Private 5G Network Market Size, Trends and Insights By Component (Hardware, Software, Services), By Frequency (Sub-6 GHz, mmWave), By Spectrum (Licensed, Unlicensed/Shared), By Enterprise Size (Small & Medium Enterprises, Large Enterprises), By Vertical (Manufacturing/Factories, Energy & Utilities, Transportation & Logistics, Defense, Enterprises & Campus, Mining, Healthcare/Hospitals, Oil & Gas, Retail, Agriculture, Smart Cities, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Telefonaktiebolaget LM Ericsson
- Nokia Corporation
- Samsung Electronics Co. Ltd.
- ZTE Corporation
- Deutsche Telekom Group
- Others
Reports Description
As per the current market research conducted by the CMI Team, the global Private 5G Network market is expected to record a CAGR of 54.3% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 5.7 Billion. By 2033, the valuation is anticipated to reach USD 160.6 Billion.
Private 5G Network Market: Overview
Private 5G is a wireless network technology that provides a fifth-generation (5G) cellular connection for private-network applications. Private 5G functions like a public 5G network, but the owner can restrict access. Private 5G networks are used by corporations, third-party service providers, and municipalities.
Private 5G is an alternative to Wi-Fi and other wireless choices such as public Long-Term Evolution (LTE) and 5G. Cellular technologies require expensive, licensed spectrum to function. Large national carriers in the United States, such as AT&T, T-Mobile, and Verizon, have the resources to purchase spectrum, create countrywide networks, and lease out network access to individual customers.
An enterprise that controls or rents a portion of the 5G spectrum can benefit from 5G speeds while maintaining its private network’s security and granular management. The private 5G network market is driven by several elements, including industry 4.0 adoption, growing IoT and IIOT deployment, enhanced security and privacy, rising demand for ultra-low latency applications, increasing government initiatives, and increasing investment by the key market players.
- According to the report published by the 5G Americas, 5G global connections reached nearly 2 billion in Q1 2024 with 185 million new additions, projected to hit 7.7 billion by 2028. North America’s 5G adoption is 32% of all wireless cellular connections, doubling the global average, 11% growth, and 22 million new connections.
- According to GSMA, by 2025, 5G networks are likely to cover one-third of the world’s population. The impact on the mobile industry and its customers will be profound.
Private 5G Network Market: Growth Factors
The advent of industry 4.0
A private or non-public 5G network is a specialized local area network (LAN) that provides complete internet connectivity to businesses, industries, and customers. Major industrial companies, like Mercedes-Benz AG, Siemens AG, and ABB Ltd., have implemented industrial robotics and sensor-based technologies to improve functional effectiveness and production with Industry 4.0.
The above-mentioned IIoT devices rely on a private 5G network to ensure a safe and seamless internet connection. Furthermore, demand for real-time networking and Time-Sensitive Networking (TSN) is rapidly increasing in various industries, including transportation and logistics, aerospace, oil and gas, and manufacturing.
The need for a private 5G network is predicted to grow significantly throughout the projection period, enabling capacity with high-speed connections during real-time networking and time-sensitive networking across industries. The oil and gas industry’s growing digitization has increased the requirement for highly reliable and secure bandwidth.
As a result, demand for high-security networks is projected to grow, notably among the Organization of Petroleum Exporting Countries (OPEC). Thus, introducing Industry 4.0 is expected to fuel market growth over the forecast period.
Increasing investment in smart infrastructure
Smart cities, for example, are conceptual models designed to provide a combination of cutting-edge infrastructure and services. A smart city has an ICT infrastructure that improves the efficiency and effectiveness of city activities and services.
Only cities that meet the following criteria can be considered competent: smart utilities, innovative citizen services, and innovative structures. Smart cities use the Internet of Things (IoT) to collect real-time data and respond with fast, low-cost solutions.
Digital city settings are generally constructed on ICT frameworks that connect a range of specialized sensors, connected autos, mobile devices, home appliances, telecommunication gateways, and data centers.
As a result, the success of innovative city projects is heavily reliant on various Internet of Things technologies, including cloud, data communications, sensors, and mobility. Because of the increased demand for faster connectivity and communication, 5G private network services may have a promising future.
Private 5G Network Market: Recent Development
The Private 5G Network industry adopted several strategies, which include product launches, acquisitions, collaboration, expansion, and others. Some of the company strategies include:
- In September 2023, Deutsche Telekom will debut its new private 5G network solution, ‘Campus Network Smart. The solution, developed in collaboration with Microsoft Corporation, is part of Deutsche Telekom’s robust 5G private network offering.
- In June 2024, Hewlett Packard Enterprise introduced HPE Aruba Networking Enterprise Private 5G to help customers accelerate and simplify the deployment and management of private 5G networks, providing high levels of reliable wireless coverage across large campus and industrial environments and opening up new, untapped use cases for private cellular.
- In June 2023, Samsung Electronics Co., Ltd. announced expanding its collaboration with NAVER Cloud to launch a private 5G network for Hoban Construction, a leading construction, property development and manufacturing company. This network will be the first in the Korean construction sector, enabling the three companies to combine various 5G applications to enhance worksite safety and efficiency.
This product launch, expansion and collaboration strategies have expanded the company’s market presence in the Private 5G Network industry and gained its competitive edge.
Private 5G Network Market: Challenge
High deployment and maintenance cost
One of the biggest obstacles to expanding the private 5G network market is the high cost of implementation and maintenance. Due to the significant initial outlay and continuing operating expenses required to set up a dedicated 5G network, smaller businesses or sectors with limited resources may find it challenging to implement this technology.
Compared to conventional network configurations, building private 5G infrastructure requires purchasing base stations, antennas, and edge computing equipment, which are more costly. Furthermore, private 5G networks frequently demand unique designs incorporating particular hardware and software combinations to satisfy particular organizational objectives.
Integrating AI, edge computing, and IoT can considerably raise network implementation costs. Thus, the high deployment and maintenance cost might pose a significant challenge to the private 5G network market.
Private 5G Network Market: Category-Wise Insights
By Component:
The hardware segment is expected to dominate the market. The growing global deployment of backhaul and transport equipment and core networks is responsible for this segment’s dominance.
Besides, the services segment is growing at a rapid rate. The installation and integration services category is predicted to develop significantly during the projection period because of the growing emphasis on setting up a private 5G core network for committed customers to manage their data safely.
By Vertical:
The manufacturing/factories segment is expected to dominate the market. The increase is driven by the strong need for private 5G services to offer smooth connectivity to gadgets, including Automated Guided Vehicle Systems (AGVs), Ultra-HD cameras, and extended reality headsets. Furthermore, the increasing requirement for machines to communicate continuously is anticipated to support the segment’s expansion.
Besides, the transportation & logistics segment is growing at a rapid rate. These are becoming more widely regarded as a means of lowering the risk of sexually transmitted infections and unintended pregnancy. The position and condition of assets are anticipated to be tracked by trucking firms, warehouse operators, courier businesses, railway companies, port authorities, and other transportation and logistics organizations using private 5G networks.
A private 5G network’s ultra-high speed, increased bandwidth, real-time data collecting, and cloud-native design are some of its primary characteristics propelling its uptake by logistics and transportation firms.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 5.7 Billion |
| Projected Market Size in 2033 | USD 160.6 Billion |
| Market Size in 2023 | USD 2.1 Billion |
| CAGR Growth Rate | 54.3% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Component, Frequency, Spectrum, Enterprise Size, Vertical and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your research requirements. |
Private 5G Network Market: Regional Analysis
North America is projected to dominate the Private 5G Network market. The market growth of Private 5G Networks in the region is attributed to the rapid 5G adoption in the area. Furthermore, the presence of major regional players drives the industry expansion. Also, the increasing regulatory support propels the industry expansion.
However, the Asia Pacific is growing significantly in the global Private 5G Network industry. The advent of Industry 4.0 is the primary reason for the industry development over the forecast period. Moreover, the rising government initiatives, especially in countries like India and China, drive the expansion of the Private 5G Network industry.
List of the prominent players in the Private 5G Network Market:
- Telefonaktiebolaget LM Ericsson
- Nokia Corporation
- Samsung Electronics Co. Ltd.
- ZTE Corporation
- Deutsche Telekom Group
- AT&T Inc.
- Juniper Networks Inc.
- Verizon Communications
- Altiostar
- HUAWEI TECHNOLOGIES CO. LTD.
- Mavenir
- T-Systems International GmbH
- Cisco Systems Inc.
- Vodafone Group Plc
- BT Group
- Others
The Private 5G Network Market is segmented as follows:
By Component
- Hardware
- Software
- Services
By Frequency
- Sub-6 GHz
- mmWave
By Spectrum
- Licensed
- Unlicensed/Shared
By Enterprise Size
- Small & Medium Enterprises
- Large Enterprises
By Vertical
- Manufacturing/Factories
- Energy & Utilities
- Transportation & Logistics
- Defense
- Enterprises & Campus
- Mining
- Healthcare/Hospitals
- Oil & Gas
- Retail
- Agriculture
- Smart Cities
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Private 5G Network Market (2024 – 2033) (USD Billion)
- 2.2 Global Private 5G Network Market: snapshot
- Chapter 3. Global Private 5G Network Market – Industry Analysis
- 3.1 Private 5G Network Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 The advent of industry 4.0
- 3.2.2 Increasing investment in smart infrastructure.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Component
- 3.7.2 Market Attractiveness Analysis By Frequency
- 3.7.3 Market Attractiveness Analysis By Spectrum
- 3.7.4 Market Attractiveness Analysis By Enterprise Size
- 3.7.5 Market Attractiveness Analysis By Vertical
- Chapter 4. Global Private 5G Network Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Private 5G Network Market: company market share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Private 5G Network Market – Component Analysis
- 5.1 Global Private 5G Network Market Overview: By Component
- 5.1.1 Global Private 5G Network Market Share, By Component, 2023 and 2033
- 5.2 Hardware
- 5.2.1 Global Private 5G Network Market by Hardware, 2024 – 2033 (USD Billion)
- 5.3 Software
- 5.3.1 Global Private 5G Network Market by Software, 2024 – 2033 (USD Billion)
- 5.4 Services
- 5.4.1 Global Private 5G Network Market by Services, 2024 – 2033 (USD Billion)
- 5.1 Global Private 5G Network Market Overview: By Component
- Chapter 6. Global Private 5G Network Market – Frequency Analysis
- 6.1 Global Private 5G Network Market Overview: By Frequency
- 6.1.1 Global Private 5G Network Market Share, By Frequency, 2023 and 2033
- 6.2 Sub-6 GHz
- 6.2.1 Global Private 5G Network Market by Sub-6 GHz, 2024 – 2033 (USD Billion)
- 6.3 mmWave
- 6.3.1 Global Private 5G Network Market by mmWave, 2024 – 2033 (USD Billion)
- 6.1 Global Private 5G Network Market Overview: By Frequency
- Chapter 7. Global Private 5G Network Market – Spectrum Analysis
- 7.1 Global Private 5G Network Market Overview: By Spectrum
- 7.1.1 Global Private 5G Network Market Share, By Spectrum, 2023 and 2033
- 7.2 Licensed
- 7.2.1 Global Private 5G Network Market by Licensed, 2024 – 2033 (USD Billion)
- 7.3 Unlicensed/Shared
- 7.3.1 Global Private 5G Network Market by Unlicensed/Shared, 2024 – 2033 (USD Billion)
- 7.1 Global Private 5G Network Market Overview: By Spectrum
- Chapter 8. Global Private 5G Network Market – Enterprise Size Analysis
- 8.1 Global Private 5G Network Market Overview: By Enterprise Size
- 8.1.1 Global Private 5G Network Market Share, By Enterprise Size, 2023 and 2033
- 8.2 Small & Medium Enterprises
- 8.2.1 Global Private 5G Network Market by Small & Medium Enterprises, 2024 – 2033 (USD Billion)
- 8.3 Large Enterprises
- 8.3.1 Global Private 5G Network Market by Large Enterprises, 2024 – 2033 (USD Billion)
- 8.1 Global Private 5G Network Market Overview: By Enterprise Size
- Chapter 9. Global Private 5G Network Market – Vertical Analysis
- 9.1 Global Private 5G Network Market Overview: By Vertical
- 9.1.1 Global Private 5G Network Market Share, By Vertical, 2023 and 2033
- 9.2 Manufacturing/Factories
- 9.2.1 Global Private 5G Network Market by Manufacturing/Factories, 2024 – 2033 (USD Billion)
- 9.3 Energy & Utilities
- 9.3.1 Global Private 5G Network Market by Energy & Utilities, 2024 – 2033 (USD Billion)
- 9.4 Transportation & Logistics
- 9.4.1 Global Private 5G Network Market by Transportation & Logistics, 2024 – 2033 (USD Billion)
- 9.5 Defense
- 9.5.1 Global Private 5G Network Market by Defense, 2024 – 2033 (USD Billion)
- 9.6 Enterprises & Campus
- 9.6.1 Global Private 5G Network Market by Enterprises & Campus, 2024 – 2033 (USD Billion)
- 9.7 Mining
- 9.7.1 Global Private 5G Network Market by Mining, 2024 – 2033 (USD Billion)
- 9.8 Healthcare/Hospitals
- 9.8.1 Global Private 5G Network Market by Healthcare/Hospitals, 2024 – 2033 (USD Billion)
- 9.9 Oil & Gas
- 9.9.1 Global Private 5G Network Market by Oil & Gas, 2024 – 2033 (USD Billion)
- 9.10 Retail
- 9.10.1 Global Private 5G Network Market by Retail, 2024 – 2033 (USD Billion)
- 9.11 Agriculture
- 9.11.1 Global Private 5G Network Market by Agriculture, 2024 – 2033 (USD Billion)
- 9.12 Smart Cities
- 9.12.1 Global Private 5G Network Market by Smart Cities, 2024 – 2033 (USD Billion)
- 9.13 Others
- 9.13.1 Global Private 5G Network Market by Others, 2024 – 2033 (USD Billion)
- 9.1 Global Private 5G Network Market Overview: By Vertical
- Chapter 10. Private 5G Networks Market – Regional Analysis
- 10.1 Global Private 5G Networks Market Regional Overview
- 10.2 Global Private 5G Networks Market Share, by Region, 2023 & 2033 (USD Billion)
- 10.3. North America
- 10.3.1 North America Private 5G Networks Market, 2024 – 2033 (USD Billion)
- 10.3.1.1 North America Private 5G Networks Market, by Country, 2024 – 2033 (USD Billion)
- 10.3.1 North America Private 5G Networks Market, 2024 – 2033 (USD Billion)
- 10.4 North America Private 5G Networks Market, by Component, 2024 – 2033
- 10.4.1 North America Private 5G Networks Market, by Component, 2024 – 2033 (USD Billion)
- 10.5 North America Private 5G Networks Market, by Frequency, 2024 – 2033
- 10.5.1 North America Private 5G Networks Market, by Frequency, 2024 – 2033 (USD Billion)
- 10.6 North America Private 5G Networks Market, by Spectrum, 2024 – 2033
- 10.6.1 North America Private 5G Networks Market, by Spectrum, 2024 – 2033 (USD Billion)
- 10.7 North America Private 5G Networks Market, by Enterprise Size, 2024 – 2033
- 10.7.1 North America Private 5G Networks Market, by Enterprise Size, 2024 – 2033 (USD Billion)
- 10.8 North America Private 5G Networks Market, by Vertical, 2024 – 2033
- 10.8.1 North America Private 5G Networks Market, by Vertical, 2024 – 2033 (USD Billion)
- 10.9. Europe
- 10.9.1 Europe Private 5G Networks Market, 2024 – 2033 (USD Billion)
- 10.9.1.1 Europe Private 5G Networks Market, by Country, 2024 – 2033 (USD Billion)
- 10.9.1 Europe Private 5G Networks Market, 2024 – 2033 (USD Billion)
- 10.10 Europe Private 5G Networks Market, by Component, 2024 – 2033
- 10.10.1 Europe Private 5G Networks Market, by Component, 2024 – 2033 (USD Billion)
- 10.11 Europe Private 5G Networks Market, by Frequency, 2024 – 2033
- 10.11.1 Europe Private 5G Networks Market, by Frequency, 2024 – 2033 (USD Billion)
- 10.12 Europe Private 5G Networks Market, by Spectrum, 2024 – 2033
- 10.12.1 Europe Private 5G Networks Market, by Spectrum, 2024 – 2033 (USD Billion)
- 10.13 Europe Private 5G Networks Market, by Enterprise Size, 2024 – 2033
- 10.13.1 Europe Private 5G Networks Market, by Enterprise Size, 2024 – 2033 (USD Billion)
- 10.14 Europe Private 5G Networks Market, by Vertical, 2024 – 2033
- 10.14.1 Europe Private 5G Networks Market, by Vertical, 2024 – 2033 (USD Billion)
- 10.15. Asia Pacific
- 10.15.1 Asia Pacific Private 5G Networks Market, 2024 – 2033 (USD Billion)
- 10.15.1.1 Asia Pacific Private 5G Networks Market, by Country, 2024 – 2033 (USD Billion)
- 10.15.1 Asia Pacific Private 5G Networks Market, 2024 – 2033 (USD Billion)
- 10.16 Asia Pacific Private 5G Networks Market, by Component, 2024 – 2033
- 10.16.1 Asia Pacific Private 5G Networks Market, by Component, 2024 – 2033 (USD Billion)
- 10.17 Asia Pacific Private 5G Networks Market, by Frequency, 2024 – 2033
- 10.17.1 Asia Pacific Private 5G Networks Market, by Frequency, 2024 – 2033 (USD Billion)
- 10.18 Asia Pacific Private 5G Networks Market, by Spectrum, 2024 – 2033
- 10.18.1 Asia Pacific Private 5G Networks Market, by Spectrum, 2024 – 2033 (USD Billion)
- 10.19 Asia Pacific Private 5G Networks Market, by Enterprise Size, 2024 – 2033
- 10.19.1 Asia Pacific Private 5G Networks Market, by Enterprise Size, 2024 – 2033 (USD Billion)
- 10.20 Asia Pacific Private 5G Networks Market, by Vertical, 2024 – 2033
- 10.20.1 Asia Pacific Private 5G Networks Market, by Vertical, 2024 – 2033 (USD Billion)
- 10.21. Latin America
- 10.21.1 Latin America Private 5G Networks Market, 2024 – 2033 (USD Billion)
- 10.21.1.1 Latin America Private 5G Networks Market, by Country, 2024 – 2033 (USD Billion)
- 10.21.1 Latin America Private 5G Networks Market, 2024 – 2033 (USD Billion)
- 10.22 Latin America Private 5G Networks Market, by Component, 2024 – 2033
- 10.22.1 Latin America Private 5G Networks Market, by Component, 2024 – 2033 (USD Billion)
- 10.23 Latin America Private 5G Networks Market, by Frequency, 2024 – 2033
- 10.23.1 Latin America Private 5G Networks Market, by Frequency, 2024 – 2033 (USD Billion)
- 10.24 Latin America Private 5G Networks Market, by Spectrum, 2024 – 2033
- 10.24.1 Latin America Private 5G Networks Market, by Spectrum, 2024 – 2033 (USD Billion)
- 10.25 Latin America Private 5G Networks Market, by Enterprise Size, 2024 – 2033
- 10.25.1 Latin America Private 5G Networks Market, by Enterprise Size, 2024 – 2033 (USD Billion)
- 10.26 Latin America Private 5G Networks Market, by Vertical, 2024 – 2033
- 10.26.1 Latin America Private 5G Networks Market, by Vertical, 2024 – 2033 (USD Billion)
- 10.27. The Middle-East and Africa
- 10.27.1 The Middle-East and Africa Private 5G Networks Market, 2024 – 2033 (USD Billion)
- 10.27.1.1 The Middle-East and Africa Private 5G Networks Market, by Country, 2024 – 2033 (USD Billion)
- 10.27.1 The Middle-East and Africa Private 5G Networks Market, 2024 – 2033 (USD Billion)
- 10.28 The Middle-East and Africa Private 5G Networks Market, by Component, 2024 – 2033
- 10.28.1 The Middle-East and Africa Private 5G Networks Market, by Component, 2024 – 2033 (USD Billion)
- 10.29 The Middle-East and Africa Private 5G Networks Market, by Frequency, 2024 – 2033
- 10.29.1 The Middle-East and Africa Private 5G Networks Market, by Frequency, 2024 – 2033 (USD Billion)
- 10.30 The Middle-East and Africa Private 5G Networks Market, by Spectrum, 2024 – 2033
- 10.30.1 The Middle-East and Africa Private 5G Networks Market, by Spectrum, 2024 – 2033 (USD Billion)
- 10.31 The Middle-East and Africa Private 5G Networks Market, by Enterprise Size, 2024 – 2033
- 10.31.1 The Middle-East and Africa Private 5G Networks Market, by Enterprise Size, 2024 – 2033 (USD Billion)
- 10.32 The Middle-East and Africa Private 5G Networks Market, by Vertical, 2024 – 2033
- 10.32.1 The Middle-East and Africa Private 5G Networks Market, by Vertical, 2024 – 2033 (USD Billion)
- Chapter 11. Company Profiles
- 11.1 Telefonaktiebolaget LM Ericsson
- 11.1.1 Overview
- 11.1.2 Financials
- 11.1.3 Product Portfolio
- 11.1.4 Business Strategy
- 11.1.5 Recent Developments
- 11.2 Nokia Corporation
- 11.2.1 Overview
- 11.2.2 Financials
- 11.2.3 Product Portfolio
- 11.2.4 Business Strategy
- 11.2.5 Recent Developments
- 11.3 Samsung Electronics Co. Ltd.
- 11.3.1 Overview
- 11.3.2 Financials
- 11.3.3 Product Portfolio
- 11.3.4 Business Strategy
- 11.3.5 Recent Developments
- 11.4 ZTE Corporation
- 11.4.1 Overview
- 11.4.2 Financials
- 11.4.3 Product Portfolio
- 11.4.4 Business Strategy
- 11.4.5 Recent Developments
- 11.5 Deutsche Telekom Group
- 11.5.1 Overview
- 11.5.2 Financials
- 11.5.3 Product Portfolio
- 11.5.4 Business Strategy
- 11.5.5 Recent Developments
- 11.6 AT&T Inc.
- 11.6.1 Overview
- 11.6.2 Financials
- 11.6.3 Product Portfolio
- 11.6.4 Business Strategy
- 11.6.5 Recent Developments
- 11.7 Juniper Networks Inc.
- 11.7.1 Overview
- 11.7.2 Financials
- 11.7.3 Product Portfolio
- 11.7.4 Business Strategy
- 11.7.5 Recent Developments
- 11.8 Verizon Communications
- 11.8.1 Overview
- 11.8.2 Financials
- 11.8.3 Product Portfolio
- 11.8.4 Business Strategy
- 11.8.5 Recent Developments
- 11.9 Altiostar
- 11.9.1 Overview
- 11.9.2 Financials
- 11.9.3 Product Portfolio
- 11.9.4 Business Strategy
- 11.9.5 Recent Developments
- 11.10 HUAWEI TECHNOLOGIES CO. LTD.
- 11.10.1 Overview
- 11.10.2 Financials
- 11.10.3 Product Portfolio
- 11.10.4 Business Strategy
- 11.10.5 Recent Developments
- 11.11 Mavenir
- 11.11.1 Overview
- 11.11.2 Financials
- 11.11.3 Product Portfolio
- 11.11.4 Business Strategy
- 11.11.5 Recent Developments
- 11.12 T-Systems International GmbH
- 11.12.1 Overview
- 11.12.2 Financials
- 11.12.3 Product Portfolio
- 11.12.4 Business Strategy
- 11.12.5 Recent Developments
- 11.13 Cisco Systems Inc.
- 11.13.1 Overview
- 11.13.2 Financials
- 11.13.3 Product Portfolio
- 11.13.4 Business Strategy
- 11.13.5 Recent Developments
- 11.14 Vodafone Group Plc
- 11.14.1 Overview
- 11.14.2 Financials
- 11.14.3 Product Portfolio
- 11.14.4 Business Strategy
- 11.14.5 Recent Developments
- 11.15 BT Group
- 11.15.1 Overview
- 11.15.2 Financials
- 11.15.3 Product Portfolio
- 11.15.4 Business Strategy
- 11.15.5 Recent Developments
- 11.16 Others.
- 11.16.1 Overview
- 11.16.2 Financials
- 11.16.3 Product Portfolio
- 11.16.4 Business Strategy
- 11.16.5 Recent Developments
- 11.1 Telefonaktiebolaget LM Ericsson
List Of Figures
Figures No 1 to 41
List Of Tables
Tables No 1 to 127
Prominent Player
- Telefonaktiebolaget LM Ericsson
- Nokia Corporation
- Samsung Electronics Co. Ltd.
- ZTE Corporation
- Deutsche Telekom Group
- AT&T Inc.
- Juniper Networks Inc.
- Verizon Communications
- Altiostar
- HUAWEI TECHNOLOGIES CO. LTD.
- Mavenir
- T-Systems International GmbH
- Cisco Systems Inc.
- Vodafone Group Plc
- BT Group
- Others
FAQs
The key factors driving the Market are The advent of industry 4.0, Increasing investment in smart infrastructure.
The “Hardware” category dominated the market in 2023.
The key players in the market are Telefonaktiebolaget LM Ericsson, Nokia Corporation, Samsung Electronics Co. Ltd., ZTE Corporation, Deutsche Telekom Group, AT&T Inc., Juniper Networks Inc., Verizon Communications, Altiostar, HUAWEI TECHNOLOGIES CO. LTD., Mavenir, T-Systems International GmbH, Cisco Systems Inc., Vodafone Group Plc, BT Group, Others.
“North America” had the largest share in the Private 5G Network Market.
The global market is projected to grow at a CAGR of 54.3% during the forecast period, 2024-2033.
The Private 5G Network Market size was valued at USD 5.7 Billion in 2024.