Global Private LTE Markets, 2021-2026 - Opportunities in the Convergence of 5G and Private LTE
DUBLIN, Nov. 12, 2021 /PRNewswire/ -- The "Global Private LTE Market (2021-2026)" report has been added to ResearchAndMarkets.com's offering.
- DUBLIN, Nov. 12, 2021 /PRNewswire/ -- The "Global Private LTE Market (2021-2026)" report has been added to ResearchAndMarkets.com's offering.
- Global Private LTE Market is estimated to be USD 4.79 Bn in 2021 and is expected to reach USD 9.2 Bn by 2026, growing at a CAGR of 14%.
- Private LTE caters to customized network demands and mission-critical applications, which can help in reducing the latency in a network.
- Besides, the push given by the Government authorities to open new frequency bands in unlicensed and shared spectrum shall boost private LTE network.