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Demand for private 4G and 5G set to create multi-billion-dollar market by 2024

January 19, 2021

Via: TechRadar
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Demand for private cellular networking equipment to support mission critical applications will see the market reach $5.7 billion by 2024, according to a new study by IDC.

A private cellular network is one that provides dedicated access to a specific customer, using either licensed, unlicensed or shared spectrum, with no resources shared by any third party.

By pursuing this route, customers can define the scale, pace of rollout, and technology used, while guaranteeing a certain level of performance for their applications.

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