LTE IoT Market is segmented into technology (NB-IoT, LTE-M), service (Professional Services, Managed Services), Industry (Manufacturing, Energy and Utilities, Transportation and Logistics, Healthcare, Agriculture), geography (North America, Asia Pacific, Europe, Latin America, Middle East & Africa).
Rising adoption of telco cloud, increasing data consumption, growing adoption of smart devices at a peak rate, and reduction in cost of IoT components with the growing wireless technology, like 5G and NB-IoT, would drive the overall growth of LTE IoT.
Managed service providers operating in this market deliver their proficiency in managing different operating activities (with infrastructure management, security operations, and cloud operations) to clients, permitting them to launch several Machine-to-Machine (M2M) offerings rapidly, at a flexible cost. With global coverage, managed service provider offers customers complete and cost-effective solutions. These managed service providers influence partnerships with major satellite and mobile networks to offer high-end managed services to application providers, system integrators, and end-user clients.
Deutsche Telekom is preparing the roll out of its 5G-ready LTE-M technology in 2019 with the accelerated expansion of LTE-M solutions. Company today reveals the finalists of the hubraum LTE-M Prototyping program at a summit in Vienna, Austria. Initiative was established by Deutsche Telekom’s in-house tech incubator hubraum in cooperation with its ICT services arm T-Systems. It builds on already successfully implemented prototyping programs for NB-IoT solutions.
Near about 150 start-ups and IoT-specialist companies from across Europe and US submitted LTE-M-based offers to the new program. 18 solution partners from 12 countries spanning different industries were selected for further cooperation in prototyping LTE-M use cases. With Deutsche Telekom’s support they have executed LTE-M connectivity and tested the prototypes in either Krakow, Berlin, Reutlingen, Rotterdam or Vienna, where local LTE-M test networks are already available.
Maximize Market Research has comprehensively analysed Global LTE IoT market. The driving forces as well as considerable restraints have been explained in depth to attain a balanced scenario. Segment wise market size and market share during the forecast years is duly addressed to portray the probable picture of this exuberant industry. The competitive landscape comprising of key innovators, service providers, market giants as well as niche players is studied and analysed extensively with respect to their strengths, weaknesses as well as value addition prospects. Report presents significant case studies along with the success stories to motivate and guide the like minds. In addition, Report displays current consolidation trends with respect to prominent mergers and acquisitions, consequent Market fragmentation, new trends and dynamics in partnerships, emerging business models. This will enable the reader to comprehend whole LTE IoT market with utmost ease and clarity.
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