Private 5G and LTE network spending projected to reach $84.7 billion by 2031

Global spending on private LTE and 5G networks is projected to reach $84.7 billion by 2031, a significant increase from $17.3 billion in 2026. According to research from Juniper Research, this growth is driven by the need for robust connectivity to support scaling AI systems in business operations.

Market leaders in this sector include Nokia, Huawei, Samsung, HPE, and Ericsson. Analysts suggest that successful vendors will differentiate themselves by offering specialized solutions for Industry 4.0, such as machine vision, predictive maintenance, and industrial control operations, rather than general connectivity.

In a related development in network infrastructure, Antevia Networks has successfully integrated with Ontix’s Nexus Neutral Host service gateway. This milestone enables shared in-building 5G infrastructure using Multi-Operator Core Network (MOCN) technology. This approach allows a single radio layer to support both public Mobile Network Operator (MNO) services and dedicated private 5G networks, potentially reducing infrastructure costs for building owners and enterprises.