Private LTE / 5G network revenues to reach $8.3 bn: IDC

Private LTE/5G wireless infrastructure revenues will reach $8.3 billion by 2026 against $1.7 billion in 2021 – achieving a five-year compound annual growth rate (CAGR) of 35.7 percent over the 2022-2026 forecast period.
Enterprise customers IndiaSpending on private LTE/5G wireless infrastructure deployed for a specific enterprise / industry vertical customer could include dedicated spectrum, hardware and software infrastructure.

“While private LTE/5G infrastructure continues to see more interest, the reality is 5G itself continues to evolve, and will evolve for the next several years,” Patrick Filkins, research manager, IoT and Telecom Network Infrastructure, said.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

AI Data Center Boom to Push Optical Transport Market Above $18 bn in 2026

The global optical transport equipment market is set for...

Cisco to Cut Nearly 4,000 Jobs as AI Infrastructure Orders Surge to $5.3 bn

Cisco plans to cut nearly 4,000 jobs as part...

Nokia appoints Emma Falck to lead Mobile Infrastructure business amid AI-native 5G and 6G push

Nokia has appointed Emma Falck as President of its...

How does AI-driven communications software support the transformation of digital communications?

The telecommunications industry is developing very dynamically, which is...