Mobileum Blog How Private 5G Networks Are Reshaping Telecom

  The global private 5G network market is expected to explode to $36.08 billion and a 47 percent compound annual growth rate (CAGR) by 2030 as advanced 5G private network use cases roll out, and the full potential of 5G is realized. Mobile network operators (MNOs) have driven worldwide wireless network adoption, with continuous improvements from 2G to 3G and then 4G/LTE. However, 5G will enable many new potential areas of growth—but also lower the barrier to entry for new competitors. How MNOs leverage this 5G opportunity while protecting and growing their mobile network market share remains to be determined as they explore this new frontier.