Worldwide Private LTE/5G Networks Market Trends and Forecasts Report 2021: Market will Generate $5 Billion in Network Spend in 2026 & Manufacturing will Account for Over 40% of this Spending

Dublin, June 24, 2021 (GLOBE NEWSWIRE) -- The "Private LTE/5G Networks: Worldwide Trends and Forecasts 2021-2026 " report has been added to ResearchAndMarkets.com's offering.

This report provides a forecast for the number of private LTE/5G networks that will be deployed between 2021 and 2026 and the corresponding spend (capex and opex) on those networks. It provides a breakdown and analysis of trends by industry sector and by region.

Key Metrics

• Number of private LTE/5G networks

• Capex forecast

• Opex forecast

Number of networks and spend (capex and opex) by sector:

• Manufacturing

• Transport

• Mining, oil and gas

• Utilities

• Public sector

• Entertainment and retail

• Healthcare

Who Should Read this Report

This report addresses the requirements of executives and analysts that are assessing the demand for private LTE/5G networks. These include:

• Senior executives of IoT and enterprise business units

• Senior executives responsible for R&D and network innovation

• Market analysts responsible for market sizing.

Key Topics Covered:

Worldwide trends

• Worldwide: the number of private LTE/5G networks will grow from a smallbase of several hundred networks in 2019 to 20 600 by the end of 20267. Worldwide: the manufacturing sector will account for the largest share (40%) of private LTE/5G networks in 2026 followed by the mining, oil and gas sector (22%)

• Worldwide: in 2026, most networks will be deployed in emerging Asia-Pacific, driven by China and its government's investment in industrial transformation

• Worldwide: combined capex and opex from private LTE/5G networks worldwide will reach USD5 billion by 2026

• Worldwide: private LTE/5G network capex will grow to USD3.1 billion worldwide in 2026 and network opex will reach USD1.9 billion

• Worldwide: the manufacturing sector will account for most of the spend on private LTE/5G networks in 2026 followed by the mining, oil and gas sector

• Worldwide: enterprises in emerging Asia-Pacific will account for 47% of spend on private LTE/5G networks in 2026 thanks to China's leadership

Sector trends

• Sector trends: the manufacturing sector is an early adopter of private LTE/5G networks, driven by requirements for mobility and cost-effective overlay networks

• Sector trends: the regional distribution of private LTE/5G networks deployed in the transport sector will remain relatively constant over the forecast period

• Sector trends: the mining, oil and gas sector provides opportunities for larger private LTE/5G networks

• Sector trends: smart grid and public safety initiatives are creating demand for private LTE and 5G networks in the utilities and public sectors

• Forecast methodology and assumptions

• Definitions

• Methodology: Private LTE/5G forecast methodology

• Worldwide: supply-side barriers for private LTE/5G networks

For more information about this report visit https://www.researchandmarkets.com/r/jbynek

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900