Cisco Systems Inc CSCO

Alternate Symbol(s): N.CSCO

Technology Communication Equipment

Cisco Systems, Inc. designs and sells a range of technologies that power the Internet. The Company is integrating its product portfolios across networking, security, collaboration, applications and cloud. The Company's segments include the Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific, Japan, and China (APJC). Its Networking product category represents its core networking technologies of switching, routing, wireless, fifth generation (5G), silicon, optics solutions and compute products. Its Security product category consists of its cloud and application security, industrial security, network security, and user and device security offerings. Its Collaboration product category consists of its meetings, collaboration devices, calling, contact center and platform as a service (CPaaS) offering. Its Observability product category consists of its full stack observability offerings.

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Cisco Systems Inc

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Post by ivosmithon Dec 15, 2023 4:43am

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Post# 35786129

5G in Defense Market Report and Outlook 2024-2032

According to the latest research report, the global 5G in defense market size reached US$ 1,694.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 32,425.2 Million by 2032, exhibiting a growth rate (CAGR) of 38% during 2024-2032.

The widespread adoption of autonomous defense vehicles and robots in the defense sector is currently driving the market growth. Additionally, the rising use of 5G in radars to detect and track multiple targets and the increasing numbers of cross-border and territorial conflicts are currently favoring market growth. Moreover, various ongoing technological advancements, such as the integration of the Internet of Things (IoT), which enables communication between multiple sensors and connected devices and facilitates high-speed data connectivity, are currently boosting market growth. 5G services are rapidly being adopted in augmented reality (AR) for the efficient maintenance of gadgets, vehicles, and equipment to train military personnel, which is currently positively impacting market growth. Apart from this, the ongoing rapid upgrade of defense infrastructure and the ongoing implementation of various government initiatives to support 5G technology are some of the ongoing factors creating a positive outlook for the market.

Explore full report with Table of Contents: https://www.imarcgroup.com/5g-in-defense-market