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5g In Defense Market Size Estimated to Reach US$ 8,952.30 Million by 2027 | CAGR of 48.50%

08-22-2022 02:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

5g In Defense Market Size Estimated to Reach US$ 8,952.30 Million

The latest research study "5G in Defense Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global 5G in defense market reached a value of US$ 765.2 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8,952.30 Million by 2027 exhibiting a CAGR of 48.50% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Download free sample brochure: https://www.imarcgroup.com/5g-in-defense-market/requestsample

Industry Definition and Application:

5G represents the fifth-generation mobile network technology that carries wireless communications and connects machines, objects, devices, etc. It includes several networks, such as massive machine type communication (MMTC), enhanced mobile broadband (eMBB), ultra-reliable low-latency communications (URLLC), etc. Furthermore, 5G offers ultra-low latency, uniform user experience, high-speed data, increased reliability, etc. Consequently, it finds wide-ranging applications across the defense sector to improve and process intelligence, surveillance and reconnaissance (ISR) systems, streamline logistics systems, enable new methods of command and control (C2), etc.

Global 5G in Defense Market Trends and Drivers:

The growing adoption of autonomous vehicles and robots is primarily driving the 5G in defense market. Additionally, the rising utilization of this technology to provide enemy infantry operation information at inconvenient, dangerous, and remote areas is further catalyzing the market growth. Besides this, the escalating demand for 5G services in the defense industry to ensure quick response time, faster transmission of videos and images, real-time battlefield results, etc., is acting as another significant growth-inducing factor. Moreover, the inflating need for extensive wireless broadband connections is also positively influencing the global market.

Apart from this, numerous technological advancements, such as the introduction of the Internet of Things (IoT)-based solutions that enable the communication between multiple sensors and connected devices, facilitate high-speed data connectivity, offer enhanced network capacity, etc., are anticipated to fuel the 5G in defense market over the forecasted period.

Global 5G in Defense Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

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).

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/5g-in-defense-market

The report has segmented the market on the basis of region, communication infrastructure, core network technology, network type, chipset and platform.

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

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Browse Other Related Reports by IMARC Group:

Herbal Toothcare Market Report: https://www.imarcgroup.com/herbal-toothcare-market

Acoustic Insulation Market Report: https://www.imarcgroup.com/acoustic-insulation-market

Bespoke Units Market Report: https://www.imarcgroup.com/bespoke-units-market

Pipeline Integrity Management Market Report: https://www.imarcgroup.com/pipeline-integrity-management-market

IoT Testing Market Report: https://www.imarcgroup.com/iot-testing-market

Contact Us:

IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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