39.1.1 By Component
39.1.4 Enterprise Size
39.1.5 By Application
39.1.6 End use
39.1.4 By Region
39.1.5 Cross Analysis of Component W.R.T. Application (USD Billion), 2024-2037
40) North America Private 5G Network Market Outlook
40.1.1 By Component
40.1.4 Enterprise Size
40.1.5 By Application
40.1.6 End use
40.1.7 By Country
40.1.8 Cross Analysis of Component W.R.T. Application (USD Billion), 2024-2037
41) Europe Private 5G Network Market Outlook
41.1.1 By Component
41.1.4 Enterprise Size
41.1.5 By Application
41.1.6 End use
41.1.7 By Country
41.1.8 Cross Analysis of Component W.R.T. Application (USD Billion), 2024-2037
42) Asia Pacific Private 5G Network Market Outlook
42.1.1 By Component
42.1.4 Enterprise Size
42.1.5 By Application
42.1.7 By Country
42.1.8 Cross Analysis of Component W.R.T. Application (USD Billion), 2024-2037
44) Latin America Private 5G Network Market Outlook
44.1.1 By Component
44.1.4 Enterprise Size
44.1.5 By Application
44.1.6 End use
44.1.7 By Country
44.1.8 Cross Analysis of Component W.R.T. Application (USD Billion), 2024-2037
45) Middle East & Africa Private 5G Network Market Outlook
45.1.1 By Component
45.1.4 Enterprise Size
45.1.5 By Application
45.1.6 End use
45.1.7 By Country
45.1.8 Cross Analysis of Component W.R.T. Application (USD Billion), 2024-2037
46 Global Economic Scenario
47 About Research Nester
Private 5G Network Market size was USD 2.6 billion in 2024 and is expected to reach USD 341.4 billion by the end of 2037, rising at a CAGR of 45.4% during the forecast period i.e. between 2025 and 2037. In 2025, the industry size of private 5g network is evaluated at USD 3.5 billion.
One of the key factors expected to fuel private 5g network market growth during the forecast period is the rising need for secure and reliable connectivity across several industries. Enterprises, especially in sectors such as healthcare, defense, IT, telecommunications, and finance require highly secure communication networks as many traditional wi-fi networks often lack the robustness and security services that private 5G networks provide. Private 5G networks operate in a dedicated spectrum and ensure minimal interference and higher reliability compared to shared networks or public 5G. According to the latest survey, the number of private 5G network deployments was over 4000 in 2022 and is expected to reach 60,000 by 2028. This has encouraged network providers to develop novel and advanced private 5G networks and solutions.
For instance, in September 2024, Ericsson announced the launch of its enterprise 5G portfolio with the launch of private 5G and neutral host solutions for several sectors. The portfolio includes 3 solutions, Ericsson Private 5G with industry and licensed spectrum support, an Ericsson Private 5G Compact for robust connectivity in low Wi-Fi environments, and Ericsson Enterprise 5G Coverage certified by all major U.S. carries with a simplified and scalable architecture compared to other networks.
Growth Drivers
Challenges
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
45.4% |
|
Base Year Market Size (2024) |
USD 2.6 billion |
|
Forecast Year Market Size (2037) |
USD 341.4 billion |
|
Regional Scope |
|
Deployment (On-premise, Cloud)
Based on deployment, the cloud segment in private 5G network market is expected to account for largest revenue share during the forecast period owing to the growing adoption of digital transformation, high preference for cloud-based products to enhance network performance, flexibility, and scalability, expanding applications of cloud 5G networks, and increasing investments in deploying cloud-based solutions in smart manufacturing, healthcare, logistics and warehousing, automobiles, media and entertainment. The cloud-based solutions are rapidly gaining traction owing to high demand for low-latency connectivity, scalability, and enhanced security. One of the recent developments in cloud solutions is HPE Aruba’s Cloud Native Private 5G network equipped with 4G/5G small cell radios launched in June 2024. Advancements like these are expected to fuel segment growth going ahead.
End use (Government & Public Sectors, Private Sectors)
The private sectors segment in private 5G network market is expected to register robust revenue growth between 2025 and 2037. This growth can be attributed to rising demand for secure and reliable connectivity across the manufacturing, healthcare, energy utilities, transportation, retail, telecommunications, and finance sectors for securing sensitive data, rising adoption of industrial IoT and automation in these industries, and rising need for operational efficiency.
Among the private sectors, the manufacturing industry is expected to contribute the highest to segment growth due to the increasing adoption of Industry 4.0 and smart manufacturing, rising usage of 5G private networks for mission-critical applications such as robotic arms, quality control systems, or autonomous guided vehicles. Moreover, it offers enhanced network reliability and security, defect detection, and flexibility and scalability in production in the manufacturing units.
Our in-depth analysis of the global private 5g network market includes the following segments:
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Component |
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Deployment |
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Frequency Band |
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Enterprise Size |
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Application |
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End use |
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North America Market
In North America, the private 5G network market is expected to account for a robust revenue share during the forecast period owing to rapid technological advancements in 5G networking, the presence of leading telecom operators, network equipment providers, and IT companies, and rising investments in developing advanced private 5G networks. In addition, government support and investments to promote the deployment of private 5G networks and increasing collaboration with telecom operators and tech providers are expected to fuel private 5g network market growth in this region going ahead.
In the U.S. the adoption of 5G networks has significantly increased over recent years. Sectors such as manufacturing, healthcare, and logistics are rapidly deploying private 5G for IoT integration, real-time data analytics, and automation. The Federal Communications Commission’s allocation of the Citizens Broadband Radio Service (CBRS) has enabled enterprises in the U.S. to deploy private 5G networks with enhanced flexibility. Through this initiative, the commission has already deployed private 5G network solutions across the country and the number is expected to increase during the forecast period.
The government in Canada has heavily invested in 5G research partnerships, ensuring private network expansion. Many companies are also expanding their presence in the country. For instance, in January 2024, Ericsson partnered with Telus to launch and deploy its 5G standalone network from coast to coast. Through this partnership, Ericsson’s 5G Core technologies will be delivered through a cloud-native Ericsson dual-mode 5G Core solution, enabling Telus to offer the most advanced services to its customers. The private 5g network market is also supported by the rising adoption of private 5G networks across mining, oil, and gas sectors and smart city projects in Canada.
Asia Pacific Market Statistics
The Asia Pacific private 5G network market is expected to register a rapid revenue CAGR throughout the forecast period owing to increasing investments in 5G network infrastructure, automation, and technology upgrades across several industries, presence of some industry giants, and high usage of private 5G networks in smart city projects and manufacturing plants. Countries such as China, Japan, India, and South Korea are leading with substantial expenditures on the 5G spectrum.
China is one of the global leaders in 5G deployment, with a strong focus on private network deployments. The local government is investing in infrastructure development and integrating private 5G in critical sectors such as mining, logistics, and energy. In addition, leading companies in China are focused on providing end-to-end solutions and investing in R&D activities to cater to the rising demand.
In India, the private 5g network market is expected to expand at a robust pace owing to high usage of private 5G networks in different industries for automation, predictive maintenance, and IoT integration. In addition, telecom companies in India like Reliance Jio and Airtel are partnering with enterprises to deploy private 5G networking solutions.
The global private 5G network market is rapidly expanding driven by industries seeking enhanced connectivity, low latency, and secure digital-transformation communication. The competitive landscape of the market consists of several leading and emerging telecom operators, network equipment providers, and IT companies offering customized solutions and services. The key players in the market are focused on innovation, strategic alliances such as mergers and acquisitions, partnerships, and joint ventures to expand market reach and gain a competitive edge. Here is a list of key players operating in the global private 5g network market:
Author Credits: Abhishek Verma
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