Market Size of Connected Aircraft Industry
| Study Period | 2024 - 2029 |
| Market Size (2024) | USD 6.15 Billion |
| Market Size (2029) | USD 11.46 Billion |
| CAGR (2024 - 2029) | 13.24 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Connected Aircraft Market Analysis
The Connected Aircraft Market size is estimated at USD 6.15 billion in 2024, and is expected to reach USD 11.46 billion by 2029, growing at a CAGR of 13.24% during the forecast period (2024-2029).
An increase in the demand for digitization of the technology used for communication between aircraft and ground control resulted in a rise in demand for the use of the Internet of Things for operating and maintaining aircraft communication functions. The increasing procurement of newer-generation commercial and military aircraft increased the need for more connectivity aboard aircraft. Moreover, the growing emphasis on the reliability and safety of the aircraft and the passengers made the various aircraft OEMs airlines invest in these connected aircraft technologies. Furthermore, the need to enhance the passenger experience will also contribute to being a major driving factor for the market.
Connected aircraft make use of IP networks to provide internet connection that leads to aircraft operations by making use of real-time data. It, thereby, enables aircraft crew and ground operators to effectively manage and monitor aircraft position and functions. Emerging trends, with a direct impact on the dynamics of the industry, include increased adoption of connected technologies for data transmission, increasing demand for military services and commercial industries, and a shift from seat-centric entertainment systems to portable entertainment systems.
