It always appeared to me that 5G and other private wireless networks held promise for many applications within industry. This report from Nokia reveals enterprises are scaling private wireless for additional uses cases and industrial sites.

  • 45% of the organizations are leveraging private wireless to support more use cases than planned when first deployed.
  • 100% of enterprises expanded private wireless networks use or deployed them within another location and 78% reported positive ROI in six months.
  • 65% of respondents stated over 10% improvement in worker safety and 79% reported 10% or more reduction in their emissions.
  • 39% of enterprises with a private wireless have since deployed on-premise edge technology, with 52% planning to do so.

This 2024 Industrial Digitalization Report highlights that all 100 interviewed early adopters are using private wireless networks in additional locations or have expanded their use by launching more use cases in existing locations.

The Nokia report and related survey was conducted by GlobalData to gauge industry progress and return on investment (ROI) among private wireless early adopters in the manufacturing, transportation, and energy industries in countries including Australia, France, Japan, UK, and US.

The Report revealed that the top benefits for enterprises deploying private wireless networks include:

  • Increase in private wireless uses and locations: In 2022, many enterprises who had deployed private wireless technology were still at the proof of concept (PoC) or pilot stage, usually in a single location or single use case. In 2024, almost half of the enterprises interviewed (45%) are already taking advantage of private wireless networks with plans to do more than initially expected. 100% of the 100 enterprises interviewed have started to roll out private wireless networks to more locations or expanded their use at the original locations for driving wider industrial transformation.
  • Quickly achieving ROI: 93% of the respondents achieved ROI within 12 months. In fact, 78% reported that they achieved a positive outcome within six months, and 23% hit their ROI target in just one month. Private wireless solutions have helped businesses achieve such returns by fixing broken processes and reducing the overall cost of doing business.
  • Improved worker safety and sustainability: The research found that worker safety is a common challenge private wireless technology is helping to overcome, with 65% stating they realized more than 10% improvement in top use cases to improve worker safety, such as implementing geofencing technology, connected worker and robotics to carry out dangerous work.
  • Furthermore, 79% of organizations experienced a significant improvement in their sustainability efforts reporting a 10%, or more, reduction in their emissions after deploying private wireless networks. The enhanced connectivity increased the ability of those surveyed to connect industrial IoT devices and sensors to better track and monitor their carbon emissions. The use of drone technology reduced the number of truck rolls. This shows how private wireless technology is leading organizational transformation, not simply digital transformation, enabling tracking and analytics to meet global sustainability objectives.
  • Edge technology underpinning advance use cases: Edge technology is playing a foundational role in enabling new and more advanced low latency use cases that stretch beyond connectivity. 39% of the enterprises that deployed private wireless have since implemented an on-premise edge technology or a new selection of industrial devices to power digitalization and support complimentary technologies such as AI and analytics, with a further 52% planning to do so.

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