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5G in Defense Market to Grow at CAGR of 14.7% Reaching USD 10.57 Billion By 2032

04-16-2024 12:30 PM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

5G in Defense Market

5G in Defense Market

Global 5G in Defense Market size and share is currently valued at USD 2.71 billion in 2022 and is anticipated to generate an estimated revenue of USD 10.57 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 14.7% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2023 - 2032

๐†๐ž๐ญ ๐š๐ง ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/5g-in-defense-market/request-for-sample

A number of significant factors, such as the growing demand for the Internet of Things (IoT), the growing reliance on big data for decision-making, the growing need for automation in the military and defense sectors, and increased government investments in 5G technology, networks, and infrastructure, are expected to fuel the anticipated revenue growth in the global 5G defense market. Also, in 2022, based on communication infrastructure analysis, the macrocell category held the largest revenue share, and by regional study, North America dominated the market.

๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐€๐๐๐ซ๐ž๐ฌ๐ฌ๐ž๐ฌ:

โ— The market is mainly segmented by chipset size, core network technology, platform, services, communication infrastructure, and region.
โ— Throughout the projection period, Asia Pacific is expected to see a noticeably faster sales growth rate.

Following 1G, 2G, 3G, and 4G networks, 5G is the fifth generation of mobile networks. It offers ten times faster data speeds, ten times lower latency, and one hundred times more connection density than 4G.

The introduction of 5G networks could advance defense and security goals by, among other things, developing new techniques for command and control, updating logistics operations for greater efficiency, and expanding intelligence, surveillance, and reconnaissance (ISR) systems and processing. Military equipment and technology companies will use 5G hardware and software for both current and future systems.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/3003/2

๐“๐จ๐ฉ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

Leading companies are concentrating on many crucial business approaches, including collaborations, mergers and acquisitions, new product developments, and joint ventures, in order to broaden their range of products and boost their market shares in various areas. The leading companies of 5G in Defense Market are:

โ€ข AeroMobile Communications Ltd.
โ€ข Cisco Systems, Inc.
โ€ข Huawei Technologies Co. Ltd
โ€ข L3harris Technologies, Inc.
โ€ข NEC Corporation
โ€ข Qualcomm Technologies, Inc.
โ€ข Raytheon Technologies Corporation
โ€ข Telefonaktiebolaget LM Ericsson
โ€ข Thales Group

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ:

โ€ข Autonomous Vehicles: 5G supports autonomous vehicles such as drones and unmanned ground vehicles (UGVs), allowing for enhanced reconnaissance and surveillance capabilities.

โ€ข Enhanced Situational Awareness: 5G enables real-time data sharing and analysis across military units, providing commanders with a comprehensive view of the battlefield.

โ€ข Remote Operations: 5G allows for remote control and operation of military assets, including drones and robotics, improving safety and reducing the need for personnel in dangerous situations.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐“๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ, ๐ก๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/5g-in-defense-market

๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‡๐š๐ฌ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ž๐ ๐“๐ก๐ž ๐Ÿ“๐† ๐ˆ๐ง ๐“๐ก๐ž ๐ƒ๐ž๐Ÿ๐ž๐ง๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐š๐ฌ๐ž๐ ๐Ž๐ง ๐‚๐จ๐ซ๐ž ๐๐ž๐ญ๐ฐ๐จ๐ซ๐ค ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ, ๐‚๐ก๐ข๐ฉ๐ฌ๐ž๐ญ ๐’๐ข๐ณ๐ž, ๐‚๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐ˆ๐ง๐Ÿ๐ซ๐š๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž, ๐๐ฅ๐š๐ญ๐Ÿ๐จ๐ซ๐ฆ, ๐€๐ง๐ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ:

5G in Defense, Core Network Technology Outlook (Revenue - USD Billion, 2019 - 2032)
โ€ข Fog Computing
โ€ข Network Functions Virtualization (NFV)
โ€ข Software-defined Networking (SDN)
โ€ข Multi-user Edge Computing (MEC)

5G in Defense, Chipset Size Outlook (Revenue - USD Billion, 2019 - 2032)
โ€ข Radio Frequency Integrated Circuit (RFIC) Chipset
โ€ข Application-specific Integrated Circuit (ASIC) Chipset
โ€ข Millimeter Wave (MMwave) Chipset

5G in Defense, Communication Infrastructure Outlook (Revenue - USD Billion, 2019 - 2032)
โ€ข Macrocell
โ€ข Small Cell

5G in Defence, Platform Outlook (Revenue - USD Billion, 2019 - 2032)
โ€ข Naval
โ€ข Airborne
โ€ข Land

5G in Defence, Services Outlook (Revenue - USD Billion, 2019 - 2032)
โ€ข Ultra-reliable Low-latency Communications (URLLC)
โ€ข Massive Machine Type Communications (MMTC)
โ€ข Enhanced Mobile Broadband (eMBB)

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Battery Management System Market: https://www.polarismarketresearch.com/industry-analysis/battery-management-system-market

Parking Management Systems Market: https://www.polarismarketresearch.com/industry-analysis/parking-management-systems-market

Over-The-Top Devices And Services Market: https://www.polarismarketresearch.com/industry-analysis/over-the-top-devices-and-services-market

Smart Parking Systems Market: https://www.polarismarketresearch.com/industry-analysis/smart-parking-systems-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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