< Key Hightlight >
Private 5G/4G cellular networks – also referred to as NPNs (Non-Public Networks) in 3GPP terminology – are rapidly gaining popularity across a diverse range of vertical industries. The utilities sector is no exception to this trend and will see global spending on dedicated cellular networks grow at a CAGR of 15% over the next three years. Estimated to account for nearly $2 Billion in cumulative infrastructure spending between 2023 and 2026, private cellular networks for utilities range from wide area 3GPP networks – operating in 410 MHz, 450 MHz, 900 MHz and other sub-1 GHz spectrum bands – for smart grid communications to purpose-built 5G and LTE networks aimed at providing localized wireless connectivity in critical infrastructure facilities such as power plants, substations and offshore wind farms.