Private LTE Market Outlook:
Private LTE Market size was over USD 7.9 billion in 2025 and is anticipated to cross USD 24.98 billion by 2035, growing at more than 12.2% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of private LTE is assessed at USD 8.77 billion.
The rise in smartphone use worldwide is anticipated to be a significant demand generator for the expansion of the private LTE network industry. As of 2024, there are 6.93 billion smartphone users worldwide, or 85.68% of the global population, who own a smartphone.
The main factors driving the growth of the private LTE market include features such as high capacity, high speed, high security, consistent performance, low latency rate, greater range, and interoperability. Furthermore, as society evolves, more people are embracing isolated networks, which is anticipated to play a significant role in the spread of private LTE throughout the world market.
