The 5G security market size is set to expand significantly, growing from $9.65 billion in 2024 to $11.29 billion in 2025 at a compound annual growth rate (CAGR) of 17.0%. The rapid growth during this period can be ascribed to an emphasis on identity and access management, adoption of virtualization and cloud-native infrastructure, and shift towards zero trust security models. Moreover, the evolution of edge computing further propels the market growth.
By 2029, the market is expected to reach an impressive size of $22.83 billion, exhibiting a robust CAGR of 19.2%. Key growth drivers in the forecast period consist of rapid 5G network expansion, escalating integration of Internet of Things (IoT), burgeoning cyber threats, mounting regulatory emphasis on security, and increasing demand for edge computing security. Major trends shaping the future market include the development of identity and access management solutions, virtualization, and cloud security, AI and ML-powered threat detection, and zero trust security models.
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What Are The Primary Drivers Of The 5G Security Market?
The 5G security market is witnessing considerable growth, owing to the increasing rate of cyber-attacks. Cyber-attacks, directed towards a single computer, a network, or multiple systems, by hackers, are increasingly prevalent. 5G security counters these threats by offering security and privacy benefits, including spoofing and anti-tracking measures. Consequently, escalating incidences of cyber-attacks heighten the demand for the 5G security market.
How Is The 5G Security Market Segmented?
1) By Components: Solutions, Services
2) By Deployment Type: On-Premises, Cloud
3) By Organization Size: Large Enterprises, SMEs
4) By Application: Virtual And Augmented Reality, Connected Automotive, Smart Manufacturing, Smart Cities, Other Applications
5) By Industry Vertical: Manufacturing, Healthcare, Retail, Automotive And Transportation, BFSI, Other Industry Verticals
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Who Are The Major Players In The 5G Security Market?
Major players in the 5G security market include Telefonaktiebolaget LM Ericsson, Palo Alto Networks Inc., Cisco Systems Inc., Allot Ltd., Huawei Technologies Co. Ltd., A10 Networks, Nokia Networks, F5 Networks Inc., Juniper Networks Inc., Spirent Communications PLC, Fortinet Inc., Mobileum Inc., Trend Micro Inc., Radware Inc., Riscure B.V., G+D Mobile Security, China Mobile Ltd., Cloudflare Inc., DigitCert Inc., Infineon Technologies AG, ZTE Corporation, Akamai Technologies Inc., Colt Technology Services Group Limited, CLAVISTER, AT&T Inc., Avast Software s.r.o., Check Point Software Technologies Ltd., ForgeRock Inc., Positive Technologies, Thales Group, Symantec Enterprise, and McAfee Corp.
What Trends Are Emerging In The 5G Security Market?
Technological advancements are a key emerging trend in the 5G security market. Major companies are focused on developing technologically advanced solutions to strengthen their market position. For instance, Palo Alto Networks launched Cortex XSIAM in February 2022, an AI-powered SOC platform offering transformative capabilities to security organizations.
Which Region Dominates The 5G Security Market?
North America emerged as the largest region in the 5G security market in 2024. Other regions explored in the 5G security market report include Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East, and Africa.
What Does The 5G Security Market Report 2025 Offer?
5G security identifies and addresses multiple threats like enhancing subscriber identity protection with new mutual authentication capabilities and additional security measures. This market report from The Business Research Company provides global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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