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The global in-flight entertainment & connectivity market size was valued at USD 6.37 billion in 2022. The market is projected to grow from USD 7.48 billion in 2023 to USD 21.03 billion by 2030, exhibiting a CAGR of 15.9%. Fortune Business Insights™ presents this information in its report titled “In-Flight Entertainment & Connectivity Market Size, Share & COVID-19 Impact Analysis, By Type (IFE Hardware (Portable IFE System and Non-Portable IFE System) and IFE Connectivity (Wired Connectivity and Wireless Connectivity)), By Aircraft Type (Narrow Body, Wide Body, Business Jets, and Regional Jets), By End-User (OEM and Aftermarket) and Regional Forecast, 2023-2030”.
Several aircraft use in-flight entertainment & connectivity system to enhance passengers’ travel experience. The IFEC system includes personal television, audio & video entertainment, data communication, internal telephone, and other services. Integrating these advanced systems in flight is anticipated to propel the market during the forecast period.
Stringent Air Travel Laws Plunged Market During Pandemic
Air travel restrictions during the pandemic negatively affected the aviation industry. The number of passengers also reduced post-covid by 59%, according to Airport Council International (ACI). However, major aviation companies are concentrated on developing strategies to recover the market by attracting passengers through the in-flight entertainment & connectivity system.
Delta Airlines Premium Membership Services to Lure Customers
Delta Airlines introduced “full, fast, free” Wi-Fi for all SkyMiles members in January 2023. From February 1st, 2023, the services are available on domestic flights and are said to be available for regional flights by the end of 2024.
Premium Flight Experience by Low-Cost Air Carriers to Propel Market Growth
To keep passengers delighted, aviation companies focus on high-speed internet, comfortable seats, entertainment solutions, and much more. IFE service providers play a crucial role in providing this experience. Hence they are concentrated on developing solutions that will improve the passenger’s flight experience and make the passengers less fatigued during long trips. Moreover, low-cost aircraft are also offering premium seats, which is expected to increase the in-flight entertainment & connectivity market share. However, complex IFEC design architecture may impede the market growth.
To get a detailed report summary and research scope of this market, click here:
https://www.fortunebusinessinsights.com/in-flight-entertainment-connectivity-market-102519
Innovation and Development of IFEC to Aid in Major Players’ Global Expansion
The IFEC market is fragmented, with many market leaders such as Gogo LLC, Viasat, Inc., Panasonic Avionics Corporation, Burrana Pty Ltd., and Collins Aerospace, among others. Developing and innovating IFEC technology to offer an enhanced travel experience is the companies’ primary focus.
Notable Industry Development:
List of Key Players Profiled in the Report:
Further Report Findings:
Report Scope & Segmentation
ATTRIBUTE | DETAILS |
Study Period | 2019-2030 |
Base Year | 2022 |
Estimated Year | 2023 |
Forecast Period | 2023-2030 |
Historical Period | 2019-2021 |
Growth Rate | CAGR of 15.9% from 2023 to 2030 |
Unit | Value (USD Billion) |
Segmentation | Type; IFE Hardware; IFE Connectivity; Aircraft Type; End-User and Geography |
By Type
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By IFE Hardware
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By IFE Connectivity
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By Aircraft Type
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By End-User
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By Geography |
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