Commercial wireless communications have evolved rapidly over the last decade. Also, private cellular connectivity differs between enterprise verticals. Exploring the various applications and industry use cases provides an important indication of where infrastructure deployment will occur next. With fifth-generation (5G) wireless technology maturing, the importance of private networking solutions for the enterprise domain will continue to grow. Looking ahead, the growing demand for private network deployments will be driven primarily by heavy industry verticals. Industrial manufacturing, energy production (including mining, oil and gas, and logistics) alone will generate private network revenues of $32.38 billion by 2030, representing half of the $64 Billion overall private network revenues, according to the latest worldwide market study by ABI Research. Private 5G Network Market Development "These findings show the importance of private networks, particularly for automating missio...
TMT Market Research Summaries and Analysis