PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421720
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421720
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.
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.
Polaris Market Research has segmented the 5G in Defence market report based on Core Network Technology, Chipset Size, Communication Infrastructure, Platform, Services, and region: