Asia-Pacific Private LTE Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Solution and Services), Type (FDD and TDD), and End- user (Manufacturing, Energy & Utilities, Healthcare, Transportation, Mining, and Others)

Market Introduction

The region is constantly witnessing a growing economy, which is leading to growth in a wide variety of sectors, which includes manufacturing, infrastructure, technology, and various other sectors. Many of the economies of the region are aggressively looking for digital applications such as autonomous vehicles, smart cities, and IoT to empower its economy further. The investors are to avoiding high-tech costs investment in the US and are diverting towards the APAC region to invest on big business opportunities, which includes 5g technology with the acceleration in the adoption of digital transformation across various countries in the region. APAC market for private LTE includes the market of South Korea, India, China, Japan, Australia, and Rest of APAC. Also, advent of 5G network for vendors operating in private LTE market is the major factor driving the growth of the APAC private LTE market.

The COVID-19 outbreak has resulted in a massive financial loss in APAC. The governments in APAC countries are taking possible steps to reduce its effects by announcing lockdown, which is negatively affecting the manufacturing sector. China, India, South Korea, Taiwan dominates the global manufacturing sector with significantly unparalleled, large numbers of manufacturing units. The COVID-19 emergence and imposition of lockdown across the country have substantially disrupted its manufacturing sector. Since the emergence of the COVID-19 virus, the country has undergone several lockdown phases, which has adversely affected the manufacturing and construction industries. Since manufacturing is one of a prominent business of Asia, the scope of industry 4.0 is expanding in same. With growing proliferation of industry 4.0, the demand for private LTE will rise in Asian economies. With ease in government measures and manufacturing units getting started to work with full capacity, the demand for industry 4.0 will continue to rise. This factor will help in creating lucrative opportunities for private LTE devices and solutions.

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Market Overview and Dynamics

The private LTE market in APAC, is expected to reach US$ 2,560.44 million by 2028 from US$ 880.98 million in 2021. The market is estimated to grow at a CAGR of 16.5% from 2021 to 2028. The increasing adoption of the Industry 4.0, industrial IoT, and automated technology are significantly fuelling the demand for private LTE market. The continuous advancement in connectivity is the key parameter positively influencing the market. Increasing connected devices in manufacturing sector are generating a huge amount of data, and these data need to be analyzed effectively for smooth business operations. The increasing investments in machine-to-machine (M2M) and traditional IoT have enabled a significant increase in the economies of scale that drive the adoption of private LTE across the sector.

Key Market Segments

The APAC private LTE market is segmented into component, type, end-user, and country. Based on component, the market is segmented into solution and services. The services segment dominated the market in the year 2020 and is also expected to be the fastest growing during forecast period. Based on type, the market is segmented into FDD and TDD. The FDD segment dominated the market in year 2020 and TDD segment is expected to be the fastest growing during the forecast period. Based on end- user, the market is segmented into manufacturing, energy & utilities, healthcare, transportation, mining, and others. The manufacturing segment dominated the market in year 2020 and transportation segment is expected to be the fastest growing during the forecast period.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the private LTE market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Cisco Systems, Inc; Telefonaktiebolaget LM Ericsson; Huawei Technologies Co., Ltd.; Samsung Group, Verizon Communications, Inc.; CommScope Inc; NetNumber, Inc.; Star Solutions; and Sierra Wireless, Inc. among others.

Reasons to buy report

To understand the APAC private LTE market landscape and identify market segments that are most likely to guarantee a strong return
Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC private LTE market
Efficiently plan M&A and partnership deals in APAC private LTE market by identifying market segments with the most promising probable sales
Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC private LTE market
Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.

APAC PRIVATE LTE MARKET SEGMENTATION

APAC Private LTE Market -By Component

Solution
Services
- Professional Services
- Managed Services

APAC Private LTE Market -By Type

APAC Private LTE Market -By End User

APAC Private LTE Market -By Country

APAC Private LTE Market -Company Profiles

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Private LTE Market Landscape

4.1 Market Overview

4.2 Ecosystem Analysis

4.3 Expert Opinion

4.4 APAC PEST Analysis

5. APAC Private LTE Market – Key Industry Dynamics

5.1 Market Drivers

5.1.1 Broadening Adoption of IoT in Manufacturing Sector

5.1.2 Aggravating Demand for Reliable and Efficient Communications Network Infrastructure

5.2 Market Restraints

5.2.1 Expanding Exploitation of IoT devices

5.3 Market Opportunities

5.3.1 Advent of 5G network for Vendors Operating in Private LTE Market

5.3.2 Occuring Applications Expediting the Installation of Private Wireless Networks

5.4 Future Trends

5.4.1 Surfacing of New Industrial and Residential Use Cases in the Near Future

5.5 Impact Analysis of Drivers and Restraints

6. Private LTE Market – APAC Market Analysis

6.1 APAC Private LTE Market Overview

6.2 APAC Private LTE Market, Revenue and Forecast to 2028 (US$ Million)

7. APAC Private LTE Market – By Component

7.1 Overview

7.2 APAC Private LTE Market Breakdown, by Component (2020 and 2028)

7.3 Solution

7.3.1 Overview

7.3.2 Solution: APAC Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Services

7.4.1 Overview

7.4.2 Services: APAC Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

7.4.3 Professional services

7.4.3.1 Overview

7.4.3.2 Professional services: APAC Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

7.4.4 Managed services

7.4.4.1 Overview

7.4.4.2 Managed services :APAC Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

8. APAC Private LTE Market – By Type

8.1 Overview

8.2 APAC Private LTE Market Breakdown, by Type (2020 and 2028)

8.3 FDD

8.3.1 Overview

8.3.2 FDD: APAC Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

8.4 TDD

8.4.1 Overview

8.4.2 TDD: APAC Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

9. APAC Private LTE Market – By End-User

9.1 Overview

9.2 APAC Private LTE Market Breakdown, by End-User (2020 and 2028)

9.3 Manufacturing

9.3.1 Overview

9.3.2 Manufacturing: APAC Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Energy & utilities

9.4.1 Overview

9.4.2 Energy & utilities: APAC Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Healthcare

9.5.1 Overview

9.5.2 Healthcare: APAC Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Transportation

9.6.1 Overview

9.6.2 Transportation: APAC Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

9.7 Mining

9.7.1 Overview

9.7.2 Mining: APAC Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

9.8 Others

9.8.1 Overview

9.8.2 Others: APAC Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

10. APAC Private LTE Market – Country Analysis

10.1 Overview

10.1.1 APAC: Private LTE Market, by Key Country

10.1.1.1 China: Private LTE market, Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 China: Private LTE Market, by Component

10.1.1.1.1.1 China: Private LTE Market, by Services

10.1.1.1.2 China: Private LTE Market, by Type

10.1.1.1.3 China: Private LTE Market, by End-User

10.1.1.2 Japan: Private LTE market, Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 Japan: Private LTE Market, by Component

10.1.1.2.1.1 Japan: Private LTE Market, by Services, Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.2 Japan: Private LTE Market, by Type, Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.3 Japan: Private LTE Market, by End-User, Revenue and Forecast to 2028 (US$ Million)

10.1.1.3 South Korea: Private LTE market, Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 South Korea: Private LTE Market, by Component

10.1.1.3.1.1 South Korea: Private LTE Market, by Services

10.1.1.3.2 South Korea: Private LTE Market, by Type

10.1.1.3.3 South Korea: Private LTE Market, by End-User

10.1.1.4 Australia: Private LTE market, Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 Australia: Private LTE Market, by Component

10.1.1.4.1.1 Australia: Private LTE Market, by Services

10.1.1.4.2 Australia: Private LTE Market, by Type

10.1.1.4.3 Australia: Private LTE Market, by End-User

10.1.1.5 India: Private LTE market, Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 India: Private LTE Market, by Component

10.1.1.5.1.1 India: Private LTE Market, by Services

10.1.1.5.2 India: Private LTE Market, by Type

10.1.1.5.3 India: Private LTE Market, by End-User

10.1.1.6 Rest of APAC: Private LTE market, Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of APAC: Private LTE Market, by Component

10.1.1.6.1.1 Rest of APAC: Private LTE Market, by Services

10.1.1.6.2 Rest of APAC: Private LTE Market, by Type

10.1.1.6.3 Rest of APAC: Private LTE Market, by End-User

11. Impact of COVID-19 Pandemic on APAC Private LTE Market

11.1 Overview

12. MEA Private LTE Market - Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Merger and Acquisition

12.4 New DEvelopment

13. Private LTE Market- Company Profiles

13.1 Cisco Systems, Inc.

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Telefonaktiebolaget LM Ericsson

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Huawei Technologies Co., Ltd.

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Samsung Group

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 VERIZON COMMUNICATIONS, INC.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 CommScope Inc.

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Future Technologies, Inc.

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 NetNumber, Inc.

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Star Solutions

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Sierra Wireless, Inc.

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary of Terms

LIST OF TABLES

Table 1. APAC Private LTE Market, Revenue and Forecast to 2028 (US$ Million)

Table 2. China: Private LTE Market, by Component, Revenue and Forecast to 2028 (US$ Million)

Table 3. China: Private LTE Market, by Services, Revenue and Forecast to 2028 (US$ Million)

Table 4. China: Private LTE Market, by Type, Revenue and Forecast to 2028 (US$ Million)

Table 5. China: Private LTE Market, by End-User, Revenue and Forecast to 2028 (US$ Million)

Table 6. Japan: Private LTE Market, by Component, Revenue and Forecast to 2028 (US$ Million)

Table 7. Japan: Private LTE Market, by Services, Revenue and Forecast to 2028 (US$ Million)

Table 8. Japan: Private LTE Market, by Type, Revenue and Forecast to 2028 (US$ Million)

Table 9. Japan: Private LTE Market, by End-User, Revenue and Forecast to 2028 (US$ Million)

Table 10. South Korea: Private LTE Market, by Component, Revenue and Forecast to 2028 (US$ Million)

Table 11. South Korea: Private LTE Market, by Services, Revenue and Forecast to 2028 (US$ Million)

Table 12. South Korea: Private LTE Market, by Type, Revenue and Forecast to 2028 (US$ Million)

Table 13. South Korea: Private LTE Market, by End-User, Revenue and Forecast to 2028 (US$ Million)

Table 14. Australia: Private LTE Market, by Component, Revenue and Forecast to 2028 (US$ Million)

Table 15. Australia: Private LTE Market, by Services, Revenue and Forecast to 2028 (US$ Million)

Table 16. Australia: Private LTE Market, by Type, Revenue and Forecast to 2028 (US$ Million)

Table 17. Australia: Private LTE Market, by End-User, Revenue and Forecast to 2028 (US$ Million)

Table 18. India: Private LTE Market, by Component, Revenue and Forecast to 2028 (US$ Million)

Table 19. India: Private LTE Market, by Services, Revenue and Forecast to 2028 (US$ Million)

Table 20. India: Private LTE Market, by Type, Revenue and Forecast to 2028 (US$ Million)

Table 21. India: Private LTE Market, by End-User, Revenue and Forecast to 2028 (US$ Million)

Table 22. Rest of APAC: Private LTE Market, by Component, Revenue and Forecast to 2028 (US$ Million)

Table 23. Rest of APAC: Private LTE Market, by Services, Revenue and Forecast to 2028 (US$ Million)

Table 24. Rest of APAC: Private LTE Market, by Type, Revenue and Forecast to 2028 (US$ Million)

Table 25. Rest of APAC: Private LTE Market, by End-User, Revenue and Forecast to 2028 (US$ Million)

Table 26. Glossary of Term: Private LTE Market

LIST OF FIGURES

Figure 1. APAC Private LTE Market Segmentation

Figure 2. APAC Private LTE Market Segmentation – By Country

Figure 3. Services segment to dominate the APAC private LTE market by component

Figure 4. Managed services segment to witness high growth in the APAC private LTE market by services

Figure 5. TDD segment witness high growth in the APAC private LTE market by type

Figure 6. Manufacturing segment witness high growth in the APAC private LTE market by end-user

Figure 7. APAC Private LTE Market Overview

Figure 8. China holds a largest share in the APAC private LTE market

Figure 9. APAC Private LTE Market Ecosystem Analysis

Figure 10. Expert Opinion

Figure 11. APAC – PEST Analysis

Figure 12. APAC Private LTE Market Impact Analysis of Drivers and Restraints

Figure 13. APAC Private LTE Market, Revenue and Forecast to 2028 (US$ Million)

Figure 14. APAC Private LTE Market Revenue Share, by Component (2020 and 2028)

Figure 15. APAC Solution: Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. APAC Services: Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. APAC Professional services: Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. APAC Managed Services: Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. APAC Private LTE Market Revenue Share, by Type (2020 and 2028)

Figure 20. APAC FDD: APAC Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. APAC TDD: APAC Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. APAC Private LTE Market Revenue Share, by End-User (2020 and 2028)

Figure 23. APAC Manufacturing: Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. APAC Energy & utilities: Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. APAC Healthcare: Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. APAC Transportation: Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. APAC Mining: Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. APAC Others: Private LTE Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. APAC: Private LTE Market, by Key Country-Revenue 2020 (US$ Million)

Figure 30. APAC: Private LTE market Revenue Share, by Key Country, (2020 & 2028 )

Figure 31. China: Private LTE market, Revenue and Forecast to 2028 (US$ Million)

Figure 32. Japan: Private LTE market, Revenue and Forecast to 2028 (US$ Million)

Figure 33. South Korea: Private LTE market, Revenue and Forecast to 2028 (US$ Million)

Figure 34. Australia: Private LTE market, Revenue and Forecast to 2028 (US$ Million)

Figure 35. India: Private LTE market, Revenue and Forecast to 2028 (US$ Million)

Figure 36. Rest of APAC: Private LTE market, Revenue and Forecast to 2028 (US$ Million)

Figure 37. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC Private LTE Market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the APAC Private LTE market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth APAC market trends and outlook coupled with the factors driving Private LTE market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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