The 5G in Defense Market size was valued at US$ 690.06 Mn. in 2023. The global 5G in Defense Market is estimated to grow at a CAGR of 59 % over the forecast period
The 5G mobile network, or fifth-generation mobile network, has the ability to connect almost everyone and everything, including objects, devices, and machines. The use of 5G technology is accelerating across the globe. Over 4th generation or 4G technology, 5G will significantly boost data transfer speed and bandwidth, allowing for new military and commercial applications. For defense and security objectives, the deployment of incredibly fast 5G networks might expand intelligence, surveillance, and reconnaissance (ISR) systems and processing, update logistics operations for increased efficiency, and develop new command and control methods, among other things. 5G software and hardware will be used by military equipment and technology companies for current and future systems, benefiting from valuable properties such as quick response times and wide bandwidths, which will soon allow for extremely fast transmission and reception of images demonstrating real-time battlefield scenarios. The 5G in Defense Market provides you PESTLE analysis, PORTER analysis, segment analysis, competitive analysis, and the market drivers & restraint along with the COVID-19 impact.
5G in Defense Market Report Scope and Research Methodology
In a square kilometer of coverage, 5G technology can accommodate up to one million devices. This implies that a 5G network can connect various devices, such as sensors, to each other. Data is exchanged across a network by all autonomous systems or platforms. This information is analyzed and sent to the systems over the network, which is then used by the autonomous systems to take action. Such systems will perform more efficiently with a network that has a higher speed and low latency. For example, as compared to present communication systems, communication between an unmanned aerial vehicle and its controller on a 5G network will be quick and efficient. With a secure 5G network, autonomous platforms such as armored vehicles and unmanned ground vehicles can operate efficiently. These all feature after adapting the 5G are resposible in the growth for 5G in defense market.
To access more details regarding this research, visit the following webpage@https://www.stellarmr.com/report/req_sample/5G-in-Defense-Market/422
5G in Defense Market Regional Insights
The North American region has dominated the market with a 34 % share in 2023. The growth of the North American region is primarily due to an increase in government funding for 5G network experimentation and testing. Additionally, rising demand for high-speed, secure military communications links is likely to enhance the 5G in defense market’s revenue growth in this region.
5G in Defense Market Segmentation
By Communication Infrastructure, the 5G in Defense Market is segmented into Small Cell, Macro Cell, and Radio Access Network (RAN). The Small Cell segment dominated the market with a 46% share in 2023. The growth of the small cell segment is attributed to 5G network operators’ large-scale deployment of small cells. The data communication speed is expected to considerably grow as the 5G network is further deployed. Small cells are expected to play a key role in the market for 5G communication infrastructure since they can aid with 5G deployment.
5G in Defense Market Key Players
Ericsson (Sweden)
Huawei (China)
Nokia Networks (Finland)
Samsung (South Korea)
NEC (Japan)
Thales Group (France)
L3Harris Technologies, Inc. (US)
Raytheon Technologies (US)
Ligado Networks (US)
Wind River Systems, Inc. (US)
For in-depth information on this study, visit the following link@https://www.stellarmr.com/report/5G-in-Defense-Market/422
Key questions answered in the 5G in Defense Market are:
- What is 5G in Defense ?
- What was the 5G in Defense market size in 2023?
- What is the growth rate of the 5G in Defense Market?
- Which are the factors expected to drive the 5G in Defense market growth?
- What are the different segments of the 5G in Defense Market?
- What growth strategies are the players considering to increase their presence in 5G in Defense ?
- What are the upcoming industry applications and trends for the 5G in Defense Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the 5G in Defense Market?
- What segments are covered in the 5G in Defense Market?
- Who are the leading companies and what are their portfolios in 5G in Defense Market?
- What segments are covered in the 5G in Defense Market?
- Who are the key players in the 5G in Defense market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
