Middle East & Africa Private 5G Networks Market
No. of Pages: 97 | Report Code: BMIRE00030266 | Category: Technology, Media and Telecommunications
No. of Pages: 97 | Report Code: BMIRE00030266 | Category: Technology, Media and Telecommunications
The Middle East & Africa private 5G networks market was valued at US$ 90.47 million in 2022 and is expected to reach US$ 1,152.29 million by 2030; it is estimated to record a CAGR of 37.4% from 2022 to 2030.
Increasing Use of 5G Small Cells Bolsters Middle East & Africa Private 5G Networks Market
A small cell is a low-powered cellular base station that runs on many frequencies. Small cells, depending on their size, can have transmission ranges extending from 40 feet to a few kilometers. These tiny base stations communicate with the main cellular network by Ethernet, fiber, or wireless. In the consumer and commercial markets, indoor small cells are becoming more common. Small cells, in conjunction with distributed antenna systems and Wi-Fi networks, are increasingly enabling RF coverage. Companies are seeking to build their own private 5G network for corporate use cases will install some of these small cells. For example, according to Small Cell Forum, manufacturing, utility, energy, retail, and transportation industries are the largest investors in small cells due to their requirement to support wide geographic areas. Enterprises can establish a secure, reliable, low-latency, and high-speed private network on premises by combining a private 5G core with a small cell network. Airspan, Cisco, CommScope, Ericsson, NEC Corp, Nokia, and Samsung are among the prominent vendors in the 5G small cell market. Therefore, the adoption of 5G small cell is expected to remain a trend in the private 5G network market.
Middle East & Africa Private 5G Networks Market Overview
The Middle East & Africa (MEA) Private 5G Networks market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of MEA. The key countries driving the private 5G network market in the MEA include Saudi Arabia, the UAE, Qatar, and Kuwait. These countries are investing heavily in 5G infrastructure and are promoting the adoption of private 5G networks by businesses. For instance, in March 2023, Aramco signed a non-binding Memorandum of Understanding (MoU) with Samsung Electronics Co., Ltd., outlining preliminary intentions for a strategic collaboration to localize an industrial 5G technology ecosystem in Saudi Arabia, beginning with private networks. Additionally, LTE has been launched by 201 operators in 66 countries in the region, including Guinea, Mozambique, Niger, Syria, Togo, and Yemen (including fully mobile networks and FWA broadband networks using LTE).
The growth of the private 5G network market in the MEA is expected to create significant opportunities for vendors of 5G infrastructure and equipment, as well as for system integrators and managed service providers.
Middle East & Africa Private 5G Networks Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the Middle East & Africa Private 5G Networks provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 90.47 Million |
Market Size by 2030 | US$ 1,152.29 Million |
Global CAGR (2022 - 2030) | 37.4% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Component
|
Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
The geographic scope of the Middle East & Africa Private 5G Networks refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
1. Cisco Systems Inc
2. Huawei Technologies Co Ltd
3. Nokia Corp
4. Telefonaktiebolaget LM Ericsson
5. Verizon Communications Inc
6. Vodafone Group Plc
7. AT & T
8. Qualcomm Inc
9. Amazon Web Services Inc
The Middle East & Africa Private 5G Networks Market is valued at US$ 90.47 Million in 2022, it is projected to reach US$ 1,152.29 Million by 2030.
As per our report Middle East & Africa Private 5G Networks Market, the market size is valued at US$ 90.47 Million in 2022, projecting it to reach US$ 1,152.29 Million by 2030. This translates to a CAGR of approximately 37.4% during the forecast period.
The Middle East & Africa Private 5G Networks Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Private 5G Networks Market report:
The Middle East & Africa Private 5G Networks Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Private 5G Networks Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Private 5G Networks Market value chain can benefit from the information contained in a comprehensive market report.