Press release
The Market for in-flight Wi-Fi services is Expected to Reach US$32,751.6 Million by 2033, Expanding at a 14.1% CAGR
In-Flight Wi-Fi Services MarketBy 2022, it is anticipated that in-flight Wi-Fi services would bring in $7,794.6 Mn in revenue. The market for in-flight Wi-Fi services is projected to reach US$ 32,751.6 Mn by the end of 2033, growing at a CAGR of 14.1%.
"In-flight Wi-Fi services" refers to the tasks required to set up and manage Wi-Fi connections onboard aeroplanes. While in the air, passengers and crew can use the satellite Wi-Fi network and the air-to-ground Wi-Fi network to access the internet (ATG).
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In-flight Wi-Fi services allow passengers to connect to the Internet while they are on an airplane. These services are provided by companies that have installed Wi-Fi equipment on the aircraft, and they typically charge a fee for access. In-flight Wi-Fi services have become increasingly popular in recent years, as more and more people rely on the Internet for communication and entertainment while they are traveling.
The market for in-flight Wi-Fi services is expected to continue growing in the coming years, as more airlines adopt the technology and as more passengers become accustomed to being connected while in the air.
Developments in In-Flight Wi-Fi Services
Increasing inclination of consumers toward application of high bandwidth has sharply driven demand for in-flight Wi-Fi Analytics services. The need for bandwidth to run applications and do tasks has advanced substantially, and to fulfil the demand for this, in-flight Wi-Fi service providers are now stepping up their game.
SpaceX, a venture by Elon Musk, who is also the pioneer of automotive giant Tesla, is now in talks with several airline companies to provide fast in-flight Wi-Fi in the near future. The space agency is aiming to accomplish this by utilizing its Starlink satellite Internet network. This will enable travelers onboard to enjoy high-speed Internet connectivity.
With around 1,800 satellites already launched for the Starlink network, as stated by SpaceX, Internet speeds are expected surge over the coming years. However, this will only be put to test when SpaceX actually provides the service in one of the flights of other carriers.
Emirates, a huge name in the airline industry, has also recently announced that it has bought back live TV to its commercial aircraft for passengers, but in-flight Wi-Fi has not been talked about, since it was turned off to cut down licensing costs when the COVID-19 pandemic hit in early 2020. The cut down of in-flight Wi-Fi will affect consumers when pandemic restrictions are lifted, but the addition of this service for Emirates' customers is unlikely.
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Market Drivers
Globally, the in-flight Wi-Fi services market is witnessing significant growth due to increasing consumer inclination towards high bandwidth applications such as on-demand video streaming, watching high definition videos and surfing media-rich web pages while travelling by flight, especially in developed regions.
Also, increasing awareness regarding in-flight Wi-Fi services in developing regions across the globe as well as favorable regulations by aviation authorities for usage of personal electronic devices such as smartphones and tablets during all phases of flight are also fueling the growth of the global in-flight Wi-Fi services market.
Key Companies Profiled
• SITA (OnAir).
• Honeywell International Inc.
• Kymeta Corporation.
• Thikom Solutions Inc.
• ViaSat Inc.
• EchoStar Corporation.
• Others
Key Segments of In-Flight Wi-Fi Services Market Industry Research
By Type:
In-Flight Wi-Fi Hardware
Services
By Hardware:
Antenna
Wireless Access Points
Wireless LAN Controllers
Wireless Hotspot Gateways
Other Hardware
By Service:
Implementation & Integration Services
Network Planning & Designing Services
Support Services
Video Streaming Services (IFE)
Other Services
By Technology:
Air-to-ground Technology
Satellite Technology
Ku-band
Ka-band
SBB (Swift Broadband)
By Region:
North America
Latin America
Europe
East Asia
South Asia Pacific
Middle East and Africa
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Expert analysis, actionable insights, and strategic recommendations - the Electronics, Semiconductor, and ICT team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, and ICT, of which, 100+ reports are specific for ICT, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductor, and ICT industry.
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