REPORTS

Private 5G Country Spotlight

July 31, 2023

5G is opening up many opportunities and will be critical to the future economy. PwC has estimated that it will add $370 billion to global annual GDP in 2025 and almost $1.4 trillion by 2030.1 Enormous opportunities lie in the possibilities created by the combination of private 5G networks and multi-access edge computing (MEC).

In previous reports, we’ve outlined the critical role private 5G and MEC can play in enabling many of the digital transformation initiatives enterprises are investigating and implementing. They enable a host of highly responsive, extremely low-latency applications, such as automated guided vehicles, intelligent video analytics and much more.

Interest in private 5G continues to grow. We’re seeing more interest in visiting our Innovation Labs and more requests for proposal (RFPs) being issued. But many companies are still researching the topic and formulating their strategy.

This report offers information for companies just starting on their private 5G journey. It looks at the availability of spectrum, the sort of organisations deploying the technology, and what governments are doing to drive and support adoption. This report also explores some of the challenges that companies will face as they procure and deploy private 5G networks.

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About the Provider

Verizon
Verizon is a global leader delivering innovative communications and technology solutions that improve the way our customers live, work and play.

TOPICS

5G networks