In-flight Broadband- Market Scope
In-flight broadband is typically provided through satellite based systems that connect to ground based network, allowing passengers to access the internet from anywhere in the world. These systems use a combination of ground based and satellite based networks to provide a reliable and high speed internet connection to the aircraft. This technology enhances passenger experience, enabling real time communication, entertainment streaming, and remote work. Future more, Wi-Fi has been incorporated in aviation to provide In-flight entertainment to aircraft passenger during a flight. The increasing air passenger traffic in Asia pacific and developing region.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Gogo Inc. (United States), Echostar Corp. (United States), Global Eagle Entertainment Inc. (United States), Kymeta Corp. (United States), ViaSat Inc. (United States), Inmarsat (United Kingdom), Collins Aerospace (United States), BAE System PLC (United Kingdom), Thales Group (India), Anuvu Operation LLC (United States), Cobham Limited (United Kingdom) and Panasonic Corporation (Japan) |
CAGR | 9.1% |
"According to AMA, the Global In-flight Broadband- market is expected to see growth rate of 9.1% and may see market size of USD6100.0 Million by 2028."In-flight Broadband is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs and preferences of consumers. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global In-flight Broadband- market throughout the predicted period.
Gogo Inc. (United States), Echostar Corp. (United States), Global Eagle Entertainment Inc. (United States), Kymeta Corp. (United States), ViaSat Inc. (United States), Inmarsat (United Kingdom), Collins Aerospace (United States), BAE System PLC (United Kingdom), Thales Group (India), Anuvu Operation LLC (United States), Cobham Limited (United Kingdom) and Panasonic Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Safran S.A (France), Semtech Corporation (United States) and Others.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global In-flight Broadband- market by Type , by Application (Narrow body aircraft, Wide body aircraft, Business jet, Regional jet and Others) and Region with country level break-up.
On the basis of geography, the market of In-flight Broadband- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In June 2023, Viasat has completed a merger with Connect Topco Limited (Inmarsat) in a cash and stock transaction, following receipt of pending regulatory approvals from EC, the U.K. Competition & Markets Authority and U.S. FCC. The merger provides scale and growth opportunities in mobility and government end-markets as well as helping to diversify Viasat's revenue geographically, and increasing the proportion of recurring revenue in the combined revenue mix. Thus, this has enhanced the global presence of the company.
In May 2023, Inmarsat’s fastest ever in-flight broadband plans are now available for business aviation customers. Inmarsat has announced the next chapter of its market-leading Jet ConneX (JX) inflight broadband solution, with a new range of service plans introduced to redefine gold-standard connectivity in the business aviation market and satisfy even the most data-hungry users for many years to come.
Influencing Trend:
Increasing adoption of big data analytics and real time data analytics
Market Growth Drivers:
Increasing number of airline passengers., Rising penetration of smartphones. and Rising surge in internet use.
Challenges:
Security threat regarding data privacy.
Restraints:
High initial cost and investment.
Opportunities:
Expanding to emerging market. and Demand for more bandwidth in flight.
Key Target Audience
In-flight Broadband Manufacturers, In-flight Broadband Suppliers, Potential Investors, Research and Development Institutes and Others