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According to research firm Counterpoint, the sale of 5G-capable phones surpassed 51% in January, beating the sale of 4G-capable phones for the first time.
Research and consulting firm IDC predicted the revenues generated from the sale of private LTE/5G wireless infrastructure will rise from $1.7 billion in 2021 to $8.3 billion by 2026.
Startups ranging from Kontain to MetaPower to Mixhalo will work in the 5G Open Innovation Lab (5G OI Lab) alongside the lab's new partners, Nokia and Palo Alto Networks.