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Private 5G Network Market Size, Share & Trends Analysis Report by Component (Hardware, Software, Services), by Frequency (Sub-6 GHz, mmWave), by Spectrum, by Vertical, by Region, and Segment Forecasts, 2022-2030

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    Report

  • 170 Pages
  • April 2022
  • Region: Global
  • Grand View Research
  • ID: 5318371
The global private 5G network market size is expected to reach USD 36.08 billion by 2030. It is expected to expand at a CAGR of 47.5% from 2022 to 2030. Significantly growing demand for ultra-reliable low-latency connectivity with an extremely secure network across several mission-critical applications, such as public safety, is expected to boost the deployment of private 5G networks during the forecast period. Moreover, a wide range of industries, including manufacturing, oil and gas, mining, and energy and utility, are investing a massive amount in deploying private 5G telecom services to enhance their overall productivity and operational efficiency. As a result, it is expected to foster market growth from 2022 to 2030.



The private 5G network is expected to completely transform the transportation and logistics industry by providing seamless Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) connectivity. As such, the need to ensure a secure, seamless, and uninterrupted connectivity with ports, vessels, and ships is estimated to drive the market. At the same time, the continued deployment of private 5G infrastructure is estimated to improve the operational efficiencies in several Industrial IoT (IIoT) use cases. The IIoT use cases include Automated Guided Vehicles (AGV), wireless UHD cameras, machine control systems, collaborative/cloud robots, and remote asset monitoring. Thus, the rising need for higher and secure bandwidth to ensure reliable and unified communication between IIoT devices is expected to propel the market growth over the forecast period.

Key market players are strategically building partnerships with industry giants to set up a private 5G network to provide high-speed secure connectivity to their customers. For instance, in Feb 2020, Nokia Corporation deployed a private 5G network infrastructure for Lufthansa Technik for virtual inspection of engine parts remotely for its civil aviation clients. Moreover, the rising demand for enhanced bandwidth connectivity for secured enterprise applications is anticipated to fuel the adoption of private 5G services globally.

Due to the ongoing Covid-19 pandemic, several key countries such as the U.S., France, the U.K., and Australia have temporarily postponed the 5G spectrum auctions. The pandemic has also hampered the production and supply of major telecom equipment needed to deploy the network infrastructure. As a result, it is anticipated to witness market growth over the forecast period.

Private 5G Network Market Report Highlights

  • The hardware component segment led the global market with a revenue share of over 55.0% in 2021 and will retain its lead throughout the forecast period. This growth is credited to the increasing deployment of private 5G service, RAN, and backhaul and transport equipment for various mission-critical applications.
  • With the growing need to provide unified connectivity with low latency to several industrial sensors, the manufacturing/factories vertical segment is anticipated to witness significant growth over the forecast period.
  • The sub-6 GHz frequency segment is expected to acquire the largest revenue share by 2030 due to the massive allocation of sub-6 GHz frequencies by communication service providers to deliver network services.
  • With a rising need to avail affordable and highly secure band of the frequency spectrum for Massive Machine Type Communication (mMTC), the unlicensed/shared spectrum segment is anticipated to account for a significant revenue share by 2030.
  • Prominent players are strategically focusing on establishing partnerships to deploy the network in customers’ premises to deliver secure and enhanced wireless connectivity.


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Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope and Assumptions
1.3. List of Data Sources
1.4. List of Abbreviations
Chapter 2. Executive Summary
2.1. Market Insights
2.2. Market Snapshot
2.3. Segmental Insights
2.4. Private 5G Network Market Revenue Estimates, 2020-2030
Chapter 3. Market Variables, Trends, & Scope Outlook
3.1. Market Segmentation
3.2. Private 5G Network Penetration & Growth Prospects Mapping
3.3. Private 5G Network Market-Value Chain Analysis
3.4. Private 5G Network Market Dynamics
3.4.1. Market Driver Analysis
3.4.1.1. Rising implementation of highly secured 5G network infrastructure across several enterprise and industrial use cases
3.4.1.2. Robust deployment of next-generation private 5G network infrastructure across smart cities application
3.4.2. Market Restraint Analysis
3.4.2.1. Impact of the COVID-19 pandemic
3.4.3. Market Opportunity Analysis
3.4.3.1. Rising investments to implement private 5G network infrastructure and solutions by the key market players and end-use customers
3.5. Private 5G Network Market-Porter's Five Forces Analysis
3.5.1. Supplier power
3.5.2. Buyer power
3.5.3. Substitution threat
3.5.4. Threat from new entrant
3.5.5. Competitive rivalry
3.6. private 5G Network Market-PEST analysis
3.6.1. Political landscape
3.6.2. Economic landscape
3.6.3. Social landscape
3.6.4. Technology landscape
3.7. Major Deals & Strategic Alliances Analysis
3.7.1. New Product Developments
3.7.2. Mergers & acquisitions
3.7.3. Partnerships and Agreements
3.7.4. Expansion
3.8. Key Government Regulations Framework Across Key Countries
3.9. 5G Spectrum Framework Across Key Countries
Chapter 4. Private 5G Network Component Outlook
4.1. Private 5G Network Market, by Component Analysis & Market Share, 2021 & 2030
4.2. Hardware
4.2.1. Market estimates and forecasts, 2020-2030 (USD Million)
4.2.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
4.2.3. Radio Access Network
4.2.3.1. Market estimates and forecasts, 2020-2030 (USD Million)
4.2.3.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
4.2.4. Core Network
4.2.4.1. Market estimates and forecasts, 2020-2030 (USD Million)
4.2.4.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
4.2.5. Backhaul & Transport
4.2.5.1. Market estimates and forecasts, 2020-2030 (USD Million)
4.2.5.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
4.3. Software
4.3.1. Market estimates and forecasts, 2020-2030 (USD Million)
4.3.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
4.4. Services
4.4.1. Market estimates and forecasts, 2020-2030 (USD Million)
4.4.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
4.4.3. Installation & Integration
4.4.3.1. Market estimates and forecasts, 2020-2030 (USD Million)
4.4.3.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
4.4.4. Data Services
4.4.4.1. Market estimates and forecasts, 2020-2030 (USD Million)
4.4.4.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
4.4.5. Support & Maintenance
4.4.5.1. Market estimates and forecasts, 2020-2030 (USD Million)
4.4.5.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
Chapter 5. Private 5G Network Frequency Outlook
5.1. Private 5G Network Market, by Frequency Analysis & Market Share, 2021 & 2030
5.2. Sub-6 GHz
5.2.1. Market estimates and forecasts, 2020-2030 (USD Million)
5.2.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
5.3. mmWave
5.3.1. Market estimates and forecasts, 2020-2030 (USD Million)
5.3.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
Chapter 6. Private 5G Network Spectrum Outlook
6.1. Private 5G Network Market, by Spectrum Analysis & Market Share, 2021 & 2030
6.2. Licensed
6.2.1. Market estimates and forecasts, 2020-2030 (USD Million)
6.2.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
6.3. Unlicensed/Shared
6.3.1. Market estimates and forecasts, 2020-2030 (USD Million)
6.3.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
Chapter 7. Private 5G Network Vertical Outlook
7.1. Private 5G Network Market, by Vertical Analysis & Market Share, 2021 & 2030
7.2. Manufacturing/Factories
7.2.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.2.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.2.3. Automotive
7.2.3.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.2.3.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.2.4. Electrical & Electronics
7.2.4.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.2.4.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.2.5. Food & Beverages
7.2.5.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.2.5.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.2.6. Pharmaceuticals
7.2.6.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.2.6.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.2.7. Heavy Machinery
7.2.7.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.2.7.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.2.8. Clothing & Accessories
7.2.8.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.2.8.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.2.9. Others
7.2.9.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.2.9.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.3. Energy & Utilities
7.3.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.3.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.4. Transportation & Logistics
7.4.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.4.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.5. Defense
7.5.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.5.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.6. Enterprises & Campus
7.6.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.6.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.7. Mining
7.7.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.7.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.8. Healthcare/Hospitals
7.8.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.8.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.9. Oil & Gas
7.9.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.9.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.10. Retail
7.10.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.10.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.11. Agriculture
7.11.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.11.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.12. Smart Cities
7.12.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.12.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
7.13. Others
7.13.1. Market estimates and forecasts, 2020-2030 (USD Million)
7.13.2. Market estimates and forecasts, by region, 2020-2030 (USD Million)
Chapter 8. Private 5G Network Market: Regional Estimates & Trend Analysis
8.1. Private 5G Network Market Share by Region, 2021 & 2030
8.2. North America
8.2.1. Market estimates and forecasts, 2020-2030
8.2.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.2.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.2.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.2.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.2.6. U.S.
8.2.6.1. Market estimates and forecasts, 2020-2030
8.2.6.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.2.6.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.2.6.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.2.6.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.2.7. Canada
8.2.7.1. Market estimates and forecasts, 2020-2030
8.2.7.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.2.7.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.2.7.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.2.7.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.2.8. Mexico
8.2.8.1. Market estimates and forecasts, 2020-2030
8.2.8.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.2.8.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.2.8.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.2.8.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.3. Europe
8.3.1. Market estimates and forecasts, 2020-2030
8.3.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.3.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.3.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.3.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.3.6. U.K.
8.3.6.1. Market estimates and forecasts, 2020-2030
8.3.6.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.3.6.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.3.6.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.3.6.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.3.7. Germany
8.3.7.1. Market estimates and forecasts, 2020-2030
8.3.7.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.3.7.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.3.7.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.3.7.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.3.8. Italy
8.3.8.1. Market estimates and forecasts, 2020-2030
8.3.8.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.3.8.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.3.8.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.3.8.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.3.9. Russia
8.3.9.1. Market estimates and forecasts, 2020-2030
8.3.9.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.3.9.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.3.9.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.3.9.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.4. Asia Pacific
8.4.1. Market estimates and forecasts, 2020-2030
8.4.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.4.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.4.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.4.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.4.6. China
8.4.6.1. Market estimates and forecasts, 2020-2030
8.4.6.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.4.6.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.4.6.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.4.6.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.4.7. India
8.4.7.1. Market estimates and forecasts, 2020-2030
8.4.7.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.4.7.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.4.7.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.4.7.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.4.8. Japan
8.4.8.1. Market estimates and forecasts, 2020-2030
8.4.8.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.4.8.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.4.8.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.4.8.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.4.9. South Korea
8.4.9.1. Market estimates and forecasts, 2020-2030
8.4.9.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.4.9.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.4.9.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.4.9.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.4.10. Australia
8.4.10.1. Market estimates and forecasts, 2020-2030
8.4.10.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.4.10.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.4.10.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.4.10.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.5. South America
8.5.1. Market estimates and forecasts, 2020-2030
8.5.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.5.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.5.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.5.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.5.6. Brazil
8.5.6.1. Market estimates and forecasts, 2020-2030
8.5.6.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.5.6.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.5.6.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.5.6.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
8.6. Middle East & Africa
8.6.1. Market estimates and forecasts, 2020-2030
8.6.2. Market estimates and forecasts, by component, 2020-2030 (USD Million)
8.6.3. Market estimates and forecasts, by frequency, 2020-2030 (USD Million)
8.6.4. Market estimates and forecasts, by spectrum, 2020-2030 (USD Million)
8.6.5. Market estimates and forecasts, by vertical, 2020-2030 (USD Million)
Chapter 9. Competitive Analysis
9.1. Recent Developments and Impact Analysis, by Key Market Participants
9.2. Company/Competition Categorization (Key Innovators, Market Leaders, Emerging, Niche Players)
9.3. Vendor Landscape
9.3.1. Key company market share analysis, 2021
9.3.2. Market Position Analysis
9.3.3. Competitive Dashboard Analysis
Chapter 10. Competitive Landscape
10.1. Company Profiles
10.1.1. Telefonaktiebolaget LM Ericsson
10.1.1.1. Company overview
10.1.1.2. Financial performance
10.1.1.3. Product benchmarking
10.1.1.4. Strategic initiatives
10.1.2. Nokia Corp.
10.1.2.1. Company overview
10.1.2.2. Financial performance
10.1.2.3. Product benchmarking
10.1.2.4. Strategic initiatives
10.1.3. Samsung
10.1.3.1. Company overview
10.1.3.2. Financial performance
10.1.3.3. Product benchmarking
10.1.3.4. Strategic initiatives
10.1.4. ZTE Corp.
10.1.4.1. Company overview
10.1.4.2. Financial performance
10.1.4.3. Product benchmarking
10.1.4.4. Strategic initiatives
10.1.5. Deutsche Telekom
10.1.5.1. Company overview
10.1.5.2. Financial performance
10.1.5.3. Product benchmarking
10.1.5.4. Strategic initiatives
10.1.6. Juniper Networks
10.1.6.1. Company overview
10.1.6.2. Financial performance
10.1.6.3. Product benchmarking
10.1.6.4. Strategic initiatives
10.1.7. AT&T Inc.
10.1.7.1. Company overview
10.1.7.2. Financial performance
10.1.7.3. Product benchmarking
10.1.7.4. Strategic initiatives
10.1.8. Verizon Communications
10.1.8.1. Company overview
10.1.8.2. Financial performance
10.1.8.3. Product benchmarking
10.1.8.4. Strategic initiatives
10.1.9. Altiostar
10.1.9.1. Company overview
10.1.9.2. Financial performance
10.1.9.3. Product benchmarking
10.1.9.4. Strategic initiatives
10.1.10. Huawei Technologies Co., Ltd.
10.1.10.1. Company overview
10.1.10.2. Financial performance
10.1.10.3. Product benchmarking
10.1.10.4. Strategic initiatives
10.1.11. Mavenir
10.1.11.1. Company overview
10.1.11.2. Financial performance
10.1.11.3. Product benchmarking
10.1.11.4. Strategic initiatives
10.1.12. BT Group
10.1.12.1. Company overview
10.1.12.2. Financial performance
10.1.12.3. Product benchmarking
10.1.12.4. Strategic initiatives
10.1.13. T-Systems International GmbH
10.1.13.1. Company overview
10.1.13.2. Financial performance
10.1.13.3. Product benchmarking
10.1.13.4. Strategic initiatives
10.1.14. Cisco Systems, Inc.
10.1.14.1. Company overview
10.1.14.2. Financial performance
10.1.14.3. Product benchmarking
10.1.14.4. Strategic initiatives
10.1.15. Vodafone Ltd.
10.1.15.1. Company overview
10.1.15.2. Financial performance
10.1.15.3. Product benchmarking
10.1.15.4. Strategic initiatives

Companies Mentioned

  • Telefonaktiebolaget Lm Ericsson
  • Nokia Corp.
  • Samsung
  • Zte Corp.
  • Deutsche Telekom
  • Juniper Networks
  • At&T Inc.
  • Verizon Communications
  • Altiostar
  • Huawei Technologies Co. Ltd.
  • Mavenir
  • Bt Group
  • T-Systems International GmbH
  • Cisco Systems, Inc.
  • Vodafone Ltd.

Methodology

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