Market Size – USD 4.87 Billion in 2021, Market Growth – at a CAGR of 13.7%, Market Trends – the increasing demand for proprietary higher quality networks and the convergence of 5G and private LTE (Long-Term Evolution).

The global private LTE market size was valued at USD 1207 million in 2021 and is anticipated to generate USD 4019 million by 2030. The market is projected to grow at a CAGR of 14.3% during the forecast period (2022–2030).