Uploaded on Oct 21, 2020
The global private 5G network market size is expected to reach USD 8.32 billion by 2027 according to a new study by Polaris Market Research. The report “Private 5G Network Market Share, Size, Trends, Industry Analysis Report, By Component Outlook (Hardware, Services); By Frequency (Sub-6 GHZ, mmWave); By Spectrum (Licensed, Unlicensed/Shared); By Vertical (Manufacturing, Energy & Utilities, Transportation & Logistics, Aerospace & Defense, Government & Public Safety, Enterprises, Mining, Healthcare, Oil & Gas, Others); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Private 5G Network Market Size Worth $8.32 Billion By 2027 | CAGR: 36.8% |
Private 5G Network Market Set to Exceed $8.32 Billion by 2026 | CAGR 36.8% Private 5G Network Market Share, Size, Trends, Industry Analysis Report, By Component Outlook (Hardware, Services); By Frequency (Sub-6 GHZ, mmWave); By Spectrum (Licensed, Unlicensed/Shared); By Vertical (Manufacturing, Energy & Utilities, Transportation & Logistics, Aerospace & Defense, Government & Public Safety, Corporates/Enterprises, Mining, Healthcare, Oil & Gas, Others); By Regions - Segment Forecast, 2020 - 2027 Private 5G Network Market Size Worth $8.32 Billion By 2027 | CAGR: 36.8% The global private 5G network market size is expected to reach USD 8.32 billion by 2027 according to a new study by Polaris Market Research. The report “Private 5G Network Market Share, Size, Trends, Industry Analysis Report, By Component Outlook (Hardware, Services); By Frequency (Sub-6 GHZ, mmWave); By Spectrum (Licensed, Unlicensed/Shared); By Vertical (Manufacturing, Energy & Utilities, Transportation & Logistics, Aerospace & Defense, Government & Public Safety, Enterprises, Mining, Healthcare, Oil & Gas, Others); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth. A private 5G network is a cellular network which comprises of core network servers and cell sites to support the connectivity. Also, maximizes WAN connection to mobile end points. In addition, this network provides features such as network slicing, far lower latency, superior bandwidth, among others. Moreover, a private 5G network provides industries with high- performing networks and helps in operations of several technologies such as automated guided vehicles (AGVs), drones, sensor technology, heavy machinery automation, robotics, and others. To address wireless communication requirements in operations of industries, public safety and others is leading to rise in demand of private 5G networks. Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 2 Private 5G Network Market By Component By Frequency By Spectrum By Vertical By Region Hardware Sub-6 GHz Licensed Manufacturing North America (U.S., Canada) Radio Access Network mmWave Unlicensed/Shared Energy & Utilities Europe (France, Germany, UK, Core Network Transportation & Logistics Italy, Spain, Netherlands, Backhaul & Transport Aerospace & Defense Austria) Interconnecting Government & Public Safety Asia Pacific (Japan, China, Services Enterprises India, Malaysia, Indonesia. Installation & Integration Mining South Korea) Data Services Healthcare Latin America (Brazil, Mexico, Support & Maintenance Oil & Gas Argentina) Others MEA (Saudi Arabia, UAE, Israel, South Africa) Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 3 Private 5G Network Market Estimate & Forecast to 2026 Factors such as demand & applications for real-time based networking and Time-sensitive Networking (TSN) has tremendously increased among several industry vertical such as oil & gas, manufacturing, aerospace, and transportation. Thus, due to this increased application & technological development are fueling the demand for private 5G network and is expected to witness significant growth during the forecast period. Players in the market are focusing on developing new products and partnering with industrial manufacturers to establish a private 5G network-based devices on a private 5G network within the geographic footprint. For instance, in July 2020, Nokia has launched a commercial 5G standalone private wireless networking solution for businesses in the marketplace that would accelerate digitalization in different sectors. Access Research Report On Private 5G Network Market Size Market participants such as Altiostar, AT&T Inc., Broadcom Inc., Cisco Systems, Deutsche Telekom, Huawei Technologies Co, Nokia Corporation, Qualcomm Technologies, Inc., Samsung, Telefonaktiebolaget LM Ericsson, T-Systems International GmbH, Verizon Communications, Vodafone Limited, and ZTE Corporation are some of the key players operating in the global market. Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 4 Private 5G Network Market Request for Sample Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 5 Private 5G Network Market Study – Engagement Options Buy Now – Click Here! Buy now & have immediate access to premium insights Purchase Report Sections – Click Here! Regional analysis Segmentation analysis Industry outlook Competitive landscape Speak To Analyst – Click Here! Get your doubts clear Schedule a call with our analyst before making any decision Request For Sample Pages – Click Here! Get free sample pages Understand report structure Unmask data for validation Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 6 About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to e present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Web: www.polarismarketresearch.com Official Blog: https://cmfe-market-research-report.blogspot.com/ Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 7 Thank You! Contact Us : Polaris Market Research 30 Wall Street 8th Floor, New York City, NY 10005, United States E mail Id: [email protected] Phone: +1-646-568-9980
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