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Global 5G Security Industry to 2026 - Increasing Operator Investments for Dynamic Infrastructure Presents Opportunities

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News provided by

Research and Markets

Feb 22, 2021, 15:00 ET

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DUBLIN, Feb. 22, 2021 /PRNewswire/ -- The "5G Security Market by Component (Solutions (Next-Generation Firewall, Antivirus, DDOS Protection, DLP, Security Gateway) and Services), Network Component Security, Architecture, Deployment Type, End User, Vertical, and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

The global 5G security market size is projected to grow from $580 Million in 2020 to $5,226 Million by 2026, at a CAGR of 44.3% during the forecast period.

The 5G security market is gaining traction due to rising security concerns in the 5G networks, increasing ransomware attacks on IoT devices, rising attacks on critical infrastructure, and increasing IoT connections paved way for mMTC with enhanced security requirement. However, the high cost of 5G security solutions will restrain the adoption by SMEs.

Based on solution type, the DDoS protection solution segment is expected to grow with the fastest growth rate during the forecast period

The DDoS protection segment is projected to grow with the most rapid growth rate in 2020 to 2026. Enterprises use DDoS protection and mitigation solutions and services for adaptive defense against DDoS attacks. These attacks further affect the confidentiality, integrity, and availability of resources, which may result in billion-dollar losses for enterprises.

Enterprises segment to grow at the highest CAGR during the forecast period

Enterprises are undergoing digital transformation across different industries. Businesses are in various stages of implementing new technologies to develop new solutions, improve service delivery, increase operational efficiency, reduce cost, gain competitive advantage, and meet rising customer expectations. 5G will soon make it into the list of technologies enterprise will consider, with standalone 5G solutions that will enable various new industrial applications, such as robotics, big data analytics, IIoT and AR/VR in engineering and design, as well as new ways to provide remote support and training. As a result, enterprises will need 5G security mechanism to secure the entire network, applications, and devices.

Asia Pacific (APAC) region to record the highest growth and also account for the largest market share in the 5G security market

APAC region is set to dominate 5G, edge computing, blockchain, and 5G security technology, due to its size, diversity, and the strategic lead taken by countries, including Singapore, South Korea, China, Australia, and Japan. These countries have always supported and promoted industrial and technological growth. Also, they possess a developed technological infrastructure, which is promoting the adoption of 5G security solutions across all industry verticals. Moreover, the region has become the center of attraction for major investments and business expansion opportunities. Companies such as ZTE (China), Samsung (South Korea), and Huawei (China) are heavily investing in the upcoming 5G technology and are initiating field trials together with some of the leading mobile service carriers, such as China Telecom (China), KT (South Korea), SK Telecom (South Korea), China Mobile (China), SoftBank (Japan), and China Unicom (China).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in 5G Security Market
4.2 Market, by Component
4.3 Market, by Solution
4.4 Market, by Service
4.5 Market, by End-user
4.6 5G Security Market, by Architecture
4.7 Market, by Vertical
4.8 Market, by Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Security Concerns in the 5G Network
5.2.1.2 Increasing IoT Connections Paved Way for Mmtc with Enhanced Security Requirement
5.2.1.3 Increasing Ransomware Attacks on IoT Devices
5.2.1.4 Rising Attacks on Critical Infrastructure
5.2.2 Restraints
5.2.2.1 Delay in the Standardization of Spectrum Allocation
5.2.2.2 Expensive Security Solutions Impacting the Budget of SMEs
5.2.3 Opportunities
5.2.3.1 Increasing Operator Investments for Dynamic Infrastructure
5.2.3.2 Demand for Private 5G Across the Enterprises, Government, and Industrial Sectors
5.2.4 Challenges
5.2.4.1 Uncertainty Around Roi and Other Unprecedented Challenges
5.3 COVID-19 Pandemic-Driven Market Dynamics and Factor Analysis
5.3.1 Drivers and Opportunities
5.3.2 Restraints and Challenges
5.3.3 Cumulative Growth Analysis
5.4 Technology Analysis
5.4.1 Wi-Fi
5.4.2 Wimax
5.4.3 Network Slicing in Radio Access Network
5.4.4 Network Slicing in Core Network
5.4.5 Network Slicing in Transport Network
5.4.6 Small Cell Networks
5.4.7 LTE Network
5.4.8 Citizens Broadband Radio Service
5.4.9 MuLTEfire
5.5 Regulatory Implications
5.6 Value Chain Analysis
5.7 Ecosystem
5.8 Patent Analysis
5.9 Pricing Analysis
5.10 Case Studies
5.11 Porter's Five Forces Model

6 5G Security Market, by Component
6.1 Introduction
6.1.1 Component: Market Drivers
6.1.2 Component: COVID-19 Impact
6.2 Solutions
6.2.1 Next-Generation Firewall
6.2.2 Data Loss Prevention
6.2.3 Antivirus/Antimalware
6.2.4 Distributed Denial of Service Protection
6.2.5 Security Gateway
6.2.6 Sandboxing
6.2.7 Other Solutions
6.3 Services
6.3.1 Consulting
6.3.2 Implementation
6.3.3 Support and Maintenance

7 5G Security Market Analysis, by Deployment Type
7.1 Introduction
7.1.1 Deployment Type: Market Drivers
7.1.2 Deployment Type: COVID-19 Impact
7.2 On-Premises
7.3 Cloud

8 5G Security Market, by End-user
8.1 Introduction
8.1.1 End-users: Market Drivers
8.1.2 End-users: COVID-19 Impact
8.2 Telecom Operators
8.2.1 State of 5G Commercialization
8.3 Enterprises

9 5G Security Market, by Network Component Security
9.1 Introduction
9.1.1 Network Component Security: Market Drivers
9.1.2 Network Component Security: COVID-19 Impact
9.2 Radio Access Network Security
9.3 Core Security

10 5G Security Market, by Architecture
10.1 Introduction
10.1.1 Architecture: Market Drivers
10.1.2 Architecture: COVID-19 Impact
10.2 5G NR Standalone
10.3 5G NR Non-Standalone

11 5G Security Market, by Vertical
11.1 Introduction
11.1.1 Vertical: Market Drivers
11.1.2 Vertical: COVID-19 Impact
11.2 Manufacturing
11.3 Healthcare
11.4 Energy and Utilities
11.5 Retail
11.6 Automotive and Transportation
11.7 Public Safety
11.8 Media and Entertainment
11.9 Other Verticals

12 5G Security Market, by Region
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia-Pacific
12.5 Rest of the World

13 Competitive Landscape
13.1 Overview
13.2 Market Evaluation Framework
13.3 Key Market Developments
13.3.1 New Product Launches and Product Enhancements
13.3.2 Partnerships, Collaborations, and Agreements
13.3.3 Mergers and Acquisitions
13.3.4 Business Expansions
13.4 Revenue Analysis of Top Market Players
13.5 Historical Revenue Analysis
13.6 Company Evaluation Matrix Overview
13.7 Company Evaluation Matrix Methodology and Definitions
13.7.1 Star
13.7.2 Emerging Leaders
13.7.3 Pervasive
13.7.4 Participants
13.8 Strength of Product Portfolio
13.9 Business Strategy Excellence
13.10 Ranking of Key Players

14 Company Profiles
14.1 Introduction
14.2 Ericsson
14.3 Palo Alto Networks
14.4 Cisco
14.5 Allot
14.6 Huawei
14.7 A10 Networks
14.8 Nokia
14.9.1 Business Overview
14.10 Juniper Networks
14.11 Spirent
14.12 Fortinet
14.13 Mobileum
14.14 Trend Micro
14.15 ZTE
14.16 Akamai Technologies
14.17 Colt Technology Services
14.18 Clavister
14.19 Radware
14.20 At&T
14.21 Positive Technologies
14.22 Riscure
14.23 Avast
14.24 G+D Mobile Security
14.25 Checkpoint Software Technologies
14.26 Forge Rock

15 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/1f8oay

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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