In-flight Entertainment and Connectivity Market

In-flight Entertainment & Connectivity Industry worth $11.7 billion by 2029

The report "In-flight Entertainment & Connectivity Market by Offering (IF Entertainment. IF Connectivity), Class (First, Business, Premium Economy, Economy), Platform (Narrow-body Aircraft, Wide-body Aircraft, Business Jet), End Use - Global Forecast to 2029" The In-flight Entertainment and Connectivity market is estimated to be USD 8.6 billion in 2024 and is projected to reach USD 11.7 billion by 2029, at a CAGR of 6.3% from 2024 to 2029. Rising passenger demands for top-tier entertainment and dependable connectivity during flights are pushing airlines to enhance their investment in IFEC systems. Travelers now look for uninterrupted internet access, diverse entertainment selections, and content tailored to their preferences.

Browse 275 market data Tables and 73 Figures spread through 300 Pages and in-depth TOC on "In-flight Entertainment & Connectivity Market"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/in-flight-entertainment-communications-market-860.html

By offering, the entertainment segment is projected to grow at the highest CAGR during the forecast period.

By offering, the entertainment segment is projected to grow at the highest CAGR during the forecast period. In a competitive airline industry, exceptional in-flight entertainment is a key differentiator; airlines that offer a wide range of advanced entertainment options are more likely to attract and retain more passengers. This allows airliners to hold a competitive advantage over other airliners. Partnering with top content providers can provide exclusive, high-quality entertainment, ensuring passengers access a steady stream of new and engaging content throughout their flights.

By End Use, the OEM segment is projected to hold the highest market share during the forecast period.

By End Use, the OEM segment is projected to hold the highest market share during the forecast period. Integrating IFEC systems during aircraft manufacturing is typically more economical than retrofitting older planes, as OEMs benefit from economies of scale, lowering installation costs and ensuring consistent quality. OEMs can provide highly tailored IFEC solutions that meet the specific needs of different airlines. This customization is more effectively achieved during the manufacturing phase, ensuring the systems align with airlines’ branding and service strategies.

By platform, Narrow-body aircraft is projected to grow at the highest growth rate during the forecast period.

Narrow-body aircraft, often deployed on high-traffic routes, are popular due to their ability to attract large numbers of passengers who expect superior in-flight entertainment and reliable connectivity; this demand for quality IFEC options fuels the growth of the market in this segment. Moreover, airliners are modernizing their fleets, replacing older models with newer, more efficient narrow-body aircraft equipped with the latest IFEC technologies. This trend toward fleet modernization is driven by the need to enhance the passenger experience, improve operational efficiency, and stay competitive. As these newer aircraft are better equipped to meet the evolving demands of passengers, they play a significant role in expanding the IFEC market. The combination of high passenger volumes and a focus on updating fleets with advanced technology positions narrow-body aircraft as a key growth area in the IFEC industry.

North America holds the highest growth rate in the region for the In-flight Entertainment and Connectivity market.

North America, particularly the US, has one of the highest air traffic volumes globally, encompassing numerous domestic and international flights. This results in a substantial demand for advanced IFEC systems due to the large passenger numbers. The region hosts major airlines like American Airlines. Delta Air Lines and United Airlines invest heavily in enhancing passenger experiences. These airlines are pioneers in adopting new IFEC technologies to attract and retain customers. With passengers in North America expecting top-tier in-flight services, including diverse entertainment options and high-speed internet, airlines in the region strive to meet these demands, thereby driving the growth of sophisticated IFEC systems.

Panasonic Avionics Corporation (US), Thales (France), Anuvu (US), Collins Aerospace (US), and Astronics Corporation (US) are key players offering connectivity applicable to various sectors and have well-equipped and strong distribution networks across North America, Europe, Asia Pacific, the Middle East, and the Rest of the World.

Don’t miss out on business opportunities in In-flight Entertainment & Connectivity Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on TwitterLinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

In-flight Entertainment & Connectivity Market Size,  Share & Growth Report
Report Code
AS 1320
PR Published ON
6/27/2024
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the In-flight Entertainment & Connectivity Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home