Global In-flight Entertainment & Connectivity (IFEC) Market -RationalStat

WILMINGTON, Del. - Dec. 6, 2022 - PRLog -- The report entitled "Global In-Flight Entertainment & Connectivity (IFEC) Market" examines the in-flight entertainment and connectivity market in the world based on types, aircraft distribution methods, model of business, and region. A complete report gives an in-depth historical and forecast market size, along with trend analysis.

Market overview and dynamics: growth of technology and new trends such as BYOD are anticipated to boost the expansion of the global in-flight entertainment and connectivity market.

The worldwide IFEC market is anticipated to expand at a rate of approximately 7.5% during the period 2022-2028. A significant increase in the aviation sector, coupled with the growing use of wireless entertainment services is among the main factors contributing to the growth of the market. Additionally, the growing demand for luxurious air travel that includes premium amenities in the flight is driving the market growth.

Segmental Analysis

• Based on the aircraft, the narrow-body aircraft segment is expected to dominate the IFEC market during the forecast period. This growth is the result of a rise in narrow-body aircraft deliveries across the world.

Competition Analysis: The increased penetration of personal and mobile devices including smartphones and tablets, has led to increased adoption of onboard communication and entertainment services by airlines to improve the overall passenger travel experience.

Due to the presence of many well-established companies in the global IFEC market, there is intense competition in the global IFEC market. The global IFEC market is expected to witness a pool of opportunities due to a surge in commercial aircraft deliveries in developing nations such as India and China, Asia-Pacific is projected to experience significant growth over the forecast period

• In February 2022, Thai Airways partnered with Stellar Entertainment. Under the agreement, Stellar Entertainment will provide account management, content delivery, TV and audio content, production services, strategic curation, film licensing, and technical services under the agreement.

Some of the prominent players operating in the market include BAE Systems plc, Collins Aerospace, Lufthansa Systems Gmbh & Co. KG, Panasonic Corporation, ViaSat Inc., Thales Group, Honeywell International Inc., Anuvu Operations LLC among others.

RationalStat has segmented the global in-flight entertainment & connectivity (IFEC) market on the basis of offering type, aircraft, distribution channel, business model, and region.

For more information about this report https://store.rationalstat.com/store/global-in-flight-entertainment-connectivity-ifec-market-trends-analysis-and-forecast/

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