In-Flight Wi-Fi Market - Global Study on In-Flight Wi-Fi to 2021
Transcription
In-Flight Wi-Fi Market - Global Study on In-Flight Wi-Fi to 2021
In-Flight Wi-Fi Market - Global Study on In-Flight Wi-Fi to 2021 Persistence Market Research Global In-Flight Wi-Fi Market Revenue is Expected to Grow US$ 5,456.7 Mn by 2021 : Persistence Market Research Persistence Market Research 1 In-Flight Wi-Fi Market - Global Study on In-Flight Wi-Fi to 2021 Persistence Market Research Released New Market Report According to a new market report published by Persistence Market Research ‘Global Market Study on In-Flight Wi-Fi: Asia-Pacific to Witness Highest Adoption By 2021 - Driven By Increasing Demand For In-Flight Connectivity And Entertainment Services By Passengers’. The global in-flight Wi-Fi market is anticipated to expand at a CAGR of 14.9% during the forecast period (2015 - 2021), driven by various growth factors, regarding which PMR offers vital insights in detail in this report. Request Customize Full TOC: http://www.persistencemarketresearch.com/toc/4696 On the basis of type, the market has been segmented into hardware and service. In terms of market share, hardware was the dominant segment in 2014, with over 60% share of the global in-flight Wi-Fi market. However, the segment is expected to witness a decline of over 2,500 BPS in market share by the end of 2021 as compared to that in 2014. Hardware segment is further sub-segmented into the antenna, wireless access point, wireless hotspot gateway, wireless LAN controller and other hardware while the service segment is segmented into implementation & integration, network planning & design, support service, video streaming service and other services. The global in-flight Wi-Fi market has been segmented by technology into air-to-ground technology and satellite technology. Of these segments, air-to-ground technology was the largest segment in the global in-flight Wi-Fi market in terms of revenue contribution in 2014; however, the segment is expected to lose its dominance to satellite technology segment by the end of 2021. Satellite technology is further segmented into Ku-band, Ka-band and SBB (Swift Broadband) technologies. Among aforementioned sub-segments, Ku-band was the largest sub-segment in 2014. Request Sample Report: http://www.persistencemarketresearch.com/samples/4696 The growth of the global in-flight Wi-Fi market is mainly driven by advancements in connectivity technologies. Also, increasing deployment and adoption of connectivity hardware and services by airlines across the globe is fueling the growth of the in-flight Wi-Fi market. However, data privacy & security issues and lack of awareness regarding in-flight Persistence Market Research 2 In-Flight Wi-Fi Market - Global Study on In-Flight Wi-Fi to 2021 Wi-Fi service particularly in developing regions are restraining the growth of the market to some extent. In-flight Wi-Fi service and hardware providers are following the strategy of mergers & acquisitions in order to enhance their market presence and expand their product portfolio, which in turn has resulted into consolidation of the global in-flight Wi-Fi market. This report covers trends driving each segment and respective sub-segments and offers analysis and insights of the potential of the in-flight Wi-Fi market in specific regions. By region, North America dominated the in-flight Wi-Fi market, accounting for over 60% share of the overall market in 2014. Asia Pacific market is expected to exhibit highest CAGR of over 26% during the projected period. View Detail Report: http://www.persistencemarketresearch.com/market-research/in-flightwi-fi-services-market.asp Some of the major players identified in the global in-flight Wi-Fi market are Gogo Inc., Global Eagle Entertainment Inc., ViaSat Inc., Thales Group, Panasonic Corporation, Sita, Honeywell International Inc., Kymeta Corporation and Thinkom Solutions Inc. Key players in the market follow the strategy of acquisition and mergers and are focused towards entering into strategic partnerships with regional players in order to strengthen their position in the market. Furthermore, consistent investment on R&D activities in order to enhance existing products and services portfolio is another major strategy adopted by major players operating in the in-flight Wi-Fi market. Directly Buy Full Report: http://www.persistencemarketresearch.com/checkout/4696 View Related Reports: Next Generation Data Storage Technology Market: http://www.persistencemarketresearch.com/market-research/nextgeneration-data-storage-technology-market.asp Text Analytics Market: http://www.persistencemarketresearch.com/market-research/text-analyticsmarket.asp Persistence Market Research 3 In-Flight Wi-Fi Market - Global Study on In-Flight Wi-Fi to 2021 Cloud Billing Market: http://www.persistencemarketresearch.com/marketresearch/cloud-billing-market.asp Application Delivery Network (ADN) Market: http://www.persistencemarketresearch.com/market-research/applicationdelivery-network-market.asp Multi-screen Content Discovery Engines Market: http://www.persistencemarketresearch.com/market-research/multiscreencontent-discovery-engines-market.asp Market History: In-flight Wi-Fi refers to onboard internet service provided on aircraft, which can be accessed by passengers via personal electronic devices such as smartphones, tablets and laptops. Globally, the in-flight Wi-Fi 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 market. However, the high initial cost associated with the implementation of in-flight Wi-Fi hardware along with an increase in cabin weight with the installation of hardware, are leading to higher operational costs for airlines. This, in turn, is impeding the growth of the global in-flight Wi-Fi market to a certain extent. The global in-flight Wi-Fi market was valued at US$ 2,114.3 million in 2014 and is expected to witness a healthy CAGR of 14.9% from 2015 to 2021. The global in-flight Wi-Fi market is segmented on the basis of type, technology and region. By type, the market is segmented into hardware and service. Of these segments, hardware segment dominated the market in 2014, with over 60% market share in terms of revenue contribution. By technology, the global in-flight Wi-Fi market is segmented into air-to-ground technology and satellite technology. The air-to-ground technology was the dominant segment in 2014; however, satellite technology is anticipated to emerge as the dominant segment by 2021, Persistence Market Research 4 In-Flight Wi-Fi Market - Global Study on In-Flight Wi-Fi to 2021 due to growing adoption of satellite technologies such as Ku-band and Ka-band by airlines across the globe. On the basis of geography, the global in-flight Wi-Fi market is segmented into five major regions such as North America, Europe, Middle East & Africa, Asia Pacific and Latin America; among these, North America was the largest regional market for in-flight Wi-Fi in 2014; however, revenue contribution by the region is expected to decline significantly by the end of 2021. The market in Asia Pacific is expected to exhibit the fastest a CAGR of over 25% during the forecast period. The key players operating in the global in-flight Wi-Fi market include Gogo Inc., Global Eagle Entertainment Inc., ViaSat Inc., Thales Group, Panasonic Corporation, Sita, Honeywell International Inc., Kymeta Corporation and Thinkom Solutions Inc. Persistence Market Research 5 In-Flight Wi-Fi Market - Global Study on In-Flight Wi-Fi to 2021 About Us: Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs. Contact Us: Addie Thomes 305 Broadway 7th Floor, New York City, NY 10007, United States, USA - Canada Toll Free: 800-961-0353 Email: sales@persistencemarketresearch.com Web: http://www.persistencemarketresearch.com Persistence Market Research 6