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LAMEA 5G Security Market Size, Share & Trends Analysis Report By Network Component Security, By Industry Vertical, By Deployment Mode (On-Premises and Cloud), By Organization Size, By Component, By Architecture, By Country and Growth Forecast, 2024 - 2031- Product Image
LAMEA 5G Security Market Size, Share & Trends Analysis Report By Network Component Security, By Industry Vertical, By Deployment Mode (On-Premises and Cloud), By Organization Size, By Component, By Architecture, By Country and Growth Forecast, 2024 - 2031- Product Image
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LAMEA 5G Security Market Size, Share & Trends Analysis Report By Network Component Security, By Industry Vertical, By Deployment Mode (On-Premises and Cloud), By Organization Size, By Component, By Architecture, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 178 Pages
  • October 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6020376
Description Jump to:
The Latin America, Middle East and Africa 5G Security Market is expected to witness market growth of 41.3% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA 5G Security Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $552.6 million by 2031. The Argentina market is showcasing a CAGR of 42.2% during 2024-2031. Additionally, the UAE market would register a CAGR of 40% during 2024-2031.



The adoption of these solutions is influenced by various factors, including the rapid deployment of 5G networks, the increasing number of connected devices, and the growing sophistication of cyber threats. Different industries, such as healthcare, finance, and automotive, require specific security frameworks tailored to their unique risks and regulatory requirements. This drives the adoption of these solutions that address sector-specific vulnerabilities. Companies are forming strategic partnerships with industry leaders and cybersecurity firms to develop tailored security solutions, enhancing their capabilities and boosting confidence in 5G technologies.

The introduction of regulations such as the General Data Protection Regulation (GDPR) in Europe and various data privacy laws compels organizations to adopt comprehensive measures to ensure compliance and avoid hefty fines. Governments are imposing mandates on critical infrastructure sectors to adopt stringent security protocols for 5G implementations, which drives the adoption of specialized security solutions.

The growing cybersecurity industry in the United Arab Emirates (UAE) will significantly influence the expansion of this market. According to the International Trade Administration (ITA), the UAE's cybersecurity sector is expected to attain a market value of $4.51 billion by 2025, with an annual growth rate of 11.1% between 2020 and 2026. This robust growth trajectory highlights the UAE’s commitment to bolstering its digital defenses as it embraces advanced technologies, particularly 5G. As the UAE accelerates its rollout of 5G networks, the need for enhanced cybersecurity measures becomes paramount. The shift to 5G technology enables unprecedented connectivity and the proliferation of Internet of Things (IoT) devices, bringing forth many vulnerabilities that cybercriminals can exploit. With increased connectivity comes a greater risk of data breaches, privacy violations, and infrastructure attacks, underscoring the necessity for comprehensive 5G security solutions. Hence, the region's rising cybersecurity industry and rising 5G technology are driving the market's growth.

List of Key Companies Profiled

  • AT&T Inc.
  • Ericsson AB
  • Intel Corporation
  • Qualcomm Incorporated (Qualcomm Technologies, Inc.)
  • Nokia Corporation
  • Juniper Networks, Inc.
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • IBM Corporation
  • Fortinet, Inc.
  • Palo Alto Networks, Inc.

Market Report Segmentation

By Network Component Security
  • Core Security
  • Radio Access Network Security
By Industry Vertical
  • IT & Telecommunications
  • Manufacturing
  • Healthcare
  • Energy and Utilities
  • Retail
  • Automotive
  • Media & Entertainment
  • Other Industry Vertical
By Deployment Mode
  • On-Premises
  • Cloud
By Organization Size
  • Large Enterprises
  • SMEs
By Component
  • Solution
  • Services
By Architecture
  • 5G NR Standalone
  • 5G NR Non-Standalone
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA 5G Security Market, by Network Component Security
1.4.2 LAMEA 5G Security Market, by Industry Vertical
1.4.3 LAMEA 5G Security Market, by Deployment Mode
1.4.4 LAMEA 5G Security Market, by Organization Size
1.4.5 LAMEA 5G Security Market, by Component
1.4.6 LAMEA 5G Security Market, by Architecture
1.4.7 LAMEA 5G Security Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jul - 2024, Sep) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. LAMEA 5G Security Market by Network Component Security
5.1 LAMEA Core Security Market by Country
5.2 LAMEA Radio Access Network Security Market by Country
Chapter 6. LAMEA 5G Security Market by Industry Vertical
6.1 LAMEA IT & Telecommunications Market by Country
6.2 LAMEA Manufacturing Market by Country
6.3 LAMEA Healthcare Market by Country
6.4 LAMEA Energy and Utilities Market by Country
6.5 LAMEA Retail Market by Country
6.6 LAMEA Automotive Market by Country
6.7 LAMEA Media & Entertainment Market by Country
6.8 LAMEA Other Industry Vertical Market by Country
Chapter 7. LAMEA 5G Security Market by Deployment Mode
7.1 LAMEA On-Premises Market by Country
7.2 LAMEA Cloud Market by Country
Chapter 8. LAMEA 5G Security Market by Organization Size
8.1 LAMEA Large Enterprises Market by Country
8.2 LAMEA SMEs Market by Country
Chapter 9. LAMEA 5G Security Market by Component
9.1 LAMEA Solution Market by Country
9.2 LAMEA Services Market by Country
Chapter 10. LAMEA 5G Security Market by Architecture
10.1 LAMEA 5G NR Standalone Market by Country
10.2 LAMEA 5G NR Non-Standalone Market by Country
Chapter 11. LAMEA 5G Security Market by Country
11.1 Brazil 5G Security Market
11.1.1 Brazil 5G Security Market by Network Component Security
11.1.2 Brazil 5G Security Market by Industry Vertical
11.1.3 Brazil 5G Security Market by Deployment Mode
11.1.4 Brazil 5G Security Market by Organization Size
11.1.5 Brazil 5G Security Market by Component
11.1.6 Brazil 5G Security Market by Architecture
11.2 Argentina 5G Security Market
11.2.1 Argentina 5G Security Market by Network Component Security
11.2.2 Argentina 5G Security Market by Industry Vertical
11.2.3 Argentina 5G Security Market by Deployment Mode
11.2.4 Argentina 5G Security Market by Organization Size
11.2.5 Argentina 5G Security Market by Component
11.2.6 Argentina 5G Security Market by Architecture
11.3 UAE 5G Security Market
11.3.1 UAE 5G Security Market by Network Component Security
11.3.2 UAE 5G Security Market by Industry Vertical
11.3.3 UAE 5G Security Market by Deployment Mode
11.3.4 UAE 5G Security Market by Organization Size
11.3.5 UAE 5G Security Market by Component
11.3.6 UAE 5G Security Market by Architecture
11.4 Saudi Arabia 5G Security Market
11.4.1 Saudi Arabia 5G Security Market by Network Component Security
11.4.2 Saudi Arabia 5G Security Market by Industry Vertical
11.4.3 Saudi Arabia 5G Security Market by Deployment Mode
11.4.4 Saudi Arabia 5G Security Market by Organization Size
11.4.5 Saudi Arabia 5G Security Market by Component
11.4.6 Saudi Arabia 5G Security Market by Architecture
11.5 South Africa 5G Security Market
11.5.1 South Africa 5G Security Market by Network Component Security
11.5.2 South Africa 5G Security Market by Industry Vertical
11.5.3 South Africa 5G Security Market by Deployment Mode
11.5.4 South Africa 5G Security Market by Organization Size
11.5.5 South Africa 5G Security Market by Component
11.5.6 South Africa 5G Security Market by Architecture
11.6 Nigeria 5G Security Market
11.6.1 Nigeria 5G Security Market by Network Component Security
11.6.2 Nigeria 5G Security Market by Industry Vertical
11.6.3 Nigeria 5G Security Market by Deployment Mode
11.6.4 Nigeria 5G Security Market by Organization Size
11.6.5 Nigeria 5G Security Market by Component
11.6.6 Nigeria 5G Security Market by Architecture
11.7 Rest of LAMEA 5G Security Market
11.7.1 Rest of LAMEA 5G Security Market by Network Component Security
11.7.2 Rest of LAMEA 5G Security Market by Industry Vertical
11.7.3 Rest of LAMEA 5G Security Market by Deployment Mode
11.7.4 Rest of LAMEA 5G Security Market by Organization Size
11.7.5 Rest of LAMEA 5G Security Market by Component
11.7.6 Rest of LAMEA 5G Security Market by Architecture
Chapter 12. Company Profiles
12.1 AT&T, Inc.
12.1.1 Company Overview
12.1.2 Financial Analysis
12.1.3 Segmental and Regional Analysis
12.1.4 Research & Development Expense
12.1.5 Recent strategies and developments:
12.1.5.1 Partnerships, Collaborations, and Agreements:
12.1.5.2 Product Launches and Product Expansions:
12.1.6 SWOT Analysis
12.2 Ericsson AB
12.2.1 Company Overview
12.2.2 Financial Analysis
12.2.3 Segmental and Regional Analysis
12.2.4 Research & Development Expense
12.2.5 Recent strategies and developments:
12.2.5.1 Partnerships, Collaborations, and Agreements:
12.2.5.2 Acquisition and Mergers:
12.2.6 SWOT Analysis
12.3 Juniper Networks, Inc.
12.3.1 Company Overview
12.3.2 Financial Analysis
12.3.3 Regional Analysis
12.3.4 Research & Development Expenses
12.3.5 Recent strategies and developments:
12.3.5.1 Partnerships, Collaborations, and Agreements:
12.3.5.2 Product Launches and Product Expansions:
12.3.6 SWOT Analysis
12.4 Fortinet, Inc.
12.4.1 Company Overview
12.4.2 Financial Analysis
12.4.3 Regional Analysis
12.4.4 Research & Development Expenses
12.4.5 Recent strategies and developments:
12.4.5.1 Product Launches and Product Expansions:
12.4.5.2 Acquisition and Mergers:
12.4.6 SWOT Analysis
12.5 Palo Alto Networks, Inc.
12.5.1 Company Overview
12.5.2 Financial Analysis
12.5.3 Regional Analysis
12.5.4 Research & Development Expense
12.5.5 Recent strategies and developments:
12.5.5.1 Product Launches and Product Expansions:
12.5.6 SWOT Analysis
12.6 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
12.6.1 Company Overview
12.6.2 Financial Analysis
12.6.3 Segmental and Regional Analysis
12.6.4 Research & Development Expense
12.6.5 Recent strategies and developments:
12.6.5.1 Acquisition and Mergers:
12.6.6 SWOT Analysis
12.7 Nokia Corporation
12.7.1 Company Overview
12.7.2 Financial Analysis
12.7.3 Segmental and Regional Analysis
12.7.4 Research & Development Expense
12.7.5 Recent strategies and developments:
12.7.5.1 Partnerships, Collaborations, and Agreements:
12.7.6 SWOT Analysis
12.8 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
12.8.1 Company Overview
12.8.2 Financial Analysis
12.8.3 Segmental and Regional Analysis
12.8.4 Research & Development Expenses
12.8.5 Recent strategies and developments:
12.8.5.1 Product Launches and Product Expansions:
12.8.6 SWOT Analysis
12.9 IBM Corporation
12.9.1 Company Overview
12.9.2 Financial Analysis
12.9.3 Regional & Segmental Analysis
12.9.4 Research & Development Expenses
12.9.5 Recent strategies and developments:
12.9.5.1 Partnerships, Collaborations, and Agreements:
12.9.5.2 Acquisition and Mergers:
12.9.6 SWOT Analysis
12.10. Intel Corporation
12.10.1 Company Overview
12.10.2 Financial Analysis
12.10.3 Segmental and Regional Analysis
12.10.4 Research & Development Expenses
12.10.5 Recent strategies and developments:
12.10.5.1 Partnerships, Collaborations, and Agreements:
12.10.6 SWOT Analysis

Companies Mentioned

Some of the key companies profiled in this LAMEA 5G Security Market include:
  • AT&T Inc.
  • Ericsson AB
  • Intel Corporation
  • Qualcomm Incorporated (Qualcomm Technologies, Inc.)
  • Nokia Corporation
  • Juniper Networks, Inc.
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • IBM Corporation
  • Fortinet, Inc.
  • Palo Alto Networks, Inc.

Methodology

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About the 5G Security Market

The 5G Security market is an emerging sector that is expected to grow in the coming years as 5G technology becomes more widely adopted. 5G networks are more complex than 4G networks, and require more advanced security measures to protect them from cyber threats. 5G networks are also more vulnerable to attacks due to their increased speed and capacity. As a result, 5G security solutions are becoming increasingly important for organizations to protect their networks and data. 5G security solutions include authentication, encryption, access control, and identity management. These solutions are designed to protect networks from malicious actors and ensure that data is secure. Additionally, 5G security solutions can help organizations comply with regulatory requirements and protect their networks from unauthorized access. Some of the companies in the 5G Security market include Cisco, Nokia, Ericsson, Huawei, and Samsung. These companies offer a range of 5G security solutions, including authentication, encryption, access control, and identity management. Show Less Read more

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