DUBLIN, April 20, 2021 /PRNewswire/ — The “Private Wireless Networks Market by LTE, 5G, and Edge Computing in Enterprise, Industrial, and Government Solutions 2021 – 2026” report has been added to ResearchAndMarkets.com’s offering.
This report evaluates 5G NR and the market outlook for MNO and VNO to offer private IoT networks for the benefit of industrial automation and mission-critical enterprise applications and services. The report evaluates major players, technologies, and solutions.
Carrier-supported private LTE and 5G networks will consist of Virtualized Network Solutions, Dedicated/Non-Virtualized Network Solutions, and Hybrid Network Solutions with an anticipated global market opportunity of $12.6, $9.2B, and $17.1B respectively.
LTE Advanced (LTE-A) represents a major step in the evolution of 4G technology, providing mobile coverage, higher performance, and greater connection stability. The 5G New Radio (NR) access technology is a part of 5G Radio Access Network (RAN) architecture that is composed of LTE evolution and millimeter wave (mmWave) technology that will be operable from sub-1 GHz to 24+ GHz in a range of the low band, mid-band, and high band.
A variety of complementary technologies will enable 5G NR supported systems including massive MIMO, advanced LPDC, TDD subframe, beamforming, and mmWave radiofrequency.
For communication service providers, mmWave will bring both challenges and opportunities for general RAN infrastructure and in particular for…