Private LTE networks are a well-established market and have been around for more than a decade, albeit as a niche segment of the wider cellular infrastructure sector. However, private cellular networks or NPNs (Non-Public Networks) based on 3GPP-defined 5G specifications are just on the cusp of becoming a mainstream technology, with a market potential exceeding that of private LTE. Compared to LTE technology, private 5G networks can address far more demanding performance requirements in terms of throughput, latency, reliability, availability, and connection density. The French city of Istres has reduced video surveillance camera installation costs from $34,000 to less than $6,000 per unit by replacing fiber-based connections with a private 5G network. SNS Telecom & IT’s “Private 5G Market: 2025 – 2030” report projects that annual investments in private 5G networks for vertical industries will grow at a CAGR of approximately 41% between 2025 and 2028, eventually surpassing $5 billion by the end of 2028.