5G Security Market A Dive from 39.25% CAGR in 2024-30| MarkNtel Advisors
MarkNtel Advisors has recently released an all-encompassing report on 5G Security market. The report thoroughly explores the present and future market scenarios, providing valuable insights into market size, share, and competitor segmentation. It also delivers an overview of manufacturers, regions, product categories, and application areas. This extensive research is designed to empower clients with the knowledge required to comprehend and capitalize on market trends for their business strategies.
Forecast 2024-30: Revealing 5G Security Market Insights and Analysis
The 5G Security Market size is estimated to grow at a CAGR of around 39.25% during the forecast period, i.e., 2024-30.
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Driving Innovation: Exploring the 5G Security Market and its Growth Challenge
Global 5G Security Market Challenge:
Complex Network Architecture and Integration Restraining the Adoption of 5G Network Security Solutions – 5G networks consist of numerous components, including core networks, Radio Access Networks (RANs), edge computing nodes, and IoT devices, making the network highly complex & decentralized. As a result, the amalgamation of security solutions within the 5G network is highly complicated & challenging for end-users.
In addition, end-users often source equipment and software from multiple vendors, leading to vendor diversity in their networks. Amalgamation of security solutions across this diverse vendor landscape is complex and requires custom integration efforts. Further, each component in the 5G network has unique security requirements, making it challenging for the security solution providers to develop a one-size-fits-all security approach. Therefore, the extensive components and vendor diversity delay the adoption of 5G security solutions, as organizations need more time and resources to navigate and overcome these complexities.
5G Security Market: Key Players
Telefonaktiebolaget LM Ericsson
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Palo Alto Networks
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Thales Group
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A10 Networks Inc.
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5G Security Market Segmentation Outline:
By Component
-Solution- Market Size & Forecast 2019-2030, USD Million
--Next gen firewall- Market Size & Forecast 2019-2030, USD Million
--Antivirus/Antimalware- Market Size & Forecast 2019-2030, USD Million
--Security Gateway- Market Size & Forecast 2019-2030, USD Million
--Distributed Denial of Service Protection (DDoS)- Market Size & Forecast 2019-2030, USD Million
--Sandboxing- Market Size & Forecast 2019-2030, USD Million
--Others (Encryption Software, Intrusion Detection and Prevention Systems (IDPS), etc.) - Market Size & Forecast 2019-2030, USD Million
-Services- Market Size & Forecast 2019-2030, USD Million
--Consulting & Advisory Services- Market Size & Forecast 2019-2030, USD Million
--Managed Services- Market Size & Forecast 2019-2030, USD Million
--Others (Application & Content Services, Support & Maintenance, etc.)- Market Size & Forecast 2019-2030, USD Million
By Deployment
-Cloud- Market Size & Forecast 2019-2030, USD Million
-On-Premise- Market Size & Forecast 2019-2030, USD Million
By Architecture
-Radio Access Network (RAN)- Market Size & Forecast 2019-2030, USD Million
--New Radio (NR) Standalone- Market Size & Forecast 2019-2030, USD Million
--New Radio (NR) Non-Standalone- Market Size & Forecast 2019-2030, USD Million
-Mobile Core Security- Market Size & Forecast 2019-2030, USD Million
By End-Users
-IT & Telecom- Market Size & Forecast 2019-2030, USD Million
-Banking, Financial Services, and Insurance (BFSI) - Market Size & Forecast 2019-2030, USD Million
-Retail & E-Commerce- Market Size & Forecast 2019-2030, USD Million
-Media & Entertainment - Market Size & Forecast 2019-2030, USD Million
-Others (Healthcare, Hospitality, etc.) - Market Size & Forecast 2019-2030, USD Million
By Organization Size
-Small & Medium- Market Size & Forecast 2019-2030, USD Million
-Large-Market Size & Forecast 2019-2030, USD Million
By Application
-Virtual & Augmented Reality- Market Size & Forecast 2019-2030, USD Million
-Networked-Enabled Robotic and Autonomous Systems- Market Size & Forecast 2019-2030, USD Million
-Distributed Sensing and Communications- Market Size & Forecast 2019-2030, USD Million
-Connected Automotive- Market Size & Forecast 2019-2030, USD Million
-Smart Cities- Market Size & Forecast 2019-2030, USD Million
-Others (Smart Manufacturing, Wireless Brain-Computer Interactions (BCI), etc.)- Market Size & Forecast 2019-2030, USD Million
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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