[latest] Global Private 5g Network Market Size/share Worth Usd 41.80 Billion By 2030 At A 49.7% Cagr: Custom Market Insights (analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

The global Private 5G Network Market size & share was valued at approximately USD 1.80 Billion in 2022 and is expected to reach USD 6.8 Billion in 2023 and is expected to reach a value of around USD 41.80 Billion by 2030, at a compound annual growth rate (CAGR) of about 49.7%. Private 5G networks are similar to public 5G networks, but they allow an owner to offer preferential licensing and access to its wireless spectrum. The adoption of private 5G networks is gaining traction globally as regulators allocate more spectrum for enterprises to build private 5G networks. It is anticipated that vendors in the private 5G network software market will benefit from the increasing demand for private 5G networks.