Private 5G Market Report: Trends, Forecast and Competitive Analysis to 2030

Private 5G Trends and Forecast

The future of the global private 5G market looks promising with opportunities in the BFSI, manufacturing, energy & utilities, retail & e-commerce, healthcare, transportation & logistics, aerospace & defense, media & entertainment, and IT & telecommunication sectors. The global private 5G market is expected to reach an estimated $10.4 billion by 2030 with a CAGR of 23.6% from 2024 to 2030. The major drivers for this market are rising adoption of cloud computing and IoT based technology, growing preference for remote monitoring and survelliance, and increasing need for security and privacy in enterprise networks.

A more than 150-page report is developed to help in your business decisions.

Private 5G by Segment

The study includes a forecast for the global private 5G by component, spectrum, deployment type, end use industry, and region.

Private 5G Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Hardware
• Software
• Services

Private 5G Market by Spectrum [Shipment Analysis by Value from 2018 to 2030]:

• Licensed
• Unlicensed/Shared

Private 5G Market by Deployment Type [Shipment Analysis by Value from 2018 to 2030]:

• On-Premise
• Cloud

Private 5G Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• BFSI
• Manufacturing
• Energy & Utilities
• Retail & E-commerce
• Healthcare
• Transportation & Logistics
• Aerospace & Defense
• Media & Entertainment
• IT & Telecommunication
• Others

Private 5G Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Private 5G Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies private 5G companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the private 5G companies profiled in this report include-

• Affirmed Networks
• Airspan Networks
• At&T
• Celona
• Ciena
• Cisco Systems
• Comba Telecom Systems Holdings
• Commscope
• Dell
• Deutsche Telekom

Private 5G Market Insights

Lucintel forecasts that software is expected to witness highest growth over the forecast period due to it's ability to swiftly adjust to new conditions and requirements.

APAC is expected to witness highest growth over the forecast period due to existence of major manufacturing units, continuous expansion of smart cities, and presence of key players in the region.

Features of the Global Private 5G Market

Market Size Estimates: Private 5G market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Private 5G market size by various segments, such as by component, spectrum, deployment type, end use industry, and region in terms of value ($B).

Regional Analysis: Private 5G market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different components, spectrums, deployment types, end use industries, and regions for the private 5G market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the private 5G market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the private 5G market size?

Answer: The global private 5G market is expected to reach an estimated $10.4 billion by 2030.

Q2. What is the growth forecast for private 5G market?

Answer: The global private 5G market is expected to grow with a CAGR of 23.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the private 5G market?

Answer: The major drivers for this market are rising adoption of cloud computing and IoT based technology, growing preference for remote monitoring and survelliance, and increasing need for security and privacy in enterprise networks.

Q4. What are the major segments for private 5G market?

Answer: The future of the private 5G market looks promising with opportunities in the BFSI, manufacturing, energy & utilities, retail & e-commerce, healthcare, transportation & logistics, aerospace & defense, media & entertainment, and IT & telecommunication sectors.

Q5. Who are the key private 5G market companies?

Answer: Some of the key private 5G companies are as follows:

• Affirmed Networks
• Airspan Networks
• At&T
• Celona
• Ciena
• Cisco Systems
• Comba Telecom Systems Holdings
• Commscope
• Dell
• Deutsche Telekom

Q6. Which private 5G market segment will be the largest in future?

Answer: Lucintel forecasts that software is expected to witness highest growth over the forecast period due to it's ability to swiftly adjust to new conditions and requirements.

Q7. In private 5G market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to existence of major manufacturing units, continuous expansion of smart cities, and presence of key players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the private 5G market by component (hardware, software, and services), spectrum (licensed and unlicensed/shared), deployment type (on-premise and cloud), end use industry (BFSI, manufacturing, energy & utilities, retail & e-commerce, healthcare, transportation & logistics, aerospace & defense, media & entertainment, IT & telecommunication, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?