1 / 3

In-flight Entertainment and Connectivity Market to Reach $6.1 Billion in 2026

The in-flight entertainment and connectivity market is expected to grow from USD 4.7 billion in 2021 to USD 6.1 billion by 2026, at a CAGR of 5.2% during the forecast period.

sandeeproy
Download Presentation

In-flight Entertainment and Connectivity Market to Reach $6.1 Billion in 2026

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. In In- -flight Entertainment and Connectivity flight Entertainment and Connectivity Market to Reach $6.1 Billion in 2026 Market to Reach $6.1 Billion in 2026 The In-flight Entertainment and Connectivity Market, valued at USD 4.7 billion in 2021, is projected to reach USD 6.1 billion by 2026, with a compound annual growth rate (CAGR) of 5.2% during the forecast period. The growth of this market is primarily attributed to increased demand for in-flight experiences, rising aircraft renewals and deliveries, and technological advancements. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=860 Top Key Market Players in In-flight Entertainment & Connectivity Market: 1.Thales Group (France), 2.Viasat, Inc. (US), 3.Astronics Corporation (US), 4.Iridium Communications Inc. (US), 5.Gogo LLC (US). Key Market Insights: Market Segmentation: The market is segmented by product (IFE Hardware, IFE Connectivity, IFE Content), class (First Class, Business Class, Economy Class), aircraft type (Narrow Body Aircraft, Wide Body Aircraft, Business Jets), end user (OEM, Aftermarket), and region. Impact of COVID-19: The COVID-19 pandemic adversely affected the end-use industries, resulting in a temporary decline in aircraft orders and deliveries in 2020. Recovery was expected to begin in Q1 2021. IFE Hardware Segment: IFE hardware is expected to lead the market, accounting for a 60% share in 2021. The segment's growth is driven by product launches, such as those by Thales Group, offering features like open operating systems and 4K HDR displays. First Class Segment: The first-class segment is projected to witness the highest CAGR during the forecast period, driven by the demand for premium in-flight services, comfort, and spacious seating. Narrow Body Aircraft Segment: The narrow body aircraft segment is expected to experience the highest CAGR, fueled by increasing domestic air travel demand in countries like India, Japan, Australia, China, the US, and Russia.

  2. OEM Segment: The OEM segment is projected to have the highest CAGR during the forecast period, as new airlines focus on pre-installed in-flight systems provided by manufacturers, and the demand for in-flight entertainment grows with increased passenger numbers and aircraft. North American Market: North America is anticipated to hold the largest market share during the forecast period, with a 5.7% CAGR. This is attributed to the presence of major in-flight entertainment and connectivity manufacturers such as Viasat, Inc., Astronics Corporation, Iridium Communications Inc., and Gogo LLC. Dominant Players: The in-flight entertainment and connectivity market is dominated by globally established players, including Thales Group, Viasat, Inc., Astronics Corporation, Iridium Communications Inc., and Gogo LLC. Ask for Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=860 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one ofAmerica’s best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visitwww.MarketsandMarkets™.comor onTwitter,LinkedInandFacebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. follow us

  3. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email:sales@marketsandmarkets.com

More Related