Ground to Air On-Board Connectivity Market Revenue to Register Robust Growth in Future by 2026

November 29, 2023 12:48 PM GMT | By EIN Presswire
Follow us on Google News:

WILMINGTON, DE, UNITED STATES, November 29, 2023 /EINPresswire.com/ -- According to a recent report published by Allied Market Research, titled, "Ground to Air On-Board Connectivity Market, by Component, Application, and End Use: Global Opportunity Analysis and Industry Forecast, 2019-2026,"

The global ground to air on-board connectivity market size was valued at $9.68 billion in 2018, and is projected to reach $24.44 billion by 2026, registering a CAGR of 13.8% from 2019 to 2026.

Request Sample Report: https://www.alliedmarketresearch.com/request-sample/6121

Ground to air on-board connectivity market trends include increase in number of air passengers worldwide, which is a major factor that fuels the increased investment in this market. The purpose of on-board connectivity for trains, ships, and on airplanes differs, the major reason behind its offering is to keep the passengers entertained while travelling. Also, with the significant growth of disposable income, passengers from emerging economies prefer to travel by airlines. Moreover, the increase in infrastructural investment by numerous governments is also playing a vital role in the growth of the passengers. For instance, according to a report by International Air Transport Association (IATA) in 2017, the number of airline passengers in Asia-Pacific grew by 36.3% and 1.5 billion passengers over the year.

Furthermore, surge in use of portable electronic devices also acting as a major driver for the ground to air on-board connectivity market. Also, liberalization in the transportation sector in the emerging markets is also the major factor driving the market growth. Airlines have to invest significant capital on hardware installations of on-board connectivity solutions on individual airplanes. In addition, numerous governing frameworks & certification issues in several countries are anticipated to impede the ground to air on-board connectivity market growth. Furthermore, increase in government initiatives to enhance customer services are expected to provide lucrative opportunities for the growth of the market.

Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/6121

Competitive Analysis:
The competitive environment of Ground to Air On-Board Connectivity Industry is further examined in the report. It includes details about the key players in the market's strengths, product portfolio, Ground to Air On-Board Connectivity Market share and size analysis, operational results, and market positioning. It comprises the actions taken by the players to grow and expand their presence through agreements and entering new business sectors. Mergers and acquisitions, joint ventures, and product launches are some of the other techniques used by players.

Key Players:
ALE International
Bombardier Inc.
Global Eagle Entertainment Inc.
Gogo Inc.
Honeywell International Inc.
Inmarsat Plc.
Panasonic Corporation
Rockwell Collins
Thales Group
Deutsche Telekom AG and Many More

Region-wise, North America accounted for the highest ground to air on-board connectivity market share of the market in 2018 and is projected to remain dominant during the ground to air on-board connectivity market forecast period, owing to presence of major market players in this region. In addition, availability of strong on ground connectivity is also a major factor that fuels the growth of market in this region. However, Asia-Pacific has grown significantly in the last few years and is expected to attain the highest CAGR during the ground to air on-board connectivity outlook. Also, The rise in communication services and booming aerospace industries in countries such as Japan, India, and China is fueling the market growth in Asia-Pacific region. In addition, majority of the new aircraft sales are taking place in this region, which is also one of the key factors fueling the ground to air on-board connectivity market in this region. In addition, majority of the new aircraft sales are taking place in this Asia-Pacific, which is also one of the major factors fueling the market growth in this region.

Buy Now: https://www.alliedmarketresearch.com/checkout-final/3483cb35d14762f24534e26be661bea6

Increase in IT expenditure in aviation, railway, and maritime industries is expected to offer market growth in the upcoming years. Also, increase in government initiatives to enhance customer services and growth in number of airline passengers in countries such as China, India, and Japan is anticipated to offer lucrative opportunities for the ground to air on-board connectivity market.

Based on ground to air on-board connectivity market size for end use segment, the aviation segment generated the highest revenue in 2018. On the contrary, on-road transit is expected to grow at higher rate due to increasing deployment of connected devices on buses and other private vehicles.

Trending Reports:
Network Traffic Analytics Market: https://www.alliedmarketresearch.com/network-traffic-analytics-market-A06053
Mass Notification System Market: https://www.alliedmarketresearch.com/mass-notification-market
Data Wrangling Market: https://www.alliedmarketresearch.com/data-wrangling-market
3D Animation Market: https://www.alliedmarketresearch.com/3d-animation-market-A05975

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.



Top ASX Listed Companies

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK