In-Flight Broadband Market: 10.98% CAGR to 2020

PUNE, India, Dec. 20, 2016 /PRNewswire-iReach/ -- The global in-flight broadband market analyst says the latest trend gaining momentum in the market is advent of broadband connectivity. The growing demand for in-flight connectivity is mainly driven by the significant growth of internet use among passengers, growing demand for large business jet cabins, and the business models of airlines offering premium economy class seat-centric solutions to the passengers. This growing demand is driving airline operators to provide connectivity services to the passengers as a value-added service. This is a win-win situation for the passengers, service providers, and airlines, as service providers, and airlines get paid to provide services and passengers get to enjoy the comfort of accessing the internet during flight.

Complete report on in-flight broadband market spread across 56 pages, analyzing 4 major companies and providing 31 data exhibits is now available at http://www.reportsnreports.com/reports/783679-global-in-flight-broadband-market-2016-2020.html

According to the in-flight broadband market report, one of the major drivers for this market is growth in business jet connectivity market. The statistics and trends associated with the adoption of business and private jets reflect a growing market, and this is led by the economic recovery in North America and Europe. In the recent years, many private airlines have started to offer enhanced value-added services to their business jets passengers. The trend of on-demand scheduling of private jets for high net worth individuals has resulted in a new avenue of opportunities with growth prospect on the airline side along with their corresponding in-flight connectivity partner.

The following companies are the key players in the global in-flight broadband market: GEE, Gogo, Panasonic Avionics, and ViaSat. Other prominent vendors in the market are: Airbus, SITAONAIR, Rockwell Collins, and Zodiac Aerospace. Order a copy of Global In-flight Broadband Market 2016-2020 report @ http://www.reportsnreports.com/purchase.aspx?name=783679

In 2015, the narrow-body aircraft segment accounted for around 42% share in the global In-flight broadband market.  The diverse growth between regions, business models, and airplane types continues to strengthen the fragmentation of the market. The growing demand for luxury and the efficient use of cabin space, media integration, high-speed connectivity such as Ku-band, and streaming in IFE systems is driving the market growth for in-flight broadband in the business jet segment.            

APAC is expected to be the largest region in the in-flight broadband market over the next four years. The growing preference for air travel is driving the market in APAC region as the passengers are shifting to smarter and more comfortable travel attributes, where in-flight connectivity is a major requirement. Analysts expect that several regional airlines will start offering in-flight connectivity solutions over the forecast period, which will positively accelerate growth in the global in-flight broadband market.

Further, the in-flight broadband market report states that one of the major factors hindering the growth of this market is IT security challenges. Like many other industries, the aviation industry is also vulnerable to hacking. An efficient hacker can easily bring down an entire aviation facility or misguide an airborne flight. While being on-board, with the availability of the internet, a hacker can hack into the control systems of the aircraft and guide the airplane to another location.

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