Investment in pvt wireless network seen at $ 250 mn by 2027: Nokia report

India’s investment in private wireless network is expected to reach nearly USD 250 million by 2027, according to a report by Nokia that also talked of a three-fold jump in mobile data usage in the country over last five years.

Nokia’s annual Mobile Broadband Index (MBiT) report pointed towards a significant acceleration in enterprise investment, and anticipated a major 5G uptake starting second half of 2023.

Enterprise spending on private 5G networks will be driven by new use cases in diverse industry verticals, including manufacturing, utilities, transportation and healthcare, among others in India, as per the report.

“India’s investment in private wireless network is expected to reach around USD 250 million by 2027,” the report said.