Insights on the 5G in Defense Global Market to 2028 - Cisco Systems Inc., L3harris Technologies Inc., Ligado Networks, Nokia Corporation Among Others

Global 5G in Defense Market Size, Status and Forecast 2022-2028

The report discusses many vital industry facets that influence global 5G in Defense industry acutely which includes extensive study of competitive edge, latest technological advancements, region-wise industry environment, contemporary market and trends, top market contenders, and recent consumption tendency of the end user. The report also manages market size, market share, growth rate, revenue, and CAGR reported before along with its forecast estimation.

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The global 5G in defense market reached a value of US$ 765.2 Million in 2021, market to reach a value of US$ 8,952.30 Million by 2027 exhibiting a CAGR of 48.50% during 2022-2027

The prominent players in the global 5G in Defense Market are: Cisco Systems Inc., L3harris Technologies Inc., Ligado Networks, Nokia Corporation, Nvidia Corporation, Qualcomm Incorporated, Raytheon Technologies Corporation, Samsung Electronics Co. Ltd, Sierra Wireless Inc, Telefonaktiebolaget LM Ericsson, Thales Group and Wind River Systems Inc. (Intel Corporation).

Regional Assessment 

Geographically, the global 5G in Defense market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, and others), Asia-Pacific (China, India, Japan, and others), and LAMEA (Latin America, Middle East, and Africa).

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Market Insights

5G refers to the fifth-generation mobile network technology that carries wireless communication and connects objects, machines, people, and devices. It comprises various networks, such as enhanced mobile broadband (eMBB), massive machine type communication (MMTC), and ultra-reliable low-latency communications (URLLC). Consequently, it finds widespread applications across various industries. For instance, particularly in the defense sector, 5G is widely used to improve and process intelligence, surveillance, and reconnaissance (ISR) systems, streamline logistics systems and enable new methods of command and control (C2). It further assists in quick response time and faster transmission of videos and images to achieve real-time battlefield results. The network is also widely used to provide enemy infantry real-time operation information at inconvenient, dangerous, and remote areas. It is also utilized to transmit data over various wireless broadband connections to enhance speed and bandwidth at a multigigabit speed. It also offers ultra-low latency, enhanced network capacity, uniform user experience, high-speed data, and increased reliability.

The widespread adoption of autonomous defense vehicles and robots in the defense sector is one of the key factors primarily driving the market growth. Additionally, the rising use of 5G in radars to detect and track multiple targets and the surging numbers of cross-border and territorial conflicts are favoring the market growth. Moreover, various technological advancements, such as the integration of the Internet of Things (IoT), which enables the communication between multiple sensors and connected devices and facilitates high-speed data connectivity, are boosting the market growth. 5G services are rapidly being adopted in augmented reality (AR) for efficient maintenance of gadgets, vehicles, and equipment to train military personnel, which is positively impacting the market growth. Apart from this, the rapid upgradation of defense infrastructure and the implementation of various government initiatives to support 5G technology are some of the factors creating a positive outlook for the market.

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Breakup by Communication Infrastructure:
Small Cell
Macro Cell
Radio Access Network (RAN)

Breakup by Core Network Technology:
Software-Defined Networking (SDN)
Fog Computing (FC)
Mobile Edge Computing (MEC)
Network Functions Virtualization (NFV)

Breakup by Network Type:
Enhanced Mobile Broadband (EMBB)
Ultra-Reliable Low-Latency Communications (URLLC)
Massive Machine Type Communications (MMTC)

Breakup by Chipset:
Application-Specific Integrated Circuit (ASIC) Chipset
Radio Frequency Integrated Circuit (RFIC) Chipset
Millimeter Wave (mmWave) Chipset

Breakup by Platform:
Land
Naval
Airborne

Key Takeaways from 5G in Defense Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the 5G in Defense market - key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance - 5G in Defense market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to advance top-line revenues

─Appreciate the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a rapid outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the 5G in Defense

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