5G Security Market Giants Spending Is Going to Boom

MarkNtel Advisors has released a research report on the 5G Security Market, covering the forecast period from 2024 to 2030. The research segment utilizes efficient methodologies to convey sales and revenue forecasts for the specified years, enhancing user understanding and supporting well-informed decision-making. Through a combination of qualitative and quantitative data, this report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges. To familiarize both existing businesses and new entrants with the present market scenario, the report delivers detailed growth prospects for the industry and concise insights into competitors.

5G Security Market Insights:

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 thorough examination encompasses crucial details on market trends, size, forecasts, factors contributing to growth, challenges, and evaluations of competitors. The report conducts a comprehensive assessment of the 5G Security Market, offering insights into the latest advancements and presenting an overview of the market landscape.

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.

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5G Security Market Segmentation Analysis

A thorough examination of the 5G Security Market is presented in our research report, meticulously delving into key market segments:

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

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

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Analysis of 5G Security Market Share:

The 5G Security Market's competitive environment is examined extensively via a comprehensive analysis of its competitors. This analysis provides in-depth information on each company's profile, financial achievements, market presence, potential, Research and Development (R&D) expenditures, recent strategic moves in the market, worldwide footprint, strengths and weaknesses, and notable product/service introductions and dominance. The information outlined above offers a comprehensive overview of the prominent market players, including,

Akamai Technologies

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Zscaler, Inc.

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Trend Micro Incorporated

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Vmware

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Frequently Asked Questions (FAQs)

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