Emergen Research has published a novel research report titled, “Global 5G In Defense Market Forecast to 2028”. The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global 5G In Defense Market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
5G in defense market size reached USD 9.31 billion in 2020 and is expected to register a revenue CAGR of 68.4% during the forecast period. Increasing Internet of Things (IoT) adoption in the military is anticipated to promote market revenue growth between 2021 and 2028. Additionally, the market will rise as big data is used for decision-making to a greater extent. Artificial intelligence and sophisticated machine learning are used to handle and evaluate large amounts of real-time data collected via sensors mounted on many platforms.
By allowing operators to allocate the necessary amount of resources as per network slice, 5G network slicing would enable creation of end-to-end virtual networks in accordance with the needs of the application, resulting in more effective resource utilisation and a sizable decrease in operational costs. These are some of the key elements propelling the current expansion of the worldwide 5G defence market revenue.
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Competitive Terrain:
The global 5G In Defense industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Companies profiled in the global 5G In Defense market:
Raytheon Technologies Corporation, L3harris Technologies, Inc., Telefonaktiebolaget LM Ericsson., Thales Group, NEC Corporation, Qualcomm Technologies, Inc., Huawei Technologies Co. Ltd, Cisco Systems, Inc., AeroMobile Communications Ltd., and NVIDIA Corporation
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Key Parameters Analyzed in This Section:
Company Profiles
Gross Revenue
Profit margins
Product sales trends
Product pricing
Industry Analysis
Sales & distribution channels
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Segments Covered in this report are:
-
Communication Infrastructure Outlook (Revenue, USD Billion; 2018–2028)
- Small Cell
- Picocells
- Femtocells
- Macrocell
- Small Cell
-
Core Network Technology Outlook (Revenue, USD Billion; 2018–2028)
- Software-defined Networking (SDN)
- Multi-user Edge Computing (MEC)
- Network Functions Virtualization (NFV)
- Fog Computing
-
Chipset Size Outlook (Revenue, USD Billion; 2018–2028)
- Application-specific Integrated Circuit (ASIC) Chipset
- Radio Frequency Integrated Circuit (RFIC) Chipset
- Millimeter Wave (MMwave) Chipset
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Key reasons to buy the Global 5G In Defense Market report:
The latest report comprehensively studies the global 5G In Defense market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products & services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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