5G Market in Aviation Revenue Growth, Top Companies, Regional Outlook & Global Forecast - PowerPoint PPT Presentation

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5G Market in Aviation Revenue Growth, Top Companies, Regional Outlook & Global Forecast

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The growing demand for better flight experience and the need for fast internet connectivity at airports and aircraft is expected to drive the market in the coming years. – PowerPoint PPT presentation

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Title: 5G Market in Aviation Revenue Growth, Top Companies, Regional Outlook & Global Forecast


1
  • 5G Market in Aviation Revenue Growth, Top
    Companies, Regional Outlook Global Forecast

2
  • Scope of The Report
  • Research report categorizes the 5G Market in
    Aviation based on End Use, Technology,
    Communication Infrastructure, 5G Services by
    region.
  • By End Use
  • 5G Infrastructure for Aircraft
  • Airport
  • By Technology
  • eMBB
  • FWA
  • URLLC/MMTC
  • By 5G Services
  • Aircraft Operations
  • Airport Operations

And More
3
  • Challenges In 5G Market in Aviation

With regard to the 5G market in aviation, in
2018, Air France (France) anticipated the initial
cost of deploying 5G to range between USD 5
million and USD 6 million in aircraft, and
between USD 4 million and USD 5 million at
airports. The cost of deployment is high, owing
to the lack of availability of infrastructure
that would support 5G in the current market. For
instance, 4G connectivity is provided through a
low-band spectrum ranging between a width of 5 to
10 megahertz (MHz). 5G, which is estimated to be
10 times faster than 4G, would require spectrum
bands with a width more than 200 MHz. Therefore,
the huge investment requirement is one of the
major challenges for the 5G market in aviation.
4
Key Segments
The global 5G market in aviation is estimated to
be USD 0.5 billion in 2021 and is projected to
reach USD 3.9 billion by 2026, at a CAGR of 52.7
from 2021 to 2026.
1
The growing demand for better flight experience
and the need for fast internet connectivity at
airports and aircraft is expected to drive the
market in the coming years.
2
Browse 70 market data Tables and 40 Figures
spread through 130 Pages and in-depth TOC on "5G
Market in Aviation - Global Forecast to 2026"
3
Increasing demand for predictive, prescriptive,
and condition-based maintenance through data
shared by connected aircraft is also anticipated
to propel the growth of 5G market in aviation
over the forecast period.
4
5
The market growth in this region is primarily due
to the increase in air passenger traffic from
countries such as India, China, Japan, and other
parts of the APAC region, along with the rising
demand for better passenger experience. According
to CAPA, four out of ten carriers with most long
routes belong to APAC.
5
  • 5G Market in Aviation Growth Rate

2026
2021
CAGR of 52.7 
Market Size of 0.5 Billion
Market Size of 3.9 Billion
6
  • Key Vendors

Vendors
  • Ericsson (Sweden)
  • Nokia (Finland)
  • Cisco Systems (US)
  • Panasonic Avionics Corporation (US)
  • Huawei Technologies Co. Ltd. (China)
  • Gogo LLC (US)
  • Global Eagle Entertainment (US)
  • Aeromobile Communications (UK)

View Report Here - https//www.marketsandmarkets.c
om/Market-Reports/5g-market-aviation-152979610.htm
l
7
  • Top Region..
  • North America
  • Europe
  • Asia Pacific
  • Middle East
  • ROW

View Report Here - https//www.marketsandmarkets.c
om/Market-Reports/5g-market-aviation-152979610.htm
l
8
  • Key Questions Answered in Our Report
  • 1. How has the market shaped up? Historic trends,
    early adopters, regulation, tipping point etc.

2. What are the burning issues? How can they be
addressed?
3. What will your New Revenue Sources be?
4. Which regions will offer the most promising
opportunities?
5. Who are the leading players in this market?
What strategies are they adopting to stay ahead
of competition?
6. How will the market shape up in next five
years? competition?
9
  • MarketsandMarkets Value Proposition

How are we different?
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  • In-depth analysis of patents profiles of key
    market players providing a competitive landscape
  • Market data for segments such as technologies,
    services applications across geographies
  • High level analysis of major market segments and
    identification of opportunities

10
  • MarketsandMarkets Delivery Model

Here's how we can help you...
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    structures, Drivers and Competitive Landscape

11
  • MarketsandMarkets Our Expertise

Our Expertise
  • Compelling Business cases Market size Estimations
  • Company Market Best Practices
  • Entry or Go-To-Market strategies
  • Market Dynamics, Positioning and Segmentations
  • Competitive Landscaping and Benchmarking
  • Opportunity Analysis
  • Economic Forecasting
  • Industry-specific Technology solutions
  • Roadmap Analysis

12
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13
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14
  • Stay in touch

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Vendor landscape Industry Road Maps. Get Free
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