17 Jun, 2021
Owing to a new generation of cellular technology, cellular private networks have been revived given various value propositions. Private networks are being used by companies across sectors including automotive, electrical and electronic, semiconductors, industrial and mechanical tools or machinery, as well as power & utilities. Despite the wider benefits of private networks, 5G use cases are still out of reach for most enterprises. In the next five years, the deployment rate is expected to double once these factors subside.
This opportunity could not have come at a better time for stakeholders in the telecom ecosystem. In light of the ongoing digital implementation, emerging use cases across sectors, and the proactive participation of regulators, the telecom sector should accelerate its efforts to provide and deploy the network infrastructure that enterprise customers require.
Larger enterprises are expected to show more interest than smaller and medium-sized companies. Private networking solutions are more likely to be implemented by large enterprises that are less concerned with cost and have a more long-term digital strategy, as they are more likely to recognize the benefits of such deployments. Those with a restricted budget and limited infrastructure will need individualized technical assistance, consultation, and a cost-effective pricing structure in order to best meet their needs.
With more than 500 private networks deployed globally to date, we help unveil a sector-wise demand analysis, regional dynamics, deployment challenges, and expected growth opportunities to help both industry leaders and telecom providers make strategic moves.
