Research Expert: Sarah Overall
  • Published: Oct 2024
  • Pages: 150
  • SKU: IRTNTR74649

  • Latest News: 5G in Defense Market 2024-2028 - North America Driving Market Growth

    5G In Defense Market to grow at a CAGR of 46.1% during 2024-2028

    The 5G In Defense Market is expected to grow at a CAGR of 46.1% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 4 billion. The defense sector is witnessing a significant surge in research and development activities, particularly in the integration of advanced communications technologies such as 5G. Viasat Inc., a leading global communications company, is collaborating with the US Department of Defense (DoD) to support the development of cutting-edge communications systems and concepts of operations (CONOPs) for military personnel. In a notable development, Ligado Networks was recently awarded a contract by the DoD's Information Warfare Research Project (IWRP) to investigate the utilization of 5G for Expeditionary Advanced Base Operations (EABO) communications. This research encompasses network enhancements, command and control (C2), and advanced processing capabilities, including digital twins and software-defined networking (SDN). 

    Get more information on 5G In Defense Market by requesting a sample report

    The Small cell subsegment is expected to dominate the Communication Technology segment during the forecast period 

    Technavio analysts predict that the Small cell subsegment will lead the Communication Technology segment during 2024 and 2028 In the dynamic business landscape, 5G technology is poised to revolutionize the defense sector with its high-speed, low-latency, and secure connectivity. The 5G defense market represents a significant growth opportunity, as military organizations seek to modernize their communication systems and enhance operational efficiency. This technology will enable advanced applications such as real-time data processing, autonomous systems, and remote surveillance, thereby enhancing situational awareness and mission success.

    Here are the various ways based on which the market is segmented: 

    • Communication Technology
      • Small cell
      • Macro cell
    • Geography
      • North America
      • APAC
      • Europe
      • South America
      • Middle East and Africa

    Reasons to Purchase the Global 5G In Defense Market Market Research Report by Technavio. What is in it for you?

    • Wealth of Experience: Technavio is an established name in the world of market research. It holds an expertise of more than 20 years in the field, has published 21,000+ reports thereby extensively covering the area in various industries and range of regions
    • Insight into Current Market Trends: Our research reports provide our readers insights into the latest market intelligence, competitor strategies, market trends, changes taking place in the industry and customer preferences, forecasted market opportunities that influence them to make better business decisions
    • High ROI with Extensive Hands-on Research: Technavio is renowned for offering personalized market research reports as per unique business needs, delving deep into specific markets, product segments and demographics. Additionally, it is also well-known for providing high return on investments through its wide collection of data at pocket-friendly rates

    There are several factors that are causing the market to flourish emergence of iot

    Learn which are the obstacles that the market is experiencing in the way of its growth by accessing the free PDF report

    Research Analysis Overview

    The 5G In Defense market is experiencing significant growth due to the ultra-low latency and high-speed data transmission capabilities of 5G technology. This is particularly important for defense applications such as UAV operations, military aircraft, and airborne ISR systems. With 5G Open RAN, military organizations can deploy automated process technology for tactical reconnaissance and real-time data processing. This is crucial for unmanned aerial vehicles (UAVs) and autonomous systems used for surveillance and situational awareness. Military equipment, including command and control systems and logistics operations, can benefit from 5G's network infrastructure. Software-defined networking and Network Functions Virtualization enable secure and efficient communication between various military systems. The high-speed data transmission and real-time processing capabilities of 5G also make it an ideal solution for cyberattack defense and IoT applications. Moreover, 5G's beamforming technology and smart cell communication enhance the capabilities of military operations, enabling seamless communication between various platforms. The integration of 5G technology with military aircraft, UAVs, and autonomous vehicles can revolutionize the way military operations are conducted, providing a competitive edge in the field. Public safety and emergency response teams can also benefit from 5G's real-time data processing capabilities for effective situational awareness and quick response to incidents.

    Market Research Overview

    According to Technavio, the 5G in Defense market falls under the broader category of the global Technology Hardware, Storage, and Peripherals market within the Information Technology sector. This market encompasses manufacturers of various technology hardware, including cellular phones, personal computers, servers, electronic components, data storage components, motherboards, audio and video cards, monitors, keyboards, printers, and other peripherals. The market size is determined by the revenue generated from the sales of these hardware devices, equipment, and components. Key growth drivers for the Technology Hardware, Storage, and Peripherals market include the escalating demand for data centers due to the increasing adoption of work-from-home technologies and the growing need for advanced technology infrastructure in defense applications.

    The 5G In Defense Market is experiencing significant growth, fueled by the emergence of iot. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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    Technavio Research
    Jesse Maida
    Media & Marketing Executive
    US: +1 844 364 1100
    UK: +44 203 893 3200
    Email: media@technavio.com
    Website: www.technavio.com/

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