5G security Market

Growing ransomware cyber-attacks on IoT devices drives the market for 5G Security.

With the completed or ongoing installation of 5G technology in many countries, data transfer speeds will be five times compared to 4G today. With the increment of speed data transfer, the volume will also increase five times. With this increasing data volume, the chances of breaching will also increase. According to a report from ForgeRock, data records containing usernames and passwords are the foremost seeking information by ransomware goons. According to this report, two billion records comprising usernames and passwords were compromised in 2022, with an increase of more than 36% from the past year.

In addition, unauthorized access was the top breach in 2022, accounting for 50% of all breaches. The average cost of a single breach in the U.S. retail sector rose to nearly $3.27 Billion in 2022.

According to our research, cybercrime costs are expected to grow at a CAGR of 19.8% from 2023 to 2030 and are expected to reach USD 31.02 trillion annually by 2030.

Personal attacks, corporate attacks, and government attacks fuel this growth. Today where most countries are looking to become self-sufficient with the adoption of digital transformation, cyber threats will also increase exponentially. This technology enablement will be enhanced with the integration of 5G in the network systems, which needs to be catered to by 5G security solution providers in the coming years.

5G Security Market Segment Insight

The Global 5G Security Market Industry is poised for substantial growth, with projections indicating a market value of 3.08 USD Billion in 2024 and an impressive 138.6 USD Billion by 2035. This trajectory suggests a robust compound annual growth rate (CAGR) of 41.36% from 2025 to 2035, driven by various factors including rising cybersecurity threats, regulatory compliance, and the proliferation of IoT devices. The anticipated growth underscores the increasing recognition of security as a critical component of 5G network deployment and management, shaping investment strategies and technological advancements in the sector.

The increasing prevalence of cyber threats is a primary driver for the Global 5G Security Market Industry. As organizations transition to 5G networks, they face heightened risks from sophisticated cyber attacks, including data breaches and ransomware. In 2024, the market is projected to reach 3.08 USD Billion, reflecting the urgent need for robust security measures. Governments and enterprises are investing heavily in advanced security solutions to safeguard sensitive data and maintain operational integrity. This trend is expected to accelerate as the number of connected devices grows exponentially, necessitating comprehensive security frameworks to protect against evolving threats.

The rapid proliferation of Internet of Things (IoT) devices is significantly influencing the Global 5G Security Market Industry. With billions of devices expected to connect to 5G networks, the demand for security solutions that can effectively manage and protect these connections is paramount. The integration of IoT in sectors such as healthcare, manufacturing, and smart cities introduces vulnerabilities that necessitate advanced security protocols. As organizations seek to leverage the benefits of IoT while mitigating risks, the market is projected to grow at a CAGR of 41.36% from 2025 to 2035, highlighting the urgency for comprehensive security frameworks.

Stringent government regulations regarding data privacy and security are propelling the Global 5G Security Market Industry. Regulatory bodies worldwide are implementing frameworks to ensure that organizations adhere to strict security protocols. Compliance with these regulations is not merely a legal obligation but also a competitive necessity. As the market evolves, companies are compelled to adopt advanced security measures to avoid penalties and protect their reputation. The anticipated growth of the market to 138.6 USD Billion by 2035 underscores the critical role of regulatory compliance in shaping security investments and strategies across various sectors.

The development of advanced security technologies, such as artificial intelligence and machine learning, is driving innovation within the Global 5G Security Market Industry. These technologies enable organizations to proactively identify and respond to security threats in real-time, enhancing overall network resilience. As businesses increasingly recognize the value of integrating AI-driven security solutions, investments in these technologies are expected to surge. This trend is likely to contribute to the market's expansion, as organizations strive to stay ahead of potential threats and ensure the integrity of their 5G networks.

The demand for enhanced network performance is a significant factor influencing the Global 5G Security Market Industry. As businesses and consumers alike seek faster and more reliable connectivity, the pressure on network providers to deliver optimal performance increases. This demand necessitates the implementation of robust security measures to protect against potential disruptions and ensure seamless service delivery. The anticipated growth of the market to 138.6 USD Billion by 2035 reflects the critical intersection of performance and security in the evolving telecommunications landscape. Organizations are increasingly prioritizing security as a key component of their network performance strategies.