The Private 5G Network market size is estimated to grow from USD 0.919 Billion in 2020 to USD 8.75 Billion by 2027, growing at a CAGR of 38.5% during the forecast year from 2021 to 2027
A growth in requirement for ultra-reliable low layoff connectivity for industrial applications, together with industrial sensors and collaborative robots is an important factor driving the market growth. The rising need for high-speed bandwidth connectivity for time-sensitive networking and real-time networking is further driving the demand for 5G network solutions. A vital trend emerging for digitalization in the oil and gas industry is powering demand for reliable bandwidth capacity, which in turn is expected to increase the market growth.
The Private 5G Network market is segmented by spectrum, frequency, component, frequency, vertical and geography. Based on component, installation and integration service segment considered for the highest market share and is estimated to exhibit the faster CAGR over the forecast period. Growing activities for installing a private 5G network for ensuring information security is contributed to the segment’s growth. In terms of frequency, the sub-6 GHz segment is predicted to hold a majority of the market share and witness an exponential growth rate during the forecast period.
North America is led the market with fastest growth rate and largest market share, due to growing high-bandwidth requirements and the existence of leading private 5G solution providers. In addition to this, beneficial regulatory policies integrating with heavy investment by market players for deploying private network infrastructure is creating new growth avenues for the regional market. On the other side, the regional market of Asia Pacific is expected to emerge as one of the largest revenue contributors.
The research covers the current and historic Private 5G Network market size and its growth trend with company outline of Key players/manufacturers: Altiostar, AT&T Inc., Broadcom Inc., Cisco Systems, Deutsche Telekom, Huawei Technologies Co, Nokia Corporation, Qualcomm Technologies, Inc., Telefonaktiebolaget LM Ericsson, T-Systems International GmbH, Verizon Communications, ZTE Corporation, and Microsoft, Amazon, Google, Samsung, Vodafone Limited among others
The Private 5G Network market research report provides an in-depth overview of the industry including market segmentation by spectrum, frequency, component, frequency, vertical and geography. Analysis of the global market with special focus on high growth application in each vertical and fast-growing market segments. It includes detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and top players rankings. The Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long-term landscapes. Competitive intelligence from the company profiles, key player strategies, game-changing developments such as product launches and acquisitions.
The objective of this study is to identify the market opportunities and estimate market size by segments and countries for last few years and to forecast the values to the next five years. The report incorporates both the qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. The report also covers qualitative analysis on the market, by incorporating complete pricing and cost analysis of components & products, Porter’s analysis and PEST (Political, Economic, Social & Technological factor) analysis of the market. The report also profiles all major companies active in this field.
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Market Analysis and Insights: Private 5G Network Market Analysis & Insights
Private 5G Network Market Scope and Market Size
Private 5G Network market is segmented by spectrum, frequency, component, frequency, vertical and geography. Players, stakeholders, and other participants in the global Private 5G Network market will be able to gain a strong position as this report will surely benefit their marketing strategies. The market analysis focuses on revenue and forecast by region/countries and by application in terms of revenue and forecast for the period 2016-2027.
Report further studies the market development status and future and private 5G Network Market trend across the world. Also, it splits Private 5G Network market segmentation by spectrum, frequency, component, frequency, vertical and geography to deep dive research and reveals market profile and prospects.
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Major Classifications are as follows:
By Spectrum
- Unlicensed/Shared
- Licensed
By Component
- Hardware
- Radio Access Network
- Core Network
- Backhaul & Transport Interconnecting
- Services
- Installation & Integration
- Data Services
- Support & Maintenance
By Frequency Type
- Sub-6 GHz
- mmWave
By Industry Verticals
- Manufacturing
- Automotive
- Food & Beverages
- Electrical & Electronics
- Heavy Machinery
- Pharmaceuticals
- Clothing & Accessories
- Heavy Machinery
- Electrical & Electronics
- Others
- Aerospace & Defense
- Energy & Utilities
- Transportation & Logistics
- Government & Public Safety
- Healthcare
- Oil & Gas
- Mining
- Corporates/Enterprises
- Others
By Region
- North America
- Europe
- Middle East and Africa (MEA)
- Asia-Pacific (APAC)
Reason to purchase this report:
- Determine prospective investment areas based on a detailed trend analysis of the global Private 5G Network market over the next years.
- Gain an in-depth understanding of the underlying factors driving demand for different and Private 5G Network market segments in the top spending countries across the world and identify the opportunities offered by each of them.
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels that are driving the global Private 5G Network market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Private 5G Network market.
- Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Private 5G Network market providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.
Table of Contents:
- EXECUTIVE SUMMARY
- INTRODUCTION
- Key Takeaways
- Report Description
- Market Scope & Definition
- Stakeholders
- Research Methodology
- Market Size
- Key Data Points From Primary Sources
- Key Data Points From Secondary Sources
- List Of Primary Sources
- List Of Secondary Sources
- MARKET OVERVIEW
- Industry Segmentation
- Market Trends Analysis
- Major Funding & Investments
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Value Chain Analysis
- Porter’s Five Forces Analysis
- IMPACT OF COVID-19 ON PRIVATE 5G NETWORK MARKET
- Impact of Covid-19 On Market, By Spectrum
- Impact Of Covid-19 On Market, By Component
- Impact Of Covid-19 On Market, By Frequency
- Impact Of Covid-19 On Market, By Industry
- Impact of Covid-19 On Market, By Region
- PRIVATE 5G NETWORK MARKET, BY SPECTRUM
- Introduction
- Unlicensed/Shared
- Licensed
- PRIVATE 5G NETWORK MARKET, BY COMPONENT OUTLOOK
- Introduction
- Hardware
- Radio Access Network
- Core Network
- Backhaul & Transport Interconnecting
- Services
- Installation & Integration
- Data Services
- Support & Maintenance
- BY FREQUENCY
- Introduction
- Sub-6 GHz
- mmWave
- BY INDUSTRY VERTICALS
- Introduction
- Manufacturing
- Automotive
- Food & Beverages
- Electrical & Electronics
- Heavy Machinery
- Pharmaceuticals
- Clothing & Accessories
- Heavy Machinery
- Electrical & Electronics
- Others
- Aerospace & Defense
- Energy & Utilities
- Transportation & Logistics
- Government & Public Safety
- Healthcare
- Oil & Gas
- Mining
- BY GEOGRAPHY
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest Of Asia Pacific
- Rest of the World
- Middle East
- Africa
- North America
- COMPETITIVE ANALYSIS
- Introduction
- Top Companies Ranking
- Market Share Analysis
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- COMPANY PROFILES
- Altiostar
- AT&T Inc.
- Broadcom Inc.
- Cisco Systems
- Deutsche Telekom
- Huawei Technologies Co
- Nokia Corporation
- Qualcomm Technologies, Inc.
- Telefonaktiebolaget LM Ericsson
- T-Systems International GmbH
- Verizon Communications
- ZTE Corporation
- Microsoft
- Amazon
- Samsung
- Vodafone Limited