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Stock impact report

Private LTE Market Forecast to Reach $14.6 Billion by 2032: Insights by Component, Technology, Frequency Band, Deployment Model, Industry Vertical, and Region 2024-2032 [Yahoo! Finance]

Casa Systems, Inc. (CASA) 
Last casa systems, inc. earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Model, Industry Vertical, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering. The global private LTE market reached US$ 5.6 billion in 2023. Looking forward, the market is projected to reach US$ 14.6 billion by 2032, exhibiting a growth rate (CAGR) of 11.2% during 2023-2032. 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) solution Show less Read more
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