Ground to air on-board connectivity Market to Reach USD 24.44 Billion | Sky-High Wi-Fi: Elevating On-Board Connectivity to New Heights

According to the report published by Allied Market Research, the global ground to air on-board connectivity market was estimated at $9.68 billion in 2018 and is expected to hit at $24.44 billion by 2026, registering a CAGR of 13.8% from 2019 to 2026. The report provides a detailed analysis of the market size & estimations, top investment pockets, top winning strategies, drivers & opportunities, competitive scenario, and wavering market trends.

Rise in IT spending in the aviation, railway, and maritime industry, increase in consumer disposable income and surge in number of airline passengers fuel the growth of the global ground to air on-board connectivity market.

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Based on the application, the entertainment segment contributed to more than three-fifths of the total market share in 2018 and is expected to dominate during the estimated period. The communication segment, on the other hand, would showcase the fastest CAGR of 13.1% by 2026.

Based on end-use, the aviation segment garnered a major share in 2018, holding more than one-third of the total market. Simultaneously, the on-road transit segment is projected to generate the fastest CAGR of 15.6% throughout 2019-2026.

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On the other hand, high cost associated with the deployment and several connectivity issues restrain the growth to certain extent. However, increase in government initiatives to improve customer services is expected to create a number of lucrative opportunities in the industry.

Based on geography, North America accounted for nearly two-fifths of the total market revenue in 2018 and is anticipated to rule the roost during the study period. At the same time, the Asia-Pacific region would cite the fastest CAGR of 14.3% throughout the forecast period.

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Increase in IT spending in the aviation, railway, and maritime industry, surge in consumer disposable income and rise in number of airline passengers are the major factors propelling the growth of the global ground to air on-board connectivity market. Based on end-use, the aviation segment held the major share in 2018. On the other hand, based on geography, the region across Asia-Pacific would hold the fastest CAGR of 14.3% during 2019-2026.

The report presents in-depth insights into each of the leading ground to air on-board connectivity end user verticals along with annual forecasts for 2032. The report provides revenue forecast with sales, and sales growth rate of the global Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

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Leading Market Players:

➢ Gogo Inc.
➢ Honeywell International Inc
➢ Thales Group
➢ ALE International
➢ Inmarsat Plc.
➢ Viasat, Inc.
➢ Panasonic Corporation
➢ Bombardier Inc.
➢ Rockwell Collins
➢ Global Eagle Entertainment Inc

These players have adopted various strategies to increase their market penetration and strengthen their position in the industry. Current and future ground to air on-board connectivity market trends are outlined to determine the overall attractiveness of the market.

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