5G in Defense Market

5G in Defense Market Size, Share, Growth Analysis, By Communication Infrastructure(Small Cell, Macro Cell) - Industry Forecast 2024-2031


Report ID: UCMIG50C2005 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

5G in Defense Market Insights

Market Overview:

The growth of the small cell segment is attributed to the widespread deployment of small cells by 5G network operators. As the 5G network rolls out further, it is expected that data connection speeds will increase significantly. As small cells can help facilitate 5G deployment, they are expected to play a crucial role in the 5G communications infrastructure market. Additionally, various technological advancements such as the integration of the Internet of Things (IoT) that enables communication between multiple sensors and connected devices and facilitates high-speed data connectivity are driving the growth of the market. 5G services are rapidly being adopted in augmented reality (AR) for efficient maintenance of equipment, vehicles and equipment for military personnel training, which has a positive impact on the market growth.The widespread adoption of autonomous defense vehicles and robots in the defense sector is one of the key factors that are primarily driving the growth of the market. In addition, the increasing deployment of 5G in radars to detect and track multiple targets and the increasing number of cross-border and territorial conflicts are conducive to the growth of the market.

5G in Defense Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Wireless Telecommunication Services by segment aggregation, the contribution of the Wireless Telecommunication Services in Telecommunication Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The global market for 5G in Defense was estimated to be valued at US$ XX Mn in 2021.

The global 5G in Defense Market is estimated to grow at a CAGR of XX% by 2028.

The global 5G in Defense Market is segmented on the basis of Communication Infrastructure.

Based on region, the global 5G in Defense Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global 5G in Defense Market are Telefonaktiebolaget LM Ericsson, Huawei Investment & Holding Co., Ltd, Nokia Corporation, Samsung Electronics Co., Ltd, NEC Corporation, Thales Group, L3Harris Technologies, Inc., Raytheon Technologies Corporation, Ligado Networks, Wind River Systems, Inc..

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5G in Defense Market

Product ID: UCMIG50C2005

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