Global 5G In Defense Market Size, Forecasts, And Opportunities
Learn about the global 5G in defense market through The Business Research Company, which provides information on 5G in defense market size, 5G in defense market drivers and restraints, 5G in defense market players, the COVID-19 impact on the 5G in defense market, and more.
The global 5G in defense market is expected to grow from $39.62 million in 2020 to $71.24 million in 2021 at a compound annual growth rate (CAGR) of 79.82%. The growth is mainly due to the high speed, low latency offered by 5G and growing adoption of autonomous and connected defense devices. The 5G in defense market is expected to reach $646.61 million in 2025 at a CAGR of 73.57%.
The increasing use of autonomous systems and connected devices is expected to drive innovation in 5G in defense, thus driving the market during the forecast period.
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The 5G in defense market consists of sales of 5G technology and services by entities (organizations, sole traders, and partnerships) that are engaged in providing 5G technology and services for military and homeland security uses. 5G for defense is expected to improve reconnaissance, intelligence, and surveillance systems and processing, streamline logistics systems for increased efficiency and enable new methods of control and command. 5G in defense is used to transfer video, text, image, and voice data with faster bandwidth of 300 GHz to create data on demand for the battlefield.
Global 5G in defense market segments include:
By Communication Infrastructure: Small Cell, Macro Cell, Radio Access Network (RAN)
By Core Network Technology: Software-defined Networking (SDN), Fog Computing (FC), Mobile Edge Computing (MEC), Network Functions Virtualization (NFV)
By Network Type: Enhanced Mobile Broadband (eMBB), Ultra-Reliable Low-Latency Communications (URLLC), Massive Machine Type Communications (MMTC)
By End-Use: Military, Homeland Security
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the 5G in defense market in 2020.
Major players operating in the industry are undertaking strategic collaborations for developing new technologies for the defense sector. Companies are focusing on developing technologies like 5G new radio (NR) and cellular vehicle-to-everything (C-V2X) technology, which has high demand in the 5G in defense market.
TBRC’s 5G in defense market report covers:
Major Market Players: Ericsson, Huawei, Nokia Networks, Samsung, NEC, Thales Group, L3Harris Technologies Inc., Raytheon Technologies, Ligado Networks, Wind River Systems Inc., AT&T, and Qualcomm Technologies Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The 5G In Defense Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides 5G in defense market overviews, analyzes and forecasts market size, share, 5G in defense market players, 5G in defense market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s 5G in defense market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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