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  • In-Flight Wi-Fi Market Size, Share, Trends and Industry Analysis by 2025




    (Transportation-News.com, October 07, 2018 ) The global In-Flight Wi-Fi market is experiencing a steady growth in the current scenario and is anticipated to rise in the coming years. The market for In-Flight Wi-Fi consists of some well-established players across the globe, which invest huge amounts in order to deliver the most advanced technology to the customers. The growth of market for In-Flight Wi-Fi is highly influenced by the remarkable growth in air travel across the globe. The growth in air travel has increased significantly over the years due to increase in disposable income among the middle class society and upper middle class society worldwide. Geographically, North America contributed the maximum market share in 2016 in the In-Flight Wi-Fi market, owing to rapid demand for aircrafts, number of travelers and advanced technological advancements in the region. The commercial airlines in the region are procuring aircrafts in large numbers in order to meet the surging demand for air travel within and outside the region.

    The epical growth in usage of electronic devices from passengers has evidently raised the demand for on board connectivity, especially for medium and long haul flights. Furthermore, as the airline companies themselves are under a pressure to derive additional revenue streams, the In-Flight connectivity (Wi-Fi) is considered to be a win-win strategy as majority passengers globally are willing to pay for the high speed internet connection while travelling by air. The global market for in flight Wi-Fi market exhibit high growth in near future, pertaining to the driving factors such as growth in air passengers, with increased implementation of connectivity technologies with operational benefits, rising trend of In-Flight retails is also expected to significantly drive the In-Flight Wi-Fi market.

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    Top Competitors in this Market:

    1. ECHOSTAR CORPORATION
    2. GLOBAL EAGLE ENTERTAINMENT INC
    3. GOGO LLC
    4. HONEYWELL INTERNATIONAL INC
    5. PANASONIC AVIONICS CORPORATION
    6. VIASAT INC
    7. SITAONAIR

    Demographically, the business flyers in Asian provinces are the early adopters of In-Flight Wi-Fi services, accrediting majority interest on business flights and having better experience of global In-Flight Wi-Fi quality. This category of flyers is also the key influencers who would be recognizing the importance of monetization of high speed internet. Furthermore, as more number of aircraft fleets inhibit In-Flight Wi-Fi, the passengers expectations are will also skyrocket. This in turn would result in passenger shrinkage for the one not offering In-Flight Wi-Fi services. Nonetheless, the business flyers and young passengers would pertain to be key influencers, encouraging the deployment of In-Flight Wi-Fi services amid all the countries of APAC.

    The report focuses on an in-depth segmentation of this market based by types, aircraft types and technology. The geographic segmentation of the report covers major regions including; North America, Europe, Asia Pacific (APAC), Middle East and Africa, and South America (SAM). The regional market has been further categorized by respective countries. By type segment, services accounted for the largest market share and is expected to grow with a highest market growth in 2017; whereas, regionally, Asia Pacific is expected to grow at the highest CAGR during the forecast period.

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    Reasons to Buy:

    - Highlights key business priorities in order to assist companies to realign their business strategies

    - The key findings and recommendations highlight crucial progressive industry trends in the wireless market, thereby allowing players across the value chain to develop effective long term strategies

    - Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

    - Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

    - Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

    - Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

    The Insight Partners

    Sameer Joshi

    +1-646-491-9876

    sam@theinsightpartners.com

    Source: EmailWire.Com

    Source: EmailWire.com

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