According to an ABI Research report, as of May 2023, globally there were nearly 1,000 private cellular networks for enterprises indicating a massive surge in Private 5G networks as compared to last year. This also indicates that world-over enterprises across sectors are seriously driving improved efficiencies through digitalisation.
India's size, population, and digital aspirations would naturally lead one to expect the existence of numerous private networks, perhaps around 100-150, and a growing trend in this direction. Regrettably, this is not the case, as there is currently no operational private network, be it 4G or 5G, in the country. However, this situation presents incredible growth opportunities for India. According to a report by NASSCOM and Arthur D Little, there is an estimated revenue potential of USD 1.5 trillion across 10 industries by 2030, indicating that a significant portion of this potential can be targeted and achieved.
It is crucial to recognise the unique value proposition that private networks offer, providing dedicated and localised connectivity solutions for enterprises, industries, campuses, or smart cities. Unlike the public cellular networks - Public Land Mobile Network (PLMN) - operated by licensed mobile operators, Private 5G networks provide enhanced control, security, and reliability, specifically tailored to meet the specific needs of the organisation. However, it should be noted that these networks are not licensed to provide services to retail consumers outside of the designated building or campus.
This story is from the July,2023 edition of Voice and Data.
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This story is from the July,2023 edition of Voice and Data.
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