Private Wireless Networks Market 2023-2029 – Optimizing 5G Networks is Crucial for New Growth Opportunities by Forecast 2029

PRESS RELEASE
Published January 31, 2023

Private Wireless Networks Market Overview:

The global Private Wireless Networks Market is expected to grow at 18% CAGR from 2023 to 2029. It is expected to reach above USD 80 billion by 2029 from USD 18 billion in 2022.

Private Wireless Networks Market 2023 research report covers obvious information regarding the development rate, market estimates, drivers, limitations, future-based demand, and revenue during the forecast period. The report explores the current outlook in global and key regions from the outlook of players, countries, product types and end industries.

Additionally, technology industry the report provides insights into the regional analysis that refuges different regions, contributing to the growth of the market. The Global Private Wireless Networks Market consists of data collected from numerous primary and secondary sources. This information has been verified and validated by the industry analysts, thus provided that significant insights to the researchers, analysts, managers, and other industry professionals. This document further supports in understanding market trends, applications, specifications, and market.

A private or non-public 5G network is a dedicated Local Area Network (LAN) that delivers enhanced internet connectivity to industrial, enterprise, and other customers. The evolving next-generation network services are expected to address the need for critical wireless communication for industrial operations, public safety, and critical infrastructure connectivity. Moreover, the global market is primarily driven by the growing need for ultra-reliable low-latency connectivity for Industrial Internet of Things (IIoT) applications, including collaborative robots, industrial cameras, and industrial sensors.

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Who are the Top Players Private Wireless Networks Market?

Some of the major companies operating in the global Private Wireless Networks market is AT&T, Airtel, BT Group (EE), ChinaMobile, China Telecom, Deutsche Telekom, Qualcomm Technologies, Ericsson, Telstra, Nokia, Airspan, Affirmed Networks. and Others.

Recent Developments

  • For instance, in Feb 2020, Vodafone Ltd. made a partnership with Lufthansa Technik to establish a private 5G network campus at Hamburg Airport, Germany.
  • For instance, in February 2022, Qualcomm Technologies, Inc. collaborated with Microsoft Corporation to deliver the chip to cloud solutions for the effective implementation of a private 5G network globally.

Key Market Segments: Global Private Wireless Networks Market

Private Wireless Networks Market by Type, 2020-2029, (USD Million), (Thousand Units)

LTE Networks

5G Networks

Others

Private Wireless Networks Market by Application, 2020-2029, (USD Million), (Thousand Units)

Enterprise

Industrial

Government

Others

Private Wireless Networks Market Regional Insights

North America: The market in North America is expected to grow at a significant rate due to the high adoption of e-commerce and the increasing use of IoT and AI technologies. The U.S. and Canada are expected to be major contributors to the market growth.

Europe: The market in Europe is expected to grow at a significant rate due to the increasing adoption of e-commerce and the growing demand for contactless delivery options. The UK, Germany, and France are expected to be major contributors to the market growth.

Asia Pacific: The market in Asia Pacific is expected to grow at a significant rate due to the increasing adoption of e-commerce and the growing demand for Private Wireless Networks Market in countries such as China, Japan, and South Korea.

Latin America: The market in Latin America is expected to grow at a moderate rate due to the increasing adoption of e-commerce and the growing demand for Private Wireless Networks Market in countries such as Brazil and Mexico.

Middle East and Africa: The market in Middle East and Africa is expected to grow at a moderate rate due to the increasing adoption of e-commerce and the growing demand for Private Wireless Networks Market in countries such as Saudi Arabia, UAE, and South Africa.

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TABLE OF CONTENTS

Global Private Wireless Networks Market Research Report 2023 – 2029

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers and Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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