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The 5G Innovation Ecosystem

Developing Use Cases with 25 Startups to Watch in 5G

About This Report
In addition to building next-generation smart network infrastructure, 5G startups are piloting use cases across industries that take advantage of the performance advancements of 5G connections.
Table of Contents

Executive Summary

Startups are enabling digital transformation in the adoption of 5G networks. 5G startups are building next-generation smart network infrastructure and also piloting use cases across industries that take advantage of the performance advancements of 5G connections.

How will 5G startups enable digital transformation?

5G startups are developing innovations in next-generation networking hardware and software. They are also developing capabilities enabled by 5G networks’ low latency, higher throughput, and increased density of connections.

How are corporate venture capital funds investing in 5G-enabled startups?

Venture funds are getting back to their roots to support capital-intensive innovations in networking, robotics, cloud and edge computing, and AI.

What are some use cases for 5G connectivity?

Startups are helping pilot and validate key use cases across industries, such as logistics automation, remote patient monitoring, and augmented reality (AR) for field operations.

What are the top startups to watch in 5G?

We identified five key startups innovating with 5G in each of these five areas: networking software and automation; networking hardware; robotics and autonomous vehicles; AR, virtual reality (VR), and mixed reality (XR); and healthcare. Standouts include Celona, Movandi, Pensando, Vecna Robotics, and Zyter.

WHAT’S IN THIS REPORT? In addition to spotlighting 25 key startups to watch, we examine the ecosystem supporting 5G startups—including corporate venture capital funds, incubators, accelerators, studios, and labs.

KEY STAT: Telecoms have diversified their venture capital investments across industries, including healthcare and media, to support applications that take advantage of more of the value chain enabled by 5G networks.

Here’s what’s in the full report


Exportable files for easy reading, analysis and sharing.


Reliable data in simple displays for presentations and quick decision making.

7expert perspectives

Insights from industry and company leaders.

    Table of Contents

    1. Executive Summary
    2. Key Points
    3. Startups Demonstrate Tomorrow’s 5G Use Cases
    4. The 5G Venture Funding Landscape
    1. 5G Startup Support: Accelerators, Incubators, Studios, and Labs
    2. 25 Startups to Watch in 5G
    3. Insider Intelligence Interviews
    4. Read Next
    1. Sources
    2. Media Gallery

    Interviewed for This Report

    Jim Brisimitzis
    5G Open Innovation Lab
    Founder and General Partner
    Interviewed January 14, 2021
    Matthew Cherewka
    Vecna Robotics
    Director, Business Development
    Interviewed January 20, 2021
    Rory Moore
    Co-Founder and CEO
    Interviewed January 28, 2021
    Elise Neel
    Vice President, New Business Incubation
    Interviewed January 20, 2021
    Jiren Parikh
    Ghost Robotics
    President and CEO
    Interviewed January 20, 2021
    Satish Rao
    Chief Product Officer
    Interviewed January 15, 2021
    John Saw
    Executive Vice President, Advanced and Emerging Technologies
    Interviewed January 29, 2021


    Sara M. Watson


    Rahul Chadha
    Director, Report Editing
    Jim Davis
    Principal Analyst
    Caroline Fulford
    Senior Researcher
    Rayna Hollander
    Chris Keating
    Director, Research
    Victoria Petrock
    Principal Analyst
    Yoram Wurmser
    Principal Analyst
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