ABI Research has found that 74 percent of surveyed manufacturing decision-makers plan to upgrade communications and control networks in “the next two years” to support “digital transformation and Industry 4.0.”
More than 90 percent are investigating use of 4G and 5G to support such networks and 84 percent of those considering 4G or 5G say they will deploy their own local private wireless networks.
Nokia believes as many as 14 million base stations could theoretically be deployed in support of those local area networks. It is not yet clear how much 4G or 5G private wireless could benefit public network service providers, but such LANs obviously will be revenue for suppliers of the infrastructure.
Some have predicted sales in low single-digit billions by about 2023. Earlier forecasts were undoubtedly too optimistic, as tends to be the case for new platforms. Others believe sales of 4G and 5G private networking infrastructure could eventually near $10 billion annually. That seems quite optimistic.
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