Product ID: SQMIG50C2018
Global 5G in Aviation Market Size, Share, Growth Analysis, By Application(In-flight connectivity, airport operations) - Industry Forecast 2024-2031
Report ID:
SQMIG50C2018 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
36 |
Figures:
74
Global 5G in Aviation Market Insights
Global 5G in Aviation Market size was valued at USD 0.76 billion in 2022 and is poised to grow from USD 1.12 billion in 2023 to USD 24.51 billion by 2031, at a CAGR of 47.1% during the forecast period (2024-2031).
The growth of air passenger traffic, the increasing application of connected technologies like the Internet of Things (IoT) in the aviation sector, and the rising demand for fast Internet connectivity and improved flight experience services are some of the key factors driving the 5G market in aviation. 5G application is receiving significant investments from various industries globally, and in the aviation industry, it is gaining traction due to the growing number of passengers and their demand for more bandwidth and faster internet speeds. Airline companies and airport stakeholders are also seeking seamless, secure, and high-speed connectivity to enhance the overall passenger experience and support essential technologies. The adoption of IoT is becoming increasingly prevalent in the aviation industry as part of the global digitalization trend. The IoT networks in airports and other aviation facilities require high-speed communication networks, thereby driving the demand for 5G application. For example, Schiphol Airport in the Netherlands utilizes approximately 70,000 sensors to collect real-time information on elevator and walkway performance. Wearables can also be employed in airports to enhance operational efficiency. Cincinnati/Northern Kentucky International Airport improved its facility management through a solution combining mobile devices, smart sensors, and a cellular network.
Industry associations are playing a crucial role in driving the adoption of 5G application in aviation, with a focus on providing better in-flight connected experiences for customers. The Seamless Air Alliance, composed of companies such as OneWeb, Airtel, GoGo, Sprint, Airbus, and Delta Airlines, aims to improve connectivity and enhance the passenger experience through collaborative efforts. The integration of 5G-connected Artificial Intelligence (AI) is expected to address major pain points in airports, border control, and other aviation facilities. For instance, AI can assist in matching passengers to their bags by recognizing unique characteristics such as scuff marks, creases, and material properties to differentiate seemingly identical bags and match them with the correct passengers. Furthermore, the automation of airports and other aviation facilities is becoming a reality thanks to the higher communication speeds enabled by 5G application. Combined with advanced technologies like AI and IoT, 5G has made significant advancements in the aviation sector. However, challenges such as potential interference with airplane altimeters and safety concerns related to 5G implementation in the aviation industry may impede market growth.
US 5G in Aviation Market is poised to grow at a sustainable CAGR for the next forecast year
Global 5G in Aviation Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
