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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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About MarketsandMarkets™  

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.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

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Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

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LendingTree Launches ChatGPT Plug-In to Reimagine How Consumers Shop for a Mortgage

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CHARLOTTE, N.C., Aug. 4, 2026 /PRNewswire/ — LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation’s leading online financial services marketplace, today announces their ChatGPT plug-in, enabling consumers to explore current mortgage and refinance rates through a natural conversation in ChatGPT, bringing the first step of mortgage shopping into one of the world’s fastest-growing AI experiences.

Consumers can share details like estimated credit score, state, and loan amount while conversing with the plug-in to instantly see how those factors can affect available rates. When they’re ready, they can seamlessly continue to LendingTree.com to compare personalized offers from LendingTree’s network of lenders.

Comparing mortgage offers is one of the most effective ways consumers can save money when buying a home. A recent LendingTree analysis found that borrowers who shop around could save an average of $62,572 over the life of a 30-year fixed-rate mortgage. The LendingTree ChatGPT app helps consumers take that important first step.

“Consumers are changing how they research financial decisions, and we’re meeting them where they are,” said Scott Peyree, Chief Executive Officer at LendingTree. “Our ChatGPT plug-in brings the power of LendingTree’s mortgage marketplace into a conversational experience, making it easier to explore rates and understand the impact of key borrowing factors before applying for a loan. By making it easier to compare options from the very beginning of the homebuying journey, we’re helping consumers make more confident borrowing decisions.”

To access the LendingTree ChatGPT plug-in, consumers can visit LendingTree’s page in the plug-in directory and click “Install”. Once installed, users can ask about current mortgage and refinance rates directly within ChatGPT and before continuing to LendingTree.com for personalized offers.

Disclaimer

The app does not provide lender-specific quotes, approvals, pre-qualification, financial advice, or any promise of a specific rate within ChatGPT or on LendingTree’s site. LendingTree is responsible only for the LendingTree content and functionality within the LendingTree app experience and is not responsible for ChatGPT-generated responses or any content or functionality outside of the LendingTree app experience.

Consumers should consult with qualified financial, tax, legal, and/or mortgage professionals to determine which loan product, if any, is appropriate for their individual circumstances.

About LendingTree, Inc.

LendingTree, Inc. is the parent of LendingTree, LLC and several companies owned by LendingTree, LLC (collectively, “LendingTree” or the “Company”).

LendingTree (NASDAQ: TREE) is one of the nation’s largest, most experienced online financial platforms, created to give consumers the power to win financially. LendingTree provides customers with access to the best offers on loans, credit cards, insurance and more through its network of over 430 financial partners. Since its founding, LendingTree has helped millions of customers obtain financing, save money, and improve their financial and credit health in their personal journeys. With a portfolio of innovative products and tools and personalized financial recommendations, LendingTree helps customers achieve everyday financial wins.

LendingTree, Inc. is headquartered in Charlotte, NC. For more information, please visit www.lendingtree.com.

MEDIA CONTACT:
press@lendingtree.com

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SOURCE LendingTree, Inc.

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New Report Quantifies Multimillion-Dollar Economic and Innovation Impact of Fiber Broadband in New Mexico

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Comprehensive study reveals surging internet speeds, $77 million in added home values, job creation & the rise of the nation’s first open-access quantum network

ALBUQUERQUE, N.M., Aug. 4, 2026 /PRNewswire/ — Ezee Fiber has released a comprehensive economic study, “Expanding Opportunities in the Land of Enchantment with Glass: New Mexico and Fiber.” The report integrates national economic frameworks with local insights to showcase how the rapid expansion of fiber-optic infrastructure is reshaping New Mexico’s economy, housing markets, public safety systems, and technology ecosystems.

“This independent report demonstrates that our multi-million-dollar investment in New Mexico is a direct investment in the long-term prosperity of New Mexico,” said Carlos Rosas, SVP and General Manager for Ezee Fiber. “We are building the foundational infrastructure that drives local job growth, boosts real estate values, and fosters local tech innovation. Beyond the infrastructure we are bringing to New Mexico, we are deeply committed to being a trusted community partner, hiring locally, and delivering the world-class, multi-gigabit connectivity that New Mexicans deserve to live, work, and thrive.” 

The report shows that New Mexico has made significant strides in closing the digital divide. When the New Mexico Office of Broadband Access and Expansion (OBAE) was established in 2022, only 72% of the state had high-speed internet access. By early 2026, that number surged to 90% (connecting approximately 770,000 locations), with state projections targeting 94% by the end of 2026 on a trajectory toward 100% universal coverage.

Key Findings from the Report:

Fast Internet Speeds: Widespread commercial deployments have dramatically accelerated regional performance. Between 2022 and 2025, median download speeds more than doubled in Albuquerque (from 142 Mbps to over 285 Mbps) and in Santa Fe (from 100 Mbps to over 225 Mbps).A Multimillion-Dollar “Fiber Premium” for Homeowners: The presence of high-speed fiber added an aggregate $51.2 million in housing value to sold single-family homes in Albuquerque and $25.9 million in Santa Fe between 2020 and 2025. Projecting forward, expanding fiber to 90% coverage by 2029 could unlock up to $243 million and $105 million in added real estate value for those cities, respectively.Measurable Job Growth: Fiber infrastructure accounted for an estimated 528 jobs gained in Albuquerque and 133 jobs in Santa Fe between 2021 and 2024. Reaching 90% population deployment by 2029 is projected to generate 3,679 new jobs in Albuquerque and 615 in Santa Fe.Fueling Digital Microbusinesses: According to GoDaddy venture data, digital microbusinesses (fewer than 10 employees) in both cities have dramatically increased their health and activity index, outperforming regional peer cities and directly boosting median household incomes.Pioneering the Quantum Frontier: Utilizing commercial fiber networks, ABQ-Net went live in early 2026 in Albuquerque as the United States’ very first open-access, entanglement-based quantum network facility. It serves as a global testing ground for startups and researchers to validate next-generation cybersecurity and defense applications.Smart Cities and Public Safety: Albuquerque is actively leveraging fiber to power edge AI systems, smart lighting, and sound detection for immediate police dispatch. Furthermore, thermal detection sensors connected via fiber along the Paseo del Bosque multi-use trail successfully identified three active outdoor fires within months of deployment, providing instant alerts to first responders.

“If we are serious about growing our economy, we must invest in fiber. It powers telehealth, expands access to education, and opens the door to good jobs, especially in the communities that need it most,” noted Alison Riley, Vice President of Government Relations & Policy for the New Mexico Chamber of Commerce.

“Reliable internet access impacts workforce development, entrepreneurship, education, health, quality of life; it checks all those things,” added Bridget Dixson, President and CEO of the Santa Fe Chamber of Commerce. “It’s one of the things that’s probably the most important, not just to Santa Fe, but to our entire state.”

Beyond local municipal benefits, the report highlights fiber as the foundational baseline for New Mexico’s powerhouse federal and private industries, including Intel’s advanced $17 billion semiconductor packaging footprint in Rio Rancho, Rocket Lab’s aerospace solar array plant in Albuquerque, Meta’s $3.3 billion Los Lunas data center complex, and PNM’s evolving renewable smart grid technology.

To view the full published report and examine the comprehensive metrics, go to ezeefiber.com/newsroom. 

About Ezee Fiber:

Ezee Fiber is a rapidly growing fiber internet company delivering premium multi-gig service to residential, business, and government customers over a 100% fiber-optic network—at exceptional value. The company’s carrier-grade infrastructure spans Texas, New Mexico, Illinois, Oregon, Michigan and Washington, supported by local teams who live and work in the communities they serve. Ezee Fiber’s industry-leading speeds, award-winning customer service, and transparent pricing model set the company apart. Learn more at www.ezeefiber.com.

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SOURCE Ezee Fiber

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Therap Services Upgrades Attendance Module for Streamlined Daily Documentation and Mobile Access

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TORRINGTON, Conn., Aug. 4, 2026 /PRNewswire/ — Therap Services, the national leader in HIPAA-compliant electronic documentation solutions for organizations in Long-Term Services and Supports (LTSS), Home and Community-Based Services (HCBS), has made key enhancements to its Attendance module. Attendance tracking is now available on the Therap Mobile Application for Apple and Android devices, empowering support teams to manage care data efficiently from anywhere alongside web grid upgrades.

Faster Workflows and Enhanced Care Mobility

Managing billable service time shouldn’t pull care providers away from supporting individuals. Therap’s upgraded Attendance grid and mobile integration remove administrative hurdles by making attendance tracking faster, more intuitive, and fully accessible on iOS and Android devices. Staff can now seamlessly record daily or time-based services, track billable units, and generate claims with greater accuracy and less manual effort.

Key Enhancements and New Features   

Mobile Attendance Functionality: Staff with appropriate roles can now log, update, or delete attendance directly from their mobile devices using convenient bulk-entry features and time trackers.Streamlined Desktop Grid: Features an updated, color-coded interface, simplified date navigation, and integrated service dropdowns that reduce clicks and keep information clear at a glance.Dedicated ‘Incomplete’ Tracking: A distinct tab makes it easier for staff to review, update, and clear pending entries before submitting billing data.Instant Individual Insights: A single click on an individual’s name opens essential service authorization details, Medicaid numbers, and remaining unit balances without navigating away.

Frequently Asked Questions

How do Therap’s Attendance updates benefit providers? The new updates reduce administrative workload, lower data entry errors, and give staff the flexibility to log service hours immediately on mobile devices.Which user roles can enter or edit attendance data on the Therap Mobile Application? Authorized staff assigned with specific Attendance caseload roles can input, update, or delete data based on agency permissions.How do users access report exports and forms in Therap’s Attendance grid? Grid PDFs and reports are now in a quick-access Reports dropdown menu at the top of the Attendance screen.

To learn more about Therap’s Attendance solutions, visit:

Therap Services Attendance Management

About Therap Services

Therap’s comprehensive and HIPAA-compliant software is used in human services settings for documentation, communication, reporting, EVV, and billing.

Learn more at:
https://www.therapservices.net/

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