The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), 5G Security Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
5G Security Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, 5G Security Market size was valued around USD 2.2 billion in 2023 and estimated to grow at a CAGR of about 39.25% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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What is Included in 5G Security Market Segmentation?
The report has segmented the market into the following categories:
By Component
- Solution- Market Size & Forecast 2019-2030, USD Million
- Next gen firewall- Market Size & Forecast 2019-2030, USD Million
- Antivirus/Antimalware- Market Size & Forecast 2019-2030, USD Million
- Security Gateway- Market Size & Forecast 2019-2030, USD Million
- Distributed Denial of Service Protection (DDoS)- Market Size & Forecast 2019-2030, USD Million
- Sandboxing- Market Size & Forecast 2019-2030, USD Million
- Others (Encryption Software, Intrusion Detection and Prevention Systems (IDPS), etc.) – Market Size & Forecast 2019-2030, USD Million
- Services- Market Size & Forecast 2019-2030, USD Million
- Consulting & Advisory Services- Market Size & Forecast 2019-2030, USD Million
- Managed Services- Market Size & Forecast 2019-2030, USD Million
- Others (Application & Content Services, Support & Maintenance, etc.)- Market Size & Forecast 2019-2030, USD Million
By Deployment
- Cloud- Market Size & Forecast 2019-2030, USD Million
- On-Premise- Market Size & Forecast 2019-2030, USD Million
By Architecture
- Radio Access Network (RAN)- Market Size & Forecast 2019-2030, USD Million
- New Radio (NR) Standalone- Market Size & Forecast 2019-2030, USD Million
- New Radio (NR) Non-Standalone- Market Size & Forecast 2019-2030, USD Million
- Mobile Core Security- Market Size & Forecast 2019-2030, USD Million
By End-Users
- IT & Telecom- Market Size & Forecast 2019-2030, USD Million
- Banking, Financial Services, and Insurance (BFSI) – Market Size & Forecast 2019-2030, USD Million
- Retail & E-Commerce- Market Size & Forecast 2019-2030, USD Million
- Media & Entertainment – Market Size & Forecast 2019-2030, USD Million
- Others (Healthcare, Hospitality, etc.) – Market Size & Forecast 2019-2030, USD Million
By Organization Size
- Small & Medium- Market Size & Forecast 2019-2030, USD Million
- Large-Market Size & Forecast 2019-2030, USD Million
By Application
- Virtual & Augmented Reality- Market Size & Forecast 2019-2030, USD Million
- Networked-Enabled Robotic and Autonomous Systems- Market Size & Forecast 2019-2030, USD Million
- Distributed Sensing and Communications- Market Size & Forecast 2019-2030, USD Million
- Connected Automotive- Market Size & Forecast 2019-2030, USD Million
- Smart Cities- Market Size & Forecast 2019-2030, USD Million
- Others (Smart Manufacturing, Wireless Brain-Computer Interactions (BCI), etc.)- Market Size & Forecast 2019-2030, USD Million
5G network security solutions are critically important in Virtual Reality (VR) and Augmented Reality (AR) environments due to several reasons like data privacy, low latency requirement, content integrity, device security, and network resilience. VR and AR-based applications involve the collection & transmission of highly critical user data, including personal information. Therefore, 5G security solutions are essentially required to protect user’s privacy by ensuring that their data remains confidential and is not subject to unauthorized access or interception.
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Key Factor Driver 5G Security Industry Growth by 2030
Increasing Security Issues in the 5G Era Prompting the Fusion of 5G Security Solutions – 5G networks offer significantly higher data speeds than previous generations such as 4G & 3G enabling faster downloads, smoother streaming, enhancing overall user experiences, and making it attractive to consumers, business organizations, and other end-users. In addition, 5G networks are designed to be more reliable & resilient, particularly important for mission-critical applications, such as emergency services and critical infrastructure.
Who are the Key Players Operating in the 5G Security Industry?
The top companies of the 5G Security market ruling the industry are:
- Telefonaktiebolaget LM Ericsson
- Palo Alto Networks
- Thales Group
- A10 Networks Inc.
- Allot
- AT&T Intellectual Property
- F5, Inc.
- Check Point Software Technologies Ltd.
- Fortinet, Inc.
- Spirent Communications
- Jupiter Networks Inc.
- Akamai Technologies
- Zscaler, Inc.
- Trend Micro Incorporated
- Vmware
- Others (Blackberry Limited, McAfee, etc.)
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the 5G Security Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the 5G Security industry?
- Which is the Leading segment in the market?
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