< Key Hightlight >

[197 Pages Report] The 5G in Aerospace & Defense Market size was estimated at USD 1.27 billion in 2023 and expected to reach USD 1.64 billion in 2024, at a CAGR 31.57% to reach USD 8.70 billion by 2030.

The 5G in aerospace & defense market encompasses implementing fifth-generation wireless communication technology within the aerospace and defense sectors. This market focuses on enhancing mission-critical services through ultra-reliable, low-latency communication, high-speed data transfer, and seamless connectivity across devices, sensors, and systems. Key applications include military communications, unmanned aerial vehicles (UAVs), air traffic control systems, aircraft operations support, satellite communication networks, and defense infrastructure. The increasing need for secure real-time communication across various domains such as land, air, sea, or space in dynamic digital battlefields and advancements in satellite communication technologies offering global connectivity with reduced latency through terrestrial networks supports the 5G network. On the other hand, high initial investment costs related to infrastructure deployment, security concerns surrounding 5G network implementation exposing vulnerabilities to cyber-attacks targeting critical defense information, and lack of globally harmonized spectrum allocation for 5G communication pose obstacles to market growth. They may lead to interoperability issues between systems from different regions. However, advances in 5G technologies for the military & defense sector and the deployment of autonomous and connected aircraft are expected to increase market growth in the coming years.