South & Central America Private 5G Networks Market Forecast to 2030 - Regional Analysis - by Component (Hardware, Software, and Services), Frequency (Sub-6 GHz and mmWave), and End User (Manufacturing, Energy and Utilities, Automotive, Military and Defense, Government and Public Safety, and Others)
The South & Central America private 5G networks market was valued at US$ 114.28 million in 2022 and is expected to reach US$ 1,503.53 million by 2030; it is estimated to record a CAGR of 38.0% from 2022 to 2030.
Increasing Deployment of Time-Sensitive Networking in Automotive Industries Fuels South & Central America Private 5G Networks Market
Time-sensitive networking (TSN) is a set of protocols for predictable, low-latency communication across Ethernet networks. As a result, it is suited for use in applications requiring real-time communication, such as autonomous driving and advanced driver assistance systems (ADAS). For automotive applications, private 5G networks have certain advantages over standard public cellular networks. They can offer more bandwidth, lower latency, and more reliability. This is due to the fact that private 5G networks are dedicated to a particular user or organization and do not have the same congestion difficulties as public networks. The combination of TSN and private 5G networks is creating new opportunities for the automotive industry. For example, TSN can be used to enable real-time communication between various sensors, actuators, and control systems in an autonomous vehicle. This is crucial for ensuring the safety and reliability of autonomous driving systems. TSN technologies are emerging. For instance, the IEEE Standards Association advances new TSN application profiles as adoption increases in the automotive industry. Therefore, the growing interest in TSN in the automotive industry is an opportunity for growth in the private 5G network market. As the automotive industry continues to develop and deploy autonomous vehicles and ADAS systems, the demand for private 5G networks is expected to continue to grow.
South & Central America Private 5G Networks Market Overview
The South America (SAM) Private 5G Networks market is segmented into Brazil, Argentina, and the Rest of SAM. The private 5G network market in South America (SAM) is expected to grow significantly in the coming years. Enterprises in the region are increasingly looking to deploy private 5G networks to improve their operational efficiency and competitiveness. Private 5G networks offer a number of advantages over public 5G networks, including dedicated bandwidth, improved security, and lower latency. For instance, in June 2023, the Spanish telecoms company and its vendor partner are touting their abilities to bring digital transformation to Latin American businesses. The pair intend to offer Nokia's portfolio of industrial-grade private wireless network and digitalization platform solutions through their newly announced partnership, focusing primarily on what they describe as "the most promising industries in the region," which are ports, mining, energy, and manufacturing. The benefits of LTE and 5G private wireless will enable Industry 4.0 across industries. In October 2023, Jacto-a Brazilian multinational firm in the machinery sector-chose Nokia to build Latin America's first industrial-grade private wireless 4.9G/LTE and 5G network for the agricultural machinery industry. Therefore, the private 5G network market in SAM is expected to grow rapidly in the coming years, driven by increasing government support, growing demand from enterprises, and an expanding range of applications.
South & Central America Private 5G Networks Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Private 5G Networks Market Segmentation
The South & Central America private 5G networks market is segmented based on component, frequency, end user, and country. Based on component, the South & Central America private 5G networks market is categorized into hardware, software, and services. The hardware segment held the largest market share in 2022.
In terms of frequency, the South & Central America private 5G networks market is bifurcated into sub-6GHz and mmwave. The sub-6GHz segment held a larger market share in 2022.
By end user, the South & Central America private 5G networks market is categorized into manufacturing, energy and utilities, automotive, military and defense, government and public safety, and others. The manufacturing segment held the largest market share in 2022.
Based on country, the South & Central America private 5G networks market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America private 5G networks market share in 2022.
Cisco Systems Inc, Huawei Technologies Co Ltd, Nokia Corp, Telefonaktiebolaget LM Ericsson, T-Systems International GmbH, Vodafone Group Plc, AT&T, Qualcomm Inc, and Amazon Web Services Inc are some of the leading companies operating in the South & Central America private 5G networks market.
Increasing Deployment of Time-Sensitive Networking in Automotive Industries Fuels South & Central America Private 5G Networks Market
Time-sensitive networking (TSN) is a set of protocols for predictable, low-latency communication across Ethernet networks. As a result, it is suited for use in applications requiring real-time communication, such as autonomous driving and advanced driver assistance systems (ADAS). For automotive applications, private 5G networks have certain advantages over standard public cellular networks. They can offer more bandwidth, lower latency, and more reliability. This is due to the fact that private 5G networks are dedicated to a particular user or organization and do not have the same congestion difficulties as public networks. The combination of TSN and private 5G networks is creating new opportunities for the automotive industry. For example, TSN can be used to enable real-time communication between various sensors, actuators, and control systems in an autonomous vehicle. This is crucial for ensuring the safety and reliability of autonomous driving systems. TSN technologies are emerging. For instance, the IEEE Standards Association advances new TSN application profiles as adoption increases in the automotive industry. Therefore, the growing interest in TSN in the automotive industry is an opportunity for growth in the private 5G network market. As the automotive industry continues to develop and deploy autonomous vehicles and ADAS systems, the demand for private 5G networks is expected to continue to grow.
South & Central America Private 5G Networks Market Overview
The South America (SAM) Private 5G Networks market is segmented into Brazil, Argentina, and the Rest of SAM. The private 5G network market in South America (SAM) is expected to grow significantly in the coming years. Enterprises in the region are increasingly looking to deploy private 5G networks to improve their operational efficiency and competitiveness. Private 5G networks offer a number of advantages over public 5G networks, including dedicated bandwidth, improved security, and lower latency. For instance, in June 2023, the Spanish telecoms company and its vendor partner are touting their abilities to bring digital transformation to Latin American businesses. The pair intend to offer Nokia's portfolio of industrial-grade private wireless network and digitalization platform solutions through their newly announced partnership, focusing primarily on what they describe as "the most promising industries in the region," which are ports, mining, energy, and manufacturing. The benefits of LTE and 5G private wireless will enable Industry 4.0 across industries. In October 2023, Jacto-a Brazilian multinational firm in the machinery sector-chose Nokia to build Latin America's first industrial-grade private wireless 4.9G/LTE and 5G network for the agricultural machinery industry. Therefore, the private 5G network market in SAM is expected to grow rapidly in the coming years, driven by increasing government support, growing demand from enterprises, and an expanding range of applications.
South & Central America Private 5G Networks Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Private 5G Networks Market Segmentation
The South & Central America private 5G networks market is segmented based on component, frequency, end user, and country. Based on component, the South & Central America private 5G networks market is categorized into hardware, software, and services. The hardware segment held the largest market share in 2022.
In terms of frequency, the South & Central America private 5G networks market is bifurcated into sub-6GHz and mmwave. The sub-6GHz segment held a larger market share in 2022.
By end user, the South & Central America private 5G networks market is categorized into manufacturing, energy and utilities, automotive, military and defense, government and public safety, and others. The manufacturing segment held the largest market share in 2022.
Based on country, the South & Central America private 5G networks market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America private 5G networks market share in 2022.
Cisco Systems Inc, Huawei Technologies Co Ltd, Nokia Corp, Telefonaktiebolaget LM Ericsson, T-Systems International GmbH, Vodafone Group Plc, AT&T, Qualcomm Inc, and Amazon Web Services Inc are some of the leading companies operating in the South & Central America private 5G networks market.
1. INTRODUCTION
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SOUTH & CENTRAL AMERICA PRIVATE 5G NETWORKS MARKET LANDSCAPE
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. SOUTH & CENTRAL AMERICA PRIVATE 5G NETWORKS MARKET - KEY INDUSTRY DYNAMICS
5.1 Private 5G Networks Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Increasing Demand for IoT
5.2.2 Rising Digitalization across Enterprises
5.3 Market Restraints
5.3.1 High Deployment and Maintenance Cost
5.3.2 Limited Coverage Area
5.4 Market Opportunities
5.4.1 Increasing Deployment of Time-Sensitive Networking in Automotive Industries
5.4.2 Growing adoption of Private 5G Networks in Mining Industry
5.5 Future Trends
5.5.1 Increasing use of 5G small cells
5.6 Impact of Drivers and Restraints:
6. PRIVATE 5G NETWORKS MARKET - SOUTH & CENTRAL AMERICA MARKET ANALYSIS
6.1 Private 5G Networks Market Revenue (US$ Million), 2022 - 2030
6.2 Private 5G Networks Market Forecast and Analysis
7. SOUTH & CENTRAL AMERICA PRIVATE 5G NETWORKS MARKET ANALYSIS - BY COMPONENT
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Software
7.2.1 Overview
7.2.2 Software Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Services
7.3.1 Overview
7.3.2 Services Market, Revenue and Forecast to 2030 (US$ Million)
8. SOUTH & CENTRAL AMERICA PRIVATE 5G NETWORKS MARKET ANALYSIS - BY FREQUENCY
8.1 Sub-6 GHz
8.1.1 Overview
8.1.2 Sub-6 GHz Market Revenue and Forecast to 2030 (US$ Million)
8.2 mmWave
8.2.1 Overview
8.2.2 mmWave Market Revenue and Forecast to 2030 (US$ Million)
9. SOUTH & CENTRAL AMERICA PRIVATE 5G NETWORKS MARKET ANALYSIS - END USER
9.1 Manufacturing
9.1.1 Overview
9.1.2 Manufacturing Market Revenue and Forecast to 2030 (US$ Million)
9.2 Energy and Utilities
9.2.1 Overview
9.2.2 Energy and Utilities Market Revenue and Forecast to 2030 (US$ Million)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive Market Revenue and Forecast to 2030 (US$ Million)
9.4 Military and Defense
9.4.1 Overview
9.4.2 Military and Defense Market Revenue and Forecast to 2030 (US$ Million)
9.5 Government and Public Safety
9.5.1 Overview
9.5.2 Government and Public Safety Market Revenue and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
10. SOUTH & CENTRAL AMERICA PRIVATE 5G NETWORKS MARKET - COUNTRY ANALYSIS
10.1 South & Central America
10.1.1 South & Central America Private 5G Networks Market Overview
10.1.2 South & Central America Private 5G Networks Market Revenue and Forecasts and Analysis - By Country
10.1.2.1 South & Central America Private 5G Networks Market Revenue and Forecasts and Analysis - By Country
10.1.2.2 Brazil Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 Brazil Private 5G Networks Market Breakdown by Component
10.1.2.2.2 Brazil Private 5G Networks Market Breakdown by Frequency
10.1.2.2.3 Brazil Private 5G Networks Market Breakdown by End User
10.1.2.3 Argentina Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 Argentina Private 5G Networks Market Breakdown by Component
10.1.2.3.2 Argentina Private 5G Networks Market Breakdown by Frequency
10.1.2.3.3 Argentina Private 5G Networks Market Breakdown by End User
10.1.2.4 Rest of South & Central America Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 Rest of South & Central America Private 5G Networks Market Breakdown by Component
10.1.2.4.2 Rest of South & Central America Private 5G Networks Market Breakdown by Frequency
10.1.2.4.3 Rest of South & Central America Private 5G Networks Market Breakdown by End User
11. COMPETITIVE LANDSCAPE
11.1 Heat Map Analysis by Key Players
12. INDUSTRY LANDSCAPE
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. COMPANY PROFILES
13.1 Cisco Systems Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Huawei Technologies Co Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Nokia Corp
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Telefonaktiebolaget LM Ericsson
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 T-Systems International GmbH.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Vodafone Group Plc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 AT&T Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Qualcomm Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Amazon Web Services Inc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. APPENDIX
14.1 About the Insight Partners
14.2 Word Index
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SOUTH & CENTRAL AMERICA PRIVATE 5G NETWORKS MARKET LANDSCAPE
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. SOUTH & CENTRAL AMERICA PRIVATE 5G NETWORKS MARKET - KEY INDUSTRY DYNAMICS
5.1 Private 5G Networks Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Increasing Demand for IoT
5.2.2 Rising Digitalization across Enterprises
5.3 Market Restraints
5.3.1 High Deployment and Maintenance Cost
5.3.2 Limited Coverage Area
5.4 Market Opportunities
5.4.1 Increasing Deployment of Time-Sensitive Networking in Automotive Industries
5.4.2 Growing adoption of Private 5G Networks in Mining Industry
5.5 Future Trends
5.5.1 Increasing use of 5G small cells
5.6 Impact of Drivers and Restraints:
6. PRIVATE 5G NETWORKS MARKET - SOUTH & CENTRAL AMERICA MARKET ANALYSIS
6.1 Private 5G Networks Market Revenue (US$ Million), 2022 - 2030
6.2 Private 5G Networks Market Forecast and Analysis
7. SOUTH & CENTRAL AMERICA PRIVATE 5G NETWORKS MARKET ANALYSIS - BY COMPONENT
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Software
7.2.1 Overview
7.2.2 Software Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Services
7.3.1 Overview
7.3.2 Services Market, Revenue and Forecast to 2030 (US$ Million)
8. SOUTH & CENTRAL AMERICA PRIVATE 5G NETWORKS MARKET ANALYSIS - BY FREQUENCY
8.1 Sub-6 GHz
8.1.1 Overview
8.1.2 Sub-6 GHz Market Revenue and Forecast to 2030 (US$ Million)
8.2 mmWave
8.2.1 Overview
8.2.2 mmWave Market Revenue and Forecast to 2030 (US$ Million)
9. SOUTH & CENTRAL AMERICA PRIVATE 5G NETWORKS MARKET ANALYSIS - END USER
9.1 Manufacturing
9.1.1 Overview
9.1.2 Manufacturing Market Revenue and Forecast to 2030 (US$ Million)
9.2 Energy and Utilities
9.2.1 Overview
9.2.2 Energy and Utilities Market Revenue and Forecast to 2030 (US$ Million)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive Market Revenue and Forecast to 2030 (US$ Million)
9.4 Military and Defense
9.4.1 Overview
9.4.2 Military and Defense Market Revenue and Forecast to 2030 (US$ Million)
9.5 Government and Public Safety
9.5.1 Overview
9.5.2 Government and Public Safety Market Revenue and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
10. SOUTH & CENTRAL AMERICA PRIVATE 5G NETWORKS MARKET - COUNTRY ANALYSIS
10.1 South & Central America
10.1.1 South & Central America Private 5G Networks Market Overview
10.1.2 South & Central America Private 5G Networks Market Revenue and Forecasts and Analysis - By Country
10.1.2.1 South & Central America Private 5G Networks Market Revenue and Forecasts and Analysis - By Country
10.1.2.2 Brazil Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 Brazil Private 5G Networks Market Breakdown by Component
10.1.2.2.2 Brazil Private 5G Networks Market Breakdown by Frequency
10.1.2.2.3 Brazil Private 5G Networks Market Breakdown by End User
10.1.2.3 Argentina Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 Argentina Private 5G Networks Market Breakdown by Component
10.1.2.3.2 Argentina Private 5G Networks Market Breakdown by Frequency
10.1.2.3.3 Argentina Private 5G Networks Market Breakdown by End User
10.1.2.4 Rest of South & Central America Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 Rest of South & Central America Private 5G Networks Market Breakdown by Component
10.1.2.4.2 Rest of South & Central America Private 5G Networks Market Breakdown by Frequency
10.1.2.4.3 Rest of South & Central America Private 5G Networks Market Breakdown by End User
11. COMPETITIVE LANDSCAPE
11.1 Heat Map Analysis by Key Players
12. INDUSTRY LANDSCAPE
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. COMPANY PROFILES
13.1 Cisco Systems Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Huawei Technologies Co Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Nokia Corp
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Telefonaktiebolaget LM Ericsson
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 T-Systems International GmbH.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Vodafone Group Plc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 AT&T Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Qualcomm Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Amazon Web Services Inc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. APPENDIX
14.1 About the Insight Partners
14.2 Word Index
