Market Share of 5G In Defense Industry
The 5G in Defense Market is semi-consolidated, with the market players vying for a dominant market share through attractive offerings and competitive pricing strategies. Some key market participants in the 5G defense market include Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd., NEC Corporation, Samsung Electronics Co., Ltd., Nokia Corporation, L3Harris Technologies, Inc., and RTX Corporation. These major players operating in this market have adopted various strategies comprising M&A, investment in R&D, collaborations, partnerships, regional business expansion, and new product launches.
In February 2024, Zain Saudi Arabia (Zain KSA) and Huawei formalized an MoU, aiming to push the boundaries of 5.5G technology across diverse sectors. The collaboration seeks to curate a holistic range of smart solutions for individual and corporate clients, unified under the "All in 5.5G" strategy, capitalizing on Huawei's prowess in 5.5G Radio, Core, and Transmission technologies.
In June 2024, NEC Corporation pioneered a radio-over-fiber system utilizing a 1-bit fiber transmission method. This innovation promises cost-effective and stable millimeter-wave communication networks, paving the way for Beyond 5G/6G. The system employs budget-friendly electrical-to-optical converters for high-frequency analog signal transmission, enabling the rollout of compact and affordable distributed antenna units.
5G In Defense Market Leaders
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Huawei Technologies Co., Ltd.
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NEC Corporation
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Telefonaktiebolaget LM Ericsson
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Samsung Electronics Co., Ltd.
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Nokia Corporation
*Disclaimer: Major Players sorted in no particular order
