target audience: TECH SUPPLIER Publication date: Aug 2023 - Document type: Market Perspective - Doc Document number: # US51052723
Updated Worldwide Private 4G/5G Network Market Insights from 1H23 Publicly Announced Contracts
This IDC Market Perspective examines the private mobile network contracts officially announced during 1H23 with comparisons to previous data. The contracts provide a view into the differences in private 4G/5G network deployments by geographic region, technology, and vertical market and, most importantly, for mobile operators, whether the contract includes the involvement of a communications service provider and managed services component.
"The private mobile network market is still in its infancy stage and growing, with mobile service providers being one of many players trying to gain market share and establish themselves as market leaders," says Jitesh Bhayani, research vice president for Worldwide Telecommunications Services at IDC. "The 2022 and 2023 contracts that have been openly discussed offer clues for mobile operators to strategize and position themselves to gain market share in private 4G/5G networks as the competitive landscape and service demands continue to evolve."