Global Private Wireless Networks Market Report 2021-2026: Evaluate 5G NR and the Market Outlook for MNO and VNO to Offer Private IoT Networks
Dublin, April 16, 2021 (GLOBE NEWSWIRE) -- The "Private Wireless Networks Market by LTE, 5G, and Edge Computing in Enterprise, Industrial, and Government Solutions 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.
This report evaluates 5G NR and the market outlook for MNO and VNO to offer private IoT networks for the benefit of industrial automation and mission-critical enterprise applications and services. The report evaluates major players, technologies, and solutions.
Carrier-supported private LTE and 5G networks will consist of Virtualized Network Solutions, Dedicated/Non-Virtualized Network Solutions, and Hybrid Network Solutions with an anticipated global market opportunity of $12.6, $9.2B, and $17.1B respectively.
LTE Advanced (LTE-A) represents a major step in the evolution of 4G technology, providing mobile coverage, higher performance, and greater connection stability. The 5G New Radio (NR) access technology is a part of 5G Radio Access Network (RAN) architecture that is composed of LTE evolution and millimeter wave (mmWave) technology that will be operable from sub-1 GHz to 24+ GHz in a range of the low band, mid-band, and high band.
A variety of complementary technologies will enable 5G NR supported systems including massive MIMO, advanced LPDC, TDD subframe, beamforming, and mmWave radiofrequency.
For communication service providers, mmWave will bring both challenges and opportunities for general RAN infrastructure and in particular for the private Internet of Things (IoT) networks for industrial automation and mission-critical services for enterprise across many industry verticals.
The higher frequencies suffer from attenuation, which means they lose signal over distance and when they hit objects (even water vapor, but especially solid objects like trees, buildings, etc.). This is why there is a need for massive MIMO and other multi-signal approaches to help, along with beam-forming to direct RF energy to where it is needed, but the signal is so directional in nature that it is very hard to maintain with a moving object.
From an infrastructure and managed services perspective, 5G NR will facilitate vertical market opportunities for vendors to offer distributed macro-cell base stations, small cells units, remote radio head units, and C-RAN baseband units for both dedicated and shared resource networks. 5G RRHs unit shipment alone will grow at over 70% CAGR and will exceed 115M units by 2026.
Enterprise and industrial segments will continue to deploy private networks utilizing LTE and WiFi. Many of these networks will evolve to 5G and include edge computing to maximize overall throughput and minimize latency, which will be crucial for certain critical communications solutions such as industrial process automation.
The report also assesses market challenges, opportunities, and the overall outlook for 5G NR equipment and components. The report provides detailed forecasts for equipment globally and regionally as well as investment in 5G NR by industry vertical.
Select Report Findings:
The carrier-provided 5G indoor market will reach $2.1B globally by 2026, growing at 51.9% CAGR
The highest ROI solutions for carrier LTE-A and 5GNR offerings will be for enterprise applications and industrial automation
Growth of private LTE and 5G solutions for enterprise and industrial customers is 37% faster than public apps and services
5GNR solutions will be largely fixed wireless WAN connectivity and support of industrial private communications networks
Solutions will consist of Fully Virtualized, Dedicated/Non-Virtualized, and Hybrid Network Solutions for business customers
Carriers will move ahead aggressively with non-standalone 5G but will realize significant benefits with 5G core network upgrades
5G wireless deployment in indoor environments within smart cities and suburbs will exceed the total of all exurban and rural areas combined globally
The global 5G fixed wireless transport to smart buildings for specifically for support of WiFi connectivity/backhaul will reach $320.8M by 2026
5G subscription within public networks will exceed private through 2026, although the latter will experience a 20% faster growth rate, set to overtake the former by 2030
Examples of some recent carrier-supported private wireless deployments include the following:
Verizon: The company recently partnered with U.K. port operator Associated British Ports (ABP) to provide the Port of Southampton with a private 5G wireless network. The port of Southampton is a part of a large supply chain, accounting for £40 billion in U.K. exports yearly. Southampton also serves as the country's largest port for cars (nearly 900,000/year) and cruise liners. The network runs on the Nokia Digital Automation Cloud, which offers edge computing capabilities.
AT&T: The company established a public/private partnership with Chicago's MxD (Manufacturing x Digital), has created a 5G private network with funding from the Department of Defense and other private members. The wireless network is meant to help companies learn how to improve their manufacturing operations through 5G networks. The MxD private network uses only two radios, one with mmWave 5G and the other with sub-6 5G that connects to AT&T's central network core.
Companies Mentioned
ADLINK Technology Inc.
Affirmed Networks
Airspan
Airtel
Alibaba
Altair Semiconductor
Alvarion
America Movil
Analog Devices Inc.
Apple
Ascom
Asus
AT&T
Broadcom Corporation
BT Group
Cavium Inc.
China Mobile
China Telecom
China Unicom
Ciena Corporation
Cisco Systems
ClearBlade
ClearSky Technologies
ClipBucket
Cloudify
Cobham Wireless
Colt
Contus Vplay
Coolpad Dyno
Cradlepoint
CTS
D-Link
Deutsche Telekom AG
Dish
DU
EdgeConnex
Edgeworx
Entel
Ericsson
Eurotech
Facebook
FirstNet
Fitbit
Fubo TV
Fujitsu Ltd.
Gemalto
Geoverse
Google
Harris
HPE
HTC
Huawei Technologies
Hulu
Hytera
Inmarsat
Intel Corporation
InterDigital Inc.
Juniper Network Inc.
KDDI Corporation
Keysight Technologies
KT Corporation
Leonardo
LG Electronics
LG Uplus
M2M Connectivity
MACOM Technology
MediaTek Inc.
Mentura Group
Microsoft
Mimic Technology
Misfit
MobiledgeX
Mobiotics
Mobvoi
Motorola
Movistar
Muvi
MYCOM OSI
NEC Corporation
Netcracker (NEC)
Netflix
Netgear
New York Power Authority
Nokia
NTT DoCoMo
OnGo Alliance
Ooredoo
Ooyala
Orange SA
Ori
Philo TV
Pixeom
Pluribus Networks
Qorvo Inc.
Qualcomm
Quickplay
Quortus
Rakuten (Viber)
RedLinX
REVE Systems
Ribbon Communications
Rogers Communications
Rohde & Schwarz
Roku
Saguna Networks
Samsung Electronics
Saudi Telecom Company
Sierra Wireless (Accel Networks)
SimNet Wireless
SingTel
Siretta
SK Telecom
Sky Go
Softbank Group
Sony
Spark NZ
SpiderCloud Wireless
Swisscom
Symbioticware
T-Mobile
Telecom Italia
Telefonica
Telegram
Telenor
Telit Communications
Telstra
Tencent
Texim Europe
UbiFi
Vapor IO
Vasona Networks (ZephyrTel)
Verizon
Vidmind
VMware Inc.
Vodafone Group
Vplayed
WeChat
Xcel Energy
Zain
Zenitel
ZTE Corporation
Zyxel
For more information about this report visit https://www.researchandmarkets.com/r/pjtd9i
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