Private LTE Market Share

Statistics for the 2023 & 2024 Private LTE market share, created by Mordor Intelligence™ Industry Reports. Private LTE share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Private LTE Industry

The Private LTE market is consolidated, and it is dominated by a few significant shareholding players present in the market. The market witnessed various mergers and acquisitions of smaller firms by the larger firms, thereby consolidating the market, which often makes it difficult for new entrants to enter and compete in the market, along with larger firms accounting for considerable network expansions globally. A few of the significant market players include Nokia Corporation, Quortus Limited, LM Ericsson Telephone Company, Huawei Technologies Co., Ltd., and NEC Corporation. 

In November 2022, Betacom, a provider of network design and services, partnered with Qualcomm to link its private LTE/5G network design and management service with Qualcomm's RAN automation and management offering, as well as a ready pool of Qualcomm-approved deployment partners for enterprise customers in the Industry 4.0 space. This partnership aims to provide clients with access to an end-to-end, off-the-shelf private network solution that has been thoroughly tested and verified and is supported by knowledge and assistance. 

In July 2022, Aviat Networks, Inc., an industry player in wireless transport solutions, and Redline Communications Group Inc., a prominent supplier of mission-critical data infrastructure, announced that the acquisition of Redline by a subsidiary of Aviat had been completed following a statutory plan of arrangement under the Canada Business Corporations Act. As a result, Aviat can now provide its clients with an integrated end-to-end offering for wireless access and transport.

Private LTE Market Leaders

  1. Nokia Corporation

  2. Quortus Limited

  3. LM Ericsson Telephone Company

  4. Huawei Technologies Co., Ltd.

  5. NEC Corporation

*Disclaimer: Major Players sorted in no particular order

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Private LTE Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)