The global In-Flight Entertainment And Connectivity Market size is estimated to reach USD 11.79 billion by 2030, registering a CAGR of 8.4% from 2023 to 2030, as per a new report by Grand View Research, Inc. The changing demand for absolute connectivity onboard is one of the key factors driving the industry growth. The increasing number of long-distance flights worldwide is expected to offer substantial growth potential for the industry over the coming years. There has been a significant rise in the consumer demand for connectivity assistance within the aircraft cabin. The comprehensive in-flight entertainment & connectivity (IFEC) capacities are increasing, associated with the enhancements in wireless connectivity delivered to passengers.
This
growth is anticipated to provide airlines with ample opportunities to increase
their ancillary revenue. Passengers are using more in-flight gadgets than ever
before; 65% of passengers are streaming their own devices compared to 44%
opting to use seatback unit LCDs for in-flight entertainment purposes. As per
the Inmarsat survey, 55% of customers think in-flight Wi-Fi is a crucial thing,
and 67% of customers will rebook airlines provided with high-quality in-flight
Wi-Fi. An increase in quality Wi-Fi services by airlines is boosting the growth
of the industry. The major airline companies are substituting screens and heavy
cablings with onboard Wi-Fi systems for passengers to acquire their own devices.
This
will decrease the overall weight of the aircraft. In addition, airlines
frequently tend to alter their in-flight connectivity service provider to
reasonably comprehend the technologies, in terms of performance and general
experience to the passengers, eventually providing the most reasonable value to
the airlines. This trend is expected to grow in the number of alliances and
associations in the marketplace as airline companies and satellite connectivity
providers work hand-in-hand to ensure flawless in-flight connectivity and
entertainment services.
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In-flight Entertainment And Connectivity Market Report
Highlights
- In an
endeavor to maintain a competitive advantage, key airlines worldwide have
adopted replacing traditional seatback IFE systems with wireless in-flight
entertainment systems
- Major
service providers are collaborating with airline companies to deliver more
comprehensive coverage and capacity
- Increasing
acceptance for IFEC systems by low-cost carriers to improve the customer’s
experience in short-run flights
- Utilizing
wireless instead of wired networks has significant compensations for the
airlines, such as the decrease in overall weight with the abolishment of
cabling, thereby allowing easier installation and lowering fuel &
maintenance costs
In-flight Entertainment And Connectivity Market Segmentation
Grand
View Research has segmented the global in-flight entertainment and connectivity
market based on component, aircraft type, offering type, and region:
In-flight Entertainment & Connectivity Component
Outlook (Revenue, USD Million, 2018 - 2030)
- Hardware
- Non-portable
- Portable
- Connectivity
- Wired
- Wireless
- Content
- Stored
- Streamed
In-flight Entertainment & Connectivity Aircraft Type
Outlook (Revenue, USD Million, 2018 - 2030)
- Narrow-Body
Aircraft (NBA)
- Wide-Body
Aircraft (WBA)
- Very Large
Aircraft (VLA)
In-flight Entertainment & Connectivity Offering
Type Outlook (Revenue, USD Million, 2018 - 2030)
- In-flight
Entertainment (IFE)
- In-flight
Connectivity (IFC)
In-flight Entertainment & Connectivity Regional
Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- China
- Japan
- Latin
America
- Middle East
& Africa
About Us:
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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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