5G in Defense Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

5G technology provides higher network speed and lower latency, thereby increasing the implementation of 5G in defense sector. An autonomous platform, such as unmanned ground vehicles and armored vehicles, can work efficiently on a 5G network. Also, the communication between an unmanned aerial vehicle and its controller will be efficient and quick on a 5G network as compared to a 4G or 3G network. The growing adoption of autonomous and connected devices in the military is the significant driving factor for the growth of the 5G in defense market.

MARKET DYNAMICS

The need to provide uninterrupted internet connectivity as an increasing number of systems, devices and a reduction in power consumption drives the growth of the 5G in defense market. However, security concerns, lack of standards, and protocols for the use of 5G may hamper the growth of the 5G in defense market. Further, continuous advancements and wide adoption of IoT (Internet of Things) transforming various industries by connecting several types of appliances, systems, devices, and services. To support these requirements of emerging IoT applications, such as mission-critical applications, border surveillance, massive machine-type communication, and others are expected to fuel the demand for 5G in defense market growth in the coming years.

MARKET SCOPE

The "Global 5G in Defense Market Analysis to 2031" is a specialized and in-depth study of the 5G in defense industry with a special focus on the global market trend analysis. The report aims to provide an overview 5G in defense market with detailed market segmentation as communication infrastructure, network type, chipset, core network technology, operational frequency, platform, and geography. The global 5G in defense market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading 5G in defense market players and offers key trends and opportunities in the 5G in defense market.

MARKET SEGMENTATION

The global 5G in defense market is segmented on the basis of communication infrastructure, network type, chipset, core network technology, operational frequency, platform. On the basis of communication infrastructure the market is segmented as small cell, macro cell, radio access network (RAN). On the basis of network type the market is segmented as enhanced mobile broadband (eMBB), ultra-reliable low-latency communications (URLLC), massive machine type communications (MMTC). On the basis of chipset the market is segmented as application-specific integrated circuit (ASIC) chipset, radio frequency integrated circuit (RFIC) chipset, millimeter wave (mmWave) chipset. On the basis of core network technology the market is segmented as software-defined networking (SDN), network functions virtualization (NFV), fog computing (FC), mobile edge computing (MEC). On the basis of operational frequency the market is segmented as low, medium, high. On the basis of platform the market is segmented as land, naval, airborne.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global 5G in defense market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The 5G in defense market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting 5G in defense market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the 5G in defense market in these regions.

MARKET PLAYERS

The reports cover key developments in the 5G in defense market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from 5G in defense market are anticipated to lucrative growth opportunities in the future with the rising demand for 5G in defense in the global market. Below mentioned is the list of few companies engaged in the 5G in defense market.

The report also includes the profiles of key 5G in defense companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Huawei Technologies Co., Ltd.
•   L3Harris Technologies, Inc.
•   NEC Corporation
•   Nokia Networks
•   Qualcomm Technologies, Inc.
•   Raytheon Technologies Corporation
•   Samsung
•   Telefonaktiebolaget LM Ericsson
•   Thales Group
•   Wind River Systems, Inc.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

5G in Defense Report Scope