5G Security Market Growth, Valued at USD 2.2 billion in 2023 with a...

5G Security Market Growth, Valued at USD 2.2 billion in 2023 with a 39.25% CAGR- MarkNtel Advisors

Posted 2024-07-31 22:41:19

Global 5G Security Market: In-Depth Analysis and Forecasts for 2024-2030

MarkNtel Advisors, a leading market research firm, has showed its latest study titled "5G Security Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.

The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.

Analysis and Insights into the 5G Security Market: 2024-2030

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. The factors attributing to the growth in demand for 5G security have been the rising deployment of the 5G network across the globe, especially in countries like the US, the UK, Canada, etc., the growing security concerns about cyber threats & malware attacks, and stringent government regulations mandating the integration of the security solutions.

Request Free Sample of the Report - https://www.marknteladvisors.com/query/request-sample/5g-security-market.html

What are the primary factors driving the growth of the 5G Security Market?

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.

5G Security Market Segmentation:

The 5G Security market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.

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

Geographical Analysis into the 5G Security Market:

The 5G Security market is categorized based regional:

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

View Full Report [Including Description + TOC] - https://www.marknteladvisors.com/research-library/5g-security-market.html

Competitive Landscape and 5G Security Market Share Analysis:

The competitive landscape of the 5G Security Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.

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.)

Sent Customized Report Inquiry - https://www.marknteladvisors.com/query/request-customization/5g-security-market.html

Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Questions Addressed in this Study

What factors are driving the 5G Security Market growth?
How is the 5G Security Market expected to grow over the next five years?
What are the key insights into the current trends in the 5G Security Market?
What is the current size of the 5G Security Market, and how is it projected to change in the future?
What is the future outlook for the 5G Security Market in terms of technological advancements and market expansion?

Why choose MarkNtel?

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.