The global 5G in aviation market size is expected to reach USD 9.98 Billion at a steady CAGR of 54.3% in 2028, according to latest analysis by Emergen Research. Market revenue growth is driven to a significant extent by increasing demand for faster Internet speeds and surge in usage of smart devices. Rising focus on newer technologies such as 5G, Wi-Fi 6, and Artificial Intelligence (AI) to boost efficiency and improve passenger experience in air travel are other key factors expected to drive market revenue growth going ahead.
The report studies the factors influencing the growth of the industry in the global market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.
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The leading market contenders listed in the report are:
Nokia Corporation, Panasonic Avionics Corporation, Huawei, Cisco Systems, Global Eagle Entertainment, Aeromobile Communications, Intelsat, Ericsson, ONEWEB, and Smartsky Networks
The research study examines historic data from 2018 and 2020 to draw forecasts until 2030. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Overview:
The report bifurcates the 5G in Aviation market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Communication Infrastructure Outlook (Revenue, USD Billion; 2018–2028)
- Small Cells
- Distributed Antenna Systems (DAS)
Technology Outlook (Revenue, USD Billion; 2018–2028)
- Enhanced Mobile Broadband (eMBB)
- Massive Machine Type Communications (MMTC)
- Ultra-Reliable Low-Latency Communications (URLLC)
- Fixed Wireless Access (FWA)
End-use Outlook (Revenue, USD Billion; 2018–2028)
- 5G Infrastructure for Airport
- Healthcare Air Traffic Control/Air Traffic Management
- Agriculture Passenger, Cargo & Baggage
- Automotive Demand for 5G Infrastructure for Airport
- Retail Communication & Security
- Smart Connected Airports
- 5G Infrastructure for Aircraft
- Drone Operations
- Flight Operations
- Connected Aircrafts
- 5G Infrastructure for Airport
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
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Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key reasons to buy the Global 5G in Aviation Market report:
- The latest report comprehensively studies the global 5G in Aviation market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products & services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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