How big is the Aviation 5G Market?

The Aviation 5G Market size is expected to reach USD 7.80 billion in 2024 and grow at a CAGR of 6.49% to reach USD 10.67 billion by 2029. Read More

What is the current Aviation 5G Market size?

In 2024, the Aviation 5G Market size is expected to reach USD 7.80 billion. Read More

Who are the key players in Aviation 5G Market?

Telefonaktiebolaget LM Ericsson , SK Telecom Co. Ltd , KT Corporation, Deutsche Telekom AG and GOGO LLC are the major companies operating in the Aviation 5G Market. Read More

Which is the fastest growing region in Aviation 5G Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Aviation 5G Market?

In 2024, the North America accounts for the largest market share in Aviation 5G Market. Read More

What years does this Aviation 5G Market cover, and what was the market size in 2023?

In 2023, the Aviation 5G Market size was estimated at USD 7.32 billion. The report covers the Aviation 5G Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Aviation 5G Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

5G Market in Aviation Market Share

Statistics for the 2023 & 2024 5G Market in Aviation market share, created by Mordor Intelligence™ Industry Reports. 5G Market in Aviation share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of 5G Industry in Aviation

The 5G market in aviation is moderately competitive and consists of several major and emerging players. In terms of market share, some of the major players currently dominate the market. However, with the advancement in the frequency band, thereby growing application in the aviation sector, new players are increasing their market presence, expanding their business footprint across emerging economies.

In October 2022, Banyan Air Service announced the beginning of provisioning aircraft in the southeastern United States for Gogo's forthcoming 5G service. These aircraft include a Bombardier Global 5000, Embraer Legacy 600, Gulfstream G550, and numerous other business aircraft. Gogo 5G is expected to deliver around 25 Mbps average speed, with peak speeds up to 80 Mbps.