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3. Private 5G Companies - Huawei Technologies Co., Ltd. (China) and Telefonaktiebolaget LM Ericsson (Sweden), are the Key Players

The global private 5G market is expected to be valued at USD 2.0 billion in 2023 and is projected to reach USD 11.8 billion by 2028; it is expected to grow at a CAGR of 42.3% from 2023 to 2028. Product launches, acquisitions, partnerships, collaborations, strategic alliances, and expansions are the major growth strategies adopted by the market players. These strategies have enabled them to efficiently fulfil the growing demand for private 5G from different verticals and expand their global footprint by offering their products in all the major regions.

Key players operating in the private 5G market are Huawei Technologies Co., Ltd. (China), Telefonaktiebolaget LM Ericsson (Sweden), Nokia (Finland), Samsung Electronics Co., Ltd. (South Korea), ZTE Corporation (China), NEC Corporation (Japan), Oracle (US), Cisco Systems, Inc. (US), Ciena Corporation (US), Juniper Networks, Inc. (US), HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP (US), Affirmed Networks (US), Mavenir (US), Celona Inc (US), Airspan Networks (US), CommScope (US), Vmware, Inc. (US), Extreme Networks (US), Comba Telecom Systems Holdings Ltd. (Hong Kong), Deutsche Telekom AG (Germany), Fujistu (Japan), Verizon (US), AT&T (US), SK Telecom (South Korea), Dell Inc. (US).

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Huawei Technologies Co., Ltd. (China)

Huawei, a Chinese multinational technology company, has been a prominent player in the global telecommunications industry. The company has been actively involved in developing and deploying 5G technology, including in the private 5G market. Huawei has been known for its expertise in telecommunications infrastructure, and this extends to private 5G networks. The company offers end-to-end solutions, including radio access networks, core networks, and management systems, tailored to the needs of various industries. It has targeted a range of vertical industries for private 5G deployments, including manufacturing, energy, transportation, healthcare, and more. Huawei's global presence allowed the company to offer private 5G solutions to customers around the world. The company's extensive experience in deploying telecommunications infrastructure has also contributed to its reputation in this space.

Telefonaktiebolaget LM Ericsson (Sweden)

Ericsson, a Swedish multinational networking and telecommunications company, has been actively involved in the development and deployment of 5G technology, including in the private 5G market. It offers a range of private 5G solutions tailored to different industries, including manufacturing, logistics, utilities, transportation, and more. The company provides end-to-end solutions that cover radio access, core networks, and management systems to enable enterprises to build and operate their own private 5G networks. Ericsson focuses on providing private 5G networks that support industrial automation and digital transformation for enterprises. These networks can enable real-time communication, enhance operational efficiency, and enable the deployment of IoT and AI-driven applications.

Nokia (Finland)

Nokia, a Finnish multinational telecommunications, information technology, and consumer electronics company, has been actively involved in the development and deployment of 5G technology, including in the private 5G market. It offers private wireless solutions that leverage 5G technology for enterprises across various industries. These solutions provide dedicated and secure communication networks tailored to the specific needs of each customer. Nokia's private 5G networks are designed to support industrial applications, such as industrial automation, IoT deployments, remote monitoring, and data-intensive processes. The company focuses on helping enterprises enhance operational efficiency and drive digital transformation.

Samsung Electronics Co., Ltd. (South Korea)

Samsung, a South Korean multinational conglomerate, is known for its diverse business activities, including electronics, semiconductors, telecommunications, and more. In the context of the private 5G market, Samsung has been actively involved in providing solutions and technologies to support private 5G networks. It offers end-to-end solutions for private 5G networks, including infrastructure equipment, network management, and devices. These solutions are designed to enable enterprises to deploy and manage their own dedicated 5G networks for specific use cases. Samsung targets various industries with its private 5G offerings, including manufacturing, logistics, energy, healthcare, and more. The company aims to help enterprises enhance efficiency, improve automation, and drive innovation through advanced connectivity.

ZTE Corporation (China)

ZTE Corporation is a Chinese multinational telecommunications equipment and systems company. It has been involved in the development and deployment of 5G technology, including in the private 5G market. It offers private network solutions based on 5G technology to various industries. These solutions include radio access network (RAN) equipment, core network elements, management systems, and devices that enable enterprises to establish dedicated and secure private 5G networks. ZTE's private 5G solutions target a range of vertical industries, including manufacturing, energy, transportation, and more. The company aims to support industrial automation, IoT applications, and other critical communication needs for enterprises.

Related Reports:

Private 5G Market by Component (Base Station, Radio Access Network, Core Network, Antennas, Software-Defined Network, Network Management, Network Security), Spectrum (Licensed, Shared), Services, Frequency Band, Deployment Mode - Global Forecast to 2028

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Mr. Aashish Mehra
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