Press release
Inflight WIFI Equipment market was valued at US$ 731 million in 2022 and is anticipated to reach US$ 1780.5 million by 2029, witnessing a CAGR of 13.4% - Valuates reports
The global Inflight WIFI Equipment market was valued at US$ 731 million in 2022 and is anticipated to reach US$ 1780.5 million by 2029, witnessing a CAGR of 13.4% during the forecast period 2023-2029. For onboard laptop and mobile device users, inflight WIFI equipment can offer wireless Ethernet (Wi-Fi) internet access. Air-to-ground (ATG) towers or satellites are used to establish the wireless link between the aircraft and the Internet.
Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-491/Global_Inflight_WIFI_Equipment_Market_Size_Manufacturers_Supply_Chain_Sales_Channel_and_Clients_2021_2027
Inflight WIFI Equipment Market Trends
One basic factor drives the need for in-flight Wi-Fi: passengers' need for internet access for work or enjoyment while in flight. Numerous consumer internet-enabled devices, including smartphones, laptops, tablets, and e-readers, have increased the demand for in-flight internet connectivity, which airlines might charge customers for. The main motivation is the potential for this internet connection to assist both travelers and aviation businesses. This factor is expected to drive the growth of the Inflight WIFI Equipment market.
Key players are introducing fresh technologies and devices that can be used on flights thanks to technological advancements in networking technology. This is done to increase bandwidth capacity and connectivity speed even on mid-haul and short-haul routes. For instance, Gogo developed 2Ku technology in 2014 to improve its product offerings for airlines in the commercial aviation sector. 2Ku is a satellite-based connection technology. The high bandwidth speed of 2Ku technology is 70 Mbps. Therefore, it is anticipated that these factors will soon fuel the expansion of the global in-flight Wi-Fi Equipment market.
Major airlines all over the world are fitting their planes with high-speed Wi-Fi systems that are affordable. These systems, which are built on cutting-edge technologies, provide passengers with continuous internet access, enhancing their satisfaction and experience. Moreover, in order to acquire a competitive edge in the market, leading airlines are emphasizing the deployment of cutting-edge connection technologies on flights. Thus, during the course of the forecast period, these factors are anticipated to fuel the expansion of the global in-flight Wi-Fi Equipment market.
Inflight WIFI Equipment Market Share
Global Inflight WIFI Equipment key players include Gogo, ViaSat, Thales Group, etc. Global top three manufacturers hold a share about 50%.
With a market share of over 65%, North America leads the way. Europe is second, followed by the Middle East and Africa, both of which have market shares of over 20%.
Narrow Body Aircraft is the most widely used application, followed by Wide Body Aircraft, etc.
Get Detailed report - https://reports.valuates.com/market-reports/QYRE-Auto-491/global-inflight-wifi-equipment
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs
Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-491/Global_Inflight_WIFI_Equipment_Market_Size_Manufacturers_Supply_Chain_Sales_Channel_and_Clients_2021_2027
Inflight WIFI Equipment Market Trends
One basic factor drives the need for in-flight Wi-Fi: passengers' need for internet access for work or enjoyment while in flight. Numerous consumer internet-enabled devices, including smartphones, laptops, tablets, and e-readers, have increased the demand for in-flight internet connectivity, which airlines might charge customers for. The main motivation is the potential for this internet connection to assist both travelers and aviation businesses. This factor is expected to drive the growth of the Inflight WIFI Equipment market.
Key players are introducing fresh technologies and devices that can be used on flights thanks to technological advancements in networking technology. This is done to increase bandwidth capacity and connectivity speed even on mid-haul and short-haul routes. For instance, Gogo developed 2Ku technology in 2014 to improve its product offerings for airlines in the commercial aviation sector. 2Ku is a satellite-based connection technology. The high bandwidth speed of 2Ku technology is 70 Mbps. Therefore, it is anticipated that these factors will soon fuel the expansion of the global in-flight Wi-Fi Equipment market.
Major airlines all over the world are fitting their planes with high-speed Wi-Fi systems that are affordable. These systems, which are built on cutting-edge technologies, provide passengers with continuous internet access, enhancing their satisfaction and experience. Moreover, in order to acquire a competitive edge in the market, leading airlines are emphasizing the deployment of cutting-edge connection technologies on flights. Thus, during the course of the forecast period, these factors are anticipated to fuel the expansion of the global in-flight Wi-Fi Equipment market.
Inflight WIFI Equipment Market Share
Global Inflight WIFI Equipment key players include Gogo, ViaSat, Thales Group, etc. Global top three manufacturers hold a share about 50%.
With a market share of over 65%, North America leads the way. Europe is second, followed by the Middle East and Africa, both of which have market shares of over 20%.
Narrow Body Aircraft is the most widely used application, followed by Wide Body Aircraft, etc.
Get Detailed report - https://reports.valuates.com/market-reports/QYRE-Auto-491/global-inflight-wifi-equipment
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs
Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
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