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)
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