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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