Private 5G networks are on the verge of rapid take-off to generate a surge in annual revenues for network equipment from $1.5 billion in 2021 to $19.3 billion in 2027. By 2028 there will be 26.6 million private 5G networks deployed around the world, up from 1.1 million in 2021. Our forecast numbers for WiFi 6E also include early deployments of WiFi 7 without making any distinction. Common factors affecting both private 5G and WiFi 6E rolloutsThere are also common factors affecting both private 5G and WiFi 6E rollouts, such as chip shortages and other continuing impacts of the global COVID-19 pandemic. These in- include the four leading countries likely to drive private 5G adoption, that is the US, Germany, China and Japan.
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