The increase in the use of smart devices and Internet of Things in airports is a key driver for the growth of global 5G in the aviation market.
— Emerging research
VANCOUVER, BC, CANADA, July 28, 2022 /EINPresswire.com/ — The Global 5G in the aviation market the size is expected to reach USD 9.98 billion at a stable CAGR of 54.3% in 2028, according to the latest analysis from Emergen Research. The market revenue growth is driven to a large extent by increasing demand for faster internet speeds and increasing usage of smart devices. The increasing focus on new technologies such as 5G, Wi-Fi 6 and artificial intelligence (AI) to increase efficiency and improve the passenger experience in air travel are other key factors that are expected to drive the market revenue growth in the future.
The 5G in Aviation market research report provides all the insights related to the industry. It gives the market insights by giving its client authentic data which helps them to make essential decisions. It provides an overview of the market which includes its definition, applications and developments, and manufacturing technology. This 5G in Aviation Market research report tracks all the recent developments and innovations in the market. It gives the data regarding the hurdles while establishing the business and guides to overcome the upcoming challenges and hurdles.
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Some highlights of the report
In February 2020, Nokia deployed a private 5G wireless network for a virtual inspection trial for Lufthansa Technik, which is a global provider of aviation technical services. The super-fast 5G network will eliminate the need for customers to physically attend maintenance by enabling seamless video access to the engine overhaul shop. This application leverages the use of a fast and secure 5G private wireless network to help improve productivity, operational efficiency and service.
Small cells use short-range, low-power wireless transmission systems that cover small proximity areas. Small cells have the ability to handle high data rates for mobile and broadband consumers, for IoT, and high densities of low-power, low-speed devices. This feature makes it ideal for 5G deployment which guarantees ultra-speed and millisecond latencies.
Enhanced Mobile Broadband (eMBB) is an evolution of current 4G networks that will provide faster data speeds and better user experience than existing mobile broadband services. eMBB will enable faster downloading, in-flight entertainment, real-time video streaming, real-time air traffic alerts, and super-fast internet access for latency-free cloud access.
This 5G in Aviation research report sheds light on the key market players thriving in the market; it tracks their business strategies, financial status, and upcoming products.
Some of the major companies influencing this market include:
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 communication infrastructure, technology, end-use, and region:
Communications Infrastructure Outlook (Revenue, USD Billion; 2018-2028)
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 the airport
Health Air Traffic Control/Air Traffic Management
Passenger, Cargo and Baggage
Airport 5G Infrastructure Automotive Demand
Communication and retail security
Smart connected airports
5G infrastructure for aircraft
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Firstly, this 5G in Aviation research report introduces the market by providing an overview including definition, applications, product launches, developments, challenges, and regions. The market is expected to show strong development thanks to stimulated consumption in various markets. An analysis of current market designs and other basic characteristics is provided in the 5G in Aviation report.
An assessment of the attractiveness of the market with regard to the competition that new players and products are likely to present to older ones has been provided in the publication. The research report also mentions the innovations, new developments, marketing strategies, branding techniques, and products of key players present in the global 5G Aviation Market. To present a clear view of the market, the competitive landscape has been thoroughly analyzed using value chain analysis. The opportunities and threats present in the future for the major market players have also been highlighted in the publication.
This report aims to provide:
A qualitative and quantitative analysis of current trends, dynamics and estimates from 2021 to 2028.
Analytical tools such as SWOT analysis and Porter’s five forces analysis are used to explain the ability of buyers and suppliers to make profit-oriented decisions and strengthen their business.
The in-depth market segmentation analysis helps to identify existing market opportunities.
All in all, this 5G in Aviation report saves you time and money by providing unbiased information under one roof.
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The global 5G in aviation market size is expected to reach USD 9.98 billion at a stable CAGR of 54.3% in 2028