U.S. Private LTE & 5G Network Market Size Is Anticipated To Reach USD 13.6 Billion By 2030
San Francisco, 16 Sep 2022: The Report U.S. Private LTE & 5G Network Market Size, Share & Trends Analysis Report By Vertical (Oil & Gas, Mining), By Component (Hardware, Services), By Frequency (MmWave, Sub-6 GHz), By Spectrum, And Segment Forecasts, 2022 - 2030 The U.S. private LTE & 5G network market size is expected to reach USD 13.6 billion by 2030, growing at a CAGR of 24.1% from 2022 to 2030, according to a new report by Grand View Research, Inc. This report focuses on upcoming trends in various spectrums, numerous private 5G use cases, the LTE and 5G industry’s overall regulatory scenario, and company profiles of key private LTE & 5G network providers. The growing adoption of a private network (both LTE & 5G) for the Internet of Things (IoT) applications & use cases, such as remote asset monitoring, machine control systems, and others, is one of the major factors responsible for the market growth across the U.S. The enterprises and manufacturing