TECH SUPPLIER Jun 2022 - Market Forecast - Doc # US48721322
Worldwide and U.S. Private Mobile Networks Managed Services Forecast, 2022–2026
This IDC study discusses the key market trends impacting managed private mobile networks within the United States and globally, examining the challenges and competitive dynamics to watch in 2022 and beyond. IDC expects to see managed services revenue related to private 4G/5G networks to reach $1.92 billion by 2026 from $340.4 million in 2021 at a CAGR of 41.3%.
"The demand for managed private 4G/5G networks continues to increase," says Sandra Wendelken, senior research analyst, Mobile and IoT Services at IDC. "While the number of contracts, pricing, and the types of contracts varies by region, all geographic areas of the world will see strong growth through the forecast period."
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