[Latest] Global Private 5G Network Market Size/Share Worth USD 102.52 Billion by 2034 at a 40.2% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

Austin, TX, USA, April 23, 2025 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Private 5G Network Market Size, Trends and Insights By Type (Hardware, Software, Services), By Frequency (Sub-6 GHz, mmWave), By Spectrum (Licensed, Unlicensed/Shared), By Application (Manufacturing, Energy & Utilities, Transportation & Logistics, Defense, Enterprises & Campus, Mining, Healthcare/Hospitals, Oil & Gas, Retail, Agriculture, Smart Cities, Entertainment/Program Making & Special Events (PMSE), Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034“ in its research database.

“According to the latest research study, the demand of global Private 5G Network Market size & share was valued at approximately USD 3.55 Billion in 2024 and is expected to reach USD 4.90 Billion in 2025 and is expected to reach a value of around USD 102.52 billion by 2034, at a compound annual growth rate (CAGR) of about 40.2% during the forecast period 2025 to 2034.”

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Private 5G Network Market Overview

The private 5G market is expanding fast as companies increasingly require secure, low-latency, and specialized connectivity to empower digital transformation. Manufacturing, logistics, mining, and healthcare industries are adopting private 5G networks for automation, real-time monitoring, and improved data analysis. In Germany alone, the government has granted thousands of permits for local use of 5G to firms to spur innovation in industrial IoT and smart factories.

Likewise, Japan’s “Beyond 5G Promotion Strategy” is focusing on enterprise deployment of private networks in pursuit of industry competitiveness and innovation. In the US, technology majors are joining forces with telecommunication operators to offer private 5G-as-a-service, making the technology accessible to mid-sized businesses. These initiatives are a part of an international shift in which the public and private sectors collaborate to bring flexible, high-performance connectivity as per enterprise requirements.

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Private 5G Network Market Growth Factors and Dynamics

• Increasing Industrial Automation Requirement: Industrial automation involves integrating the latest technologies like robotics, IoT, and AI to streamline manufacturing and production processes. Private 5G networks provide the high-speed, low-latency, and reliable connectivity needed to sustain these technologies, facilitating real-time data exchange and control in industries. For example, in January 2025, Siemens increased its industrial-grade private 5G infrastructure capacity to handle as many as 24 radio units—each on a 5,000 m² coverage area—delivering secure, mission-critical connectivity for massive industrial zones. First launched in Germany in 2023, it’s currently available in six European countries and Brazil, with another global launch planned for 2025. With the compact Scalance MUB852-1 5G router, the solution is a plug-and-play integration into Siemens automation, offering manufacturers in the pharma, mining, food and beverage, and other industries a secure, scalable, and user-friendly network for integrating smart devices and making real-time decisions.

• Random Data Security Risks: The more businesses handle higher volumes of sensitive data, the more fears of data breaches and cyberattacks have escalated. Private 5G networks guarantee enhanced security alternatives, allowing businesses to gain greater control of their network equipment and data, thus limiting possible risk. For example, in March 2025, a Trend Micro and CTOne’s report states that although increased adoption of AI-based security products is observed, most organizations do not have the CT capabilities to protect private 5G networks. Though increased adoption is witnessed in vertical industries such as energy, healthcare, and manufacturing, high costs, false positives, and the absence of internal skills are concerns that remain. Only 20% of these industries have CT security teams, typically relying on CTOs or CIOs for management, despite their tight budgets. The study demands a combination of AI and deep technical expertise to secure it effectively. CTOne offers AI-driven solutions to fill the skills gap and improve security for private 5G networks.

• Smart Infrastructure Projects: Smart infrastructure projects involve the use of digital technology to integrate with physical infrastructure, like transport systems and utilities, to support efficiency and service delivery. Private 5G networks provide the basis for these kinds of projects, which have high-capacity and high-reliability connectivity. For example, in April 2025, U Mobile picked Huawei and ZTE to construct Malaysia’s second 5G network, to cover 80% of the population in the first year and 90% of inhabited places in the second year, undercutting state-run Digital Nasional Bhd (DNB).The move to collaborate with the Chinese suppliers followed a tender process in which only Huawei and ZTE replied to U Mobile’s tender invitation. U Mobile’s 5G network will focus on major sites such as transportation centers, hospitals, smart cities, and data centers, with plans for complete indoor coverage. The action comes on the heels of the government’s plan to end DNB’s monopoly and bring in competition in the 5G market, with U Mobile set to finish the rollout by mid-2026 without further government injections.

Report Scope