New York, According to a new market research report published by Global Insight Services “5G in Aviation Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
5G in aviation is a new technology that promises to revolutionize the aviation industry. It is a wireless communication standard that is faster, more efficient, and has lower latency than previous generations of wireless technology. 5G will enable airlines to offer passengers higher speeds for in-flight entertainment, as well as enhanced safety and security features. In addition, 5G will allow airlines to better manage their fleets and operations, leading to increased efficiency and lower costs.
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Key Trends
The key trends in 5G in Aviation technology are higher data rates, lower latency, and higher capacity.
5G technology is expected to provide data rates up to 20 Gbps, latency as low as 1 ms, and capacity up to 10 times that of 4G.
5G technology will also enable new applications such as augmented reality, virtual reality, and connected cars.
Key Drivers
The key drivers of 5G in the Aviation market are:
1) Increasing demand for higher bandwidth and higher data rates: With the increasing demand for higher bandwidth and higher data rates, 5G is expected to be a key driver for the aviation market.
2) Enhancing operational efficiency and reducing costs: 5G is expected to help aviation industry players enhance operational efficiency and reduce costs.
3) Supporting new applications and services: 5G is expected to support new applications and services in the aviation industry, such as air traffic management, inflight entertainment, and aircraft maintenance.
Market Segments
The 5G in aviation market is segmented by communication infrastructure, technology, end-use, and region. By communication infrastructure, the market is classified into small cells, distributed antenna systems, and radio access networks. On the basis of technology, it is bifurcated into MMTC, FWA, and others. Based on end-use, it is divided into airport, and aircraft. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.
Key Players
The global 5G in the aviation market includes players such as Cisco Systems Inc, Gogo Inc, Huawei Technologies Co Ltd, Inseego Corp, Nokia Corporation, OneWeb, Panasonic Avionics Corporation, Qualcomm Technologies Inc, Smartsky Networks LLC, Telefonaktiebolaget LM Ericsson, and others.
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Reasons to buy 5G in Aviation Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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