Private 5G Networks Market

A private 5G network is a cellular network that comprises core network servers and cell sites to support connectivity and maximize WAN connection to mobile end points. In addition, it provides features, such as network slicing, low latency, high bandwidth, and more. Moreover, a private 5G network provides industries with high-performing networks and helps in operations of several technologies, such as automated guided vehicles (AGVs), drones, sensor technology, heavy machinery automation, robotics, and others.
Private 5G Networks Market contains market size and forecasts of Private 5G Networks in Global, including the following market information:
Global Private 5G Networks Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global top five companies in 2022 (%)
The global Private 5G Networks market was valued at 229 million in 2022 and is projected to reach US$ 12600 million by 2030, at a CAGR of 77.3% during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Sub-6 GHz Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Private 5G Networks include Nokia, Ericsson, Huawei, Samsung, ZTE, China Mobile, China Unicom, Verizon and Deutsche Telekom, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Private 5G Networks companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Private 5G Networks Market, by Spectrum, 2018-2023, 2023-2030 ($ millions)
Global Private 5G Networks Market Segment Percentages, by Spectrum, 2022 (%)
Sub-6 GHz
mmWave
Global Private 5G Networks Market, by Application, 2018-2023, 2023-2030 ($ millions)
Global Private 5G Networks Market Segment Percentages, by Application, 2022 (%)
Manufacturing
Energy, Utilities and Mining
Transportation & Logistics
Education and Hospitality
Government & Public Safety
Corporates & Enterprises
Healthcare
Others
Global Private 5G Networks Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions)
Global Private 5G Networks Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Private 5G Networks revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Private 5G Networks revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nokia
Ericsson
Huawei
Samsung
ZTE
China Mobile
China Unicom
Verizon
Deutsche Telekom
Vodafone
Qualcomm
NEC
Fujitsu
NTT
Advantech
Amazon Web Services (AWS)
Cisco
HPE
AT&T