Global 5G in Aviation Market is valued at approximately USD 1.06 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 22.80% during the forecast period 2023-2030. 5G in 5G in aviation refers to the integration of fifth-generation wireless technology into the aviation industry, promising to revolutionize various aspects of air travel. With its high-speed, low-latency connectivity, 5G has the potential to enhance communication, navigation, and surveillance systems, leading to improved safety, efficiency, and passenger experiences. The deployment of 5G in aviation enables real-time data transmission, allowing aircraft to communicate seamlessly with ground control, other aircraft, and various airport systems. This can optimize air traffic management, reduce delays, and enhance overall operational efficiency. Moreover, 5G facilitates in-flight connectivity, enabling passengers to enjoy high-speed internet, streaming services, and other connected experiences while airborne. The 5G in Aviation Market is expanding because of factors such as an upsurge in airline passenger traffic, the development of autonomous ground vehicles for airport operations and the rising development of smart airports.

5G technology offers unprecedented data speeds and low latency, meeting the rising expectations of passengers for seamless and high-quality in-flight connectivity. The demand for real-time internet access, streaming services, and connected experiences during air travel has surged with the growing reliance on digital devices. Airlines are increasingly recognizing the significance of 5G in delivering improved in-flight entertainment, communication, and overall passenger experiences. This demand is not only driven by the desire for enhanced connectivity and by the airlines' strategic initiatives to differentiate their services and stay competitive in a dynamic aviation landscape. According to the data provided by the International Civil Aviation Organization (ICAO), airlines transported 4.3 billion passengers in 2018. Furthermore, projections indicate that the number of airline passengers is anticipated to surpass 10.0 billion by 2040. This substantial increase underscores the necessity for additional aircraft to accommodate the growing demand for point-to-point travel. As the aviation industry outlook evolves and air passenger preferences undergo changes, there is an increasing demand for advanced, high-bandwidth, real-time, and densely connected network solutions to enhance operational efficiency within the sector. In addition, rising government investment for the integration of 5G technology in the aviation industry and rising technological advancement on the IoT front and implementation of AI. However, rising data security concerns stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global 5G in Aviation Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022. Major contributors, including Cisco Systems, ANUVU, Gogo, Inseego Corp, Intelsat, Smartsky Networks, Panasonic Avionics, AT&T, T-Mobile, Sprint, Verizon, and Charter, are expected to play a significant role in propelling the growth of the 5G in the Aviation Market. The market dynamics are largely influenced by the growing demand for air travel and enhanced flight experience. The rising passenger traffic, both domestically and internationally, emphasizes the increased necessity for improved internet connectivity in airports and aircraft. Furthermore, the expansion of connected aircraft and the development of smart airports contribute significantly to the overall growth of the regional market. Asia Pacific is expected to grow at the fastest rate over the forecast period. The escalation in budget allocations for aviation infrastructure in China, Japan, and India, coupled with other Asia-Pacific nations, is anticipated to be a driving force for the 5G in the Aviation Market owing to the presence of key market players in the region. Meanwhile, Japan is actively prioritizing the development of 5G infrastructure at airports, aligning with government initiatives. In Australia, Telstra, the largest telecommunications company, has outlined plans to construct 180 5G-ready sites by 2019, significantly catering to the increasing demand for 5G connectivity infrastructure.

Major market player included in this report are:
AeroMobile Communications Limited
Cisco Systems Inc.
Telefonaktiebolaget LM Ericsson
ANUVU Inc. (Global Eagle Entertainment Inc.)
Gogo LLC
Huawei Technologies Co., Ltd.
Inseego Corp.
Intelsat Corporation
Nokia Corporation
OneWeb Ltd.
Recent Developments in the Market: