Global Private 5G Network Market Trends and Insights into Taiwanese Deployments
Since Taiwan officially opened the application for private 5G network frequency licenses in June 2023, approximately one and a half years have passed. As of October 2024, more than 120 companies and organizations in Taiwan have successfully passed the private 5G network frequency application review, and several companies have completed the system setup and are actively running private 5G networks and related applications in their operational environments. This report, based on interviews with 30 Taiwanese companies regarding their experience in adopting private 5G network applications, explores and provides an initial assessment of the current development status of Taiwan's private 5G network market.
GLOBAL PRIVATE 5G NETWORK DEVELOPMENT SLOWS BUT MAINTAINS INDUSTRY ATTENTION
Cumulative Private Mobile Network Deployments Continue to Rise, but Growth Rates Decline Year by Year
Compared to Private 5G Networks, 4G Networks Currently Better Meet the Needs of Most Applications
Table Cumulative Dedicated Mobile Network Deployment Cases by Technology Type
TAIWAN'S PRIVATE 5G NETWORK MARKET: STILL IN THE TAKEOFF PHASE
Driven Primarily by Smart Factories and Cultural and Creative Exhibitions
Taiwanese Enterprise Demand for Private 5G Networks is Diverse, with a Focus on Smart and Digital Transformation
Private 5G Network Applications Focus on Providing Customized Solutions to Address Operational Pain Points for Enterprises
High Deployment Costs Increase Barriers to Entry for Enterprises Building Private 5G Networks
MIC PERSPECTIVE
Development Direction in the Global Private Network Market
AI Image Processing Will Drive Enterprises to Consider the Necessity of Building Private 5G Networks
Cost is the Primary Barrier for Enterprises in Building Private 5G Networks, But Not the Only Challenge