5G Security Trends and Forecast
The future of the global 5G security market looks promising with opportunities in the manufacturing, healhthacre, retail, automotive and transportation, and public safety markets. The global 5G security market is expected to reach an estimated $13.8 billion by 2030 with a CAGR of 41.1% from 2024 to 2030. The major drivers for this market are increasing use of network slicing to deliver 5G services worldwide, increasing IoT device ransomware assaults, and developments in technology and networks beyond 5G radio access networks.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
5G Security by Segment
The study includes a forecast for the global 5G security by component, deployment model, network security, end use industry, and region.
5G Security Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Solutions
• Services
5G Security Market by Deployment Model [Shipment Analysis by Value from 2018 to 2030]:
• Cloud
• On-Premises
5G Security Market by Network Security [Shipment Analysis by Value from 2018 to 2030]:
• Radio Access Network Security
• Core Security
5G Security Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
• Public Safety
• Others
List of 5G Security Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies 5G security companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the 5G security companies profiled in this report include-
• ERICSSON
• Palo Alto Networks
• Thales
• A10 Networks
• Allot
• AT&T
• Check Point Software Technologies
• Fortinet
• Spirent Communications
• Intel Corporation
5G Security Market Insights
5G Security Market Insights
Lucintel forecasts that solutions is expected to witness the higher growth over the forecast period because of rapid uptake of 5G security solutions by end-user businesses in order to safeguard their private networks.
Within this market, manufacturing will remain the largest segment because of requirement for 5G services to run the machines remotely, increasing installation and use of industry 4.0, which is boosting need for security solutions.
APAC is expected to witness highest growth over the forecast period due to expanded use of cutting-edge technology in the asia-pacific area, including robotics, cloud computing, and artificial intelligence (ai), as well as, real-time automation has changed quickly, and people are using cloud computing apps more frequently.
Features of the Global 5G Security Market
Market Size Estimates: 5G security market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: 5G security market size by various segments, such as by component, deployment model, network security, end use industry, and region in terms of value ($B).
Regional Analysis: 5G security market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different component, deployment model, network security, end use industry, and regions for the 5G security market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the 5G security market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the 5G security market size?
Answer: The global 5G security market is expected to reach an estimated $13.8 billion by 2030.
Q2. What is the growth forecast for 5G security market?
Answer: The global 5G security market is expected to grow with a CAGR of 41.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the 5G security market?
Answer: The major drivers for this market are increasing use of network slicing to deliver 5G services worldwide, increasing IoT device ransomware assaults and developments in technology and networks beyond 5G radio access networks.
Q4. What are the major segments for 5G security market?
Answer: The future of the 5G security market looks promising with opportunities in the manufacturing, healhthacre, retail, automotive and transportation, and public safety markets.
Q5. Who are the key 5G security market companies?
Answer: Some of the key 5G security companies are as follows:
• ERICSSON
• Palo Alto Networks
• Thales
• A10 Networks
• Allot
• AT&T
• Check Point Software Technologies
• Fortinet
• Spirent Communications
• Intel Corporation
Q6. Which 5G security market segment will be the largest in future?
Answer: Lucintel forecasts that solutions is expected to witness the higher growth over the forecast period because of rapid uptake of 5G security solutions by end-user businesses in order to safeguard their private networks.
Q7. In 5G security market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to expanded use of cutting-edge technology in the asia-pacific area, including robotics, cloud computing, and artificial intelligence (ai), as well as, real-time automation has changed quickly, and people are using cloud computing apps more frequently.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the 5G security market by component (solutions and services), deployment model (cloud and on-premises), network security (radio access network security and core security), end use industry (manufacturing, healthcare, retail, automotive and transportation, public safety, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to 5G Security Market, 5G Security Market Size, 5G Security Market Growth, 5G Security Market Analysis, 5G Security Market Report, 5G Security Market Share, 5G Security Market Trends, 5G Security Market Forecast, 5G Security Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.