DUBLIN–(BUSINESS WIRE)–The “5G Security Market by Technology, Solution, Category, Software, Services, and Industry Vertical Support 2021 – 2026” report has been added to ResearchAndMarkets.com’s offering.
This report evaluates the 5G threat landscape as well as technologies and solutions to secure networks, platforms, devices, data, and applications. The report also assesses the 5G security market outlook and potential for many solutions, services, and support. It also evaluates the impact of security functions across various technologies including Mobile Edge Computing (MEC), IoT networks, and mobility infrastructure. The report includes market forecasts for all major technologies, industry verticals, solutions, and service types from 2021 to 2026.
Select Report Findings:
The overall global 5G security market will reach $9.2 billion by 2026 The fastest-growing segment will be communications security at 49.2% CAGR North America will be the leading region projected to reach $4.1 billion by 2026 Integrated 5G security and blockchain solutions will reach $183.1 million by 2026 AI-based solutions for edge computing infrastructure will reach $253.2 million by 2026 Distributed denial of service protection for 5G networks will reach $583 million by 2026 Major drivers for carrier 5G security include core network implementation and support of private wireless networks Leading carriers will transform 5G security from a cost of doing business into a major market differentiator for business customers Fifth-generation (5G) cellular is poised to transform the ICT industry through substantially enhanced mobility services, massively scalable Internet of Things (IoT) networks, and support for critical apps and services by way of ultra-low latency communications. With these anticipated improvements come great responsibilities for privacy and security. The 5G security market must be robust as solutions need to be deployed on multiple levels including devices, air interface equipment, cloud RAN infrastructure, mobile backhaul facilities, and more.
One of the import areas emerging with 5G security that is a greater concern than ever before is data security and private. Much more so than LTE, 5G networks must be concerned with the confidentiality and integrity of user and signaling data. The 5G gNB must support encryption as per security policies for various potential vulnerability areas such as user data in transit as well as signaling for radio resource control. Access control is equally important as well as ensuring that serving networks are authorized by home networks.
In terms of market drivers for mobile network operators to expedite implementation of a more integrated 5G security approach, one of the primary areas of focus will be support of 5G-based private wireless networks for enterprise and industrial customers. While today’s private networks take a more old-school approach to security, more security-minded enterprise, industrial and government sector customers will realize greater cybersecurity through interconnection and managed services with leading carrier 5G security solutions.
Leading carriers will transform 5G security from a cost of doing business into a major market differentiator for business customers including direct to enterprise/industrial/government customers and via hybrid models involving neutral hosts and/or direct interconnect with private wireless networks. The challenging task for mobile network operators is to simultaneously convince business customers that they are more secure with them than without them, while not causing alarm about security holes that existed prior to implementation of 5G security solutions.
Companies Mentioned
AT&T Inc. Blackberry (Cylance) Check Point Software Technologies Ltd. China Mobile CISCO Systems Inc. Cloudflare DigitCert Inc. Ericsson AB F5 Networks Inc. Gemalto N.V. HPE Huawei Technologies Co. Ltd. IBM Corporation Infineon Technologies Intel Corporation Juniper Networks Inc. Keysight Technologies KT Corporation LG NEC Corporation Nokia Networks NTT DoCoMo Inc. Palo Alto Networks PTC Corporation Qualcomm Incorporated Samsung Electronics Co. Ltd. Sandvine Spirent Communications Symantec Corporation Telefonica Trend Micro Inc. Trustwave Holdings Inc. Verizon Communications VMware Inc. Key Topics Covered:
1.0 Executive Summary
2.0 Introduction
3.0 5G Security Market Dynamics
3.1 5G Security Market Drivers
3.1.1 Increasing Cyber Attacks
3.1.2 Emergence of IoT, AI, Machine learning, and Blockchain Technologies
3.1.3 Stringent Data Protection for Information Security
3.2 5G Security Challenges:
4.0 Technology and Application Analysis
5.0 Company Strategies and Solutions
6.0 5G Security Market Forecast 2021 – 2026
6.1 Global 5G Security Market 2021 – 2026
6.2 Regional 5G Security Market Forecast 2021 – 2026
6.2.1 5G Security Market by Region
6.2.2 North America 5G Security Market by Solution, Service, Embedded AI, IoT, Edge Processing, Blockchain, Virtualization, and Leading Country
6.2.3 Europe 5G Security Market by Solution, Service, Embedded AI, IoT, Edge Processing, Blockchain, Virtualization, and Leading Country
6.2.4 APAC 5G Security Market by Solution, Service, Embedded AI, IoT, Edge Processing, Blockchain, Virtualization, and Leading Country
6.2.5 MEA 5G Security Market by Solution, Service, Embedded AI, IoT, Edge Processing, Blockchain, Virtualization, and Leading Country
6.2.6 Latin America 5G Security Market by Solution, Service, Embedded AI, IoT, Edge Processing, Blockchain, Virtualization, and Leading Country
7.0 Conclusions and Recommendations
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