5G Security Market by Components, Network Component Security, Architecture, Deployment Type, Vertical

List of Tables

[181 Pages Report] The 5G Security Market size was estimated at USD 3.85 billion in 2023 and expected to reach USD 5.26 billion in 2024, at a CAGR 39.44% to reach USD 39.50 billion by 2030.

5G security refers to a comprehensive framework of technologies, protocols, and best practices designed to protect the integrity, confidentiality, and availability of data transmitted over fifth-generation wireless networks. The 5G security market includes products and services such as firewalls, intrusion detection systems (IDS), encryption tools, authentication protocols, virtual private networks (VPN), network segmentation strategies, and managed security services tailored to meet the specific needs of various end-use sectors. Increasing IoT adoption across industries accelerated digital transformation driven by cloud computing solutions increases the global demand for 5G security. However, insufficient awareness about the unique requirements for securing 5G-enabled infrastructure and budget constraints for organizations adopting advanced security measures are restraining the growth of the 5G security market. Furthermore, the emergence of private 5G networks in industries such as manufacturing, logistics, and healthcare is estimated to create new market opportunities for 5G security market in the future.

KEY MARKET STATISTICS
Base Year [2023]	USD 3.85 billion
Estimated Year [2024]	USD 5.26 billion
Forecast Year [2030]	USD 39.50 billion
CAGR (%)	39.44%

Components: Growing adoption of 5G security solutions for addressing specific vulnerabilities

Companies increasingly recognize the importance of comprehensive security services to protect their networks from threats. Businesses require expert guidance on identifying vulnerabilities in their network infrastructure and addressing them accordingly. As network complexity increases with adopting 5G, many organizations adopt managed security services (MSSPs) for comprehensive protection against cyber threats. Effective security solutions are essential in addressing specific vulnerabilities and potential threats associated with deploying 5G networks. With 5G networks transmitting large amounts of sensitive data, robust encryption solutions are crucial for safeguarding information from cyberattacks.

Network Component Security: Increasing deployment of RAN security to protect against potential attacks and unauthorized access

Core Security protects the central part of a 5G network, which manages data traffic, ensures efficient routing, and handles signaling between different components. RAN Security focuses on protecting the radio access network portion of the 5G infrastructure and connecting end-user devices to the core network via base stations and antennas. With the increasing deployment of new technologies such as Massive MIMO (Multiple Input Multiple Output) and mmWave frequency bands in 5G networks, RAN security becomes crucial to safeguard against potential attacks and unauthorized access.

Architecture: Extensive use of stand-alone architecture owing to ultra-low latency and massive device connectivity

The 5G non-standalone (NSA) architecture relies on existing LTE infrastructure for control plane functionalities and leverages a new radio access network for enhanced data services. This enables it to bring the benefits of higher data speeds and lower latencies without the need for extensive overhauls or replacing legacy systems. On the other hand, the 5G stand-alone (SA) architecture is an entirely new and independent network infrastructure specifically designed for 5G technology. It utilizes the next-generation core (NGC) along with the new radio access technology, allowing it to harness all the potential advantages of 5G, such as ultra-low latency and massive device connectivity.

Deployment Type: Rising cloud-based 5G security deployments in enterprises

Cloud-based 5G security deployments offer a flexible, scalable, and cost-effective solution for enterprises and telecom operators seeking to protect their networks. This allows businesses to leverage the expertise of cloud service providers, who maintain robust security infrastructure and continually update their systems to defend against new threats. On the other hand, on-premises 5G security infrastructure provides organizations full control over their network's security measures while meeting regulatory compliance requirements in finance, healthcare, and government sectors. In addition, on-premises deployment provides organizations with greater control over their data and security infrastructure while ensuring compliance with industry-specific regulations.

Vertical: High adoption of 5G network in the manufacturing sectors due to Industry 4.0

The automotive and transportation sector requires 5G security to support connected cars, vehicle-to-everything (V2X) communications, and autonomous driving. Secure 5G connectivity is crucial for telemedicine, remote patient monitoring, and robotics-assisted surgeries in healthcare. Furthermore, in the manufacturing sector, adopting secure 5G networks enables Industry 4.0 applications such as predictive maintenance, real-time analytics, and smart factory automation systems. In retail, 5G security is essential for applications such as smart inventory management, contactless payments, personalized marketing campaigns, and consumer analytics. Media and entertainment companies need secure 5G connectivity to deliver high-quality streaming, augmented reality (AR), virtual reality (VR), and cloud-based gaming experiences.

Regional Insights

The global rollout of 5G networks has brought heightened attention to security concerns across the APAC region. The presence of major telecom operators, government-sponsored programs, and increasing 5G penetration represent a highly evolving 5G security market in the Asia-Pacific region. American policymakers are focused on addressing national security concerns to counter perceived security threats. The rising investments in 5G infrastructures and government actions for safe and secure telecom infrastructure drive demand for 5G security in the Americas. In the EMEA region, EU countries are taking a coordinated approach to address 5G security concerns by adopting risk-mitigating measures. Most European countries have adopted national cybersecurity strategies that include specific provisions for 5G networks. In the Middle East and Africa, where telecom operators anticipate significant growth in demand for mobile data services over the coming years, governments invest heavily in infrastructure development while forming partnerships with global technology providers to ensure secure network deployment.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the 5G Security Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the 5G Security Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the 5G Security Market, highlighting leading vendors and their innovative profiles. These include A10 Networks, Inc., AdaptiveMobile Security by Enea AB, Akamai Technologies, Inc., Allot Ltd., AT&T Inc., Avast Software s.r.o., Check Point Software Technologies Ltd., Cisco Systems, Inc., Clavister Group, Colt Technology Services Group Limited, F5, Inc., ForgeRock, Inc., Fortinet, Inc., Giesecke+Devrient GmbH, Huawei Technologies Co., Ltd., Juniper Networks, Inc., Mobileum Inc., Palo Alto Networks, Inc., Radware Ltd., SecurityGen Ltd., Symmetry Systems, Inc., Telefonaktiebolaget LM Ericsson, Thales Group, and Wipro Limited.

Market Segmentation & Coverage

This research report categorizes the 5G Security Market to forecast the revenues and analyze trends in each of the following sub-markets:

Components
- Services
  - Consulting
  - Implementation
  - Support & Maintenance

Solutions
- Antivirus/Antimalware
- Data Loss Prevention
- DDoS Protection
- Next-Generation Firewall
- Sandboxing
- Security Gateway

Network Component Security
- Core Security
- RAN Security

Architecture
- 5G NR Non-standalone
- 5G NR Standalone

Deployment Type
- Cloud
- On-Premises

Vertical
- Automotive & Transportation
- Energy & Utilities
- Healthcare
- Manufacturing
- Media & Entertainment
- Retail

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the 5G Security Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the 5G Security Market?

3. What are the technology trends and regulatory frameworks in the 5G Security Market?

4. What is the market share of the leading vendors in the 5G Security Market?

5. Which modes and strategic moves are suitable for entering the 5G Security Market?

Product Code: MRR-5012464375B5

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing security concerns in the 5G networks worldwide
  - 5.1.1.2. Rising prevalence of malwares in IoT devices and need to protect critical infrastructure
  - 5.1.1.3. Expensive adoption of 5G implemented equipment and devices
- 5.1.2. Restraints
  - 5.1.2.1. High cost associated with deployment of 5G technologies
- 5.1.3. Opportunities
  - 5.1.3.1. Emerging investments in 5G security for private sector and industrial sector
  - 5.1.3.2. Ongoing development and launch of new 5G security solutions
- 5.1.4. Challenges
  - 5.1.4.1. Delay in the standardization of 5G spectrum allocation and concern associated with efficiency
5.2. Market Segmentation Analysis
- 5.2.1. Components: Growing adoption of 5G security solutions for addressing specific vulnerabilities
- 5.2.2. Network Component Security: Increasing deployment of RAN security to protect against potential attacks and unauthorized access
- 5.2.3. Architecture: Extensive use of stand-alone architecture owing to ultra-low latency and massive device connectivity
- 5.2.4. Deployment Type: Rising cloud-based 5G security deployments in enterprises
- 5.2.5. Vertical: High adoption of 5G network in the manufacturing sectors due to Industry 4.0
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. 5G Security Market, by Components

6.1. Introduction
6.2. Services
6.3. Solutions

7. 5G Security Market, by Network Component Security

7.1. Introduction
7.2. Core Security
7.3. RAN Security

8. 5G Security Market, by Architecture

8.1. Introduction
8.2. 5G NR Non-standalone
8.3. 5G NR Standalone

9. 5G Security Market, by Deployment Type

9.1. Introduction
9.2. Cloud
9.3. On-Premises

10. 5G Security Market, by Vertical

10.1. Introduction
10.2. Automotive & Transportation
10.3. Energy & Utilities
10.4. Healthcare
10.5. Manufacturing
10.6. Media & Entertainment
10.7. Retail

11. Americas 5G Security Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific 5G Security Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa 5G Security Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. L&T Technology Services partners with Palo Alto Networks for 5G, OT security offerings
- 14.3.2. Atos launches new 5G security offering
- 14.3.3. Trend Micro Announces New Subsidiary for 5G Cybersecurity
14.4. Strategy Analysis & Recommendation

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio