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 study further offers a comprehensive assessment of the revenue generated by the various segments across different regions for the forecast period, 2022 to 2030. To help business owners gain a thorough understanding of the current momentum the research taps hard to find data on aspects including but not limited to demand and supply, distribution channel and technology upgrades. Most importantly, evaluation of stringent rules and regulations and government initiatives shaping the progress of the 5G In Defense industry offers an understanding of what is in store for the business owners in the years to come.
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The leading market contenders listed in the report 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
Key reasons to buy the Global 5G In Defense Market report:
- The latest report comprehensively studies the global 5G In Defense market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the 5G In Defense Market
Communication Infrastructure Outlook (Revenue, USD Billion; 2018–2028)
- Small Cell
- Picocells
- Femtocells
- Macrocell
- Small Cell
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
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Regional Outlook of the 5G In Defense Market
The global 5G In Defense market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global 5G In Defense market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global 5G In Defense Market report:
- The latest report comprehensively studies the global 5G In Defense market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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