5G in Defense Market is expected to grow $10.57 Billion & 14.7% CAGR

5G in Defense Market Size Worth $10.57 Billion By 2032 | CAGR: 14.7%


The global 5g in defense market size is expected to reach USD 10.57 billion by 2032, according to a new study by Polaris Market Research. The report “5G in Defense Market Share, Size, Trends, Industry Analysis Report, By Communication Infrastructure (Macrocell, Small Cell); By Core Network Technology; By Chipset Size; By Platform; By Services; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

In a single square kilometer of coverage, 5G technology can support up to one million devices, enabling seamless connectivity between various devices, including sensors. Data is shared among autonomous systems and platforms, facilitating real-time analysis and action. These systems operate more efficiently with high-speed, low-latency networks. For example, communication between an unmanned aerial vehicle and its controller is significantly faster and more effective on a 5G network compared to current communication systems. Secure 5G networks enable autonomous platforms like armored vehicles and unmanned ground vehicles to function optimally, contributing to the growth of the 5G defense market.

The implementation of 5G technology enhances the performance of autonomous systems. Several countries, including China, the United States, and Israel, are actively testing or employing 5G in their military operations. European nations like France and Italy are also planning to integrate 5G into their defense systems. The increasing adoption of autonomous systems and connected devices is expected to drive the demand for 5G in the defense market.

5G technology empowers governments across the globe to offer secure, dependable, and adaptable safety measures for their citizens and valuable assets. This empowerment is driving increased investments in 5G technology. For instance, Taiwan's National Communications Commission (NCC) has dedicated a subsidy of US$ 948.5 million to support five telecom operators in deploying a 5G network from 2021 to 2025, underscoring governments' strong commitment to advancing 5G technologies.

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Additionally, a study published in the National Library of Medicine in June 2021 highlighted the significant impact of coronary artery disease (CAD) on global health. CAD alone is responsible for approximately 610,000 deaths annually, accounting for an estimated one in four deaths and making it the foremost cause of mortality in the United States. With the incidence of CAD rising, there is a growing demand for effective 5G in Defence devices to address this pressing medical need. Consequently, this factor is projected to drive the demand for 5G in Defence s throughout the forecast period.

5G in Defense Market Report Highlights

  • In 2022, the Macrocell segment claimed the most significant share of the market, and it is expected to continue leading in revenue contribution to the global 5G defense market during the entire forecast period. Macrocells, integral components of the radio access network, are instrumental in expanding coverage through lower-frequency waves that can effectively penetrate physical barriers. Often situated on towers, macrocells facilitate the delivery of 5G network services to larger areas, thereby reducing system response times.
  • The Multi-user Edge Computing (MEC) segment led the market share during the forecast period. The revenue from the Multi-access Edge Computing segment is projected to experience a rapid Compound Annual Growth Rate (CAGR) over the forecast period. This growth is driven by the growing adoption of MEC-enabled 5G wireless systems, offering low-latency and high-bandwidth network access. MEC technology facilitates data collection and processing at the network's edge, enabling real-time analytics, reduced reliance on cloud data storage, and heightened network security.
  • In 2022, North America emerged as the dominant market. North America is expected to maintain a substantial share of the market's revenue compared to other regions during the forecast period. This can be primarily attributed to the increased government investments in the experimentation and testing of 5G networks. Additionally, the growing demand for high-speed and secure military communication connections is anticipated to drive further revenue growth in the 5G defense market within this region.
  • The global key market players include AeroMobile Communications Ltd., Cisco Systems, Inc., Huawei Technologies Co. Ltd, L3harris Technologies, Inc., NEC Corporation, Qualcomm Technologies, Inc., Raytheon Technologies Corporation, Telefonaktiebolaget LM Ericsson, Thales Group.

Polaris Market Research has segmented the 5G in Defence  market report based on Core Network Technology, Chipset Size, Communication Infrastructure, Platform, Services, and region:

5G in Defense , Core Network Technology Outlook (Revenue - USD Billion, 2019 - 2032)

  • Fog Computing
  • Network Functions Virtualization (NFV)
  • Software-defined Networking (SDN)
  • Multi-user Edge Computing (MEC)

5G in Defense , Chipset Size Outlook (Revenue - USD Billion, 2019 - 2032)

  • Radio Frequency Integrated Circuit (RFIC) Chipset
  • Application-specific Integrated Circuit (ASIC) Chipset
  • Millimeter Wave (MMwave) Chipset

5G in Defense , Communication Infrastructure Outlook (Revenue - USD Billion, 2019 - 2032)

  • Macrocell
  • Small Cell
  • Femtocells
  • Picocells

5G in Defence , Platform Outlook (Revenue - USD Billion, 2019 - 2032)

  • Naval
  • Airborne
  • Land

5G in Defence , Services Outlook (Revenue - USD Billion, 2019 - 2032)

  • Ultra-reliable Low-latency Communications (URLLC)
  • Massive Machine Type Communications (MMTC)
  • Enhanced Mobile Broadband (eMBB)

5G in Defence , Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

5G in Defence Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 3.09 billion

Revenue forecast in 2032

USD 10.57 billion

CAGR

14.7% from 2023 – 2032

Base year

2022

Historical data

2019 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2023 to 2032

Segments Covered

By Core Network Technology, By Chipset Size, By Communication Infrastructure, By Platform, By Services, , By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

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