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Worldwide Private LTE/5G Wireless Infrastructure Forecast, 2024–2028: 5G Adoption Picking Up Momentum

Publisher IDC
Published Jul 04, 2024
Length 10 Pages
SKU # IDC18954438

Description

Worldwide Private LTE/5G Wireless Infrastructure Forecast, 2024–2028: 5G Adoption Picking Up Momentum


This IDC study examines the worldwide private LTE/5G wireless infrastructure market for 2024–2028."The private 4G/LTE market is expected to remain resilient over the next few years, particularly in verticals (e.g., utilities) where the use cases can be served by 4G. 5G is driving its own story, however, with most industrial deployments moving to 5G for its use of midband spectrum and longer innovation pipeline," says Patrick Filkins, senior research manager, IoT/Edge and Telecom Networks.

Please Note: Extended description available upon request.

Table of Contents

10 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Global Telecom Regulators Allocating Dedicated Spectrum for Locally Licensed Private Use
TCO Smoothing and Innovation Helping Push Private Networks into Previously Unexplored Use Cases and Verticals
Inhibitors
Wi-Fi Innovation, Including Wi-Fi 6/6E and Wi-Fi 7 Make Private 5G Irrelevant in Some Instances
Significant Market Developments
Changes from Prior Forecast
Market Definition
Private LTE/5G Components
Private LTE/5G Market Definitions
Methodology
Related Research

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