In its 10th year, NSR’s Aeronautical Satcom Markets (AERO10) report finds a $48 billion+ cumulative revenue opportunity through the decade for both service providers and equipment vendors. Driven by accelerated installation of terminals on narrow-body aircraft and the rapid return of domestic travel, the IFC market sits positioned for recovery ahead of a rebound in aviation traffic.
In its 10th year, NSR’s Aeronautical Satcom Markets (AERO10) report finds a $48 billion+ cumulative revenue opportunity through the decade for both service providers and equipment vendors. Driven by accelerated installation of terminals on narrow-body aircraft and the rapid return of domestic travel, the IFC market sits positioned for recovery ahead of a rebound in aviation traffic.
In its 10th year, NSR’s Aeronautical Satcom Markets (AERO10) report finds a $48 billion+ cumulative revenue opportunity through the decade for both service providers and equipment vendors. Driven by accelerated installation of terminals on narrow-body aircraft and the rapid return of domestic travel, the IFC market sits positioned for recovery ahead of a rebound in aviation traffic.
“NSR gathers that demand for in-flight Wi-Fi is at an all-time high as passengers return to flying. This trend pushes airlines to a tight position of making the critical decision of defining their in-flight connectivity strategy. One of the tough choices airlines have been battling is whether to offer free onboard Wi-Fi and how to.
The Inflight Connectivity (IFC) business was hit hard by COVID19, on the back of drastic downtime in aviation traffic in 2020. As a result, the segment saw on average a 35% decline in annual retail revenues last year, according to NSR’s Aeronautical Satcom Market Report, 9th Edition. However, as aviation traffic continues to bounce back.