Published on : Feb 13, 2019
Albany, New York, February 13, 2019: Backed by a flourishing aviation industry and corresponding rise in IT infrastructure development in the aviation vertical, on-board connectivity market is poised to witness impressive growth in forthcoming years.
Lucrative prospects in commercial transportation services is also accounted to aid substantial progress in on-board connectivity market. In its recent report addition titled, 'On-board Connectivity Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026', Market Research Hub (MRH) gauges recent market advances and evaluate their reciprocal implications on holistic growth curve of on-board connectivity market.
Leading Vendors Bank upon IoT and Wireless Connectivity to Diversify Offerings
On the back of growing market for portable electronic devices and greater adoption of such devices by air passengers, leading service operators in on-board connectivity market are investing in technological novelties to sustain reasonable growth. Emergence of bespoke technologies such as wireless connectivity, IoT, and check-in kiosks are some of the potential areas which are attracting massive investor spending. Service providers are entering into strategic deals and investment policies to remain consistent and ensure sustained revenue pools.
Honeywell Upgrades its On-board Connectivity Offerings with Novel In-Flight Connectivity in Africa
Honeywell International Inc. has recently upgraded its on-connectivity offerings with the addition of JetWave satellite communication hardware for African region that is aimed at offering high speed in-flight Wi-Fi connectivity. The development is a novel one and is expected to position Honeywell International Inc. lucratively on the growth curve besides fuelling significant growth in on-board connectivity market.
Aviation Transportation Segment to Remain Highly Lucrative through the Forecast Span
This comprehensive research report on on-board connectivity market assesses the market at both global and regional levels in terms of both historical as well as current market performance figures to determine adequate forecast figures. The report commences with a detailed executive summary encompassing a crisp market definition followed by market dynamics section comprising macro and microeconomic factors that shape growth in on-board connectivity market.
To allow readers gain crucial understanding about prevalent market spectrum, this report in its subsequent sections also includes a detailed chapter on market segments based on which transportation and application have been accounted as core market segments. In terms of transportation board on-connectivity market is classified into aviation, maritime, and railways. Based on application the market is broadly classified into entertainment, monitoring, and communication.
North America to Demonstrate Exceptional Growth Potential in the Coming Years
Further in the trailing sections of the report readers are also presented with decisive understanding on prevalent regional segregation based on which Europe, North America, South America, Asia-Pacific, and Middle East and Africa are identified as core regional belts.
Competition Deep-Dive: On-board Connectivity Market
Thorough research postulates articulated in the report allow readers to gauge new developments in the competition spectrum, highlighting potential forerunners in on-board connectivity market. Each of the mentioned profiles has been assessed meticulously on the basis of core industry parameters and a SWOT analysis has also been tagged to evaluate the efficacy of winning marketing strategies employed by lead vendors across regions and their reciprocal implications in holistic growth curve of on-board connectivity market.
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