Technology Trends Currently Prevailing In the 5g In Defense Market 2020 To 2025

The report on the 5G in the defense Market provides a detailed trend analysis from 2019 to 2025. It discusses industry and technology trends currently prevailing in the market, along with drivers, restraints, challenges, and opportunities that influence the growth of the market.

The global 5G in defense market size is projected to grow from USD 64  million in 2020 to USD 1,318 million by 2025, at a CAGR of 57.9% from 2021 to 2025. Factors such as the are the Higher network speed, and lower latency in 5G, and the growing adoption of autonomous and connected devices are driving factors assisting the growth of 5G in the defense market.

Based on communication infrastructure, the small cell segment is expected to be the largest market by value. Currently, 5G network operators are facing challenges with regard to growth in the levels of data traffic and signaling on communication networks, rise in user expectations of service quality, need to support a variety of data traffic (including data, audio, and video) with high speed and reliability, and the need for improved capacity and coverage to target new revenue opportunities. To address these challenges, operators and service providers are developing and deploying small cells on a large scale and at a faster pace.

Request For Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=64142222

Based on core network technology, the NFV segment is projected to be the highest CAGR rate for the 5G in defense market during the forecast period. In the 5G networks space, NFV will play a significant role in terms of providing network operators the flexibility to expand their network functions as well as ensuring effective and efficient operation of the network. Furthermore, NFV will enable network slicing and distributed cloud, which would supplement it to create flexible and programmable networks, this would allow the organization to deceive attackers with fake topology information and not reveal the actual network topology.

Based on platform, the airborne segment is projected to have the highest CAGR rate for the 5G in the defense market during the forecast period. This high growth is attributed to 5G technology’s ability to deliver low-latency and high-performing drone applications such as emergency supply delivery, search and rescue missions.

Based on the region, North America is projected to be the largest regional share for the 5G in the defense market during the forecast period. North America is estimated to lead the 5G in the defense market during the forecast period owing to increased investments by the US Department of Defense in 5G technology.

The US is projected to be the largest developer and operator of 5G technology globally, resulting in a large share of the North American region in the global market. 5G technology in defense helps improve the processing and functioning of ISR (intelligence, surveillance & reconnaissance) systems, enables new command and control systems, enhances augmented and virtual reality applications, modernizes maintenance processes, and improves efficiency in logistics supply using technologies such as blockchain. With the increasing use of connected systems through IoT, a need for low-latency communication technology has risen. The allocation of a wide frequency band to the US military has opened new opportunities for system designers to develop 5G enabled components and enhance the operational efficiency of all related systems.

The 5G in defense market is dominated by a few globally established players such as Ericsson (Sweden), Huawei (China), Nokia Networks (Finland), Samsung (South Korea), NEC (Japan), Thales Group (France), L3Harris Technologies, Inc. (US), Raytheon Technologies (US), Ligado Networks (US), and Wind River Systems, Inc. (US).

Huawei offers small cell outdoor and indoor networking solutions, which provide high integration, fast mobile broadband network construction, and diverse enterprise services. In November 2018, Huawei offered small cell outdoor and indoor networking solutions, such as AtomCell, LampSite, and Pico, which provide high integration, fast mobile broadband network construction, and diverse enterprise services. Moreover, in February 2018, the company signed an agreement with Telecom Italia to improve indoor coverage and expand network capacity based on the 5G-ready small cell network across Italy. Huawei’s solution supports operators’ transition to 5G while it also pursues the leading advantages in the indoor coverage with maximized investment efficiency.

Request For Custom Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=64142222

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Comments

Popular posts from this blog

Aircraft Fairings Market Overview, Industry Trends, Competitive Landscape, Regional Analysis, & Future Growth Scope

Drone Services Market worth $40.7 billion by 2026 | Top Companies, SWOT Analysis, Segments & Region

Aircraft Heat Exchanger Market Insights, Analysis Report On Basis of Application, Service, Location & Scope