MarketsandMarkets forecasts the global 5G security Market size is expected to grow 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. By Application, the Virtual and Augmented Reality segment to grow at the highest market share during the forecast period Widespread deployment of 5G security could accelerate the adoption of augmented and augmented reality.

New York, May 31, 2022 (GLOBE NEWSWIRE) — announces the release of the report “5G Security Market with Covid-19 Impact Analysis by Component, Deployment Mode, Organization Size, End User, Network Component Security, Architecture, Application, Vertical and Region – Global Forecast to 2027” –
Although more extensive availability is not the main prerequisite for VR and AR to thrive with 5G, convincing use cases are additionally required to make these technologies viable, despite the fact that the option of 5G gives developers a bigger canvas to plan design experiences.

The AR and VR revolution is still in their initial stage.These innovations can possibly reform numerous businesses throughout the upcoming years.

They will change how people interact with the surrounding scene, open new experiences, and increase productivity. However, the real-time intelligence of the extended reality (AR/VR) applications requires high bandwidth and ultra-low latency supported by the 5G networks.

By Organization Size, the Large Enterprises segment to hold the larger market size during the forecast period
Organizations with more than 1,000 employees are considered large enterprises.Adoption of 5G security solutions in the coming years is expected to grow among large enterprises.

Large enterprises are expected to use 5G security solutions for digitizing applications and services, communication security, identity management, privacy, and security assurance.They have begun investing in IT infrastructure and technical expertise to automate their various tasks.

This is in response to the increasing amount of data turn-off processes and tasks. 5G’s security architecture enables significant performance benefits and diversity of applications as it controls network slicing, cloud-based resources, virtualization, and other emerging technologies. Network slicing enables different…