Global In-Flight Wifi (Entertainment) Market Size, Forecast, and Trend Highlights Over 2023 - 2033
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Base Year |
2022 |
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Forecast Year |
2023-2033 |
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CAGR |
~13% |
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Base Year Market Size (2022) |
~ USD 6 Billion |
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Forecast Year Market Size (2033) |
~ USD 13 Billion |
The global in-flight wifi (entertainment) market is estimated to garner a revenue of ~USD 13 Billion by the end of 2033 by growing at a CAGR of ~13% over the forecast period, i.e., 2023 – 2033. Further, the market generated a revenue of ~USD 6 Billion in the year 2022. The growth of the market is primarily attributed to the globally increasing trade of ICT goods and services. As per the data provided by the World Bank, ICT exports skyrocketed internationally from 12.7% in 2019 to 14.3% in 2020.
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The entertainment provided to aircraft passengers during a flight is referred to as in-flight wifi (entertainment). In-flight internet service is provided via a satellite network or an air-to-ground network, allowing passengers to stay connected and up to date on current events around the world while travelling through an airline. Now people are able to access the internet while travelling by aircraft and browse websites, stream videos, get weather information, news, and much more. The growing number of commercial aircrafts all over the world is estimated to fuel the growth of the in-flight wifi (entertainment) market. For instance, the number of commercial aircraft across the globe is anticipated to reach approximately 36,501 by 2027.
Global In-Flight Wifi (Entertainment) Market: Growth Drivers and Challenges
Growth Drivers
- Rising Penetration of Smartphones – Smartphones are the important part of everyone’s life as we are depended to perform lots of tasks via smartphones. From internet surfing to simple calculations, and interacting on various social media platforms, we do all these activities by a smartphone. So, their rising penetration is one of the main growth driver to leading growth of the global in-flight wifi (entertainment) market during the forecast period. For instance, world's smartphone user base is expected to reach 6.650 billion by August 2022, representing 84% of the global population owing a smartphone.
- Growing Number of Airline Passengers – The growing prevalence of air travel in people is influencing the various services provided by an airline. For instance, total air traffic in June 2022 was up 76.5% from June 2021 (measured in RPKs), out of which, domestic traffic increased by 5.5% and international traffic increased by 230% comparing the same period last year to this year.
- Rising Surge in Internet Use – With the time, internet has become an important key player in our day-to-day life. Now a major portion of global population is using the internet to get the most information on their fingertips. As of April 2022, there were about 6 billion internet users worldwide, accounting for approximately 64% of the global population.
- Escalating Trend of Streaming Services - Most of the today’s modern entertainment, such as movies, TV series, sporting events, concerts, and music, is delivered to us via streaming services. Now people prefer to watch shows and listen to music on an on-demand basis. For instance, between 2019 and 2020, the live streaming industry witnessed 98% growth in hours watched.
Challenges
- Higher Costs of In-Flight Wifi
- Security Threat Regarding Data Privacy
- Lack of Requisite Technology
The global in-flight wifi (entertainment) market is segmented and analyzed for demand and supply by technology into satellite, air-to-ground, Ka-band, Ku-band, and SBB, out of which, Ka-band segment is expected to grow at a rapid pace in the forecast period owing to its higher frequencies in the spectrum, which range from 27.5 to 31 GHz. that perform much better in communications demanding higher bandwidth. For instance, more than 500 Delta Airlines aircrafts are scheduled to have fast-streaming Viasat Ka-Band Wi-Fi by the end of 2022, up from the current figure of more than 300 aircrafts.
Major Macro-Economic Indicators Impacting the Market Growth
The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labor productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.
Global In-Flight Wifi (Entertainment) Market Regional Synopsis
Regionally, the global in-flight wifi (entertainment) market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in North America is projected to hold the largest market share by the end of 2033 backed by the technological advancement in the aviation industry. For instance, the United States is stated to attain the highest airport connectivity score by generating approximately USD 200 billion of air passenger revenue in 2022. Significant 5G deployment by the numerous service providers in the region, and the approval and expansion of private service providers in satellite broadband stream are some other major factors anticipated to influence the market growth over the forecast period.
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The global in-flight wifi (entertainment) market is further classified on the basis of region as follows:
- North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
Market Segmentation
Our in-depth analysis of the global in-flight wifi (entertainment) market includes the following segments:
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By Offering Type |
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By Type |
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By Technology |
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Top Featured Companies Dominating the Global In-Flight Wifi (Entertainment) Market
- Viasat, Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Thales Group
- Anuvu Operations LLC
- Honeywell International Inc.
- Gogo LLC
- Cobham Limited
- Inmarsat Global Limited
- Kymeta Corporation
- ThinKom Solutions, Inc.
- Eutelsat Communications S.A.
