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Private 5G Market Surges, Forecast to Reach $12 Billion by 2030
The private LTE/5G network market is experiencing meaningful growth, driven by increasing demand from enterprises and government organizations. A recent report by Berg Insight forecasts the total market value for private LTE/5G network solutions to reach US$12 billion by 2030, growing at a compound annual growth rate (CAGR) of 38% from a base of US$2.4 billion in 2025.
Market Segmentation: Enterprise vs. Wide-Area Networks
Berg Insight divides the private LTE/5G network market into two primary segments: enterprise networks and wide-area networks (WANs). Enterprise networks typically cover smaller areas,such as single buildings or mid-sized cities,while wans extend across larger geographical regions,including entire countries. WANs are commonly deployed by government entities and utility companies for critical communications infrastructure.