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5G in Defense : A $76.01 Billion Game Changer by 2030 - Shaping the Future of the Industry
5G in Defense : A $76.01 Billion Game Changer by 2030 - Shaping the Future of the Industry 11-02-2023 07:33 PM CET | Science & Education Press release from: Allied Market Research 5G in Defense Market Trend According to the report published by Allied Market Research, the global 5G in defense market was pegged at $551 million in 2020 and is estimated to hit $76.01 billion by 2030, registering a CAGR of 67.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends. ☑️𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 - https://www.alliedmarketresearch.com/request-sample/10929 googletag.cmd.push(function() { googletag.display("div-gpt-ad-1692778413989-2"); }); For the defense and security purposes, 5G networks will upgrade Intelligence, Surveillance and Reconnaissance (ISR) systems and signal processing, modernize logistics operations, and allow enhanced command-and-control applications. In addition, 5G could offer broad access to augmented and virtual reality, dynamic spectrum use, distributed command and control, and 5G smart warehousing to the military forces. The speed offered by 5G is 10 gigabits per seconds, which is 100 times faster than 4G technology and has a low latency. The low delay is attained with the help of edge computing where processing and generation of data is performed as near as possible to the end points, comprising effectors and sensors, where these can locally transmit and receive data with each other with virtually nil waiting period. Increase in the number of autonomous defense vehicles, drones, and robots, rise in support of government toward the development of 5G, and surge in demand for surveillance activities fuel the global 5G in defense market. However, cyber security threats to 5G network and high infrastructure costs for the deployments of 5G impede the growth to some extent. On the other hand, technological advancements in 5G network and upgradation of military bases present new opportunities in the coming years. The global 5G in defense market is analyzed across communication infrastructure, core network technology, network type, chipset, platform, and region. On the basis of communication infrastructure, the small cell segment contributed to more than two-fifths of the total market share in 2020, and is projected to lead the trail during the forecast period. At the same time, the radio access network segment would portray the fastest CAGR of 70.40% from 2021 to 2030. ☑️𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 - https://www.alliedmarketresearch.com/5g-in-defense-market/purchase-options On the basis of platform, the land segment accounted for more than three-fifths of the total market revenue in 2020, and is projected to rule the roost by 2030. The airborne segment, on the other hand, would portray the fastest CAGR of 70.90% throughout the forecast period. On the basis of region, Asia-Pacific held the major share in 2020, generating nearly two-fifths of the global market. The segment is also projected to exhibit the fastest 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟕𝟐.𝟐% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟏 𝐭𝐨 𝟐𝟎𝟑𝟎.The other regions analyzed through the report include North America, Europe, and LAMEA. 𝐓𝐨𝐩 𝟓𝐆 𝐢𝐧 𝐃𝐞𝐟𝐞𝐧𝐬𝐞 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬: Telefonaktiebolaget LM Ericsson, Huawei Investment & Holding Co., Ltd, Nokia Corporation, Samsung Electronics Co., Ltd, NEC Corporation, Thales Group, L3Harris Technologies, Inc., Raytheon Technologies Corporation, Ligado Networks, Wind River Systems, Inc. ☑️𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.alliedmarketresearch.com/purchase-enquiry/10929 𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲 ★By communication infrastructure, the radio access network segment is expected to register a significant growth during the forecast period. ★By core network technology, the fog computing segment is anticipated to exhibit significant growth in the near future. ★By network type, the massive machine type communications segment is projected to lead the global 5G in Defense market owing to higher CAGR as compared to ultra-reliable low latency communications segment. ★By chipset, the millimeter wave chipset segment is projected to lead the global 5G in Defense market owing to higher CAGR as compared other chipset types. ★By platform, the airborne is anticipated to exhibit significant growth in the near future. ★By region, Asia Pacific is anticipated to register the highest CAGR during the forecast period. 𝐁𝐫𝐨𝐰𝐬𝐞 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐀𝐞𝐫𝐨𝐬𝐩𝐚𝐜𝐞 & 𝐃𝐞𝐟𝐞𝐧𝐬𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲: https://www.alliedmarketresearch.com/5g-in-aviation-market-A07103 - 5G in Aviation Market : Global Opportunity Analysis and Industry Forecast, 2021-2030 https://www.alliedmarketresearch.com/defense-cyber-security-market-A09727 - Defense Cyber Security Market : Global Opportunity Analysis and Industry Forecast, 2021-2031 https://www.alliedmarketresearch.com/automotive-cyber-security-market-A08901 - Automotive Cybersecurity Market : Global Opportunity Analysis and Industry Forecast, 2021-2030 https://www.alliedmarketresearch.com/5g-small-cell-in-aviation-market-A09046 - 5G Small Cell in Aviation Market : Global Opportunity Analysis and Industry Forecast, 2023-2032 Contact: David Correa 5933 NE Win Sivers Drive 205, Portland, OR 97220 United States USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 [email protected] Web: www.alliedmarketresearch.com Allied Market Research Blog: https://blog.alliedmarketresearch.com Follow Us on | Facebook | LinkedIn | YouTube | 𝐀𝐛𝐨𝐮𝐭 𝐔𝐬 Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. This release was published on openPR. Permanent link to this press release: Copy Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release. 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