IoT 5G Security Market Key Highlights:
- Market Size (2024): USD 1.42 Billion
- Projected Market Size (2034): USD 7.60 Billion
- CAGR (2023-2034): 18.3%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
IoT 5G Security Market
The IoT 5G security market is an integral telecom industry sector. This industry deals in providing IoT-enabled 5G security solutions across the world. The various components of this market include software and services. The architecture used by this industry consists of 5G NR standalone and 5G NR non-standalone architecture. This industry uses several network components, including core security and radio access network security. These solutions can be deployed using several modes, such as cloud and on-premises. This market is expected to rise significantly with the growth of the IT & telecom industry around the globe.
The rise in large organizations worldwide has increased the demand for IoT 5G security services to provide additional security, thereby driving market growth. Also, the growing use of these solutions in the healthcare and manufacturing sectors has impacted industrial growth. Moreover, the rising adoption of IoT 5G security in several industries, such as automotive, retail, media & entertainment, and others, has boosted the growth of the IoT 5G security market.
Advancements in encryption algorithms and numerous developments associated with security orchestrators are expected to create ample growth opportunities for market players in the coming years. In February 2024, Palo Alto Networks launched Palo Alto Networks enterprise-grade 5G security. It is an end-to-end private 5G security solution that helps provide security in numerous organizations.
IoT 5G Security Market Segmentation:
By Type
By Application
- Virtual & Augmented Reality
- Connected Automotive
- Smart Manufacturing
- Wireless EHealth
- Smart Cities
- Other
IoT 5G Security Market Companies:
- Ericsson
- Palo Alto Networks
- Cisco
- Allot
- Huawei
- A10 Networks
- Nokia
- F5 Networks
- Juniper Networks
- Spirent
- Fortinet
- Mobileum
- Trend Micro
- ZTE
- Akamai
- Colt Technology
- CLAVISTER
- Radware
- AT&T
- Riscure
- Avast
- G+D Mobile Security
- Check Point
- ForgeRock
- Positive Technologies
- Cellwise
- Banu Networks
- Suavei
- Cachengo.
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