The global private 5G market is better evaluated as representing sales of local area network infrastructure than connectivity provider services, even if there is overlap between the two markets.
Private 5G and private 4G also are going to be associated with edge computing, as such networks will be installed to support on-premises data devices and workloads. Whether for process control or other value-enhancing functions, private networks often will be viewed as valuable for the ability to assess trends in real time or nearly in real time, without delay.
The 5G portion of the private networks market is estimated to be $924 million in 2020, growing at a 40-percent compound annual growth rate to 2028, when annual sales might reach $13.92 billion.
That is best underwood as the value of infrastructure products and services sold to enterprises running such networks, even if there will be some connectivity provider revenue when acting as system integrators, and a bit of additional connectivity revenue overall.
source: Polaris Market Research
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