Private LTE and 5G infrastructure to surpass $5bn by 2021


Monday, 19 February, 2018


Private LTE and 5G infrastructure to surpass $5bn by 2021

Annual investments in private LTE and 5G network infrastructure will exceed $5 billion by 2021, according to the latest report by SNS Telecom & IT.

With the standardisation of capabilities such as MCPTT (mission-critical PTT) by the 3GPP, LTE is increasingly being viewed as an all-inclusive critical communications platform for the delivery of multiple mission-critical services.

These services range from PTT group communications to real-time video surveillance. Organisations across the critical communications industry — from public safety agencies to railway operators — are making sizeable investments in private LTE and 5G-ready networks.

By providing authority over wireless coverage and capacity, private LTE and 5G networks can ensure guaranteed connectivity, while supporting a wide range of applications and usage scenarios. Small-scale private LTE and 5G-ready networks are also beginning to be deployed in industrial IoT (Internet of Things) settings — where LTE and 5G can fulfil the stringent reliability, availability and low latency requirements for connectivity in industrial control and automation systems, besides supporting mobility for robotics and machines.

In addition, with the emergence of capabilities such as multioperator small cells and shared/unlicensed spectrum access schemes, the use of private LTE and 5G networks — in enterprise buildings, campuses and public venues, for localised connectivity — is expected to grow significantly over the coming years.

Private LTE and 5G networks are increasingly becoming the preferred approach to deliver wireless connectivity for critical communications, industrial IoT, enterprise and campus environments, and public venues. SNS Telecom & IT estimates that the market will further grow at a CAGR of approximately 30% between 2018 and 2021, eventually accounting for more than $5 billion by the end of 2021.

The ‘Private LTE & 5G Network Ecosystem: 2018-2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts’ report presents an in-depth assessment of the private LTE and 5G network ecosystem including market drivers, challenges, enabling technologies, vertical market opportunities, applications, key trends, standardisation, spectrum availability/allocation, regulatory landscape, deployment case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for private LTE and 5G network infrastructure investments from 2018 till 2030. The forecasts cover three submarkets, 10 vertical markets and six regions.

The report will be of value to current and future potential investors into the private LTE and 5G network ecosystem, as well as LTE/5G network infrastructure OEMs, critical communications organisations, vertical-domain specialists, mobile operators and other ecosystem players who wish to broaden their knowledge of the ecosystem.

Image credit: ©stock.adobe.com/au/beebright

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