Global 5G in Aviation Market Overview:
5G is the fifth generation of cellular mobile connections. This makes business more efficient and gives the consumer access to more information faster than ever before. It succeds the 4G (LTE-A, WiMax), 3G (UTMS, LTE) and 2G (GSM) systems. The performance of 5G targets high data rate, energy saving, reduced latency, higher system capacity, cost reduction, and massive device connectivity. 5G networks have ultra-fast data speed and transmission speed reach up to 10Gbps. With regards to this, utilization of 5G in aviation plays a vital role. 5G in the aviation industry is expected to facilitate various facilities to the customer which will include multiplayer 3D gaming, high definition VR content, wireless temperature sensors, inflight entertainment, quick luggage tracking with biometric passenger verification and more. The 5G technology will be utilized in the airport & aircraft and is expected to grow significantly in the near future. Some of the key players profiled in the study are Cisco Systems (United States), Gogo LLC (United States), Panasonic Avionics Corporation (United States), ONEWEB (United States), Ericsson (Sweden), Intelsat (United States), Aeromobile Communications (United Kingdom), Global Eagle Entertainment (United States), Inseego Corp (United States), Nokia (Finland), Smartsky Networks (United States) and Huawei Technologies Co. Ltd. (China).
On the basis of geography, the market of 5G in Aviation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. 5G Infrastructure of Aircraft will boost the 5G in Aviation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Communication Infrastructure, the sub-segment i.e. Small Cell will boost the 5G in Aviation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demand for a Better Experience By Customer
- Use of 5G in IoT
- Rising Demand for High-Speed Data and Huge Network Handling
- High Cost Required for Deployment of Network Services
- Focus Towards Smart Cabins
- Deployment of Flying Taxis & Delivery Drones
- Limits to Support Consistent High-Speed Connections
- Difficulty in Sharing Spectrum Bands
Major Market Developments:
In May 2019, Gogo, a leading global player of brand connectivity product and services for aviation announced to bring 5G to the North American skies starting in 2021. The new 5G service is designed to power faster in-flight Wi-Fi on smaller commercial airlines in the continental United States and Canada, those companiesí even smaller regional jets, and on business jets as well. Gogo will build the 5G network on its existing infrastructure of more than 250 towers and will use unlicensed spectrum in the 2.4GHz range, along with a proprietary modem and advanced beamforming technology. Gogo's 5G infrastructure will support all spectrum types (licensed, shared, unlicensed) and bands (mid, high, low), and will allow Gogo to take advantage of new advances in technology as they are developed.
Major Objectives Focused through this Study
To define, describe, and forecast the Global 5G in Aviation market on the basis of product [Enhanced Mobile Broadband, Fixed Wireless Access and Others] , application [Aircraft Operation and Airport Operation], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the 5G in Aviation market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the 5G in Aviation industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the 5G in Aviation market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.