The 5G IoT & private 5G market report 2024-2030 foresaw a rise in private 5G connections from 1.28 million in 2023 to nearly 107 million by 2030. This growth is spurred by enhanced security and control, appealing particularly to healthcare and non-industrial sectors.
China and Europe are projected to be key regions for private 5G expansion leading up to 2030. Growth will be supported by non-industrial settings like ports and office buildings, illustrating the versatility of 5G technology in varying applications.
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