Company Logo The global private 5G market is projected to grow from USD 5.35 billion in 2026 to USD 24.84 billion by 2032, at a 29.1% CAGR. Growth is driven by Industry 4.0, industrial automation, IIoT, robotics, computer vision, and demand for secure, ultra-reliable low-latency connectivity. Mid-band spectrum is expected to record the fastest growth, while manufacturing led the market in 2025. The US held the largest North American share, supported by CBRS availability and advanced digital infrastructure. Key players include Ericsson, Huawei, Nokia, ZTE, HPE, Samsung, Cisco, Oracle, NEC, and Ciena. Dublin, Sept.
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