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.

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.

The Global 5G In Defense Market report comprises of vital details of the 5G In Defense business sphere that aims to offer the reader a comprehensive understanding of the 5G In Defense market and identify optimum growth prospects to gain a competitive edge over other competitors.

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Emergen Research has segmented the global 5G in defense market on the basis of communication infrastructure, core network technology, chipset size, services, platform, and region:

• 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
• Services Outlook (Revenue, USD Billion; 2018–2028)
  • Enhanced Mobile Broadband (eMBB)
  • Ultra-reliable Low-latency Communications (URLLC)
  • Massive Machine Type Communications (MMTC)

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Elements analyzed in the report:

The Global 5G In Defense Market report offers an elaborate analysis of the different elements of the industry, such as product development and technological advancements, product types, applications, and major expansion strategies undertaken by prominent companies.

Some major companies in the global market report include Raytheon Technologies Corporation, L3harris Technologies, Inc., Telefonaktiebolaget LM Ericsson., Thales Group, NEC Corporation, Qualcomm Technologies, , Huawei Technologies Co. Ltd, Cisco Systems, Inc., AeroMobile Communications Ltd., and NVIDIA Corporation.

Regional Analysis of the 5G In Defense Market includes:

• 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)

North America is expected to register a larger revenue growth rate in the 5G in defense market over the forecast period than other regional markets due to robust presence of international and domestic 5G network providers such as Raytheon Technologies, Qualcomm Technologies., AeroMobile Communications Ltd.., NVIDIA Corporation., and Cisco Systems, Inc., among others in countries in the region.

Some Key Highlights From the Report

• Small cell segment revenue is expected to expand at a substantially rapid CAGR during the forecast period due to significantly lower cost than macrocell and transmission of higher frequency waves.
• Ultra-reliable Low-latency Communications (URLLC) segment is expected to register a significantly robust revenue growth rate over the forecast period due to low latency and high speed, which would facilitate better connectivity and faster decision making.

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