The latest research study “5G in Defense Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global 5G in defense market reached a value of US$ 765.2 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8,952.30 Million by 2027 exhibiting a CAGR of 48.50% during 2022-2027.
Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Industry Definition and Application:
5G represents the fifth-generation mobile network technology that carries wireless communications and connects machines, objects, devices, etc. It includes several networks, such as massive machine type communication (MMTC), enhanced mobile broadband (eMBB), ultra-reliable low-latency communications (URLLC), etc. Furthermore, 5G offers ultra-low latency, uniform user experience, high-speed data, increased reliability, etc. Consequently, it finds wide-ranging applications across the defense sector to improve and process intelligence, surveillance and reconnaissance (ISR) systems, streamline logistics systems, enable new methods of command and control (C2), etc.
Global 5G in Defense Market Trends and Drivers:
The growing adoption of autonomous vehicles and robots is primarily driving the 5G in defense market. Additionally, the rising utilization of this technology to provide enemy infantry operation information at inconvenient, dangerous, and remote areas is further catalyzing the market growth. Besides this, the escalating demand for 5G services in the defense industry to ensure quick response time, faster transmission of videos and images, real-time battlefield results, etc., is acting as another significant growth-inducing factor. Moreover, the inflating need for extensive wireless broadband connections is also positively influencing the global market. Apart from this, numerous technological advancements, such as the introduction of the Internet of Things (IoT)-based solutions that enable the communication between multiple sensors and connected devices, facilitate high-speed data connectivity, offer enhanced network capacity, etc., are anticipated to fuel the 5G in defense market over the forecasted period.
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5G in Defense Market Report Scope |
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Report Coverage |
Details |
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Market size value in 2021 |
US$ 765.2 Million |
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Market forecast in 2027 |
US$ 8,952.30 Million |
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Growth Rate |
CAGR of 48.50% from 2022 to 2027 |
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Base year for estimation |
2021 |
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Historical data |
2016-2021 |
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Forecast period |
2022-2027 |
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Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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Segments covered |
Communication Infrastructure, Core Network Technology, Network Type, Chipset, Platform and Region |
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Regional scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa |
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Key companies profiled |
Cisco Systems Inc., L3harris Technologies Inc., Ligado Networks, Nokia Corporation, Nvidia Corporation, Qualcomm Incorporated, Raytheon Technologies Corporation, Samsung Electronics Co. Ltd, Sierra Wireless Inc, Telefonaktiebolaget LM Ericsson, Thales Group and Wind River Systems Inc. (Intel Corporation). |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Communication Infrastructure:
- Small Cell
- Macro Cell
- Radio Access Network (RAN)
Breakup by Core Network Technology:
- Software-Defined Networking (SDN)
- Fog Computing (FC)
- Mobile Edge Computing (MEC)
- Network Functions Virtualization (NFV)
Breakup by Network Type:
- Enhanced Mobile Broadband (EMBB)
- Ultra-Reliable Low-Latency Communications (URLLC)
- Massive Machine Type Communications (MMTC)
Breakup by Chipset:
- Application-Specific Integrated Circuit (ASIC) Chipset
- Radio Frequency Integrated Circuit (RFIC) Chipset
- Millimeter Wave (mmWave) Chipset
Breakup by Platform:
- Land
- Naval
- Airborne
By Geography:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
List of Major Key Players:
The major players in the market are Cisco Systems Inc., L3harris Technologies Inc., Ligado Networks, Nokia Corporation, Nvidia Corporation, Qualcomm Incorporated, Raytheon Technologies Corporation, Samsung Electronics Co. Ltd, Sierra Wireless Inc, Telefonaktiebolaget LM Ericsson, Thales Group and Wind River Systems Inc. (Intel Corporation).
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