In-Flight Wi-Fi Service Market 2023 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030
Page: 215 | Report Code: ICTM231222 | Research Suite: Report (PDF) & Market Data (Excel)
The market value of the in-flight WI-FI service market was valued at USD 8.1 billion in 2022, and a CAGR of 12.1% during the forecast period is expected. The increasing demand for connectivity and the increasing demand for connected devices are driving the growth of the market. Due to the widespread adoption of connected devices and the demand for seamless flight connectivity, the market is growing. The increasing air travel rate is another factor driving the growth of the market. Innovative connectivity solutions are in demand at the moment. The increasing enhancement in adoption of technology is driving the growth of the market. Internet facilities during the flight are the demand for the time. Increasing technological advancements had assured internet availability during the journey.
Impact of covid-19
COVID-19 had a
negative impact on the market due to the cancellation of flights all over the
world, the postponement of journeys by the people, and restrictions by the
countries for the people from other countries to come. After the pandemic got
over and flights were scheduled all over the world, the market started to
recover at its own pace. The increasing number of flights all over the world is
driving the growth of the market significantly post-pandemic. Post-pandemic,
there was an increased focus on contactless services, leading to a potential
surge in demand for reliable in-flight WI-FI for remote work. Airlines also
invested in enhancing their connectivity and offerings to meet the changing
needs of consumers. Increasing number of flights on economical rate is driving
the growth.
Growth Drivers
Technological advancement worldwide, an increasing number of flights worldwide, increasing demand for connectivity during flights, advancements in satellite communication technology, airline efforts to enhance passenger experience, and the rising trend of "bring your own device) are driving the growth of the market significantly. The expansion of airlines fleets equipped with WI-FI and the growing preference for seamless connectivity are contributing to the market’s growth. Increasing enhancements in the adoption of technology and growth in air travel are the key factors driving the growth of the market.
Innovative
connectivity solutions are the need of the hour; people unable to manage their
stay in flight without the internet are propelling the growth of the market.
Continuous advancements in satellite and communication technology are fostering
growth in the market. Integration of digital technologies into daily life is
the key factor driving the growth of the market. Increasing demand for
high-speed internet access during air travel is the key factor behind the
growth in the market. Increasing investment by airlines in advanced technologies
is driving the growth of the market significantly.
Segmentation
By Type
·
Wireless
·
Antenna
·
Wireless LAN Controller
·
Wireless Access Point
By Technology
·
Air to Ground
·
Satellite Technology
·
Ka-band
·
Ku-band
·
SBB
Regional Outlook
·
Asia Pacific
·
North America
·
Latin America
·
Europe
·
Middle East and Africa
In-Flight-WI-FI market Type Segmentation
On the basis of type, the in-flight wi-fi market is segmented into wireless, antenna, wireless LAN controller, and wireless access point. The in-flight wi-fi market is segmented into two categories: hardware and services. Hardware includes equipment like antennas and routers, while services encompass connectivity offerings provided by different service providers in the aviation industry. These segments play a vital role in shaping the in-flight WI-FI experience for passengers and are continually evolving to meet the demands of an increasingly connected world.
In-Flight-WI-FI market by Technology Segmentation
On the basis of
the technology, the in-flight wi-fi market is segmented into satellite
technology, antennas, Ka-band, Ku-band, and SBB. The connectivity established
by satellites offers wider coverage, especially in remote areas. Air-to-ground
technology utilizes ground-based cellular networks to provide connectivity to
aircraft. Hybrid systems combine both satellite and air-to-ground technologies
to maximize coverage and speed, ensuring a more reliable connection throughout
the flight. Each technology has its advantages and limitations, impacting
factors such as speed, coverage, and cost, thereby catering to different
airline requirements.
Regional Outlook
Key Players
·
Gogo INC
·
Echo Star Corporation
·
Global Eagle Entertainment INC
·
Thinkom Solutions INC
·
Panasonic Corporation
·
Thales Group
·
Honeywell International INC
·
Kymeta Corporation
·
ViaSat INC
·
Other Players
Global In-Flight Wi-Fi Service Market research report
presents a strategic analysis of the global In-Flight Wi-Fi Service Market and
a forecast for its development in the medium term, taking into account the
impact of COVID-19 on it.
This report delivers market size, regional and country
market data, segmentation growth, market share, competitive landscape,
company’s In-Flight Wi-Fi Service revenue analysis, strategies of domestic and
global market players, opportunities analysis, strategic market growth
analysis, and technological innovations. It analyses historical and current
market data to accurately gauge its future growth potential. This market report
provides in-depth analysis and insight of market drivers, challenges, trends
& opportunities. At the same time, comprehensive coverage of major vendors
(recent product development & industrial activities, company overview,
insights on business strategy & financial performance, company SWOT
analysis) is provided to give competitive overview. This study presents most
detailed (COVID-19 updated) and in-depth analysis about the global In-Flight
Wi-Fi Service market, covering all global regions and countries. The report
provides intricate dynamics for each of the countries covered, offering unmatched
value, accuracy and expert insights.
Report
Purpose
The purpose of the report is to portray the state of the
global In-Flight Wi-Fi Service Market and to present real and expert-verified
data and insights about the market values, volumes, dynamics, segmentation and
prices. It also offers forecast for the market development in the short and
medium term and the impact COVID-19 has and will have on it. Further, it covers
in-depth analysis of the key market players, industry trends and insights,
growth drivers and challenges and all other factors, influencing the growth of
market.
Scope
of the Report
The
report on the global In-Flight Wi-Fi Service Market presents:
·
Historical Data: Market data including
volume, growth rate, value, and dynamics; Market segmentation (by product, by
region and by country; etc.) for the last five years;
·
Strategic Insights for companies
looking to launch new products to diversify their business, exploring leading
countries to establish supply chain, and top countries to increase company export
and go global
·
Comprehensive Regional Market Data:
volume, growth rate, value, market share and dynamics of for the last five
years (broken down by region);
·
Market Dynamics: Analysis of the
factors impacting the market including demand drivers, industry trends and
challenges and the short and the medium-term impact of COVID-19 presently and
in near future;
·
Analysis and forecast for the global
economy and demographics;
·
Supply chain and value chain analysis,
risk analysis of supply side and demand side;
·
Market Forecast for next ten years
(market share, year-on-year growth, volume, value and segmentation by region);
·
Company profiling of key market players
covering company’s In-Flight Wi-Fi Service revenue, sales and market share;
·
Comprehensive coverage of competitive
landscape offering market positioning and snapshot of key business strategies;
·
Porter’s Five Forces analysis;
How Can
You Benefit from This Report?
In this
report you can:
·
Track and identify key market trends
and insights and key drivers behind recent market changes and see the impact
COVID-19 has and will have on the market in both the short and the medium term;
·
Get access to reliable and verified
market data, with which aids you to make confident business decisions;
·
Analysis of market numbers, such as
volume, value, forecasts, dynamics, segmentation and market structure – past,
present and future;
·
Gain competitive intelligence about the
market at low cost as compared to other reports;
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Understand growth potential countries
and regions, opportunities, growth drivers and barriers on the market;
·
Own data spreadsheet for comparison at
global, regional and for individual country, covered in the report;
·
Analyse countries with highest and
lowest demand for In-Flight Wi-Fi Service and countries in each region which
will grow at highest growth in next five years.
·
Strategically plan business strategy
based on verified market data and expert insights;
·
Identify revenue generation
opportunities in the countries and regions within the market;
·
Get market trend data of last 10 years
and how market growth will unfold in next ten years;
·
Market share analysis and positioning
of leading market players;
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intensity, fragmentation and environment and understand competitive threats;
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Extensive analysis of all required
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What
Kind of Decisions You Can Make Based on the Data in This Report?
This
report detailed and all-inclusive data on In-Flight Wi-Fi Service Market,
providing valuable support to make vital decisions regarding:
·
Strategic planning;
·
Industry analysis;
·
Target Market/Marketing and sales;
·
Regional and country assessment and
opportunity analysis;
·
Market entry into new product group or
country;
·
Pricing of existing and new products;
·
New product development and Innovation
in existing products;
·
Supply chain management;
·
Market evaluation;
·
Mergers, Expansions, Joint Ventures and
acquisitions.
Who Is
This Report for?
This
report is intended to give broad overview of market to people who already are
working on this market:
·
C-suite Level executives;
·
Directors;
·
Industry strategists;
·
Marketing professionals;
·
Business development professionals;
·
Product developers;
·
Product marketers and strategists;
·
Product managers;
·
Project managers;
·
Suppliers;
· Traders;
This
report also caters to people who are not involved in the market,
representatives of investors, consultants, advisors and financial institutions:
·
Management consultants;
·
Investment managers;
·
Financial professionals;
· M&A managers.
Regional
Coverage
The report on the global In-Flight Wi-Fi Service Market
breaks down the world into the following regions & countries and covers
every single one of them:
Report
Customization
If the report as is does not serve your market research needs, get it customized at free of cost, as per your own specific requirements. Feel free to contact us for more information!