Mining companies, as actual pioneers when it comes to autonomous vehicles and private LTE network deployments
For those who are unfamiliar, private LTE and Wi-Fi mesh wireless technologies support driverless trucks, trains and drills in mines, introducing cost efficiency and operational safety, while making modern mines safer, smarter, and more autonomous.
ABI Research predicts that over US$2.9 billion, 1.5% out of total mining CAPEX, will be spent by the mining sector on private network in 2022; led by demand for wireless broadband technology, such as private LTE and Wi-Fi mesh.
Between the two technologies, private LTE sets to see greater adoption. Economy of scales through 3GPP standardizations and advancement in LTE hardware and software technologies continues to make LTE technology more powerful and cost friendly, according to the firm.
Many analysts believe that, mining sector will be aggressive in deploying wireless technologies and this deserves the attention of LTE vendors and service providers.
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