According to ARC Advisory Group’s just-published research, the market growth of Industrial Private 4G and 5G Networks is driven by the need for reliable and easy-to-deploy wireless connectivity in harsh and/or wider hybrid industrial environments, increasing mobile production assets, a connected mobile workforce, well-established ecosystems, availability of spectrum licenses, and the performance of the networks in terms of speed, determinism, and reliability. The industrial private 4G and 5G networks market is dominated by global companies that are well-established network infrastructure companies, with more extensive engineering, manufacturing and marketing capabilities and significantly greater financial, technical and personnel resources. In addition, key players in the market have greater name recognition, broader product lines, and a larger installed base of products.
"Industrial private mobile networks are not new and have already been deployed in mining and utilities industries for several years. Due to the emergence of 5G networks, industrial private 4G and 5G networks have started to see new deployments in the manufacturing industries over the past two years and will provide abundant growth opportunities with various use cases in industry segments such as automotive, chemicals, machinery, pharmaceuticals, and others. Overall, the growth of private 5G and 4G/LTE networks in the coming years will be driven by industrial connectivity demands, the rise of cost-effective software-defined networks, and the adoption of hybrid network business models,” according to Naresh Surepelly, Senior Analyst and key author of ARC's Industrial Private Networks 5G & 4G Market Research.
Leading Suppliers to the Industrial Private Networks 5G & 4G Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Ericsson, Huawei, NEC, Nokia, ZTE.
About the Industrial Private Networks 5G & 4G Research
The Industrial Private Networks 5G & 4G research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts. The segmentation includes Industry, Customer Type, World Region, Sales Channel, Deployment Model, Hardware by Type, Revenue Category, Network Type, Frequency Bands, License Type, RAN Type.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. ARC's Market Data Service (MDS) is an annual subscription service that provides a unique online environment to each customer, together with all the necessary user interface apps and datasets. MDS unlocks the full benefits of ARC’s time-tested market intelligence by leveraging the latest analytical tools and technologies to allow you to make more actionable, real-time business decisions. Interactive access to ARC’s qualitative analysis is displayed in context with up-to-date market data, allowing clients to develop customized views of the market to best suit their needs. ARC continues to offer our traditional static Market Reports as a PDF.
ARC provides several types of market data services. The most common are Market Growth Outlook and Competitive Analysis Services. These services provide detailed market analysis of a single or multiple products or software applications. Please visit Market Data Services page for more details on these services.