Private 5G Network Market Size Is Anticipated To Reach USD 14.28 Billion By 2028
San Francisco, 17 Dec 2021: The Report Private 5G Network Market Size, Share & Trends Analysis Report By Frequency (Sub-6 GHz, mmWave), By Spectrum (Licensed, Unlicensed/Shared), By Component (Hardware, Services), By Vertical, And Segment Forecasts, 2021 - 2028 The global private 5G network market size is estimated to reach USD 14.28 billion by 2028, registering a CAGR of 39.7% from 2021 to 2028, according to a new study by Grand View Research, Inc. Significantly growing demand for ultra-reliable low-latency connectivity with an extremely secure network across several mission-critical applications, such as public safety, is expected to boost the deployment of private 5G networks during the forecast period. Moreover, a wide range of industries, including manufacturing, oil & gas, mining, and energy & utility, are investing a massive amount in deploying private 5G telecom service to enhance their overall productivity and operational efficiency. As a result, it is expect