Market Size of 5G In Defense Industry
Study Period | 2019-2029 |
Market Size (2024) | USD 95.01 Billion |
Market Size (2029) | USD 412.06 Billion |
CAGR (2024 - 2029) | 34.08 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
5G In Defense Market Analysis
The 5G In Defense Market size is estimated at USD 95.01 billion in 2024, and is expected to reach USD 412.06 billion by 2029, growing at a CAGR of 34.08% during the forecast period (2024-2029).
- The growing dependence on big data is projected to drive the increased need for 5G networks of defense equipment. The increased use of real-time data for decisive decision-making has raised substantial data collections. With faster and more thorough communication, the 5G network will establish the capacity to take huge amounts of data more swiftly. Through its 5G network, this new wireless network would allow for real-time data transfer from unmanned aerial vehicles and surveillance drones to command centers, boosting situational awareness and tactical reconnaissance.
- Defense program demand will propel interoperability forward in the defense market. End-to-end slicing for unique end users can be carried out via 5G networks. Slices can be tailor-made to offer system performance needed by programs such as autonomous cars and trucks and automated process technology.
- However, the high costs involved in setting up 5G infrastructure might hinder the market growth during the forecast period.
5G In Defense Industry Segmentation
5G or 5th generation mobile network can considerably increase the speed of data transfer and improve bandwidth over 4th generation or 4G technology, in turn supporting new military and commercial uses.
The 5G in defense market is segmented by communication infrastructure, core network technology, platform, and geography. By communication infrastructure, the market is segmented into small cell, macro cell, and radio access networks. By core network technology, the market is segmented into software-defined networking, fog computing, mobile edge computing, and network functions virtualization. By platform, the market is segmented into land, airborne, and naval. The report also covers the market sizes and forecasts for the 5G defense market in major countries across different regions (North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa).
For each segment, the market size is provided in terms of value (USD).
By Communication Infrastructure | |
Small Cell | |
Macro Cell | |
Radio Access Network |
By Core Network Technology | |
Software-Defined Networking (SDN) | |
Fog Computing (FC) | |
Mobile Edge Computing (MEC) | |
Network Functions virtualization (NFV) |
By Platform | |
Land | |
Naval | |
Airborne |
Geography | |||||||
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5G In Defense Market Size Summary
The 5G in Defense Market is poised for substantial growth, driven by the increasing reliance on big data and the need for real-time data transfer to enhance situational awareness and tactical reconnaissance. The integration of 5G technology into defense systems is expected to revolutionize communication and data processing capabilities, enabling faster and more efficient decision-making. This technological advancement is particularly significant for unmanned aerial vehicles (UAVs) and surveillance drones, which will benefit from improved data transmission speeds and reduced latency. The market is also witnessing a push towards interoperability and end-to-end slicing, allowing for customized system performance to support various defense applications, including autonomous vehicles and automated processes. However, the high costs associated with establishing 5G infrastructure may pose challenges to market expansion.
Regionally, the Asia-Pacific market is experiencing rapid growth, with countries like China, South Korea, and Japan leading the charge in 5G network deployment. This has spurred demand for 5G technology solutions, with China emerging as a strong competitor in the wireless network sector. The Indian Army's efforts to implement a 5G network for enhanced border communication and operational efficiency exemplify the region's commitment to advancing defense capabilities through 5G. The market is semi-consolidated, with key players such as Ericsson, Huawei, NEC Corporation, L3Harris Technologies, and RTX Corporation actively pursuing strategies like mergers, acquisitions, and partnerships to strengthen their market position. Notable collaborations, such as those between Lockheed Martin and Intel Corporation, highlight the ongoing efforts to integrate 5G-enabled solutions within defense operations, further propelling market growth.
5G In Defense Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Communication Infrastructure
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2.1.1 Small Cell
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2.1.2 Macro Cell
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2.1.3 Radio Access Network
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2.2 By Core Network Technology
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2.2.1 Software-Defined Networking (SDN)
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2.2.2 Fog Computing (FC)
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2.2.3 Mobile Edge Computing (MEC)
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2.2.4 Network Functions virtualization (NFV)
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2.3 By Platform
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2.3.1 Land
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2.3.2 Naval
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2.3.3 Airborne
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 India
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2.4.3.2 China
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2.4.3.3 Japan
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2.4.3.4 South Korea
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 Latin America
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2.4.4.1 Brazil
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2.4.4.2 Rest of Latin America
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2.4.5 Middle-East and Africa
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2.4.5.1 United Arab Emirates
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2.4.5.2 Saudi Arabia
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2.4.5.3 Israel
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2.4.5.4 Rest of Middle-East and Africa
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5G In Defense Market Size FAQs
How big is the 5G In Defense Market?
The 5G In Defense Market size is expected to reach USD 95.01 billion in 2024 and grow at a CAGR of 34.08% to reach USD 412.06 billion by 2029.
What is the current 5G In Defense Market size?
In 2024, the 5G In Defense Market size is expected to reach USD 95.01 billion.