In the era of constant connectivity, private LTE and 5G networks have the potential to become the preferred approach to deliver wireless connectivity for a host of environments and use cases. Some of the most notable examples include critical communications, industrial IoT, enterprise and campus environments and public venues like stadiums and transportation hubs.
In fact, according to a new report from SNS Telecom & IT, the private LTE and 5G network market is expected to reach $4.7 Billion in annual spending by the end of 2020, and further, the market will only continue to grow, eventually racking up nearly $8 billion by the end of 2023.
