Private 5G-as-a-Service Market By Component (Hardware, Software, Service), By Frequency Band (Sub-6 GHz, mmWave), By Deployment Model (Standalone (SA), Non-standalone (NSA)), By Spectrum (Licensed, Unlicensed/Shared), By Industry Vertical (Manufacturing,

Private 5G-as-a-Service Market By Component (Hardware, Software, Service), By Frequency Band (Sub-6 GHz, mmWave), By Deployment Model (Standalone (SA), Non-standalone (NSA)), By Spectrum (Licensed, Unlicensed/Shared), By Industry Vertical (Manufacturing, Transportation and Logistics, Office Buildings, BFSI, Healthcare, Media and Entertainment, Others): Global Opportunity Analysis and Industry Forecast, 2022-2031
Private 5G as a service refers to a telecommunication service that provides organizations with their own private 5G network infrastructure, which is managed and operated by a third-party provider. This type of service is designed to offer the benefits of 5G technology, such as high-speed connectivity, low latency, and the ability to connect a large number of devices, while providing organizations with greater control and security over their network. By providing private 5G as a service, organizations can avoid the capital expenses and complexities associated with building and maintaining their own private network infrastructure, while also benefiting from the flexibility and scalability of a cloud-based service model. Private 5G as a service can be customized to meet the specific needs and requirements of different organizations, making it a highly versatile and adaptable solution.

The major drivers of the private 5G as a service market include rise in number of IoT devices & adoption of edge computing, surge in demand for content streaming services, and increase in demand for low latency connectivity in industrial automation. 5G technologies are expected to help deliver unmatched data speeds while improving the overall user experience and dramatically improving real-time data processing capabilities in IoT devices. Edge computing can help streaming services improve network performance by caching popular content closer to end users in edge data centers. Moreover, advent of 5G technologies is expected to boost data speeds while improving the overall user experience. 5G technologies provide the essential network characteristics such as high reliability and low latency, which are required to support critical application in manufacturing facilities. 5G is one of the major technologies that is projected to facilitate industrial automation to Industry 4.0. Increase in investments in smart cities and surge in demand for connected cars are expected to provide growth opportunities for the market. In addition, increase in investments toward smart city infrastructure is expected to provide significant opportunity for implementation of 5G technologies within smart cities. 5G communication will further enable massive volume of data generated from vehicle to be transferred and processed more efficiently while improving the overall performance of automated vehicles, thus driving growth in autonomous long-distance transportation.

The global private 5G as a service market is segmented into component, frequency band, deployment model, spectrum, industry vertical, and region. By component, the market is classified into hardware, software, and service. Depending on frequency band, it is segregated into sub-6 GHz and mmWave. On the basis of deployment model, it is categorized into standalone (SA) and non-standalone (NSA). As per spectrum, it is bifurcated into licensed and unlicensed/shared. According to industry vertical, it is fragmented into BFSI, transportation & logistics, IT, manufacturing, healthcare, media & entertainment, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

The report analyzes the profiles of key players operating in the private 5G as a service market such as Amazon Web Services, Inc., Mavenir, Ericsson, Cisco Systems, Inc., Anterix, Infosys Limited, Verizon, AT&T Intellectual Property, Nokia, and Kyndryl Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the private 5G as a service industry.

Key benefits for stakeholders

The study provides in-depth analysis of the global private 5G as a service market along with the current & future trends to illustrate the imminent investment pockets.
Information about key drivers, restrains, & opportunities and their impact analysis on the global private 5G as a service market size are provided in the report.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global private 5G as a service market from 2021 to 2031 is provided to determine the market potential.

Key Market Segments

By Component

Hardware
Software
Service

By Frequency Band

Sub-6 GHz
mmWave

By Deployment Model

Standalone (SA)
Non-standalone (NSA)

By Industry Vertical

Office Buildings
BFSI
Manufacturing
Transportation and Logistics
Healthcare
Media and Entertainment
Others

By Spectrum

Licensed
Unlicensed/Shared

By Region

North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Amazon Web Services, Inc.
Anterix Inc.
AT and T Intellectual Property
Cisco Systems, Inc.
Ericsson
Infosys Limited
Kyndryl Inc.
Mavenir
Nokia
Verizon

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