LTE and 5G NR-based CBRS Networks Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global LTE and 5G NR-Based CBRS Networks Market was valued at USD 1 billion in 2023 and is projected to grow at a CAGR of over 21% from 2024 to 2032. A primary driver of this market surge is the escalating demand for private cellular networks. For example, in March 2023, Toyota Material Handling transitioned from Wi-Fi to a private 5G network at its Columbus factory. This upgrade was motivated by the need for superior connectivity for Industry 4.0 applications, including IoT-driven predictive maintenance and fleet management. The deployment, executed by Ericsson and STEP, underscores the increasing appetite for private cellular networks, aiming to enhance operational efficiency and security in industrial environments.

Moreover, the push for denser mobile networks plays a pivotal role in the expansion of LTE and 5G NR-based CBRS networks. As urban centers and high-traffic areas face surging data demands, there is an urgent need to bolster network capacity and coverage. This urgency drives the deployment of small cells and distributed units, ensuring strong connectivity and uninterrupted service.

The overall industry is divided into infrastructure submarkets, air interface technology, application, and region.

The market is segmented based on infrastructure submarkets, including Radio Access Network (RAN), Mobile Core, Transport Network, Small Cell Radio Units (RUs), and Distributed and Centralized Baseband Units (DUs/CUs). RAN, accounting for a dominant 40% share in 2023, plays a crucial role in shaping the infrastructure and performance of LTE and 5G NR-based CBRS networks. Its prominence is further amplified by its capability to deliver vital connectivity and support a myriad of applications and services.

In terms of air interface technology, the market is divided into LTE and 5G NR categories. The LTE segment led the market in 2023, commanding a substantial 76% share. This technology's continued dominance in the air interface sector is bolstered by consistent investments and upgrades aimed at broadening network coverage and refining service quality. Factors, such as widespread deployment, a well-established infrastructure, and relentless technological advancements will further solidify LTE's strong market position.

North America emerged as the front runner in the global LTE and 5G NR-based CBRS networks market, capturing a significant 39% share in 2023. Particularly notable is North America's ascent in the Fixed Wireless Access (FWA) domain. The region's leadership is anchored in its robust infrastructure, adept at supporting both 4G LTE and 5G Sub-6GHz networks, ensuring high throughput and dependable connectivity. With the relentless demand for high-speed internet, North America's strategic investments in cutting-edge FWA technologies for catering to both residential and business needs, further cement its dominant market position.

Product Code: 11117

Chapter 1 Methodology and Scope

1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
1.2 Base estimates and calculations
- 1.2.1 Base year calculation
- 1.2.2 Key trends for market estimation
1.3 Forecast model
1.4 Primary research and validation
- 1.4.1 Primary sources
- 1.4.2 Data mining sources
1.5 Market definitions

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Supplier landscape
- 3.2.1 Component manufacturers
- 3.2.2 Equipment vendors
- 3.2.3 Systems integrators
- 3.2.4 Service providers
- 3.2.5 Network operators and neutral hosts
- 3.2.6 End user
3.3 Profit margin analysis
3.4 Technology and innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 Increased demand for private cellular networks
  - 3.8.1.2 Enhanced mobile network densification needs
  - 3.8.1.3 Cost-effective spectrum utilization with CBRS
  - 3.8.1.4 Expansion of industrial IoT applications
- 3.8.2 Industry pitfalls and challenges
  - 3.8.2.1 Complex regulatory compliance requirements
  - 3.8.2.2 Integration with existing network systems
3.9 Growth potential analysis
3.10 Porter's analysis
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share
4.3 Competitive analysis of major market players
4.4 Competitive positioning matrix
4.5 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Infrastructure Submarkets, 2021-2032 ($Bn)

5.1 Key trends
5.2 Radio Access Network (RAN)
5.3 Mobile core
5.4 Transport network
5.5 Small Cell RUs (Radio Units)
5.6 Distributed and Centralized Baseband Units (DUs/CUs)

Chapter 6 Market Estimates and Forecast, By Air Interface Technology, 2021-2032 ($Bn)

6.1 Key trends
6.2 LTE
6.3 5G NR

Chapter 7 Market Estimates and Forecast, By Application, 2021-2032 ($Bn)

7.1 Mobile network densification
7.2 Fixed Wireless Access (FWA)
7.3 Cable operators and new entrants
7.4 Neutral hosts
7.5 Private cellular networks
- 7.5.1 Education
- 7.5.2 Governments and municipalities
- 7.5.3 Healthcare
- 7.5.4 Manufacturing
- 7.5.5 Military
- 7.5.6 Mining
- 7.5.7 Oil and gas
- 7.5.8 Retail and hospitality
- 7.5.9 Others

Chapter 8 Market Estimates and Forecast, By Region, 2021-2032 ($Bn)

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Russia
- 8.3.7 Nordics
- 8.3.8 Rest of Europe
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 ANZ
- 8.4.6 Southeast Asia
- 8.4.7 Rest of Asia Pacific
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Rest of MEA

Chapter 9 Company Profiles

9.1 Amazon Web Services (AWS)
9.2 AT&T
9.3 Charter Communications
9.4 Cisco Systems
9.5 Comcast
9.6 CommScope
9.7 DISH Network
9.8 Ericsson
9.9 Federated Wireless
9.10 Google
9.11 Hewlett Packard Enterprise
9.12 Intel Corporation
9.13 JMA Wireless
9.14 Microsoft Azure
9.15 Nokia
9.16 Qualcomm
9.17 Samsung
9.18 Sony Corporation
9.19 T-Mobile US
9.20 Verizon Communications