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Celona.io, a two-year-old enterprise 5G networking vendor, has raised USD 60 million in a Series C round of venture capital, bringing its total funding to USD 100 million.

5G Enterprise Market Size, Trends & Growth | Global Industry Report, 2027

5G Enterprise Market

The global private 5G network market size is expected to reach USD 8.32 billion by 2027 according to a new study by Polaris Market Research. The report "Private 5G Network Market Share, Size, Trends, Industry Analysis Report, By Component Outlook (Hardware, Services); By Frequency (Sub-6 GHZ, mmWave); By Spectrum (Licensed, Unlicensed/Shared); By Vertical (Manufacturing, Energy & Utilities, Transportation & Logistics, Aerospace & Defense, Government & Public Safety, Enterprises, Mining, Healthcare, Oil & Gas, Others); By Regions; Segment Forecast, 2020 - 2027" gives a detailed insight into current market dynamics and provides analysis on future market growth

The combination of Wi-Fi 6 and 5G mobility and an increasingly wired and mobile world of internet of things (IoT) technologies is expected to bring billions of additional devices onto networks in the coming years. This will significantly affect future workplaces, going beyond the apparent trends of remote workers and hybrid workforces.