Global 5G in Defense Market Forecast to 2030 - Covid-19 Impact Analysis (By Communication Infrastructure: Small Cell, Macro Cell, and Radio Access Network (RAN); By Core Network Technology: Software-Defined Networking (SDN), Fog Computing (FC); By Network Type: Enhanced Mobile Broadband (eMBB), Ultra-Reliable Low-Latency Communications (URLLC)) - Global Market Size, Industry Trends, Competitive Landscape, and Opportunities
The global market for 5G in defense accounted for US$ 98 Mn in 2021 and is anticipated to reach US$ 6,064 Mn by 2030 with a CAGR of 58.2% from 2022 to 2030.
5G, or fifth-generation wireless technology, is expected to make a huge splash in the defence sector. While public awareness of the 5G technology standard has grown in recent years, the US Department of Defense (DoD) has lagged behind commercial entities in adopting the standard, owing to both the DoD's slower purchase process and the difficult-to-keep-up-with rate of consumer-technology renewal. Among other things, 5G for the military might improve intelligence, surveillance, and reconnaissance (ISR) systems and processing, enable new command and control (C2) methods, and streamline logistics systems for increased efficiency. Congress may address spectrum management and national security policy, as well as consequences for US military activities, as 5G technologies are developed and deployed.
The fact that 5G is essentially a commercially created technology that is now on the verge of being adapted for military usage has allowed defense electronics firms to work together. This reality will be useful, as one of the driving drivers behind widespread 5G adoption in the military will be the set of network-management standards that will follow, rather than the waveform itself.
5G technology, according to the Department of Defense, is a real game changer for military forces, capable of turning the tide of war and giving our side an insurmountable advantage. It's similar to how the military invested extensively in radar technology in World War II. The Department of Defense believes 5G will be able to make such a difference in the future.
To that aim, they are executing their 5G Strategy Implementation Plan with vigour. Promoting 5G technology development, evaluating both the benefits and possible vulnerabilities of 5G, interacting with private-sector partners, and actively influencing industry as rules and standards are produced and implemented are all part of the strategy.
Communication infrastructure, core network technology, network type, chipset, platform, and region are the six categories of the global 5G in defense industry. Based on the communication infrastructure sector, the segmentation includes small cell, and radio access network (RAN). Based on our analysis, the small cell segment is expected to dominate the 5G in defense market during the predicted years.
The core network technology segment is divided into fog computing (FC), software-defined networking (SDN), network functions virtualization (NFV), and mobile edge computing (MEC). Based on core network technology model, the software-defined networking (SDN) segment achieved a significant market share in 2021. The network type segment is further categorized into enhanced mobile broadband (eMBB), massive machine type communications (MMTC), and ultra-reliable low-latency communications (URLLC). The enhanced mobile broadband (eMBB) segment is one of the significant segments in the network type market. Application-specific integrated circuit (ASIC) chipset, Radio frequency integrated circuit (RFIC) chipset, and millimeter wave (mmWave) chipset are covered under the chipset category. Furthermore, the platform segment is divided into land, naval, and airborne.
Global 5G in Defense Market Geographical Competition
North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa are the segmentation of the worldwide 5G in defense industry. North America has the greatest market share among all regions in 2021. The key drivers driving the expansion of 5G in the defense market include progressive technology adoption, strong government participation, and notable technological advancements. The growing utilization of connected systems through IoT has increased the demand for low-latency communication solutions. The US military's allotment of a large frequency band has created new chances for system designers to create 5G-enabled components and improve the operational efficiency of all related systems. However, the Asia-Pacific region is expected to attain the fastest growth rate in the coming years.
Global 5G in Defense Industry Segment Analysis
Market By Communication Infrastructure
· Macro Cell
· Small Cell
· Radio Access Network (RAN)
Market By Core Network Technology
· Software-Defined Networking (SDN)
· Mobile Edge Computing (MEC)
· Fog Computing (FC)
· Network Functions Virtualization (NFV)
Market By Network Type
· Ultra-Reliable Low-Latency Communications (URLLC)
· Enhanced Mobile Broadband (eMBB)
· Massive Machine Type Communications (MMTC)
Market By Chipset
· Application-specific Integrated Circuit (ASIC) Chipset
· Millimeter Wave (mmWave) Chipset
· Radio Frequency Integrated Circuit (RFIC) Chipset
Market By Platform
5G in Defense Market Leading Companies
This section of the study honors the market's top vendors Huawei Technologies Co., Ltd., Telefonaktiebolaget LM Ericsson (Ericsson), Nokia Networks, Thales Group, Samsung, L3Harris Technologies, NEC Corporation, and The Raytheon Company are the key companies mentioned in the research.
5G in Defense Market Regions
· Rest of Europe
· Rest of Latin America
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· South Africa
· Rest of Middle East & Africa