Private 5G Network Market Analysis Report 2023 to 2030
Private 5G Network Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 1.92 Billion |
Market Size by 2030 | US$ 27.87 Billion |
Global CAGR (2022 - 2030) | 39.7% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Private 5G Network Market News and Recent Developments
The private 5G network market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the private 5G network market are listed below:
- Nokia announced the launch of the Nokia DAC PW Compact, a new configuration optimized to meet the private wireless connectivity needs of small, mid-sized industrial sites. As more industries move toward digital transformation to improve their business processes, a compact version of Nokia's market-leading private wireless solution delivers rigorous security and reliable connectivity that ensures even the smallest enterprise sites can benefit from the transition. (Source: Nokia Corp, Company Website, October 2023)
- AT&T Mexico Adds New Allies to Their 5G Innovation Lab to Develop Uses Cases for Private Networks. In Alliance with Qualcomm, Celona, Axity, and Veea, the company has started technological testing private networks within the 5G Innovation Lab that AT&T has located in Mexico City. (Source: AT&T Inc, Company Website, April 2023)
Private 5G Network Market Report Coverage and Deliverables
The “Private 5G Network Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
- Private 5G network market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Private 5G network market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Private 5G network market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the private 5G network market
- Detailed company profiles