Asia Pacific Private 5G Networks Market Forecast to 2030

According to the Research Team’ research, the Asia Pacific private 5G networks market was valued at US$ 441.23 million in 2022 and is expected to reach US$ 6,496.98 million by 2030, registering a CAGR of 40.0% from 2022 to 2030. Rising digitalization across enterprises and increasing demand for IoT are among the critical factor attributed to the Asia Pacific private 5G networks market expansion.

Enterprise digitalization is the process of transforming businesses using digital technologies. Enterprise digitalization has surged the demand for private 5G networks. As businesses become more digitalized, they need faster, more reliable, and more secure connectivity to support their operations. Private 5G networks can meet these needs by providing dedicated bandwidth, low latency, and high QoS. Moreover, enterprise digitalization is also leading to new business models for private 5G networks. For example, some vendors are offering managed private 5G services, which allows businesses to deploy and manage private 5G networks without having to invest in their infrastructure. For instance, AT&T provides a 5G enterprise solution that promises to deliver broadband speeds over wireless and cellular networks to unlock new opportunities previously constrained by wired, bandwidth, and transmission limitations. Several market players are also taking initiatives to stay competitive in the market. For instance, in 2023, Nokia partnered with DXC technology to launch DXC signal private LTE and 5G solutions. Nokia and DXC Technology, one of the leading Fortune 500 global technology services companies, announced the availability of DXC Signal Private LTE and 5G, a managed secure private wireless network and digitalization platform solution that helps industrial enterprises digitally transform their operations. Additionally, Nokia announced that it has entered into a partnership with NTT Ltd. to make private wireless networking solutions available to more than 3.2 million enterprises across Thailand, accelerating a digital transformation that will drive measurable increases in productivity, operational efficiency, and worker safety. Deployed at multiple enterprise business parks across Thailand, Nokia 5G private wireless solutions is projected to revolutionize business-critical applications and use cases across sectors vital to the nation’s economy including manufacturing, mining, healthcare, and education. Therefore, the increasing requirement for IoT is creating a strong demand for private 5G networks. Private 5G networks can offer the bandwidth, latency, reliability, and security that IoT applications require. As a result, the private 5G network market is growing significantly.

On the contrary, high deployment and maintenance cost hurdles the growth of Asia Pacific private 5G networks market.

Based on component, the Asia Pacific private 5G networks market is categorized into hardware, software, and services. The hardware segment held 61.5% market share in 2022, amassing US$ 271.53 million. It is projected to garner US$ 4,150.81 million by 2030 to expand at 40.6% CAGR during 2022-2030.

In terms of frequency, the Asia Pacific private 5G networks market is bifurcated into sub-6GHz and mmwave. The sub-6GHz segment held 95.0% share of Asia Pacific private 5G networks market in 2022, amassing US$ 419.03 million. It is projected to garner US$ 6,122.63 million by 2030 to expand at 39.8% CAGR during 2022-2030.

By end user, the Asia Pacific private 5G networks market is segmented into manufacturing, energy and utilities, automotive, military and defense, government and public safety, and others. The manufacturing segment held 30.0% share of Asia Pacific private 5G networks market in 2022, amassing US$ 132.23 million. It is projected to garner US$ 2,117.62 million by 2030 to expand at 41.4% CAGR during 2022-2030.

Based on country, the Asia Pacific private 5G networks market has been categorized into China, Japan, South Korea, Australia, India, and the Rest of Asia Pacific. Our regional analysis states that China captured 35.0% share of Asia Pacific private 5G networks market in 2022. It was assessed at US$ 154.56 million in 2022 and is likely to hit US$ 2,412.90 million by 2030, exhibiting a CAGR of 41.0% during 2022-2030.

Key players operating in the Asia Pacific private 5G networks market are Cisco Systems Inc, Huawei Technologies Co Ltd, Nokia Corp, Telefonaktiebolaget LM Ericsson, T-Systems International GmbH, Verizon Communications Inc, Vodafone Group Plc, AT&T, Qualcomm Inc, and Amazon Web Services Inc, among others.

2023: China Telecom and Huawei have launched a 5G one-number converged private network, with the solution seeing commercial use as it has been deployed in the Sandaogou coal mine in Yulin.

2023: NTT Ltd. has inked a new partnership with Qualcomm with a goal to accelerate private 5G adoption. With the multiyear engagement, the companies will prioritize the development of 5G-enabled devices and seek to advance artificial intelligence (AI) processing capabilities at the Edge. Additionally, NTT is unveiling a new subscription device-as-a-service program through its Edge as a Service offering.

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Private 5G Networks Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in Value Chain
5. Asia Pacific Private 5G Networks Market – By Key Industry Dynamics
5.1 Private 5G Networks Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Increasing Demand for IoT
5.2.2 Rising Digitalization across Enterprises
5.3 Market Restraints
5.3.1 High Deployment and Maintenance Cost
5.3.2 Limited Coverage Area
5.4 Market Opportunities
5.4.1 Increasing Deployment of Time-Sensitive Networking in Automotive Industries
5.4.2 Growing adoption of Private 5G Networks in Mining Industry
5.5 Future Trends
5.5.1 Increasing use of 5G small cells
5.6 Impact of Drivers and Restraints:
6. Private 5G Networks Market – Asia Pacific Market Analysis
6.1 Private 5G Networks Market Revenue (US$ Million), 2022 – 2030
6.2 Private 5G Networks Market Forecast and Analysis
7. Asia Pacific Private 5G Networks Market Analysis – By Component
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Software
7.2.1 Overview
7.2.2 Software Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Services
7.3.1 Overview
7.3.2 Services Market, Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Private 5G Networks Market Analysis – By Frequency
8.1 Sub-6 GHz
8.1.1 Overview
8.1.2 Sub-6 GHz Market Revenue and Forecast to 2030 (US$ Million)
8.2 mmWave
8.2.1 Overview
8.2.2 mmWave Market Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Private 5G Networks Market Analysis – By End User
9.1 Manufacturing
9.1.1 Overview
9.1.2 Manufacturing Market Revenue and Forecast to 2030 (US$ Million)
9.2 Energy and Utilities
9.2.1 Overview
9.2.2 Energy and Utilities Market Revenue and Forecast to 2030 (US$ Million)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive Market Revenue and Forecast to 2030 (US$ Million)
9.4 Military and Defense
9.4.1 Overview
9.4.2 Military and Defense Market Revenue and Forecast to 2030 (US$ Million)
9.5 Government and Public Safety
9.5.1 Overview
9.5.2 Government and Public Safety Market Revenue and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
10. Asia Pacific Private 5G Networks Market – Country Analysis
10.1 Asia Pacific
10.1.1 Asia Pacific Private 5G Networks Market Overview
10.1.2 Asia Pacific Private 5G Networks Market Revenue and Forecasts and Analysis – By Country
10.1.2.1 Asia Pacific Private 5G Networks Market Revenue and Forecasts and Analysis – By Country
10.1.2.2 China Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 China Private 5G Networks Market Breakdown by Component
10.1.2.2.2 China Private 5G Networks Market Breakdown by Frequency
10.1.2.2.3 China Private 5G Networks Market Breakdown by End User
10.1.2.3 Japan Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 Japan Private 5G Networks Market Breakdown by Component
10.1.2.3.2 Japan Private 5G Networks Market Breakdown by Frequency
10.1.2.3.3 Japan Private 5G Networks Market Breakdown by End User
10.1.2.4 South Korea Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 South Korea Private 5G Networks Market Breakdown by Component
10.1.2.4.2 South Korea Private 5G Networks Market Breakdown by Frequency
10.1.2.4.3 South Korea Private 5G Networks Market Breakdown by End User
10.1.2.5 Australia Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.5.1 Australia Private 5G Networks Market Breakdown by Component
10.1.2.5.2 Australia Private 5G Networks Market Breakdown by Frequency
10.1.2.5.3 Australia Private 5G Networks Market Breakdown by End User
10.1.2.6 India Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.6.1 India Private 5G Networks Market Breakdown by Component
10.1.2.6.2 India Private 5G Networks Market Breakdown by Frequency
10.1.2.6.3 India Private 5G Networks Market Breakdown by End User
10.1.2.7 Rest of Asia Pacific Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.7.1 Rest of Asia Pacific Private 5G Networks Market Breakdown by Component
10.1.2.7.2 Rest of Asia Pacific Private 5G Networks Market Breakdown by Frequency
10.1.2.7.3 Rest of Asia Pacific Private 5G Networks Market Breakdown by End User
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. Company Profiles
13.1 Cisco Systems Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Huawei Technologies Co Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Nokia Corp
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Telefonaktiebolaget LM Ericsson
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 T-Systems International GmbH.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Verizon Communications Inc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Vodafone Group Plc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 AT&T Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Qualcomm Inc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Amazon Web Services Inc
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the Research Team
14.2 Word Index

Table 1. Private 5G Networks Market Segmentation
Table 2. Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Million) – Component
Table 4. Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Million) – Frequency
Table 5. Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Million) – End User
Table 6. Asia Pacific Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Country
Table 7. China Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 8. China Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Frequency
Table 9. China Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 10. Japan Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 11. Japan Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Frequency
Table 12. Japan Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 13. South Korea Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 14. South Korea Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Frequency
Table 15. South Korea Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 16. Australia Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 17. Australia Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Frequency
Table 18. Australia Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 19. India Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 20. India Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Frequency
Table 21. India Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 22. Rest of Asia Pacific Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 23. Rest of Asia Pacific Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Frequency
Table 24. Rest of Asia Pacific Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 25. Heat Map Analysis By Key Players
Table 26. List of Abbreviation
 

Figure 1. Private 5G Networks Market Segmentation, By Country
Figure 2. PEST Analysis
Figure 3. Ecosystem: Private 5G Networks Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Private 5G Networks Market Revenue (US$ Million), 2022 – 2030
Figure 6. Private 5G Networks Market Share (%) – Component, 2022 and 2030
Figure 7. Hardware Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Software Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Services Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Private 5G Networks Market Share (%) Frequency, 2022 and 2030
Figure 11. Sub-6 GHz Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. mmWave Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. Private 5G Networks Market Share (%) End User, 2022 and 2030
Figure 14. Manufacturing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Energy and Utilities Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Automotive Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Military and Defense Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Government and Public Safety Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Asia Pacific Private 5G Networks Market Revenue, By Key Country, (2022) (US$ Million)
Figure 21. Private 5G Networks Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 22. China Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 23. Japan Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 24. South Korea Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 25. Australia Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 26. India Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 27. Rest of Asia Pacific Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)