Private LTE & 5G network infrastructure a $5 billion opportunity, says SNS Telecom & IT

SNS Telecom’s and ITs latest research report indicates that annual investments in private LTE and 5G network infrastructure will exceed $5 billion (€4.03 billion) by 2021.

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 ranging from PTT group communications to real-time video surveillance, and 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 fulfill 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 multi-operator 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.

Expected to surpass $2.5 billion (€2.01 billion) in annual spending by the end of 2018, private LTE and 5G networks are increasingly becoming the preferred approach to deliver wireless connectivity for critical communications, industrial IoT, enterprise & 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 (€4.03 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 3 submarkets, 10 vertical markets and 6 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.

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