5G in defense market size reached USD 9.31 billion in 2020 and is expected to register a revenue CAGR of 68.4% during the forecast period, according to latest analysis by Emergen Research. Increasing implementation of Internet of Things (IoT) in military is expected to support market revenue growth during 2021-2028. Besides, increasing dependency on big data for decision making will boost market growth. Large volume real-time data capture using sensors installed on various platforms are processed and analyzed using sophisticated machine learning and Artificial Intelligence. 5G network slicing would enable creation of end-to-end virtual network as per the requirements of the application, which would enable operators to allocate required amount of resources as per network slice, thereby helping in more effective utilization of resources and significant reduction in operational expenditure. These are some major factors driving growth of global 5G in defense market revenue currently.

The market has been substantially affected by the pandemic, and changes can be seen in the market dynamics and demand trends. Therefore, the report broadly assesses the comprehensive impact of the pandemic on the overall growth of the 5G In Defense market, besides offering a future COVID-19 impact assessment. Furthermore, the report points out the effective business approaches undertaken by the market players to enhance their product portfolios and prosper considerably.

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 Key Players operating in the industry are:

Raytheon Technologies Corporation, L3harris Technologies, Inc., Telefonaktiebolaget LM Ericsson., Thales Group, NEC Corporation, Qualcomm Technologies, Inc., Huawei Technologies Co. Ltd, Cisco Systems, Inc., AeroMobile Communications Ltd., and NVIDIA Corporation

Radical Features of the 5G In Defense Market Report:

• An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
• The report encompasses 5G In Defense market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
• Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
• Supply chain analysis along with technological advancements offered in the report
• The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the 5G In Defense industry

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Segmentation:

• Communication Infrastructure Outlook (Revenue, USD Billion; 2018–2028)

  • Small Cell
    1. Picocells
    2. Femtocells
  • Macrocell

• Core Network Technology Outlook (Revenue, USD Billion; 2018–2028)

  • Software-defined Networking (SDN)
  • Multi-user Edge Computing (MEC)
  • Network Functions Virtualization (NFV)
  • Fog Computing

• Chipset Size Outlook (Revenue, USD Billion; 2018–2028)

  • Application-specific Integrated Circuit (ASIC) Chipset
  • Radio Frequency Integrated Circuit (RFIC) Chipset
  • Millimeter Wave (MMwave) Chipset

Regional Analysis Covers:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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