Middle East & Africa Private LTE Market Forecast to 2030
Middle East & Africa Private LTE Market Forecast to 2030 – Regional analysis – by Component [Solution and Services (Professional Services and Managed Services)], Type (FDD and TDD), and End User (Manufacturing, Energy & Utilities, Healthcare, Transportation, Mining, and Others)
Remove: 2nd news
$2,485 – $3,885
- Description
- Toplines
- Reasons for Buying
- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
- Reviews (0)
Description
Emergence of New Industrial and Residential Use Cases Bolsters Middle East & Africa Private LTE Market.
The advent of private LTE has brought many new use cases for industrial and residential uses that are anticipated to be enabled by evolving networks over the years. Fixed Wireless Access (FWA) for residential use and distributed cloud for industries could be examples of this kind. A market competing with fixed broadband access is driving a need for higher bandwidth. The objective is to provide fiber-like speeds that meet the demand for residential streaming services, such as TV and video. Typical data speed demand ranges from 100 to 4,000 Mbps. However, there is a limited business case to provide fixed broadband alternatives. Specific data speed demand ranges from 50 to 200 Mbps.
Networks are evolving to handle utilize cases with different demands on integrity, mobility, data rates, latency, scalability, security, reliability, and availability. Such requests can be met by distributed cloud architecture, which enables application deployment at distributed, central, and edge sites to meet specific use case requirements. Compared to what is possible from major sites, providing services closer to the user reduces the network transport delay and enables faster time to action, content, and control. Executing workloads closer to the network edge also reduces the need for backhaul bandwidth and capacity, and the distribution of workloads and storage over multiple sites increases availability. Overall, the emergence of these new use cases is making private LTE a more attractive option for a wider range of industries and individuals. As the technology matures and becomes more cost-effective, more innovative applications are expected to emerge, further fueling the growth of the Middle East & Africa private LTE market.
Middle East & Africa Private LTE Market Overview
The private LTE market in the Middle East & Africa consists of Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. The Gulf countries are economically developed, whereas several African countries are yet to match up to the economic conditions of these countries. The high economy of the Middle Eastern countries is set to favor higher infrastructural investments by the Middle East & Africa Government for developing the telecommunication sector.
Moreover, the pharmaceutical industry in the UAE is experiencing growth owing to the government support through incentive schemes for a brand-friendly environment, growing healthcare needs, and increasing domestic production. Several new pharmaceutical plants are being launched in the country. For instance, in October 2023, Himalaya Wellness Company LLC expanded in UAE with groundbreaking of US$ 54.44 million Herbal Pharmaceutical Factory at Dubai Industrial City. Additionally, other Middle East countries, such as Oman and Israel, are also expected to witness the growth of its manufacturing sector. The Oman government is supporting the manufacturing industry by introducing several incentives as well as promoting FDIs. Further, it has created special economic zones to enhance manufacturing growth. The growth of the manufacturing industry in the region is anticipated to further propel the market demand for the implementation of private LTE in the MEA region.
Moreover, the implementation of private LTE is increasing in the MEA. For instance, in November 2023, Ooredoo, a Qatari mobile provider, implemented a Nokia private LTE network for the oil & gas industry, including both offshore and onshore operations. Thus, considering the above parameters, the Middle East & Africa private LTE market is boosting in Middle East & Africa.
Middle East & Africa Private LTE Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Private LTE Market Segmentation
The Middle East & Africa private LTE market is segmented based on component, type, end user,and country. Based on component, the Middle East & Africa private LTE market is segmented into solution and services . The services is further bifurcated into professional and managed services. The solution segment held a larger market share in 2022.
Based on type, the Middle East & Africa private LTE market is bifurcated into FDD and TDD. The FDD held a larger market share in 2022.
Based on end user, the Middle East & Africa private LTE market is segmented into manufacturing, energy & utilities, healthcare, transportation, mining, and others . The manufacturing held the largest market share in 2022.
Based on country, the Middle East & Africa private LTE market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa private LTE market share in 2022.
Cisco Systems Inc, Telefonaktiebolaget LM Ericsson, Huawei Investment & Holding Co Ltd, Samsung Group, Verizon Communications Inc, Star Solutions, and Kyndryl Holdings Inc are some of the leading companies operating in the Middle East & Africa private LTE market.
Summary Info
Industry: | |
---|---|
Pricing options: | |
Geographical coverage: | |
Year of Publication: |
According to the Research Team’ research, the Middle East & Africa private LTE market was valued at US$ 426.42 million in 2022 and is expected to reach US$ 1,035.95 million by 2030, registering a CAGR of 11.7% from 2022 to 2030. Increasing adoption of IoT in manufacturing sector and growing demand for reliable & efficient communications network infrastructure are among the critical factors attributed to the Middle East & Africa private LTE market expansion.
The increasing adoption of Industry 4.0, industrial IoT, and automated technology are significantly fueling the demand for the private LTE market. The continuous advancements in connectivity are the key parameters positively influencing the market. An increasing number of connected devices in the manufacturing sector are generating massive amounts of data, which needs to be analyzed effectively for smooth business operations. The growing 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.
Private LTE service providers highly focus on offering personal LTE services for the manufacturing sector worldwide. The market is witnessing various initiatives for the development of advanced private LTE solutions for the manufacturing sector. Thus, owing to the above parameters increasing adoption of IoT in manufacturing sector is a potential driver for the private LTE market.
On the contrary, 5G deployment with private LTE devices the growth of Middle East & Africa private LTE market.
Based on component, the Middle East & Africa private LTE market is bifurcated into solution and services. The solution segment held 54.2% market share in 2022, amassing US$ 231.08 million. It is projected to garner US$ 530.31 million by 2030 to expand at 10.9% CAGR during 2022–2030.
Based on services, the Middle East & Africa private LTE market is bifurcated into professional services and managed services . The managed services segment held 65.0% share of Middle East & Africa private LTE market in 2022, amassing US$ 126.96 million. It is projected to garner US$ 341.46 million by 2030 to expand at 13.2% CAGR during 2022–2030.
By type, the Middle East & Africa private LTE market is bifurcated into FDD and TDD . The FDD segment held 51.3% share of Middle East & Africa private LTE market in 2022, amassing US$ 218.76 million. It is projected to garner US$ 435.70 million by 2030 to expand at 9.0% CAGR during 2022–2030.
In terms of end user, the Middle East & Africa private LTE market is segmented into manufacturing , energy & utilities , healthcare, transportation, mining, and others . The manufacturing segment held 28.9% share of Middle East & Africa private LTE market in 2022, amassing US$ 123.30 million. It is projected to garner US$ 244.14 million by 2030 to expand at 8.9% CAGR during 2022–2030.
Based on country, the Middle East & Africa private LTE market has been categorized into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 41.6% share of Middle East & Africa private LTE market in 2022. It was assessed at US$ 177.55 million in 2022 and is likely to hit US$ 480.03 million by 2030, exhibiting a CAGR of 13.2% during 2022–2030.
Key players operating in the Middle East & Africa private LTE market are Cisco Systems Inc, Telefonaktiebolaget LM Ericsson, Huawei Investment & Holding Co Ltd, Samsung Group, Verizon Communications Inc, Star Solutions, and Kyndryl Holdings Inc, among others.
In November 2020, Star Solutions partnered with Paratus, a full-service pan-African telecommunications operator, to supply its Sonata E.P.C. core Virtualized LTE Core Network platform for deployment in Namibia. The partnership intended to allow Paratus to continue delivering a robust, high-speed Internet service and grow its African customer base .
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa private LTE market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Private LTE market Landscape
4.1 Overview
4.2 Ecosystem Analysis
5. Middle East & Africa Private LTE Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Adoption of IoT in Manufacturing Sector
5.1.2 Growing Demand for Reliable and Efficient Communications Network Infrastructure
5.1.3 Rising Need for Wireless Networks
5.2 Market Restraints
5.2.1 5G Deployment
5.2.2 High Infrastructure Cost
5.3 Market Opportunities
5.3.1 Demand for Ultra-Reliable, Low Latency Communication
5.4 Future Trends
5.4.1 Emergence of New Industrial and Residential Use Cases
5.5 Impact of Drivers and Restraints:
6. Private LTE Market – Middle East & Africa Market Analysis
6.1 Private LTE Market Revenue (US$ Million), 2020–2030
6.2 Private LTE Market Forecast Analysis
7. Middle East & Africa Private LTE Market Analysis – by Component
7.1 Solution
7.1.1 Overview
7.1.2 Solution: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Services
7.2.1 Overview
7.2.2 Services: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
7.2.2.1 Professional Services
7.2.2.1.1 Overview
7.2.2.1.2 Professional Services Market, Revenue and Forecast to 2030 (US$ Million)
7.2.2.2 Managed Services
7.2.2.2.1 Overview
7.2.2.2.2 Managed Services Market, Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Private LTE Market Analysis – by Type
8.1 FDD
8.1.1 Overview
8.1.2 FDD: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
8.2 TDD
8.2.1 Overview
8.2.2 TDD: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Private LTE Market Analysis – by End user
9.1 Manufacturing
9.1.1 Overview
9.1.2 Manufacturing: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
9.2 Energy & Utilities
9.2.1 Overview
9.2.2 Energy & Utilities: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
9.3 Healthcare
9.3.1 Overview
9.3.2 Healthcare: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Transportation
9.4.1 Overview
9.4.2 Transportation: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
9.5 Mining
9.5.1 Overview
9.5.2 Mining: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
10. Middle East & Africa Private LTE market – Country Analysis
10.1 Middle East & Africa Market Overview
10.1.1 Middle East & Africa: Private LTE Market – Revenue and Forecast Analysis – by Country
10.1.1.1 Middle East & Africa: Private LTE Market – Revenue and Forecast Analysis – by Country
10.1.1.2 Saudi Arabia: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 Saudi Arabia: Private LTE Market Breakdown, by Component
10.1.1.2.1.1 Saudi Arabia: Private LTE Market Breakdown, by Services
10.1.1.2.2 Saudi Arabia: Private LTE Market Breakdown, by Type
10.1.1.2.3 Saudi Arabia: Private LTE Market Breakdown, by End user
10.1.1.3 United Arab Emirates: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.3.1 United Arab Emirates: Private LTE Market Breakdown, by Component
10.1.1.3.1.1 United Arab Emirates: Private LTE Market Breakdown, by Services
10.1.1.3.2 United Arab Emirates: Private LTE Market Breakdown, by Type
10.1.1.3.3 United Arab Emirates: Private LTE Market Breakdown, by End user
10.1.1.4 South Africa: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.4.1 South Africa: Private LTE Market Breakdown, by Component
10.1.1.4.1.1 South Africa: Private LTE Market Breakdown, by Services
10.1.1.4.2 South Africa: Private LTE Market Breakdown, by Type
10.1.1.4.3 South Africa: Private LTE Market Breakdown, by End user
10.1.1.5 Rest of Middle East & Africa: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.5.1 Rest of Middle East & Africa: Private LTE Market Breakdown, by Component
10.1.1.5.1.1 Rest of Middle East & Africa: Private LTE Market Breakdown, by Services
10.1.1.5.2 Rest of Middle East & Africa: Private LTE Market Breakdown, by Type
10.1.1.5.3 Rest of Middle East & Africa: Private LTE Market Breakdown, by End user
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. 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 Investment & Holding 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 Star Solutions
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 Kyndryl Holdings, 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
14. Appendix
14.1 About The the Reporting Teams
14.2 Word Index
Table 1. Private LTE market Segmentation
Table 2. Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
Table 3. Private LTE Market – Revenue and Forecast to 2030 (US$ Million) – by Component
Table 4. Services Market Revenue and Forecasts to 2030 (US$ Million) –Type
Table 5. Private LTE Market – Revenue and Forecast to 2030 (US$ Million) – by Type
Table 6. Private LTE Market – Revenue and Forecast to 2030 (US$ Million) – by End user
Table 7. Middle East & Africa: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by Country
Table 8. Saudi Arabia: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by Component
Table 9. Saudi Arabia: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by Services
Table 10. Saudi Arabia: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by Type
Table 11. Saudi Arabia: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by End user
Table 12. United Arab Emirates: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by Component
Table 13. United Arab Emirates: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by Services
Table 14. United Arab Emirates: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by Type
Table 15. United Arab Emirates: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by End user
Table 16. South Africa: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by Component
Table 17. South Africa: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by Services
Table 18. South Africa: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by Type
Table 19. South Africa: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by End user
Table 20. Rest of Middle East & Africa: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by Component
Table 21. Rest of Middle East & Africa: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by Services
Table 22. Rest of Middle East & Africa: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by Type
Table 23. Rest of Middle East & Africa: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)– by End user
Table 24. Heat Map Analysis by Key Players
Table 25. List of Abbreviation
Figure 1. Private LTE market Segmentation, by Country
Figure 2. PEST Analysis
Figure 3. Private LTE market – Key Market Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Private LTE Market Revenue (US$ Million), 2020–2030
Figure 6. Private LTE Market Share (%) – by Component (2022 and 2030)
Figure 7. Solution: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Services: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Professional Services Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Managed Services Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Private LTE Market Share (%) – by Type (2022 and 2030)
Figure 12. FDD: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. TDD: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Private LTE Market Share (%) – by End user (2022 and 2030)
Figure 15. Manufacturing: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Energy & Utilities: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Healthcare: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Transportation: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Mining: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Others: Private LTE Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Middle East & Africa Private LTE Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 22. Middle East & Africa: Private LTE Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 23. Saudi Arabia: Private LTE Market – Revenue and Forecast to 2030(US$ Million)
Figure 24. United Arab Emirates: Private LTE Market – Revenue and Forecast to 2030(US$ Million)
Figure 25. South Africa: Private LTE Market – Revenue and Forecast to 2030(US$ Million)
Figure 26. Rest of Middle East & Africa: Private LTE Market – Revenue and Forecast to 2030(US$ Million)
Figure 27. Company Positioning & Concentration
The List of Companies – Middle East & Africa Private LTE Market
1. Cisco Systems Inc.
2. Telefonaktiebolaget LM Ericsson.
3. Huawei Investment & Holding Co Ltd.
4. Samsung Group.
5. Verizon Communications Inc.
6. Star Solutions.
7. Kyndryl Holdings Inc.
You must be logged in to post a review.
Reviews
There are no reviews yet.