In-Flight Entertainment & Connectivity Market Projected To Raise At USD 13.6 Billion By 2028

 

San Francisco, 22 Sep 2020: The Report In-flight Entertainment & Connectivity Market Size, Share & Trends Analysis Report By Offering Type (IFE, IFC), By Component (Hardware, Connectivity, Content), By Aircraft Type, By Region, And Segment Forecasts, 2020 - 2028

The global in-flight entertainment and connectivity market size is anticipated to reach USD 13.6 billion by 2028, growing at a CAGR of 9.5% from 2020 to 2028, according to a new report by Grand View Research, Inc. The evolving passenger demand for seamless connectivity onboard is one of the crucial factors propelling the growth of the market. Additionally, the increasing number of non-stop long-haul flights worldwide is anticipated to create significant growth opportunities over the coming years.

There has been an increasing passenger demand for connectivity services within the aircraft cabin for passengers. The overall in-flight entertainment and connectivity (IFEC) capabilities are increasing coupled with the enhancements in wireless-connectivity offered to passengers. This expansion is expected to provide airlines numerous opportunities to increase their additional ancillary revenue stream. The IFEC market is on the cusp of breaking into the mainstream and becoming an expected service offered on international flights, rather than an optional extra service.

Airlines often tend to change their IFC service provider, in an attempt to better understand the technologies in terms of performance and overall experience to the passengers, ultimately delivering the best value to the airlines. This trend is anticipated to increase the competition as well as the number of collaboration and partnerships in the marketplace as satellite connectivity providers and airlines work hand in hand to ensure a seamless IFEC services onboard.

The key airlines across the globe are replacing heavy cablings and screens with onboard Wi-Fi systems for passengers to accommodate the BYOD model, thereby reducing the overall weight of the aircraft. There has been an increasing trend of passengers bringing their Personal Electronic Devices (PED) onboard and willing to pay an additional fee for using Wi-Fi during the flight. Moreover, there is an upsurge in the demand for streaming live TV onboard directly on the passengers’ device, ultimately creating lucrative growth opportunities for the in-flight entertainment and connectivity (IFEC) market.

Access Research Report of In-Flight Entertainment & Connectivity Market @ https://www.grandviewresearch.com/industry-analysis/in-flight-entertainment-connectivity-ifec-market

Further key findings from the report suggest:

• In an attempt to retain a competition edge, major airlines worldwide are embracing the replacement of conventional seatback IFE systems with wireless in-flight entertainment systems
• Passenger’s demand for IFE has now transformed from the traditional ‘please entertain me’ into a more contemporary ‘I want to entertain myself’ attitude
• Leading service providers are forming long-term partnerships with the airlines to provide a wider coverage and capacity
• Growing adoption for in-flight entertainment and connectivity systems by LCCs to enhance the passenger experience in short-haul flights
• Using wireless, in place of wired networks, have substantial compensations for the airlines, such as weight saving due to the abolition of cabling, thereby enabling simpler installation, and reducing fuel and maintenance costs.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/communication-services

Grand View Research has segmented the global in-flight entertainment and connectivity market by component, aircraft type, offering type, and region.

IFEC Component Outlook (Revenue, USD Million, 2016 - 2028)

• Hardware
  • Non-Portable
  • Portable
• Connectivity
  • Wired
  • Wireless
• Content
  • Stored
  • Streamed

IFEC Aircraft Type Outlook (Revenue, USD Million, 2016 - 2028)

• Narrow-Body Aircraft (NBA)
• Wide-Body Aircraft (WBA)
• Very Large Aircraft (VLA)

IFEC Offering Type Outlook (Revenue, USD Million, 2016 - 2028)

• In-flight Entertainment (IFE)
• In-flight Connectivity (IFC)

IFEC Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • S.
  • Canada
• Europe
  • Germany
  • K.
• Asia Pacific
  • China
  • Japan
• Latin America
• Middle East & Africa (MEA)

Access Press Release of In-Flight Entertainment & Connectivity Market @ https://www.grandviewresearch.com/press-release/global-ifec-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com