5G in Defense Market: Share, Growth By Top Company, Region, Applications, Drivers, Trends and Forecast: 2022-2031

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Shibuya-ku, Tokyo, Japan, Japan, Mar 10, 2022, 06:03 /Comserve / -- Global 5G in Defense Market is valued approximately USD 40.53 million in 2022 and is anticipated to grow with a healthy growth rate of more than 57.50 % over the forecast period 2022-2031.

' Market Overview
Global 5G in Defense Market is valued approximately USD 40.53 million in 2019 and is anticipated to grow with a healthy growth rate of more than 57.50 % over the forecast period 2020-2027.
The 5G technology
offers advanced communications and networking along with improved data rates, potential energy
savings and lower latency over 4G. The integration of 5G in the defense sector offers these benefits at lower costs providing fast communication between defense equipment such as tanks, fighter jets and others driving the market
growth. Thus, the rapid investment
s in the military owing to swelling expenditure drives the market
growth. As per the Stockholm International Peace research institute (SPIRI) United States increased their defense spending by 5.3% reaching a total of USD 732 billion in 2019 as compared to their spending in 2018. Accounting for 38% of the global defense spending. Also, increasing government
focus towards modernization of the defense systems augments the market
growth. As in October 2020, the Department of Defense, US, announced to award of USD 600 million in contracts to 15 prime contractors to perform testing and evaluation of 5G technologies at 5 military bases across the US. This modernization has resulted in increased procurement of autonomous and connected devices and vehicles
in the military which necessitate the use of 5G for efficient operations. However, lack of standards and protocols for use of 5G impedes the growth of the market
over the forecast period of 2020-2027. Although, growth in IoT and ML presents a lucrative opportunity for the market

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The regional analysis of global 5G in Defense market
is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market
share owing to the early adoption of technology
and well established infrastructure. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rapidly increasing penetration of IoT would create lucrative growth prospects for the 5G in Defense market
across Asia-Pacific region.

Major market
player included in this report are:

Nokia Network
Thales Group
L3Harris Technologies Inc
Raytheon Technologies
Ligado Network
Wind River Systems, Inc.

The objective of the study is to define market
sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry
within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market
. Additionally, the report shall also incorporate available opportunities in micro market
s for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market
are explained below:
By Communication Infrastructure:
Small cell
Macro Cell
Access Network
By Core network technology
Software-Defined Network
ing (SDN)
Fog Computing (FC)
Mobile Edge Computing (MEC)
Functions Virtualization (NFV)
By Platform:
By End user:
Homeland security

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

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Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global 5G in Defense Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Table of Content
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. 5G in Defense Market, by Region, 2018-2027 (USD Million)
1.2.2. 5G in Defense Market, by Communication Infrastructure, 2018-2027 (USD Million)
1.2.3. 5G in Defense Market, by Core Network
, 2018-2027 (USD Million)
1.2.4. 5G in Defense Market, by Platform, 2018-2027 (USD Million)
1.2.5. 5G in Defense Market, by End User, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global 5G in Defense Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global 5G in Defense Market Dynamics
3.1. 5G in Defense Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global 5G in Defense Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global 5G in Defense Market, by Communication Infrastructure
5.1. Market Snapshot
5.2. Global 5G in Defense Market by Communication Infrastructure, Performance - Potential Analysis
5.3. Global 5G in Defense Market Estimates & Forecasts by Communication Infrastructure 2017-2027 (USD Million)
5.4. 5G in Defense Market, Sub Segment Analysis
5.4.1. Small cell
5.4.2. Macro Cell
5.4.3. Radio
Access Network
Chapter 6. Global 5G in Defense Market, by Core Network

6.1. Market Snapshot
6.2. Global 5G in Defense Market by Core Network
, Performance - Potential Analysis
6.3. Global 5G in Defense Market Estimates & Forecasts by Core Network
2017-2027 (USD Million)
6.4. 5G in Defense Market, Sub Segment Analysis
6.4.1. Software-Defined Network
ing (SDN)
6.4.2. Fog Computing (FC)
6.4.3. Mobile Edge Computing (MEC)
6.4.4. Network
Functions Virtualization (NFV)

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