Private LTE Market Segmentation:
Industry Vertical Segment Analysis
Based on the industry vertical, the manufacturing segment in the private LTE market is attributed to holding the largest market share of about 28% during the forecast period. Automated systems in manufacturing plants carry out regular tasks using network technologies including GPS, Wi-Fi, and hardwired connections. But these possibilities for connectivity aren't. To keep its hold on the market, AT&T Inc. has spent more than USD 800 million in wired and wireless networks in Kentucky during the last three years. The telecom behemoth expects that these planned expenditures will enhance the coverage, speed, dependability, and overall performance of IoT devices for businesses and consumers. To enable IoT devices and robotic equipment to operate on various frequencies, private LTE places the manufacturing plant's network on a different frequency band.
Technology Segment Analysis
Based on technology, the frequency division duplexing segment in the private LTE market is attributed to hold the largest revenue share of about 65% during the forecast period. With frequency division multiplexing (FDD), transmitting and receiving signals take place on different frequency bands, preventing interference between the two. FDD is thought to be a superior choice over TDD for symmetric traffic signals, like a voice in broadband wireless networks because the signals don't interfere. Many wireless systems, such as millimeter wave (MMW) and microwave (MW) communications as well as certain 4G/LTE networks, use frequency division multiplexing (FDD). A faster mobile broadband communication network is created using LTE-FDD.
Our in-depth analysis of the global private LTE market includes the following segments:
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Technology |
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Deployment |
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Frequency Band |
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Industry Vertical |
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