Examining 5G in Aviation Market Growth and Size for Strategic Decision-Making

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Surge in usage of smart devices and Internet of Things in airports is a key factor driving growth of global 5G in aviation market.

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.

This market intelligence assessment report weighs up on the potential region that reserves greater opportunities for this industry. Importantly, subject matter experts have taken into account every critical aspect right from the market size, share, and growth to the dramatic shift in the consumer behaviour and their growing spending capacity. The industry assessment study depicts a perfectly clear picture of both the past and the future trends to offer the stakeholders, business owners, and marketing executives an opportunity to zero in on an effective marketing strategy and boost sales.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the 5G in Aviation market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

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

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Emergen Research has segmented the global 5G in Aviation market on the basis of type, application, end-use, and region:

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
      1. Healthcare Air Traffic Control/Air Traffic Management
      2. Agriculture Passenger, Cargo Baggage
      3. Automotive Demand for 5G Infrastructure for Airport
      4. Retail Communication Security
      5. Smart Connected Airports
    • 5G Infrastructure for Aircraft
      1. Drone Operations
      2. Flight Operations
      3. Connected Aircrafts

The various regions analyzed in the report include:

  • 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 Objectives of the Report:

  • Analysis and estimation of the 5G in Aviation Market size and share for the projected period of 2022-2030
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global 5G in Aviation Market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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