According to Fortune Business Insights™, the global 5G in aviation market size was USD 0.35 billion in 2020. The market is projected to grow from USD 0.54 billion in 2021 to USD 9.92 billion in 2028 at a CAGR of 47.03% in 2021-2028 in its report, titled, “5G in Aviation Market Size, Share, 2021-2028.”

As per our analysts, aviation 5G is a fundamental wireless network and communication system joining the aviation substructure and technologies, which produce and transmit data to their users. The fifth-generation mobile setups largely commercialize wireless communication and interacting technology by substituting 4G LTE hardware and communication infrastructure. The enhancement from the 4G LTE network to 5G connectivity assures to transform the internet to be quicker than the preceding technologies.

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝟓𝐆 𝐢𝐧 𝐀𝐯𝐢𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭

• AeroMobile Communications Limited (U.K.)
• Cisco Systems Inc. (The U.S.)
• Telefonaktiebolaget LM Ericsson (Sweden)
• ANUVU Inc. (Global Eagle Entertainment Inc.) (U.S.)
• Gogo LLC (U.S.)
• Huawei Technologies Co., Ltd. (China)
• Inseego Corp. (U.S.)
• Intelsat Corporation (U.S.)
• Nokia Corporation (Finland)
• OneWeb Ltd (U.K.)
• Panasonic Avionics Corporation (U.S.)
• SmartSky Networks LLC (U.S.)

Information Source:

https://www.fortunebusinessinsights.com/industry-reports/5g-in-aviation-market-101778

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

Based on platform, the 5G in aviation market is segregated into 5G airports and 5G aircraft. The 5G airport segment holds the maximum market share in the 5G in aviation market. The growth of this section is anticipated to rise owing to the rising demand for improved Wi-Fi connectivity for customers. In terms of region, the market is separated into North America, Europe, Asia Pacific, the Middle East & Africa, and rest of the world.