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According to Next Move Strategy Consulting, the 5G Security Market is predicted to reach USD 25.45 billion with a CAGR of 40.7% till 2030.
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5G Security Market Market Size: $ 25.45 billion by 2030 CAGR: 40.7% by 2030 Prominant Key Players • Ericsson • Palo Alto Networks • Cisco Systems, Inc. • Allot • Huawei Technologies Co., Ltd. 5G Security Market Major Regions Market Key Segments Europe North America Asia-Pacific LAMEA North America holds the major share of 5G Security Market Asia Pacific is expected to show a steady rise in the 5G security market Next Move Strategy Consulting
Agenda • Market Overview • Market Segmentation • Regional Analysis • Key Market Players • Key Highlights Next Move Strategy Consulting
Market Overview • 5G Security encompasses the comprehensive measures and protocols designed to safeguard the integrity, confidentiality, and availability of data and communications within fifth-generation (5G) wireless networks. • 5G Security leverages advanced technologies such as network slicing and artificial intelligence to proactively identify and mitigate potential threats, thereby ensuring a resilient and secure communication environment. • The demand for 5G technology is rapidly increasing across various industries including automobiles, healthcare, smartphones, and connected devices. • Factors such as lack of encryption in early 5G networks, vulnerability to denial of service (DoS) attacks and botnets is further fueling the growth of 5G security market. Next Move Strategy Consulting
Market Segmentation • By Type • RAN Security • CORE Security • By Component • Solutions • Next Gen Firewall • Data loss Prevention • Antivirus/Antimalware • Disturbed Denial of Service Protection • Security Gateway • Sandboxing • Other Solutions • Services • Consulting • Implementation • Support & Maintenance • By Deployment Mode • On-Premises • Cloud Next Move Strategy Consulting
Market Segmentation • By Application • Virtual & Augmented Reality • Connected Automotive • Smart Manufacturing • Wireless eHealth • Smart Cities • By Industry Vertical • Manufacturing • Healthcare • Energy & Utilities • Retail • Automotive & Transportation • Public Safety • Media & Entertainment • Others • By Architecture • 5G NR Non-standalone • 5G NR Standalone • By Organization Size • Large Enterprises • Small & Mid-size Enterprises Next Move Strategy Consulting
Regional Analysis • North America • The U.S. • Canada • Mexico • Asia-Pacific • China • India • Japan • South Korea • Australia • Rest of Asia-Pacific • RoW • UAE • Saudi Arabia • South Africa • Brazil • Remaining Countries • Europe • The UK • Germany • France • Italy • Spain • Denmark • Netherlands • Finland • Sweden • Norway • Russia Next Move Strategy Consulting
Key Market Players • Ericsson • Palo Alto Networks • Cisco Systems, Inc. • Allot • Huawei Technologies Co., Ltd. • A10 Networks • Nokia Corporation • F5 Networks • Juniper Networks • Spirent Communications plc Next Move Strategy Consulting
Key Highlights Enhanced Security Protocols: 5G networks introduce advanced security measures, including improved encryption, identity management, and network slicing, which enhance overall data protection. Increased Investments: Telecom operators and enterprises are investing heavily in security solutions to safeguard their networks from vulnerabilities associated with the increased connectivity of IoT devices. Regulatory Compliance: Governments and regulatory bodies are implementing stricter cybersecurity regulations, prompting organizations to adopt comprehensive security frameworks to meet compliance standards. Collaborative Ecosystem: Partnerships between telecom providers, cybersecurity firms, and technology vendors are fostering innovation and developing integrated security solutions tailored for 5G networks. Next Move Strategy Consulting
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