The Asia Pacific 5G Enterprise Private Network Market is expected to witness market growth of 49.7% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific 5G Enterprise Private Network Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $3.42 billion by 2031. The Japan market is registering a CAGR of 48.9% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 50.8% during 2024-2031.
The growing adoption of smart cities and connected infrastructure is pivotal in driving the expansion of the 5G enterprise private network market. As urban areas increasingly integrate advanced digital technologies for traffic management, public safety, environmental monitoring, and utility management, the need for robust and high-performance communication networks becomes more apparent. One of the key requirements of smart cities is the ability to collect and process real-time data from various sources, such as sensors, cameras, and connected devices deployed throughout urban infrastructure.
Another significant factor in the advancement of smart cities is the incorporation of utility monitoring systems, which are designed to enhance the efficiency of energy, water, as well as waste management systems. For example, smart grids use real-time data from connected sensors to monitor energy consumption, detect faults, and optimize electricity distribution, helping cities reduce energy waste and improve sustainability. Similarly, smart water systems use sensors to monitor water quality and detect leaks, ensuring efficient water usage and reducing wastage.
Australia is experiencing a growing demand for 5G enterprise private networks as the country’s manufacturing sector moves toward greater automation and digitalization. Australian manufacturers are adopting Industry 4.0 technologies, such as robotics and AI, which require the high-speed, low-latency capabilities that 5G networks provide. The Australian government has recognized the importance of this transition, with its Modern Manufacturing Strategy promoting investment in advanced manufacturing technologies. The Australian Communications and Media Authority (ACMA) has made spectrum available for private 5G networks, further supporting manufacturers to modernize and remain competitive globally. As a result, Asia Pacific is emerging as a major market for 5G enterprise private networks.
The China market dominated the Asia Pacific 5G Enterprise Private Network Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $3.42 billion by 2031. The Japan market is registering a CAGR of 48.9% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 50.8% during 2024-2031.
The growing adoption of smart cities and connected infrastructure is pivotal in driving the expansion of the 5G enterprise private network market. As urban areas increasingly integrate advanced digital technologies for traffic management, public safety, environmental monitoring, and utility management, the need for robust and high-performance communication networks becomes more apparent. One of the key requirements of smart cities is the ability to collect and process real-time data from various sources, such as sensors, cameras, and connected devices deployed throughout urban infrastructure.
Another significant factor in the advancement of smart cities is the incorporation of utility monitoring systems, which are designed to enhance the efficiency of energy, water, as well as waste management systems. For example, smart grids use real-time data from connected sensors to monitor energy consumption, detect faults, and optimize electricity distribution, helping cities reduce energy waste and improve sustainability. Similarly, smart water systems use sensors to monitor water quality and detect leaks, ensuring efficient water usage and reducing wastage.
Australia is experiencing a growing demand for 5G enterprise private networks as the country’s manufacturing sector moves toward greater automation and digitalization. Australian manufacturers are adopting Industry 4.0 technologies, such as robotics and AI, which require the high-speed, low-latency capabilities that 5G networks provide. The Australian government has recognized the importance of this transition, with its Modern Manufacturing Strategy promoting investment in advanced manufacturing technologies. The Australian Communications and Media Authority (ACMA) has made spectrum available for private 5G networks, further supporting manufacturers to modernize and remain competitive globally. As a result, Asia Pacific is emerging as a major market for 5G enterprise private networks.
List of Key Companies Profiled
- Nokia Corporation
- Vodafone Group Plc
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Samsung Electronics Co., Ltd. (Samsung Group)
- Verizon Communications, Inc.
- Ericsson AB
- ZTE Corporation
- Hewlett Packard Enterprise Company
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
Market Report Segmentation
By Frequency Band- Sub-6 GHz
- mmWave
- Large Enterprises
- Small & Medium-sized Enterprises
- Hardware
- Software
- Services
- Manufacturing
- BFSI
- Energy & Utilities
- Retail
- Government
- Public Safety
- Office Building
- Other Industry Vertical
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific 5G Enterprise Private Network Market by Frequency Band
Chapter 6. Asia Pacific 5G Enterprise Private Network Market by Organization Size
Chapter 7. Asia Pacific 5G Enterprise Private Network Market by Component
Chapter 8. Asia Pacific 5G Enterprise Private Network Market by Industry Vertical
Chapter 9. Asia Pacific 5G Enterprise Private Network Market by Country
Chapter 10. Company Profiles
Companies Mentioned
Some of the key companies profiled in this Asia Pacific 5G Enterprise Private Network Market include:- Nokia Corporation
- Vodafone Group Plc
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Samsung Electronics Co., Ltd. (Samsung Group)
- Verizon Communications, Inc.
- Ericsson AB
- ZTE Corporation
- Hewlett Packard Enterprise Company
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
Methodology
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