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5G in Aviation Market Trends

Report ID: GMI9652
Published Date: May 2024
Report Format: PDF

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5G in Aviation Market Trends

Airlines are increasingly investing in enhancing in-flight connectivity to meet the growing passenger demand for seamless internet access and digital services. With the deployment of 5G technology, airlines are exploring new ways to offer faster, more reliable connectivity, enabling passengers to stay connected and productive during flights. The concept of connected aircraft, enabled by 5G technology, is gaining traction as airlines seek to improve operational efficiency, enhance safety, and deliver personalized services. Connected aircraft solutions leverage real-time data exchange between aircraft systems, crew, and ground operations to optimize flight operations, maintenance, and passenger services.

5G technology is accelerating digital transformation initiatives across the aviation industry, from airlines and airports to air traffic management organizations. This includes the adoption of advanced analytics, Artificial Intelligence (AI), and automation to optimize processes, improve decision-making, and enhance the overall passenger experience.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The 5G in aviation market was valued at over USD 844.9 million in 2023 and is estimated to register over 45% CAGR between 2024 and 2032, as it offers the potential for more precise navigation, communication, and surveillance capabilities in aviation.

The services component segment of the market held over 40% share in 2023 and will expand rapidly through 2032, as they enable the deployment, integration, and maintenance of technology solutions.

North America 5G in aviation market held over 30% revenue share in 2023 and will expand rapidly through 2032, driven by regulatory initiatives and spectrum allocation efforts.

Honeywell International, Inc, Huawei Technologies Co., Ltd, Ericsson, Nokia, Cisco Systems, Inc, Panasonic Avionics Corporation, and GOGO LLC. among others.