In-Flight Entertainment & Connectivity Market to Exhibit a 15.9% CAGR during 2023-2030; Premium Air Travel Experience by Budget Friendly Air Carriers to Expand Market

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 1^st, 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.

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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: 

• April 2022 – Alaska Airlines has selected Intelsat to provide in-flight connectivity (IFC) for 105 of its new Boeing 737 MAX aircraft. The aircraft is equipped with Intelsat's 2Ku in-flight connectivity and streaming entertainment system, which is already on more than 150 Alaskan aircraft. Deliveries of Intelsat-equipped aircraft have already begun and will continue through 2024 for Alaska Airlines' new 737-9.

List of Key Players Profiled in the Report:

• Astronics Corporation (U.S.)
• Burrana Pty Ltd. (Australia)
• Collins Aerospace (U.S.)
• FDS Avionics Corp. (U.S.)
• Global Eagle Entertainment, Inc. (U.S.)
• Gogo LLC (U.S.)
• Honeywell International Inc. (U.S.)
• Lufthansa Systems GmbH & Co. KG (Germany)
• Panasonic Avionics Corporation (U.S.)
• Safran (France)
• Sitaonair (Switzerland)
• SmartSky Networks, LLC (U.S.)
• Thales Group (France)
• Viasat, Inc. (U.S.)

Further Report Findings:

• North America dominates the market due to the high demand for long-range business jets and electric jets. The region’s valuation was USD 2.07 billion in 2022 and is likely to grow during the forecast period.
• Europe holds the second-largest share of the IFEC market. The adoption of 5G technology and the upgrade of IFEC systems to enhance the air travel experience are contributing to the region’s growth.
• Rest of the world is projected to observe adequate growth during the forecast period. Increasing investment in airports, enhanced in-flight experience, and a rise in air passenger traffic are factors driving the inflight entertainment & connectivity system’s market growth.

Report Scope & Segmentation