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Private 4G and 5G infrastructure market set to soar

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Global spending on private 4G and 5G infrastructure will surge from $1.7 billion in 2021 to $8.3 billion by 2026 – an annual growth rate of 35.7%.

A study by IDC says that growing awareness and emerging use cases for private cellular networks is driving the uptake, with 5G starting to become a factor in a market that is still driven by the LTE standard.

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