Global In Flight Connectivity Market Overview:
In-flight connectivity means services such as Internet browsing, text messaging, cell phone usage, and emailing while traveling in flight. The demand for in-flight connectivity is rising continuously due to the increasing number of onboarding passengers with electronic devices such as smartphones, laptops, tablets, etc. In todayís time, many airlines are deploying in-flight connectivity in their flights to enhance customer experience and remain competitive in the market.
- Rise in Adoption of In-Flight Connectivity Solutions to Enhance Brand Loyalty and Improve Customer Experience
- Increased Demand of In-Flight Connectivity for Business Jet
- High Cost of In-Flight Connectivity Solutions and Wi-Fi
- Increased Demand of Wireless Broadband Internet Connectivity in Flights Will Create Strategic Business Opportunities
- Security Regarding Challenges Due to Cyber-attacks and Hacking of Insecure Data and Systems
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Collins Aerospace (United States), GoGo Internet (United States), Panasonic Avionics (United States), Intelsat (United States), Vodafone Group (United Kingdom), Honeywell Aerospace (United States), Satcom Direct (United States), Thales Group (France), Viasat (United States) and SmartSky Networks (United States). Analyst at AMA Research see United States Players to retain maximum share of Global In Flight Connectivity market by 2026. Considering Market by Aircraft, the sub-segment i.e. Narrow Body Aircrafts will boost the In Flight Connectivity market. Considering Market by Connectivity Technology, the sub-segment i.e. AIR-TO-GROUND (ATG) will boost the In Flight Connectivity market.
Latest Market Insights:
In December 2020, Intelsat announced the acquisition of the Commercial Aviation business of Gogo to meet the demand of inflight broadband connectivity to the commercial aviation industry. The combination of Intelsatís next-generation global telecommunications network with Gogo Commercial Aviationís leading capabilities will create new growth and brand loyalty opportunities and innovation in in-flight digital connectivity.
What Can be Explored with the In Flight Connectivity Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global In Flight Connectivity Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in In Flight Connectivity
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global In Flight Connectivity market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in In Flight Connectivity market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, In-flight Connectivity Service Providers, In-flight Connectivity Solutions Manufacturers & Suppliers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global In Flight Connectivity Market?
The In Flight Connectivity market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in In Flight Connectivity Market?
Top performing companies in the Global In Flight Connectivity market are Collins Aerospace (United States), GoGo Internet (United States), Panasonic Avionics (United States), Intelsat (United States), Vodafone Group (United Kingdom), Honeywell Aerospace (United States), Satcom Direct (United States), Thales Group (France), Viasat (United States) and SmartSky Networks (United States), to name a few.
3. What trending factors would impact In Flight Connectivity Market growth most?
"Increasing Installation of IFE With In-Flight Broadband and Emerging 5G Network Connectivity" is seen as one of major influencing trends for In Flight Connectivity Market during projected period 2020-2026.