The global 5G in defense market size is projected to grow from USD 665 million in 2022 to USD 2,487 million by 2027, at a CAGR of 30.2% from 2022 to 2027. Factors such as the are the Higher network speed, and lower latency in 5G, and growing adoption of autonomous and connected devices are driving factors assisting the growth of the 5G in the defense market.
Contracts, partnerships, agreements new product & service launches, mergers and acquisitions are among some of the key strategies adopted by the leading market players to strengthen and sustain their position in the 5G in defense market. In January 2022, Intelsat, the worlds largest integrated satellite and terrestrial network operator, and Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), agreed to build two software-defined satellites to advance Intelsats global fabric of software-defined GEO connectivity as part of its 5G software-defined network. In July 2021, GBL Systems Corporation (GBL), a leading provider of systems engineering, software services, and advanced technology solutions to the US Department of Defense (DoD), and Samsung Electronics America, Inc. announced the deployment of new 5G testbeds for Augmented Reality/Virtual Reality at US Army bases. The 5G testbeds are part of a larger DoD project announced in October 2020 that granted USD 600 million in contracts for 5G testing at several US military test locations.
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The 5G in defense market is dominated by a few globally established players such as Ericsson (Sweden), Huawei (China), Nokia OYJ (Finland), Samsung (South Korea), NEC Corporation(Japan), Thales Group (France), L3Harris Technologies, Inc. (US), Raytheon Technologies (US), Ligado Networks (US), and Wind River Systems, Inc. (US). These players have adopted various organic and inorganic growth strategies to strengthen their position in the market. These include new product developments, contracts, agreements, partnership, and research & development (R&D) activities further to expand their presence in the 5G in Defense market.
Telefonaktiebolaget LM Ericsson
Telefonaktiebolaget LM Ericsson held the leading position in the 5G in defense market. The company provides high-performing solutions for networks, IT & cloud, media, and telecom industries. It aims to capture more market share as the market shifts from 3G to 4G. Moreover, the company aims to strengthen its position in the emerging 5G market with its offerings, as well as plans to expand and grow in utilities, transport, and public safety verticals. Ericsson had already collaborated with and delivered materials to the Swedish armed forces in the past. Thus, the company has prior experience and can leverage the same to offer 5G solutions to the defense industry.
Huawei is the frontrunner among network access equipment providers, primarily backed by its R&D investment, product portfolio, market perception, and geographic reach. The company has R&D centers in 21 countries, including China, the US, Canada, the UK, India, Russia, and Turkey. It is among the major suppliers of network products to telecom and private network operators across the world. Its equipment has been a major part of LTE rollouts in China, Europe, East Asia, and other emerging markets. In terms of key business strategies in the 5G in defense market, the company considers partnerships/collaborations important for its growth in addition to product launches and continuous enhancements of its existing products and investments in R&D. Although the company is a major player in the 5G ecosystem, it has received backlash from the US government as the company is believed to have a strong connection with the Chinese government and that can be a concern for its international market.
Nokia Networks, a segment of Nokia OYJ, offers a comprehensive portfolio of products and services to address the market that encompasses mobile and fixed network access infrastructure and IP routing and optical networks, among others. The company has a strong product offering for its customers. The company has adopted strings of strategies to garner share in the 5G in defense market. These strategies include product launches/developments, collaborations, and partnerships. The company aims to strengthen its position in the 5G in defense market with the launch of upgraded Cloudband Infrastructure software products. The company provides ultra-broadband network solutions that can handle the bandwidth requirements of a new generation of mission-critical voice, video, and data technologies. Its solutions eliminate IT silos to reduce response times.
5G in Defense Market by Communication Infrastructure (Small Cell, Macro Cell), Core Network Technology, Platform (Land, Naval, Airborne), End User, Network Type, Chipset, Operational Frequency, Installation and Region - Global Forecast to 2027
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