Rethink Research: Private 5G deployment will be faster than public 5G

Rethink Technology Research's RAN Research stated in a new report that in the next few years, private 5G network deployment will surge faster than public 5G, reaching a peak in 2027, when equipment sales will reach 19.3 billion US dollars.

Rethink Technology Research's RAN Research stated in a new report that in the next few years, private 5G network deployment will surge faster than public 5G, reaching a peak in 2027, when equipment sales will reach 19.3 billion US dollars.

According to a new report written by Rethink analyst Caroline Gabriel, by 2027, private 5G networks will generate $19.3 billion in annual revenue worldwide, up from $1.5 billion this year. She pointed out that during 2022-2025, growth will reach the fastest, peaking in 2027, and then as the market becomes saturated.

In addition, by 2028, there will be 26.6 million dedicated 5G networks deployed globally, up from 1.1 million in 2021. This growth will occur in all regions, but the most noticeable will be the four countries currently leading the private 5G field, the United States, Germany, China and Japan.

The report pointed out that in most markets, the deployment speed of private wireless networks will exceed the overall deployment speed of 5G, because mobile networks combined with edge computing will be able to meet more use cases, and will be used in manufacturing processes, drones, and telemedicine. , Advanced transportation and other fields to achieve new applications.