5G in Aviation Market Key Highlights:
- Market Size (2024): USD 1,098 Million
- Projected Market Size (2034): USD 10,728 Million
- CAGR (2024-2034): 25.6%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
5G in Aviation Market Definition
The 5G in aviation market is a crucial branch of the telecommunication industry. This industry deals in providing 5G services in the aviation sector. 5G in aviation is a wireless communication and networking solution that helps connect the aviation infrastructure and technologies that facilitate data exchange using latency-free networks. There are several components used in this industry, including hardware, software, and services. This industry uses several communication infrastructures, including small cell, RAN, and DAS. This market is expected to rise significantly with the growth of the aviation industry across the world.
The advancement in technologies such as FWA, URLLC/ mMTC, eMBB, and some others that are widely used in the aviation sector for enhancing 5G capabilities has boosted market growth. Also, the rise in the number of large and small airports in different parts of the world, along with increasing passenger traffic in several countries, is crucial for market expansion. Moreover, the surge in demand for sophisticated communication infrastructure at airports coupled with the rapid adoption of connected aircraft in advanced nations is expected to drive the growth of the 5G in aviation market. The advancements in-flight private 5G network along with increased emphasis on improved baggage control and instantaneous boarding pass scanning is expected to create opportunities for the market players in the upcoming years.
5G in Aviation Market Segmentation:
By Type
- Enhanced Mobile Broadband
- Fixed Wireless Access
- Others
By Application
5G in Aviation Market Companies:
- Oracle
- Teradata
- IBM
- MapR
- Cloudera
- Qubole
- Adastra
- Gemini Data
- DvSum
- Denodo
- Zaloni
- Datrium
For any questions about this dataset or to discuss customization options, please write to us at sales@statifacts.com
