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Fueling a new round of 5G adoption, why private 5G network becomes a game-changer
2023-04-10
5G is not only the evolution of the communication technology, but also a key factor changing the whole society.
The biggest value of 5G lies in the to-B market and the breakthrough point must be private 5G network.
The global private 5G network market is expected to grow at a compound annual growth rate of 47.5% from 2022 to 2030 to reaching USD 36.08 billion by 2030 according to Grand View Research.
Private 5G network is widely preferred across various industry verticals, including manufacturing, energy and utilities, transportation and logistics, aerospace and defense, oil and gas, mining, and government and public safety.
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