DUBLIN, Dec 1, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Europe InFlight Wifi Market Demand & Opportunity Outlook 2021" report to their offering.
The global in-flight Wi-Fi market is segmented on the basis of type such as hardware and services. By 2021, the service segment is believed to have the highest market share by 2021. On the basis of technology, the market is segmented into two main types i.e. ATG (Air-to-Ground) and satellite technology. The ATG technology covered the largest segment of the market in 2015, but owing to larger adoption of the satellite based technology by the airline companies, the satellite segment is anticipated to observe the highest compound annual growth rate (CAGR) of 22.03% during 2015-2021. The Europe in-flight WiFi market is being studied on the basis of country and their performance in recent years. Further, Europe in-flight Wi-Fi market is projected to exhibit a strong CAGR (Compound annual growth rate) of >10% and expand at an average of USD 2156 million every year during the covered forecast period of 2015-2021. It has been noticed that Europe captured the highest share in global in-flight Wi-Fi market in 2015 followed by Europe. Maintaining the same trend, Europe is projected to dominate the global inflight WiFi market between 2015 and 2021. Asia Pacific region is anticipated to grow at a rapid pace owing to some of the major factors such as robust economic growth, rising disposable income and increasing penetration of smartphones. The key players of the in-flight Wi-Fi market include ViaSat, Honeywell International Inc., Global Eagle Entertainment, Thales Group, SITA, Kymeta Corporation, Gogo Inc. etc.