TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Open RAN
  • Digital Platforms and Services
  • 5G
  • Access Evolution
  • Private Networks
  • Cloud Native
  • Edge
  • Open Networking
  • Sustainability
  • AI, Analytics and Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • 5G
  • 6G Research and Innovation
  • Access Evolution
  • AI, Analytics and Automation
  • Cloud Native
  • Digital Platforms and Services
  • Edge
  • Open Networking
  • Open RAN
  • Private Networks
  • Security
  • Sustainability
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Industry Announcements

Private Networks

Private Networks market to reach US$109 billion by 2030 – but the window of opportunity is closing

Via ABI Research Media Releases

Mar 2, 2022

According to new research published by global technology intelligence firm ABI Research, the overall market for private networks within enterprise verticals will reach US$109 billion by 2030. This includes radio access network, edge & core deployments, as well as professional services revenues, which alone will contribute US$47 billion (44%) to the market size in 2030.

“These numbers essentially tell two stories,” explains Leo Gergs, Senior Analyst for Enterprise Connectivity and 5G Markets at ABI Research. “The first is that they illustrate the immense opportunity for cellular connectivity within enterprise verticals. The second is that the high percentage of professional services indicates that bringing 4G and 5G to enterprises requires significantly more than just providing a private network.” This is particularly true as the technology landscape within enterprises is particularly fragmented. “Enterprises have a plethora of connectivity technologies at hand – look at Wi-Fi, Bluetooth or Zigbee for example. Expecting private cellular to emerge and knock off all these technologies at once will forever remain a sweet telco dream. The telco industry needs to wake up to reality and understand that this is not going to happen,” Gergs states.

Consequentially, the telco industry needs to carefully work out the role enterprise cellular within this abundance of enterprise connectivity technologies to work out their unique selling point. According to Gergs, “To put it bluntly, enterprises do not care whether they are deploying 4G, 5G, 6G or even non-cellular technologies on their site. What they are primarily concerned about is whether or not their specific pain points are addressed.” As such, the telco industry needs to move towards providing entire enterprise-grade solutions as a service – something that Chinese infrastructure vendors like Huawei and ZTE have been doing successfully for a while now.

It is important to realize that the telco industry must act sooner rather than later. Enterprises have been waiting for vitally important 5G capabilities like ultra-reliable low latency and massive machine-type communication for years. “So, they are understandably becoming growingly impatient,” Gergs points out.

The year 2022 will therefore be a crucial one for enterprise 5G. Gergs concludes, “We will either see the first steps away from trials, testbeds, PoC deployments by the end of the year, or the road for enterprise 5G will become increasingly difficult. A crucial step will be the emergence of enterprise-grade devices that address the key requirements to serve particularly mission- or even life-critical use cases.”

These findings are from ABI Research’s The Role of 5G for Enterprise ICT Transformation application analysis report. This research is part of the company’s 5G Markets research service, which includes research, data, and analyst insights. Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific technology.

Related Topics
  • 5G,
  • ABI Research,
  • Private Networks,
  • Radio Access Network,
  • Tracker

More Like This

Digital Platforms & Services

What’s up with… PCCW and Lenovo, 5G small cells, Warren Buffet and Verizon

Aug 16, 2022

Private Networks

Nokia selected by The Public Transport Authority of Western Australia to modernize rail communications in Perth with private wireless and IP/MPLS technologies

Aug 9, 2022

Private Networks

Vodafone and Ericsson launch preemptive support service for 5G-powered factory in Hungary

Aug 2, 2022

Edge

5G and the connected edge will impact every industry and change the world. Are you ready?

Jul 28, 2022

Access Evolution

What’s up with… Eutelsat and OneWeb, BT, 5G in India

Jul 26, 2022

This content extract was originally sourced from an external website (ABI Research Media Releases) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

0:46

The Cloud Native Telco Summit returns this September!

8:32

Azita Arvani on Being a Female Leader at Rakuten Symphony

16:19

AT&T Amy Zwarico on securing telco applications in the public cloud

1:44

Join us for the greatest industry debate of the year!

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us
  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2022. All rights reserved. All brands and products are the trademarks of their respective holder(s).