Press release
Wireless In-Flight Entertainment (W-IFE) Market Evolving Technology, Trends and Demand 2021 to 2027 | Panasonic Corporation, Rockwell Collins Inc., SITA OnAir, Thales Group S.A
Wireless In-Flight Entertainment (W-IFE) Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.SPECIAL OFFER (Avail an Up-to 25% discount on this report, please fill the form and mention the code: MIR30 in the comments section)
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Wireless In-Flight Entertainment (W-IFE) Market size was USD 5.71 billion in 2019 and is projected to reach USD 7.68 billion by 2027, exhibiting a CAGR of 9.76% during the forecast period.
Markets Segmentation:
Top leading Companies Profiled in Wireless In-Flight Entertainment (W-IFE) Market Report are BAE Systems PLC, Bluebox Avionics Ltd, Gogo Inc., Inflight Dublin, Ltd, Lufthansa Systems GmbH, Panasonic Corporation, Rockwell Collins Inc., SITA OnAir, Thales Group S.A., Zodiac Aerospace SA
News and Updates
In February 2021, Qatar Airways announced the upgrade of its B787-8 Dreamliner fleet with the latest AVANT IFE systems from Thales. The upgrade includes the latest High Definition (HD) capacitive touch screen technology enabling passengers to seamlessly navigate the graphical user interface (GUI) using familiar gestures from their smartphone or tablet. Thales has developed an upgrade program to adapt the existing legacy system to incorporate new AVANT screens and servers into the existing seats and aircraft infrastructure. This turnkey approach includes delivery of full seat modification, hardware, the required certifications, and the ability to leverage media integration commonality across the Qatar Airways fleet equipped with AVANT.
In June 2020, Burrana unveiled its latest and most powerful IFE platform, RISE, which can solve the most challenging issues of the airlines regarding inflight entertainment while providing passengers with a unique inflight experience. The RISE platform is enabled by shared hardware and a common 48VDC power backbone, and each seatback display supports 4K Ultra High Definition (UHD), integrated single-pin audio, Bluetooth, Near Field Communication (NFC), and the airline’s choice between USB-C or the industry’s highest power USB-A offering.
Market Overview
Inflight entertainment (IFE) refers to the entertainment available to aircraft passengers during a flight. In recent years, IFE has expanded to include inflight connectivity (IFC) services such as internet browsing, text messaging, cell phone usage (wherever permitted), and wireless streaming. They constitute the inflight entertainment and connectivity (IFEC) systems.
The inflight entertainment and connectivity market is segmented by product type, fit, class, and geography. By product type, the market is segmented into content, hardware, and connectivity. By fit, the market has been segmented into retrofit and linefit. By class, the market has been segmented into economy class, business class, and first class.
Hardware includes display screens, remote controllers, headsets/earphones, Wi-Fi routers, antennas, and other connectivity systems. Content includes all games, shows and serials, movies, songs, and other audio and video entertainment. This segment also includes a software interface on the devices that makes IFEC available to customers.
Inflight connectivity includes services like internet browsing, text messaging, cell phone usage (where permitted), and emailing. Most of the airlines, these days, started offering inflight Wi-Fi for passengers on select flights, based on the class they choose. Airlines that have onboard Wi-Fi are now putting efforts to make it better, faster, and cheaper. Inflight Wi-Fi has become a prominent means for inflight entertainment delivery. The growth in the content segment is also attributed to the increase of new IFEC equipment on the aircraft. Thus, the demand for the software has increased.
Market Segmented By Types
Narrow-Body
Wide-Body
Regional Jet
Market Segmented By Applications
ATG
KU-Band
L-Band
Ka-Band
Regional Analysis:
Europe and Asia-Pacific are expected to be the worst hit in terms of international passenger traffic and revenues. Thus, airlines are deferring or canceling their order book, limiting the scope of growth of the market. Airlines resorted to premature fleet retirement to reduce operational costs. For instance, even after receiving USD 10.6 billion in government relief in April 2020, American Airlines still reported pandemic-related losses of about USD 70 million daily, resulting in the airline planning to retire its A330-300, B757, B767, and E190 aircraft. Some airlines are also deferring or canceling their order book to sustain liquidity, reducing the potential for both linefit and retrofit aspects of the market during the forecast period.
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Key Takeaways from Wireless In-Flight Entertainment (W-IFE) Report
─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals
─Understand the different dynamics influencing the Wireless In-Flight Entertainment (W-IFE) market – key driving factors, challenges and hidden opportunities.
─Get in-depth insights on your competitor performance – Wireless In-Flight Entertainment (W-IFE) market shares, strategies, financial benchmarking, product benchmarking, SWOT and more
─Analyze the sales and distribution channels across key geographies to improve top-line revenues.
─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Wireless In-Flight Entertainment (W-IFE)
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In conclusion, the Wireless In-Flight Entertainment (W-IFE) market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Wireless In-Flight Entertainment (W-IFE) Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.
Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
Irfan Tamboli (Head of Sales) – Market Insights Reports
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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