Lucintel Forecasts the Global Private LTE Market to Grow with a CAGR of 10.6% from 2025 to 2031

According to a market report by Lucintel, the future of the global private LTE market looks promising with opportunities in the utility, mining, oil & gas, manufacturing, transportation & logistic, government & public safety, and healthcare markets. The global private LTE market is expected to grow with a CAGR of 10.6% from 2025 to 2031. The major drivers for this market are the increasing demand for secure connectivity, the rising focus on private network solutions, and the growing need for network reliability.

A more than 150-page report to understand trends, opportunity and forecast in global private LTE market to 2031 by component (infrastructure and services), technology (FDD and TDD), deployment model (centralized and distributed), end use (utilities, mining, oil & gas, manufacturing, transportation & logistics, government & public safety, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the component category, infrastructure is expected to witness higher growth over the forecast period.

Within the application category, oil & gas is expected to witness the highest growth.

Download sample by clicking on private LTE market.

In terms of region, APAC is expected to witness the highest growth over the forecast period.

Nokia, Ericsson, Huawei, ZTE, NEC, Aviat Networks, Samsung Affirmed Networks, Athonet, Airspan, ASOCS are the major suppliers in the private LTE market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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