According to a new market research report published by Global Insight Services “In-flight Entertainment & Connectivity Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
In-flight entertainment and connectivity (IFEC) refers to the electronic systems used to entertain passengers during a flight and to connect them to the ground. It includes the in-flight entertainment system (IFE), which offers audio, video, and games; the passenger information system (PIS), which provides flight information, weather, and other data; and the aircraft communication system (ACS), which allows passengers to make and receive phone calls, send and receive text messages, and access the Internet.
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Key Players:
- Anuvu
- EchoStar Corporation
- Honeywell International Inc.
- Intelsat
- Kymeta Corporation
- Panasonic Corporation
Key Trends:
There are four key trends in In-flight Entertainment & Connectivity (IFEC) technology:
Increased connectivity options: There is a trend towards offering more connectivity options to passengers, including Wi-Fi, cellular, and satellite. This allows passengers to stay connected during their flight and have access to a variety of entertainment options.
Improved content options: Airlines are offering improved content options, including more on-demand movies and TV shows, as well as games and music. This helps to keep passengers entertained during their flight.
Key Drivers
The key drivers of In-flight Entertainment & Connectivity market are the ever-increasing demand for better connectivity and entertainment options while travelling, the technological advancements in the field of telecommunications and the need for airlines to differentiate themselves in a highly competitive market.
The ever-increasing demand for better connectivity and entertainment options while travelling is driven by the need of travelers to stay connected with their work, family and friends while on the go. With the advent of smartphones and other mobile devices, travelers now expect to have access to high-speed Internet and a variety of entertainment options while in the air.
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Segmentation:
By Component
- Hardware
- Connectivity
- Content
By Aircraft Type
- Narrow-Body Aircraft (NBA)
- Wide-Body Aircraft (WBA)
- Very Large Aircraft (VLA)
By Offering Type
- In-flight Entertainment (IFE)
- In-flight Connectivity (IFC)
Reasons to buy In-flight Entertainment & Connectivity Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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