5G In Defense Market Size, Share, Impressive Industry Growth, Analysis Report 2028
The global
5g in defense market is anticipated to grow at a considerable CAGR of 28.7%
during the forecast period. The major factor driving the growth of the global
5G In Defense market during the forecast period is the increasing investment
and adoption of 5G in defense industry globally. For instance, in January 2021,
the US announced the launch of a technology pilot program for the 5G Living Lab
at Marine Corps Air Station (MCAS) Miramar situated in San Diego.
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Furthermore,
owing to the technological advancements in the 5G network and funding from the
governments are other factors contributing to the growth of the 5G in the
defense market. 5G network offers several benefits such as super-speed,
increased bandwidth, and global coverage. According to the International
Journal of Engineering Science and Computing (IJESC), by use of 5G network
technology latency will be 1 millisecond, improving the feasibility to connect
10 to 100 numbers of devices, better battery life, and creating Wi-Fi zone
across the globe. These benefits support the defense department of the country,
which in turn propels the demand and deployment of 5G in the defense industry.
Additionally,
the major companies serving the global 5G in defense market include Ericsson,
Huawei Technologies Co., Ltd., L3Harris Technologies, Inc., Samsung Electronics
Co., Ltd., and Thales Group, among others. The market players are considerably
contributing to the market growth by the adoption of various strategies
including mergers and acquisitions, partnerships, geographical expansion, and
collaborations to stay competitive in the market. For instance, in July 2021,
GBL Systems Corp. (GBL) and Samsung Electronics America, Inc. announced the
deployment of new 5G testbeds for Augmented Reality/Virtual Reality at US Army
bases as a part of a larger DoD project that was announced in October 2020
which granted $600 million in contracts for 5G testing at several US military
test locations.
Market Coverage
• The market number available for –
2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Communication Infrastructure
o By Core Network Technology
o By Platform
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including
Ericsson, Huawei Technologies Co., Ltd., L3Harris Technologies, Inc., Samsung
Electronics Co., Ltd., Thales Group, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate
the market in the base year?
• Which segment and region will
project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19
forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing
challenges to sustain growth?
• Where is the investment
opportunity?
Global 5G in Defense market Report Segment
By Communication Infrastructure
·
Small cell
·
Macro Cell
By Core Network Technology
·
Software-Defined
Networking (SDN)
·
Fog Computing (FC)
·
Mobile Edge
Computing (MEC)
·
Network Functions
Virtualization (NFV)
By Platform
·
Land
·
Naval
·
Airborne
By End-User
·
Military
·
Homeland Security
A full report of 5G In Defense Market is
available at: https://www.omrglobal.com/industry-reports/5g-in-defense-market
5G In Defense Market– Segment by Region
North America
·
United States
·
Canada
Europe
·
Germany
·
United Kingdom
·
France
·
Spain
·
Italy
·
Rest of Europe
Asia-Pacific
·
China
·
Japan
·
India
·
Rest of
Asia-Pacific
Rest of the World
·
Middle East &
Africa
·
Latin America
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.
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