In response to a brand new analysis report from the IoT analyst agency Berg Perception, there have been a complete of 4,700 personal LTE/5G networks deployed internationally on the finish of 2024, excluding proof-of-concept (PoC) initiatives.
The market worth for personal LTE/5G community options reached an estimated US$ 1.8 billion in 2024.
Berg Perception believes that the market worth for personal LTE/5G community options will develop at a gentle tempo over the subsequent 5 years, largely pushed by new community deployments. Income development can even be pushed by upgrades and expansions of current networks, as enterprises add new functions and transition from LTE to 5G. Rising at a CAGR of 38 p.c, the full market worth for personal LTE/5G community options is forecasted to succeed in US$ 8.9 billion in 2029.
Melvin Sörum, IoT analyst at Berg Perception, stated:
“The increased availability of dedicated spectrum and emergence of new use cases open up a wide range of opportunities for the cellular ecosystem.”
“The shift is fuelling a new wave of investments by established network equipment vendors while also attracting new entrants into the space. The historically supply-driven market is today also increasingly driven by organic demand from end users”, continued Mr. Sörum.
The main RAN distributors (Ericsson, Nokia and Huawei) all play important roles as end-to-end resolution suppliers and are challenged by various smaller RAN gear suppliers. The distributors more and more pursue channel-led gross sales methods, and have developed ecosystems of cellular operators, system integrators, VARs and consulting companions to convey options to market. Berg Perception ranks Nokia as the biggest personal LTE/5G community resolution vendor with about 800 prospects and over 1,500 personal community deployments on the finish of 2024.
Quite a lot of small cell and different RAN gear suppliers provide aggressive LTE/5G radio merchandise and in some circumstances full personal community choices, together with Airspan Networks, Askey, Baicells, Benetel, Cablefree, Celona, Firecell, GXC, JMA Wi-fi, Mavenir, Samsung Networks, Sercomm, Star Options and ZTE. Essential specialised core community software program distributors embody Cisco, Cumucore, Druid Software program, Expeto, Freeway 9, HPE and Microsoft. In whole, RAN and EPC/5GC choices for personal networks can be found from over 60 distributors.
In response to Berg Perception, the introduction of as-a-service enterprise fashions is at the moment one of many strongest traits, together with the elevated virtualization of community features, implementation of the O-RAN idea in radio merchandise and launch of impartial host community options. Different key traits recognized by the analysis agency that might considerably impression personal LTE/5G community adoption embody regulatory adjustments and rising applied sciences corresponding to Wi-Fi 7 and community slicing, which can function potential substitutes for personal mobile networks.
