What is the Private Networks opportunity?

Telecoms.com periodically invites expert third parties to share their views on the industry’s most pressing issues. In this piece Francesca Greane, Marketing, Content and Community Lead for 5G World 2020, discusses the private network opportunity.

According to new private research by Omdia with enterprises in North America and Europe, 9 out of 10 enterprises want someone to manage their sprawling and increasingly wireless LAN estates. This represents $18.5 billion in annuity revenues in 2020, with more growth to come. Clearly, the appetite for private 5G and LTE networks is there, but why?

Part of the answer is data; a growing commodity for enterprises. Accordingly, safeguarding data is increasingly a top priority for industries from oil and gas to manufacturing and mining. Private networks offer enterprises a way to keep their data protected and on-premise, and also promise to provide the superior connectivity needed to power industrial IoT and massive M2M communications enabling productivity gains and operational cost savings.

As connectivity experts, mobile operators are poised to capitalise on this lucrative market but there are obstacles to overcome and questions to answer.

Discover the emerging private networks opportunity in our upcoming webinar (June 4^th, 4pm GMT)

Register for free today and join us for a deep dive into the questions mobile operators are asking as they prepare to capture the private networks market.

To gain more insights around the future of 5G, claim your FREE ticket to 5G World 2020 (1-3 September, ExCel, London).

With access to three days of content from industry-leading speakers, networking opportunities and 5,000+ tech and telecoms professionals, and the opportunity to meet with hundreds of service providers looking to invest in a new partner, don’t miss out on claiming your free ticket now by clicking HERE.