| Study Period | 2023 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Historical Data Period | 2023 - 2023 |
| CAGR | 23.78 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
US Private LTE And 5G Network Market Analysis
The US Private LTE And 5G Network Market is expected to register a CAGR of 23.78% during the forecast period.
The U.S. Private LTE and 5G Network Market is growing steadily, driven by the rising demand for secure and high-speed connectivity across various industries. Private 5G networks improve connectivity by offering low latency, higher bandwidth, and enhanced security. These features enable efficient industrial operations, real-time automation, and better decision-making, particularly in manufacturing, healthcare, and transportation.
- The adoption of Industry 4.0 and 5.0 practices has significantly increased the demand for private LTE and 5G solutions. Enterprises in manufacturing and logistics are using these networks to improve operations, automate workflows, and ensure reliable connectivity for critical tasks. Compared to traditional Wi-Fi or public networks, private LTE and 5G systems offer better security, broader coverage, higher reliability, and customizable performance, making them a preferred choice for industries with strict connectivity and security requirements.
- Additionally, private networks are critical for IoT integration, edge computing, and advanced analytics. They provide a secure and dedicated communication infrastructure that supports essential applications like smart grids, autonomous operations, and predictive maintenance, driving market growth.
- Private 5G networks are designed to support advanced use cases such as robotic automation, real-time video surveillance, and connected assets. While initial deployment involves high costs, businesses increasingly recognize the long-term benefits, including improved efficiency, scalability, and enhanced security.
- The growing adoption of enterprise IoT and rapid digitization across industries have further driven the need for private LTE and 5G systems. For example, sectors like manufacturing and energy rely on private networks for low-latency communication and seamless real-time data exchange.
- Competition in the private LTE and 5G market remains strong, with significant investments to gain market share. As industries adopt digitization and advanced automation, private LTE and 5G networks are expected to proliferate, creating new opportunities for market expansion and technological innovation.
US Private LTE And 5G Network Market Trends
Services Segment Expected to Witness Significant Growth
- The U.S. Private LTE and 5G Network Market is experiencing significant growth, with the services segment emerging as the fastest-growing category. This growth is driven by the increasing need for deployment, network management, and optimization services as enterprises adopt private LTE and 5G networks to address their connectivity requirements.
- Private LTE and 5G services are designed to deploy, manage, and maintain networks tailored to specific enterprise needs. The complexity of integrating 5G infrastructure with existing systems has led businesses to rely on professional services to ensure efficient operations and optimal performance.
- The demand for managed services is also rising as enterprises seek ongoing support, including monitoring, security management, and network optimization. Managed service providers (MSPs) are critical in ensuring network reliability and low latency, enabling businesses to focus on their core activities without managing complex network infrastructure.
- According to GSMA, the United States is expected to achieve a 95% share of 5G mobile connections by 2030. This growth highlights the country's quick adoption of 5G technology, supported by significant investments in private LTE and 5G networks, driven by strong demand across various industries.
- Another factor contributing to the growth of the services segment is the adoption of network-as-a-service (NaaS) models. These solutions allow enterprises to scale their private network capabilities without significant upfront investments, making advanced connectivity more accessible and cost-effective.
- The services segment is expected to grow substantially as enterprises increasingly depend on specialized expertise to deploy, monitor, and optimize their private LTE and 5G networks. With the continued adoption of advanced technologies and digital transformation initiatives, the services segment will remain a key driver of growth in the U.S. Private LTE and 5G Network Market.
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Unlicensed/Shared Spectrum Segment Set to Dominate the Market
- The unlicensed/shared spectrum segment has become a key contributor to the U.S. private LTE and 5G network market, driven by initiatives such as the Citizens Broadband Radio Service (CBRS) and advancements in shared spectrum technologies. Enterprises increasingly adopt this cost-effective approach to deploy private networks, providing reliable, secure, and customizable connectivity without significant financial challenges.
- Cost-effectiveness remains a key driver of adoption. Unlicensed/shared spectrum solutions provide a lower-cost alternative to licensed spectrum, enabling small and mid-sized enterprises to adopt private networks without substantial capital investment.
- The segment is experiencing growing demand from smart factories, warehouses, and campus environments, where unlicensed/shared spectrum supports seamless communication and the integration of connected devices. The scalability and flexibility of shared spectrum solutions further drive adoption, allowing enterprises to deploy and expand networks per their changing operational needs.
- Regulatory support continues to play a critical role in the segment's growth. For instance, in November 2024, The FCC has approved SpaceX to provide satellite direct-to-cellular services in collaboration with T-Mobile. This marks the FCC's first authorization of supplemental coverage from space (SCS), where satellites directly connect with standard cell phones using the mobile network operator (MNO) spectrum to extend the MNO's network coverage. In March, the FCC implemented a new regulatory framework, the first of its kind, to enable SCS operations.
- The unlicensed/shared spectrum segment is expected to maintain its leading position in the U.S. private LTE and 5G network market. This segment is supported by regulatory initiatives, ongoing technological advancements, and increasing enterprise adoption. It is anticipated to drive further innovation and growth across key industries, solidifying its role as a cornerstone of the market's expansion.
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US Private LTE And 5G Network Industry Overview
Technological advancements, increasing enterprise adoption, and the growing use of shared spectrum solutions drive competition in the U.S. Private LTE and 5G Network Market.
Key players such as Verizon Communications, AT&T, Nokia, Cisco Systems, Inc., and Broadcom Inc. dominate the market by offering comprehensive network solutions tailored to enterprise requirements.
Market participants differentiate themselves through customized solutions, managed services, and the adoption of network-as-a-service (NaaS) models. The introduction of CBRS and shared spectrum has enabled cost-effective private network deployments, intensifying competition among established companies and new entrants.
With ongoing innovation and the integration of advanced technologies, the U.S. Private LTE and 5G Network Market is projected to experience further growth and strategic developments, creating opportunities for established players and new entrants.
US Private LTE And 5G Network Market Leaders
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Verizon Communications Inc.
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At&t Inc.
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Cisco Systems, Inc.
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Broadcom Inc.
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Nokia Corporation
- *Disclaimer: Major Players sorted in no particular order
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US Private LTE And 5G Network Market News
- September 2024: Verizon Communications has agreed to sell 6,339 mobile phone towers to infrastructure firm Vertical Bridge for USD 3.3 billion. As part of the agreement, Verizon will lease back the towers, enabling the company to reduce operational costs while maintaining its network coverage. The transaction is expected to be completed by the end of 2024.
- June 2024: Accenture has announced plans to acquire Fibermind to expand its fiber and mobile 5G network services capabilities. This acquisition is expected to strengthen Accenture's service portfolio within the Telecommunications sector, which continues to experience rapid advancements.
- May 2024: T-Mobile announced plans to acquire most of U.S. Cellular's wireless operations and specific spectrum assets in a USD 4.4 billion transaction. This acquisition is expected to strengthen T-Mobile's network capacity and extend its customer base, particularly in rural markets. Subject to regulatory approvals, the transaction is projected to close by mid-2025.
US Private LTE And 5G Network Industry Segmentation
Private LTE and 5G networks are dedicated networks designed for enterprises to connect their personnel and devices effectively. This infrastructure gives enterprises complete control, enabling them to customize the network to meet specific operational requirements.
The US private LTE and 5g network market is segmented by component (hardware, software, services), by frequencies (mmWave, sub-6 GHz), by spectrum (licensed, unlicensed/shared), by industry verticals (defense, energy and utilities, healthcare, manufacturing, mining, oil & gas, public safety, retail, smart cities, transportation & logistics, and others).
The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Component | Hardware |
| Software | |
| Services | |
| By Frequencies | mmWave |
| Sub-6 GHz | |
| By Spectrum | Licensed |
| Unlicensed/Shared | |
| By Industry Verticals | Defense |
| Energy & Utilities | |
| Healthcare | |
| Manufacturing | |
| Mining | |
| Oil & Gas | |
| Public Safety | |
| Retail | |
| Smart Cities | |
| Transportation & Logistics | |
| Other |
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US Private LTE And 5G Network Market Research FAQs
What is the current US Private LTE And 5G Network Market size?
The US Private LTE And 5G Network Market is projected to register a CAGR of 23.78% during the forecast period (2025-2030)
Who are the key players in US Private LTE And 5G Network Market?
Verizon Communications Inc., At&t Inc., Cisco Systems, Inc., Broadcom Inc. and Nokia Corporation are the major companies operating in the US Private LTE And 5G Network Market.
What years does this US Private LTE And 5G Network Market cover?
The report covers the US Private LTE And 5G Network Market historical market size for years: 2023 and 2024. The report also forecasts the US Private LTE And 5G Network Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
US Private LTE And 5G Network Industry Report
Statistics for the 2025 US Private LTE And 5G Network market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. US Private LTE And 5G Network analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
