The several beneficial properties and potential of 5G technology and other major driving factors is expected to favour the rise in the global 5G infrastructure in Aerospace and Defense market
Reports and Insights has published a new report titled, “5G infrastructure in Aerospace and Defense Market: Opportunity Analysis and Future Assessment 2020-2028”
Global 5G infrastructure in Aerospace and Defense Market, By Communication Infrastructure (RAN (Radio Access Network) (C-Ran/V-Ran, Small Cell, MassiveMIMO), Transport Technology (Software-Defined Networking, Network Slicing), Core Technology (Network Function Virtualization (NFV), Mobile Edge Computing)), By Core Network Technology (Software-Defined Networking (SDN), Network Function Virtualization (NFV)), By Network Architecture (5G NR Non-Standalone (LTE Combined), 5G Standalone (NR + Core)), By Operational Frequency (Sub 6 GHz, Above 6 GHz), By End Use Vertical (Aerospace, Defense, Commercial Flight Line) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.
The global 5G infrastructure in the aerospace and defense market in 2020 is estimated for more than US$ xx Bn and expected to reach a value of US$ xx Bn by 2028 with a significant CAGR of xx%.
The aerospace industry has been one of the most heavily influenced industries throughout the prevailing worldwide pandemic. In consideration of which, the leading industry players are now in quest of new and advanced technologies to revivify the aviation sector, and favorably, one of the most up-and-coming and prospective technologies is emerging from the sphere of telecommunication engineering - 5G. As per the new Wind River report, the aerospace sector “is broadly fascinated with the development of 5G technologies or the 5th generation mobile network, for its pertinence to Urban Air Mobility as well as the capacity to sustain global technology edge and ascertain defense communications are secure and optimized.” As per said reports, the global 5G infrastructure in the Aerospace and Defense market is projected to rise significantly in the following years. 5G, the fifth generation of wireless telecommunications technology, is projected to provide pinnacle data rates of upto 20 Gigabits-per-second.
In addition to that, 5G retains the word for pervasive high-speed data connectivity, comprehensively enhanced intelligence, surveillance, and reconnaissance (ISR); secure and fast command and control, abundant unmanned vehicles, more competent logistics, and vast usage of augmented reality and virtual reality for training, simulation, and mission rehearsal. Such factors are further estimated to surge the adoption of 5G technologies in the defence industry, ultimately boosting the market growth in the future years.
Reports and Insights Study identifies some of the key participating players in the 5G infrastructure in Aerospace and Defense market globally are Airspan Networks, Affirmed Networks Inc., American Tower, AT&T, China Mobile, Cisco Systems, Comba Telecom, CommScope Inc., Ciena Corporation, Ericsson, Extreme Networks, Hewlett Packard Enterprise, Huawei Technologies Co., Ltd., Juniper, Korea Telecom, Mavenir, NEC Corporation, Nokia Networks, Samsung Electronics Co., Ltd., SK Telecom, T-Mobile US, Inc., Verizon Communications Inc., VMware, Inc., ZTE Corporation, Vestel Elektronik, among others.
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