Connect with us

Hi, what are you looking for?

Economy

Private LTE/5G network deployments reached 2,900 at the end of 2023

Private LTE/5G network deployments reached 2,900 at the end of 2023

Private LTE/5G network deployments reached 2,900 at the end of 2023

According to a new research report from the IoT analyst firm Berg Insight, there were a total of 2,900 private LTE/5G networks deployed across the world at the end of 2023, including trial and pilot deployments.

Private 5G network deployments are moving from trials to commercial operations and amounted to an estimated 700 networks whereof trials accounted for close to half. Until 2028, the number of private LTE/5G network deployments are forecasted to grow at a compound annual growth rate (CAGR) of 33 percent to reach 11,900 networks at the end of the period. Increasingly, the networks will be deployed into commercial operations faster as there is less need for use case testing. A meaningful number of private LTE network deployments will also be upgraded to 5G, starting in the next 2–3 years.

Berg Insight defines a private cellular network as a 3GPP-based private LTE/5G network built for the sole use of a private entity such as an enterprise or government organisation. Referred to as non-public networks by the 3GPP, private LTE/5G networks use spectrum defined by the 3GPP and LTE or 5G NR base stations, small cells and other radio access network (RAN) infrastructure to transmit voice and data to edge devices.

“The major RAN vendors (Ericsson, Nokia and Huawei) all play significant roles as integrated solution providers and are challenged by a number smaller RAN equipment providers”, said Fredrik Stalbrand, Principal Analyst, Berg Insight.

Nokia counts the largest number of private network deployments with more than 635 private cellular network customers at the end of Q2-2023.

graphic: private LTE/5G network deployments by technology world 2022-2028

Mr. Stalbrand continued:

“The vendors increasingly pursue channel-led sales strategies, and have developed ecosystems of mobile operators, system integrators, VARs and consulting partners to bring solutions to market.”

A number of small cell and other RAN equipment providers including Airspan Networks, Baicells, CommScope, JMA Wireless, Mavenir, Samsung Networks, Sercomm and ZTE provide competitive LTE/5G radio products and in some cases complete private network offerings.

Important specialised core network software vendors include Druid Software, Athonet (acquired by HPE in June 2023), as well as Affirmed Networks and Metaswitch (both part of Microsoft since mid-2020). In total, EPC/5GC offerings are available from close to 30 vendors. A third category is IT-centric players like Cisco and HPE. These companies focus on delivering fully integrated Wi-Fi and private LTE/5G solutions, enabling network managers to administer Wi-Fi and private LTE/5G networks through a single pane of glass. Celona is a new entrant in the space, backed by NTT Data and Qualcomm, offering its integrated private cellular solution in a single SaaS subscription.

Download report brochure: Private LTE/5G Networks for IoT Applications

The post Private LTE/5G network deployments reached 2,900 at the end of 2023 appeared first on IoT Business News.

You May Also Like

Editor's Pick

As decentralized naming systems gain traction, Ethereum Name Service has seen ENS price double, leaving some FOMO investors asking is it too late to...

Economy

How can Forex crash? Forex market crash history Fact that the Forex is one of the most volatile and most profitable markets in the...

Editor's Pick

Colorado-based pastor Eligio “Eli” Regalado and his wife, Kaitlyn, are facing legal action after allegedly defrauding investors of millions of dollars through the sale...

Stock

Enthusiasm is needed to drive an uptrend, but sometimes enthusiasm can go too far. That is why technical analysts like to use various sentiment...

Disclaimer: happyretirementstories.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2024 happyretirementstories.com