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HYDERABAD, TELANGANA, TELANGANA, February 7, 2023 /einpresswire.com / -- IndustryARC, in its latest report, predicts that 5g small cell in aviation market is estimated to reach $3.7 billion by 2026, witnessing a CAGR 31.2% from 2021 to 2026. Growing demand for high-speed internet connectivity in aviation sector along with the increasing shift towards digitalization with internet of things based connected devices with airports emerge as the potential market drivers capable of influencing the 5G Small Cell in Aviation industry. Compared to distributed antenna systems, small cell technology offers easy and cost-effective installation, which is set to drive its demand in the aviation industry. The report offers an extensive analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more.
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Key Takeaways:
This IndustryARC report on the 5G Small Cell in Aviation Market highlights the following areas –
1.Increasing shift towards digitalization along with growing demands for high speed internet connectivity services is analysed to significantly drive the 5G Small Cell in Aviation market during the forecast period 2021-2026.
2.5G small cells with indoor deployment segment is anticipated to grow with the highest CAGR during 2021-2026, attributing to factors such as high network connectivity, rise of R&D activities with others.
3.APAC is analysed to account for the fastest growing region during the forecast period, due to growing adoption of transforming aviation sector, governmental initiatives towards implementation of 5G infrastructures and many more.
Segmental Analysis:
By Deployment Model:
Based on deployment model, Indoor segment is analysed to grow with the highest CAGR of 11.7% in the global 5G Small Cell in Aviation market during the forecast period 2021-2026. 5G small cells for indoor deployment have been gaining wide popularity across the aviation sector owing to improving better network coverage, high network connectivity and so on through public Wi-Fi services.
By End Users:
Airport Infrastructures is analyzed to account for the highest CAGR of around 7.9% in the global 5G Small Cell in Aviation market during the forecast period 2021-2026. Implementation of 5G technology due to offering high speed internet connectivity for its passengers as well as its work operations is growing significantly.
By Geography:
APAC region is anticipated to account for the fastest growing region with a CAGR of 6.5% in the global 5G Small Cell in Aviation market during the forecast period. Factors such as growing investments towards modernizing airports, technological advances including internet of things and artificial intelligence, increasing demands for faster internet facilities overtime have been eventually impacting the growth of 5G small cells in aviation sector.
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Competitive Landscape:
The top 5 players in the 5G Small Cell in Aviation Industry are -
1.Ericsson
2.Qualcomm Technologies Inc.
3.Cisco Systems
4.Gogo
5.ip.access Limiteda
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