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76% of Manufacturers Plan to Use Private 5G Networks by 2024, says Report

October 11, 2021

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Accedian’s new analyst research on the future of 5G in manufacturing, conducted in partnership with Analysys Mason, found that while 76% of manufacturers plan to use private 5G locally by 2024, key barriers to adoption include management complexity, difficulty of deployment and high costs.

Manufacturing holds extreme promise in being transformed through 5G network adoption. As a sector largely reliant on the quality of connections between technologies and machines, 5G can expedite processes, reduce latency, enable automation and the adoption of artificial intelligence (AI), robotics and augmented reality (AR). Most manufacturers agree that high reliability (82%), security (78%) and support for low-latency applications (75%) make a 5G private network an attractive choice.

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