Laying the groundwork for future investigations, our sister service RAN Research has published its latest forecast – looking at the private cellular networks market from 2024 to 2029. The headline figures are an installed base of 8 million cells, generating annual revenue of $7.19 billion at the end of the period. As the report notes: the past two years have been turbulent in the private cellular networks market. This is a reflection of the wider macroeconomic conditions, but also the fallout from a very hype-driven consensus, observed in 2021 and 2022. In many ways, this is the same problem seen in consumer-facing 5G, where the industry raced into the new generation on the assumption that consumers would pay more the…