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Private 5G Market worth $24.84 billion by 2032 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Aug. 3, 2026 /PRNewswire/ — According to MarketsandMarkets™, the global private 5G market is projected to grow from USD 5.35 billion in 2026 to USD 24.84 billion by 2032, growing at a CAGR of 29.1%.

Browse 160 market data Tables and 75 Figures spread through 210 Pages and in-depth TOC on “Private 5G Market – Global Forecast to 2032”

Private 5G Market Size & Forecast:

Market Size Available for Years: 2021–20322026 Market Size: USD 5.35 billion2032 Projected Market Size: USD 24.84 billionCAGR (2026–2032): 29.1%

Private 5G Market Trends & Insights:

The growth of the private 5G market is being accelerated by the expansion of industrial automation and edge data processing across enterprises. This leads to an increase in connected cellular nodes per individual facility. As bandwidth requirements increase and network architectures become decentralized, traditional enterprise Wi-Fi approaches are being replaced. Enterprise operators are adopting advanced technologies such as standalone 5G (SA) cores, Open Radio Access Network (Open RAN) architectures, and Multi-access Edge Computing (MEC) platforms. This technological transition expands the overall market value. Emerging applications include autonomous mobile robots, artificial intelligence integration, predictive maintenance, and smart manufacturing.By network type, the standalone 5G segment is expected to dominate the market throughout the forecast period.By frequency band, the mid-band segment is expected to record the fastest CAGR of 30.5% during the forecast period.By cloud model, the market for the on-premises (private/dedicated cloud) segment is projected to reach USD 9,350.6 million in 2032.By offering, the services segment is expected to dominate the market during the forecast period.By region, Asia pacific is expected to record the highest CAGR in the private 5G market during forecasted period.

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Market growth is driven by the increasing demand for secure, high-speed, and ultra-low-latency wireless connectivity across manufacturing, energy & utilities, transportation & logistics, healthcare, mining, defense, and enterprise campus applications. The rapid progress in edge computing, cloud-native core architectures, network slicing, and real-time AI analytics is creating strong demand for private 5G infrastructure capable of supporting mission-critical, automated, and data-intensive operations. End users are increasingly exploring standalone (SA) 5G, non-standalone (NSA) 5G, and micro-network deployments to improve operational efficiency, protect proprietary data, support complex industrial environments, and enable scalable enterprise automation. Growing investments in network hardware systems such as radio access network (RAN) hardware, base stations, small cells, edge servers, and core gateways are further strengthening demand for advanced private 5G solutions worldwide.

The on-premises (private/dedicated cloud) segment is expected to account for the largest share of the private 5G market, by cloud model, during the forecast period.

On-premises (private/dedicated cloud) models are expected to maintain a dominant share of the private 5G network market due to their ability to deliver strict data sovereignty, enhanced security, and predictable ultra-low latency. These private cloud architectures can operate across factory floors, energy plants, logistics centers, connected hospitals, and defense facilities with complete operational isolation from public cellular networks. Private and dedicated cloud models are increasingly being deployed for real-time asset tracking, autonomous mobile robot (AMR) control, remote machinery operations, and mission-critical telemetry. Their localized architecture enables full enterprise governance over sensitive operational data and network configurations in environments governed by strict data privacy mandates. The increasing development of cloud-native core software, local multi-access edge computing (MEC) servers, and containerized network functions is further strengthening the adoption of private and dedicated cloud solutions.

Services are expected to record the highest CAGR in the private 5G market, by offering, during the forecast period.

Services are expected to record the highest growth rate in the private 5G market owing to their critical role in network planning, system integration, deployment, and operational management. Enterprise private cellular networks require specialized service components such as spectrum consulting, network architecture design, infrastructure installation, system integration, network optimization, and managed security services. These services form the primary operational framework for private 5G deployments and directly influence network performance, latency management, data security, and system scalability. The segment is witnessing strong demand as enterprises adopt private wireless networks across manufacturing facilities, warehousing & logistics hubs, energy utilities, healthcare centers, mining sites, and smart campus environments. Continuous developments in cloud-managed network platforms, automated network slicing, multi-access edge computing integration, and managed network models are further enhancing deployment efficiency and network management capability. As private 5G networks transition from initial pilot testing toward widespread commercial adoption, services are expected to remain a primary growth driver in market expansion.

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Asia Pacific is expected to account for a significant share of the private 5G network market throughout the forecast period.

Asia Pacific is expected to maintain a significant position in the private 5G industry, supported by strong industrial manufacturing ecosystems, increasing investments in Industry 4.0 initiatives, and rising adoption of automation across China, Japan, South Korea, India, Singapore, and other key regional markets. The region is witnessing rapid development of private cellular network infrastructure driven by advancements in multi-access edge computing (MEC), standalone (SA) 5G cores, localized radio access networks (RAN), and cloud-native software platforms. Growing demand for secure, dedicated connectivity in manufacturing, warehousing & logistics, energy & utilities, mining, smart ports, healthcare, and public infrastructure is further supporting market expansion. Several telecommunication providers and technology vendors in the region are actively expanding their enterprise private network portfolios, improving equipment deployment capabilities, and strengthening commercialization strategies. In addition, government-led digital transformation policies, dedicated industrial spectrum allocations, and supportive regulatory frameworks are expected to further strengthen Asia Pacific’s position in the global private 5G market.

Major companies operating in the private 5G companies include Telefonaktiebolaget LM Ericsson (Sweden), Huawei Technologies Co., Ltd. (China), Nokia (Finland), ZTE Corporation (China), Hewlett Packard Enterprise Development LP (US), Samsung (South Korea), NEC Corporation (Japan), Oracle (US), Cisco Systems, Inc. (US), and Ciena Corporation (US).

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MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

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SparkLabs and Mirae Asset Launch a Venture Capital Fund for Central Asian Startups

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SEOUL, South Korea, Sept. 20, 2026 /PRNewswire/ — Qazaqstan Investment Corporation (QIC), IT Park Ventures (Uzbekistan), Mirae Asset Venture Investment and SparkLabs Group have signed a term sheet to establish SparkLabs Mirae Silk Road Fund I LP, a new venture capital fund. The fund will be managed by Mirae Asset Venture Investment and SparkLabs Group.

The signing took place in Seoul during the state visits of the Presidents of Kazakhstan and Uzbekistan to Korea and the first Central Asia–Republic of Korea Summit.

During this past week, South Korea and Kazakhstan signed commercial agreements worth US$18.95 billion. Kazakhstan is a country of 20 million people with its core industries being oil and gas, and among the highest producers of iron and silver in the world. Uzbekistan is a country of 39 million people, and they are the largest electricity producer in Central Asia.

Qazaqstan Investment Corporation (QIC) is Kazakhstan’s national fund of funds and are anchor investors along with IT Park Ventures, the venture capital arm of the country’s state technology park. The new venture capital fund will back Central Asian startups at the Series A and later, which are businesses with a proven model that are ready to scale beyond the region. The fund is sector-agnostic but focuses on AI-native companies, where artificial intelligence is core to the product and business model.

“Higgsfield becoming Kazakhstan’s first unicorn was a turning point. It showed that a world-class AI company can be built in Central Asia. And it won’t be the last with more than half of the region’s population is under 30, growing up digital and our governments actively investing in AI. Yet the region is still largely overlooked by international investors, and that’s the opportunity this fund is built for,” explained Aslan Sultanov, Co-founder and General Partner at SparkLabs Mirae Silk Road.

Former Coinbase CTO and Partner at Andreessen Horowitz, Balaji Srinivasan, reopened his Network School in Kazakhstan last month. Telegram launched an AI lab and opened their first regional office in Kazakhstan this past year.

Beyond capital, portfolio companies will gain access to the SparkLabs and Mirae Asset’s global networks, along with hands-on support in expanding into South Korea, the United States and the MENA region.

About the Partners

SparkLabs Group is a network of startup accelerators and venture capital funds that has invested in over 600 startups across 6 continents since December 2013. These companies include OpenAI, SpaceX, Vectara, Kneron, Anthropic, Nex Team, Kraken, GenG, Lyft, MetAI, and others.

Mirae Asset Venture Investment is the venture capital arm of Mirae Asset Financial Group, one of Asia’s largest independent financial groups with over US$845 billion in assets under management. The company operates worldwide across 18 markets, and manages a fully diversified global investment platform encompassing ETFs, alternative investments, and traditional strategies.

Qazaqstan Investment Corporation (QIC) is Kazakhstan’s national fund of funds and part of Baiterek National Managing Holding. QIC invests in private equity and venture capital funds alongside international and private partners, with the goal of attracting long-term capital into Kazakhstan and developing the country’s investment ecosystem. QIC participates in 19 funds with a combined capitalization of $2.8 billion.

IT Park Ventures is the venture capital arm of IT Park Uzbekistan, the country’s state technology park and the main platform supporting Uzbekistan’s IT industry and tech exports. IT Park Ventures invests in startups from Uzbekistan and Central Asia and co-invests with international funds, connecting regional founders with global capital and markets.

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SOURCE SparkLabs Group

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AECOM Data Breach Investigation: Edelson Lechtzin LLP Probes Class Action Claims After Hackers Allege Theft of More Than 1 TB of Data

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National class action law firm offers free, confidential case evaluations to AECOM employees, clients, and others whose personal information may have been exposed in the reported AECOM data breach.

DALLAS, Sept. 20, 2026 /PRNewswire/ — Edelson Lechtzin LLP, a national class action law firm, is investigating data privacy claims arising from a reported data breach at AECOM, the U.S.-based multinational infrastructure and engineering firm. Anyone who has received a data breach notice from AECOM, or who believes their personal information may have been exposed, can request a free case evaluation.

AECOM data breach — at a glance:

Company: AECOM, a Texas-based, multibillion-dollar multinational infrastructure consulting, engineering, design, and construction management firm.Reported: A cyberattack said to have occurred on or about September 17, 2026, first surfaced on dark web monitoring sites.Hackers’ claims: The group Metaencryptor claimed responsibility for an attack said to involve approximately 1.22 terabytes (TB) of data. Separately, dark web monitoring service Breachsense listed a related AECOM leak of roughly 670GB attributed to a group identified as BrainCipher.Status: The breach and the hackers’ claims remain unconfirmed. AECOM has not publicly detailed the scope or impact.Who may be affected: Current and former AECOM employees, clients, and others whose data AECOM held.Cost to you: Nothing. Case evaluations are free and confidential.

What Happened

According to a September 17, 2026 post on the dark web monitoring site Ransomware.live, the hacker group Metaencryptor claimed responsibility for a cyberattack on AECOM that allegedly affected about 1.22 TB of data. The cybersecurity blog HookPhish similarly reported that Metaencryptor was behind a suspected attack on the engineering firm.

Separately, the dark web monitoring service Breachsense reported an AECOM data leak listed at approximately 670GB, attributed to a group it identified as BrainCipher. Breachsense also indexed thousands of AECOM-linked credentials circulating online, including 27,434 @aecom.com accounts drawn from external breaches and 6,077 credentials tied to aecom.com itself — among them thousands of logins found in “combo lists” and in infostealer malware logs, many with plaintext passwords. Breachsense cautioned that those credentials may belong to either customers or staff and are not necessarily connected to the claimed attack.

The breach has not been confirmed, and important details (including its true scope, the specific data involved, and the number of people affected) are not yet publicly available.

What Personal Information May Be at Risk

The specific data involved in the reported AECOM data breach has not been confirmed. Data breaches like this can expose personal information, increasing the risk of identity theft and fraud. Affected individuals should treat any AECOM breach notification seriously.

Who May Be Affected by the AECOM Data Breach

The investigation focuses on current and former AECOM employees, clients, and anyone else whose personal information AECOM maintained. Anyone who has received a data breach notification from AECOM may face an increased risk of identity theft and fraud and is encouraged to come forward.

Your Legal Options

Edelson Lechtzin LLP is investigating a potential class action to pursue legal remedies on behalf of individuals whose sensitive personal data may have been compromised in the reported AECOM breach. A successful case could recover compensation for losses such as lost time, out-of-pocket costs, and loss of privacy, and could push AECOM to strengthen how it protects personal information. The firm will evaluate your rights and potential claims at no cost.

Recommended Steps to Protect Yourself

Review your account statements and credit reports regularly and stay alert for suspicious activity.Confirm whether your information was involved in the AECOM incident.Preserve any letters or emails you received about the breach.Consider placing fraud alerts and enrolling in credit monitoring.

Contact Us for a Free Case Evaluation

Speak confidentially with a data privacy attorney today: Marc Edelson, Esq., Edelson Lechtzin LLP, 411 S. State Street, Suite N-300, Newtown, PA 18940; Phone: 844-696-7492; Email: medelson@edelson-law.com; Web: www.edelson-law.com. Or click HERE to request a free consultation.

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to data breach litigation, the firm handles class and collective actions involving securities and investment fraud, federal antitrust violations, ERISA employee benefit plans, wage theft, and consumer fraud.

Media and Partnership Inquiries: Use the contact information above to connect with our team regarding interviews, co-counsel opportunities, and referral partnerships.

Legal Notice: This press release may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee a similar outcome. The reported data breach and the hackers’ claims described above are unconfirmed.

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SOURCE Edelson Lechtzin LLP

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iScreen Reaches No. 1 in Graphics & Design Across 94 Markets Following iOS 27 Update

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Extra-large widget experiences, iOS 27-inspired themes and new customization tools drive iScreen’s latest global growth

LOS ANGELES, Sept. 20, 2026 /PRNewswire/ — iScreen, a mobile customization app for iOS and Android, announced that it has reached No. 1 in the Graphics & Design category across 94 countries and regions following its latest iOS 27-focused update.

The update expands iScreen’s Home Screen customization experience with new extra-large widgets, iOS 27-inspired themes, layouts optimized for new screen proportions, and AI-assisted design tools.

Extra-Large Widgets

Built for the larger widget canvas available in iOS 27, iScreen’s new extra-large widgets go beyond simply scaling up existing formats. The collection includes Photo, Album, Music, Calendar, Interactive Refrigerator and Quick Launch widgets, among others. Users can also customize content, layouts and visual styles to create more functional and expressive Home Screen experiences.

iOS 27-Inspired Themes and iPhone Duo Theme Support

iScreen has introduced new iOS 27-inspired themes that combine coordinated wallpapers, transparent-style widgets, icons and other visual elements into complete Home Screen setups.

Selected themes have also been optimized for iPhone Duo’s screen proportions and display dimensions, with wallpapers, widgets and icons adjusted to better fit the new format while maintaining a cohesive visual experience.

AI-Assisted Home Screen Design

iScreen is also testing AI Home Screen Designer with a limited group of users. The feature generates coordinated design suggestions based on users’ preferences for style, color and visual elements, combining wallpapers, widgets and icons into a unified setup.

“The latest iOS update has opened up new possibilities for mobile personalization,” said the iScreen team. “We want to turn those capabilities into practical and creative experiences that make Home Screen design easier and more expressive.”

About iScreen

iScreen is a mobile customization app offering widgets, wallpapers, themes and Home Screen customization tools for iOS and Android devices. With more than 100 million users worldwide, iScreen has ranked No. 1 in Graphics & Design across 94 countries and regions and has been featured by Apple Editorial in 128 countries for five consecutive days.

Official Website: iScreen – Phone Style, iScreen it!
iOS Download: ‎‎iScreen – Widgets & Wallpaper App – App Store
Android Download: iScreen Google Play

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