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Private LTE and 5G networks to create $5bn ripple effect says Omdia

2021-02-09 01:00:00| Total Telecom industry news

The truth about private LTE and 5G networks, however, is that they are not important for the network itself but rather for what it enables. While the private networks market – consisting of RAN, core networking equipment, and professional and managed services – will be worth $5 billion by 2025, it triggers associated expenditure in services such as security, integration and IoT applications.   99% of enterprises buying into private networks plan to buy additional services, according to recent Omdia intelligence gathered across 7 countries and 6 industries…read more on TotalTele.com »

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