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Private 5G network security investments: expected to grow to $13 billion in 2027

The growing need for security in corporate private 5G networks: investments and priorities

Private 5G network security investments will reach $13 billion in 2027, according to a Trend Micro report. Enterprises are increasing spending on private 5G network security, with priorities such as security visibility, risk control and threat protection. It is important to improve the integration and security of private 5G networks, having a shared responsibility between service providers and companies. Market formation and the reduction of distances in perception will be essential to ensure a higher level of security.

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In 2027, investments to secure private 5G networks will reach a hefty $13 billion, according to Trend Micro's "Beyond Secure by Default" report. This study highlights that 72% of companies globally believe that a 3GPP approach is sufficient to guarantee the security of private 5G. However, while private networks are more secure than public ones, they are not completely impenetrable.

The priorities in the security of corporate private 5G networks

Leading companies are already allocating $1 million to $5 million of their IT budgets for private 5G network security and plan to increase spending further. When addressing corporate private 5G network security issues, the top expectations are security visibility (75%), risk management and control (65%), and an improved and simple alert system (49%). Additionally, organizations are requesting mitigation measures such as authentication (75%), access control (65%) and protection from rogue base stations (58%).

The importance of integrating and improving security in private 5G networks

On the one hand, business leaders focus on the need to integrate and improve the visibility of security measures across the organization. On the other hand, 5G network developers are working to increase security standards, aligning with the "Secure by Default" principles. These priorities clearly indicate the will of both parties to guarantee an ever higher level of security.

Shared responsibility and market formation in the protection of private 5G networks

The research underlines the importance of a model of shared responsibility. Service providers must ensure that all components of private 5G networks are protected, but enterprises must also take responsibility for risk mitigation in certain environments. Furthermore, market formation and narrowing the gaps in perception will be fundamental for the future, especially considering the lack of knowledge about the solutions offered by security vendors.

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08/13/2023 07:11

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