5G Security Market Growth, Size, Trends, Revenue, Share, Demand, Challenges and Future Outlook
5G Security Market By Deployment Mode, By Component, By Organization Size, By Network Component Security, By Architecture, By Industry Vertical- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2024 | Report ID: IACT2424 | Pages: 1 - 228 | Formats*: |
| Category : Information & Communications Technology | |||
5G Security Market Introduction and Overview
According to SPER Market Research, the Global 5G Security Market is estimated to reach USD 47.93 billion by 2033 with a CAGR of 39.11%.
The report includes an in-depth analysis of the Global 5G Security Market, including market size and trends, product mix, applications, and supplier analysis. An improved level of security is required for the fifth generation (5G) network, which is a wireless technology involving a complex web of data transfers, radio frequencies, and technical communications. In order to safeguard their networks from security risks, telecom operators worldwide are concentrating on implementing 5G security solutions. Furthermore, in order to grow in the fiercely competitive market, major global providers of 5G security solutions are concentrating on creating 5G security labs.
- July 2022:, Ericsson purchased Vonage Holdings Corp. Ericsson hopes to change how advanced 5G network security capabilities are made available, used, and paid for by utilizing the Vonage CPaaS offering. This will make 5G network capabilities easily accessible to the global developer community, including Vonage's one million+ registered developers, through open Application Program Interfaces (APIs).
- December 2022: The new 5G Cyber-security Lab was introduced by SecurityGen, a telecom security solution provider. The 5G Cyber Security Lab is a state-of-the-art resource designed to help Mobile Network Operators (MNOs) security teams learn about and comprehend 5G networks so they can configure and protect their networks from possible security risks.
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Market Opportunities and Challenges
The market is expanding as a result of factors like the global internet's penetration and growing digitalization. Furthermore, the growing adoption of 5G technology by businesses to improve operations and productivity supports the future growth trends in the 5G security market. Additionally, during the forecast period, the market is anticipated to see profitable growth opportunities due to the growing adoption of cloud, big data, IoT, and AI technologies.
5G deployments are still in the early phases of their product life cycles, since standalone solution-related migrating still requires significant work. Just two advantages of 5G are CUPS and network slicing. In order to offer operators a competitive advantage and efficiently provide the wide range of services that consumers demand, end-to-end 5G networks need to be long-lasting, highly efficient, and adaptable.
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Market Competitive Landscape
To increase their market share in 5G security, these companies have used a variety of growth tactics, including acquisitions, partnerships, agreements, and collaborations, as well as the introduction and improvement of new products. The major players in the Global 5G Security Market include: A10 Networks, Inc., Allot, AT&T, Check Point Software Technologies Ltd., ERICSSON, F5, Inc, Fortinet, Inc., Palo Alto Networks, Spirent Communications, Thales.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Component, By Deployment Mode, By Organization Size, By Network Component Security, By Architecture, By Industry Vertical |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | A10 Networks, Inc., Allot, AT&T, Check Point Software Technologies Ltd., ERICSSON, F5, Inc, Fortinet, Inc., Palo Alto Networks, Spirent Communications, Thales |
COVID-19 Impact on Global 5G Security Market
During the forecast period, the COVID-19 had an impact on the growth of the 5G security market. Owing to the postponement of further trials and necessary testing of solutions to verify the stability and processing capacity of 5G standalone networks, it is highly probable that the COVID-19 outbreak will delay the rollout of 5G infrastructure, which will consequently affect the 5G security market. The ongoing pandemic has also forced telecom regulatory bodies to delay their preparations for the auction of 5G spectrum, which has hampered market expansion.
Key Target Audience
- broad band Service Provider
- Cloud
- Internet of Things
- Media and Entertainment
- IT and Telecom
Our in-depth analysis of the 5G Security Market includes the following segments:
| By Component: |
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| Digital Advertising Market |
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| By Deployment Mode: |
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| By Organization Size: |
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| By Network Component Security: |
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Key Topics Covered in the Report
- Global 5G Security Market Size (FY’2023-FY’2033)
- Overview of Global 5G Security Market
- Segmentation of Global 5G Security Market By Component (Solution, Services)
- Segmentation of Global 5G Security Market, By Deployment Mode (On-Premises, Cloud)
- Segmentation of Global 5G Security Market By Organization Size (Large Enterprises, Small and Medium-sized Enterprises)
- Segmentation of Global 5G Security Market By Network Component Security (Radio Access Network Security, Core Security)
- Segmentation of Global 5G Security Market By Architecture (5G NR Standalone, 5G NR Non-Standalone)
- Segmentation of Global 5G Security Market By Industry Vertical (Manufacturing, IT and Telecom, Healthcare, Retail, Energy and Utilities, Automotive, Media and Entertainment)
- Statistical Snap of Global 5G Security Market
- Expansion Analysis of Global 5G Security Market
- Problems and Obstacles in Global 5G Security Market
- Competitive Landscape in the Global 5G Security Market
- Impact of COVID-19 and Demonetization on Global 5G Security Market
- Details on Current Investment in Global 5G Security Market
- Competitive Analysis of Global 5G Security Market
- Prominent Players in the Global 5G Security Market
- SWOT Analysis of Global 5G Security Market
- Global 5G Security Market Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global 5G Security Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global 5G Security Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global 5G Security Market
7. Global 5G Security Market, By Component (USD Million)
7.1. Global 5G Security Market Value Share and Forecast, By Component 2023-20337.2. Services7.3. Solution
8. Global 5G Security Market, By Deployment Mode (USD Million)
8.1. Global 5G Security Market Value Share and Forecast, By Deployment Mode 2023-20338.2. Cloud8.3. On-Premises
9. Global 5G Security Market, By Organization Size (USD Million)
9.1. Global 5G Security Market Size Value Share and Forecast, By Organization Size 2023-20339.2. Large Enterprises,9.3. Small and Medium-sized Enterprises
10. Global 5G Security Market, By Network Component Security (USD Million)
10.1. Global 5G Security Market Size Value Share and Forecast, By Network Component Security 2023-203310.2. Core Security10.3. Radio Access Network Security
11. Global 5G Security Market, By Architecture (USD Million)
11.1. Global 5G Security Market Size Value Share and Forecast, By Architecture 2023-203311.2. 5G NR Non-Standalone11.3. 5G NR Standalone
12. Global 5G Security Market, By Industry Vertical (USD Million)
12.1. Global 5G Security Market Size Value Share and Forecast, By Industry Vertical 2023-203312.2. Automotive12.3. Healthcare12.4. IT and Telecom12.5. Manufacturing12.6. Media and Entertainment12.7. Retail, Energy and Utilities
13. Global 5G Security Market, Forecast, 2019-2033 (USD Million)
13.1. Global 5G Security Market Size and Market Share
14. Global 5G Security Market, By Component 2019-2033 (USD Million)
14.1. Global 5G Security Market Size and Market Share, By Component (2019-2026)14.2. Global 5G Security Market Size and Market Share, By Component (2027-2033)
15. Global 5G Security Market, By Deployment Mode 2019-2033 (USD Million)
15.1. Global 5G Security Market Size and Market Share, By Deployment Mode (2019-2026)15.2. Global 5G Security Market Size and Market Share, By Deployment Mode (2027-2033)
16. Global 5G Security Market, By Organization Size, 2019-2033 (USD Million)
16.1. Global 5G Security Market Size and Market Share, By Organization Size (2019-2026)16.2. Global 5G Security Market Size and Market Share, By Organization Size (2027-2033)
17. Global 5G Security Market, By Network Component Security, 2019-2033 (USD Million)
17.1. Global 5G Security Market Size and Market Share, By Network Component Security (2019-2026)17.2. Global 5G Security Market Size and Market Share, By Network Component Security (2027-2033)
18. Global 5G Security Market, By Architecture, 2019-2033 (USD Million)
18.1. Global 5G Security Market Size and Market Share, By Architecture (2019-2026)18.2. Global 5G Security Market Size and Market Share, By Architecture (2027-2033)
19. Global 5G Security Market, By Industrial Verticals, 2019-2033 (USD Million)
19.1. Global 5G Security Market Size and Market Share, By Industrial Verticals (2019-2026)19.2. Global 5G Security Market Size and Market Share, By Industrial Verticals (2027-2033
20. Global 5G Security Market, By Region, 2019-2033 (USD Million)
20.1. Global 5G Security Market Size and Market Share, By Region (2019-2026)20.2. Global 5G Security Market Size and Market Share, By Region (2027-2033)20.3. Asia-Pacific
20.3.1. Australia20.3.2. China20.3.3. India20.3.4. Japan20.3.5. South Korea
20.3.6. Rest of Asia-Pacific
20.4. Europe
20.4.1. France20.4.2. Germany20.4.3. Italy20.4.4. Spain20.4.5. United Kingdom20.4.6. Rest of Europe
20.5. Middle East and Africa
20.5.1. Kingdom of Saudi Arabia20.5.2. United Arab Emirates20.5.3. Rest of Middle East & Africa
20.6. North America
20.6.1. Canada20.6.2. Mexico20.6.3. United States
20.7. Latin America
20.7.1. Argentina20.7.2. Brazil20.7.3. Rest of Latin America
21. Company Profile
21.1. A10 Networks
21.1.1. Company details21.1.2. Financial outlook21.1.3. Product summary21.1.4. Recent developments
21.2. Allot
21.2.1. Company details21.2.2. Financial outlook21.2.3. Product summary21.2.4. Recent developments
21.3. AT&T
21.3.1. Company details21.3.2. Financial outlook21.3.3. Product summary21.3.4. Recent developments
21.4. Check Point Software Technologies Ltd
21.4.1. Company details21.4.2. Financial outlook21.4.3. Product summary21.4.4. Recent developments
21.5. ERICSSON
21.5.1. Company details21.5.2. Financial outlook21.5.3. Product summary21.5.4. Recent developments
21.6. F5
21.6.1. Company details21.6.2. Financial outlook21.6.3. Product summary21.6.4. Recent developments
21.7. Fortine
21.7.1. Company details21.7.2. Financial outlook21.7.3. Product summary21.7.4. Recent developments
21.8. Palo Alto Networks
21.8.1. Company details21.8.2. Financial outlook21.8.3. Product summary21.8.4. Recent developments
21.9. Spirent Communications.
21.9.1. Company details21.9.2. Financial outlook21.9.3. Product summary21.9.4. Recent developments
21.10. Thales
21.10.1. Company details21.10.2. Financial outlook21.10.3. Product summary21.10.4. Recent developments
21.11. Others
22. List of Abbreviations
23. Reference Links
24. Conclusion
25. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
5G Security Market is projected to reach USD 47.93 billion by 2033, growing at a CAGR of 39.11% during the forecast period.
5G Security Market grew in Market size from 2022. The Market is expected to reach USD 47.93 billion by 2033, at a CAGR of 39.11% during the forecast period.
5G Security Market CAGR of 39.11% during the forecast period.
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5G Security Market size is USD 47.93 billion from 2023 to 2033.
5G Security Market Segment is covered By Component, By Deployment Mode, By Organization Size, By Network Component Security, By Architecture, By Industry Vertical .
The North America is anticipated to have the highest Market share in the 5G Security Market.
The key players in the Market include Companies Covered A10 Networks, Inc., Allot, AT&T, Check Point Software Technologies Ltd., ERICSSON, F5, Inc, Fortinet, Inc., Palo Alto Networks, Spirent Communications, Thales.
An improved level of security is required for the fifth generation (5G) network, which is a wireless technology involving a complex web of data transfers, radio frequencies, and technical communications.
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