This IDC study examines the worldwide private LTE/5G wireless infrastructure market for 2023–2027."Utilities, mines, ports, and manufacturers represent some of the fastest-growing adopters of private cellular solutions today. Even so, market headwinds, most notably a lack of advanced 5G embedded devices, will hinder overall market growth for the next year or more," says Patrick Filkins, research manager, IoT and Telecom Network Infrastructure, IDC.
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IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers and Service Providers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Global Telecom Regulators Allocating Dedicated Spectrum for Locally LicensedPrivate Use
Systems Integrators Take Center Stage in Driving Uptake
Inhibitor
Lack of 5G Devices Creates a Choke Point in the Broader 5G Ecosystem