As per this study the Global On-Board Connectivity Market was valued USD XX MN (by revenue) in 2019 and is anticipated to reach USD XX MN by 2026 with a CAGR of XX%.
Onboard connectivity refers to the satellite or Internet connectivity offered for the passengers onboard in trains, aircraft, ships, trucks, cars or bus. It is commonly used for connecting smartphones, laptops, tablets and other electronic gadgets with the Internet by means of Wi-Fi or cellular data. It is generally installed for providing in-flight entertainment, media content, connectivity solution while traveling.
The rising spending to promote onboard connectivity in aircraft, ships and on-road transit vehicles is driving the market growth. Continuous technological advancement to enhance the traveling experience of the passengers on board is further fueling the market growth. Also, ongoing proliferation of smart web-enabled mobiles with the growing popularity of social networking sites/apps is accelerating the growth of the market. However, the high cost of the onboard connectivity system may act as a restraint for the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of on-board connectivity.
The broad on-board connectivity market has been sub-grouped into component, technology, application and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- On-Road Transit
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for on-board connectivity in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global On-Board Connectivity Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the on-board connectivity market include Ale International, Bombardier Inc., Global Eagle Entertainment Inc., Gogo Inc., Honeywell International Inc., Inmarsat Plc., Panasonic Corporation, Rockwell Collins, Thales Group and Viasat, Inc. among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.