Worldwide Private 4G/5G Networks Managed Services Forecast, 2024-2028
This IDC study analyzes the managed services private 4G/5G networks market worldwide from 2024 to 2028."In a world where connectivity is king, the evolution of private 4G/5G networks can reshape industries. Despite economic headwinds, the demand for secure, dedicated networks is increasing, albeit at a slower pace than original estimates," says Pahul Preet Singh, senior research analyst, Mobile and IoT Services, IDC."In the competitive landscape of the managed private 4G/5G networks market, mobile operators must clearly showcase the value they offer. This includes demonstrating their expertise in managed services and the strength of their spectrum portfolios," says Jitesh Bhayani, research vice president, Worldwide Telecommunications Services, IDC.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
The Importance of Connectivity
Greater Need for Data Security and Privacy
Monetizing 5G Investments
Inhibitors
Competition from Other Technologies Could Limit Growth
High Initial Investment
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research
Research Assistance
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