5G In Defense Market 2024-2028
The 5g in defense market is forecasted to grow by USD 3999.1 mn during 2023-2028, accelerating at a CAGR of 46.1% during the forecast period. The report on the 5g in defense market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by emergence of iot, increasing adoption of cloud-based services, and high spending on defense.
Technavio's 5g in defense market is segmented as below:
- By Communication Technology
- Small cell
- Macro cell
- By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the growing research and development in deployment of 5g network as one of the prime reasons driving the 5g in defense market growth during the next few years. Also, increasing government initiatives for high-speed 5g network connectivity and high spending on technologies will lead to sizable demand in the market.
The report on the 5g in defense market covers the following areas:
- 5G In Defense Market sizing
- 5G In Defense Market forecast
- 5G In Defense Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading 5g in defense market vendors that include Aptiv Plc, AT and T Inc., Cisco Systems Inc., Huawei Technologies Co. Ltd., L3Harris Technologies Inc., Ligado Networks, NEC Corp., Nokia Corp., NVIDIA Corp., Qualcomm Inc., RTX Corp., Samsung Electronics Co. Ltd., Sierra Wireless Inc., Telefonaktiebolaget LM Ericsson, and Thales Group. Also, the 5g in defense market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.