This report presents the key findings of STL Partners’ updated demand forecast for private networks. Its purpose is to:
- Identify the total revenue across the value chain: device, application, core and edge infrastructure, RAN software and equipment, network platform, and integration and managed services
- Assess the demand across 15 verticals that are currently leveraging private networks for different types of sites and use cases
- Present a global view of private network growth opportunities with results for 33 countries and seven regions over the 2025–2030 period
- Explain how technologies for private networks, such as 4G, 5G and network slicing, are going to evolve within this market
This report is accompanied by a dashboard which presents a summary of our model output and the associated graphics for the global and regional overview.
Private network addressable revenue will reach USD22 billion by 2030
High-level findings from the model indicate that:
- The total private networks addressable market will grow from USD2 billion in 2025 to USD22 billion in 2030, at a CAGR of 58% over the forecast period.
- This growth is driven by the increased number of enterprises that adopt private network solutions as well as the higher spend on applications as enterprises explore more use cases beyond basic connectivity.
- Verticals such as manufacturing, extractive industries, transport and logistics are leading the adoption worldwide as their security demands, complex environment and mission critical applications benefit significantly from private networks solutions.
- Adoption varies significantly among geographical regions. This regional disparity is influenced by several factors including the level of industrial development, spectrum regulations and the availability of private network spectrum, the level of demand from the enterprise sector and the available solutions from telcos and other service providers. Regions with lower takeup today will see more growth in future.
Total private network addressable revenue, 2024–2030
Segments
- Revenue by value chain component
- Applocations
- Core software
- Device
- Edge infrastructure
- Managed services
- Network platform
- RAN equipment
- RAN software
- System integration and deployment
- Revenue by deployment type
- Distributed (network slicing and hybrid deployments)
- On-prem
- Revenue by technology
- 4G
- 5G
- Revenue by vertical
- Agriculture
- Architecture, engineering & construction
- Defence
- Education
- Emergency services
- Extractive industries
- Government
- Healthcare
- Logistics
- Manufacturing
- Media & Entertainment
- Retail
- Tourism, hospitality & events
- Transport
- Utilities
- Revenue by region
- East Asia & Pacific
- Europe & Central Asia
- Latin America & Caribbean
- Middle East & North Africa
- North America
- South Asia
- Sub-Saharan Africa