by The global in-flight Wi-Fi market enables passengers to stay connected during air travel through internet access on-board aircraft. In-flight Wi-Fi systems allow passengers to browse the internet, stream music and videos, check emails, and use messaging and social media apps while flying. This provides passengers with entertainment and productivity options during flights. The market is witnessing rising demand as air travel continues to increase globally and passengers expect to remain connected even when travelling via air.
The global In-Flight Wi-Fi Market is estimated to be valued at US$ 8.4 Bn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends
One of the major trends in the in-flight Wi-Fi market is the shift towards satellite-based connectivity solutions. Traditional air-to-ground systems providing Wi-Fi onboard rely on ground networks that have limited coverage, especially over oceans and remote areas. Satellite connectivity can provide internet access even in remote routes and long haul flights. Many key players are focusing on developing and launching new Wi-Fi broadband satellite constellations to specifically target the in-flight connectivity market. For example, SpaceX’s Starlink satellite network and OneWeb are launching additional satellites to build out their low Earth orbit constellations that aim to provide global connectivity including for aircraft. This shift is expected to enhance the coverage and reliability of in-flight Wi-Fi solutions going forward.
Porter’s Analysis
Threat of new entrants: Low investment requirements and established brand loyalty create barriers for new entrants.
Bargaining power of buyers: Airlines have high bargaining power as buyers due to the limited availability of technology providers in this niche market.
Bargaining power of suppliers: Key technology providers such as satellite and hardware companies wield strong influence over pricing and supply.
Threat of new substitutes: No direct substitute exists for in-flight connectivity solutions needed uniquely for airline operations.
Competitive rivalry: Intense competition exists between technology giants to provide enhanced customer experience and outpace one other.
Key Takeaways
The global In-Flight Wi-Fi Market Demand is expected to witness high growth. The global in-flight Wi-Fi market is estimated to be valued at US$ 8.4 Bn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030.
North America currently dominates the market owing to rapid technological adoption and strong infrastructure for connectivity solutions across major airports. Asia Pacific is poised to be the fastest growing region with increasing air passenger traffic and investment of airline operators in digital transformation.
Key players operating in the In-Flight Wi-Fi market are Gogo Inc., EchoStar Corporation, Global Eagle Entertainment Inc., Kymeta Corporation, ViaSat Inc., Thinkom Solutions Inc., Thales Group. Gogo, the market leader provides connectivity to over 5000 aircraft worldwide. ViaSat has partnered with multiple airlines in Asia to install its high-speed satellites for seamless passenger experience.
