The Private LTE Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The historical trend in the Private LTE market indicates a quick expansion. The market size which was $5.4 billion in 2024 is projected to swell to $6.03 billion in 2025, growing at a Compound Annual Growth Rate (CAGR) of 11.5%.
The Private LTE market is predicted to expand to a value of $10.07 billion by the year 2029. This growth trajectory is expected to follow a compound annual growth rate (CAGR) of 13.7%.
Download Your Free Sample of the 2025 Private LTE Market Report and Uncover Key Trends Now!The key drivers in the private lte market are:
• Rising integration of 5G technology
• Increasing demand across various industry verticals
• Enhanced integration of edge computing
• Growth in cybersecurity measures and cloud-based deployments
The private LTE market covered in this report is segmented –
1) By Component: Infrastructure, Services
2) By Technology: Frequency-Division Duplexing, Time Division Duplexing
3) By Deployment Model: Centralized, Distributed
4) By Applications: Public Safety, logistics And Supply Chain, Asset Management
5) By End User: Utilities, Mining, Oil And Gas, Manufacturing, Transportation And Logistics, Government And Public Safety, Healthcare, Other End Users
The key trends in the private lte market are:
• The integration of 5G technology into private LTE is a key emerging trend.
• There's a growing trend towards the implementation of network slicing and smart infrastructure in the private LTE market.
• The concept of private network as a service (NaaS) is gaining traction.
• An increased focus on mission-critical communication and interoperability is also notable.
Major companies in the private lte market are:
• Nokia Corporation
• Telefonaktiebolaget LM Ericsson
• Huawei Technologies Co. Ltd.
• ZTE Corporation
• Cisco Corporation
• Verizon Communications Inc.
• Qualcomm Technologies Inc.
• Ruckus Networks Inc.
• Future Technologies Pvt. Ltd.
• Comba Telecom Systems Holdings Ltd.
• CommScope Inc.
• Samsung Group
• Sierra Wireless Inc.
• Quortus Limited
• Star Solutions Inc.
• Tecore Networks
• Telrad Networks
• Wireless Excellence
• NEC Corporation
• Aviat Networks Inc.
• Affirmed Networks Inc.
• Athonet SpA
• Airspan Networks Inc.
• ASOCS Inc.
• Boingo Wireless Inc.
• Druid Software Limited
• ExteNet Systems Inc.
• Fujitsu Limited
• Lemko Corporation
North America was the largest region in the private LTE market in 2024