Global Private Wireless Networks Market Report 2021: LTE, 5G, and Edge Computing - 5G Subscription within Private Wireless Market to Exceed Public Networks by 2030
DUBLIN, April 20, 2021 /PRNewswire/ -- The "Private Wireless Networks Market by LTE, 5G, and Edge Computing in Enterprise, Industrial, and Government Solutions 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.
This report evaluates 5G NR and the market outlook for MNO and VNO to offer private IoT networks for the benefit of industrial automation and mission-critical enterprise applications and services. The report evaluates major players, technologies, and solutions.
Carrier-supported private LTE and 5G networks will consist of Virtualized Network Solutions, Dedicated/Non-Virtualized Network Solutions, and Hybrid Network Solutions with an anticipated global market opportunity of $12.6, $9.2B, and $17.1B respectively.
LTE Advanced (LTE-A) represents a major step in the evolution of 4G technology, providing mobile coverage, higher performance, and greater connection stability. The 5G New Radio (NR) access technology is a part of 5G Radio Access Network (RAN) architecture that is composed of LTE evolution and millimeter wave (mmWave) technology that will be operable from sub-1 GHz to 24+ GHz in a range of the low band, mid-band, and high band.
A variety of complementary technologies will enable 5G NR supported systems including massive MIMO, advanced LPDC, TDD subframe, beamforming, and mmWave radiofrequency.
For communication service providers, mmWave will bring both challenges and opportunities for general RAN infrastructure and in particular for the private Internet of Things (IoT) networks for industrial automation and mission-critical services for enterprise across many industry verticals.
The higher frequencies suffer from attenuation, which means they lose signal over distance and when they hit objects (even water vapor, but especially solid objects like trees, buildings, etc.). This is why there is a need for massive MIMO and other multi-signal approaches to help, along with beam-forming to direct RF energy to where it is needed, but the signal is so directional in nature that it is very hard 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 macro-cell base stations, small cells units, remote radio head units, and C-RAN baseband units for both dedicated and shared resource networks. 5G RRHs unit shipment alone will grow at over 70% CAGR and will exceed 115M units by 2026.
Enterprise and industrial segments will continue to deploy private networks utilizing LTE and WiFi. Many of these networks will evolve to 5G and include edge computing to maximize overall throughput and minimize latency, which will be crucial for certain critical communications solutions such as industrial process automation.
The report also assesses market challenges, opportunities, and the overall outlook for 5G NR equipment and components. The report provides detailed forecasts for equipment globally and regionally as well as investment in 5G NR by industry vertical.
Enterprise and industrial customers may choose a combination of communications and computing as a service from carriers or purchase infrastructure that is managed by a third-party entity.
Select Report Findings:
Key Topics Covered:
1.0 Executive Summary
3.0 Private Network Market Background
4.0 Private Network Market Case Studies
5.0 Private Network Market Analysis
6.0 Players in the Private Wireless Ecosystem
7.0 Private Wireless Market Analysis and Forecasts 2021 - 2026
8.0 Conclusions and Recommendations
9.0 Appendix: 5G in Indoor Wireless Applications
For more information about this report visit https://www.researchandmarkets.com/r/6zv5tn
Research and Markets
View original content:http://www.prnewswire.com/news-releases/global-private-wireless-networks-market-report-2021-lte-5g-and-edge-computing---5g-subscription-within-private-wireless-market-to-exceed-public-networks-by-2030-301272733.html
SOURCE Research and Markets