LUTON, Bedfordshire, UK, March 10, 2023 (GLOBE NEWSWIRE) — Exactitude Consultancy, the market research and advisory arm of Ameliorate Digital Consultancy Private Limited, has completed and published the final copy of the detailed research report on the Private Wireless Networking Market.
The global private wireless network market at a CAGR of 18%and it is expected reach over USD 80 billion by 2029over the forecast period.
Market overview:
The Market for private wireless networks has been growing rapidly in recent years due to the increasing demand for reliable and secure wireless connectivity in various industries. Some of the key industries driving the growth of the private wireless network market are manufacturing, healthcare, transportation and logistics.
Private wireless networks are communication networks designed to provide wireless connectivity to a specific organization or group of users. These networks are typically used to connect devices and people in a specific area or location, e.g. B. in a factory, a warehouse or on a campus.
One of the main advantages of private wireless networks is their ability to provide a high level of security and control over the network. This is especially important in industries like healthcare and manufacturing, where sensitive data and critical operations require a high level of protection.
Another important benefit of private wireless networks is their ability to provide reliable connectivity in areas where public wireless networks may not be available or reliable. This is especially important in industries like transportation and logistics, where connectivity is essential for efficient and timely operations.
The home wireless networking market is also being driven by the increasing adoption of Internet of Things (IoT) devices and applications. As more devices are connected to the network, the need for reliable and secure connectivity becomes more important.
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