The current macroeconomic and political global context has put increased pressure on 5G rollouts, slowing expectations for growth in the network security market compared to previous forecasts. Nonetheless, global technology intelligence firm ABI Research forecasts the market to continue a steady upward, albeit slowed, trajectory to reach US$9.2 billion by 2026.
Read MoreThe last two years accelerated Information Technology (IT) trends that were already underway: rapid increase in the adoption of cloud, multi-cloud, and internet of things (IoT); a smarter edge for use cases such as modern retail, healthcare, and manufacturing; and a distributed workforce, where employees can be anywhere. Software-defined (SD) WAN technology eliminates the traditional WAN connectivity challenges associated with distributed enterprise applications and IoT devices that held back this acceleration.
Read Moreadditional revenue streams to boost their bottom line. The implementation of 5G gives operators the opportunity to offer new services to both enterprises and consumers. Recent research by Frost & Sullivan predicts that the new value-added services could potentially become a bigger contributor to sector revenues than basic connectivity services, driving the 5G market in the Asia-Pacific region to reach $124.8 billion by 2025.
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