Press release
5G in Defense Market worth $2,772.06 million by 2030, growing at a CAGR of 16.55% - Exclusive Report by 360iResearch
5G in Defense Market | 360iResearch
The Global 5G in Defense Market to grow from USD 948.55 million in 2023 to USD 2,772.06 million by 2030, at a CAGR of 16.55%.
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The 5G in the Defense market encompasses technologies, systems, and services that utilize advanced fifth-generation wireless communication networks to bolster military capabilities across all branches of the armed forces. Key applications include surveillance, intelligence gathering, communication, command & control systems, combat operations, and logistics support. Market expansion is influenced by increasing demand for low latency, reliability, and high data transmission rates in defense operations. Increasing government spending in the defense sector for communication technologies also fuels market growth. However, limitations such as high infrastructure costs, security concerns regarding data breaches and espionage activities, regulatory complexities, spectrum allocation issues, and compatibility with legacy systems may hinder growth. Technological advancements in the 5G network for homeland security are expected to expand the number of connected devices and help realize IoT on a massive scale. In addition, the rising adoption of autonomous and connected devices in the aircraft and military sector is creating lucrative opportunities for market growth. Businesses focus on innovative research and development initiatives in resilient network security against cyberattacks, AI-driven analytics combined with edge computing, and advancements in energy-efficient networking technologies suitable for deployment in remote or hostile environments.
In the Americas, the United States is pioneering developing and deploying 5G technology within its defense sector. Canada is collaborating with NATO allies to strengthen its national security through joint research projects and best practice sharing related to 5G implementation in defense systems. The country's investment in military modernization programs underscores its commitment to incorporating advanced technologies. European Union countries are constructing secure communication networks for their defense sectors by capitalizing on the capabilities of 5G technology. Initiatives such as EuroDRONES and ESSOR aim to bolster interoperability among European armed forces through next-generation communication systems based on cutting-edge technologies. In the Middle East, nations, including Israel, Saudi Arabia, and the United Arab Emirates, invest heavily in their respective defense sectors, focusing on advanced technologies like 5G for improved command-and-control capabilities, real-time intelligence gathering, and remote surveillance. African countries are exploring opportunities provided by emerging technologies, including artificial intelligence (AI) and 5G, for enhancing their military prowess. Asia Pacific showcases immense potential for growth in terms of demand for integrating 5G technology within its defense sector. Countries such as China have rapidly advanced their military modernization programs through significant investments in novel technologies like artificial intelligence (AI) and quantum communications powered by 5G networks. India has also embarked on an ambitious roadmap to deploy 5G-enabled communication networks for its armed forces in the coming years.
Market Segmentation & Coverage:
This research report categorizes the 5G in Defense Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Solution, market is studied across Chipsets, Communication Network, and Core Network. The Chipsets is further studied across Application-Specific Integrated Circuit (APSIC) Chipset, Millimetre Wave (MMWAVE) Chipset, and Radio Frequency Integrated Circuit (RFIC) Chipset. The Communication Network is further studied across Macro Cell and Small Cell. The Core Network is further studied across Fog Computing (FC), Mobile Edge Computing (EDC), Network Function Visualization (NFV), and Software-Defined Networking (SDN). The Communication Network is projected to witness significant market share during forecast period.
Based on Operational Frequency, market is studied across High, Low, and Medium. The Low is projected to witness significant market share during forecast period.
Based on Network Type, market is studied across Enhanced Mobile Broadband (eMBB), Massive Machine Type Communications (MMTC), and Ultra-Reliable Low-Latency Communications (URLLC). The Massive Machine Type Communications (MMTC) is projected to witness significant market share during forecast period.
Based on Platform, market is studied across Airborne, Land, and Naval. The Airborne is projected to witness significant market share during forecast period.
Based on End User, market is studied across Homeland Security and Military. The Homeland Security is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 39.19% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the 5G in Defense Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the 5G in Defense Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the 5G in Defense Market, highlighting leading vendors and their innovative profiles. These include AKKA Technologies SE, Analog Devices, Inc., AT&T Inc., Cisco Systems, Inc., Cubic Corporation, Deutsche Telekom AG, Fujitsu Limited, General Electric Company, Honeywell International Inc., Huawei Technologies Co., Ltd., Intelsat S.A., L3Harris Technologies, Inc., Lockheed Martin Corporation, Nokia Corporation, QUALCOMM Incorporated, Raytheon Technologies Corporation, Rohde & Schwarz GmbH & Co. KG, Samsung Electronics Co., Ltd., Tech Mahindra Limited, Telefonaktiebolaget LM Ericsson, Telefónica S.A., Thales Group, Verizon Communications Inc., Viasat, Inc., and Wind River Systems, Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. 5G in Defense Market, by Solution
7. 5G in Defense Market, by Operational Frequency
8. 5G in Defense Market, by Network Type
9. 5G in Defense Market, by Platform
10. 5G in Defense Market, by End User
11. Americas 5G in Defense Market
12. Asia-Pacific 5G in Defense Market
13. Europe, Middle East & Africa 5G in Defense Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the 5G in Defense Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the 5G in Defense Market?
3. What is the competitive strategic window for opportunities in the 5G in Defense Market?
4. What are the technology trends and regulatory frameworks in the 5G in Defense Market?
5. What is the market share of the leading vendors in the 5G in Defense Market?
6. What modes and strategic moves are considered suitable for entering the 5G in Defense Market?
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