The 5G Security Market is Predict to reach USD 26.8 Billion by 2031, at a CAGR of 38.2%

Special Offering :

Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support

5G Security Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global 5G Security Market size is expected to reach $26.8 billion by 2031, rising at a market growth of 38.2% CAGR during the forecast period.

The Core Security segment attained the maximum revenue in the Global 5G Security Market by Network Component Security in 2023, thereby, achieving a market value of $14.6 billion by 2031. The core network, which manages the overall network functions, data routing, and connectivity, is crucial for the performance and security of the 5G infrastructure. Ensuring the security of the core network is vital to protect against sophisticated threats that could disrupt network services and compromise sensitive data.

5G Security Market Size - By Region

The IT & Telecommunications segment is experiencing a CAGR of 36.6 % during the forecast period. This segment’s leadership is attributed to the critical importance of securing vast and complex networks that form the backbone of 5G infrastructure. The IT and telecom sectors drive the deployment and expansion of 5G technology, which has resulted in a greater need for advanced security measures to safeguard against the proliferation of cyber threats, data intrusions, and network vulnerabilities.

The On-Premises segment led the maximum revenue in the Global 5G Security Market by Deployment Mode in 2023, thereby, achieving a market value of $14.9 billion by 2031. This segment continues to be vital for organizations that require complete control over their security infrastructure and data. Industries with stringent regulatory requirements, such as finance and healthcare, often opt for on-premises deployment to ensure compliance and safeguard sensitive information.

The Large Enterprises segment is exhibiting a CAGR of 37.8 % during the forecast period. This dominance is primarily due to the substantial investments made by large enterprises in securing their extensive and complex 5G networks. These organizations require robust security solutions to protect their vast data and critical infrastructure from sophisticated cyber threats. The scale and resources available to large enterprises enable them to implement comprehensive 5G security measures.

The Solution Segment Captured the maximum revenue in the Global 5G Security Market by Component in 2023, thereby, achieving a market value of $17.4 billion by 2031. This segment’s dominance is attributed to the increasing adoption of advanced security solutions that cater to the unique challenges posed by the 5G network infrastructure. These solutions address various security concerns, including data breaches, cyber-attacks, and unauthorized access, ensuring robust protection for 5G networks.

The 5G NR Standalone segment is growing at a CAGR of 37.7 % during the forecast period. This is largely due to the inherent benefits of the standalone architecture, which offers enhanced capabilities, including improved latency, higher data throughput, and more robust security features. The standalone architecture is designed to fully leverage the new 5G core network fully, enabling advanced use cases and applications requiring stringent security measures.

Full Report: https://www.kbvresearch.com/5g-security-market/

The North America region dominated the Global 5G Security Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $10.6 billion by 2031. The Europe region is anticipated to grow at a CAGR of 37.7% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 39% during (2024 - 2031).

List of Key Companies Profiled

AT&T Inc.
Ericsson AB
Intel Corporation
Qualcomm Incorporated (Qualcomm Technologies, Inc.)
Nokia Corporation
Juniper Networks, Inc.
Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
IBM Corporation
Fortinet, Inc.
Palo Alto Networks, Inc.

5G Security Market Report Segmentation

By Network Component Security

Core Security
Radio Access Network Security

By Industry Vertical

By Deployment Mode

On-Premises
Cloud

By Organization Size

Large Enterprises
SMEs

By Component

Solution
Services

By Architecture

5G NR Standalone
5G NR Non-Standalone

By Geography

North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA

Related Reports:

SUBSCRIPTION MODEL

The 5G Security Market is Predict to reach USD 26.8 Billion by 2031, at a CAGR of 38.2%

Special Offering :

5G Security Market Growth, Trends and Report Highlights

List of Key Companies Profiled

5G Security Market Report Segmentation

North America 5G Security Market Size & Forecast | 2031

LAMEA 5G Security Market Size, Forecast Report [2031]

Europe 5G Security Market Size, Share | Report [2031]

Asia Pacific 5G Security Market Size, Share Report 2031