The dynamic development of private LTE/5G networks is a growing trend in the cellular network market. According to a report by analytical firm Berg Insight, there were already 2,900 private networks worldwide by the end of 2023, and this number is expected to increase to 11,900 by 2028. The projected annual growth rate of private LTE/5G networks (CAGR) is estimated at 33 percent over the next few years.
Currently, private 5G networks are transitioning from the testing phase to full commercialization, with 700 networks already in full operational mode, half of them being used for testing purposes. In the future, the deployment process for these networks is expected to accelerate as the need for use case testing decreases. Additionally, a significant increase in the number of existing private LTE networks that will be upgraded to 5G technology is expected within the next 2-3 years.
Private Cellular Network
According to the 3GPP (3rd Generation Partnership Project) definition, a private cellular network is an LTE/5G network exclusively used by a private entity, such as a government organization or a company. These networks utilize frequency bands regulated by 3GPP and rely on LTE or 5G NR base stations and radio access network infrastructure to transmit data and voice to edge devices.
Key Players in the Private Network Market
One of the major players in the private network market is Nokia, which already has over 635 private network customers in the second quarter of 2023 alone. However, this market is evolving, and many smaller providers are competing with industry giants such as Ericsson, Nokia, and Huawei. Companies like Airspan Networks, Baicells, CommScope, JMA Wireless, Mavenir, Samsung Networks, Sercomm, and ZTE offer competitive LTE/5G radio products and, in some cases, comprehensive solutions for private networks.
In addition to hardware, this market also includes specialized software providers for core networks, such as Druid Software, Athonet (acquired by HPE in June 2023), Affirmed Networks, and Metaswitch (now part of Microsoft). Furthermore, IT-focused providers such as Cisco and HPE operate in the market, focusing on delivering fully-integrated Wi-Fi and private LTE/5G network solutions to simplify network administration.
Summary
The growth of private LTE/5G networks is a significant step towards dedicated networks that offer greater control and security in various industries. As the number of installations increases, this market attracts both existing providers and new players, fostering competition and innovation.
The source of the article is from the blog qhubo.com.ni