Private LTE Market by Trends, Growth Opportunity and Forecast to 2027
March 22, 2023 ⚊ 1 Min read ⚊ Views 44 ⚊ NEWSAccording to a research report “Private LTE Market by Component (Infrastructure and Services), Technology (FDD and TDD), Deployment Model (Centralized and Distributed), Frequency Band (Licensed, Unlicensed, and Shared Spectrum), End User and Region – Global Forecast to 2027” published by MarketsandMarkets, the global private LTE market size is projected to grow from USD 5.0 billion in 2022 to USD 8.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period. The need for greater data connectivity with higher security , privacy and control will drive the market.
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