The global 5G in defense market size reached US$ 1,694.2 Million in 2023. Looking forward, the market is expected to reach US$ 32,425.2 Million by 2032, exhibiting a growth rate (CAGR) of 38% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 1,694.2 Million
Market Forecast in 2032
US$ 32,425.2 Million
Market Growth Rate 2024-2032
38%
5G refers to the fifth-generation mobile network technology that carries wireless communication and connects objects, machines, people, and devices. It comprises various networks, such as enhanced mobile broadband (eMBB), massive machine type communication (MMTC), and ultra-reliable low-latency communications (URLLC). Consequently, it finds widespread applications across various industries. For instance, particularly in the defense sector, 5G is widely used to improve and process intelligence, surveillance, and reconnaissance (ISR) systems, streamline logistics systems and enable new methods of command and control (C2). It further assists in quick response time and faster transmission of videos and images to achieve real-time battlefield results. The network is also widely used to provide enemy infantry real-time operation information at inconvenient, dangerous, and remote areas. It is also utilized to transmit data over various wireless broadband connections to enhance speed and bandwidth at a multigigabit speed. It also offers ultra-low latency, enhanced network capacity, uniform user experience, high-speed data, and increased reliability.
5G in Defense Market Trends:
The widespread adoption of autonomous defense vehicles and robots in the defense sector is one of the key factors primarily driving the market growth. Additionally, the rising use of 5G in radars to detect and track multiple targets and the surging numbers of cross-border and territorial conflicts are favoring the market growth. Moreover, various technological advancements, such as the integration of the Internet of Things (IoT), which enables the communication between multiple sensors and connected devices and facilitates high-speed data connectivity, are boosting the market growth. 5G services are rapidly being adopted in augmented reality (AR) for efficient maintenance of gadgets, vehicles, and equipment to train military personnel, which is positively impacting the market growth. Apart from this, the rapid upgradation of defense infrastructure and the implementation of various government initiatives to support 5G technology are some of the factors creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global 5G in defense market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on communication infrastructure, core network technology, network type, chipset and platform.
The competitive landscape of the industry has also been examined along with the profiles of the key players being Cisco Systems Inc., L3harris Technologies Inc., Ligado Networks, Nokia Corporation, Nvidia Corporation, Qualcomm Incorporated, Raytheon Technologies Corporation, Samsung Electronics Co. Ltd, Sierra Wireless Inc, Telefonaktiebolaget LM Ericsson, Thales Group and Wind River Systems Inc. (Intel Corporation).
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
US$ Million
Segment Coverage
Communication Infrastructure, Core Network Technology, Network Type, Chipset, Platform, Region
Region Covered
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered
Cisco Systems Inc., L3harris Technologies Inc., Ligado Networks, Nokia Corporation, Nvidia Corporation, Qualcomm Incorporated, Raytheon Technologies Corporation, Samsung Electronics Co. Ltd, Sierra Wireless Inc, Telefonaktiebolaget LM Ericsson, Thales Group and Wind River Systems Inc. (Intel Corporation).
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The global 5G in defense market was valued at US$ 1,694.2 Million in 2023.
We expect the global 5G in defense market to exhibit a CAGR of 38% during 2024-2032.
Continuous upgradation of defense infrastructures, along with the extensive utilization of 5G in
radars to detect and track multiple targets, is currently driving the global 5G in defense market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations resulting in temporary halt in the development and
testing of 5G technologies for the defense industry and supply chain disruption of crucial
components.
Based on the communication infrastructure, the global 5G in defense market can be segregated into
small cell, macro cell, and Radio Access Network (RAN). Currently, small cell accounts for the
majority of the global market share.
Based on the core network technology, the global 5G in defense market has been divided into
Software-Defined Networking (SDN), Fog Computing (FC), Mobile Edge Computing (MEC), and
Network Functions Virtualization (NFV). Among these, Software-Defined Networking (SDN) currently
exhibits a clear dominance in the market.
Based on the network type, the global 5G in defense market can be categorized into Enhanced
Mobile Broadband (EMBB), Ultra-Reliable Low-Latency Communications (URLLC), and Massive
Machine Type Communications (MMTC). Currently, Enhanced Mobile Broadband (EMBB) holds the
majority of the total market share.
Based on the chipset, the global 5G in defense market has been segmented into Application-Specific
Integrated Circuit (ASIC) chipset, Radio Frequency Integrated Circuit (RFIC) chipset, and Millimeter
Wave (mmWave) chipset. Among these, Application-Specific Integrated Circuit (ASIC) chipset
currently represents the largest market share.
Based on the platform, the global 5G in defense market can be bifurcated into land, naval, and
airborne. Currently, land accounts for the majority of the global market share.
On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global 5G in defense market include Cisco Systems Inc., L3harris
Technologies Inc., Ligado Networks, Nokia Corporation, Nvidia Corporation, Qualcomm
Incorporated, Raytheon Technologies Corporation, Samsung Electronics Co. Ltd, Sierra Wireless Inc,
Telefonaktiebolaget LM Ericsson, Thales Group, and Wind River Systems Inc. (Intel Corporation).
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