Market Trends

Pioneering Reports on CBRS & Private LTE/5G Networks Unveiled for Industry Stakeholders

DUBLIN, April 1, 2024 /PRNewswire/ -- ResearchAndMarkets.com has significantly enhanced its offerings with the addition of the insightful "CBRS & Private LTE/5G Networks: 2023-2030: Opportunities, Challenges, Strategies & Forecasts - 2 Report Package" from SNS Telecom & IT to its extensive collection of research materials.

The voluminous compilation, spanning over 3,000 pages, offers two meticulously crafted reports that dissect the nuances of CBRS and private cellular networks. The package serves as a comprehensive tool, presenting an all-encompassing examination of market dynamics, including key drivers, potential obstacles, innovative technologies, diverse operating and business models, specific industry verticals, various application scenarios, and key trends.

Uncovering CBRS and Private LTE/5G Networks

This package includes two pivotal reports:

1. LTE & 5G NR-Based CBRS Networks: 2023 - 2030 - Opportunities, Challenges, Strategies & Forecasts
2. Private LTE & 5G Network Ecosystem: 2023 - 2030 - Opportunities, Challenges, Strategies, Industry Verticals & Forecasts

Each report serves as a treasure trove of valuable insights, laying out a thorough analysis of both CBRS and private LTE/5G markets. These reports encapsulate the value chain, scrutinize adoption barriers, investigate enabling technologies, and explore multifaceted business models. They also delve into application scenarios across different vertical industries, future market directions, standardization processes, spectrum accessibility, regulatory frameworks, and in-depth case studies.

Furthermore, these reports delineate profiles of key ecosystem players and strategize forecasts for both network infrastructure and terminal equipment from 2023 through to 2030. Complementing the detailed qualitative assessments, the reports are paired with an Excel datasheet suite that meticulously quantifies all numeric forecasts presented within.

The datasheet suite is a consolidation of two comprehensive databases tracking over 800 LTE/5G NR-based CBRS network installations and more than 6,400 global private LTE/5G engagements, serving as an invaluable resource for stakeholders in the sector.

A Deep Dive into CBRS Success in the United States

After extensive regulatory, standardization, and technical implementation activities, the United States' pioneering commercial venture with a dynamic three-tiered, hierarchical framework to coordinate shared use of 150 MHz in the 3.5 GHz CBRS band has reached a notable landmark of achievement.

Boasting neutrality in access technology, the CBRS adoption is being led by the 3GPP cellular wireless ecosystem. This pioneering approach has resulted in the impressive feat of over half of all CBSDs, or Citizens Broadband Radio Service Devices, leveraging LTE and 5G NR air interface technologies.

LTE Deployments Surging Forward

A significant surge in LTE-based CBRS network deployments is evidenced by hundreds of thousands of cell sites operating in both the General Authorized Access (GAA) and Priority Access License (PAL) spectrum tiers. These deployments are not only supporting enhanced mobile network density but extending far-reaching benefits, like Fixed Wireless Access (FWA) for rural communities, offloading Mobile Virtual Network Operators (MVNOs), and bolstering neutral host small cells for in-building coverage, along with powering private cellular networks for a broad spectrum of applications including IIoT, enterprise connectivity, distance learning, and smart city initiatives.

5G NR Networks Setting the Stage for Future Innovations

Moreover, the commercial rollout of 5G NR equipment in the CBRS band marks the dawn of a new era, laying the groundwork for advanced application scenarios demanding heightened performance in bandwidth, responsiveness, reliability, availability, and other critical factors.

Seeking to support Industry 4.0 applications such as connected machinery, mobile robotics, Automated Guided Vehicles (AGVs), and Augmented Reality (AR)-assisted troubleshooting, examples of these state-of-the-art installations include luxury automaker BMW Group's industrial-grade 5G network at its Spartanburg plant in South Carolina to the U.S. Navy's autonomous private 5G network at the NAS Whidbey Island. Additionally, communications giants like Comcast and Charter are building upon the potential of strand-mounted CBRS radios for 5G RAN, and Verizon is propelling the movement further with their 5G NR-equipped CBRS small cells to enhance their 5G service deployment across C-band and mmWave spectrums.

Financial Forecast and Market Growth Trajectory

The projected financial outlay in LTE and 5G NR-based CBRS RAN, mobile core, and transport network infrastructure was an astronomical $900 million in 2023. Further propelled by an ever-expanding spectrum of 3GPP Band 48/n48-compatible devices, the market is predicted to witness an approximately 20% growth annually over the next three years, crossing the $1.5 billion mark in annual spending by 2026. This impending growth spurt is largely driven by the continuous deployment of private cellular, neutral host, and fixed wireless broadband networks, along with ever-evolving 5G infrastructures striving to economize on cable operators' MVNO services.

Parallel to the CBRS growth, the wider global marketplace for private cellular networks is advancing with relentless vigour, catering to a plethora of use cases across diverse industry segments. This ranges from localized wireless setups in factories, mines, and hospitals to vast, regional, and national-scale private wireless broadband networks for utility services. Additionally, the marquee deployments include FRMCS-ready networks aimed at enhancing train-to-ground communications, as well as hybrid government-commercial LTE networks dedicated to public safety.

Revolutionary Impact on Industry 4.0

Spanning across various geographical and extraterrestrial boundaries, the adoption of custom-built networks has even reached remote locations like Antarctica, with ambitious plans afoot for lunar and space installations.

The global expenditure on private 5G and 4G LTE network infrastructures catering to vertical industries is anticipated to flourish at an approximate CAGR of 18% over the next three years, with projections suggesting a staggering investment exceeding $6.4 billion by the end of 2026. A solid 40% of this investment, roughly amounting to $2.8 billion, is foreseen to be channeled towards the development of standalone private 5G networks. These advancements are geared to become the wireless communications backbone supporting the revolution in digitization and automation of manufacturing and process industries under Industry 4.0.

It is projected that the exponential growth of private cellular networks will ultimately rival the public mobile operator infrastructure in terms of market size by the late 2020s, showcasing a transformative landscape in the global communication ecosystem.

Key Topics of Industry-Leading Reports

The diligently curated report package showcases diverse and pivotal chapters that detail various aspects of the private LTE/5G networks:

Report 1: The Private LTE & 5G Network Ecosystem

1. Introduction to Private LTE & 5G Networks
2. Overview of Private LTE & 5G Networks
3. System Architecture & Technologies
4. Key Vertical Industries & Applications
5. Spectrum Availability, Allocation & Usage
6. Standardization, Regulatory & Collaborative Initiatives
7. Global Review of Private LTE/5G Installations
8. Case Studies of Private LTE/5G
9. Key Ecosystem Players
10. Market Sizing & Forecasts
11. Conclusion & Strategic Recommendations

Report 2: The Public Safety LTE & 5G Market

1. Introduction to the Public Safety LTE & 5G Market
2. System Architecture & Technologies for Public Safety Networks
3. Public Safety LTE/5G Application Scenarios & Use Cases
4. Review of Public Safety LTE/5G Engagements Worldwide
5. Case Studies of Public Safety LTE/5G
6. Spectrum Availability, Allocation & Usage for Public Safety Networks
7. Initiatives for Standardization, Regulation, and Collaboration
8. Ecosystem Players in Public Safety LTE/5G
9. Market Sizing & Forecasts for Public Safety Networks
10. Concluding Insights and Strategic Recommendations

For those seeking to gain a robust understanding of these rapidly evolving markets, the full reports are accessible at: CBRS & Private LTE/5G Networks Research

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's foremost authority for global market research reports and market data. By offering the most up-to-date data pertaining to international and regional markets, top industries, dominant companies, cutting-edge products, and the latest trends, the platform stands as a pivotal resource for its clients.

Media Contact:

For further communication and information on these reports, please contact:

• Laura Wood, Senior Manager
• email protected
• E.S.T Office Hours: +1-917-300-0470
• U.S./CAN Toll Free: +1-800-526-8630
• GMT Office Hours: +353-1-416-8900
• U.S. Fax: 646-607-1907
• Fax (outside U.S.): +353-1-481-1716

Research and Markets Logo

SOURCE: Research and Markets