”Connected Aircraft Market Set To Grow To $3.02bn In 2018”
27 July 2018
Visiongain’ has launched a new aviation report Connected Aircraft Market Report : Forecasts & Analysis By Ku-Band (By Widebody, Narrowbody, Business Aircraft), By Ka-Band (By Widebody, Narrowbody, Business Aircraft), By Air-to-Ground (ATG) By Region Plus Analysis Of Leading Companies Developing Wi-Fi & In-Flight Entertainment & Connectivity (IFEC) Technologies Within The Internet of Things (IoT ) Ecosystem.
In-flight entertainment & connectivity (IFEC) has become a crucial part of business strategies of airlines companies. Major airlines across the globe are inclined towards offering enhanced in-flight entertainment and connectivity services to improve passenger experience and gain competitive edge. In the recent years, continuous advancements in technology has enabled key players to offer uninterrupted Internet services on board to air passengers.
Aircraft connectivity is a relatively new, but fast-growing market driven by increasing popularity and ownership of Wi-Fi enabled personal electronic devices such as smartphones, tablets and laptop computers. The popularity of these devices means that consumers are demanding continuous and reliable Internet connectivity, even inside an aircraft cabin. Once the exclusive luxury of business and first-class passengers, more passengers than ever before want to be able to access their e-mail accounts, send text messages, make voice calls and stream media content from their seat at 30,000ft. Over the last few years, more airlines are recognising this demand and the potential benefits that this can offer to their own respective business models. In-flight entertainment and connectivity is a means of enhancing a passenger’s travelling experience and potentially enables an airline to distinguish itself from its competitors in an increasingly competitive landscape.
The connected aircraft market was calculated to be worth $3.02bn in 2018 and is predicted to record strong growth rates over the next 10 years. New technological innovations such as next generation satellite constellations serve as key market drivers by facilitating greater bandwidth capacity that will achieve faster streaming rates and reliable Internet connection for passengers.
The Visiongain report analyst commented “Given current passenger demand for in-flight connectivity, this market has been forecast a positive outlook. Being able to offer a continuous and reliable internet connection is a significant benefit to passengers, regardless of whether they are flying for business or leisure purposes. With technological innovation in this part of the market ongoing, the connected aircraft market is set to grow significantly”.
Leading companies featured in the report who are offering connected aircraft market include Cobham PLC, Global Eagle Entertainment Inc, Gogo Inc, Honeywell International Inc, Inmarsat plc, Kontron AG, Panasonic Avionics Corporation, Rockwell Collins Inc, SITA OnAir, and Thales SA.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@Visiongainglobal.com or call her on +44 (0) 207 336 6100
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