The Business Research Company’s report on the 5G Security Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the 5g security industry?
The increasing cyber-attacks are expected to propel the growth of the 5G security market going forward. A cyber-attack refers to an attack made against a single computer, a network, or many systems by hackers using one or more computers. 5G security provides security and privacy benefits, such as spoofing and anti-tracking measures, as a result, increasing cyber-attacks increase the demand for the 5G security market. For instance, in April 2023, according to The Government of the United Kingdom, a UK-based information website, The Cyber Security Breaches Survey conducted in winter 2022/23 estimated that UK businesses experienced around 2.39 million cases of cybercrime, along with approximately 49,000 fraud incidents linked to cybercrime in the past year. Additionally, charities reported approximately 785,000 cybercrime incidents during this period. Therefore, the increasing cyber-attacks are driving the growth of the 5G security market.
Access Your Free Sample of the Global 5G Security Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=8827&type=smp
What is the estimated market size of the 5g security sector by 2029, based on current forecasts?
The 5G security market size has grown rapidly in recent years. It will grow from $9.65 billion in 2024 to $11.29 billion in 2025 at a compound annual growth rate (CAGR) of 17.0%. The growth in the historic period can be attributed to identity and access management emphasis, virtualization and cloud-native infrastructure, zero trust security models, shift to edge computing.
The 5G security market size is expected to see rapid growth in the next few years. It will grow to $22.83 billion in 2029 at a compound annual growth rate (CAGR) of 19.2%. The growth in the forecast period can be attributed to rapid 5G network expansion, growing IoT integration, escalating cyber threats, regulatory emphasis on security, edge computing security demands. Major trends in the forecast period include development of identity and access management solutions, virtualization and cloud security, ai and ml-powered threat detection, zero trust security models, edge computing security.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=8827&type=smp
#Who are the top players in the 5g security market?
Major companies operating in the 5G security market are 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, McAfee Corp.
#What are the major trends in the 5g security market?
Technological advancements are a key trend gaining popularity in the 5G security. Major companies operating in the 5G security market are focused on developing new technological solutions to strengthen their position. For instance, in February 2022, Palo Alto Networks, a US-based company operating in 5G security launched Cortex XSIAM, the first AI-powered SOC platform deployed by security organizations. This will transform security operations by enabling organizations to build an intelligent data foundation and detect emerging threats across the entire security infrastructure. This collects granular data and alerts to drive machine learning for natively autonomous response actions for the detection of highly sophisticated, emerging threats.
Which geography holds the highest 5g security market share?
North America was the largest region in the 5G security market in 2024. The regions covered in the 5G security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/5g-security-global-market-report
How do different segments contribute to the overall expansion of the 5g security market?
The 5G security market covered in this report is 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
Subsegments:
1) By Solutions: Security Software, Encryption Solutions, Authentication And Access Control Solutions, Security Information And Event Management (SIEM) Solutions
2) By Services: Consulting Services, Managed Security Services, Integration And Deployment Services, Training And Support Services
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8827
What defines the structure and scope of the 5g security market?
5G security refers to security controls that handle multiple dangers, such as increased subscriber identity protection with new mutual authentication capabilities and extra security procedures. 5G security has designed to address threats faced in today’s 4G/3G/2G networks.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
