5G Security Market Size worth USD 356.25 Million with A CAGR Of 4.4% during the Forecast Period, 2021–2027

 SUMMERY:

Market Research Future published a research report on “5G Security Market Research Report- Global Forecast 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.

Market Highlights:

Global 5G Security Market is expected to reach USD 5,201.4 Million by 2026, registering a CAGR of 44.25 % during the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse into the coming years

Global 5G Security Market has been segmented based on Components, Network Component Security, Architecture, End User, Deployment Type, Vertical and Region.

Based on components, the 5G security market has been segmented into solutions and services.

Solution segmented is further bifurcated into next-generation firewall, data loss prevention, antivirus/antimalware, DDoS protection, security gateway, sandboxing, others. Additionally, the other segment divided into network access control [NAC] and network vulnerability assessment and penetration testing [VAPT]. Furthermore, the services segment is divided into consulting, implementation, support and maintenance.

Based on network component security, the 5G security market has been segmented into RAN Security and Core Security.

Based on architecture, the 5G security market has been segmented into 5G NR non-standalone and 5G NR standalone.

Based on end user, the 5G security market has been segmented into telecom operators and enterprises.

Based on deployment type, the 5G security market has been segmented into cloud and on-premises.

Based on vertical, the 5G security market has been segmented into manufacturing, healthcare, energy and utilities, retail, automotive and transportation, public safety, media and entertainment, others. The other segment is further bifurcated into BFSI, agriculture, and education

The global 5G security market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

 

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Competitive Analysis

The Key Players of the global 5G security market are A10 Networks ( US ), Akamai ( US ), Allot ( Israel ), AT&T ( US ), Avast ( Czech Republic ), Check Point ( US ), Cisco ( US ), Clavister ( Sweden ), Colt Technology ( UK ), Ericsson ( Sweden ), F5 Networks ( US ), ForgeRock ( US ), Fortinet ( US ), G+D Mobile Security ( Germany ), Huawei ( China ), Juniper Networks ( US ), Mobileum ( US ), Nokia ( Finland ), Palo Alto Networks ( US ), Positive Technologies ( UK ), Radware ( Israel ), Riscure ( The Netherlands ), Spirent ( US ), Trend Micro ( Japan ), and ZTE ( China ).

 

Regional Analysis

The regional analysis for the global 5G security market has been done for North America, Europe, Asia-Pacific, and the Middle East & Africa, and South America. The market in North America accounted for the largest market share in 2019, and it is expected to register strong growth during the forecast period. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period. This growth can be attributed to the increasing attacks on critical infrastructure among the various verticals.

 

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