Wireless has been one of the fastest growing segments of the communications industry for over 50 years. Now private his wireless is well established and also a rapidly growing field. As things unfold, global spending on private wireless networks should remain strong and indeed accelerate.
Currently, the technologies in the private networking space are LTE, 4G and 5G. From now on he will continue after 6G. That means faster speeds and less lag.
This is one of the reasons why I believe private wireless will continue to grow in various industries and segments.
Its growth has slowed in recent years as traditional public wireless has become the core communication technology. Everyone who wants a smartphone, smartwatch or tablet has one. On the corporate side, there are a myriad of devices that use wireless.
The maturity of this industry has caused a slowdown in traditional wireless sales. It’s no surprise as the industry grows.
Of course, this reality is forcing the network to look for new growth areas because that is what investors want.
That’s why public networks like Verizon Wireless are used
and resellers like Xfinity Mobile
Cricket, Visible, and countless others are starting to look to other areas for growth.
Enterprise customers also want and need more control and security over their communications, both voice and data, wired and wireless.
In so many different industries, enterprises, universities, hospitals, etc. see the increasing value of private networks.
The private networking space has a number of players including Betacom, Juniper Networks, Huawei, Celona, Qualcomm, Cisco, Extreme Networks, Arista Networks, VMware, HPE, Aruba, Fortinet, Dell, Palo Alto Networks, Kajeet, BearCom, Telnet, and more.
Companies such as Crown Castle, Boingo Wireless and Cellnex have also entered the space. They see the same opportunities for growth.
Growth in private wireless is being driven by both equipment and services, and there are many different companies working together to provide solutions to various enterprise customers.
This is no different than the good old gold rush days. Remember, it was the pickaxe and shovel sellers who consistently made the real money. This is what all these competitors are doing in the private wireless space.
And don’t forget that private wireless is a global growth opportunity. It not only saves companies money, but also increases productivity on a global scale.
You may be wondering how wealthy the market is today. We have a wide variety of corporate customers and the list just keeps growing.
From what I’ve heard, private wireless could be one of the next real growth opportunities, and it will continue for years to come.
Industries interested in private wireless include Agriculture, Aviation, Broadcast, Construction, Education, Forestry, Healthcare, Hospitality, Manufacturing, Military, Mining, Gas & Oil, Ports, Maritime, Retail, Rail & Rail, Transportation, Travel, Public Safety & Utilities.
There are countless customers and competitors in each of these areas, all of whom are involved in this growth opportunity.
First, early adopters use this opportunity to gain a competitive advantage. Then the rest of the industry will eventually join the party on different waves as well, so you don’t get left behind.
All we have to do is choose the right company and sector.