Latest Market intelligence report released by MarketDigits with title “Global 5G in Defense Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery” is designed covering micro level of analysis by manufacturers and key business segments. The Global 5G in Defense Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. Some of the key players profiled in the study are Ericsson, Huawei, Nokia Networks, Samsung, NEC, Thales Group.
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Restraint: Lack of standards and protocols for use of 5G
5G is an upcoming technology, and for developing, managing, and successfully implementing 5G infrastructure, companies require protocols and rules to follow. At present, very few countries are utilizing 5G in the military arena, resulting in a lack of standards and protocols. There is a delay by the international community in the use of 5G for the military due to the unavailability of adequate hardware suppliers. Some of the major suppliers are Huawei (China), Nokia (Finland), and Ericsson (Sweden).
As the 5G infrastructure for defense is in the development phase, the companies involved in this technology have to face issues related to access to information, experimentation with military platforms, and availability of regulations for development and testing, among others. The shortage of skilled manpower is also an issue faced by defense firms. As 5G technology in the military is still in its early stage of lifecycle, the workforce possessing in-depth knowledge of this technology is limited. Thus, the impact of this restraining factor is likely to continue during the initial years of the forecast period.
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Driver: Growing adoption of autonomous and connected devices
5G technology can support up to 1 million devices in a square km range (approximately). This means multiple devices such as sensors can be connected to each other using a 5G network. All autonomous systems or platforms work on a network through which data is transferred. This data is interpreted and then received by the systems through the network, which is used to take action by the autonomous systems. With a network that has higher speed and low latency, such systems will work more efficiently. For instance, the communication between an unmanned aerial vehicle and its controller will be quick and efficient when on a 5G network compared to current communication systems. Autonomous platforms, such as armored vehicles and unmanned ground vehicles, can function efficiently with a secured 5G network.
The 5G network is observed to have improved the functioning of autonomous systems. Countries like China, the US, and Israel are testing and/or operating 5G technology within their military forces. European countries, such as France and Italy, are also looking forward to implementing 5G within their military forces. The increasing use of autonomous systems and connected devices will further increase the demand for the 5G network.
Opportunity: Growth of IoT
Wide adoption and continuous advancements in the Internet of Things (IoT) are among the factors transforming various industries by connecting several types of devices, appliances, systems, and services. IoT is among the use cases that the 5G network would support; for instance, it enables the communication between a large number of sensors and connected devices. IoT application requirements can be categorized as high power, low-latency applications (e.g., border surveillance), low power, and long-range IoT applications (e.g., smart base). To support these requirements of emerging IoT applications, categorized as massive machine-type communication and mission-critical applications, the 5G market is expected to gain traction. Also, the need to provide uninterrupted internet connectivity to an increasing number of devices, along with a reduction in power consumption, is driving the growth of the 5G market
Challenge: Security concerns on collaboration with 5G suppliers
Many countries, such as the US, Canada, France, Germany, and the UK, are looking forward to identifying potential 5G suppliers and integrators. Players such as Huawei, Nokia, and Ericsson have been dominating the 5G market. Since the implementation is for defense purposes, the security of data and network is of utmost importance. The US is firm on not procuring hardware and solutions from unreliable sources, where data security can be a concern. It has decided to ban companies from China, especially Huawei. A similar request for a ban on Huawei has been made by the Canadian military to the government. In the wake of strong competition between China and the US, the US is pressuring G7 countries to implement similar policies. European countries have directly not agreed to the ban of infrastructure from Chinese companies; however, they have planned for a limited period of contract. European countries prefer buying 5G devices from the European region to ensure data security. In Asia, countries like India are also looking forward to banning Chinese companies wherever data sensitivity is of concern.
Concerns regarding the sharing of sensitive data with private companies exist. A military maintains data of each of its operations and activities, and sharing that data with others may jeopardize its plans and security. There are also concerns about cloud-based storage services, which are vulnerable to cyber-attacks, leading to the loss of sensitive information.
By Communication Infrastructure, the small cell segment projected to dominate 5G in defense market during forecast period.
Small cell segment growth is attributed to the large-scale deployment of small cells by 5G network operator. With the further introduction of the 5G network, the data connectivity speed is expected to increase significantly. As small cells can help facilitate 5G deployment, they are anticipated to play a pivotal role in the market for 5G communication infrastructure.
By platform, the airborne segment to lead 5G in defense market during forecast period.
By platform, the airborne segment is projected to register highest CAGR of 62.6% during the forecast period. With advancements in 5G technology, airborne applications (such as drones) and mission-critical communications will be able to perform with increased efficiency.
North America is projected to lead the 5G in defense market during the forecast period.
North America is estimated to lead the 5G in defense market during the forecast period owing to increased investments by the US Department of Defense in 5G technology. The US is projected to be the largest developer and operator of 5G technology globally, resulting in a large share of the North American region in the global market. 5G technology in defense helps improve the processing and functioning of ISR (intelligence, surveillance & reconnaissance) systems, enables new command and control systems, enhances augmented and virtual reality applications, modernizes maintenance processes, and improves efficiency in logistics supply using technologies such as blockchain. With the increasing use of connected systems through IoT, a need for low-latency communication technology has risen. The allocation of a wide frequency band to the US military has opened new opportunities for system designers to develop 5G enabled components and enhance the operational efficiency of all related systems
The large scale 5G in Defense Market report is a thorough and professional report that focuses on primary and secondary drivers, market share, leading segments & geographical analysis. These calculations will provide estimations about how the 5G in Defense Market is going to perform in the forecast years by informing what the market definition, classifications, applications & engagements are. 2020 is the base year while 2019 is the historic year for calculation in the report. Being an excellent in quality, this market research report gains customer confidence and trust. The global 5G in Defense Market research report takes into account key product developments and tracks recent acquisitions, mergers & research in the industry by the top market players.
Report on (2020-2027 5G in Defense Market Report) mainly covers 12 sections acutely display the global market:
Chapter 1: To describe 5G in Defense Introduction, product scope, market overview, market opportunities, market risk, market driving force.
Chapter 2: To analyze the top manufacturers of 5G in Defense, with sales, revenue, and price of 5G in Defense, in 2010 and 2020.
Chapter 3: 5G in Defense, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2020.
Chapter 4: To show the global market by regions, with sales, revenue and market share of 5G in Defense, for each region, from 2016 5G in Defense to 2020.
Chapter 5, 6, 7, 8 and 9 To analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions.
Chapter 10 and 11 To show the market by type and application, with sales market share and growth rate by type, application, from 2014 5G in Defense to 2020.
Chapter 11 5G in Defense market forecast, by regions, type and application, with sales and revenue, from 2020 to 2027 5G in Defense.
Chapter 12: To describe 5G in Defense sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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