As a guest on the TD Ameritrade Network with Nicole Petallides on The Watch List, I took a look at what 5G might look like in the future for investors and which companies might be good investments. As a wireless analyst for more than three decades, I have seen the wireless industry on a fast growth path full of ups and downs. Today, the opportunity from the 5G growth wave is bigger and more expansive than ever. But there are still strengths and weaknesses.
First of all, 5G, of course, represents a huge growth opportunity for companies and investors alike. This includes public wireless networks like Verizon Wireless, T-Mobile, AT&T Mobility, US Cellular, C Spire, and others. It also includes smartphone and tablet manufacturers such as Apple, Android, and Samsung. Also, network builders like Qualcomm, Ericsson, Nokia, Intel, Samsung Networks, Oracle, Huawei and more.
However, the opportunity for growth is greater than ever. It also includes private 5G networks and hybrid 5G networks like Kore and others. Let’s explore the differences between public 5G, private 5G and hybrid 5G networks.
Private 5G is used in a growing number of company offices, manufacturing plants, hospitals, universities, military installations and much more. Entities that do not want to share the public network for reasons of security, privacy or any other limitation find private 5G desirable.
Many business leaders are considering whether to use public networks or build their own stand-alone private 5G wireless network or hybrid 5G network.
Private 5G uses the same technology but is more secure and prioritized
The technology is the same between public 5G, private 5G and hybrid 5G. The difference is in the rules, security and limitations of these networks.
5G public wireless networks offer the same level of service and security to all customers, businesses and consumers. The security risk is higher and comes from the public sharing the network. Also, when the network is busy, this can affect all users equally.
5G private wireless networks are privately operated by a group, company, or government agencies. They create a more secure wireless experience and are protected from peak hours.
This puts more security and control in the hands of the customer.
Verizon Business, T-Mobile Business, AT&T Business, Xfinity Business
Security is one of the main benefits of private networks. This is a higher level of commitment to keeping everything up to date and managing your own network.
Another benefit is in the way the traffic is managed. Private 5G can give different people or groups a different priority.
The hybrid private 5G network is a mix between private and public
Hybrid private 5G is another solution. This is when a business, organization, or government contracts with a public wireless network to get a piece of their network pie.
Essentially, the wireless provider owns and operates the network, including this section. However, this section is private and more secure, and the user can manage the traffic privately.
This is less time consuming for the customer and requires less labor. It’s much faster and easier than building and managing your own 5G network.
This solution is more secure than the public network, it gives the group more control over the traffic, but it is owned and operated by a national wireless network company.
That means everything is kept up to date and secure by the network’s own wireless experts.
Verizon, T-Mobile, AT&T, Kore, US Cellular, C Spire offer private 5G
As we continue to roll out 5G on public networks, private companies and governments are also rapidly installing and managing their own private networks.
This is a huge growth opportunity for companies in the 5G wireless network building space.
In fact, often companies that don’t want to build and operate their own private network will work with one of the major networks like Verizon, T-Mobile, AT&T, Kore and many others to create their own private section of the public network.
Kore is a company that contracts with a variety of wireless networks and provides its own private wireless service that can be more secure and controllable compared to public networks.
Qualcomm, Nokia, Ericsson, Samsung, Intel, Oracle Private 5G
That way, executives and businesses can enjoy enhanced security without the headaches, size, and scope of an investment that goes into this space with a private network.
Going forward, I expect to see a high growth rate of 5G globally across public and private networks in the coming years.
I also hope to see more wireless companies, whether it be networks or network builders offering solutions in this space in the future.
These are just some of the reasons why public and private 5G represents a huge growth opportunity for all wireless players, from networks to mobile phone manufacturers, network builders, software manufacturers and more for the next decade.
And this is just a slice of the 5G pie. 5G is perhaps the biggest growth opportunity the wireless industry has ever seen.
Simply put, 5G represents one of the biggest growth opportunities for all endpoints in the wireless industry over the next decade. Then comes 6G and the party should go on.