PUBLISHER: Grand View Research | PRODUCT CODE: 1908219
PUBLISHER: Grand View Research | PRODUCT CODE: 1908219
The global private 5G network market size was estimated at USD 3.89 billion in 2025, and is projected to reach USD 150.66 billion by 2033, growing at a CAGR of 58.9% from 2026 to 2033. Private 5G networks offer businesses and governments dedicated, secure, and high-performance connectivity.
This enables them to connect to more devices, enhance automation, and deliver improved customer experiences. These benefits are driving the adoption of private 5G networks in various industries, including smart cities that rely on private 5G for applications such as traffic management and security, among others.
Cellular technology, in the form of private 5G networks, is being used by businesses, organizations, and local governments across various industries. These industries include manufacturing, utilities, transportation, logistics, retail, agriculture, and those involved in smart city initiatives. The benefits of private 5G networks, including ultra-fast speeds, enhanced security, cost efficiency, reliability, prioritized network access, and extended range, compared to Wi-Fi, are driving their adoption across various industries. Thus, various benefits provided by private 5G networks are contributing to the overall market's growth.
As an increasing number of devices and enterprises connect to the internet, enterprises may face issues with low coverage and security due to network bottlenecks. Private 5G networks address these issues by providing dedicated network connectivity, enhanced security, improved connectivity, and enhanced automation with lower latency. These benefits can help enterprises deliver an enhanced customer experience. Furthermore, private 5G networks support technologically advanced applications, including machine control systems, wireless UHD cameras, collaborative/cloud robots, and remote asset monitoring, which is driving the adoption of private 5G networks.
The rapidly growing smart cities in developed countries such as the U.S., Canada, Singapore, the UK, Germany, Italy, and France have spurred the deployment of IoT devices for several applications. These applications mainly include transportation, public safety & security, and energy management, among others. To provide unified and secured connectivity for these mission-critical applications, several telecom providers are launching innovative private 5G network solutions. The continuous innovation in the private 5G network market is creating significant growth opportunities for the market.
Despite the high growth potential, the deployment and implementation of a private 5G network is a tedious and highly expensive process. As the number of 5G users and network traffic increases in the near future, the need for standalone 5G infrastructure will become necessary. Building and maintaining a private 5G network can be expensive, requiring significant investment in infrastructure and equipment, which acts as a hindrance to market growth. However, key telecom operators are taking strategic initiatives and are investing in infrastructure and research & development, which is expected to diminish this market challenge.
Global Private 5G Network Market Report Segmentation
The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the private 5G network market report based on component, frequency, spectrum, enterprise size, vertical, and region.