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[109 Pages Report] LTE IoT market size, analysis, trends, & forecast. The global market for LTE IoT categorized by technology, service, industry, & by region.
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Scope of The Report The research report categorizes the LTE IoT Market to forecast the revenues and analyse the trends in each of the following subsegments: • LTE-M • NB-IoT • Manufacturing • Energy and utilities • Transportation and logistics • Healthcare • Agriculture • Professional services • Managed services By Technology By Service By Industry And More…
Key Segments The global LTE IoT Market size is expected to grow from $800 million in 2018 to $2800 million by 2023, at a CAGR of 28.4% during the forecast period. 1 2 The major growth factors for the market include the growth of connected devices and the need for unique and defined network qualities. The manufacturing industry has witnessed tremendous transformation, owing to advancements in technologies, such as robotics and automated production lines. 3 Professional services are required during and after the implementation of LTE IoT technologies, such as LTE-M and NB-IoT. 4 5 Europe is leading the LTE IoT market due to the widespread adoption of the LTE technology for enterprises’ IoT applications.
Market Growth Rate CAGR 2018 2023 Market Size of $800 Million Market Size of $2800 Million 28.4%
Key Vendors Major Players • Ericsson (Sweden) • Vodafone (UK) • Telstra (Australia) • Sierra Wireless (Canada) • PureSoftware (India) • And More View Report Here - https://www.marketsandmarkets.com/Market-Reports/lte-iot-market-219994648.html
Major Regions • North America • Europe • APAC • MEA • Latin America • North America is expected to hold the largest market share. • Asia Pacific (APAC) is expected to provide opportunities for debt collection software providers and grow at the highest CAGR
Key Questions Addressed by the Report: • Where will all these developments take the industry in the mid to long term? • What are the upcoming industry applications for the LTE IoT market? • Which are the major factors expected to drive the market in near future? • Which region would offer a higher growth for the vendors in the market? • Which service would account for the highest market share in the market?
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