Worldwide private LTE/5G infrastructure market to reach $5.7 billion in 2024

Worldwide revenue attributable to the sales of private LTE/5G infrastructure will grow from $945 million in 2019 to an estimated $5.7 billion in 2024 with a 5-year compound annual growth rate (CAGR) of 43.4%, according to IDC. This includes aggregated spending on RAN, core, and transport infrastructure.

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