Press release
Connecting the Skies : Global Opportunities and Industry Forecast for 5G in Aviation (2021-2030)
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/7468
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Cisco Systems, Inc.,
Gogo Inc.,
Huawei Technologies Co., Ltd.,
Inseego Corp.,
Nokia Corporation,
OneWeb,
Panasonic Avionics Corporation,
Qualcomm Technologies, Inc.,
Smartsky Networks, LLC,
Telefonaktiebolaget LM Ericsson.
The growth of the global 5G in aviation market is driven by growth in air passenger traffic across the globe, rise in inclination toward R&D activities for 5G network and related technology development, and changing aviation industry outlook. Furthermore, growth in smart airports development activities and advancement of the commercial aircraft for improved safety, convenience and efficiency are anticipated to support the growth for 5G in aviation in the near future. In 2020, by considering the communication infrastructure of the 5G in aviation, Small cell has witnessed leading market share. Moreover, eMBB technology based 5G in aviation is expected to witness a leading market growth and dominate the market share by end of the forecast period.
In addition, market participants are entering into long term agreements and contracts with end users such as aviation industry players to gain competitive advantage in the global market. North America dominates the 5G in aviation market in the year 2020. The U.S., Germany, the UK, China, and India are expected to be the emerging countries in the global 5G in aviation market. The global 5G in aviation market is a fairly consolidated market with limited number of players operating in the global market. Majority of the market participants are strategically involved in agreement, collaboration, contract, investment, partnership, product development, and product launch.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/5g-in-aviation-market/purchase-options
The COVID-19 health crisis has adversely impacted international and domestic business aviation travel that adversely and materially affected business operations in 2020. The spread of the COVID-19 pandemic has negatively impacted the global 5G in aviation market, owing to commute restrictions, and is expected to weaken the financial performance of the market players in 2020. It has impacted the overall economy, and contributors such as market participants are formulating strategic cost-saving plans. In addition, this industry is governed by several regulations and all technologies have to pass strict standards set by global aerospace associations, and development of aviation 5G infrastructure. Owing to these factors, adoption of 5G technology is in early phases in the aerospace industry.
๐๐๐๐๐-๐๐ ๐ฌ๐๐๐ง๐๐ซ๐ข๐จ :
The outbreak of the COVID-19 pandemic has had a negative impact on the global 5G in aviation market.
There was a significant decline in the supply of 5G technology for airport and aircraft applications during the initial phase of the pandemic.
Moreover, COVID-19 health crisis led to a lot of complexities in transportation as airports across the globe were facing bottlenecks in operational processes.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/7468
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐๐ ๐๐ก๐ ๐๐ญ๐ฎ๐๐ฒ
By communication infrastructure, the small cell segment is expected to register significant growth during the forecast period.
By technology, eMBB segment is projected to lead the global market in terms of market share by the end of the forecast period.
By end use, the airport segment is projected to lead the global market, in terms of market share, by the end of the forecast period.
By region, North America dominated the global 5G in aviation market in 2020 in terms of market share.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
Aviation Analytics Market : https://www.alliedmarketresearch.com/aviation-analytics-market
IoT in Aviation Market : https://www.alliedmarketresearch.com/iot-in-aviation-market-A06425
Aviation Augmented and Virtual Reality Market : https://www.alliedmarketresearch.com/aviation-augmented-and-virtual-reality-market-A09052
๐๐จ๐ง๐ญ๐๐๐ญ :
David Correa
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