This report describes and explains the 5G security market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global 5G security market reached a value of nearly $2.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 67.92% since 2019. The market is expected to grow from $2.74 billion in 2024 to $16.58 billion in 2029 at a rate of 43.32%. The market is then expected to grow at a CAGR of 41.41% from 2029 and reach $93.79 billion in 2034.
Growth in the historic period resulted from the globalization of business operations, rising volume of data generation, expansion of smart cities and demand for enhanced security and compliance. Factors that negatively affected growth in the historic period were lack of standardized infrastructure facilities and regulatory and compliance challenges.
Going forward, the rise in 5G connectivity, increase in cloud computing, increasing IoT device connectivity and rising adoption of artificial intelligence (AI) and automation will drive the growth. Factor that could hinder the growth of the 5G security market in the future include lack of skilled professionals and investment shortfall in the 5G rollout.
Asia-Pacific was the largest region in the 5G security market, accounting for 39.58% or $1.08 billion of the total in 2024. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the 5G security market will be South America and Middle East where growth will be at CAGRs of 46.97% and 46.46% respectively. These will be followed by Asia-Pacific and Western Europe where the markets are expected to grow at CAGRs of 43.75% and 43.42% respectively.
The global 5G security market is fairly concentrated, with a small number of large players dominating the market. The top ten competitors in the market made up to 28.21% of the total market in 2023. Telefonaktiebolaget LM Ericsson was the largest competitor with a 5.40% share of the market, followed by AT&T Inc. with 4.40%, Huawei Technologies Co. Ltd. with 4.09%, Palo Alto Networks Inc. with 3.08%, Cisco Systems Inc. with 2.70%, Nokia Corporation with 2.13%, ZTE Corporation. with 1.87%, Samsung Electronics Co. Ltd. with 1.60%, Allot Ltd. with 1.51% and A10 Networks Inc. with 1.43%.
The 5G security market is segmented by components into solutions and services. The solutions market was the largest segment of the 5G security market segmented by components, accounting for 67.27% or $1.84 billion of the total in 2024. Going forward, the services segment is expected to be the fastest growing segment in the 5G security market segmented by components, at a CAGR of 47.54% during 2024-2029.
The 5G security market is segmented by deployment type into on-premises and cloud. The cloud market was the largest segment of the 5G security market segmented by deployment type, accounting for 66.53% or $1.82 billion of the total in 2024. Going forward, the on-premises segment is expected to be the fastest growing segment in the 5G security market segmented by deployment type, at a CAGR of 51.02% during 2024-2029.
The 5G security market is segmented by organization size into large enterprises and SMEs. The large enterprises market was the largest segment of the 5G security market segmented by organization size, accounting for 69.26% or $1.9 billion of the total in 2024. Going forward, the SMEs segment is expected to be the fastest growing segment in the 5G security market segmented by organization size, at a CAGR of 49.31% during 2024-2029.
The 5G security market is segmented by application into virtual and augmented reality, connected automotive, smart manufacturing, smart cities and other applications. The virtual and augmented reality market was the largest segment of the 5G security market segmented by application, accounting for 30.12% or $826.37 million of the total in 2024. Going forward, the smart cities segment is expected to be the fastest growing segment in the 5G security market segmented by application, at a CAGR of 54.40% during 2024-2029.
The 5G security market is segmented by industry vertical into IT and telecom, manufacturing, healthcare, retail, automotive and transportation, BFSI and other industry verticals. The cloud market was the largest segment of the 5G security market segmented by industry vertical, accounting for 29.76% or $816.62 million of the total in 2024. Going forward, the healthcare segment is expected to be the fastest growing segment in the 5G security market segmented by industry vertical, at a CAGR of 47.67% during 2024-2029.
The top opportunities in the 5G security markets segmented by components will arise in the solutions segment, which will gain $8.46 billion of global annual sales by 2029. The top opportunities in the 5G security markets segmented by deployment type will arise in the cloud segment, which will gain $7.55 billion of global annual sales by 2029. The top opportunities in the 5G security markets segmented by organization size will arise in the large enterprises segment, which will gain $8.43 billion of global annual sales by 2029. The top opportunities in the 5G security markets segmented by application will arise in the virtual and augmented reality segment, which will gain $4.5 billion of global annual sales by 2029. The top opportunities in the 5G security markets segmented by industry vertical will arise in the IT and telecom segment, which will gain $4.37 billion of global annual sales by 2029. The 5G security market size will gain the most in the USA at $3.08 billion.
Market-trend-based strategies for the 5G security market include innovative solutions such as advanced zero touch zero trust network access (ZT-ZTNA), strengthening private 5G deployments with integrated security, developing next-gen security for private 5G networks, developing advanced 5G security labs for private network security research and advancing 5G security through simulation and testing.
Player-adopted strategies in the 5G security market include focus on expanding its business capabilities through partnership to expand its operational capabilities.
To take advantage of the opportunities, the analyst recommends the 5G security market focus on advancing integrated geospatial analytics platforms, focus on expanding user-driven multi-sensor analytics tools, focus on advancing geospatial production software platforms, focus on drone imagery analysis for accelerated growth, expand in emerging markets, continue to focus on developed markets, focus on expanding access through regional partnerships and localized integration, focus on tiered pricing models to capture diverse user segments, focus on building awareness through industry-specific digital content and partnerships focus on direct engagement with decision-makers through events and demos, focus on tailored outreach to precision agriculture stakeholders.
The global 5G security market reached a value of nearly $2.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 67.92% since 2019. The market is expected to grow from $2.74 billion in 2024 to $16.58 billion in 2029 at a rate of 43.32%. The market is then expected to grow at a CAGR of 41.41% from 2029 and reach $93.79 billion in 2034.
Growth in the historic period resulted from the globalization of business operations, rising volume of data generation, expansion of smart cities and demand for enhanced security and compliance. Factors that negatively affected growth in the historic period were lack of standardized infrastructure facilities and regulatory and compliance challenges.
Going forward, the rise in 5G connectivity, increase in cloud computing, increasing IoT device connectivity and rising adoption of artificial intelligence (AI) and automation will drive the growth. Factor that could hinder the growth of the 5G security market in the future include lack of skilled professionals and investment shortfall in the 5G rollout.
Asia-Pacific was the largest region in the 5G security market, accounting for 39.58% or $1.08 billion of the total in 2024. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the 5G security market will be South America and Middle East where growth will be at CAGRs of 46.97% and 46.46% respectively. These will be followed by Asia-Pacific and Western Europe where the markets are expected to grow at CAGRs of 43.75% and 43.42% respectively.
The global 5G security market is fairly concentrated, with a small number of large players dominating the market. The top ten competitors in the market made up to 28.21% of the total market in 2023. Telefonaktiebolaget LM Ericsson was the largest competitor with a 5.40% share of the market, followed by AT&T Inc. with 4.40%, Huawei Technologies Co. Ltd. with 4.09%, Palo Alto Networks Inc. with 3.08%, Cisco Systems Inc. with 2.70%, Nokia Corporation with 2.13%, ZTE Corporation. with 1.87%, Samsung Electronics Co. Ltd. with 1.60%, Allot Ltd. with 1.51% and A10 Networks Inc. with 1.43%.
The 5G security market is segmented by components into solutions and services. The solutions market was the largest segment of the 5G security market segmented by components, accounting for 67.27% or $1.84 billion of the total in 2024. Going forward, the services segment is expected to be the fastest growing segment in the 5G security market segmented by components, at a CAGR of 47.54% during 2024-2029.
The 5G security market is segmented by deployment type into on-premises and cloud. The cloud market was the largest segment of the 5G security market segmented by deployment type, accounting for 66.53% or $1.82 billion of the total in 2024. Going forward, the on-premises segment is expected to be the fastest growing segment in the 5G security market segmented by deployment type, at a CAGR of 51.02% during 2024-2029.
The 5G security market is segmented by organization size into large enterprises and SMEs. The large enterprises market was the largest segment of the 5G security market segmented by organization size, accounting for 69.26% or $1.9 billion of the total in 2024. Going forward, the SMEs segment is expected to be the fastest growing segment in the 5G security market segmented by organization size, at a CAGR of 49.31% during 2024-2029.
The 5G security market is segmented by application into virtual and augmented reality, connected automotive, smart manufacturing, smart cities and other applications. The virtual and augmented reality market was the largest segment of the 5G security market segmented by application, accounting for 30.12% or $826.37 million of the total in 2024. Going forward, the smart cities segment is expected to be the fastest growing segment in the 5G security market segmented by application, at a CAGR of 54.40% during 2024-2029.
The 5G security market is segmented by industry vertical into IT and telecom, manufacturing, healthcare, retail, automotive and transportation, BFSI and other industry verticals. The cloud market was the largest segment of the 5G security market segmented by industry vertical, accounting for 29.76% or $816.62 million of the total in 2024. Going forward, the healthcare segment is expected to be the fastest growing segment in the 5G security market segmented by industry vertical, at a CAGR of 47.67% during 2024-2029.
The top opportunities in the 5G security markets segmented by components will arise in the solutions segment, which will gain $8.46 billion of global annual sales by 2029. The top opportunities in the 5G security markets segmented by deployment type will arise in the cloud segment, which will gain $7.55 billion of global annual sales by 2029. The top opportunities in the 5G security markets segmented by organization size will arise in the large enterprises segment, which will gain $8.43 billion of global annual sales by 2029. The top opportunities in the 5G security markets segmented by application will arise in the virtual and augmented reality segment, which will gain $4.5 billion of global annual sales by 2029. The top opportunities in the 5G security markets segmented by industry vertical will arise in the IT and telecom segment, which will gain $4.37 billion of global annual sales by 2029. The 5G security market size will gain the most in the USA at $3.08 billion.
Market-trend-based strategies for the 5G security market include innovative solutions such as advanced zero touch zero trust network access (ZT-ZTNA), strengthening private 5G deployments with integrated security, developing next-gen security for private 5G networks, developing advanced 5G security labs for private network security research and advancing 5G security through simulation and testing.
Player-adopted strategies in the 5G security market include focus on expanding its business capabilities through partnership to expand its operational capabilities.
To take advantage of the opportunities, the analyst recommends the 5G security market focus on advancing integrated geospatial analytics platforms, focus on expanding user-driven multi-sensor analytics tools, focus on advancing geospatial production software platforms, focus on drone imagery analysis for accelerated growth, expand in emerging markets, continue to focus on developed markets, focus on expanding access through regional partnerships and localized integration, focus on tiered pricing models to capture diverse user segments, focus on building awareness through industry-specific digital content and partnerships focus on direct engagement with decision-makers through events and demos, focus on tailored outreach to precision agriculture stakeholders.
Major Market Trends
- Advancing 5G security with Zero Touch Zero Trust Network Access (ZT-ZTNA) Solutions
- Strengthening Private 5G Deployments with Integrated Security
- Development in Next-Gen Security for Private 5G Networks
- Cutting-Edge Lab for Private Network Security Research
- Advancing 5G security Through Simulation and Testing
Key Mergers and Acquisitions
- Swisscom Acquired Vodafone Italia
- Cadence Design Systems Acquired Secure-IC
- Boldyn Network Acquired Edzcom
- Cradlepoint Acquired Ericom Software
Table of Contents
1 Executive Summary
6 Market Characteristics
7 Major Market Trends
8 Global 5G Security Growth Analysis and Strategic Analysis Framework
9 Global 5G Security Market Segmentation
10 5G Security Market, Regional and Country Analysis
11 Asia-Pacific Market
12 Western Europe Market
13 Eastern Europe Market
14 North America Market
15 South America Market
16 Middle East Market
17 Africa Market
18 Competitive Landscape and Company Profiles
19 Other Major and Innovative Companies
22 Key Mergers and Acquisitions
23 Recent Developments in 5G security
24 Opportunities and Strategies
25 5G Security Market, Conclusions and Recommendations
26 Appendix
Executive Summary
5G security Global Market Opportunities and Strategies to 2034 provides the strategists; marketers and senior management with the critical information they need to assess the global 5G security market.Reasons to Purchase
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Description
Where is the largest and fastest-growing market for 5G security? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The for 5G security market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider for 5G security market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics: Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by components, by deployment type, by organization size, by application and by industry verticals.
- Key Trends: Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis and Strategic Analysis Framework: Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Global Market Size and Growth: Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional and Country Analysis: Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation: Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by components, by deployment type, by organization size, by application and by industry verticals in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size and Growth: Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape: Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major and Innovative Companies: Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking: Briefs on the financials comparison between major players in the market.
- Key Mergers and Acquisitions: Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Recent Developments: Information on recent developments in the market covered in the report.
- Market Opportunities and Strategies: Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions and Recommendations: This section includes recommendations for 5G security providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix: This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
1) by Component: Solutions; Services2) by Deployment Type: on-Premises; Cloud
3) by Organization Size: Large Enterprises; Small Medium Enterprises
4) by Application: Virtual and Augmented Reality; Connected Automotive; Smart Manufacturing; Smart Cites; Other Applications
5) by Industry Vertical: Information Technology (IT) and Telecom; Manufacturing; Healthcare; Retail; Automotive and Transportation; Banking, Finical Services and Insurance; Other Industry Verticals
Key Companies Profiled: Telefonaktiebolaget LM Ericsson; AT&T Inc; Huawei Technologies Co. Ltd.; Palo Alto Networks Inc.; Cisco Systems Inc.
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; 5G Security indicators comparison.
Data Segmentation: Country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
The companies featured in this 5G Security market report include:- Telefonaktiebolaget LM Ericsson
- AT&T Inc
- Huawei Technologies Co. Ltd.
- Palo Alto Networks Inc.
- Cisco Systems Inc.
- Nokia Corporation
- ZTE Corporation
- Samsung Electronics Co. Ltd.
- Allot Ltd.
- A10 Networks Inc.
- PaloAltoNetworks,Inc
- HCLTechnologiesLimited
- ChinaMobile
- Ericsson
- HuaweiTechnologiesCo.Ltd
- NTTDATAGroupcorporation
- TrendMicro
- FujitsuLimited
- VersaNetworks,Inc
- NabiqInc
- TrendMicroInc
- ItochuTechno-SolutionsCorporation
- SKTelecom
- ThalesS.A
- SamsungElectronicsCo.,Ltd
- LGUplusCorp
- HanwhaSystems
- Orange S.A
- Atos
- Kontron AG
- SecurityGen
- Spirent Communications PLC
- G+D Mobile Security
- Infineon Technologies AG
- Colt Technology Services Group Limited
- Thales Group
- Polkomtel
- Vodafone Romania S.A
- Avast Software s.r.o
- Positive Technologies
- Asseco Poland S.A
- Ataya
- PaloAltoNetworks
- Telus
- CiscoSystemsInc.
- JuniperNetworksInc.
- FortinetInc.
- CloudflareInc.
- AccuKnox
- VIAVISolutions
- Thales
- Allot
- NTTDATA
- TIM Brazil
- Mobileum
- LevelBlue
- Palo Alto Networks
- NSFocus
- Subex
- Huawei
- Juniper Networks
- Saudi Telecom Company (STC)
- OneLayer
- Trend Micro
- NTT DATA
- Etisalat
- Nokia
- SGS SA
- Capgemini
- F5
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 329 |
| Published | June 2025 |
| Forecast Period | 2024 - 2034 |
| Estimated Market Value ( USD | $ 2.74 Billion |
| Forecasted Market Value ( USD | $ 93.79 Billion |
| Compound Annual Growth Rate | 42.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 71 |
