Connected Aircraft Market

Connected Aircraft Industry worth $16.5 Billion by 2028

The report "Connected Aircraft Market by Type (Hardware, Software), Platform (Commercial, Business & General Aviation, Military, UAV, AAM), Connectivity (In-Flight, Air-To-Air, Air-To-Ground) & Region (North America, Europe, APAC, MEA, ROW) - Global Forecast to 2028" The Connected Aircraft Market size is projected to grow from USD 10.0 billion in 2023 to USD 16.5 Billion by 2028, at a CAGR of 10.6 % from 2023 to 2028. Connected aircraft generate vast amounts of data, including flight performance, engine health, weather conditions, etc. This data can be analyzed to gain valuable insights, optimize flight routes, predict maintenance needs, and enhance safety.

Browse 215 market data Tables and 48 Figures spread through 232 Pages and in-depth TOC on "Connected Aircraft Market by Type (Hardware, Software), Platform (Commercial, Business & General Aviation, Military, UAV, AAM), Connectivity (In-Flight, Air-To-Air, Air-To-Ground) & Region (North America, Europe, APAC, MEA, ROW) - Global Forecast to 2028"
View detailed Table of Content here -

The Software segment is projected to hold the largest market share during the forecast period.

The software segment is projected to hold the largest market share during the forecast period based on the type. The aviation industry is witnessing rapid advancements in software technologies, including artificial intelligence (AI), machine learning, data analytics, and cloud computing. These innovations have paved the way for more sophisticated and efficient software solutions that enhance connectivity and communication capabilities in aircraft.

The Commercial aviation segment is expected to have a higher market share in 2023.

Based on the platform, the commercial aviation segment is expected to hold a higher market share in 2023. Commercial airlines cater to many passengers traveling for various purposes, including business and leisure. As the demand for in-flight connectivity and services grows among passengers, commercial airlines are keen on adopting connected aircraft technology to enhance the overall passenger experience.

An in-flight connectivity segment to have comparatively higher growth during the forecast period.

Based on connectivity. The in-flight connectivity segment is expected to grow the highest during the forecast period. With the increasing reliance on digital devices and the internet in everyday life, passengers now expect connectivity and internet access during their flights. In-flight connectivity meets this demand, allowing travelers to stay connected, work, browse the internet, access social media, and stream entertainment content while in the air.

North America is expected to account for the largest share in 2023.

The Connected Aircraft industry has been studied in North America, Europe, Asia Pacific, and Rest of the World. North America accounted for the largest market share in 2023 and is projected to witness the highest CAGR during the forecast period. North America has a robust and extensive commercial aviation industry. The region is home to major airlines, aircraft leasing companies, and a significant number of aircraft in operation. This scale of operations creates a substantial market for connected aircraft solutions. The region has also been an early adopter of connected aircraft technologies, with several airlines and aircraft operators offering in-flight connectivity and advanced avionics systems for a long time. This early adoption has given North America a head starts in the market.

Major players operating in the Connected Aircraft include Honeywell International (US), Raytheon Technologies (US), Thales Group (France), Viasat Inc (US), and Gogo Inc (US) are some of the major players.

Don’t miss out on business opportunities in Connected Aircraft Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on TwitterLinkedIn and Facebook.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Connected Aircraft Market Size,  Share & Growth Report
Report Code
AS 6086
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Connected Aircraft Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved Protection Status

Digital Virtual Assistant - MarketsandMarkets