Published on : Sep 06, 2018
Albany, New York, September 6, 2018: In-flight Wi-Fi primarily refers to onboard internet service offered on aircraft that can be accessed by passengers through personal electronic devices like tablets, smartphones and laptops. Over the years, the in-flight Wi-Fi market at the global level is witnessing noteworthy growth as a result of increasing consumer preference towards high bandwidth applications such as high definition videos, on-demand video streaming as well as surfing media-rich web pages during travelling by flight. Market Research Hub (MRH) has added a new research report titled “Global In-Flight Wi-Fi Services Market Size, Status and Forecast 2018-2025”, to its online database that discusses the current & future status of the global market during the forecast period until 2025.
According to research findings, the global In-Flight Wi-Fi Services market size in 2017 was 3900 million US$, and is expected to climb up to 13100 million US$ by 2025-end. At this pace, the concerned market is likely to rise at a CAGR of 16.3% during the stated forecast period. It has been analyzed that, airlines are progressively switching towards better Wi-Fi services, mostly satellite-based broadband services that offer high internet speed. In addition, airlines are also gradually replacing their existing systems with improved Wi-Fi system, so as to fulfill the changing passenger demands. At present, there are different versions of Wi-Fi systems available based on the type of aircraft.
The later section of the report discusses the market segmentation based on type which includes air-to-ground technology and satellite technology. Furthermore, the market bifurcation based on application comprises of commercial and military. Geographically, the major regions studied in the report are Europe, United States, Japan, China, India, Central & South America and Southeast Asia. The research offers a separate section focusing on the growth trends which includes information related to industry trends, market drivers and market opportunities. It is expected that, the prime key trends will predominantly impact the target market in the coming year. These developments are related to growth in number of air travelers as well as Wi-Fi connectivity preferences. The availability of In-Flight Wi-Fi facility is a huge benefit for air passengers to access online service, manage basic browsing and stay connected using cell phones via emails, voice calls and SMS or MMS.
The final section profiles the key players operating in the global In-Flight Wi-Fi services market such as Echostar Corporation, GOGO Llc, Global Eagle Entertainment Inc., Honeywell International Inc., Viasat Inc., Panasonic Avionics Corporation, Thales Group, Sitaonair, Kymeta Corporation and Thinkom Solutions Inc.
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