Global Private 5G Networks Market Growth (Status and Outlook) 2023-2029

Global Private 5G Networks Market Growth (Status and Outlook) 2023-2029

A private 5G network is a cellular network that comprises core network servers and cell sites to support connectivity and maximize WAN connection to mobile end points. In addition, it provides features, such as network slicing, low latency, high bandwidth, and more. Moreover, a private 5G network provides industries with high-performing networks and helps in operations of several technologies, such as automated guided vehicles (AGVs), drones, sensor technology, heavy machinery automation, robotics, and others.
LPI (LP Information)' newest research report, the “Private 5G Networks Industry Forecast” looks at past sales and reviews total world Private 5G Networks sales in 2022, providing a comprehensive analysis by region and market sector of projected Private 5G Networks sales for 2023 through 2029. With Private 5G Networks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Private 5G Networks industry.
This Insight Report provides a comprehensive analysis of the global Private 5G Networks landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Private 5G Networks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Private 5G Networks market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Private 5G Networks and breaks down the forecast by spectrum, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Private 5G Networks.
The global Private 5G Networks market size is projected to grow from US$ 217.7 million in 2022 to US$ 15410 million in 2029; it is expected to grow at a CAGR of 83.8% from 2023 to 2029.
Global private 5G networks key players include Nokia, Ericsson, Huawei, etc. Global top 3 manufacturers hold a share over 65%.
Europe is the largest market, with a sales market share about 41%, followed by Asia-Pacific, and North America, both have a sales market share about 55 percent.
In terms of product, Sub-6 GHz is the largest segment, with a share over 80%. And in terms of application, the largest application is energy and utilities, followed by manufacturing.
This report presents a comprehensive overview, market shares, and growth opportunities of Private 5G Networks market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by spectrum
Sub-6 GHz
mmWave
Segmentation by application
Manufacturing
Energy, Utilities and Mining
Transportation & Logistics
Education and Hospitality
Government & Public Safety
Corporates & Enterprises
Healthcare
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nokia
Ericsson
Huawei
Samsung
ZTE
China Mobile
China Unicom
Verizon
Deutsche Telekom
Vodafone
Qualcomm
NEC
Fujitsu
NTT
Advantech
Amazon Web Services (AWS)
Cisco
HPE
AT&T

Please note: The report will take approximately 2 business days to prepare and deliver.