Private LTE will be a US$16.3-billion opportunity by 2025: ABI Research

OYSTER BAY, NY — The market for private LTE networks deployed by end-vertical enterprises will be worth US$16.3 billion by 2025, according to market consultancy firm ABI Research.Private LTE will also lay the foundation for 5G services in end-vertical markets, such as healthcare, transport and logistics, manufacturing, smart venues, smart cities, and oil and gas, ABI Research said in a news release on Thursday.The future of mobile service providers (MSPs) and network vendors will be defined beyond the consumer market to end-vertical enterprises, making private LTE a key asset to create new revenue streams, ABI Research said. Among the vertical...