To provide better passenger experiences is expected grow the Global In-flight Entertainment & Connectivity (IFEC) Market - RationalStat


Posted December 7, 2022 by Dorinda

The report entitled "Global In-Flight Entertainment & Connectivity (IFEC) Market" examines the in-flight entertainment and connectivity market in the world based on types, aircraft distribution methods, model of business, and region.

 
The report entitled "Global In-Flight Entertainment & Connectivity (IFEC) Market" examines the in-flight entertainment and connectivity market in the world based on types, aircraft distribution methods, model of business, and region. A complete report gives an in-depth historical and forecast market size, along with trend analysis. RationalStat offers information on the defense and aerospace industry overview, an overview of the size of the aircraft fleet as well as the installed base. It also provides market size and forecast, market share analysis, production capabilities, and passenger traffic as well as an overview of the market strategies and competition and growth opportunities for stakeholders and market players.

Market overview and dynamics: growth of technology and new trends such as BYOD are anticipated to boost the expansion of the global in-flight entertainment and connectivity market.

The worldwide IFEC market is anticipated to expand at a rate of approximately 7.5% during the period 2022-2028. A significant increase in the aviation sector, coupled with the growing use of wireless entertainment services is among the main factors contributing to the growth of the market. Additionally, the growing demand for luxurious air travel that includes premium amenities in the flight is driving the market growth. IFEC systems offer passengers personal wireless entertainment and seat-centric connectivity.

The Ka-band satellite communications (SATCOM) technology is seeing increasing popularity due to its ability in cutting down on data streaming times and provides high-speed internet connectivity. Therefore, it is likely to drive the expansion of the connectivity in-flight entertainment market since airlines are now looking to provide in-flight entertainment and connectivity solutions built in this kind of tech.

In addition, airlines are anticipating modernizing IFE connectivity and replacing traditional solutions, which is expected to fuel the growth of the market over the forecast time.

In addition, it is predicted that the rise of Bring Your Own Device (BYOD) as well as wireless portable electronic devices such as Smart Beacons will revolutionize segment growth. Additionally, the market is expected to be characterized by a significant level of dynamism because of the ongoing innovations that aim to create lightweight and modern technology for entertainment and connectivity in flight.



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
In-Flight Connectivity
Wired
Wireless
In-Flight Entertainment
Stored
Streamed
By Aircraft
Widebody
Narrow body
Business Jet
By Class
First Class
Business Class
Premium Economy
Economy
By Distribution Channel
Original Equipment Manufacturer (OEM)
Aftermarket
By Business Model
Wholesale
Revenue Sharing (Retail)
Independent
By Region
North America
US
Canada
Latin America
Brazil
Mexico
Rest of Latin America
Western Europe
Germany
UK
France
Spain
Italy
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
Japan
India
South Korea
Australia
ASEAN (Indonesia, Vietnam, Malaysia, etc.)
Rest of Asia Pacific
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/


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Issued By RationalStat
Country United States
Categories Aerospace , Defense , Security
Tags satellite connectivity , inflight connectivity , satellite communications , satcom
Last Updated December 7, 2022