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.
5G in Aviation Market Leaders
Telefonaktiebolaget LM Ericsson
SK Telecom Co. Ltd
KT Corporation
Deutsche Telekom AG
GOGO LLC
*Disclaimer: Major Players sorted in no particular order
