IDC Forecasts the Private LTE/5G Infrastructure Market to Reach $5.7 Billion in 2024 as Demand from Mission-Critical Organizations Drives Early Investment
Private LTE/5G infrastructure is any 3GPP-based LTE and/or 5G network deployed for a specific enterprise/industrial customer that provides dedicated access.
- Private LTE/5G infrastructure is any 3GPP-based LTE and/or 5G network deployed for a specific enterprise/industrial customer that provides dedicated access.
- Private LTE/5G infrastructure carries traffic native to a specific organization, with no shared resources in use by any third-party entities.
- Many organizations are deploying private LTE today, and a select few are beginning to deploy private 5G in limited instances.
- The IDC report, Worldwide Private LTE/5G Infrastructure Forecast (IDC #US47085720), presents IDC's inaugural forecast for the private LTE/5G infrastructure market.