5G in Aviation Market - Global Opportunities and Forecast, 2020-2027

 

The report prepared by the GMI Research includes an in-depth analysis of the global market and a thorough research undertaken by the analysts. An extensive study of this market alongside the fundamental aspects that may influence the commercialization graph of this industry has been given in the study. The market study covers various aspects such as geographical growth opportunities, market size, and important vendors in the market, driving factors, segmental evaluation, constraints, and competitive landscape.

Top Companies of the 5G in the Aviation Market:

·         Huawei Technologies Co., Ltd.

·         Telefonaktiebolaget LM Ericsson

·         Nokia Corporation

·         Cisco Systems, Inc.

·         Panasonic Avionics CorporationGogo LLC

·         Global Eagle Entertainment

·         OneWeb

·         AeroMobile Communications Limited

·         SmartSky Networks

·         Inseego Corp.

·         Intelsat Corporation

·         SmartSky Networks, LLC

Drivers of the 5G in the Aviation Market:

The key drivers accelerating the growth of 5G in the aviation market are the growing demand for enhancing flight experience, rising requirement for fast internet connectivity at airport & aircraft, and the growing use of 5G on the Internet of Thing (IoT). In addition to this, the growing demand for predictive, prescriptive, and condition-based maintenance using information shared by connected aircraft is further fuelling the growth of the market. Furthermore, increasing inclination towards smart cabins and the rising trend of drone delivery and air taxis are some factors bolstering the growth of the market in the upcoming years. On the other hand, high investment costs for developing 5G infrastructure and technology constraints to support consistent high-speed connections will hinder the growth of the market in the upcoming years.

Segmentation of the 5G in the Aviation Market:

By Component:

·         Software

·         Services

By Deployment:

·         On-Cloud

·         On-Premise

By Industry:

·         Retail

·         Manufacturing and Logistics

·         BFSI

·         IT and Telecommunication

·         Others 

By Region:

·         North America

o   United States of America

o   Canada

 

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

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