5G Private Network Market Size and Share

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5G Private Network Market Analysis by Mordor Intelligence

The 5G Private Network Market size is estimated at USD 3.06 billion in 2025, and is expected to reach USD 18.68 billion by 2030, at a CAGR of 43.60% during the forecast period (2025-2030).

Growing preference for deterministic cellular connectivity over Wi-Fi, the global roll-out of 5G Standalone cores, and liberalized local-licence spectrum schemes underpin this expansion. Declining prices of 5G industrial IoT modules and small cells further lower entry barriers, allowing mid-tier manufacturers, ports, and utilities to justify new deployments. Strategic collaborations between network vendors and hyperscalers accelerate adoption by bundling managed services with edge compute for data-sovereign workloads. Together, these forces position the 5G private network market for sustained double-digit growth while reshaping enterprise connectivity strategies across regions and verticals.

Key Report Takeaways

  • By vertical, Manufacturing led with 33% revenue share of the 5G private network market in 2024, while Healthcare is projected to grow at a 43.94% CAGR through 2030. 
  • By component, Hardware held 48% of the 5G private network market share in 2024, but Services are anticipated to expand at a 45.22% CAGR between 2025-2030. 
  • By frequency, Sub-6 GHz accounted for 62% share of the 5G private network market size in 2024; mmWave deployments are advancing at a 44.67% CAGR over the same period. 
  • By enterprise size, Large enterprises controlled 54% of the 5G private network market in 2024, whereas SMEs are forecast to post a 44.38% CAGR to 2030.
  • By geography, North America captured 31% of the 5G private network market in 2024; Asia-Pacific is expected to record a 45.04% CAGR through 2030.

Segment Analysis

By Component: Services Expand as Integration Demands Rise

Hardware commanded 48% of the 5G private network market in 2024, reflecting the upfront spend on radios, evolved packet cores, and edge compute clusters. Yet, Services are projected to grow at a 45.22% CAGR, outpacing equipment sales as enterprises favour managed lifecycle models. Nokia finds 78% of customers achieve payback within six months when adopting a service-led rollout, thanks to faster commissioning and continuous optimisation. The shift also mirrors the spread of cloud-native orchestration, which moves value from boxes to software and support. As complexity rises, managed detection and response, performance tuning, and application onboarding become core revenue streams. Consequently, Services will narrow the revenue gap with Hardware by 2030, reshaping vendor monetisation across the 5G private network market.

Software sits between the two, providing policy control, network slicing, and digital twin analytics that translate radio data into business insights. Low-code orchestration lets OT engineers spin up slices for new production lines without ticketing an operator. Over time, Software margins are likely to exceed both Hardware and Services, but their growth pace will track platform adoption curves. Together, these dynamics ensure the 5G private network industry remains a multi-revenue-stream arena where integration value grows fastest.

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Note: Segment shares of all individual segments available upon report purchase

By Frequency: Sub-6 GHz Dominates Coverage, mmWave Fuels Capacity

Sub-6 GHz held 62% share of the 5G private network market size in 2024 because one-kilometre cell radii suit large plants, mines, and campuses. Rugged handhelds and sensors also favour mid-band because antenna footprints stay small. mmWave, while confined to tens-of-metre footprints, posts a 44.67% CAGR as factories deploy high-definition machine vision and AR maintenance at workstations. Hybrid deployments emerge, mid-band provides blanket coverage, mmWave overlays pump gigabits to assembly cells. Open-RAN roadmaps that support dual-band radios promise to simplify such mixed topologies, boosting uptake.

This nuanced spectrum play widens vendor differentiation. RAN suppliers with beamforming optimisations for reflective indoor spaces win mmWave bids, whereas incumbents strong in macro radio planning dominate Sub-6 GHz tenders. Over the forecast horizon, mmWave’s share will rise yet remain below mid-band because many brownfield plants cannot justify dense small-cell grids. Even so, the combined spectrum toolkit cements private 5G as a superior upgrade path over Wi-Fi 7 for industrial digitalisation.

By Enterprise Size: SMEs Gain Ground via Opex-Friendly Models

Large enterprises retained 54% control of the 5G private network market in 2024, but SMEs are on track for a 44.38% CAGR through 2030. Vendor financing, consumption pricing, and prefabricated edge kits reduce entry pain for smaller factories and campuses. Comcast Business proves the neutral-host approach at the University of Virginia, where multiple carriers share a single CBRS infrastructure to lower total cost. Such models let SMEs secure deterministic coverage without becoming mobile operators.

At the same time, large multinationals push complexity boundaries by deploying private 5G across dozens of plants on three continents. They require global SIM lifecycle management, roaming governance, and zero-trust overlays. Consequently, solution providers must straddle both ends of the customer spectrum, delivering simplified starter kits for SMEs and hyper-scalable orchestration for Fortune 500 clients. This duality will define competitive positioning throughout the 5G private network market.

5G Private Network Market
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Note: Segment shares of all individual segments available upon report purchase

By Vertical: Manufacturing Leads, Healthcare Accelerates

Manufacturing commanded a 33% share of the 5G private network market in 2024, anchored by proven use cases such as AGV fleet optimisation and real-time quality inspection. Predictable ROI, cyber-hardened isolation, and ease of retrofitting keep factories at the forefront of adoption. However, Healthcare tops the growth chart with a 43.94% CAGR to 2030. Europe’s Oulu Hospital demonstrates latency-sensitive patient monitoring on a standalone private 5G core, validating mission-critical reliability. Regulatory moves toward remote surgery trials further stoke demand.

Energy & Utilities, Transportation & Logistics, and Defense follow close behind, each leveraging deterministic connectivity for safety-critical controls. Southern California Edison’s grid-modernisation blueprint shows how utilities integrate LTE relay layers with 5G micro-cells for fault isolation in milliseconds. Such cross-vertical momentum broadens solution portfolios, sustaining multi-decadal opportunity across the 5G private network market.

Geography Analysis

North America captured 31% of the 5G private network market in 2024, thanks to ready CBRS spectrum, early IIoT pilots, and strong federal funding for critical-infrastructure modernisation. Manufacturing clusters in the Midwest and Gulf Coast rapidly migrate from Wi-Fi because cellular provides interference-immune mobility for autonomous robots. Public-safety agencies also invest, with Verizon offering dedicated 5G slices for first responders across 29 cities, ensuring priority communications during congestion.

Asia-Pacific is forecast to record a 45.04% CAGR, narrowing the leadership gap by 2030. Japan’s regulator issues dedicated local-licence spectrum in both Sub-6 GHz and 4.7 GHz bands, prompting more than 150 enterprise networks within two years. China pilots 5.5G (5G-Advanced) features such as deterministic scheduling and RedCap devices, underpinning large-scale campus deployments in automotive and mining. Emerging economies like India ride the Production-Linked Incentive scheme to embed private 5G in new semiconductor fabs and logistics parks, further boosting regional momentum.

Europe follows with a slower but steady uptake as spectrum fees remain higher and industrial policy varies by member state. Nonetheless, initiatives like Germany’s Industrie 4.0 subsidies and France’s smart-city pilots keep demand rising. The Port of Riga’s private 5G for autonomous sea drones proves how EU maritime corridors can extend coverage 100 miles offshore, a feat unviable with Wi-Fi links. South America and the Middle East & Africa remain in nascent stages, yet early oil, gas, and mining proofs hint at rising demand once device availability widens. Taken together, regional dynamics ensure the 5G private network market gains depth as well as breadth over the forecast horizon.

5G Private Network Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The market shows moderate consolidation; Nokia alone holds about 55% share of deployed private wireless networks, leveraging turnkey bundles spanning RAN, core, and digital-twin applications. Ericsson follows by pairing its Enterprise Wireless Solutions unit with Google Cloud and AWS Wavelength, targeting USD 1.5 billion enterprise revenue by 2027. Samsung, Huawei, and ZTE concentrate on defense, ports, and mega-factory projects, progressively eroding incumbent shares outside North America.

Strategic playbooks center on vertical-specific blueprints. Nokia curates “Factory-in-a-Box” reference architectures for automotive lines, while Ericsson pilots “Hospital-in-a-Cloud” bundles with real-time patient analytics. Hyperscalers enter via edge zones: Azure Private MEC, AWS Private 5G, and Google Distributed Cloud Host each integrate 5G core functions into existing cloud footprints. Specialists such as Celona and Betacom address the SME niche with subscription-priced CBRS kits that include SIM lifecycle management. As vendors jostle, partner ecosystems widen to cover industrial automation, security, and analytics, making solution breadth a decisive factor in the 5G private network market.

M&A and investment trends echo this convergence. In 2024, Ericsson bought a slice-management start-up to embed per-application QoS controls into its core. Huawei channelled CNY 179.7 billion into R&D, pivoting toward AI-optimised radios amid export restrictions. Meanwhile, operators like Verizon and T-Mobile launch network-slicing products for public-safety customers, blurring the line between public and private domains. Over the planning period, competitive intensity will hinge less on hardware supremacy and more on ecosystem orchestration and domain knowledge.

5G Private Network Industry Leaders

  1. Telefonaktiebolaget LM Ericsson

  2. Nokia Corporation

  3. Samsung Electronics Co., Ltd.

  4. AT&T Inc.

  5. Verizon Communications

  6. *Disclaimer: Major Players sorted in no particular order
5G Private Network Market Concentration
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Recent Industry Developments

  • June 2025: Ericsson launched “Ericsson On-Demand,” a SaaS 5G core platform with Google Cloud that bills on elastic consumption.
  • June 2025: Ericsson deployed a city-wide private 5G network in Istres, France, to support encrypted video surveillance and public-safety communications.
  • May 2025: The Freeport of Riga activated a private 5G link for cargo ships and autonomous sea drones, extending coverage 100 miles offshore.
  • February 2025: Samsung and KT deployed a private 5G network for the Korean Navy to bolster secure maritime communications.

Table of Contents for 5G Private Network Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Mature 5G SA core availability for enterprise SASE integration
    • 4.2.2 700 MHz, CBRS and local-licence spectrum liberalisation
    • 4.2.3 Falling price of 5G-Industrial IoT modules and private-RAN small cells
    • 4.2.4 Edge-native 5G network-as-a-service offers from hyperscalers
    • 4.2.5 New IT/OT cybersecurity mandates in critical infrastructure
    • 4.2.6 Vendor financing programs for brownfield industrial retrofits
  • 4.3 Market Restraints
    • 4.3.1 Scarcity of multi-band certified 5G devices for vertical-specific use cases
    • 4.3.2 Fragmented global spectrum frameworks delaying roaming interoperability
    • 4.3.3 Complex systems-integration skill gap at mid-tier integrators
    • 4.3.4 Prolonged ROI cycles for brownfield process-automation retrofits
  • 4.4 Value/Supply-Chain Analysis
  • 4.5 Technological Outlook
  • 4.6 Regulatory Landscape
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers/Consumers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitute Products
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Component
    • 5.1.1 Hardware
    • 5.1.2 Software
    • 5.1.3 Services
  • 5.2 By Frequency
    • 5.2.1 Sub-6 GHz
    • 5.2.2 mmWave (More than 24 GHz)
  • 5.3 By Enterprise Size
    • 5.3.1 Small and Medium Enterprises
    • 5.3.2 Large Enterprises
  • 5.4 By Vertical
    • 5.4.1 Manufacturing
    • 5.4.2 Energy and Utilities
    • 5.4.3 Transportation and Logistics
    • 5.4.4 Oil and Gas
    • 5.4.5 Healthcare
    • 5.4.6 Defense and Public Safety
    • 5.4.7 Enterprises and Campus
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
    • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Russia
    • 5.5.3.7 Rest of Europe
    • 5.5.4 Asia-Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 South Korea
    • 5.5.4.4 India
    • 5.5.4.5 Australia
    • 5.5.4.6 Rest of Asia-Pacific
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 United Arab Emirates
    • 5.5.5.3 South Africa
    • 5.5.5.4 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Telefonaktiebolaget LM Ericsson
    • 6.4.2 Nokia Corporation
    • 6.4.3 Huawei Technologies Co., Ltd.
    • 6.4.4 Samsung Electronics Co., Ltd.
    • 6.4.5 ZTE Corporation
    • 6.4.6 Cisco Systems, Inc.
    • 6.4.7 Juniper Networks, Inc.
    • 6.4.8 Qualcomm Technologies, Inc.
    • 6.4.9 NEC Corporation
    • 6.4.10 NTT Ltd./NTT DOCOMO
    • 6.4.11 Verizon Communications Inc.
    • 6.4.12 ATandT Inc.
    • 6.4.13 Deutsche Telekom AG
    • 6.4.14 Mavenir Systems Inc.
    • 6.4.15 Altiostar (Rakuten)
    • 6.4.16 Rakuten Symphony
    • 6.4.17 Fujitsu Limited
    • 6.4.18 Siemens AG
    • 6.4.19 Bosch Rexroth AG
    • 6.4.20 Amazon Web Services Inc.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-Need Assessment
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Global 5G Private Network Market Report Scope

A 5G private network is a secure, localized wireless network utilizing 5G technology, typically set up within a specific organization or enterprise. In contrast to public 5G networks, which are managed by mobile network providers and available to the general public, private 5G networks are customized to address the unique requirements of businesses or organizations. This customization provides these entities with heightened control, improved security, and tailored performance.

The study tracks the revenue accrued through the sale of 5G private network components by various players across the globe. The study also tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period. The study further analyses the overall impact of COVID-19 aftereffects and other macroeconomic factors on the market. The report’s scope encompasses market sizing and forecasts for the various market segments.

The 5G private network market is segmented by component(hardware, software, and services), frequency (sub 6 GHz and mmWave), enterprise size (small & medium enterprises and large enterprises), vertical (manufacturing, energy & utilities, transportation & logistics, defense, enterprises & campus, healthcare, oil & gas, and others), and geography (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America). The market sizes and forecasts regarding value (USD) for all the above segments are provided.

By Component Hardware
Software
Services
By Frequency Sub-6 GHz
mmWave (More than 24 GHz)
By Enterprise Size Small and Medium Enterprises
Large Enterprises
By Vertical Manufacturing
Energy and Utilities
Transportation and Logistics
Oil and Gas
Healthcare
Defense and Public Safety
Enterprises and Campus
By Geography North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Spain
Russia
Rest of Europe
Asia-Pacific China
Japan
South Korea
India
Australia
Rest of Asia-Pacific
Middle East and Africa Saudi Arabia
United Arab Emirates
South Africa
Rest of Middle East and Africa
By Component
Hardware
Software
Services
By Frequency
Sub-6 GHz
mmWave (More than 24 GHz)
By Enterprise Size
Small and Medium Enterprises
Large Enterprises
By Vertical
Manufacturing
Energy and Utilities
Transportation and Logistics
Oil and Gas
Healthcare
Defense and Public Safety
Enterprises and Campus
By Geography
North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Spain
Russia
Rest of Europe
Asia-Pacific China
Japan
South Korea
India
Australia
Rest of Asia-Pacific
Middle East and Africa Saudi Arabia
United Arab Emirates
South Africa
Rest of Middle East and Africa
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Key Questions Answered in the Report

What is the current value of the 5G private network market?

The 5G private network market size is USD 3.06 billion in 2025.

How fast will the market grow over the next five years?

The market is expected to register a 43.6% CAGR, lifting revenue to USD 18.68 billion by 2030.

Which segment of the market is expanding the quickest?

Services, covering integration and managed operations, are forecast to grow at a 45.22% CAGR.

Why are manufacturers early adopters of private 5G?

Deterministic connectivity improves robotic automation, asset tracking and quality control, delivering clear ROI.

What spectrum bands do enterprises prefer?

Sub-6 GHz delivers broad coverage, while mmWave satisfies ultra-high-bandwidth tasks such as AR and machine vision.

Can small and medium enterprises afford private 5G?

Yes. Financing programs and network-as-a-service models reduce capex, enabling SMEs to adopt at a 44.38% CAGR pace.

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