The report highlights the current impact of COVID-19 on the 5g in defense market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for 5g in defense market according to the impact of COVID-19.
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, according to latest analysis by Emergen Research. Increasing implementation of Internet of Things (IoT) in military is expected to support market revenue growth during 2021-2028. Besides, increasing dependency on big data for decision making will boost market growth. Large volume real-time data capture using sensors installed on various platforms are processed and analyzed using sophisticated machine learning and Artificial Intelligence.
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higher cost of deploying 5G infrastructure and rise in cyber threat and security concerns and potential breaches of 5G networks are expected to hamper market revenue growth during the forecast period.
Scope of the Global 5g in defense market Report
The report performs an accurate estimation of the 5g in defense market growth prospects of the different market segments by studying the current market scenario, past performance, demand and supply ratio, production, consumption, sales, and revenue generation of the key players in the upcoming years. The market segmentation provides a 360° view of the 5g in defense market industry, which turns out to be beneficial for readers interested in this sector.
Key participants include Raytheon Technologies Corporation, L3harris Technologies, Inc., Telefonaktiebolaget LM Ericsson., Thales Group, NEC Corporation, Qualcomm Technologies, , Huawei Technologies Co. Ltd, Cisco Systems, Inc., AeroMobile Communications Ltd., and NVIDIA Corporation.
Covid impact analysis:
The report considers 5g in defense market COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments. The report is refurbished with the impact of the recent COVID-19 pandemic on the global 5g in defense market . The pandemic has dynamically changed the economic scenario of the world and has affected several segments of the 5g in defense market . The research report focuses on the present and future impact of this crisis to provide an extensive analysis of the market post-COVID-19 crisis.
The objective of the 5g in defense market study :
is to define 5g in defense market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Emergen Research has segmented the global 5G in defense market on the basis of communication infrastructure, core network technology, chipset size, services, platform, and region:
Communication Infrastructure Outlook (Revenue, USD Billion; 2018–2028)
Core Network Technology Outlook (Revenue, USD Billion; 2018–2028)
Software-defined Networking (SDN)
Multi-user Edge Computing (MEC)
Network Functions Virtualization (NFV)
Chipset Size Outlook (Revenue, USD Billion; 2018–2028)
Application-specific Integrated Circuit (ASIC) chipset
Radio Frequency Integrated Circuit (RFIC) chipset
Millimeter Wave (MMwave) chipset
Services Outlook (Revenue, USD Billion; 2018–2028)
Enhanced Mobile Broadband (eMBB)
Ultra-reliable Low-latency Communications (URLLC)
Massive Machine Type Communications (MMTC)
Platform Outlook (Revenue, USD Billion; 2018–2028)
5g in defense market Geographical Overview:
The latest report broadly categorizes the global 5g in defense market into several geographical terrains, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The study is inclusive of essential information relevant to each region in this broad industry segment, along with the key drivers of the regional market growth.
The report further estimates the revenue accumulated by these regions over the forecast period.
The latest 5g in defense market research report studies the major market players, their regional presence, industry share, and production facilities.
The report offers significant data pertaining to these market competitors’ company profiles, product types, and application outlook.
Moreover, the pricing models and gross margins of these industry majors have also been mentioned in the report.
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About Emergen Research :
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.