Key Role of Private Cellular Networks in Unlocking Business Value
The global demand for enterprise digital transformation is rising. Private LTE/5G networks are expected to be a key driver in this journey, set to garner $5 billion in global spending by 2026. The manufacturing sector alone will account for almost 40% of this amount.
Some key considerations for industrial enterprises looking to embrace the emerging connectivity paradigm include high speed, low latency, and security. To deliver on these parameters, businesses would need access to efficient network connectivity. Additionally, these networks must offer a high degree of mobility and reliability.
Trends indicate that future factories will be controlled by private networks enabling on- and off-premise encrypted data exchange. These networks will not only provide streamlined connectivity for enterprises, but will also be able to adapt to future needs as the landscape evolves.
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