Press release
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
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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