Global On-Board Connectivity Market Expected to Reach USD 36,842.3 Million by 2025 | Top Players Such as - Gogo, Thales Group and Viasat

According to the report published by Allied Market Research, The Global On-Board Connectivity Market Expected to Reach USD 36,842.3 Million by 2025 | Top Players Such as - Gogo, Thales Group and Viasat. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions.

Liberalization of transportation in the emerging markets and increase in investment of maritime, aviation, and railway sector in on-board connectivity technology are the major factors fueling the on-board connectivity market demand. Also, industries are using on-board connectivity for various applications such as, providing on air connectivity through satellite to passengers for communication and connecting with people on ground, entertainment, and others. Adoption of wireless communication technologies such as 4G LTE, and expected launch of 5G are the major factors fueling the market growth.

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The global on-board connectivity market is segmented into component, technology, application, end use, and region. Based on component, the market is classified into hardware and services. In terms of technology, the market is bifurcated into satellite and Ground to Air. As per application, the market is categorized into entertainment, and communication. Based on end use, the market is divided into maritime, railway, aviation, and on-road transit. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Based on application, the entertainment segment dominated the overall on-board connectivity market share in 2017 and is expected to remain dominant during the forecast period, due to increase in IT investment into aviation, maritime, and railways by government organizations and several other companies. Further, connected services provided by market players either through Air to ground or satellite is charged as per the data consumption. Passengers usually consumes significant amount of data on various entertainment elements including Video on Demand (VoD), and Live Television services while travelling.

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North America dominated the overall market in 2017, as the U.S. was a major contributor to the growth of the North America on-board connectivity market. The dominance of this region is primarily due to the presence of major market players in this region.

The global on-board connectivity market is dominated by the key players such as ALE International, Bombardier Inc., Global Eagle Entertainment Inc., Gogo Inc., Honeywell International Inc., Inmarsat Plc., Panasonic Corporation, Rockwell Collins, Thales Group, Viasat, Inc. and others.

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KEY FINDINGS OF THE STUDY

● Based on technology, the ground to air segment is expected to exhibit significant share in the global on-board connectivity market during the forecast period. Significant number of connectivity service providers prefer to use well-established ground cellular networks for connectivity.

● Based on end use, the aviation segment generated the highest revenue share in 2017. With the growing demand for in-car infotainment services, cars segments is expected to grow with lucrative CAGR over the forecast period.

● Based on region, the Asia-Pacific on-board connectivity market is anticipated to experience rapid growth during the forecast period due to increase in investments by government organizations. Presence of economies with over a billion population as consumers or passengers in China and India are expected to further fuel the market growth in coming years.

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