North America to dominate the 5G in Defense Market to grow at a Significant Rate through 2026
Increasing use of advanced
technology and the need for real-time analytics is expected to drive the demand
for global 5G in defense market in forecast period.
According to TechSci Research report, “Global
5G in Defense Market By Communication Infrastructure (Small Cell, Macro
Cell, Radio Access Network) By Core Network Technology (Software-defined
Networking, Fog Computing, Mobile Edge Computing, Network Functions
Virtualizations) By Network Type (Enhanced Mobile Broadband {eMBB}, Ultra-Reliable
Low-Latency Communications {URLLC}, Massive Machine Type Communications
{MMTC}) By Chipset (Application-Specific
Integrated Circuit (ASIC) Chipset, Radio Frequency Integrated Circuit (RFIC)
Chipset, Millimeter Wave (mmWave) Chipset)
By Platform (Land, Naval, Airborne)
By Operational Frequency (High, Low, Medium) By End Use (Aircraft,
Airport, Homeland Security) By Company, By Region, Forecast &
Opportunities, 2026”, The global 5G in defense market is expected to witness
significant growth for the next five years. 5G in defense is in high demand to
improve the functioning of intelligence, surveillance and reconnaissance
systems and modernize the processing system is expected to be the driving
factor for the predicted period. Use of augmented reality and virtual reality
application in defense sector require high speed internet connection to obtain
enhanced results. 5G uses blockchain technology to increase the efficiency of
logistics supply and enables the introduction of command-and-control system
with ease. Rise in investments for upgradation to 5G technology is expected to
accelerate the market growth. Autonomous vehicles, drones and robots play a
crucial role in defense industry. To increase the efficiency the adoption of
autonomous technology is on rise which also aids in reduction of operational
costs. Support of the leading authorities in development of high-cost
infrastructure and services in form of government subsidies, research and
development grants and other economic aid to communication companies is
expected to foster the growth of the market.
The COVID-19 outbreak across the world which has been
declared as pandemic by World Health Organization has affected several countries
adversely. Leading authorities across the world-imposed lockdown restrictions
and released a set of precautionary measures to contain the spread of novel
coronavirus. Coronavirus affected patients started suffering from shortness of
breath along with coughing and sneezing. Manufacturing units were allowed to
continue production with lower production volume. The testing and development
of 5G technology for defense were temporarily held due to declining economic
curve and disruption in supply chain network. COVID-19 also affected adversely
the telecommunication network providers due to lag in product approvals and
availability of limited workforce. Post lockdown restrictions, the 5G in
defense market is expected to pick up the pace eventually.
However, lack of availability of sufficient hardware
suppliers and shortage of skilled manpower can restrain the growth of the
market.
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Global
5G in defense market is segmented into communication infrastructure, core
network technology, network type, chipset, platform, operational frequency, end
use, regional distribution, and company. Based on communication infrastructure,
market can be divided into small cell, macro cell, and radio access network.
The small cell communication infrastructure segment is expected to account for
major market share for the forecast period, 2022-2026. Small cells help in
large scale deployment of 5G network and with rise in connectivity speed the
segment is expected to witness significant growth. Based on platform, market
can be fragmented into land, naval, and airborne. The airborne segment is
expected to dominate the market for the next five years. With advancements in
technology and high demand for airborne applications and to ensure critical
communication with higher efficiency the market is expected to witness
significant boost.
Telefonaktiebolaget
LM Ericsson, Huawei Technologies Co., Ltd., NOKIA Networks, Thales Group,
L3Harris Technologies Inc., Raytheon Technologies Corporation, Qualcomm
Technologies Inc., Analog Devices, Inc., Intel Corporation, Cisco Systems, Inc.
are the leading players operating in global 5G in defense market. Service
Providers are increasingly focusing on research and development process to fuel
higher growth in the market. To meet evolving customer demand with respect to
better efficiency and durability, several 5G in defense providers are coming up
with their technologically advanced offerings.
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“Advancement
in technology and adoption of internet of things continuous adoption of
internet of things technology for real time monitoring and analyzing the
connected devices require the 5G network to connect with large number of
sensors and connected devices. Internet of things find application in defense
sector such as for smart base, border surveillance, drones, among others the
need to ensure communication and interrupted internet connectivity along with
the need for lower power consumption capability and increasing number of
devices used in defense system is expected to propel the market growth till
2026” said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“Global 5G in Defense
Market By Communication Infrastructure (Small Cell, Macro Cell, Radio Access
Network) By Core Network Technology (Software-defined Networking, Fog
Computing, Mobile Edge Computing, Network Functions Virtualizations) By Network
Type (Enhanced Mobile Broadband {eMBB}, Ultra-Reliable Low-Latency
Communications {URLLC}, Massive Machine Type Communications {MMTC}) By Chipset (Application-Specific Integrated
Circuit (ASIC) Chipset, Radio Frequency Integrated Circuit (RFIC) Chipset,
Millimeter Wave (mmWave) Chipset) By
Platform (Land, Naval, Airborne) By
Operational Frequency (High, Low, Medium) By End Use (Aircraft, Airport,
Homeland Security) By Company, By Region, Forecast & Opportunities, 2026” has
evaluated the future growth potential of global 5G in defense market and
provided statistics & information on market size, shares, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the of global 5G in defense
market.
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