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Increased Implementation of Internet of Things in Military and Increased Reliance on Big Data for Decision Making
— Emergent Research
VANCOUVER, British Columbia, Canada, Jan. 31, 2023 /EINPresswire.com/ — The 5G market in defense will reach US$9.31 billion in 2020, representing 68.4% of the market, according to the latest analysis by Emergen Research. It is projected to grow at a rapid rate. during the forecast period. Increasing Internet of Things (IoT) adoption in the military is expected to drive market revenue growth from 2021 to 2028. Moreover, the market will grow as big data is used more in decision making. We use artificial intelligence and advanced machine learning to process and evaluate large amounts of real-time data collected via sensors on board many platforms. By allowing operators to allocate the required amount of resources per network slice, 5G network slicing will enable the creation of end-to-end virtual networks according to application needs, resulting in resource savings. Increased utilization efficiency and significantly reduced operating costs. cost. These are some of the key factors driving the current expansion of his 5G defense market revenue globally.
The latest market research report focuses on the global 5G defense market and the report offers an in-depth analysis of each of its major segments. The report on the global 5G defense market provides a comprehensive overview of the market, including market size, revenue growth, industry statistics, revenue share among regional markets, gross profit, production costs, and product portfolio. Forecasts and qualitative and quantitative assessments of the 5G defense industry are provided by the authors of the report. SWOT analysis and Porter’s Five Forces analysis are some of the most important components of this report, providing insight into the competitive landscape of the industry.
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Main points of this section:
Local contribution
Estimated revenue generation
Key data and information on consumption rates in all major geographic segments
Expected market share increase
Predicting the growth of the overall consumption rate
Key highlights of the report
Revenue from the small cell segment is expected to expand at a significantly rapid CAGR during the forecast period owing to significantly lower costs and higher frequency transmissions than macro cells.
Highly Reliable Low Latency Communications (URLLC) segment is expected to register significantly strong revenue growth during the forecast period due to low latency and high speed. This facilitates better connectivity and faster decision making.
North America is expected to register greater revenue growth in the 5G defense market during the forecast period, owing to the strong presence of international and domestic 5G network providers such as Raytheon Technologies, Qualcomm Technologies., and AeroMobile Communications Ltd. , NVIDIA Corporation., and Cisco Systems, Inc. in countries throughout the region.
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Emergen Research has segmented the global 5G defense market based on communication infrastructure, core network technology, chipset size, service, platform, and region.
Telecom Infrastructure Outlook (Revenue, USD Billion, 2018-2028)
small cell
picocell
Femtocell
macro cell
Core Network Technology Outlook (Revenue, USD Billion, 2018-2028)
Software Defined Network (SDN)
Multi-User Edge Computing (MEC)
Network function virtualization (NFV)
fog computing
Chipset Size Outlook (Revenue, USD Billion, 2018-2028)
Application-specific integrated circuit (ASIC) chipsets
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 Communication (URLLC)
Massive Machine Type Communications (MMTC)
Platform Outlook (Revenue, USD Billion, 2018-2028)
land
Navy
Airborne
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The regional outlook section of the 5G In-Defense report provides greater depth on regulatory frameworks, current and emerging market trends, production and consumption patterns, supply and demand dynamics, imports and exports, and the presence of key players in each region. provide insight.
The different regions analyzed in the report are:
North America (USA, Canada)
Europe (UK, Italy, Germany, France, rest of the EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East and Africa (Saudi Arabia, UAE, South Africa, and other MEAs)
Market overview:
This report bifurcates the 5G defense market based on different product types, applications, end-user industries, and major global regions where the market has already established a presence. This report accurately provides insight into the demand-supply ratio and production and consumption of each segment.
Leading companies in the global market report include Raytheon Technologies Corporation, L3 Harris Technologies, Telefonactie Volajet LM Ericsson, Thales Group, NEC Corporation, Qualcomm Technologies, Huawei Technologies Corporation, Cisco Systems, Aeromobile Communications Limited and others. , and NVIDIA Corporation.
The research report on the 5G defense market addresses the following key questions:
Who Are the Dominant Players in This 5G Defense Market?
Which regional markets are expected to have high growth rates during the forecast period?
What are the consumer trends and demands expected to influence the operations of market players in the 5G Defense market?
What are the key growth drivers and restraints for the 5G defense market?
What expansion plans and strategic investment plans have the players made to gain a strong position in the market?
What is the overall impact of the COVID-19 pandemic on the 5G defense market and its key segments?
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