IMARC Group, a leading market research company, has recently releases report titled “In-flight Entertainment and Connectivity Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global in-flight entertainment and connectivity market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. Report Highlights
How big is the in-flight entertainment and connectivity market?
The global in-flight entertainment and connectivity market size reached US$ 4.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.0 Billion by 2028, exhibiting a growth rate (CAGR) of 9% during 2023-2028.What is in-flight entertainment and connectivity?
In-flight entertainment and connectivity (IFEC) refers to the onboard internet connection and online entertainment services offered by airline companies to their customers. It comprises various non-portable electronic systems, such as seat electronic units, ethernet switches, embedded setback systems, and control units, to stream videos and play audio without cabin network congestion. It offers passengers flying in business and commercial class a wide range of infotainment, such as maps, social media, video games, connecting flight data, flight charts, short message service (SMS), attendant calls, shopping destination details, food menu, and lavatory status. It also provides various personalized features, such as booking transportation, tracking traffic, and planning destination-based activities. Request for a free sample copy of this report: https://www.imarcgroup.com/in-flight-entertainment-connectivity-market/requestsampleWhat are the growth prospects and trends in the in-flight entertainment and connectivity industry?
At present, the rising adoption of IFEC by airline companies for enhancing the in-flight experience of passengers represents one of the primary factors influencing the market positively. Besides this, the increasing development of airports around the world, along with the rising number of low-cost airlines, is contributing to the growth of the market. In addition, the growing integration of efficient portals in aircraft to enhance the bandwidth capacity and speed of electronic devices utilized by passengers is offering a favorable market outlook. Moreover, key market players are installing satellite communication (SATCOM) based IFEC systems to improve the existing flight entertainment packages, which is bolstering the market growth.What is included in market segmentation?
The report has segmented the market into the following categories: Breakup by Aircraft Type:- Narrow-Body Aircraft
- Wide-Body Aircraft
- Business Jets
- Others
- Content
- Hardware
- Connectivity
- Economy Class
- Premium Economy Class
- Business Class
- First Class
- Air-to-Ground Technology
- Satellite Technology
- OEM
- Aftermarket
Who are the key players operating in the industry?
The report covers the major market players including:- BAE Systems Plc
- Cobham Limited (Advent International)
- Global Eagle Entertainment Inc.
- Honeywell International Inc.
- Lockheed Martin Corporation
- Lufthansa Systems GmbH & Co. KG (Deutsche Lufthansa AG)
- Panasonic Avionics Corporation (Panasonic Corporation)
- Rockwell Collins Inc. (United Technologies Corporation)
- Thales Group
- The Boeing Company
- Viasat Inc