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Private LTE Market Size to Reach USD 10.78 Billion in 2028 | Increasing Demand for High-Speed and Secure Wireless Networks is a Key Factors Driving Industry Demand, according to Emergen ResearchVANCOUVER, BC, Dec. 9, 2021 /PRNewswire/ -- The global private LTE market size is expected to reach USD 10.78 Billion at a revenue CAGR of 12.8% in 2028, according to latest analysis by Emergen Research. Steady global private Long-Term Evolution market revenue growth can be attributed to rising demand for secure wireless network connectivity. Private LTE network provides the benefit of keeping data safe through on-premises corporate firewall, thereby delivering a higher security standard. Private LTE network is particularly appropriate for Internet of Things (IoT) on the move, due to its ability to provide uninterrupted handoffs to other networks while roaming beyond reach of onsite access points and still deliver similar levels of enhanced security.  Surging demand for more scalable and enhanced bandwidth to increase network speed is a key factor propelling private LTE market revenue growth. Increasing penetration of smart devices, such as smartphones and presence of an immense number of apps lead to an indispensable need for secure networks in several enterprises. Also, emergence of Industry 4.0 is boosting demand for private LTE networks in the manufacturing industry owing to increase in investments in automation and Machine to Machine (M2M) communication that are vital to increase economies of scale. Click Here to Access Free sample PDF Copy of the Report@ https://www.emergenresearch.com/request-sample/863 Some Key Highlights From the Report
Emergen Research has segmented the global private LTE market on the basis of offering, technology, mode of deployment, spectrum, application, and region:
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Read Full Description and Table of Contents @ https://www.emergenresearch.com/industry-report/private-long-term-evolution-market Explore Latest Published Blogs by Emergen Research: Top 10 Leading Companies Offering Path-breaking Blockchain AI Solutions Top 10 Companies in the AI-Enabled Medical Imaging Solutions Market Top 10 IoT Medical Device Companies Leading the Digital Revolution in Healthcare Top 7 Companies Offering Blockchain Technology In Energy Sector World's Top 10 Leading Companies Incorporating SLAM Technology to Offer Next-level Mapping and Location Tracking Solutions Top 10 Companies in the World Providing Top-tier Edge Analytics Solutions Top 10 Globally Leading Companies Offering Next-Generation Smart Factory Solutions About Emergen Research Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors. Contact Us: Eric Lee Logo: https://mma.prnewswire.com/media/1579538/Emergen_Research_Logo.jpg
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