5G in aviation to grow at over 50 percent CGAR

August 06, 2019 //By Jean-Pierre Joosting
5G in aviation to grow at over 50 percent CGAR
The latest report from MarketsandMarkets™ estimates the 5G aviation market to be USD 0.5 billion in 2021 and projects this market to reach USD 3.9 billion by 2026, at a CAGR of 52.7% from 2021 to 2026.

The demand for 5G infrastructure and services has been growing due to the rising demand for better flight experience. Increasing demand for predictive, prescriptive, and condition-based maintenance through data shared by connected aircraft is also anticipated to propel the growth of 5G market in aviation over the forecast period.

The report, "5G Market in Aviation by End Use…”, contends that based on end-use, 5G infrastructure for aircraft is expected to grow at the highest CAGR during the forecast period, owing to the rise in the development of smart connected aircraft across the globe. 5G infrastructure and services would be used in various flight operations as well as drone operations, such as real-time data acquisition and monitoring and in-flight entertainment.

Based on technology, ultra-reliable low latency communication/massive machine-type communications (URLLC/MMTC) is expected to grow at the highest CAGR during the forecast period. mMTC has been developed already as part of 3GPP Release 13/14 Low Power Wide Area (LPWA) technologies, which cover NB-IoT which would help in developing a latent free, end-to-end 5G connection. The rise in demand for a reliable and consistent end-to-end internet connection in aircrafts is expected to drive the growth for URLLC/MMTC.

Based on the region, the Asia Pacific 5G market in aviation is expected to grow at the highest CAGR during the forecast period. The market growth in this region is primarily due to the increase in air passenger traffic from countries such as India, China, Japan, and other parts of the APAC region, along with the rising demand for better passenger experience. According to CAPA, four out of ten carriers with most long routes belong to APAC. With the rise in long-haul flights, there is a growing demand for a fast internet connection that is consistent throughout the flight duration. This is a major factor boosting the growth of 5G market in aviation in this region.

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