In-Depth Analysis of the Global 5G Security Market: 2024-2030 Forecasts
Latest Market Study report by MarkNtel Advisors: Market Research Company, “Global 5G Security Market– By Component (Solution [Next gen firewall, Antivirus/Antimalware, Security Gateway, Distributed Denial of Service Protection {DDoS}, Sandboxing, Others], Services [Consulting & Advisory Services, Managed Services, Others])” and other forecast 2024-30”.
This report offers a detailed examination of pivotal aspects including market Size, growth factor, drivers of expansion, encompassed segments, and the pivotal role played by industry leaders.
Insight into the Global 5G Security Market
The Global 5G Security Market size is around USD 2.2 billion in 2023 and is estimated to grow at a CAGR of around 39.25% during the forecast period, i.e., 2024-30.
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Report Coverage & Detailed Breakdown
- Forecast Period: 2024 to 2030.
- Base Year: 2023
- Market Size in 2023: USD 2.2 billion.
- CAGR: 39.25%
Segmentation Analysis: 5G Security Market
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
Cloud deployment is highly preferred in the 5G network security market for several compelling reasons like scalability, flexibility, cost-efficiency, rapid deployment, and centralized management.
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
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Regional/ Countries Insight:
- 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,
5G Security Market Players Analysis
Thorough analysis spotlighting key players in the global 5G Security market, elucidating their strategies and competitive positioning.
- 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
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Key Stakeholder Benefits
- Informed Decision-Making: Empowering stakeholders with comprehensive market insights for strategic decision-making.
- Strategic Planning: Equipping stakeholders with strategic reports to navigate market entry, product development, and competitive strategies.
- Market Sizing & Forecasting: Providing accurate data for informed investment decisions and resource allocation.
- Competitive Benchmarking: Facilitating performance assessment against industry peers and capitalizing on strengths.
- Identifying Investment Opportunities: Enabling stakeholders to spot lucrative investment prospects and maintain a competitive edge.
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