Press release
5G in Defense Market to Grow at CAGR of 14.7% Reaching USD 10.57 Billion By 2032
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 - 2032๐๐๐ญ ๐๐ง ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: 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.
๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐ซ๐๐ฌ๐ฌ๐๐ฌ:
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.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/3003/2
๐๐จ๐ฉ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
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:
โข AeroMobile Communications Ltd.
โข Cisco Systems, Inc.
โข Huawei Technologies Co. Ltd
โข L3harris Technologies, Inc.
โข NEC Corporation
โข Qualcomm Technologies, Inc.
โข Raytheon Technologies Corporation
โข Telefonaktiebolaget LM Ericsson
โข Thales Group
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ:
โข Autonomous Vehicles: 5G supports autonomous vehicles such as drones and unmanned ground vehicles (UGVs), allowing for enhanced reconnaissance and surveillance capabilities.
โข Enhanced Situational Awareness: 5G enables real-time data sharing and analysis across military units, providing commanders with a comprehensive view of the battlefield.
โข 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.
๐๐๐๐๐ฌ๐ฌ ๐๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ, ๐ก๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/5g-in-defense-market
๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฌ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ ๐๐ก๐ ๐๐ ๐๐ง ๐๐ก๐ ๐๐๐๐๐ง๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฌ๐๐ ๐๐ง ๐๐จ๐ซ๐ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ, ๐๐ก๐ข๐ฉ๐ฌ๐๐ญ ๐๐ข๐ณ๐, ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐, ๐๐ฅ๐๐ญ๐๐จ๐ซ๐ฆ, ๐๐ง๐ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ:
5G in Defense, Core Network Technology Outlook (Revenue - USD Billion, 2019 - 2032)
โข Fog Computing
โข Network Functions Virtualization (NFV)
โข Software-defined Networking (SDN)
โข Multi-user Edge Computing (MEC)
5G in Defense, Chipset Size Outlook (Revenue - USD Billion, 2019 - 2032)
โข Radio Frequency Integrated Circuit (RFIC) Chipset
โข Application-specific Integrated Circuit (ASIC) Chipset
โข Millimeter Wave (MMwave) Chipset
5G in Defense, Communication Infrastructure Outlook (Revenue - USD Billion, 2019 - 2032)
โข Macrocell
โข Small Cell
5G in Defence, Platform Outlook (Revenue - USD Billion, 2019 - 2032)
โข Naval
โข Airborne
โข Land
5G in Defence, Services Outlook (Revenue - USD Billion, 2019 - 2032)
โข Ultra-reliable Low-latency Communications (URLLC)
โข Massive Machine Type Communications (MMTC)
โข Enhanced Mobile Broadband (eMBB)
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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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