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Global 5G in Defense Market is Forecast to Reach a Value of USD 845.5 Million By 2027 with a Growing CAGR of 51% | Infinium Global Research

12-05-2023 01:56 PM CET | IT, New Media & Software

Press release from: Infinium Global Research LLP

Global 5G in Defense Market is Forecast to Reach a Value of USD

Infinium Global Research, a leading market research firm, has recently released an exhaustive report analyzing the global and regional landscape of the 5G in Defense Market. The report provides a comprehensive understanding of various segments and sub-segments, exploring the influence of drivers, restraints, and macro indicators on the global and regional 5G in defense market over both short and long-term periods. According to the report, the global 5G in defense market is forecasted to witness a substantial Compound Annual Growth Rate (CAGR) of 51% between 2021 and 2027, catapulting the market from approximately USD 72.3 million in 2021 to nearly USD 845.5 million by 2027.

To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/reports/sample-request/35301

Market Insight

The Department of Defense is recognizing 5G technology as a transformative force for global military operations, potentially providing an unparalleled advantage in warfare. Unlike the significant investments in radar technology during World War II, 5G technology presents possibilities for augmented reality, virtual reality, smart warehousing, distributed command, and dynamic spectrum use. Nations such as the United States, Europe, China, and Russia are strategically integrating 5G technologies into their military networks, enabling new use cases and fostering digital transformation within the defense sector. The COVID-19 pandemic had a substantial impact on the deployment of high-investment technologies like 5G in defense, leading to economic downturns, disruptions in supply chains, and delays in technological advancements. However, despite short-term setbacks, the communications industry is poised to rebound swiftly in the forthcoming years.

Factors Driving Market Growth

The burgeoning adoption of autonomous and connected devices is a key driver propelling the 5G in defense market. With the ability to connect millions of devices within a limited range, 5G technology becomes integral to the operation of autonomous systems and platforms, enhancing data transfer and communication. Countries like China and Israel have already begun leveraging 5G technologies in their military operations. Nevertheless, challenges such as the lack of standards and protocols for 5G usage, shortage of skilled manpower, and the absence of comprehensive knowledge related to this technology's applications pose hindrances. The growing adoption of IoT-related technology, however, presents promising growth opportunities in the years ahead.

Regional Outlook and Market Segmentation

North America currently dominates the global 5G in Defense Market, primarily due to substantial investments by the US Department of Defense in 5G technology development. The region's focus on connected systems via IoT and the allocation of a broad frequency band for military use has created opportunities for developers to enhance 5G efficiency. On the other hand, the Asia Pacific region is poised to witness the highest growth rate in the global 5G in Defense Market, with efforts directed towards enhancing ISR systems.

Market Segments

The report segments the market based on communication infrastructure (small cell, macro cell, radio access network), core network technology (software-defined networking, mobile edge computing, fog computing, network functions virtualization), network type (enhanced mobile broadband, ultra-reliable low-latency communications, massive machine type communications), chipset (ASIC chipset, RFID chipset), and platform (land, naval, airborne).

Key Market Players

Key market players profiled in the report include Thales Group, Samsung, L3Harris Technologies, Inc., Wind River Systems, Inc., Raytheon Technologies, Ligado Networks, NEC Corporation, and Nokia Corporation.

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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 2021-2027

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 2027.

=> 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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