Fifth-generation (5G) cellular is poised to transmute the ICT industry through substantially improved mobility services, immensely scalable Internet of Things (IoT) networks, and assist for critical apps and services by manner of ultra-low latency communications. With such projected improvements come prodigious responsibilities for the privacy and security. The 5G security market must be vigorous as solutions requirement to be deployed on several levels comprising devices, air interface equipment, cloud RAN infrastructure, mobile backhaul facilities, and many more.
According to the report analysis, ‘Asia Pacific 5G Security Solution Market 2020-2030 by Offering (Software, Service), Application, Deployment, Industry Vertical, End User, and Country: Trend Forecast and Growth Opportunity’ states that AT&T Inc., China Mobile, CISCO Systems Inc., DigitCert Inc., Ericsson AB, F5 Networks Inc., Gemalto N.V., Huawei Technologies Co. Ltd., IBM Corporation, Intel Corporation, LG Uplus Corp., NEC Corporation, Nokia Networks, Qualcomm Incorporated, Samsung Electronics Co. Ltd., Spirent Communications, Symantec Corporation, Trustwave Holdings Inc., Verizon Communications and several others are the great corporate which recently functioning more effectively in Asia Pacific 5G security solution market for leading the highest market growth and registering the great value of market share around the globe during the inflowing duration while establishing the numerous strategies and policies of such, employing the young and intellectual work force, decreasing the associated cost, analysing the strategies and policies of the government as well as corporate, implementing the policies of profit making and enlargements, spreading the awareness connected to the applications of such, and improving the qualitative and quantitative measures of such. Although, Leading vendors such as Palo Alto Networks, Cylance Inc. (BlackBerry), and many others are poised to exploit on the market for securing 5G based networks, systems, applications, and services. This comprises the 5G security market for hardware, software, and data fortification. With present high-profile events such as supposed espionage on the portion of Huawei, cyber security is also obtaining extreme attention at the government level.
In addition, one of the import locations emerging with 5G security that is a higher apprehension than ever before is data security and private. Much more so than LTE, 5G networks must be worried with the concealment and truthfulness of user and signalling data. The 5G gNB must assistance encryption as per security policies for several potential vulnerability locations such as user data in shipment as well as signalling for radio resource control. Access control is equally essential as well as safeguarding that serving networks are authorized by the home networks.
In terms of market drivers for mobile network operatives to expedite implementation of a more amalgamated 5G security approach, one of the primary locations of focus will be assistance of 5G-based private wireless networks for enterprise and industrial consumers. While today's private networks take a more old-school manner to security, more security-minded enterprise, industrial and government segment customers will realize higher cyber security through the interconnection and managed services with leading the carrier 5G security solutions.
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Ankur Gupta, Head Marketing & Communications