North America 5G Enterprise Private Network Market Size, Share & Trends Analysis Report By Frequency Band, By Organization Size, By Component, By Industry Vertical, By Country and Growth Forecast, 2024

List of Tables

The North America 5G Enterprise Private Network Market would witness market growth of 48.2% CAGR during the forecast period (2024-2031).

The US market dominated the North America 5G Enterprise Private Network Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $11,360.5 million by 2031. The Canada market is expected to witness a CAGR of 51.2% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 50.1% during (2024 - 2031).

A 5G enterprise private network is a dedicated, standalone wireless communication network that an organization builds and manages for its exclusive use, leveraging 5G technology. Unlike public 5G networks operated by telecom carriers, private networks give businesses greater control over their data traffic, network performance, and security. These networks use specific spectrum allocations, often licensed by governments, to ensure they are not shared with other users, allowing for optimized performance tailored to an organization's specific needs.

The 5G enterprise private network market is rapidly evolving as businesses increasingly seek to leverage the capabilities of fifth-generation (5G) wireless technology to enhance their operations. As manufacturing, healthcare, transportation, and logistics industries move towards digital transformation and automation, the demand for robust, secure, and high-performance private 5G networks is expected to grow significantly.

Canada is also witnessing significant growth in adopting 5G enterprise private networks, particularly within the financial sector. As more than 80% of top financial institutions in Canada have embraced cloud technologies as part of their digital transformation strategies, 5G has become crucial in supporting these initiatives. The Canadian Bankers Association highlights that financial institutions increasingly rely on advanced connectivity solutions to improve customer experiences and streamline operations. With total assets in the Canadian financial sector valued at over CAD 276 billion, as reported by the Bank of Canada, the need for secure, high-performance networks has become paramount. Private 5G networks are being used to ensure compliance with regulatory frameworks while optimizing cloud-based processes, thus enhancing overall operational efficiency. Thus, the region will present lucrative growth opportunities for the market throughout the forecast period.

Based on Frequency Band, the market is segmented into Sub-6 GHz and mmWave. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Industry Vertical, the market is segmented into Manufacturing, BFSI, Energy & Utilities, Retail, Government, Public Safety, Office Building, and Other Industry Vertical. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Nokia Corporation
Vodafone Group Plc
Cisco Systems, Inc.
Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
Samsung Electronics Co., Ltd. (Samsung Group)
Verizon Communications, Inc.
Ericsson AB
ZTE Corporation
Hewlett Packard Enterprise Company
Qualcomm Incorporated (Qualcomm Technologies, Inc.)

North America 5G Enterprise Private Network Market Report Segmentation

By Frequency Band

Sub-6 GHz
mmWave

By Organization Size

Large Enterprises
Small & Medium-sized Enterprises

By Component

Hardware
Software
Services

By Industry Vertical

Manufacturing
BFSI
Energy & Utilities
Retail
Government
Public Safety
Office Building
Other Industry Vertical

By Country

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America 5G Enterprise Private Network Market, by Frequency Band
- 1.4.2 North America 5G Enterprise Private Network Market, by Organization Size
- 1.4.3 North America 5G Enterprise Private Network Market, by Component
- 1.4.4 North America 5G Enterprise Private Network Market, by Industry Vertical
- 1.4.5 North America 5G Enterprise Private Network Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2020, Oct - 2024, Jun) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. North America 5G Enterprise Private Network Market by Frequency Band

5.1 North America Sub-6 GHz Market by Region
5.2 North America mmWave Market by Region

Chapter 6. North America 5G Enterprise Private Network Market by Organization Size

6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium-sized Enterprises Market by Country

Chapter 7. North America 5G Enterprise Private Network Market by Component

7.1 North America Hardware Market by Country
7.2 North America Software Market by Country
7.3 North America Services Market by Country

Chapter 8. North America 5G Enterprise Private Network Market by Industry Vertical

8.1 North America Manufacturing Market by Country
8.2 North America BFSI Market by Country
8.3 North America Energy & Utilities Market by Country
8.4 North America Retail Market by Country
8.5 North America Government Market by Country
8.6 North America Public Safety Market by Country
8.7 North America Office Building Market by Country
8.8 North America Other Industry Vertical Market by Country

Chapter 9. North America 5G Enterprise Private Network Market by Country

9.1 US 5G Enterprise Private Network Market
- 9.1.1 US 5G Enterprise Private Network Market by Frequency Band
- 9.1.2 US 5G Enterprise Private Network Market by Organization Size
- 9.1.3 US 5G Enterprise Private Network Market by Component
- 9.1.4 US 5G Enterprise Private Network Market by Industry Vertical
9.2 Canada 5G Enterprise Private Network Market
- 9.2.1 Canada 5G Enterprise Private Network Market by Frequency Band
- 9.2.2 Canada 5G Enterprise Private Network Market by Organization Size
- 9.2.3 Canada 5G Enterprise Private Network Market by Component
- 9.2.4 Canada 5G Enterprise Private Network Market by Industry Vertical
9.3 Mexico 5G Enterprise Private Network Market
- 9.3.1 Mexico 5G Enterprise Private Network Market by Frequency Band
- 9.3.2 Mexico 5G Enterprise Private Network Market by Organization Size
- 9.3.3 Mexico 5G Enterprise Private Network Market by Component
- 9.3.4 Mexico 5G Enterprise Private Network Market by Industry Vertical
9.4 Rest of North America 5G Enterprise Private Network Market
- 9.4.1 Rest of North America 5G Enterprise Private Network Market by Frequency Band
- 9.4.2 Rest of North America 5G Enterprise Private Network Market by Organization Size
- 9.4.3 Rest of North America 5G Enterprise Private Network Market by Component
- 9.4.4 Rest of North America 5G Enterprise Private Network Market by Industry Vertical

Chapter 10. Company Profiles

10.1 Nokia Corporation
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
  - 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.6 SWOT Analysis
10.2 Vodafone Group Plc
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental Analysis
- 10.2.4 Recent strategies and developments:
  - 10.2.4.1 Product Launches and Product Expansions:
10.3 Cisco Systems, Inc.
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 Recent strategies and developments:
  - 10.3.5.1 Partnerships, Collaborations, and Agreements:
  - 10.3.5.2 Product Launches and Product Expansions:
- 10.3.6 SWOT Analysis
10.4 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expenses
- 10.4.5 Recent strategies and developments:
  - 10.4.5.1 Product Launches and Product Expansions:
- 10.4.6 SWOT Analysis
10.5 Samsung Electronics Co., Ltd. (Samsung Group)
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expenses
- 10.5.5 Recent strategies and developments:
  - 10.5.5.1 Partnerships, Collaborations, and Agreements:
  - 10.5.5.2 Product Launches and Product Expansions:
- 10.5.6 SWOT Analysis
10.6 Verizon Communications, Inc.
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental Analysis
- 10.6.4 Recent strategies and developments:
  - 10.6.4.1 Product Launches and Product Expansions:
- 10.6.5 SWOT Analysis
10.7 Ericsson AB
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expense
- 10.7.5 Recent strategies and developments:
  - 10.7.5.1 Partnerships, Collaborations, and Agreements:
  - 10.7.5.2 Product Launches and Product Expansions:
- 10.7.6 SWOT Analysis
10.8 ZTE Corporation
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expenses
- 10.8.5 Recent strategies and developments:
  - 10.8.5.1 Product Launches and Product Expansions:
- 10.8.6 SWOT Analysis
10.9 Hewlett Packard Enterprise Company
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Segmental and Regional Analysis
- 10.9.4 Research & Development Expense
- 10.9.5 Recent strategies and developments:
  - 10.9.5.1 Partnerships, Collaborations, and Agreements:
  - 10.9.5.2 Product Launches and Product Expansions:
  - 10.9.5.3 Acquisition and Mergers:
- 10.9.6 SWOT Analysis
10.10. Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental and Regional Analysis
- 10.10.4 Research & Development Expense
- 10.10.5 Recent strategies and developments:
  - 10.10.5.1 Partnerships, Collaborations, and Agreements:
  - 10.10.5.2 Product Launches and Product Expansions:
- 10.10.6 SWOT Analysis

LIST OF TABLES

TABLE 1 North America 5G Enterprise Private Network Market, 2020 - 2023, USD Million
TABLE 2 North America 5G Enterprise Private Network Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements- 5G Enterprise Private Network Market
TABLE 4 Product Launches And Product Expansions- 5G Enterprise Private Network Market
TABLE 5 Acquisition and Mergers- 5G Enterprise Private Network Market
TABLE 6 North America 5G Enterprise Private Network Market by Frequency Band, 2020 - 2023, USD Million
TABLE 7 North America 5G Enterprise Private Network Market by Frequency Band, 2024 - 2031, USD Million
TABLE 8 North America Sub-6 GHz Market by Region, 2020 - 2023, USD Million
TABLE 9 North America Sub-6 GHz Market by Region, 2024 - 2031, USD Million
TABLE 10 North America mmWave Market by Region, 2020 - 2023, USD Million
TABLE 11 North America mmWave Market by Region, 2024 - 2031, USD Million
TABLE 12 North America 5G Enterprise Private Network Market by Organization Size, 2020 - 2023, USD Million
TABLE 13 North America 5G Enterprise Private Network Market by Organization Size, 2024 - 2031, USD Million
TABLE 14 North America Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Small & Medium-sized Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 17 North America Small & Medium-sized Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 18 North America 5G Enterprise Private Network Market by Component, 2020 - 2023, USD Million
TABLE 19 North America 5G Enterprise Private Network Market by Component, 2024 - 2031, USD Million
TABLE 20 North America Hardware Market by Country, 2020 - 2023, USD Million
TABLE 21 North America Hardware Market by Country, 2024 - 2031, USD Million
TABLE 22 North America Software Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Software Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Services Market by Country, 2020 - 2023, USD Million
TABLE 25 North America Services Market by Country, 2024 - 2031, USD Million
TABLE 26 North America 5G Enterprise Private Network Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 27 North America 5G Enterprise Private Network Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 28 North America Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 30 North America BFSI Market by Country, 2020 - 2023, USD Million
TABLE 31 North America BFSI Market by Country, 2024 - 2031, USD Million
TABLE 32 North America Energy & Utilities Market by Country, 2020 - 2023, USD Million
TABLE 33 North America Energy & Utilities Market by Country, 2024 - 2031, USD Million
TABLE 34 North America Retail Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Retail Market by Country, 2024 - 2031, USD Million
TABLE 36 North America Government Market by Country, 2020 - 2023, USD Million
TABLE 37 North America Government Market by Country, 2024 - 2031, USD Million
TABLE 38 North America Public Safety Market by Country, 2020 - 2023, USD Million
TABLE 39 North America Public Safety Market by Country, 2024 - 2031, USD Million
TABLE 40 North America Office Building Market by Country, 2020 - 2023, USD Million
TABLE 41 North America Office Building Market by Country, 2024 - 2031, USD Million
TABLE 42 North America Other Industry Vertical Market by Country, 2020 - 2023, USD Million
TABLE 43 North America Other Industry Vertical Market by Country, 2024 - 2031, USD Million
TABLE 44 North America 5G Enterprise Private Network Market by Country, 2020 - 2023, USD Million
TABLE 45 North America 5G Enterprise Private Network Market by Country, 2024 - 2031, USD Million
TABLE 46 US 5G Enterprise Private Network Market, 2020 - 2023, USD Million
TABLE 47 US 5G Enterprise Private Network Market, 2024 - 2031, USD Million
TABLE 48 US 5G Enterprise Private Network Market by Frequency Band, 2020 - 2023, USD Million
TABLE 49 US 5G Enterprise Private Network Market by Frequency Band, 2024 - 2031, USD Million
TABLE 50 US 5G Enterprise Private Network Market by Organization Size, 2020 - 2023, USD Million
TABLE 51 US 5G Enterprise Private Network Market by Organization Size, 2024 - 2031, USD Million
TABLE 52 US 5G Enterprise Private Network Market by Component, 2020 - 2023, USD Million
TABLE 53 US 5G Enterprise Private Network Market by Component, 2024 - 2031, USD Million
TABLE 54 US 5G Enterprise Private Network Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 55 US 5G Enterprise Private Network Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 56 Canada 5G Enterprise Private Network Market, 2020 - 2023, USD Million
TABLE 57 Canada 5G Enterprise Private Network Market, 2024 - 2031, USD Million
TABLE 58 Canada 5G Enterprise Private Network Market by Frequency Band, 2020 - 2023, USD Million
TABLE 59 Canada 5G Enterprise Private Network Market by Frequency Band, 2024 - 2031, USD Million
TABLE 60 Canada 5G Enterprise Private Network Market by Organization Size, 2020 - 2023, USD Million
TABLE 61 Canada 5G Enterprise Private Network Market by Organization Size, 2024 - 2031, USD Million
TABLE 62 Canada 5G Enterprise Private Network Market by Component, 2020 - 2023, USD Million
TABLE 63 Canada 5G Enterprise Private Network Market by Component, 2024 - 2031, USD Million
TABLE 64 Canada 5G Enterprise Private Network Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 65 Canada 5G Enterprise Private Network Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 66 Mexico 5G Enterprise Private Network Market, 2020 - 2023, USD Million
TABLE 67 Mexico 5G Enterprise Private Network Market, 2024 - 2031, USD Million
TABLE 68 Mexico 5G Enterprise Private Network Market by Frequency Band, 2020 - 2023, USD Million
TABLE 69 Mexico 5G Enterprise Private Network Market by Frequency Band, 2024 - 2031, USD Million
TABLE 70 Mexico 5G Enterprise Private Network Market by Organization Size, 2020 - 2023, USD Million
TABLE 71 Mexico 5G Enterprise Private Network Market by Organization Size, 2024 - 2031, USD Million
TABLE 72 Mexico 5G Enterprise Private Network Market by Component, 2020 - 2023, USD Million
TABLE 73 Mexico 5G Enterprise Private Network Market by Component, 2024 - 2031, USD Million
TABLE 74 Mexico 5G Enterprise Private Network Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 75 Mexico 5G Enterprise Private Network Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 76 Rest of North America 5G Enterprise Private Network Market, 2020 - 2023, USD Million
TABLE 77 Rest of North America 5G Enterprise Private Network Market, 2024 - 2031, USD Million
TABLE 78 Rest of North America 5G Enterprise Private Network Market by Frequency Band, 2020 - 2023, USD Million
TABLE 79 Rest of North America 5G Enterprise Private Network Market by Frequency Band, 2024 - 2031, USD Million
TABLE 80 Rest of North America 5G Enterprise Private Network Market by Organization Size, 2020 - 2023, USD Million
TABLE 81 Rest of North America 5G Enterprise Private Network Market by Organization Size, 2024 - 2031, USD Million
TABLE 82 Rest of North America 5G Enterprise Private Network Market by Component, 2020 - 2023, USD Million
TABLE 83 Rest of North America 5G Enterprise Private Network Market by Component, 2024 - 2031, USD Million
TABLE 84 Rest of North America 5G Enterprise Private Network Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 85 Rest of North America 5G Enterprise Private Network Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 86 Key Information - Nokia Corporation
TABLE 87 Key information - Vodafone Group Plc
TABLE 88 Key Information - Cisco Systems, Inc.
TABLE 89 Key Information - Huawei Technologies Co., Ltd.
TABLE 90 Key Information - Samsung Electronics Co., Ltd.
TABLE 91 key information - Verizon Communications, Inc.
TABLE 92 key information - Ericsson AB
TABLE 93 Key Information - ZTE Corporation
TABLE 94 Key Information - Hewlett Packard Enterprise Company
TABLE 95 Key Information - Qualcomm Incorporated

North America 5G Enterprise Private Network Market Size, Share & Trends Analysis Report By Frequency Band, By Organization Size, By Component, By Industry Vertical, By Country and Growth Forecast, 2024 - 2031

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