Global Private Wireless Solutions (Dedicated LTE and 5G New Radio) Markets, 2019-2024: 5G RRHs Unit Shipment Alone will Grow at 74.5% CAGR from 2017 to 2024
DUBLIN, Oct. 16, 2019 /PRNewswire/ -- The "Private Wireless Solutions Market for Dedicated LTE and 5G New Radio (5GNR) in Enterprise Automation, Industrial IoT Applications and Services 2019-2024" report has been added to ResearchAndMarkets.com's offering.
This research evaluates 5G NR and the market outlook for MNO and VNO to offer private IoT networks for the benefit of industrial automation and mission-critical enterprise applications and services. The report evaluates major players, technologies, and solutions. The report also assesses market challenges, opportunities, and the overall outlook for 5G NR equipment and components. The report provides detailed forecasts for equipment globally and regionally as well as investment in 5G NR by industry vertical.
LTE Advanced (LTE-A) a major step in the evolution of 4G technology, providing mobile coverage, higher performance, and greater connection stability. The 5G New Radio (NR) access technology is a part of 5G Radio Access Network (RAN) architecture that is composed of LTE evolution and millimeter wave (mmWave) technology that will be operable from sub-1 GHz to 24+ GHz in a range of the low band, mid band, and high band. A variety of complementary technologies will enable 5G NR supported systems including massive MIMO, advanced LPDC, TDD sub-frame, beamforming, and mmWave radio frequency.
Private LTE and 5G networks for enterprise and industrial automation will consist of Virtualized Network Solutions, Dedicated/Non-Virtualized Network Solutions, and Hybrid Network Solutions with an anticipated global market opportunity of $13.2B, $91.B, and $17.2B respectively.
1 Executive Summary
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