The global 5G in defense market is anticipated to grow at a significant CAGR of 28.7% during the forecast period. 5G is a wireless network standard that offers improved network speed, lower latency, and greater capacity compared to 4G LTE networks. Using 5G in the military could improve intelligence, surveillance, and reconnaissance (ISR) systems and processing. Additionally, the high speed of 5G provides applications related to autonomous vehicles augmented and virtual reality, and others. Thus, the major factor driving the growth of the global 5G in defense market during the forecast is the increasing adoption of autonomous and connected devices. Autonomous vehicles, drones, and robots are used in the defense industry and employ telecommunication technology such as the 5G network for providing services in real-time at dangerous, inconvenient, and impossible areas of operation namely remote surveillance for enemy infantry to defense agencies.
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Additionally, the growing investments by several governments globally is another factor boosting the growth of the market. For instance, in January 2021, Europe launched a defense research and development program worth $8.52 billion for financing defense R&D projects.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global 5G In Defense Market Market by Communication Infrastructure
- Small cell
- Macro cell
Global 5G In Defense Market by Core Network Technology
- Software-Defined Networking (SDN)
- Fog Computing (FC)
- Mobile Edge Computing (MEC)
- Network Functions Virtualization (NFV)
Global 5G In Defense Market Market by Platform
- Land
- Naval
- Airborne
Global 5G In Defense Market Market by End User
- Military
- Homeland Security
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Cisco Systems, Inc.
- Deutsche Telekom AG
- Gogo, Inc.
- INTELSAT S.A
- Intel Corp.
- Ligado Networks
- NEC Corp.
- NOKIA OYJ
- ORANGE SA
- Qualcomm, Inc.
- Raytheon Technologies Corp.
- Verizon Communications, Inc.
- Wind River Systems
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global 5G in defense market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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