According to Fortune Business Insights™, the global 5G in aviation market size was valued at USD 0.35 billion in 2020. The market is projected to grow from USD 0.54 billion in 2021 to USD 9.92 billion by 2028, exhibiting a CAGR of 47.03% during the forecast period 2021–2028.
5G in aviation represents a fundamental transformation in wireless communication infrastructure, enabling rapid data transfer across the aviation ecosystem. It replaces legacy 4G LTE systems and supports next-generation applications including IoT, Augmented Reality (AR), and Virtual Reality (VR), thus opening new growth avenues for digital aviation.
The 5G in aviation market is highly competitive with leading players focusing on partnerships, R&D, and innovation. These players are also expanding their service offerings and investing in large-scale deployments to gain a strategic edge.
Key Companies Covered:
These companies are leveraging joint ventures, strategic partnerships, and long-term contracts to expand their 5G solutions across aviation platforms.