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

1
In-flight Entertainment and Connectivity 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.
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• Top Key Market Players in In-flight Entertainment
  Connectivity Market
• Thales Group (France),
• Viasat, Inc. (US),
• Astronics Corporation (US),
• Iridium Communications Inc. (US),
• 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.

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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 _at_ https//www.marketsandmarkets.com/request
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