PUBLISHER: TechNavio | PRODUCT CODE: 1916068
PUBLISHER: TechNavio | PRODUCT CODE: 1916068
The global private 5G market is forecasted to grow by USD 10411.5 mn during 2024-2029, accelerating at a CAGR of 38.7% during the forecast period. The report on the global private 5G market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for enhanced connectivity for industry 4.0 and mission-critical applications, increased need for network control, security, and data sovereignty, favorable spectrum allocation policies and technology maturation.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 32.5% |
| CAGR | 38.7% |
| Incremental Value | $10411.5 mn |
Technavio's global private 5G market is segmented as below:
By Component
By Type
By Frequency Range
Geography
This study identifies the rise of network-as-a-service and managed service models as one of the prime reasons driving the global private 5G market growth during the next few years. Also, convergence of information technology, operational technology, and telecommunications ecosystems and integration of private 5G with wi-fi and proliferation of edge computing will lead to sizable demand in the market.
The report on the global private 5G market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global private 5G market vendors that include Airspan Networks Inc., AT and T Inc., Celona Inc., Ciena Corp., Cisco Systems Inc., CommScope Holding, Hewlett Packard, Huawei Technologies Co. Ltd., Juniper Networks Inc., Mavenir Systems Inc., Microsoft Corp., NEC Corp., Nokia Corp., Qualcomm Inc., Samsung Electronics Co. Ltd., Telefonaktiebolaget Ericsson, Verizon Communications Inc., ZTE Corp.. Also, the global private 5G market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.