Fortinet (NASDAQ: FTNT): Most companies hope to gain user revenue growth from 5G investment

Fortinet Latest Research Report shows that the telecom industry is generally optimistic about 5G and its return on investment, but 5G-based products need to be safer and more suitable for enterprise use.

Based on the research of telecommunications businesses, the report points out that 90% expect the average revenue per user (ARPU) growth from 5G investment will be evenly distributed between private and public 5G networks.

Since most private networks will be managed by communication operators themselves, these companies may eventually occupy as much as 75% of the entire 5G market.

However, none of this will be achieved without strengthening the existing security measures. Almost two-thirds (64%) believe that both the architecture and operations need to be strengthened.

In addition, business solutions need to be better customized for specific use cases, and most use cases consider this to be critical or very important.

The report suggests that providing undifferentiated mobile connectivity services will no longer be enough. In order to succeed, the telecommunications industry needs to establish partnerships with other providers and corporate customers to share responsibility

Ronen Shpirer, Director of Solutions Marketing at Fortinet, said“From a basic perspective, the migration of today’s mobile networks to 5G, especially the realization of standalone (SA), has brought new security requirements that far exceed the inherent 5G functions defined by 3GPP. The virtualization, distributed and dynamic nature of the 5G core, with the substantial increase in scalability, the continuous increase in the utilization of multi-access edge computing (MEC) and the overall key use cases, require strong security of infrastructure and business use cases."

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