Network Security Solutions (Global)

2023: International standard for the exchange of information on cyber threats in communication networks developed

On August 25, 2023, it became known that the International Telecommunication Union (ITU) will discuss the possibility of using the STIX language to exchange information about cyber threats in communication networks as a new industry standard. Read more here.

2020: 5G Protection Equipment & Services Market Valued at $580 Million - MarketsandMarkets

The market for equipment and services for protection of networks 5G at the end of the year 2020 is estimated by analysts MarketsandMarkets at $580 million. Experts say demand for such solutions is growing rapidly as fifth-generation communications are actively built and launched. The main catalysts for this rise are named:

• growing concern among operators and subscribers about the security of 5G networks;
• an increase in the number of ransomware attacks on Internet of Things equipment;
• a flurry of hacker attacks on critical information infrastructure (CII, this includes IT systems of banks, government agencies, fuel and energy complex, etc.) around the world;
• a growing number of wireless connections to IoT devices, which paved the way for the mMTC (Massive machine type communications) standard with increased security requirements.

In the market for solutions for protecting 5G networks, sales of the corresponding services grew the fastest in 2020, since, as stated in the study, such services are focused on improving business processes and optimizing corporate networks. Services are considered the backbone of 5G security because they are used in tasks such as testing, network planning and optimization, support and maintenance, and consulting.

The market for equipment and services for the protection of 5G networks at the end of 2020 is estimated at $580 million

At the same time, experts believe that cloud information security tools used to ensure cybersecurity of 5G networks can become the fastest growing segment, since the cloud model allows businesses to save money - the company does not need to spend money on equipment, software, data storage and technical personnel. The benefits of the cloud model in MarketsandMarkets also include scalability, availability, flexibility, and cost-effectiveness.

As for the technology segments, tools for protecting 5G networks from DDoS attacks were in greatest demand in 2020.

The largest sales of tools and services for protecting 5G networks in 2020 fell on the Asia-Pacific region. He is expected to retain the lead through 2026. Infrastructure growth in the region, particularly in Japan, South Korea, Australia, Singapore, China and India, and the growing deployment of 4G and 5G networks offer huge opportunities to implement 5G communications security solutions, the study said.

In their report, MarketsandMarkets analysts considered both public 5G telecommunications networks, to which all subscribers can connect, and dedicated networks deployed within the enterprise. A dedicated wireless technology network designed for digitalization and automation of technological processes combines various sensors, elements of the production ecosystem and the enterprise IT infrastructure into a single secure circuit. This generally ensures stability, increased reliability and safety of all elements of production. However, as emphasized in the analytical report, the high cost of 5G protection systems will limit their implementation by small and medium-sized enterprises, so the latter risk encountering cyber incidents when using dedicated cellular networks.

MarketsandMarkets: Global 5G Security Tools and Services Market Size to Grow by Approximately 44.3% Annually

Companies using 5G networks with autonomous architecture (5G Standalone, 5G SA), for example, for robotization, big data analysis, industrial Internet of Things and augmented reality, will need mechanisms to secure the "entire" 5G network.

According to the researchers, the global market for tools and services for protecting 5G networks will grow by about 44.3% annually and will amount to approximately $5.23 billion by 2026.^[1]

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