Global spending on private 4G and 5G infrastructure will surge from $1.7 billion in 2021 to $8.3 billion by 2026 – an annual growth rate of 35.7%.
A study by IDC says that growing awareness and emerging use cases for private cellular networks is driving the uptake, with 5G starting to become a factor in a market that is still driven by the LTE standard.
A private 4G or 5G network provides dedicated access to a specific customer, using either licensed, unlicensed or shared spectrum, with no resources shared by any third party.
