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5G in Aviation Market Size Worth US$ 6.3 billion by 2030

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The global 5G in Aviation market size is expected to be worth around US$ 6.3 billion by 2030, according to a new report by Vision Research Reports.

The global 5G in Aviation market size was valued at US$ 1.2 billion in 2020 and is anticipated to grow at a CAGR of 54.6% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 6.3 Bn by 2030
Growth Rate CAGR of 54.6% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Connectivity Type, Communication Infrastructure, Application, End-use
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned  Honeywell International, Inc. (US), Huawei Technologies Co., Ltd (China), Ericsson (Sweden), Nokia (Finland), Cisco Systems, Inc. (US), Panasonic Avionics Corporation (US), GOGO LLC (US), Global Eagle (US), OneWeb (UK), SmartSky Networks, LLC (US)

Growth Factors

 The Global 5G in Aviation Market is expected to register significant growth during the forecast period owing to factors such as the rising demand for high-speed Internet connectivity on board, increasing air passenger traffic across the globe, and focus on flight experience. Furthermore, the modernization and development of airports in developing countries such as China and India are expected to drive Market  growth. However, issues related to sharing spectrum bands and high costs involved in the development of 5G infrastructure might hamper the growth of the Market .

Key Players

 Honeywell International, Inc. (US), Huawei Technologies Co., Ltd (China), Ericsson (Sweden), Nokia (Finland), Cisco Systems, Inc. (US), Panasonic Avionics Corporation (US), GOGO LLC (US), Global Eagle (US), OneWeb (UK), SmartSky Networks, LLC (US)

Market Segmentation

  • By Connectivity Type
    • Ground-to-Ground Communication
    • Air-to-Ground Communication
  • By   Communication Infrastructure
    • Small Cells
    • DAS
  • By Application
    • Airport Operations
    • Airline Operations
  • By End-Use
    • Airports
    • Aircraft
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
      • France
    • Asia Pacific
      • China
      • Japan
      • India
    • South America
      • Brazil
    • Middle East & Africa (MEA)

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Daksh

Daksh is an SEO Analyst having 3 years of experienced. we can quickly understand and support initiatives that will contribute to the goals and success of client campaigns. and also Perform keyword research in coordination with client business objectives to optimize existing content and uncover new opportunities.

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