Technology

Private 5G Network Market to reach USD 150.66 billion by 2033, As Enterprise AI Adoption Creates Strong Demand for Secure, High-Performance Private 5G Networks

Published

4 hours ago

June 24, 2026

Private Wireless Infrastructure Becomes Strategic Priority for Digital-First Enterprises Worldwide, emerging as the Backbone of Smart Factories, Autonomous Operations, and Real-Time Intelligence

SAN FRANCISCO, June 23, 2026 /PRNewswire/ — The global private 5G network market is entering a period of unprecedented expansion as enterprises across manufacturing, logistics, healthcare, utilities, mining, and smart city ecosystems increasingly invest in dedicated wireless infrastructure to support next-generation digital operations. According to recent industry analysis by Grand View Research, the global private 5G network market was valued at USD 3.89 billion in 2025 and is forecast to reach USD 150.66 billion by 2033, registering a remarkable compound annual growth rate (CAGR) of 58.9% during the forecast period. The market is expected to grow from USD 5.88 billion in 2026 as enterprise demand for secure, high-performance connectivity continues to accelerate.

Private 5G networks are emerging as a foundational technology for organizations seeking greater control over connectivity, cybersecurity, operational efficiency, and real-time data processing. Unlike public cellular networks, private 5G deployments provide dedicated spectrum resources, enhanced reliability, and ultra-low latency capabilities tailored to enterprise-specific requirements.

Enterprise Connectivity Requirements Drive Market Expansion

The rapid proliferation of connected devices, industrial automation systems, artificial intelligence applications, and Internet of Things (IoT) deployments is creating unprecedented demand for resilient and scalable communication infrastructure. As enterprises continue to modernize operations, traditional connectivity technologies are increasingly being supplemented by private 5G architectures capable of supporting mission-critical workloads.

Organizations are leveraging private 5G environments to enable autonomous systems, machine-to-machine communications, predictive maintenance platforms, remote monitoring applications, and advanced analytics capabilities. These networks provide the performance needed to support real-time decision-making while maintaining stringent security and compliance requirements.

Growing concerns around network congestion, data privacy, and operational continuity are further strengthening the business case for private wireless infrastructure. As a result, enterprises are increasingly viewing private 5G not merely as a connectivity upgrade but as a strategic enabler of digital transformation initiatives.

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Manufacturing Sector Leads Adoption Wave

Manufacturing continues to represent one of the most significant opportunities within the private 5G ecosystem. Industrial facilities are deploying dedicated wireless networks to support smart factories, connected production lines, automated guided vehicles (AGVs), robotics systems, and high-definition monitoring solutions.

The ability of private 5G networks to provide seamless connectivity across large industrial environments while maintaining low latency and high reliability is proving essential for modern manufacturing operations. As Industry 4.0 initiatives gain momentum worldwide, manufacturers are expected to remain among the largest adopters of private wireless technologies.

Beyond manufacturing, transportation and logistics organizations are increasingly embracing private 5G solutions to enhance asset tracking, fleet management, warehouse automation, and supply chain visibility. The sector is anticipated to witness substantial growth as operators seek real-time operational intelligence and improved efficiency.

Hardware Infrastructure Continues to Dominate Market Revenue

From a component perspective, hardware accounted for 51.8% of total market revenue in 2025, highlighting the significant infrastructure investments required to deploy enterprise-grade private 5G environments.

Radio Access Network (RAN) equipment, core network systems, backhaul technologies, and transport infrastructure remain critical elements of private network deployment strategies. As enterprises scale implementations across multiple facilities and locations, demand for advanced hardware platforms is expected to remain strong.

Meanwhile, services are projected to emerge as one of the fastest-growing segments over the forecast period. Installation, integration, maintenance, and managed service offerings are becoming increasingly important as organizations seek specialized expertise to design, deploy, and optimize private 5G environments.

Sub-6 GHz Spectrum Remains Preferred Deployment Option

The Sub-6 GHz frequency segment maintained market leadership in 2025, benefiting from its ability to provide broader coverage and more practical deployment economics for enterprise applications.

Organizations operating large campuses, industrial facilities, ports, and logistics hubs often prioritize coverage, reliability, and scalability over maximum throughput. As a result, Sub-6 GHz deployments continue to represent the preferred option for many private network implementations.

At the same time, millimeter wave (mmWave) technologies are expected to experience strong growth as enterprises deploy ultra-high-capacity connectivity solutions for specialized use cases requiring exceptional bandwidth and low latency.

North America Maintains Leadership Position

North America accounted for 32.0% of global private 5G market revenue in 2025, supported by a mature telecommunications ecosystem, strong enterprise technology investments, and increasing adoption of industrial automation technologies.

The region benefits from the presence of major network infrastructure providers, technology innovators, and enterprise adopters actively investing in next-generation connectivity solutions. Ongoing investments in smart manufacturing, digital infrastructure modernization, and Industry 4.0 initiatives continue to strengthen regional market momentum.

However, Asia Pacific is expected to emerge as the fastest-growing regional market during the forecast period. Significant investments in advanced manufacturing, smart infrastructure, and digital transformation initiatives across countries such as China, Japan, South Korea, India, and Australia are expected to create substantial growth opportunities.

Browse more 5G Industry Research Reports By Grand View Research

Smart Cities and Critical Infrastructure Present New Opportunities

The continued development of smart cities is creating additional momentum for private 5G adoption globally. Municipal authorities and infrastructure operators are exploring private wireless networks to support intelligent transportation systems, public safety applications, energy management platforms, and urban monitoring solutions.

As governments and enterprises increasingly prioritize digital resilience and operational efficiency, private 5G networks are expected to play a central role in enabling future intelligent infrastructure ecosystems.

Industry experts believe that the convergence of artificial intelligence, edge computing, IoT, and advanced automation technologies will further accelerate demand for private wireless connectivity. Organizations seeking to unlock the full potential of these technologies are expected to view private 5G as a strategic investment capable of delivering long-term operational and competitive advantages.

About the Private 5G Network Market

The global private 5G network market encompasses dedicated wireless communication infrastructures designed for enterprise, industrial, governmental, and mission-critical applications. These networks utilize licensed, shared, or unlicensed spectrum resources to provide secure, reliable, and high-performance connectivity tailored to specific organizational requirements. Key end-user industries include manufacturing, transportation and logistics, healthcare, energy and utilities, mining, retail, agriculture, defense, and smart city applications.

To learn more about growth opportunities in the Private 5G Network Market, access the full report from Grand View Research

About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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Contact:
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Grand View Research, Inc.
Phone: 1-415-349-0058
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SOURCE Grand View Research, Inc

Technology

BIWATT Expands Sodium-Ion Energy Storage Portfolio with UL-Certified NFPP-Based R5 and I3 Batteries

Published

16 minutes ago

June 24, 2026

MUNICH, June 24, 2026 /PRNewswire/ — BIWATT today unveiled its new PowerNest R5 residential storage battery and PowerLake I3 commercial and industrial storage battery at Intersolar Europe 2026, expanding its sodium-ion energy storage portfolio for residential and commercial applications.

Unlike conventional battery integration approaches, BIWATT has taken an active role in cell-level development, defining the performance, safety, and reliability requirements of energy storage applications from the earliest stages of product design. This approach has enabled the company to develop a dedicated sodium-ion battery platform optimized specifically for energy storage.

The launch of R5 and I3 builds on BIWATT’s ongoing advancement of sodium-ion energy storage commercialization. The company previously introduced its rack-mounted PowerNest R2 and stackable PowerNest R3 sodium-ion batteries, both of which have entered commercial delivery across international markets.

Built on the same technology platform, the new PowerNest R5 delivers modular scalability, intelligent battery optimization, and active balancing technology for residential energy storage applications. The PowerLake I3 extends the platform into commercial and industrial markets, offering flexible deployment options and intelligent maintenance capabilities for solar-plus-storage, backup power, and distributed energy projects.

To support future international market expansion, BIWATT is also progressing UL1973 certification and UL9540A testing for its sodium-ion battery products, reinforcing its commitment to high safety standards.

“Energy storage requires more than simply selecting a battery chemistry,” Owen, CEO of BIWATT, emphasized in his remarks at the launch event. “Our focus has been to participate deeply in cell-level innovation and develop sodium-ion batteries specifically engineered for energy storage applications. The launch of R5 and I3 reflects that long-term commitment.”

Today, BIWATT sodium-ion products are deployed across more than 20 countries, primarily in Europe, demonstrating the growing commercial adoption of sodium-ion energy storage.

About BIWATT
BIWATT is a digital green power innovator and sodium-ion technology pioneer. Focused on energy storage and system integration, BIWATT delivers a complete sodium-ion ecosystem for residential, mobility, and commercial applications, including battery systems, sodium-ion-optimized inverters, and in-house BMS, cloud platform, and intelligent APP solutions.

For more details, please contact:
Rita Ouyang
Phone: +86-755-86961716
E-mail: Biz@biwattpower.com

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Technology

Stegra announces closing of €1.4 billion financing round

Published

16 minutes ago

June 24, 2026

STOCKHOLM, June 24, 2026 /PRNewswire/ — Stegra today announces the closing of its €1.4 billion financing round. The round is led by a Wallenberg Investments-consortium and has strong support from existing investors as well as the original lender group.

In April, 2026 Stegra announced that the new financing round had been agreed in principle, subject to certain approvals, including customary regulatory approvals. The financing round is now completed.

The Wallenberg Investments-led consortium consists of existing investors IMAS and Temasek as well as new investors Bolero and SEB-Stiftelsen. In addition, a large group of Stegra’s existing shareholders continue to invest in the company. These investors include Altor, that will become the second largest shareholder, Hy24 and Just Climate, as well as AMF, AP2, Climate Infrastructure Fund**, Kallskär, Kobe Steel, Lingotto Innovation, Scania, Schaeffler, Security Trading* Stena Metall Finans and Swedbank Robur. Also, a group of Stegra’s second lien lenders, led by AIP Management, have decided to support the project as direct equity investors.

“We are grateful for the support for the work we are doing in bringing near zero emissions steel to the market from both new and existing investors, as well as from lenders. It’s a strong sign of confidence in our business case and the project,” says Henrik Henriksson, CEO Stegra.

The financing has also received 100% approval from the Stegra lender group. All banks participating in Stegra’s financing package continue to support the project and the company will have access to the undrawn debt facilities established as part of the company’s 2024 financing.

“We are pleased that this transaction is now closed. Together with Bolero, IMAS, SEB-Stiftelsen and Temasek, as well as Altor and other new and existing investors, we will now work closely with the Stegra team to complete and commission the plant in Boden. This large-scale green project represents an important step in Sweden’s competitiveness and the EU’s security of supply,” says Håkan Buskhe, Head of Special Investments at Wallenberg Investments and incoming board member of Stegra.

“We close this financing round with a higher equity ratio and a stronger and more resilient financial position for the company. We welcome the increased Swedish ownership through the Wallenberg Investments-led consortium and the continued support from the Swedish National Debt Office and SEK which remain committed to previously agreed facilities and have worked constructively with different stakeholders during the funding process,” says Henriksson.

Stegra is in the process of ramping up construction activities in Boden. During this period, the project timeline is under review.

* the investment company of Antti Herlin’s family
** managed by Demea Sustainable Investment

For more information, contact: Karin Hallstan, Head of Communications, Stegra at press@stegra.com or +46 76 842 81 04

This information was brought to you by Cision http://news.cision.com

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Stegra announces closing of â‚¬1.4 billion financing round

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Technology

JustMarkets to Launch SpaceX Stocks CFDs Trading for Clients

Published

16 minutes ago

June 24, 2026

KUALA LUMPUR, Malaysia, June 24, 2026 /PRNewswire/ — JustMarkets, one of the leading international brokerages, is pleased to inform its clients about the upcoming launch of the trading in SpaceX (SPCX) CFD shares. Starting from 17 June 2026, traders will be able to trade on one of the most watched private aerospace enterprises on the JustMarkets trading platform, thus gaining access to trading in the innovative sphere that may affect the development of the global economy in the future.

SpaceX IPO is seen by many experts as a landmark moment in global financial markets. With SpaceX being one of the leading private enterprises in the aerospace field, satellite manufacturing and private space explorations, its entry to the public market may draw significant attention to the company from traders, investors, institutions and financial analysts.

A representative of JustMarkets commented on the upcoming launch:

“Financial markets continue to grow, and traders are increasingly interested in companies that are driving innovation across industries. SpaceX is one of the most recognized names in modern aerospace and technology. By adding SpaceX stocks CFDs to our product lineup, we are providing our clients with access to new market opportunities while continuing to expand the range of instruments available for trading.”

Including SpaceX stocks CFDs in the trading portfolio, JustMarkets will allow its clients to track the dynamics of price movement, study the situation on the market and perform transactions with the instrument, utilizing all the trading instruments offered by the company.

This instrument will complete the existing portfolio of the CFDs products offered by the brokerage firm including forex, raw materials, precious metals, indices, crypto-currencies and stocks. The arrival of SpaceX CFDs demonstrates the commitment of the company to providing its clients with relevant, popular and internationally discussed market instruments.

Starting from 17 June 2026, JustMarkets clients will be able to trade SpaceX (SPCX) stocks CFDs and take part in one of the most significant stock market launches of history.

About JustMarkets

JustMarkets is a global financial trading platform designed to eliminate technical “noise,” enabling investors to focus on what matters most: making accurate decisions. With modern infrastructure and professional services, JustMarkets stands as a reliable partner for those seeking to master the financial markets.

JustMarkets has earned the trust of millions of clients across 160+ countries. Recognized as one of the world’s most popular brokers, the company continues to provide reliable services and build lasting relationships with traders and partners.

Risk Warning: Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. This article is for informational purposes only and does not constitute investment advice.

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SOURCE JustMarkets