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Global 5G in Defense Market is Expected to Reach USD 1335 Million, Growing at a CAGR of 29.85% between 2023 and 2030

11-01-2023 02:44 PM CET | IT, New Media & Software

Press release from: Infinium Global Research LLP

Global 5G in Defense Market is Expected to Reach USD 1335 Million,

The global 5G in defense market is poised for remarkable growth, driven by the increasing adoption of autonomous and connected devices. With its ability to connect millions of devices within a short range, 5G technology is revolutionizing the way data is transferred among autonomous systems and platforms. This advancement is expected to significantly enhance the adoption of the Internet of Things (IoT) in military applications. However, the market faces challenges related to the lack of standards and protocols for 5G usage, a shortage of skilled manpower, and security concerns. Nevertheless, government investments in 5G development are opening new avenues for market expansion. The global 5G in defense market was valued at USD 123.6 Million in 2022 and is expected to reach USD 1335 Million by 2030 and grow at a CAGR of 29.85% over the forecast period.

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5G Revolutionizes Connectivity in Defense

The adoption of 5G technology in the defense sector is being driven by its capability to connect a vast array of devices seamlessly. Autonomous systems and platforms now rely on 5G networks for efficient data transfer. The use of 5G is set to boost the adoption of IoT in military applications. However, the market faces challenges related to the absence of standardized protocols and a scarcity of skilled personnel. Additionally, certain functionalities of 5G core infrastructure expose networks to non-operators. Despite these challenges, various industries are transitioning by connecting diverse devices, appliances, systems, and services. Governments in highly developed nations are actively investing in 5G development, further propelling its presence in the defense sector.

North America Leads the Way in 5G Adoption

North America dominates the global 5G in defense market, thanks to significant investments by the US Department of Defense in 5G technology development. The region also benefits from the widespread use of connected systems through IoT and the allocation of a wide frequency band to the US military. These factors have created new opportunities for developers to enhance the efficiency of 5G systems. However, the Asia Pacific region is poised to experience the highest growth rate in the global 5G defense market. The region is committed to improving the processing and functionality of ISR (intelligence, surveillance & reconnaissance) systems.

IoT Applications Drive Demand for 5G

The Internet of Things (IoT) is a transformative technology with applications across various industries, including defense. Defense departments and military coalitions worldwide are adopting IoT solutions to enhance their capabilities. For instance, the US military's Missile Defense Agency has developed an IoT-enabled warfighting network, leveraging 5G technology to connect 48,000 miles of classified communication network lines. Similarly, the NATO Smart Energy initiative employs IoT devices for logistics management, tracking shipments, managing inventories, training and simulation, and smart energy system management. These applications require high-speed, low-latency, and wide-coverage networks, making 5G essential for their success.

5G Transforms Network-Centric Warfare

Network-Centric Warfare (NCW) is vital in modern combat scenarios, relying on effective networking to enhance combat power. NCW enables geographically dispersed forces to achieve a shared battlespace awareness, making it a critical component of military operations. 5G technology is revolutionizing NCW by connecting vehicles, drones, and robotic entities on the battlefield. This connectivity streamlines battlespace sensing and data processing, significantly impacting military intelligence and targeting strategies.

Security Concerns Pose Challenges

While 5G offers numerous advantages, it also introduces security concerns that must be addressed. Poor software development practices during and after 5G deployment can introduce security vulnerabilities. Security issues have been identified with the deployment of 5G technology, including potential risks related to third-party activity. The 5G core infrastructure has functionalities that expose networks to non-operators. These security challenges are contributing to slower adoption across military applications.

Government Initiatives Drive 5G Deployment

Governments worldwide are actively promoting widespread 5G deployment through various initiatives. For instance, the Chinese government has invested nearly USD 180 billion in 5G deployment over five years. China has also allocated 200 MHz of mid-band spectrum to its three state providers. Similarly, the South Korean government has invested heavily in pursuing 5G and has committed USD 1.5 billion to promote its adoption and deployment by 2020. The U.S. Department of Defense has allocated USD 600 million to test military applications of 5G technology. Such government initiatives are creating opportunities for players to consolidate their position in the market.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. 5G in Defense Market Highlights

2.2. 5G in Defense Market Projection

2.3. 5G in Defense Market Regional Highlights

Chapter 3. Global 5G in Defense Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Analysis of COVID-19 impact on the 5G in Defense Market

3.4. Porter's Five Forces Analysis

3.5. IGR-Growth Matrix Analysis

3.5.1.IGR-Growth Matrix Analysis by Communication Infrastructure

3.5.2.IGR-Growth Matrix Analysis by Core Network Technology

3.5.3.IGR-Growth Matrix Analysis by Network Type

3.5.4.IGR-Growth Matrix Analysis by Chipset

3.5.5.IGR-Growth Matrix Analysis by Platform

3.5.6.IGR-Growth Matrix Analysis by Region

3.6. Value Chain Analysis of 5G in Defense Market

Chapter 4. 5G in Defense Market Macro Indicator Analysis

Chapter 5. Global 5G in Defense Market by Communication Infrastructure

5.1. Small Cell

5.2. Macro Cell

5.3. Radio Access Network

Chapter 6. Global 5G in Defense Market by Core Network Technology

6.1. Software-defined Networking

6.2. Mobile Edge Computing

6.3. Fog Computing

6.4. Network Functions Virtualization

Chapter 7. Global 5G in Defense Market by Network Type

7.1. Enhanced Mobile Broadband

7.2. Ultra-reliable Low-latency Communications

7.3. Massive Machine Type Communications

Chapter 8. Global 5G in Defense Market by Chipset

8.1. Application-specific Integrated Circuit (ASIC) Chipset

8.2. Radio Frequency Integrated Circuit (RFIC) Chipset

Chapter 9. Global 5G in Defense Market by Platform

9.1. Land

9.2. Naval

9.3. Airborne

Chapter 10. Global 5G in Defense Market by Region 2023-2030

10.1. North America

10.1.1. North America 5G in Defense Market by Communication Infrastructure

10.1.2. North America 5G in Defense Market by Core Network Technology

10.1.3. North America 5G in Defense Market by Network Type

10.1.4. North America 5G in Defense Market by Chipset

10.1.5. North America 5G in Defense Market by Platform

10.1.6. North America 5G in Defense Market by Country

10.2. Europe

10.2.1. Europe 5G in Defense Market by Communication Infrastructure

10.2.2. Europe 5G in Defense Market by Core Network Technology

10.2.3. Europe 5G in Defense Market by Network Type

10.2.4. Europe 5G in Defense Market by Chipset

10.2.5. Europe 5G in Defense Market by Platform

10.2.6. Europe 5G in Defense Market by Country

10.3. Asia-Pacific

10.3.1. Asia-Pacific 5G in Defense Market by Communication Infrastructure

10.3.2. Asia-Pacific 5G in Defense Market by Core Network Technology

10.3.3. Asia-Pacific 5G in Defense Market by Network Type

10.3.4. Asia-Pacific 5G in Defense Market by Chipset

10.3.5. Asia-Pacific 5G in Defense Market by Platform

10.3.6. Asia-Pacific 5G in Defense Market by Country

10.4. RoW

10.4.1. RoW 5G in Defense Market by Communication Infrastructure

10.4.2. RoW 5G in Defense Market by Core Network Technology

10.4.3. RoW 5G in Defense Market by Network Type

10.4.4. RoW 5G in Defense Market by Chipset

10.4.5. RoW 5G in Defense Market by Platform

10.4.6. RoW 5G in Defense Market by Sub-region

Chapter 11. Company Profiles and Competitive Landscape

11.1. Competitive Landscape in the Global 5G in Defense Market

11.2. Companies Profiles

11.2.1. Thales Group

11.2.2. Samsung

11.2.3. L3Harris Technologies, Inc

11.2.4. Wind River Systems, Inc.

11.2.5. Raytheon Technologies

11.2.6. Ligado Networks

11.2.7. NEC Corporation

11.2.8. Nokia Corporation

More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/reports/enquiry/35301

Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of 5G in Defense.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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About Infinium Global Research:

Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.

Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.

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