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The global aviation 5G market is expected to reach $500 million by 2021 and increase to $3.
9 billion by 2026, growing at a CAGR of 52.
7%, according to Markets and Markets, the world's second-largest market research firm
.
According to the report, aviation 5G technology will be further popularized in airport infrastructure, technology, communication infrastructure and services in the next few years, and in the final analysis, the increased demand for a better flight experience is the main reason for the
rapid growth of this market.
At the same time, the increased demand for predictability, prescriptiveness and maintenance through the sharing of data through connected aircraft will also promote the further popularization and application
of 5G technology in the aviation market.
From the end-use application segment, the demand for 5G infrastructure in aircraft will grow
at the highest rate during the forecast period.
5G infrastructure and services will be used for a variety of flight operations as well as drone operations, such as real-time data collection and monitoring, and in-flight entertainment
.
In terms of technology type, the ultra-reliable low-latency communication/large-scale machine-type communication (URLLC/MMTC) segment is expected to grow
at the highest CAGR from 2021 to 2026.
mMTC has been developed as part of 3GPP Release 13/14 Low Power Wide Area (LPWA) technology, covering NB-IoT, which will help develop potentially free end-to-end 5G connectivity
.
The growing demand for reliable and consistent end-to-end internet connectivity on board aircraft is expected to drive the growth
of URLLC/MMTC.
In terms of market region, Asia Pacific is expected to grow
at the highest CAGR during the forecast period.
The market growth in this region is mainly due to the increasing air passenger traffic from India, China, Japan, and other parts of the Asia-Pacific region
.
According to CAPA, 40% of the busiest routes belong to the Asia-Pacific region
.
With the increase in long-haul flights, there is a growing
need for a consistent fast internet connection throughout the duration of the flight.
This is a major factor
contributing to the growth of the 5G market in the aviation industry in the region.
From the perspective of technology service providers, Cisco Systems (US), Panasonic Avionics Corporation (US), Gogo LLC (US), Global Eagle Entertainment (US), ONEWEB (US), Smartsky Networks (US), Inseego Corp (US) and Intelsat (US), Ericsson (Sweden), Nokia (Finland), Aeromobile Communications (UK), Huawei Technologies (China) will be the main market players with a strong product offering
.
The global aviation 5G market is expected to reach $500 million by 2021 and increase to $3.
9 billion by 2026, growing at a CAGR of 52.
7%, according to Markets and Markets, the world's second-largest market research firm
.
According to the report, aviation 5G technology will be further popularized in airport infrastructure, technology, communication infrastructure and services in the next few years, and in the final analysis, the increased demand for a better flight experience is the main reason for the
rapid growth of this market.
At the same time, the increased demand for predictability, prescriptiveness and maintenance through the sharing of data through connected aircraft will also promote the further popularization and application
of 5G technology in the aviation market.
From the end-use application segment, the demand for 5G infrastructure in aircraft will grow
at the highest rate during the forecast period.
5G infrastructure and services will be used for a variety of flight operations as well as drone operations, such as real-time data collection and monitoring, and in-flight entertainment
.
In terms of technology type, the ultra-reliable low-latency communication/large-scale machine-type communication (URLLC/MMTC) segment is expected to grow
at the highest CAGR from 2021 to 2026.
mMTC has been developed as part of 3GPP Release 13/14 Low Power Wide Area (LPWA) technology, covering NB-IoT, which will help develop potentially free end-to-end 5G connectivity
.
The growing demand for reliable and consistent end-to-end internet connectivity on board aircraft is expected to drive the growth
of URLLC/MMTC.
In terms of market region, Asia Pacific is expected to grow
at the highest CAGR during the forecast period.
The market growth in this region is mainly due to the increasing air passenger traffic from India, China, Japan, and other parts of the Asia-Pacific region
.
According to CAPA, 40% of the busiest routes belong to the Asia-Pacific region
.
With the increase in long-haul flights, there is a growing
need for a consistent fast internet connection throughout the duration of the flight.
This is a major factor
contributing to the growth of the 5G market in the aviation industry in the region.
From the perspective of technology service providers, Cisco Systems (US), Panasonic Avionics Corporation (US), Gogo LLC (US), Global Eagle Entertainment (US), ONEWEB (US), Smartsky Networks (US), Inseego Corp (US) and Intelsat (US), Ericsson (Sweden), Nokia (Finland), Aeromobile Communications (UK), Huawei Technologies (China) will be the main market players with a strong product offering
.
