Private 5G/LTE growing more slowly than expected
Private 5G/LTE networks for the enterprise are becoming increasingly common, but a new forecast from tech analyst firm IDC has found that several headwinds exist for the technology, which could slow its adoption over the next 18 to 24 months.
The report, authored by IDC research manager Patrick Filkins, predicted that private cellular networking infrastructure sales will grow from $2.4 billion in global revenue this year to $5.3 billion in 2027.
The use cases for private cellular networks are numerous and varied, according to IDC, encompassing everything from wide-area applications like grid networks for utility systems and transport networks to local networks for manufacturing facilities or warehouses.