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5G In Defense Market Demand, Business Scenario, Trends, Major Players, Status and Development Trends 2028

The global 5G in defense market is expected to reach USD 579.72 billion in 2028 and register a revenue CAGR of 68.4% during the forecast period, 2021-2028 according to a novel report published by Emergen Research. One of the key factors surging demand for 5G services in defense is the high usage of autonomous systems, robotic combat vehicles, and connected devices. The 5G network is said to have enhanced efficiency of autonomous systems by offering better speed and greater bandwidth. Other factors such as increasing demand for automation and surveillance activities in the military sector, government initiatives for developing 5G technology, infrastructure, networks, expected to boost market growth during the forecast period.

5G network slicing would enable creation of end-to-end virtual network as per the requirements of the application, which would enable operators to allocate required amount of resources as per network slice, thereby helping in more effective utilization of resources and significant reduction in operational expenditure. These are some major factors driving growth of global 5G in defense market revenue currently.

Request a PDF sample copy of the report @ https://www.emergenresearch.com/request-sample/867

Some Key Highlights From the Report

  • Small cell segment revenue is expected to expand at a substantially rapid CAGR during the forecast period due to significantly lower cost than macrocell and transmission of higher frequency waves.
  • Ultra-reliable Low-latency Communications (URLLC) segment is expected to register a significantly robust revenue growth rate over the forecast period due to low latency and high speed, which would facilitate better connectivity and faster decision making.
  • North America is expected to register a larger revenue growth rate in the 5G in defense market over the forecast period than other regional markets due to robust presence of international and domestic 5G network providers such as Raytheon Technologies, Qualcomm Technologies., AeroMobile Communications Ltd.., NVIDIA Corporation., and Cisco Systems, Inc., among others in countries in the region.

Some major companies in the global market report include Raytheon Technologies Corporation, L3harris Technologies, Inc., Telefonaktiebolaget LM Ericsson., Thales Group, NEC Corporation, Qualcomm Technologies, , Huawei Technologies Co. Ltd, Cisco Systems, Inc., AeroMobile Communications Ltd., and NVIDIA Corporation.

Emergen Research has segmented the global 5G in defense market on the basis of communication infrastructure, core network technology, chipset size, services, platform, and region:

  • Communication Infrastructure Outlook (Revenue, USD Billion; 2018–2028)
    • Small Cell
      1. Picocells
      2. Femtocells
    • Macrocell
  • Core Network Technology Outlook (Revenue, USD Billion; 2018–2028)
    • Software-defined Networking (SDN)
    • Multi-user Edge Computing (MEC)
    • Network Functions Virtualization (NFV)
    • Fog Computing
  • Chipset Size Outlook (Revenue, USD Billion; 2018–2028)
    • Application-specific Integrated Circuit (ASIC) chipset
    • Radio Frequency Integrated Circuit (RFIC) chipset
    • Millimeter Wave (MMwave) chipset
  • Services Outlook (Revenue, USD Billion; 2018–2028)
    • Enhanced Mobile Broadband (eMBB)
    • Ultra-reliable Low-latency Communications (URLLC)
    • Massive Machine Type Communications (MMTC)
  • Platform Outlook (Revenue, USD Billion; 2018–2028)
    • Land
    • Naval
    • Airborne
  • Regional Outlook (Revenue, USD Billion; 2018–2028)
    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. U.K.
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

To view the detailed ToC of the global 5G In Defense Market report, visit @ https://www.emergenresearch.com/industry-report/5g-in-defense-market

The post 5G In Defense Market Demand, Business Scenario, Trends, Major Players, Status and Development Trends 2028 appeared first on Market O Graphics.

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