5G Security Market Set to Experience a Massive 39.25% CAGR During 2024-30

Global Quick Overview of the 5G Security Market Analysis

The objective of the Global 5G Security Market Research Report is to provide a detailed and useful data, and a geographical perspective for predictions of future. The recommendations included in the report are supposed to be insightful and actionable, offering a thorough understanding of the industry. Moreover, it includes a comprehensive table of contents, relevant data, and an analysis of numerous important aspects that have impacted the market.

According to the latest report analysis by MarkNtel Advisors, the Global 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. This detailed study provides a detailed overview of the current market state, including market trends, opportunities, along with the recent developments. In-depth analysis of market share, size, forecast, and competitive landscape is also covered in this report that presents a clear picture of the industry with relevant statistical data.

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Latest Driver Contributing in the 5G Security Industry:

Global 5G Security Market Driver:

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.

5G networks introduce a substantially larger attack surface due to the proliferation of connected devices, massive IoT deployments, and the complexity of the network architecture. The massive deployment of 5G networks in IoT devices poses a significant security risk since these smart & digital devices lack robust security features. As a result, their security is easily compromised and results in network breaches. Therefore, the end-users essentially integrate multi-layered security within the 5G network to ensure network security. Hence, security concerns in the 5G are leading to the amalgamation of various 5G security solutions to safeguard the integrity, availability, and confidentiality of data and services, driving the Global 5G Security Market.

A Detailed Outlook of 5G Security Market Segmentation

The Market Segmentation analysis provides and accurate data of the industry to help the analysts make smart strategic investment decisions. Also, the prediction of the market is included for national, and level in the research. The study analyses latest trends of the industry from 2024-30 for each of the category. Different segments were used to classify the market for this study are listed below:

-By Component

Solution- Market Size & Forecast 2019-2030, USD Million
Services- 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
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

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/5g-security-market.html

Geographical Analysis:

-By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

Geographically, North America witnessed a progression in the Global 5G Security Market owing to increasing deployment of the 5G network in countries like the US & Canada, an increasing adoption of 5G network in the different end-user organizations such as BFSI, Healthcare, IT & Telecom, and an excellent supervisory environment for telecommunications and cybersecurity. North America, particularly the US, has been one of the early adopters of 5G technology. This rapid setting out of 5G networks has driven the demand for 5G security solutions to protect these advanced networks.

Lead the 5G Security Market with a Deep Evaluation of the Competition

This report also includes accurate facts, figures, and market data into income assessments, and projections in the industry by using a wide range of statistical tools and knowledge about the market by the experts. Each notable market participant has a SWOT evaluation, a profile and a complementary Porter’s Five Forces analysis.

Moreover, to take the benefits of new opportunities, dominating players have been constantly realigning their systems, and methods of operation. We also evaluate major businesses that are influences on a geographical scale along with the small and medium-sized businesses that plays crucial role and have substantial opportunity for expansion in order to accurately reflect the levels of market competition.

The details on the following key players is presented in this section as:

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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Key Report Highlights

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

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