The News: Velaspan announced the launch of its Managed Private Cellular (MPC) service, a private 4G/LTE or 5G cellular network service that uses the company’s experience in building and managing enterprise wireless networks. Read the Velaspan Press Release here.
Velaspan Is Ready to Energize Private Wireless Market With MPC Debut
Analyst Take: Velaspan’s new MPC service uses Velaspan’s 19 years of wireless networking experience working with major enterprises, universities, manufacturers, and other organizations throughout the US to solve connectivity challenges. Velaspan provides extensive experience for assessing, designing, deploying, and managing cost-effective and high-performance Wi-Fi and cybersecurity solutions to optimize business outcomes.
From my view, the development of Velaspan MPC as a turnkey, comprehensively managed 4G/5G service can enable the company to fulfill the specific customer demands for 4G/5G private network design and integration with existing Wi-Fi networks, network operations, and deployment priorities. I find that an expanding array of use cases across industries such as construction, education, healthcare, manufacturing, mining, energy, ports, and retail are powering the requirement for ultra-reliable mobile coverage that is integral to delivering improved business outcomes. As such, I see demand for mixed Wi-Fi and cellular network services will expand.
Of key importance, I anticipate that the global private wireless market is poised for long-term robust growth. Specifically, the global private wireless networks market is projected to exceed $80 billion by 2029 with a compound annual growth rate (CAGR) of 18% over the forecast period of 2023 to 2029 (according to Exactitude Consultancy).
Emerging 5G private wireless network technology can deliver essential capabilities such as ultra-reliable, low-latency communications, time-sensitive network capabilities, and programmability critical to supporting and scaling industrial applications and use cases. I find that today’s Wi-Fi networks are constrained by co-channel interference and contention loss issues. While Wi-Fi standards, such as Wi-Fi 6e and Wi-Fi 7 address such issues, only cellular technology can fulfill wide area requirements and provide built-in 5G quality of service (QoS) assurances.
Accordingly, Velaspan’s MPC proposition is developed to provide greater coverage per radio/access point in relation to today’s enterprise Wi-Fi technology, offering a twentyfold boost in coverage area. Through MPC, customers can reduce their radio densities and gain savings on cabling, installation, and hardware mounting costs.
Wait, There’s More: Velaspan Partners With Celona
Further augmenting the MPC launch, Velaspan is partnering with private wireless specialist Celona to immediately boost its channel influence and fulfill enterprise demand for deterministic wireless connectivity. From my view, Celona unifies full stack core software and cloud-based orchestration that assures integration of network and radio functions. This can accelerate enterprise adoption of MPC as well as shorten sales cycles for Velaspan and Celona.
I see Celona as providing the new class of enterprise wireless solutions needed to capitalize on shared cellular spectrum available for 4G and 5G technology including Citizens Broadband Radio Service (CBRS), which is a band (band 48) of radio frequency (RF) spectrum from 3.5 GHz to 3.7 GHz and designated as the innovation band by the FCC. Today Celona’s products serve as the foundation for Verizon’s Onsite Private 5G Service and NTT’s P5G offering.
Taken together, I anticipate that the Velaspan Celona alliance is ready to accelerate enterprise adoption of MPC, especially in addressing and fulfilling specific use cases swiftly and affordably due to Velaspan’s ability to deliver managed services that can streamline integration of private wireless technology within existing IT workflows.
Disclosure: The Futurum Group is a research and advisory firm that engages or has engaged in research, analysis, and advisory services with many technology companies, including those mentioned in this article. The author does not hold any equity positions with any company mentioned in this article.
Analysis and opinions expressed herein are specific to the analyst individually and data and other information that might have been provided for validation, not those of The Futurum Group as a whole.
Other insights from The Futurum Group:
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OCI and Druid Software Ready to Stimulate Private 5G Network Uptake
Author Information
Ron is an experienced, customer-focused research expert and analyst, with over 20 years of experience in the digital and IT transformation markets, working with businesses to drive consistent revenue and sales growth.
Ron holds a Master of Arts in Public Policy from University of Nevada — Las Vegas and a Bachelor of Arts in political science/government from William and Mary.
