5G Use in Defense Market Will Experience Rapid Growth: Report
The value of 5G in defense applications is expected to climb from $900 million last year to $2.3 billion by 2028, a compound annual growth rate of 19.9% during the period, ResearchAndMarkets.com said Monday. 5G “offers speeds up to 100…
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times faster than its predecessor, 4G, opening up unprecedented possibilities for individuals and enterprises alike,” the firm said: “The enhanced connectivity speeds, remarkably low latency, and expanded bandwidth that 5G provides are driving progress in societies and reshaping various industries. This transformation is greatly improving everyday experiences for people.”