In recent scenario, the telecommunication system broadly target to offer enhanced mobile broadband services, Substantial device-type communications coupled with the Ultra-consistent and low dormancy of communications. However, with the rising demand of 5G technology also brings in the threat from online fraudulent activities. Therefore, 5G technology solutions are being majorly demanded by the end users of the 5G technology to protect them from online frauds which are happening in the market also it enables the security of the data through various ways that is software and service.
As per the report Analysis, ‘Europe 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, Trust wave Holdings Inc., Verizon Communications are some of the key companies which are driving the market and has accounted the maximum share in the organized segment. The report also covers an informative competitive analysis of these players on various key factors such as Overview of the Vendors, New Product Launches, Partnerships, Investment, Mergers and Acquisitions and various others.
An in-depth study of the market has been covered in the report with various key topic for better understanding of the market such as market overview, value chain and supply chain, major growth drivers of the market, restraints of the market, developing trends of the products, Porter’s five forces analysis along with the segmentations has been provided in the report at various levels which includes by offering (Software and Service), By Software (Data Encryption, Device Authentication, User Identification, Network Protection, Software Update, Security Analytics, and Other Software Types), By Service (Professional Services, and Managed Services), By Application (5G Infrastructure Security, User Device Security, Network Equipment Security, Endpoint Security, 5G Network Security, Database Security, Cloud Security, Other Network Security, 5G Communication Security, User Privacy, Application Security), By Deployment (Enterprise Hosted Security, Cloud Based Security), By Industry Vertical (E-commerce & Retail, Connected Vehicles, e-Healthcare, Smart Manufacturing, Intelligent Buildings & Smart Cities, Energy & Utilities, Public Safety and Surveillance, Defence and Military, and Other Verticals), By End User (Consumer, Enterprise, and Government), and many more.
On the other hand, the report also gives a deep analysis on the various geographies such as Germany, UK, France, Spain, Italy, Russia and the Rest of Europe (Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania).
As per the recommendations of the analysts, it has been estimated that the Europe 5G security solution market will increase at a double digit CAGR, majorly due to rising demand of the 5G security solutions in the E-commerce and Retail segment in the region.
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Ankur Gupta, Head Marketing & Communications