Polaris Market Research has recently published its latest analysis titled In-Flight Entertainment and Connectivity (IFEC) Market The report reveals that the market for in-flight entertainment and connectivity was valued at USD 5.63 billion in 2023. The market is projected to grow to USD 11.80 billion by 2032, exhibiting a CAGR of 8.6% during the forecast period.
The market has encountered notable growth in recent years, pushed by progressions in technology. The in-flight entertainment and connectivity (IFEC) market size is expanding as the progressions in satellite communication, wireless networking, and digital media have sanctioned airlines to provide a broad gamut of entertainment and association alternatives to passengers.
Also, progressive exhibit structures and noise-abandoning headphones offer an intriguing experience for passengers, rendering farthest-route flights more delightful. Mobile apps and inflight portals permit passengers to enter flight particulars, book meals, and buy duty-free commodities, additionally improving total travel involvement.
𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/in-flight-entertainment-and-connectivity-market/request-for-sample
𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰
As one of the most important passenger points of contact, inventive inflight entertainment systems adorn the agenda of innumerable airlines, considering advancements in passenger participation on board. This inflight entertainment in aircraft cabins for a long duration yet the ongoing natural selection of passenger assumptions has shifted the end line. It escalates customer arrangement and enhances passenger allegiance levels, as well as the airline’s profit promoters achieve NPS. The interaction permits a smooth, more customized experience. Airlines can customize services, content, and singular offers through a solitary portal dependent on any passenger’s allegiance status, booking and travel class, and flight route.
𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
The manufacturers in the market have been diligently advancing and providing a gamut of solutions to accommodate the increasing demand for improvised passenger involvement. Some of the prominent players operating in the In-flight entertainment and connectivity (IFEC) market include:
- Anuvu
- BAE Systems
- Collins Aerospace
- Eutelsat Communications
- Gogo LLC
- Honeywell International Inc.
- Inmarsat Global Limited
- Iridium Communications Inc.
- Panasonic Avionics
- SAFRAN Group
- SITA
- Thales Group
- ViaSat, Inc.
- moment.tech
Opportunities
- Expanding Satellite Networks:
- Next-Generation Satellites: Deployment of new satellite constellations (e.g., low-Earth orbit satellites) that promise lower latency and higher bandwidth.
- Partnerships and Collaborations:
- Content Providers: Collaborations with major content providers to offer exclusive and diverse entertainment options.
- Technology Firms: Partnerships with tech companies to develop cutting-edge IFEC solutions.
In-flight Entertainment and Connectivity (IFEC) Market Report Highlights
- The hardware segment held the largest market share in 2023, owing to an increasing need for advanced IFEC systems that offer passengers a flawless and unique experience during their flights.
- In 2023, the narrow-body aircraft segment accounted for a significant share of the market, driven by rising demand for air travel, particularly in emerging markets, which has increased the number of narrow-body aircraft delivered each year.
- The North American market is expected to be the largest. This is because advanced high-speed internet infrastructure is now available, data usage is increasing in both air and ground applications, and user customization features are available.
Polaris Market Research has segmented the in-flight entertainment and connectivity market report based on product, aircraft type, end use:
In-flight Entertainment and Connectivity, Product Outlook (Revenue – USD Billion, 2019 – 2032)
- Hardware
- Connectivity
- Content
In-flight Entertainment and Connectivity, Aircraft Type Outlook (Revenue – USD Billion, 2019 – 2032)
- Business Jets
- Narrow-Body Aircraft
- Very Large Aircraft
- Wide-Body Aircraft
In-flight Entertainment and Connectivity, End Use Outlook (Revenue – USD Billion, 2019 – 2032)
- Aftermarket
- OEM
The In-flight Entertainment and Connectivity (IFEC) Market is poised for robust growth, driven by technological advancements and increasing passenger demand for connectivity. Airlines investing in advanced IFEC systems can enhance passenger experience and gain a competitive edge in the evolving aviation industry.