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Global Industrial-Grade Private 5G Network Market Research Report 2024
Synopsis
Industry 4.0 represents the digital transformation of the physical infrastructure on the factory floor. Industry 4.0 systems draw on big data and data analytics, simulation, artificial intelligence (AI), robotics and other emerging technologies to carry out complex processes efficiently and accurately. These processes draw on AI to make judgment calls, which means manufacturing operations can be optimized for maximum output and profitability. Industry 4.0 needs a network that offers predictable performance, with low-latency and high throughput with high reliability, and quality-of-service (QoS). Private 5G networks provide this connectivity, offering all the benefits of public 5G networks dimensioned to support manufacturing and enterprise uses.
5G provides the low-latency, highly reliable, secure and scalable networking that Industry 4.0 demands. Low latency is necessary for time sensitive networks (TSN) over 5G, which enables distributed time-sensitive applications in new markets. A private 5G network also provides better device density than other alternatives. 5G supports both sub 6GHz and higher frequency millimeter wave (mmWave) transmission, making the protocol highly adaptable. Sub 6GHz, also called mid-band 5G, offers long range and high throughput (up to 900 Mbps), while mmWave’s higher frequencies provide faster throughput but much shorter range. Industry 4.0 use cases can look to midband 5G for communications between facilities and mmWave for maintaining a powerful internal network. Specifically, mmWave’s short range and ability to use multiple small cells to route signals around obstacles fits well within a manufacturing or other industrial environment. Because 5G networks based on vRAN are heavily virtualized, hardware investments are significantly reduced compared to older network technologies, and network functions are easily scaled to meet increasing demands. The virtualization also enables managing the network as an IT workload, supporting cloud-native application deployment and orchestration.
Global Industrial-Grade Private 5G Network market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Industrial-Grade Private 5G Network market research.
Key companies engaged in the Industrial-Grade Private 5G Network industry include Phoenix Contact, NTT, Ericsson, Nokia, Qualcomm, Advantech, Siemens, Huawei and BT Global Services, etc. Among those companies, the top 3 players guaranteed % supply worldwide in 2022.
When refers to consumption region, % value of Industrial-Grade Private 5G Network were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Industrial-Grade Private 5G Network market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Industrial-Grade Private 5G Network market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Phoenix Contact
NTT
Ericsson
Nokia
Qualcomm
Advantech
Siemens
Huawei
BT Global Services
Telent
Fujitsu
Mavenir
Segment by Type
Low-band (Speeds of Less Than 300 Mbps)
Mid-band (Low Multigigabit Speeds)
High-band or mmWave (Mid to High Multigigabit Speeds)
Segment by Application
Manufacturing
Automobile
Logistics
Energy
Mining
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Industrial-Grade Private 5G Network report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Industry 4.0 represents the digital transformation of the physical infrastructure on the factory floor. Industry 4.0 systems draw on big data and data analytics, simulation, artificial intelligence (AI), robotics and other emerging technologies to carry out complex processes efficiently and accurately. These processes draw on AI to make judgment calls, which means manufacturing operations can be optimized for maximum output and profitability. Industry 4.0 needs a network that offers predictable performance, with low-latency and high throughput with high reliability, and quality-of-service (QoS). Private 5G networks provide this connectivity, offering all the benefits of public 5G networks dimensioned to support manufacturing and enterprise uses.
5G provides the low-latency, highly reliable, secure and scalable networking that Industry 4.0 demands. Low latency is necessary for time sensitive networks (TSN) over 5G, which enables distributed time-sensitive applications in new markets. A private 5G network also provides better device density than other alternatives. 5G supports both sub 6GHz and higher frequency millimeter wave (mmWave) transmission, making the protocol highly adaptable. Sub 6GHz, also called mid-band 5G, offers long range and high throughput (up to 900 Mbps), while mmWave’s higher frequencies provide faster throughput but much shorter range. Industry 4.0 use cases can look to midband 5G for communications between facilities and mmWave for maintaining a powerful internal network. Specifically, mmWave’s short range and ability to use multiple small cells to route signals around obstacles fits well within a manufacturing or other industrial environment. Because 5G networks based on vRAN are heavily virtualized, hardware investments are significantly reduced compared to older network technologies, and network functions are easily scaled to meet increasing demands. The virtualization also enables managing the network as an IT workload, supporting cloud-native application deployment and orchestration.
Global Industrial-Grade Private 5G Network market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Industrial-Grade Private 5G Network market research.
Key companies engaged in the Industrial-Grade Private 5G Network industry include Phoenix Contact, NTT, Ericsson, Nokia, Qualcomm, Advantech, Siemens, Huawei and BT Global Services, etc. Among those companies, the top 3 players guaranteed % supply worldwide in 2022.
When refers to consumption region, % value of Industrial-Grade Private 5G Network were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Industrial-Grade Private 5G Network market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Industrial-Grade Private 5G Network market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Phoenix Contact
NTT
Ericsson
Nokia
Qualcomm
Advantech
Siemens
Huawei
BT Global Services
Telent
Fujitsu
Mavenir
Segment by Type
Low-band (Speeds of Less Than 300 Mbps)
Mid-band (Low Multigigabit Speeds)
High-band or mmWave (Mid to High Multigigabit Speeds)
Segment by Application
Manufacturing
Automobile
Logistics
Energy
Mining
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Industrial-Grade Private 5G Network report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Industrial-Grade Private 5G Network Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Low-band (Speeds of Less Than 300 Mbps)
1.2.3 Mid-band (Low Multigigabit Speeds)
1.2.4 High-band or mmWave (Mid to High Multigigabit Speeds)
1.3 Market by Application
1.3.1 Global Industrial-Grade Private 5G Network Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Manufacturing
1.3.3 Automobile
1.3.4 Logistics
1.3.5 Energy
1.3.6 Mining
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Industrial-Grade Private 5G Network Market Perspective (2018-2029)
2.2 Industrial-Grade Private 5G Network Growth Trends by Region
2.2.1 Global Industrial-Grade Private 5G Network Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Industrial-Grade Private 5G Network Historic Market Size by Region (2018-2023)
2.2.3 Industrial-Grade Private 5G Network Forecasted Market Size by Region (2024-2029)
2.3 Industrial-Grade Private 5G Network Market Dynamics
2.3.1 Industrial-Grade Private 5G Network Industry Trends
2.3.2 Industrial-Grade Private 5G Network Market Drivers
2.3.3 Industrial-Grade Private 5G Network Market Challenges
2.3.4 Industrial-Grade Private 5G Network Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Industrial-Grade Private 5G Network Players by Revenue
3.1.1 Global Top Industrial-Grade Private 5G Network Players by Revenue (2018-2023)
3.1.2 Global Industrial-Grade Private 5G Network Revenue Market Share by Players (2018-2023)
3.2 Global Industrial-Grade Private 5G Network Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Industrial-Grade Private 5G Network Revenue
3.4 Global Industrial-Grade Private 5G Network Market Concentration Ratio
3.4.1 Global Industrial-Grade Private 5G Network Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Industrial-Grade Private 5G Network Revenue in 2022
3.5 Industrial-Grade Private 5G Network Key Players Head office and Area Served
3.6 Key Players Industrial-Grade Private 5G Network Product Solution and Service
3.7 Date of Enter into Industrial-Grade Private 5G Network Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Industrial-Grade Private 5G Network Breakdown Data by Type
4.1 Global Industrial-Grade Private 5G Network Historic Market Size by Type (2018-2023)
4.2 Global Industrial-Grade Private 5G Network Forecasted Market Size by Type (2024-2029)
5 Industrial-Grade Private 5G Network Breakdown Data by Application
5.1 Global Industrial-Grade Private 5G Network Historic Market Size by Application (2018-2023)
5.2 Global Industrial-Grade Private 5G Network Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Industrial-Grade Private 5G Network Market Size (2018-2029)
6.2 North America Industrial-Grade Private 5G Network Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Industrial-Grade Private 5G Network Market Size by Country (2018-2023)
6.4 North America Industrial-Grade Private 5G Network Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Industrial-Grade Private 5G Network Market Size (2018-2029)
7.2 Europe Industrial-Grade Private 5G Network Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Industrial-Grade Private 5G Network Market Size by Country (2018-2023)
7.4 Europe Industrial-Grade Private 5G Network Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Industrial-Grade Private 5G Network Market Size (2018-2029)
8.2 Asia-Pacific Industrial-Grade Private 5G Network Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Industrial-Grade Private 5G Network Market Size by Region (2018-2023)
8.4 Asia-Pacific Industrial-Grade Private 5G Network Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Industrial-Grade Private 5G Network Market Size (2018-2029)
9.2 Latin America Industrial-Grade Private 5G Network Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Industrial-Grade Private 5G Network Market Size by Country (2018-2023)
9.4 Latin America Industrial-Grade Private 5G Network Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Industrial-Grade Private 5G Network Market Size (2018-2029)
10.2 Middle East & Africa Industrial-Grade Private 5G Network Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Industrial-Grade Private 5G Network Market Size by Country (2018-2023)
10.4 Middle East & Africa Industrial-Grade Private 5G Network Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Phoenix Contact
11.1.1 Phoenix Contact Company Detail
11.1.2 Phoenix Contact Business Overview
11.1.3 Phoenix Contact Industrial-Grade Private 5G Network Introduction
11.1.4 Phoenix Contact Revenue in Industrial-Grade Private 5G Network Business (2018-2023)
11.1.5 Phoenix Contact Recent Development
11.2 NTT
11.2.1 NTT Company Detail
11.2.2 NTT Business Overview
11.2.3 NTT Industrial-Grade Private 5G Network Introduction
11.2.4 NTT Revenue in Industrial-Grade Private 5G Network Business (2018-2023)
11.2.5 NTT Recent Development
11.3 Ericsson
11.3.1 Ericsson Company Detail
11.3.2 Ericsson Business Overview
11.3.3 Ericsson Industrial-Grade Private 5G Network Introduction
11.3.4 Ericsson Revenue in Industrial-Grade Private 5G Network Business (2018-2023)
11.3.5 Ericsson Recent Development
11.4 Nokia
11.4.1 Nokia Company Detail
11.4.2 Nokia Business Overview
11.4.3 Nokia Industrial-Grade Private 5G Network Introduction
11.4.4 Nokia Revenue in Industrial-Grade Private 5G Network Business (2018-2023)
11.4.5 Nokia Recent Development
11.5 Qualcomm
11.5.1 Qualcomm Company Detail
11.5.2 Qualcomm Business Overview
11.5.3 Qualcomm Industrial-Grade Private 5G Network Introduction
11.5.4 Qualcomm Revenue in Industrial-Grade Private 5G Network Business (2018-2023)
11.5.5 Qualcomm Recent Development
11.6 Advantech
11.6.1 Advantech Company Detail
11.6.2 Advantech Business Overview
11.6.3 Advantech Industrial-Grade Private 5G Network Introduction
11.6.4 Advantech Revenue in Industrial-Grade Private 5G Network Business (2018-2023)
11.6.5 Advantech Recent Development
11.7 Siemens
11.7.1 Siemens Company Detail
11.7.2 Siemens Business Overview
11.7.3 Siemens Industrial-Grade Private 5G Network Introduction
11.7.4 Siemens Revenue in Industrial-Grade Private 5G Network Business (2018-2023)
11.7.5 Siemens Recent Development
11.8 Huawei
11.8.1 Huawei Company Detail
11.8.2 Huawei Business Overview
11.8.3 Huawei Industrial-Grade Private 5G Network Introduction
11.8.4 Huawei Revenue in Industrial-Grade Private 5G Network Business (2018-2023)
11.8.5 Huawei Recent Development
11.9 BT Global Services
11.9.1 BT Global Services Company Detail
11.9.2 BT Global Services Business Overview
11.9.3 BT Global Services Industrial-Grade Private 5G Network Introduction
11.9.4 BT Global Services Revenue in Industrial-Grade Private 5G Network Business (2018-2023)
11.9.5 BT Global Services Recent Development
11.10 Telent
11.10.1 Telent Company Detail
11.10.2 Telent Business Overview
11.10.3 Telent Industrial-Grade Private 5G Network Introduction
11.10.4 Telent Revenue in Industrial-Grade Private 5G Network Business (2018-2023)
11.10.5 Telent Recent Development
11.11 Fujitsu
11.11.1 Fujitsu Company Detail
11.11.2 Fujitsu Business Overview
11.11.3 Fujitsu Industrial-Grade Private 5G Network Introduction
11.11.4 Fujitsu Revenue in Industrial-Grade Private 5G Network Business (2018-2023)
11.11.5 Fujitsu Recent Development
11.12 Mavenir
11.12.1 Mavenir Company Detail
11.12.2 Mavenir Business Overview
11.12.3 Mavenir Industrial-Grade Private 5G Network Introduction
11.12.4 Mavenir Revenue in Industrial-Grade Private 5G Network Business (2018-2023)
11.12.5 Mavenir Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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