The In-flight Entertainment Systems Market is being driven by Technological advancements and partnerships
The In-flight Entertainment Systems Market is expected to grow at a CAGR of 4.38% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1115.05 million. In-flight entertainment and connectivity (IFEC) is increasingly becoming a key differentiator for airline carriers, with basic voice and messaging services expanding to include advanced wireless solutions. The in-flight entertainment systems market is experiencing significant growth due to the adaptability of wireless technologies in both single and twin-aisle aircraft. The introduction of High Throughput Satellites (HTS) using Ka-band technology has revolutionized in-flight connectivity, enabling passengers to stream media content, access geo-positioning services, and utilize various applications during their flight experience. This technological advancement empowers airlines to offer enhanced value propositions to passengers, setting them apart from competitors.
Get more information on In-flight Entertainment Systems Market by requesting a sample report
Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Aircraft Type (Wide-body, Narrow-body, Business jet) Product (Hardware, Connectivity, Content) Geography (North America, APAC, Europe, Middle East and Africa, South America).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
Rich Experience: 20+ years leading global market research, trusted insights across industries.
Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.
Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.
Key Features in In-flight Entertainment Systems Market Research Report
Find out which segment is leading the market by accessing the free PDF report
The In-flight Entertainment Systems (IFES) market in the aviation industry is witnessing significant growth due to the integration of high-tech planes with online inflight buying capabilities. Narrow and wide body aircraft are equipped with seatback screens, real-time data, and intelligent devices for passengers' entertainment. Personal electronic devices like cellphones, laptops, and gaming consoles can be connected via networking technologies and wireless connectivity for internet surfing and streaming media. Air conditioning controls, power units, and connection hardware ensure bug-free and reliable connectivity. The market includes commodity hardware, real-time images, and consumer electronics, making in-flight WiFi an essential part of modern air travel.
The In-Flight Entertainment Systems (IFES) market is a significant segment of the global aerospace and defense industry, falling under the capital goods market. This market encompasses businesses involved in the production of IFES for high-tech planes, including narrowbody and widebody aircraft and business jets. Technavio, a leading technology research agency, classifies the aerospace and defense market as part of the capital goods sector, which covers industries such as aerospace and defense, building, construction and engineering, electrical equipment, industrial conglomerates, machinery, trading companies, and distributors. The market size is determined by the consolidated revenue generated by these manufacturers and providers. In-flight entertainment systems incorporate advanced technology, enabling real-time images, online buying, and the use of electronic devices during air travel. The aerospace and defense industry includes commercial and general aviation, defense platforms, arms and ammunition, defense electronics, defense logistics equipment, space platforms, equipment, and launch vehicles, as well as maintenance, overhaul, and repair (MRO) activities related to these sectors.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted
One user only.
Quick & easy download option
Unlimited user access (Within your organization).
Complimentary Customization Included
*For Enterprise license, go to checkout page
Get the report (PDF) sent to your email within minutes.
