NEW YORK, Oct. 22, 2024 /PRNewswire/ -- The slowing of the 5G network rollout in 2023 has had a knock-on effect on the market demand for enterprise cybersecurity, according to ABI Research, a global technology intelligence firm. The much-anticipated uptake of 5G network security will take longer to emerge, with the current macroeconomic conditions tightening enterprise spending budgets and impacting 5G uptake, resulting in a US$1.2 billion shortfall in 2024 over previous anticipated global revenues.
"Mobile Network Operators (MNOs) have been hoping to capitalize on their 5G investments through the offer of security solutions to the enterprise market, especially now that the bulk of investment in infrastructure security is complete. However, the slow adoption of applications in Massive Machine Type Communication (MMTC) and Ultra Reliable Low Latency Communication (URLLC) has dried up potential new revenue streams. This doesn't mean there isn't a lucrative security market for these applications going forward, but for the moment, it is delayed as enterprises look to cut costs in an uncertain economic climate," explains Michela Menting, Senior Research Director at ABI Research.
MNOs will have to readjust their outlook for the longer term. MMTC remains a significant market opportunity for 5G network security, not least as cellular IoT deployments are primarily secured through the network due to restricted device capabilities, limiting on-device security solutions. Network segmentation, through slices using virtualized appliances and software orchestration solutions, will need to be packaged and offered by MNOs in a manner that appeals from both a cost and simplicity perspective. Not an easy feat to accomplish, enterprises are a discerning and demanding target market, and MNOs with competitive and modular security solutions will appeal to this exigent segment.
Menting concludes, "Ultimately, the future market for 5G network security will be largely dependent on how providers, including MNOs but also third parties such as technology suppliers and cybersecurity vendors, craft appealing solutions for the enterprise space that can transcend economic headwinds. The key is to focus on selling security as a value-add, showcasing how 5G network security can be a strategic business-enabler."
These findings are from ABI Research's Market Data on 5G Network Security Revenue market data report. This report is part of the company's Telco Cybersecurity research service, which includes research, data, and ABI Insights. Market Data spreadsheets are composed of deep data, market share analysis, and highly segmented, service-specific forecasts to provide detailed insight into where opportunities lie.
About ABI Research
ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.
ABI Research是一家全çƒæ€§çš„技术情报公å¸ï¼Œæ‹¥æœ‰å¾—天独厚的优势，充当终端市场公å¸å’ŒæŠ€æœ¯è§£å†³æ–¹æ¡ˆæ供商之间的桥æ¢ï¼Œé€šè¿‡æä¾›ç‹¬å®¶ç ”ç©¶å’Œä¸“ä¸šæ€§æŒ‡å¯¼ï¼ŒæŽ¨åŠ¨æˆåŠŸçš„技术实施和æä¾›ç»è¯æ˜Žå¯å¸å¼•å’Œç•™ä½å®¢æˆ·çš„æˆ˜ç•¥ï¼Œæ— ç¼è¿žæŽ¥è¿™ä¸¤å¤§ä¸»ä½“。
For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
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Feeble ROI in 5G Network Security Market Feeling Sting of Global Economic Slowdown
SINGAPORE and NEW YORK, June 18, 2026 /PRNewswire/ -- Vibefam, the all-in-one operating system for fitness businesses, announced the completion of a US$1 million seed funding round led by a Singapore-based family office with a strong track record of backing category-defining technology companies. In addition to capital, the investor brings deep operating insight and a network built through years of supporting founders and working alongside leading venture investors.
Today, Vibefam powers more than 700 fitness locations worldwide and serves over 500,000 end users. The platform supports a diverse range of fitness businesses, including Pilates studios, yoga studios, strength and conditioning gyms, dance academies, martial arts schools, and boutique fitness brands.
The investment will accelerate Vibefam's mission to help fitness businesses launch, operate, and scale through a unified platform that combines operations, payments, customer engagement, and growth solutions within a single platform.
The funding comes at a time when fitness operators are increasingly seeking intelligent operating platforms that unify operations, payments, and customer engagement, replacing fragmented technology stacks and legacy software platforms.
"Fitness businesses deserve technology that works as hard as they do," said Serene Lim, Co-Founder and CEO of Vibefam. "Many operators still juggle multiple disconnected systems to manage bookings, payments, customer communication, marketing, and reporting. We're building a platform that brings everything together, helping businesses operate more efficiently while delivering better experiences to their customers."
The newly raised capital will primarily be invested into artificial intelligence and embedded financial services, two areas the company believes will fundamentally reshape how service businesses operate.
In July 2026, Vibefam will launch Vibe AI, a messaging-native customer engagement platform that allows members to interact with fitness businesses through natural conversations. From answering enquiries and recommending classes to completing bookings and re-engaging inactive customers, the platform helps businesses deliver instant service at scale without increasing administrative workload.
The company is also expanding its embedded finance capabilities through a growing network of financial partners, enabling eligible businesses to access funding directly within the Vibefam platform to support expansion, hiring, equipment purchases, and working capital needs. By leveraging operational data already available on Vibefam, eligible businesses can gain faster access to growth capital with significantly reduced paperwork and approval times.
"We believe the future of business software will be proactive, intelligent, and deeply embedded into the daily operations of every business," Lim added. "The opportunity extends far beyond managing bookings and payments. We're building infrastructure that helps fitness businesses acquire customers, automate operations, access capital, and make better decisions every day."
The funding will support continued product development, strategic hiring, and the expansion of Vibefam's AI and embedded finance capabilities as the company continues its evolution into a comprehensive operating system for fitness businesses.
About Vibefam
Vibefam is an AI-powered operating system for fitness businesses. The platform helps gyms, studios, and wellness operators manage scheduling, memberships, payments, customer engagement, reporting, and growth from a single platform. Today, Vibefam powers more than 700 fitness locations worldwide and serves over 500,000 end users.
Vibefam is also backed by leading early-stage investors including Hustle Fund and Ignite Asia, alongside strategic investors and operators from the fitness and wellness industry who bring deep expertise in building and scaling consumer and service businesses.
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Vibefam Raises US$1 Million to Build an AI-Powered Operating System for Fitness Businesses
