In-Flight Entertainment & Connectivity Market is Forecasted to Reach US$ 8.2 Billion in 2034, Says Stratview Research

Stratview Research, a global market research firm has launched a report on the global in-flight entertainment & connectivity market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2023: US$ 4.9 billion

Market Size in 2034: US$ 8.2 billion

Growth (CAGR): 4.0% during 2024-2034

Leading Aircraft Type: Wide-Body Aircraft

Leading Product Type: Connectivity

Leading End-User Type: OE

Leading Sales Channel Type: BFE

Leading Region: North America

Forecast Period: 2024-2034

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights on the In-Flight Entertainment & Connectivity Market:

The global in-flight entertainment & connectivity market is segmented based on aircraft type, product type, end-user type, sales channel type, and region.

Based on aircraft type – The IFEC market is segmented into narrow-body aircraft, wide-body aircraft, regional aircraft, and business jets. Wide-body aircraft are anticipated to be the fastest-growing segment in the market over the forecast period, driven primarily by the rising number of non-stop long-haul flights globally. This growth is further supported by the increasing adoption of in-flight entertainment and connectivity (IFEC) systems, which are becoming a cost-effective alternative to new OEM components. As airlines prioritize enhancing passenger experience on longer routes, the demand for wide-body aircraft equipped with advanced IFEC systems is expected to grow significantly in the coming year.

Based on product type – The market is segmented into hardware, connectivity, and content. Connectivity is expected to lead the in-flight entertainment and connectivity (IFEC) market in the forecast year and is anticipated to grow at the fastest rate throughout the forecast period. The aviation industry's recovery has accelerated the adoption of connectivity solutions as airlines compete to attract passengers with enhanced in-flight experiences. The increasing number of long-haul and ultra-long-haul flights has created a greater need for connectivity solutions to keep passengers engaged and satisfied during extended travel periods. The growing preference for Bring Your Own Device (BYOD) setups allows passengers to use their devices for accessing in-flight entertainment and internet services. This has made connectivity a more integral part of the travel experience.

Based on end-user type – The market is bifurcated into OE and aftermarket. (OE) Original Equipment is expected to remain the dominant segment in the market over the next decade, both in terms of demand and growth rate. As airlines continue to prioritize the installation of advanced systems on new aircraft, OE components will play a crucial role in meeting passenger expectations and driving the industry's expansion.

To know the most attractive segments, click here for a free sample of the report:

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America holds the largest share of the market, while Asia-Pacific is expected to be the fastest-growing region through 2034. This growth outlook is majorly attributed to the following–

·      More than 80% of aircraft departing from this region are expected to be equipped with in-flight connectivity (IFC), and it is home to the six largest connected fleets globally. This substantial market share positions North America as an attractive hub for IFEC technologies.

·      The strong presence of key IFEC vendors, such as Panasonic, Viasat, Astronics, and Gogo, highlights the region's critical role in shaping the industry's future growth and development.

·      With a rising number of cities and infrastructure projects, there is an increasing demand for dependable waterproofing solutions to safeguard buildings from water-related damage.

In-Flight Entertainment & Connectivity Market Drivers:

Some of the key drivers listed in the report are given below.

·      Rising air travel demand, particularly in Asia-Pacific, and advancements in wireless connectivity, which allow airlines to reduce hardware costs while offering seamless entertainment and connectivity options.

·      Innovations such as BYOD (Bring Your Device) solutions and lightweight systems are also boosting adoption.

Top 5 Companies in the In-Flight Entertainment & Connectivity Market:

Stratview Research has identified the following companies as the top market players (arranged alphabetically).

• Panasonic Avionics Corporation
• Gogo Inc.
• Intelsat S.A.
• Thales Group
• Viasat, Inc

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the market, answering critical questions like

-      How big is the sales opportunity?

-      Which regions offer the best sales opportunities?

-      Which are the most attractive market segments?

-      Which are the top players and their market positioning?

-      How complex is the business environment?

-      What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

Related Reports:

·      In-Flight Entertainment Market

·      In-flight Connectivity Market

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About us –

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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