Security News > 2022 > April > 5G in defense market to reach $8,952.30 million by 2027

The global 5G in defense market reached a value of $765.2 million in 2021, and looking forward, the market is set to reach a value of $8,952.

The widespread adoption of autonomous defense vehicles and robots in the defense sector is one of the key factors primarily driving the market growth.

The rising use of 5G in radars to detect and track multiple targets and the surging numbers of cross-border and territorial conflicts are favoring the market growth.

Various technological advancements, such as the integration of the Internet of Things, which enables the communication between multiple sensors and connected devices and facilitates high-speed data connectivity, are boosting the market growth.

5G services are rapidly being adopted in augmented reality for efficient maintenance of gadgets, vehicles, and equipment to train military personnel, which is positively impacting the market growth.

Apart from this, the rapid upgradation of defense infrastructure and the implementation of various government initiatives to support 5G technology are some of the factors creating a positive outlook for the market.

News URL

https://www.helpnetsecurity.com/2022/04/01/5g-in-defense-market-2027/