Wireless Private Networking Markets, 2026 by LTE, 5G and Edge Computing in Enterprise, Industrial and Government Solutions
The “Market for private wireless networks by LTE, 5G and Edge Computing in enterprise, industrial and government solutions 2021 – 2026” report was added to ResearchAndMarkets.com offer.
This report assesses 5G NR and MNO and VNO market prospects for delivering private IoT networks for the benefit of industrial automation and critical business applications and services. The report assesses key players, technologies and solutions.
Carrier-supported private LTE and 5G networks will include virtualized network solutions, dedicated / non-virtualized network solutions and hybrid network solutions with an expected global market opportunity of 12.6, 9.2 and 17 , $ 1 billion respectively.
LTE Advanced (LTE-A) represents a major milestone in the evolution of 4G technology, providing mobile coverage, superior performance and greater connection stability. The 5G New Radio (NR) access technology is part of the 5G Radio Access Network (RAN) architecture which is made up of LTE evolution and millimeter wave (mmWave) technology which will operate under 1 GHz to 24+ GHz in a range of the low band, the middle band and the high band.
A variety of complementary technologies will enable systems supported by 5G NR, including massive MIMO, advanced LPDC, TDD subframe, beamforming, and mmWave radio frequency.
For communication service providers, mmWave will bring both challenges and opportunities for general RAN infrastructure and in particular for Internet of Things (IoT) private networks for industrial automation and critical services for companies in many industrial sectors.
Higher frequencies suffer from attenuation, which means they lose signal at a distance and when hitting objects (even water vapor, but mostly solid objects like trees, buildings, etc. .). This is why massive MIMO and other multisignal approaches are needed, along with beamforming to direct RF energy to where it is needed, but the signal is so directional nature that it is very difficult 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 macrocell base stations, small cell units, remote head-end units and units. C-RAN baseband for dedicated and shared resource networks. Shipments of 5G RRH units alone will increase to over 70% of CAGR and exceed 115 million units by 2026.
The business and industrial segments will continue to deploy private networks using LTE and WiFi. Many of these networks will evolve to 5G and include advanced computing to maximize overall throughput and minimize latency, which will be crucial for some critical communication solutions such as industrial process automation.
The report also assesses the challenges, opportunities, and overall market outlook for 5G NR equipment and components. The report provides detailed forecast for global and regional equipment as well as 5G NR investment by industry vertical.
Businesses and industrial customers can choose a combination of communications and IT as a service from operators or purchase infrastructure managed by a third party.
Here are examples of some recent private wireless deployments supported by carriers:
Verizon: The company recently partnered with UK port operator Associated British Ports (ABP) to provide the Port of Southampton with a private 5G wireless network. The Port of Southampton is part of a large supply chain, accounting for Â£ 40 billion in UK exports per year. Southampton is also the country’s largest port for cars (nearly 900,000 / year) and cruise ships. The network runs on Nokia Digital Automation Cloud, which offers advanced computing capabilities.
AT&T: The company has established a public / private partnership with MxD (Manufacturing x Digital) of Chicago, created a private 5G network with funding from the Department of Defense and other private members. The wireless network is intended to help businesses learn how to improve their manufacturing operations through 5G networks. The private MxD network only uses two radios, one with mmWave 5G and the other with sub-6 5G which connects to the core of AT & T’s core network.
Select the report results:
Operator-supplied 5G domestic market to reach $ 2.1 billion globally by 2026, growing 51.9% CAGR
Highest ROI solutions for LTE-A and 5GNR operator offerings will be for enterprise applications and industrial automation
Growth of private LTE and 5G solutions for enterprises and industrial customers is 37% faster than applications and utilities
5GNR solutions will largely be fixed wireless WAN connectivity and support for industrial private communication networks
Solutions will include fully virtualized, dedicated / non-virtualized and hybrid network solutions for commercial customers
Operators will aggressively advance with non-autonomous 5G, but realize significant benefits with 5G core network upgrades
5G wireless deployment in indoor environments of smart cities and suburbs to exceed total of all exurban and rural areas combined globally
Global 5G fixed wireless transport to smart buildings specifically to support WiFi connectivity / backhaul to reach $ 320.8 million by 2026
5G subscription in public networks will overtake private until 2026, although the latter experiences a 20% faster growth rate, which is expected to overtake the former by 2030
For more information on this report, visit https://www.researchandmarkets.com/r/5eirxg
See the source version on businesswire.com: https://www.businesswire.com/news/home/20210414005561/en/
Laura Wood, Senior Press Director
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