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Global In flight Wifi (Entertainment) Market Analysis & Opportunity Outlook 2024

Published On : 11:15 PM, 27th May, 2018 REP-ID-140 Category: ICT & Electronics

In Flight Wi-Fi (Entertainment) Market Overview

In-Flight Wi-Fi refers to a revolutionary service that enables people to remain connected and updated with the latest activities all across the globe even while travelling above 3,000 meters in the air. Further, people can now access to internet and surf websites, view live TV, weather updates, news and much more while travelling above 30,000 feet in the air.

Market Size and Forecast

The global in-flight Wi-Fi market is anticipated to flourish at a CAGR of 14.5% during the forecast period 2017-2024. Further, the market of in-flight Wi-Fi was valued at USD 2.85 Billion in 2016 and is projected to garner USD 8.43 Billion by the end of 2024. The global in-flight Wi-Fi market is likely to be fuelled by increasing number of commercial aircrafts all over the world, which are anticipated to reach to 40,020 by 2032. Factor such as, rising penetration of smartphones and formulation of favorable guidelines by the aviation authorities is anticipated to drive the growth of the global in-flight Wi-Fi market over the forecast period.

In the regional market, North America is anticipated to account for a significant portion of market share in the overall market of in-flight Wi-Fi during the forecast period. Factors such as, rising advancement in technology is anticipated to fuel the growth of the in-flight Wi-Fi market over the forecast period. Further, U.S. is anticipated to be the largest in-flight Wi-Fi market in North America followed by Canada over the upcoming years.

In flight wi-fi market

Europe in-flight Wi-Fi market is expected to flourish at a significant rate over the forecast period. Factor such as, increasing adoption of air-to-ground technology is anticipated to drive the growth of the in-flight Wi-Fi market over the forecast period. Asia-Pacific in-flight Wi-Fi market is expected to witness substantial growth over the forecast period. Further, investments to develop efficient and cost-effective onboard connectivity technology by major industries is anticipated to increase the growth in-flight Wi-Fi market in Asia-Pacific during the forecast period. Furthermore, major countries such as India, China, and Japan are anticipated to drive the growth of the in-flight Wi-Fi market in Asia Pacific during the forecast period.

Based on hardware, in-flight Wi-Fi market is segmented into antenna, wireless LAN, access point controller device and wireless hotspot gateway, out of which, antenna is expected to dominate the overall in-flight Wi-Fi market during the forecast period.

Market Segmentation

Our in-depth analysis has segmented global in-flight Wi-Fi (Entertainment) market into the following segments:

By Hardware

  • Antenna
  • Wireless LAN
  • Access Point Controller Device
  • Wireless Hotspot Gateway
  • Other

By Services

  • Integration and Implementation
  • Network Planning and Design
  • Support
  • Other

By Technology

  • ATG (Air-to-Ground) Technology
  • Satellite Based Technology

By Region

Global in-flight Wi-Fi (Entertainment) market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Russia, Turkey, BENELUX, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Australia, New Zealand, Malaysia & Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and North Africa (GCC, Israel, North Africa, South Africa & Rest of Middle East) Market Size and Y-O-Y Growth Analysis

Global In flight wi-fi market size

Growth Drivers and Challenges

Factor such as, increasing penetration of smartphones across the globe is anticipated to intensify the growth of the global in-flight Wi-Fi market during the forecast period. Further, the number of passengers using in-flight Wi-Fi services using their smartphones is expected to increase the growth in-flight Wi-Fi market.

In addition, rise in tech savvy population is estimated to positively drive the growth of the in-flight Wi-Fi market over the forecast period. Moreover, with the rising inclination of new generation towards digital technology and increasing digital literacy among people, the global tech savvy population is further expected to expand in the upcoming years.

Apart from this, increase in number of airline passengers is anticipated to be the dynamic factor behind the growth of the in-flight Wi-Fi market. Further, growing demand of in-flight entertainment services is expected to supplement the growth of the global in-flight Wi-Fi market over the forecast period. Furthermore, favorable regulations of aviation authorities are anticipated to flourish the growth of global in-flight Wi-Fi market over the forecast period.

However, lack of awareness, lack of technology and high installation cost are some of the key factors which are expected to limit the growth of global in-flight Wi-Fi market in upcoming years.

Key Players

  • ViaSat, Inc.
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Honeywell International Inc.
  • Global Eagle Entertainment
  • Thales Group
  • SITA
  • ThinKom Solutions Inc.
  • Kymeta Corporation
  • EchoStar Corporation
  • Gogo Inc
  • Panasonic Avionics Corporation

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global in-flight Wi-Fi (Entertainment) market is segmented as follows:

  • By Hardware Market Size & Y-O-Y Growth Analysis
  • By Services Market Size & Y-O-Y Growth Analysis
  • By Technology Market Size & Y-O-Y Growth Analysis
  • By Devices Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

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