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Global Private LTE Market Report 2022: Utilization in Smartphones and Smart Home Devices Driving Growth

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Dublin, Aug. 18, 2022 (GLOBE NEWSWIRE) — The “Private LTE Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.

The global private LTE market reached a value of US$ 4.4 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 9.3 Billion by 2027, exhibiting a CAGR of 12.90% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor

Private long-term evolution (LTE) refers to a cellular network system that provides individual network services independent of any carrier. It includes hardware, mobile core software, subscriber identification module (SIM) cards and network orchestration software that can be configured to support the specific requirements of an individual or an enterprise. Private LTE utilizes localized micro towers and small cells to provide enhanced connectivity, modify applications and reduce latency in the network. In comparison to public LTE, private LTE runs on its dedicated equipment and offers independent coverage, security, and performance. As a result, private LTE finds extensive applications across various industries, such as education, healthcare, manufacturing, oil and gas, energy and utility, retail and e-commerce, information technology (IT) and telecommunication

Private LTE Market Trends:

Significant growth in the telecommunication industry across the globe is one of the key factors creating a positive outlook for the market. Private LTE provides improved bandwidth and data transfer speeds that prevent unstable internet connections during video and audio calls.

Additionally, the widespread product utilization in smartphones and smart home devices, such as security alarms, connected city streetlights, smart waste management and wearable fitness and health trackers, is favouring the market growth. Moreover, various technological advancements, such as the integration of communication systems with artificial intelligence (AI) and the Internet of Things (IoT) solutions to provide seamless connectivity, enhanced security, outdoor coverage, and low latency, are providing a thrust to the market growth.

These technologies analyse, optimize, and improve the data and maintain the confidentiality of sensitive information within the network. Other factors, including the increasing demand for wireless networks across organizations, along with the widespread product adoption in the medical industry for improved communications between healthcare systems, are anticipated to drive the market toward growth

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global private LTE market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, technology, frequency band, deployment model and industry vertical

Breakup by Component:

  • Infrastructure
  • Service

Breakup by Technology:

Breakup by Frequency Band:

  • Licensed
  • Unlicensed
  • Shared Spectrum

Breakup by Deployment Model:

  • Centralized
  • Distributed

Breakup by Industry Vertical:

  • Healthcare
  • IT and Telecom
  • Manufacturing, Retail and E-commerce
  • Government and Defense
  • Energy and Utility
  • Oil and Gas
  • Education
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Private LTE Market

6 Market Breakup by Component

7 Market Breakup by Technology

8 Market Breakup by Frequency Band

9 Market Breakup by Deployment Model

10 Market Breakup by Industry Vertical

11 Market Breakup by Region

12 SWOT Analysis

13 Value Chain Analysis

14 Porters Five Forces Analysis

15 Price Analysis

16 Competitive Landscape

Companies Mentioned

  • Airspan Networks Inc.
  • ASOCS Ltd.
  • Casa Systems Inc.
  • Cisco Systems Inc.
  • Comba Telecom Systems Holdings Limited
  • CommScope Inc.
  • Druid Software Limited
  • Huawei Technologies Co. Ltd.
  • Nokia Corporation
  • Qualcomm Incorporated
  • Sierra Wireless Inc
  • Telefonica S.A.

For more information about this report visit https://www.researchandmarkets.com/r/ey7xb2

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Artificial Intelligence

Sentrycs Secures Multimillion-Dollar Deals to Protect Military Bases in Europe

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Sentrycs’ technology-leading counter-drone solutions have been chosen to enhance the protection of military bases in Europe against small and commercial drones
TEL AVIV, Israel, May 29, 2024 /PRNewswire/ — Sentrycs – a global technology leader in the cyber-based RF segment of counter-drone solutions – announced strategic deals which will see the implementation of its advanced counter-UAS (Unmanned Aerial Systems) solutions across multiple military bases throughout Europe.

 
The field-proven Israeli technology provider will enable its customers to mitigate the immediate threats from small and commercial drones performing ISR (Intelligence, Surveillance, and Reconnaissance) missions over sensitive sites including military bases, and occasionally attacking forces as demonstrated in recent years in Ukraine-Russia conflict and in the Middle East.
Sentrycs solutions, employing proprietary protocol analysis technology, can passively detect those drones, track their flight, identify their model, unique serial number, and ID, enabling distinction between friendly and enemy drones. Once a drone becomes a threat, the system neutralizes the drone, landing it safely in a predefined zone.
The systems will be deployed either as a standalone or as an integral part of broader multi-layered C-UAS solution to enable effective protection against different kinds of drones.
“Winning these projects signifies a meaningful market recognition of Sentrycs’ unique capabilities and technology leadership,” said Yoav Zaltzman, CEO of Sentrycs. “Our commitment to ongoing innovation and our agility in adapting to the fast-changing threats, along with strong customer support allow us to provide a field-proven and effective long-term solution. We are proud to contribute to the security of our allies with our advanced counter-drone solutions.”
ABOUT SENTRYCS:
Sentrycs is a leader in adaptive counter-drone solutions, supported by innovative cyber over RF technology. Sentrycs field-proven solutions are designed to passively detect, track, identify, and where necessary, mitigate unauthorized drones. It is custom-built for various environments, including airports, borders, prisons, critical infrastructure, and mass events. Founded in 2017, Sentrycs has offices in Israel and the US, serving customers worldwide. By uniting its field-proven technology and expertise in global drone environments, Sentrycs is leading the way toward a safer and more secure drone-driven future. Learn more at www.sentrycs.com.
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Artificial Intelligence

SciBase Announces the launch of eBarrier Score, the First AI-Driven Skin Barrier Assessment tool for research and Cosmetic Testing

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STOCKHOLM, May 29, 2024 /PRNewswire/ — SciBase Holding AB (“SciBase”) (STO: SCIB), a leading developer of artificial intelligence (AI)-based solutions for skin disorders is pleased to announce the launch of the eBarrier Score for Nevisense, the first-ever AI skin barrier assessment tool built for use in research and cosmetic testing. The eBarrier Score was announced today at the Cosmetotest cosmetic testing symposium in Lyon, France.

Researchers of the skin barrier and cosmetic products can now use Nevisense and the eBarrier Score to assess products and claims related to skin barrier function. The global market for cosmetic products aiming to improve people’s skin barrier is experiencing immense growth.
Nevisense and the eBarrier Score utilize AI-generated algorithms that researchers can use to directly quantitate the severity of skin barrier dysfunction related to common skin disorders.
In a recently published study (Skin Barrier Function Assessment: Electrical Impedance Spectroscopy Is Less Influenced by Daily Routine Activities Than Transepidermal Water Loss – https://anndermatol.org/DOIx.php?id=10.5021/ad.23.052) the first direct comparison between electrical impedance spectroscopy (EIS) using Nevisense and trans-epidermal water loss (TEWL) was made. The study demonstrates Nevisense being a more robust technique to assess skin barrier function than the within research commonly used TEWL measurement technique.
“We are thrilled to introduce the eBarrier Score to the cosmetic research market,” said Pia Renaudin, CEO of SciBase. “Every day, there are new cosmetic products related to skin barrier function. The Nevisense eBarrier Score is already an established tool in the medical research field and bringing it to the cosmetic research market will truly benefit consumers.”
For more information on the eBarrier Score and SciBase’s other research or medical products, visit scibase.com. In February SciBase announced a partnership with Skinobs, a leading global platform connecting researchers with the tools they need for their cosmetic and medical research. Through this partnership, SciBase can now offer Nevisense and eBarrier for assessing skin barrier function within cosmetic testing on the Skinobs platform.
For additional information, please contact:Pia Renaudin, VD, tel. +46732069802, e-mail: [email protected] Advisor (CA):Vator SecuritiesTel: +46 8 580 065 99Email: [email protected]
About SciBase:
SciBase is a global medical technology company, specializing in early detection and prevention in dermatology. SciBase develops and commercializes Nevisense, a unique point-of-care platform that combines AI (artificial intelligence) and advanced EIS technology to elevate diagnostic accuracy, ensuring proactive skin health management.
Our commitment is to minimize patient suffering, allowing clinicians to improve and save lives through timely detection and intervention and reduce healthcare costs.
Built on more than 20 years of research at Karolinska Institute in Stockholm, Sweden, SciBase is a leader in dermatological advancements.
The company has been on the Nasdaq First North Growth Market exchange since June 2, 2015. Learn more at www.scibase.com. All press releases and financial reports can be found here: http://investors.scibase.se/en/pressreleases
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/scibase/r/scibase-announces-the-launch-of-ebarrier-score–the-first-ai-driven-skin-barrier-assessment-tool-for,c3990203
The following files are available for download:
https://mb.cision.com/Main/12371/3990203/2828415.pdf
eBarrier Score PR
 

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Warmflow to see more actionable real-time operational insights and better forecasting with Plex Smart Manufacturing Platform from Rockwell Automation

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Irish family-owned home heating technology company to leverage cloud-based ERP, QMS & MES to empower its employees and enhance digital capabilities
BRUSSELS, May 29, 2024 /PRNewswire/ — Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced that Warmflow, an innovative home heating technology company based in Lisburn, Northern Ireland, is to be the first company in Ireland to deploy the Plex ERP, QMS & MES solution from Rockwell Automation.

Established in 1970, Warmflow, a family-owned business, is committed to digital innovation. By adopting the Plex Smart Manufacturing Platform™, it is positioned to optimize operations, enhance efficiency, and stay ahead in an evolving marketplace. The Plex solution will replace several disparate systems with MES (manufacturing execution systems), ERP (enterprise resource planning), and QMS (quality management systems) under Plex’s single-platform cloud-based umbrella.
Primary outcomes are to include a significant reduction of capital investment in stock and more accurate production planning, both of which will be possible thanks to the real-time insight-driven forecasting.
“Warmflow is an ideal customer for our Plex solution,” said Asa Arvidsson, regional vice president north region, Rockwell Automation. “It is well suited for mid-size companies to support cross-functional processes, such as ERP, MES and QMS, and to deliver a single, integrated, and intuitive view of manufacturing operations. Its cloud-based architecture also makes it eminently scalable and faster to implement.”
The digital transformation project – including new sequencing automation, control, I/O, and associated code – was developed in collaboration with ControlSoft Automation Systems, a member of the Rockwell Automation PartnerNetwork™ ecosystem as a gold-level system integrator. ControlSoft is an industrial automation company based in Dundalk, Co. Louth, Ireland, that provides turnkey solutions for process control, machine control, information, and energy control for many industries.
An important element of this turnkey project was the development of a value engineering assessment report that examined the current situation and then compared it with typical results from the Plex solution over a five-year period. Substantial savings and a rapid return on investment (ROI) were immediately apparent by removing scheduling and stockholding pain points and providing more efficient automated data handling.
“We are a family-owned business, providing innovative heating solutions to the community for the last 50 years, so it’s important we select the right ERP, QMS & MES partner as we take our next step towards the next 50 years,” explains Stewart Mclaughlin, manufacturing director at Warmflow. “Like any company we face operational challenges, and Rockwell Automation gives us a solution to these with its Plex software all-in-one solution. Its forecasting gives us room for advancement too, as we will be able to better schedule our highly qualified engineers and designers for more R&D work on our new, more-sustainable geothermal and heat-pump technologies.”
All elements of this digital solution integrate seamlessly with each other, with further operational value added by a unified LifecycleIQ Services contract for the hardware and software solutions, giving Warmflow a single point of contact for support for its new digitalized infrastructure.
About Rockwell AutomationRockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 29,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing Connected Enterprise to life across industrial enterprises, visit www.rockwellautomation.com.
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