In-Flight Wi-Fi Market Outlook to 2030 | Industry Current Growth Scenario with Latest Trends, Research, Development Status, Growth Overview and Segment Forecasts

In a recent published report, Kenneth Research has updated the market report for In-Flight Wi-Fi Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for In-Flight Wi-Fi Market products.

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According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017. On the other hand, growing awareness amongst individuals for using the internet is also anticipated to contribute to the market growth. For instance, the total number of individuals using the internet grew from 8% of total population in 2001 to 49% of total population in 2017.

Global in-flight Wi-Fi market reached USD 3,997.7 Million in 2017 and is expected to reach USD 13,319.6 Million by the end of 2025, expanding at a CAGR of 16.5% over the forecast period i.e. 2018-2025. Factors such as growing demand for in-flight connectivity services, increasing penetration of smartphones, rising number of airline passengers are likely to aid the growth of in-flight Wi-Fi market. 

“The Final Report will cover the impact analysis of COVID-19 on this industry.”

North America is slated to account for a leading share of 49.5% in the terms of revenue by 2025 in the in-flight Wi-Fi market. Further, high inclination of North America airline players toward adopting in-flight Wi-Fi services is expected to impel the growth of in-flight Wi-Fi market in the North America region. U.S. is the prominent market in the region. 

Additionally, U.S. in-flight Wi-Fi market reached USD 1843.5 Million in 2017 and is expected to reach USD 5042.7 Million by the end of 2025, expanding at a CAGR of 13.7% over the forecast period i.e. 2018-2025. Further, the market of U.S. in-flight Wi-Fi is anticipated to achieve a Y-o-Y growth rate of 17.2% in 2025 as compared to the previous year.
Asia Pacific is expected to showcase significant growth over the forecast period i.e. 2018-2025 by registering a CAGR of 23.5% over the forecast period. Further, the market is expected to account for USD 2457.5 Million in 2025 from USD 462.1 Million in 2017. 

Further, China in-flight Wi-Fi market was held at USD 215.2 Million in 2017 and is anticipated to reach USD 1,061.9 Million by the end of 2025. China in-flight Wi-Fi market accounted for a market share of 46.6% in 2017 and further, is expected to increase to a market share of 43.2% by the end of 2025. China in-flight Wi-Fi market is expected to achieve Y-o-Y growth rate of 26.2%in 2025 as compared to previous year.

“The Final Report will cover the impact analysis of COVID-19 on this industry.”

Hardware segment is further sub-segmented into antenna, wireless LAN, access point controller device, wireless hotspot gateway and other hardware, out of which, antenna segment with 61.2% share is anticipated to have the largest share by 2025. Additionally, antenna segment accounted for USD 1470.3 Million in 2017 and is forecasted to reach USD 4436.7 Million by the end of 2025. Further, electroporation segment is forecasted to observe a growth rate of 3.0x over the forecast period.

Global in-flight Wi-Fi market is segmented into technology. The technology segment is further segmented into ATG (Air-to-Ground) and Satellite, out of which, ATG (Air-to-Ground) segment with 59.0% market share is anticipated to have largest share by the end of 2025. Further, global ATG (Air-to-Ground) market is anticipated to reach USD 7354.2 Million by the end of 2025 from USD 2358.0 Million in 2017.

Business Questions answer by the report

  • How will the market drivers, restraints and opportunities affect the market dynamics?
  • What will be the market size in terms of value and volume and market statistics with detailed classification?
  • Which segment dominates the market or region and one will be the fastest growing and why?
  • A comprehensive survey of the competitive landscape and the market participant players
  • Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for the Client

Client satisfaction is our first and last priority. And that’s why Kenneth Research offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

  • Additional company detail analysis.
  • Additional country analysis.
  • Detailed segment analysis.

Download Sample of This Strategic Report-
https://www.kennethresearch.com/sample-request-10000051

“The Final Report will cover the impact analysis of COVID-19 on this industry.”

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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