Private 5G Network Market Size, Share & Trends Analysis Report By Deployment Type (On-premise, Cloud), By Organization Size (SMEs, Large Enterprises) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2025-2033

Private 5G Network Market Size

The global private 5G network market size was valued at USD 3.32 billion in 2024 and is projected to grow from USD 4.76 billion in 2025 to reach USD 84.3 billion by 2033, growing at a CAGR of 43.23% during the forecast period (2025-2033).

 Governments and regulatory bodies worldwide are endorsing the deployment of private 5G networks through favorable policies and financial incentives, accelerating market growth and encouraging adoption across various sectors.A private 5G network is a mobile network similar to a public 5G network but enables the owner to offer preferential access or licensing for its wireless spectrum. This can be advantageous when building private wireless networks at locations where coverage, speed, and security capabilities are required beyond what Wi-Fi and other network technologies can provide.

Some characteristics of private 5G are similar to commercial mobile network operators' public 5G networks. Private 5G, like all 5G networks, supplements or replaces 4G LTE as the next generation of wireless mobile technology, delivering lower latency and better throughput. Gigabit rates or data transfer speeds of up to 10 Gbps are promised by 5G networks. 5G services, both public and private, cut latency dramatically and can increase coverage to remote places.

Private 5G Network Market Growth Factor

The emergence of industry 4.0

A specialized local area network (LAN) that offers full internet access to industry, corporate, and other users is a private or non-public 5G network. Various prominent industrial players, like Mercedes Benz AG, Siemens AG, and ABB Ltd., have adopted industrial robotics and sensor-based technologies to gain higher functional effectiveness and production with industry 4.0. The above-mentioned IIoT devices rely on the private 5G network to provide a secure and seamless internet connection.

Further, demands for real-time-based networking and Time-Sensitive Networking (TSN) are fast-growing across various industries, including transportation & logistics, aerospace, oil & gas, and manufacturing. The need for a private 5G network is expected to develop significantly throughout the projection period to enable bandwidth with high-speed connection during real-time networking and time-sensitive networking across sectors.

The oil and gas industry's rapid drive to digitization has increased the demand for exceptionally dependable and protected bandwidth. As a result, interest in high secure networks is expected to rise, particularly among the Organization of Petroleum Exporting Countries (OPEC). Thus, the advent of Industry 4.0 is likely to drive market growth during the forecast period.

Development of smart infrastructure

Smart cities, for example, are conceptual models that aim to supply a combination of cutting-edge infrastructure and services. A smart city has ICT infrastructure to improve and improve the effectiveness of city activities and services. Only existing cities that adhere to the following components can be considered smart: smart utilities, smart citizen services, and smart buildings.

Smart cities deploy the Internet of Things (IoT) to collect real-time data and respond with quick and lower-cost solutions. Digital city environments, in general, are built on ICT frameworks that interconnect a variety of specialized connections of sensors, connected automobiles, mobile devices, home appliances, telecommunication gateways, and data centers.

As a result, the success of smart city projects is strongly reliant on numerous technologies cloud, data communications, sensors, and mobility that make up the Internet of Things. Due to the high need for quicker connectivity and communication, 5G standalone (SA) services may have a bright future.

Market Restraint

Stability adoption of wi-fi communication technology

Wi-Fi communications are now widely regarded as the de-facto networking technology among businesses for providing on-site mobility to employees, linked devices, guests, and contract workers. Organizations' working productivity has grown due to advancements and innovations in wireless technologies and devices. Workers' use of Wi-Fi-equipped tablets and smart devices has enhanced company efficiency. According to an Intel white paper issued in 2016, manufacturing workers and technicians have improved their productivity.

Many businesses rely on Wi-Fi equipment to run their day-to-day operations. Employees may stay connected from any part of the workplace or building due to the extensive Wi-Fi coverage. Operating costs are reduced, and a good return on investment is realized when wireless products and smart devices are installed in businesses. The various advantages of Wi-Fi technology and its widespread acceptance among companies are crucial barriers to the market's expected growth.

Market Opportunity

Network slicing to provide new opportunities for operators

The whole point is that network operators can make the most of it if they correctly identify the professional markets, their precise technical requirements in terms of data rate, tolerable latency, and the massive number of connections in sending and receiving packets, and provide them with what they need with professional service level agreements.

Even though many independent private networks service corporations, many enterprise clients are not ready to invest in and build their networks. Network-level isolated infrastructure is not relevant to them. Service level assurance is far more critical for them. This allows operators to cope with them and give Network-as-a-Service (NaaS) choices by including the 'network slicing' function, enabling the operator to ensure corporate customers have a specific degree of service by applying functional level separation.

Over LTE networks, several MNOs use a technique known as "network slicing." This feature gives the operator access to network slices in the RAN and allows them to connect the slices to respond to any application. With 5G, MNOs will more easily divide resources and deliver distinct classes of rate, range, security, and other technical details to business-critical and mission-critical use-cases.

Regional Analysis

Asia-Pacific is likely to be the largest Private 5G Network market over the forecast period. The existence of numerous businesses and their significant investments in developing automated facilities in the region are credited with the expansion. Considerable expenditure on 5G spectrum acquisition in important countries like Japan, South Korea, China, and Australia is also expected to contribute to regional market growth.

North America's Market Trends

North America is anticipated to be the second-largest private 5G network market over the forecast period. The considerable increase in expenditures by significant service providers, like Verizon Communications and AT&T Inc., for developing private 5G network infrastructure will likely help North America achieve a considerable market share. Also, top automobile manufacturers such as General Motors and Ford Motor are expected to deploy numerous industrial sensors, creating considerable growth potential in the North American region. The heaving demand for Ultra-reliable Bandwidth Low Latency Connectivity (URLLC) is likely to augment the growth of the North American market.

Component Insights

The private 5G network market has been segmented into hardware, software, and services based on components. The software component is among the predominant segments of the global market because of a strong focus on cloud-based RAN, edge, and core networks. 

Spectrum Insights

The private 5G network market has been segmented into licensed and unlicensed/shared. The unlicensed/shared spectrum segment is expected to dominate the global market during the forecast period. The rapid expansion is linked to the growing demand for low-cost, private 5G networks with high speed. Unlicensed spectrum bandwidth is widely accessible and greatly sought during massive machine-type communications.  the private 5G network market has been segmented into mmWave and Sub-6 GHz. The Sub-6 GHz segment is likely to dominate the global market during the forecast period. A mid-band and a low-band of spectrum range, mostly 6GHz and lower, are included in the sub-6 GHz frequency. South Korea, Japan, China, and the United States have recently launched sub-6 GHz frequencies to enable 5G services.

Industry vertical Insights

The private 5G network market has been segmented into manufacturing, energy and utilities, transportation and logistics, defense, enterprise and campus, mining, healthcare/hospitals, oil and gas, retail, smart cities, agriculture, and others. The manufacturing segment is expected to dominate the global market.

The high requirement for private 5G networks to give flawless connection to various devices, including extended reality headsets, Ultra-HD cameras, and automated guided vehicles (AGVs), is attributable to the growth. Moreover, the heaving demand for machines to interact continuously is likely to drive segment growth. Energy and utilities, transportation and logistics, manufacturing, government and public safety, oil and gas, mining, and aerospace and defense are among the industries that choose a private 5G network.

Due to speedy communication and interaction with immediate responders during an emergency, several governments and public safety groups have adopted a private 5G network for various uses. Furthermore, demand is likely to expand across organizations and corporations based on an increased desire to handle their data securely on their premises.

Recent Developments

• July 2024 - The installation of a 5G network at the recently constructed container terminal in Rijeka by Hrvatski Telekom (HT) represents a major advancement in the application of 5G technology in the marine sector. HT offers a turnkey, all-inclusive Managed Service for 5G communication. A.P. Moller-Maersk and the ENNA Group created Rijeka Gateway, a port operating company, and HT was chosen to design and oversee the terminal's development in Rijeka. Operations at the facility will begin in 2025.
• February 2024 -Wipro Ltd and Nokia Corporation jointly introduced a private 5G wireless solution to support businesses in their digital transformation. By integrating the 5G private network solution with the operational infrastructure of businesses, this solution will increase connectivity speed and enable real-time access to corporate data.