Press release
5G In Defense Market Size, Share, Regional Overview Industry Analysis And Forecast To 2031
5G In Defense Market
The regions covered in the 5G in defense market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest 5G in defense market share.
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The 5G in defense market consists of sales of 5G technology and services by entities (organizations, sole traders, and partnerships) that are engaged in providing 5G technology and services for military and homeland security uses. 5G for defense is expected to improve reconnaissance, intelligence, and surveillance systems and processing, streamline logistics systems for increased efficiency and enable new methods of control and command. 5G in defense is used to transfer video, text, image, and voice data with faster bandwidth of 300 GHz to create data on demand for the battlefield.
Key competitors in the 5G in defense market include Ericsson, Huawei, Nokia Networks, Samsung, NEC, Thales Group, L3Harris Technologies Inc., Raytheon Technologies, Ligado Networks, Wind River Systems Inc., AT&T and Qualcomm Technologies Inc.
The global 5G in defense market size is expected to grow from $71.24 million in 2021 to $130.36 million in 2022 at a compound annual growth rate (CAGR) of 83.0%. The change in the 5G in defense market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $1098.69 million in 2026 at a CAGR of 70.4%.
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TBRC's report segments the global 5G in defense market:
1) By Communication Infrastructure: Small Cell, Macro Cell, Radio Access Network (RAN)
2) By Core Network Technology: Software-Defined Networking (SDN), Fog Computing (FC), Mobile Edge Computing (MEC), Network Functions Virtualization (NFV)
3) By Network Type: Enhanced Mobile Broadband (eMBB), Ultra-Reliable Low-Latency Communications (URLLC), Massive Machine Type Communications (MMTC)
4) By End-Use: Military, Homeland Security
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The Table of Contents includes:
1. Executive Summary
2. 5G In Defense Market Characteristics
3. 5G In Defense Market Size And Growth
4. 5G In Defense Market Segmentation
5. 5G In Defense Market Regional And Country Analysis
....
25. 5G In Defense Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The 5G In Defense Market
27. 5G In Defense Market Trends And Strategies
28. 5G In Defense Market Future Outlook and Potential Analysis
29. Appendix
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