5G Security Market Scope, Size, Share, Growth Opportunities and Future Strategies 2030: MarkNtel Advisors
The Global 5G Security Market size is around USD 2.2 billion in 2023 and estimated to grow at a CAGR of about 39.25% during the forecast period 2024-30. Palo Alto Networks, Thales Group, A10 Networks Inc., Allot, AT&T Intellectual Property, F5, Inc are leading 5g security companies.
5G Security Market Analysis and Size:
As per recent research by MarkNtel Advisors, 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.
Market Drivers : 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.
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5G Security Market Scope:
The 5G Security Market is segmented into different categories. This segmentation enables a detailed analysis of specific areas of growth, aiding in strategic market approaches. It helps identify key application areas and variances within target markets, facilitating focused strategies to capitalize on niche opportunities.
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
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5G Security Market Geographical Analysis:
By Region:
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Competitive Landscape and 5G Security Market Share Analysis:
The 5G Security market is highly competitive, with several key players dominating the landscape. Some of the prominent companies in the market include:
- Telefonaktiebolaget LM Ericsson
- Palo Alto Networks
- Thales Group
- A10 Networks Inc.
- Allot
- AT&T Intellectual Property
- Check Point Software Technologies Ltd.
- Fortinet Inc.
- Spirent Communications
- Jupiter Networks Inc.
- Others
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Questions Addressed in this Study
1.What factors are driving the 5G Security Market growth?
2.How is the 5G Security Market expected to grow over the next five years?
3.What are the key insights into the current trends in the 5G Security Market?
4.What is the current size of the 5G Security Market, and how is it projected to change in the future?
6.What is the future outlook for the 5G Security Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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