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.
- 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
Research Assistance
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