Private LTE and 5G: Sprouting and Ready to Rise
Feb 9, 2021
CAMPBELL, Calif., Feb. 9, 2021 /PRNewswire/ -- A new report outlining the future of Private LTE and 5G hit the virtual shelves today from industry specialists, Mobile Experts.
COVID-19 brought uncertainty to most industries last year, and Private LTE/5G was no exception. But the COVID lockdown also clarified the need for automation, Augmented Reality, and other technology tools in the workplace. The benefits of Private LTE/5G networks became clear during the events of last year and clarified the future of the growing market.
Mobile Experts
"Despite COVID, the private LTE/5G infrastructure and device market grew over 7% last year," commented Principal Analyst, Kyung Mun. "Mobile Experts has observed active engagements from key suppliers of private LTE/5G solutions. Private spectrum is now available to unleash companies to use private networks. Mobile network operators and cloud players are bringing pre-packaged and custom Core/RAN/Transport solutions for varying needs across different industries. Virtualization is encouraging new players to enter the market and innovate—all that to say, we are seeing the momentum building and we expect this market to begin a strong and lengthy growth phase."
This report breaks down the Private Wireless market into vertical market segments, analyzing each segment independently and thoroughly. In particular, Mobile Experts has investigated six areas in depth:
- Oil & Gas
- Utilities
- Manufacturing
- Transportation
- Government/Public Sector
- Mining
In each vertical market, Mobile Experts probed the operators, suppliers, and enterprise customers to understand the future Private Wireless business models. This report provides a clear forecast for Enterprise-direct, Hybrid, and Private Wireless-as-a-Service business models, using various network solutions ranging from 5G network slices to on-premises radio hardware and cloud-based Core network solutions.
"We forecast that private LTE/5G infrastructure and devices will take a growing share of the overall private wireless market, growing from 11% in 2020 to 25% in 2026. The total private LTE/5G market opportunity, including services, is $45 billion-plus over the next six years, and growing at a healthy CAGR," commented Principal Analyst Kyung Mun.
For more about this report, click here.
About Mobile Experts Inc.:
Mobile Experts provides insightful market analysis for the mobile infrastructure and mobile handset markets. Our analysts are true Experts, who remain focused on topics where each analyst has 20 years of experience or more. Research topics center on technology introduction for radio frequency (RF) and communications innovation. Recent publications focus on Private LTE/5G, URLLC, In-Building Wireless, Edge Computing, ORAN, Fixed Wireless Access, RRH Semiconductors, RFFE, Small Cells, 5G mm-wave, Macro Base Stations, 5G Business case, Cellular IoT, CBRS Infrastructure and Devices, Big Picture IoT, and more.
CONTACT:
Rachel Winningham
Mobile Experts Inc.
[email protected]
More News
Covid-19 deepened gender gaps in PH, research shows
MANILA, Philippines — Research showed that the Covid-19 pandemic deepened existing gender inequalities in the Philippines, placing women under disproportionate strain as frontline health workers, income earners and unpaid caregivers, while disruptions to health services put maternal and reproductive health needs at risk. “The Covid-19 pandemic exposed and deepened gender-related inequalities in Philippine society, particularly
BSKE reset, 5-year term bill transmitted to Palace -- Win Gatchalian
The proposed measure seeking to postpone the Barangay and Sangguniang Kabataan Elections (BSKE) and allow five-year terms for barangay officials has been transmitted to Malacañang, Senate President Sherwin Gatchalian said Thursday.
Carlos Yulo completes golden collection as PH breaks through in Asian Games
Carlos Yulo reigns supreme in the Asian Games for the first time in his career and delivers the Philippines' first gold medal in the men's floor exercise
Cyclone east of N. Luzon enters PAR; now called Queenie – Pagasa
MANILA, Philippines — The tropical storm being monitored east of Northern Luzon has entered the Philippine area of responsibility (PAR), the state weather bureau reported on Thursday. In its 8 a.m. update, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said the tropical storm entered the PAR around 7 a.m. this Thursday. From the
Army’s 6th ID condemns killing of 2 soldiers in Maguindanao del Norte
COTABATO CITY – The Army’s 6th Infantry (Kampilan) Division (6ID) strongly condemned Thursday the killing of two soldiers in a shooting along the national highway in Barangay Ladia, Sultan Kudarat, Maguindanao del Norte, on Wednesday evening. Brig. Gen. Ricky Bunayog, acting commander of the 6ID and Joint Task Force Central (JTFC), described the attack as an
Opportunities abound as Philippines to become aged society by 2028 -- CPD
The Philippines will be classified as an “aged society” by 2028, which will be accompanied by more potential opportunities for the country's development, the Commission on Population and Development (CPD) said Thursday.
Kayla Sanchez denied Asian Games medal anew, takes 4th in 50m freestyle
Kayla Sanchez falls short of ending the Philippines’ 28-year wait for an Asian Games swimming medal, finishing fourth in the women’s 50m freestyle final
Students dread losing edge after slog as Vietnam mulls over scrapping IELTS bonus points for university entry
Students who spent several years preparing for IELTS now fear losing a university admission advantage after the Ministry of Education recently proposed scrapping bonus points for language certificates from next year.
CICC lifts Discord ban, asks NTC to restore access
CICC Executive Director Renato Paraiso confirms the lifting of the ban against Discord after direct talks with Discord management on steps to enchance cooperation between the two parties
After 14 years in Thailand, Singapore dad says his kids have a better life
A Singaporean father who has lived in Thailand since 2012 says he has no plans to move back, arguing that his children enjoy a life there that Singapore could not give them.
Panelo: Excluding absent senators from impeachment vote violates Constitution
The camp of Vice President Sara Duterte said Thursday the Senate impeachment court violated the Constitution when it voted to base the two-thirds vote to convict on the number of senators who are capable of "legally and factually participating in the impeachment proceedings."
Singapore casino accepts 28 fake S$10,000 notes before Indonesian man is stopped
An Indonesian businessman is under investigation in Singapore after allegedly exchanging 28 counterfeit S$10,000 notes at the Resorts World Sentosa (RWS) casino and returning with six more.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.