Private LTE/5G networks: worldwide trends and forecasts 2023–2028

21 December 2023 | Research

Ibraheem Kasujee | Mary Saunders

Forecast report | PPTX and PDF (25 slides); Excel | Private Networks

"Although spend on private LTE/5G networks is low relative to spend on public networks, spend on private LTE/5G networks will reach USD9 billion by 2028."


This report provides a forecast of the number of private LTE/5G networks that will be deployed between 2023 and 2028 and the corresponding capex and opex. It provides a detailed outlook on the key trends driving growth in the private LTE/5G networks market. 


Geographical coverage


Key metrics

  • Central and Eastern Europe (CEE)
  • Developed Asia–Pacific (DVAP)
  • Emerging Asia–Pacific (EMAP) 
  • Latin America (LATAM)
  • Middle East and North Africa (MENA)
  • North America (NA)
  • Sub-Saharan Africa (SSA)
  • Western Europe (WE)
  • Worldwide


  • Number of networks and spend (capex and opex), split by sector:
    • Manufacturing
    • Transport
    • Mining, oil and gas
    • Utilities
    • Public sector
    • Entertainment and retail
    • Healthcare
  • Split by technology:
    • LTE
    • 5G

Read our associated article here.


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Ibraheem Kasujee

Senior Analyst

Mary Saunders

Research Analyst