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Private 5G will ‘not reach potential’ – even as spending jumps 800% to $9bn by 2028

January 23, 2024

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Just to muddy the water, already stirred-up with competing analyst forecasts; the number of private LTE/5G networks worldwide will grow from over 4,000 in 2022 to over 60,000 in 2028, reckons research company Analysys Mason. Enterprise spending on private networks will increase from $1 billion in 2022 to $9.2 billion in 2028, it says. The figures, just in, suggest growth of 1,400 percent in total network deployments in the period, and of 800 percent in annual network spend.

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