Innovation in Virtualized and Cloud Security to Create US$8 Billion Market Opportunity for 5G Security Software & Services in 2027

10 May 2023

With advancing 5G roll-outs, the opportunity for software and service-based security is emerging quickly due to the need to secure virtualized and cloud-based assets at the edge of the Radio Access Networks (RAN) and in the core. Global technology intelligence firm ABI Research expects a diverse multi-vendor cybersecurity market to leverage and adapt the best of digital security technologies to the 5G ecosystem, creating a rich and innovative market aimed at protecting all aspects of 5G networks.

Vendors are already proposing commercial solutions to authenticate Cloud and Virtual Network Functions, protect subscription identifiers with traditional Hardware Security Modules (HSMs), and secure container services in 5G core. “Numerous existing solutions in the traditional cybersecurity market can secure 5G networks, data, and devices. The critical success factor is to ensure that these technologies are adapted to the new context and can work with the architectural requirements defined by 5G standards,” explains Michela Menting, Telco Cybersecurity Research Director at ABI Research.

The resulting vendor ecosystem will consist of those coming from a telco background and are familiar with 5G networks, such as network equipment providers (such as Ericsson and Nokia) and telco software and network security companies (e.g.,  BroadForward, Allot, and SecurityGen), and those from the IT and enterprise markets, such as pure-play cybersecurity vendors (e.g.,  Thales, Fortinet, and Palo Alto Networks), cloud service providers, as well as systems integrators and managed security service providers.

While today’s market opportunity for 5G security currently lies in network security solutions targeted at telco operators, increasingly, this will be overshadowed by demand for software and service security, with the market expected to reach US$8.6 billion in revenues by 2027; a growing share of that will come from enterprise markets who will look to secure specific applications (e.g., URLLC, MMTC) and configurations (e.g., network slices). 

These findings are from ABI Research’s 5G Security: The Software & Service Opportunity report. This report is part of the company’s Telco Cybersecurity research service, which includes research, data, and ABI Insights.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research 是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit

Contact ABI Research

Media Contacts

Americas: +1.516.624.2542
Europe: +44.(0).203.326.0142
Asia: +65 6950.5670

Related Research

Related Service