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.

 

Increase in implementation of Internet of Things in military and growing dependency on big data for decision making are some key factors driving market revenue growth                                                  

 

The insightful data and information in the report have been gathered from a wide range of primary and secondary sources. The extensive overview of the market is also inclusive of an in-depth summary of the competitive landscape of the market on both regional and global levels.

 

The report elaborates on various national and international business development prospects and explains the competitive landscape of the global 5G In Defense market

 

Request a sample copy of this report @ https://www.emergenresearch.com/request-sample/867

 

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.  

 

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.

 

Some Key Highlights From the Report.

  • In July 2021, Qualcomm Technologies, Inc., which is a global leader in 5G wireless communications, and Capgemini Services SAS announced their plan to collaborate in order to tap into the potential of 5G private networks to support their clients’ digital transformation. Capgemini shall look after systems integration by utilizing 5G Private network system of Qualcomm Technologies in order to enable clients’ business transformation and expand the benefits of 5G. This is expected to support clients with their enterprise systems, edge computing, cloud, and AI interface with management systems.
  • 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.

Key Players:

  • Raytheon Technologies Corporation
  • L3harris Technologies Inc.
  • Telefonaktiebolaget LM Ericsson.
  • Thales Group
  • NEC Corporation
  • Qualcomm Technologies

 

Get Detailed Analysis of this Research Report@ https://www.emergenresearch.com/industry-report/5g-in-defense-market

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:

  • 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)
  • Platform Outlook (Revenue, USD Billion; 2018–2028)
    • Land
    • Naval
    • Airborne

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/867

Thank you for reading our report. For further information regarding the report or to get a customized copy of it, please connect with us. We will make sure you receive a report perfectly tailored to your needs.

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.

Contact Us:                    

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756