5G Security Market Innovations, Technology Growth and Research -2027
According to a research report " 5G Security Market Share with Covid-19 Impact Analysis by Component, Deployment Mode, Organization Size, End User, Network Component Security (RAN and Core Security), Architecture, Application, Vertical and Region - Global Forecast to 2027" published by MarketsandMarkets, the global 5G security market size is expected to grow from USD 1.3 billion in 2022 to USD 7.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 41.6% during the forecast period. Manufacturing segment to grow at the highest market share during the forecast period Organizations are harnessing a new generation of M2M systems, mobile apps, and hosting services in the manufacturing vertical. Furthermore, the manufacturing companies majorly rely on software to automate processes, manage supply chains, facilitate R&D, and digitalize processes and products. Cyberattacks hamper data confidentiality in the form of data loss and system breakdowns, ...