Global Private 5G Network Market

Report Code: IFT306A

Publish Date: Oct 2024

Publisher: BCC Publishing

Category: Information Technology

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Report Highlights

The report provides an overview of the global private 5G network market size and a detailed analysis of the market players' products and strategies. Using 2023 as the base year, the report provides estimated market data for 2024 through 2029.

Report Includes

  • An overview of the global market for private 5G network
  • Analysis of the global market trends, with data from 2023, estimates for 2024, forecasts for 2025, 2027, and projections of compound annual growth rates (CAGRs) through 2029
  • Estimates of actual market size and revenue forecast for the private 5G network market, and a corresponding market share analysis based on offering, frequency band, deployment type, application, and region
  • Discussions of the market dynamics, opportunities and challenges, as well as emerging technologies
  • Overview of the sustainability trends and ESG developments in the industry, with emphasis on the ESG practices followed by leading companies, their ESG ratings, and consumer attitudes
  • Competitive intelligence, including companies’ market shares, recent M&A activity and venture funding
  • Profiles of the leading companies

Report Scope

This study provides a comprehensive analysis of private 5G network offerings, focusing on segments such as hardware, software and services. The study categorizes the market by frequency bands, specifically sub-6-GHz and millimeter-wave (mmWave) spectrums. In addition, private 5G networks are classified by deployment type: on-premise and cloud-based.

This report also explores the applications of private 5G networks across several industries, including manufacturing; healthcare; banking, financial services, and insurance (BFSI); energy and utilities; automotive and transportation; aerospace and defense; and media and entertainment. It examines other sectors such as mining; IT and telecommunications; logistics; and supply chain management. It provides a regional analysis of private 5G networks in North America, Europe, Asia-Pacific, and the Rest of the World (RoW), which includes Latin America, and the Middle East and Africa.

The study analyzes the drivers and regional dynamics of the private 5G network market, along with current industry trends. The report concludes by providing profiles of the leading companies in the market. The base year for the study is 2023, with projections for the years 2024 through 2029, including projected CAGRs for the forecast period.

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2024-2029
Base year market size $2.3 billion
Market size forecast $22.2 billion
Growth rate CAGR of 46.8% for the forecast period of 2024-2029
Units considered $ Millions
Segments covered Offering, Frequency Band, Deployment Type, Application, and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Market Drivers
  • Growing emphasis on industrial automation.
  • Rising demand for low latency and for high reliability.
  • Increasing security concerns.
  • Broadening scope of customized solutions.
Companies studied
HUAWEI TECHNOLOGIES CO. LTD.CISCO SYSTEMS INC.
CIENA CORP.JUNIPER NETWORKS INC.
NEC CORP.NOKIA
ORACLESAMSUNG
TELEFONAKTIEBOLAGET LM ERICSSONZTE CORP.
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Frequently Asked Questions (FAQs)

The market is projected to reach $22.2 billion by 2029, growing at a CAGR of 46.8%.
The key factors driving the market include growing emphasis on industrial automation, rising demand for low latency and high reliability, increasing security concerns., etc.
  • By Offering
  • By Frequency Band.
  • By Deployment Type.
  • By Application.
  • By Geography.
By Frequency band, Sub-6 GHz. spectrum is expected to dominate the market by the end of 2029.
North America holds the highest share of the global market

Analyst Credentials

Austin Samuel – Consultant-Technology Research
Austin Samuel is an experienced professional with nearly a decade of industry experience in research and analysis, specializing in Information Technology. He has conducted extensive research and provided comprehensive syndicate and custom reports on the developments and application of information technology across multiple industries for international and domestic clients. He exhibits exceptional analytical abilities and strategic thinking and has contributed significantly to the team. Academically, Austin holds a master’s degree in Marketing and IT and a bachelor’s degree in Electrical and Electronics.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Global Private 5G Network Market86Free

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Global Private 5G Network Market
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