In-flight Entertainment & Connectivity - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global In-flight Entertainment & Connectivity Market is accounted for $5.12 billion in 2018 and is expected to reach $12.8 billion by 2027 growing at a CAGR of 10.7% during the forecast period. Advancement in connectivity technologies in developed regions, adoption of IFE systems by LCC operators and growth in the number of airline passengers are the major factors driving the market growth. However, the high cost associated with networking technologies and connectivity hardware is restraining market growth.
In-flight entertainment refers to the entertainment available to aircraft passengers during a flight. IFE has been extended to include in-flight connectivity (IFC) services, such as web browsing, mobile phone usage (whenever allowed), and wireless streaming. Together, they constitute the in-flight entertainment and connectivity (IFEC) systems.
Based on the aircraft type, narrow-body aircraft segment is likely to have a huge demand due to increasing narrow-body aircraft deliveries worldwide. Airlines are presently replacing the older fleet of narrow-body aircraft with the introduction of the latest aircraft like the A320neo and the 737 Max. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to rising expenditure on the deployment of air-to-ground, satellite connectivity technologies to advance in-flight connectivity other aviation products by the airlines.
Some of the key players profiled in the In-flight Entertainment & Connectivity Market include Zodiac Aerospace S.A., ViaSat Inc., Thales S.A., SITAONAIR, Panasonic Corporation, Iridium Communications Inc., Inmarsat PLC, Honeywell, Gogo Inc., Global Eagle Entertainment, Eutelsat, Collins Aerospace, Cobham PLC, and BAE Systems PLC.
Aircraft Types Covered:
• Very Large Aircraft
• Narrow-Body Aircraft
• Wide-Body Aircraft
• Business Jets
• Civil Aircraft
• Private Plane
• First Class
• Business Class
• Economy Class
Connectivity Technologies Covered:
• Air-to-Ground Connectivity
• Satellite Connectivity
• Moving-Map Systems
• Audio-Video on Demand (AVOD) Systems
End Users Covered:
• Original Equipment Manufacturer (OEM)
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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