5G in defense market size reached USD 9.31 billion in 2020 and is expected to register a revenue CAGR of 68.4% during the forecast period, according to latest analysis by Emergen Research. Increasing implementation of Internet of Things (IoT) in military is expected to support market revenue growth during 2021-2028. Besides, increasing dependency on big data for decision making will boost market growth.
Large volume real-time data capture using sensors installed on various platforms are processed and analyzed using sophisticated machine learning and Artificial Intelligence. 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.
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However, higher cost of deploying 5G infrastructure and rise in cyber threat and security concerns and potential breaches of 5G networks are expected to hamper market revenue growth during the forecast period.
The latest market intelligence report, titled ‘Global 5G In Defense Market’, is intended to provide the target audience with the necessary information about the global 5G In Defense industry. The report comprises a detailed analysis of the vital elements of the 5G In Defense market, including key drivers, constraints, opportunities, limitations, threats, and micro-and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the 5G In Defense market dynamics that helps market analysts estimate the global market growth rate over the projected timeline.
Key market participants 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.
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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
Picocells
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
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The report also offers regional level analysis and market estimation for the regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Regional Outlook of 5G In Defense Market:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
Global 5G In Defense Market Report – Table of Contents:
Chapter 1 includes the global 5G In Defense market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the 5G In Defense market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the 5G In Defense market, focusing on the major manufacturers and vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of the 5G In Defense industry, along with their anticipated sales and revenue shares.
Chapters 5 includes market segmentation based on product type, application range, and market players.
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