Page 35 - Cyber Defense eMagazine September 2022

5G Technology – Ensuring Cybersecurity for Businesses

By Mohit Shrivastava, Chief Analyst ICT, Future Market Insights

5G network, the fifth generation of the cellular technology is promising to offer faster and better
connectivity across the globe. The deployment of the 5G network in different parts of the world is
promising a change to end user industries such as IT sectors, manufacturing units of different consumer-
based products, automotive, transportation and logistics, automotive and energy & utilities. Thus, the use
of the 5G network is augmenting productivity, improving scalability and seamlessly integrating different
domains of businesses.

Future Market Insight states that the 5G technology market is expected to register a staggering double-
digit CAGR of 71.9% by garnering a market value of US$ 248.4 billion by the end of 2028. The penetration
of the 5G network is accelerating developments in telecommunication technologies. Moreover, increasing
adoption of Internet of Things (IoT), the growing number of smart technologies along with rapid growth
of internet users is overall changing the way 5G network is perceived and used.

Cyber Defense eMagazine – September 2022 Edition 35
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