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Cyber Security

5G security market to reach $5.226 billion by 2026

The 5G security market size is projected to grow from $580 million in 2020 to $5.226 billion by 2026. APAC is expected to hold the largest market share during the forecast period. Cloud deployment segment has witnessed strong demand in the early phase of the 5G standalone network. The cloud deployment segment offers a wide range of benefits, such as scalability, accessibility, flexibility, and cost-effectiveness. By deploying security solutions and services on the cloud, organizations can avoid spending on hardware, software and technical staff.

Source: https://www.helpnetsecurity.com/2021/02/19/5g-security-market-2026/

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