The global 5G in Defense Market size is projected to reach a CAGR of 9.29% from 2021-2028.
5G or 5th generation mobile network has the capability to connect practically everyone and everything together comprising objects, devices, and machines. The deployment of 5G technology is gradually increasing across the globe. 5G will considerably increase the speed of data transfer and improve bandwidth over 4th generation or 4G technology, in turn supporting new military and commercial uses. The use of impressively fast 5G networks for the defense and security purposes could advance intelligence, surveillance, and reconnaissance (ISR) systems and processing; modernize logistics operations for improved efficiency, and develop new methods of command and control (C2); among others. Military equipment and technology companies will make use of 5G software and hardware for present and future systems, benefiting from valuable properties as quick response times and wide bandwidths that will soon make extremely fast transmission and reception of images demonstrating real-time battlefield scenarios possible.
Factors such as Higher network speed and lower latency in 5G, and growing adoption of autonomous and connected devices, supplements growth of the global 5G in Defense Market. The factor that can hamper the growth of market is the shortage of skilled manpower, this is an issue faced by defense firms. As 5G technology in the military is still in its early stage of lifecycle, the workforce possessing in-depth knowledge of this technology is limited. Thus, the impact of this restraining factor is likely to continue during the initial years of the forecast period.
The COVID-19 outbreak led to adverse economic situations across the world and especially impacted the deployment of high investment technologies such as the 5G in defense. The development and testing of 5G technologies for the defense sector were put on hold owing to adverse economic conditions and disruption in the supply chain of key components. The pandemic moderately impacted the communication systems providers and operators owing to delay in spectrum auctions, lag in regulatory timelines, limited workforce for the network roll-out, lowered capital expenditure, operating expenditure, and decline in technological developments. However, some countries such as the U.S. and China invested significantly in the deployment of 5G technology in the defense sector. With the initiation of vaccination across the globe and the resumption in efforts regarding the launch of 5G technologies across the globe, the 5G in defense market is expected to witness an increased demand soon.
In terms of region, the global 5G in defense market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to witness highest growth in the 5G in defense market throughout the forecast period due to the rise in investment by the US Department of Defense in 5G technology. Moreover, the growing use of connected systems through IoT, rising demand for low-latency communication technology, and the allocation of a wide frequency band to the US military has opened new opportunities for developers to develop 5G components and enhance the efficiency of the 5G system.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Growth Rate |
CAGR of 9.29% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
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Report Segmentation |
communication infrastructure, core network technology, platform, end user, network type, chipset, operational frequency, installation and region. |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Telefonaktiebolaget LM Ericsson, Huawei Investment & Holding Co., Ltd, Nokia Corporation, Samsung Electronics Co., Ltd, NEC Corporation, Thales Group, L3Harris Technologies, Inc., Raytheon Technologies Corporation, Ligado Networks, and Wind River Systems, Inc. |
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Available Customization |
In addition to the market data for 5G in Defense Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
5G in Defense Market is segmented into various segments such as communication infrastructure, core network technology, platform, end user, network type, chipset, operational frequency, installation and region.
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