5G in defense market size reached USD 9.31 billion in 2020 and is expected to register a revenue CAGR of 68.4% during the forecast period, according to latest analysis by Emergen Research. Increasing implementation of Internet of Things (IoT) in military is expected to support market revenue growth during 2021-2028. Besides, increasing dependency on big data for decision making will boost market growth. Large volume real-time data capture using sensors installed on various platforms are processed and analyzed using sophisticated machine learning and Artificial Intelligence. 5G network slicing would enable creation of end-to-end virtual network as per the requirements of the application, which would enable operators to allocate required amount of resources as per network slice, thereby helping in more effective utilization of resources and significant reduction in operational expenditure. These are some major factors driving growth of global 5G in defense market revenue currently.

As per the latest report published by Reports and Data, the global market development is majorly supported by a considerable rise in the demand for products and services offered by this industry. A detailed synopsis of the 5G In Defense market valuation, revenue estimation, and market statistics is a key component of the report.  Hence, the report aims to help readers gain viable insights into the competitive spectrum of the 5G In Defense market. It further draws attention to the vital business expansion strategies adopted by the leading market contenders to reinforce their global market positions.

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Key companies operating in the 5G In Defense market include:

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

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global 5G In Defense market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8-year analysis of the Global 5G In Defense Market
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

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5G In Defense Market Segmentation:

• Communication Infrastructure Outlook (Revenue, USD Billion; 2018–2028)

  • Small Cell
    1. Picocells
    2. Femtocells
  • Macrocell

• Core Network Technology Outlook (Revenue, USD Billion; 2018–2028)

  • Software-defined Networking (SDN)
  • Multi-user Edge Computing (MEC)
  • Network Functions Virtualization (NFV)
  • Fog Computing

• Chipset Size Outlook (Revenue, USD Billion; 2018–2028)

  • Application-specific Integrated Circuit (ASIC) Chipset
  • Radio Frequency Integrated Circuit (RFIC) Chipset
  • Millimeter Wave (MMwave) Chipset

5G In Defense Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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