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Global In-flight Broadband Market Growth of 10%, 2016-2020 - Due to Growth in Business Jet Connectivity Market - Research and Markets

[December 15, 2016]

Global In-flight Broadband Market Growth of 10%, 2016-2020 - Due to Growth in Business Jet Connectivity Market - Research and Markets

Research and Markets has announced the addition of the "Global In-flight Broadband Market 2016-2020" report to their offering.

The report forecasts the global in-flight broadband market to grow at a CAGR of 10.98% during the period 2016-2020.

The in-flight broadband market encompasses services that are employed to provide internet connectivity to airline and business jet passengers, as well as solutions that allow passengers to access digital media. The rapid growth in the bandwidth consumption with the use of mobile and other digital devices has also encouraged airlines to offer similar on-board connectivity solutions. Therefore, many airlines are in the process of establishing a connectivity environment where passengers can experience superior on-board broadband networks.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. Thereport also includes a discussion of the key vendors operating in this market.

According to the 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.

Key vendors: