Private 5G Industry Statistics

In this post, we will explore a comprehensive overview of the private 5G industry, backed by a plethora of insightful statistics and projections. From the exponential growth expected in the global market size to the specific sectors driving this evolution, we delve deep into the statistics shaping the future landscape of private 5G networks.

Statistic 1

"By 2027, the global private 5G network market size is expected to reach USD 10.5 billion."

Statistic 2

"The private 5G market is projected to grow at a compound annual growth rate (CAGR) of 37.8% from 2021 to 2027."

Statistic 3

"Manufacturing is projected to account for the highest share of the private 5G network market by 2027."

Statistic 4

"The Asia-Pacific private 5G network market is projected to grow at the highest CAGR during the forecast period."

Statistic 5

"The UK's private 5G networks increased by more than three times in 2021."

Statistic 6

"More than one-third of businesses in the energy sector are set to adopt private 5G over the next five years."

Statistic 7

"40% of enterprises see a business case for private 5G investment."

Statistic 8

"The European Commission has reserved the 26 GHz band for private 5G network use."

Statistic 9

"Almost half of organizations expect to deploy private 5G within two years."

Statistic 10

"Industrial manufacturing is projected to make up 35% of the overall private 5G market by 2030."

Statistic 11

"North America is expected to hold the largest market share in the private 5G network market during the forecast period."

Statistic 12

"Roughly 120 companies worldwide have been involved in private 5G network engagements."

Statistic 13

"The private 5G networks market in the Asia-Pacific region is estimated to reach $7,349 million by 2030."

Statistic 14

"By 2025, 34% of all businesses will utilize private 5G technologies."

Statistic 15

"As of 2020, Ericsson deployed over 50 private 5G networks around the globe."

Overall, the statistics indicate a significant and rapid growth trend in the global private 5G network market, with projections showing substantial market size expansion, particularly in sectors such as manufacturing and energy. The increasing adoption of private 5G networks is driven by organizations recognizing the potential for enhanced connectivity and operational efficiency. Regions like Asia-Pacific and North America are expected to lead in market growth, supported by government initiatives and industry collaborations. The statistics also highlight a strong business case for private 5G investment and a widespread expectation for future deployments, pointing towards a promising future for private 5G technology on a global scale.