South East Asia 5G Private Network Market to Reach $1.93 Bn by 2030 at 41.9% CAGR: Allied Market Research

High penetration of 5G private network and rise in need for high-speed internet with shift toward digitization drive the growth of the South East Asia 5G private network market.

PORTLAND, Ore., June 22, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "South East Asia 5G Private Network Market Share by Component (Hardware, Software, and Services), Frequency Type (Sub 6Ghz and mmWave), Spectrum (Licensed Spectrum and Unlicensed Spectrum), Industry Vertical (Industry 4.0, Enterprise & Campus, Healthcare, Transport & Logistics, Smart City, Retail & E-commerce, Tourism, and Others): Opportunity Analysis and Industry Forecast, 2021–2030." According to the report, the South East Asia 5G private network market generated $59.31 million in 2020, and is expected to reach $1.93 billion by 2030, witnessing a CAGR of 41.9% from 2021 to 2030.

Drivers, Restraints, and Opportunities

High penetration of 5G private network, increase in usage of artificial intelligence (AI) & other smart connected devices, and rise in need for high-speed internet with shift toward digitization drive the growth of the South East Asia 5G private network market. However, security concerns and high cost of implementation for 5G private network solutions restrain the market growth. On the other hand, rise in need for low latency connectivity in organizations, emergence of cutting-edge technologies, and increase in investments for implementation of 5G private network infrastructure create new opportunities in the coming years.

Download Report Sample (324 Pages PDF with Insights) at:

https://www.alliedmarketresearch.com/request-sample/16586

Covid-19 Scenario

• Nearly 90% of organizations in the region adopted "work from home" policy, which, in turn, resulted in the increased usage of cloud infrastructure and rise in internet traffic. So, the COVID-19 pandemic impacted the South East Asia 5G private network market positively as the adoption of 5G private network increased considerably.
• In the era of post-pandemic, companies focused on the adoption of advanced technologies such as augmented reality, virtual reality, and internet of things to carry out contactless operations in several industry verticals such as manufacturing, energy and utility. This led to implementation of 5G private network.

Get detailed COVID-19 impact analysis on the South East Asia 5G private network market:

https://www.alliedmarketresearch.com/request-for-customization/16586

The hardware segment to maintain its dominance throughout the forecast period

Based on component, the hardware segment accounted for the highest market share in 2020, contributing to nearly half of the South East Asia 5G private network market, and is expected to maintain its dominance throughout the forecast period. This is attributed to increase in adoption of 5G private network solution among enterprises to gain strategic & competitive advantages and avail strong customer retention over their competitors. However, the services segment is projected to witness the fastest CAGR of 45.9% from 2021 to 2030. This is due to effective coordination between hardware provider companies and 5G private network users by offering services such as implementation, training, consulting services, and managed services.

The Industry 4.0 segment to continue its leadership status by 2030

Based on industry vertical, the Industry 4.0 segment held the highest share in 2020, accounting for more than half of the South East Asia 5G private network industry, and is projected to continue its leadership status by 2030. This is attributed to rise in use of industrial automation and internet of things in the manufacturing industry. However, the smart city segment is estimated to witness the highest CAGR of 48.3% from 2021 to 2030. This is due to rise in use of low latency and high speed internet in the smart city projects.

Indonesia to continue its lead position by 2030

Based on country, Indonesia contributed to the highest market share in terms of revenue in 2020, accounting for around two-fifths of the South East Asia 5G private network market, and is projected to continue its lead position by 2030. However, Malaysia is estimated to witness the largest CAGR of 48.6% during the forecast period, owing to ongoing development in the telecom sector that drive organizations to focus on rapid deployment and implementation of the 5G private network.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/16586

Leading Market Players

• Ericsson
• Nokia Corporation
• Cisco System Inc.
• Samsung
• ZTE Corporation
• Verizon Communication
• BT Group
• Qualcomm Technologies Inc.
• Deutsche Telekom
• AT & T

>> LIMITED-TIME OFFER << Buy Now & Get Exclusive Discount on this Premium Report

Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at:

hthttps://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request for 14 days free trial of before buying:

https://www.alliedmarketresearch.com/avenueTrial

Similar Reports:

5G Technology Market Expected to Reach $797.80 Billion by 2030

5G Enterprise Market Expected to Reach $16.84 Billion by 2028

Industrial 5G Market Expected to Reach $140.88 Billion by 2030

About Us:     

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States 
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com 
Web: https://www.alliedmarketresearch.com 
Follow Us on: LinkedIn Twitter

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg