Press release
In-Flight Wi-Fi Market Analysis Deep Secret Beyond the Research
Wi-Fi is the family of wireless networking technologies that are commonly used for local area networking of devices and internet access. Wi-Fi technology enables wireless connectivity on radio frequencies between 2.4 GHz and 5 GHz. Wi-Fi technology is being increasingly deployed in enterprises, transportation sector, etc. and replacing wired LAN at a rapid pace. There are different types of Wi-Fi including indoor Wi-Fi, outdoor Wi-Fi, and transportation Wi-Fi. Furthermore, Wi-Fi has been incorporated in aviation to provide in-flight entertainment to aircraft passengers during a flight.Technological development in networking technologies is supporting key players to introduce novel technologies and devices that can be deployed on flights. This is done to enhance the connectivity speed and bandwidth capacity even on mid-haul and short-haul routes. For instance, in 2014, Gogo introduced 2Ku technology, a satellite-based connectivity technology, in order to enhance its product offers for airlines in the commercial aviation market. 2Ku technology delivers high bandwidth speed of 70 Mbps. Hence, these factors are expected to drive growth of the global in-flight Wi-Fi market in the near future.
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What is the current market size and Compound Annual Growth Rate (CAGR) of the market during the forecast period (2020-2027)?
The global In-Flight Wi-Fi market size was valued at US$ 6,514.7 million in 2019 and is estimated to exhibit a CAGR of 17.1 %between 2020 and 2027.
Which are the key factors driving the growth of the In-Flight Wi-Fi market?
Advancements in technology are expected to drive growth of the global in-flight Wi-Fi market during the forecast period. • Increasing focus of airlines to augment passenger experience is expected to propel the global in-flight Wi-Fi market growth over the forecast period.
Who are the key players operating in this market?
Some of the key players operating in the market are Gogo Inc., EchoStar Corporation, Global Eagle Entertainment Inc., Kymeta Corporation, ViaSat Inc., Thinkom Solutions Inc., Thales Group, Honeywell International Inc., SITA, and Panasonic Corporation.
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