Global In-flight Entertainment & Connectivity (IFEC) Market

The report titled "Global In-flight Entertainment & Connectivity (IFEC) Market" assesses the in-flight entertainment & connectivity market globally based on offering type, aircraft, distribution channel, business model, and region. A comprehensive report provides a detailed historical and future market size with trend analysis. RationalStat provides an aerospace and defense sector overview, aircraft fleet size, installed base, market size & forecast, market share analysis, production capabilities, passenger traffic, an overview of the competition, market strategies, and potential growth areas for market players and stakeholders.

Market Overview and Dynamics: The advancement of technology and emerging trends like BYOD are expected to fuel the growth of the Global in-flight entertainment & connectivity market

The global IFEC market is expected to grow at a CAGR of around 7.5% during the forecast period of 2022-2028. Significant growth in the aviation industry, coupled with the increasing adoption of wireless entertainment solutions, is one of the most important factors contributing to the market growth. In addition, the increasing demand for luxury air travel with premium in-flight amenities is driving market expansion. IFEC systems provide passengers with personalized wireless and seat-centric entertainment.
• The Ka-band satellite communication (SATCOM) network is growing traction as it helps in reducing data streaming time and offers high-speed internet access. Consequently, it is expected to fuel the growth of the in-flight entertainment connectivity market as airlines are focusing on offering in-flight entertainment & connectivity framework based on this technology.
• Besides, the airline operators are looking forward to modernizing IFE connectivity and replacing conventional solutions which are anticipated to further fuel the market growth during the forecast period.
• Furthermore, it is anticipated that the emergence of Bring Your Own Device (BYOD) and wireless portable electronic devices like Smart Beacons will revolutionize segment growth. In addition, the segment is anticipated to be characterized by a high level of dynamism as a result of ongoing product developments in the quest to produce lightweight and advanced in-flight entertainment and connectivity systems.

Segmental Analysis

• Based on the aircraft, the narrow-body aircraft segment is expected to dominate the IFEC market during the forecast period. This growth is the result of a rise in narrow-body aircraft deliveries across the world.
• Based on the distribution channel, the OEM segment dominates the market as commercial aircraft manufacturers such as Airbus and Boeing are converging on the installation of improved in-flight entertainment systems, which are currently in production. As a result, the OEM segment is expected to dominate the market over the forthcoming years.
• Based on region, North America holds a dominant share of the global IFEC market owing to increased penetration of personal and mobile devices, a substantial airplane fleet, and the presence of key original equipment manufacturers in the region.

Competition Analysis: The increased penetration of personal and mobile devices including smartphones and tablets, has led to increased adoption of onboard communication and entertainment services by airlines to improve the overall passenger travel experience.

Due to the presence of many well-established companies in the global IFEC market, there is intense competition in the global IFEC market. The global IFEC market is expected to witness a pool of opportunities due to a surge in commercial aircraft deliveries in developing nations such as India and China, Asia-Pacific is projected to experience significant growth over the forecast period
Acquisitions, product launches, and partnerships are the identified industry trend in the global IFEC market. Significant consolidation is expected in the global IFEC market during the forecasting period 2022-2028.
• In February 2022, Thai Airways partnered with Stellar Entertainment. Under the agreement, Stellar Entertainment will provide account management, content delivery, TV and audio content, production services, strategic curation, film licensing, and technical services under the agreement.
• In June 2021, Thales introduced AVANT UP. A 4K HDR in-flight entertainment system with in-seat power and an open OS. The company aims to further strengthen its market position in the IFEC market through product launches.

Some of the prominent players operating in the market include BAE Systems plc, Collins Aerospace, Lufthansa Systems Gmbh & Co. KG, Panasonic Corporation, ViaSat Inc., Thales Group, Honeywell International Inc., Anuvu Operations LLC, Inmarsat Global Limited, Eutelsat Communications SA, Gogo LLC, Iridium Communications Inc., Astronics Corporation, Stellar Entertainment Group, and Burrana Pty Ltd. among others.

RationalStat has segmented the global in-flight entertainment & connectivity (IFEC) market on the basis of offering type, aircraft, distribution channel, business model, and region.
• By Offering Type
o In-Flight Connectivity
o Wired
o Wireless
o In-Flight Entertainment
o Stored
o Streamed
• By Aircraft
o Widebody
o Narrow body
o Business Jet
o By Class
o First Class
o Business Class
o Premium Economy
o Economy
• By Distribution Channel
o Original Equipment Manufacturer (OEM)
o Aftermarket
• By Business Model
o Wholesale
o Revenue Sharing (Retail)
o Independent
• By Region
o North America
 US
 Canada
o Latin America
 Brazil
 Mexico
 Rest of Latin America
o Western Europe
 Germany
 UK
 France
 Spain
 Italy
 Rest of Western Europe
o Eastern Europe
 Russia
 Poland
 Rest of Eastern Europe
o Asia Pacific
 China
 Japan
 India
 South Korea
 Australia
 ASEAN (Indonesia, Vietnam, Malaysia, etc.)
 Rest of Asia Pacific
o Middle East & Africa
 GCC
 South Africa
 Turkey
 Rest of the Middle East & Africa

For more information about this report https://store.rationalstat.com/store/global-in-flight-entertainment-connectivity-ifec-market-trends-analysis-and-forecast/

RationalStat LLC
Kimberly Shaw, Content and Press Manager
sales@rationalstat.com
Phone: +1 302 803 5429

RationalStat is an end-to-end US-based market intelligence and consulting company that provides comprehensive market research reports along with customized strategy and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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