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Posted January 14th, 2021 for IDC FRAMINGHAM, Mass., January 14, 2021 – A new report from International Data Corporation ( IDC ) presents IDC s inaugural forecast for the worldwide Private LTE/5G infrastructure market for the period 2020–2024. Private LTE/5G infrastructure is any 3GPP-based LTE and/or 5G network deployed for a specific enterprise/industrial customer that provides dedicated access. It includes networks that may utilize dedicated (licensed, unlicensed, or shared) spectrum, dedicated infrastructure, and private devices embedded with unique SIM identifiers. Private LTE/5G infrastructure carries traffic native to a specific organization, with no shared resources in use by any third-party entities. Worldwide revenue attributable to the sales of private LTE/5G infrastructure will grow from $945 million in 2019 to an estimated $5.7 billion in 2024 with a 5-year compound annual growth rate (CAGR) of 43.4%. This includes aggregated spending on R ....
3 months ago FRAMINGHAM, Mass.–(BUSINESS WIRE)–#5G–A new report from International Data Corporation (IDC) presents IDC’s inaugural forecast for the worldwide Private LTE/5G infrastructure market for the period 2020–2024. Private LTE/5G infrastructure is any 3GPP-based LTE and/or 5G network deployed for a specific enterprise/industrial customer that provides dedicated access. It includes networks that may utilize dedicated (licensed, unlicensed, or shared) spectrum, dedicated infrastructure, and private devices embedded with unique SIM identifiers. Private LTE/5G infrastructure carries traffic native to a specific organization, with no shared resources in use by any third-party entities. Worldwide revenue attributable to the sales of private LTE/5G infrastructure will grow from $945 million in 2019 to an estimated $5.7 billion in 2024 with a 5-year compound annual growth rate (CAGR) of 43.4%. This includes aggregated spending on ....