Press release
Inflight Entertainment And Connectivity Space Market on Path to Hit $10 Billion by 2029 at 8.3% CAGR
Inflight Entertainment And Connectivity Space
Inflight Entertainment And Connectivity Space Market Outlook: What Size And CAGR Are Anticipated By 2025?
The market size for inflight entertainment and connectivity has seen substantial growth in recent years. Its expansion from $6.7 billion in 2024 to $7.26 billion in 2025 with a compound annual growth rate (CAGR) of 8.3% demonstrate this trend. The historical growth is influenced by several factors including the growth of airline companies and fleet upgrades, an increase in business travels, a growing inclination towards premium services, an upsurge in the number of airplanes equipped with inflight Wi-Fi, and a rise in the utilization of personal electronic gadgets.
What Is the Expected CAGR for the Inflight Entertainment And Connectivity Space Market Growth Through 2029?
Expectations are high for robust growth in the inflight entertainment and connectivity market in the coming years, with projections standing at $10 billion by 2029, reflecting a compound annual growth rate (CAGR) of 8.3%. Factors contributing to this predicted growth include an increase in disposable income, a surge in the demand for in-flight connectivity, a greater dependency on satellite communication systems, escalating passenger expectations for in-flight amenities, and a growing trend in the usage of streaming platforms. Looking ahead, the forecast period is likely to see cutting-edge technology adoption, the incorporation of cloud-based platforms, progress in 5G and satellite communications, AI-driven customisation, and the rise of digital inflight shopping.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/inflight-entertainment-and-connectivity-space-global-market-report
What Are the Primary Drivers Behind Inflight Entertainment And Connectivity Space Market Growth?
The surge in passenger traffic is projected to boost the advancement of the in-flight entertainment and connectivity spaces market. Passenger traffic encompasses the total count of individuals, including arrivals and departures, transiting through an airport. This surge is linked to the increasing global population, higher disposable income, and the proliferation of cost-effective air travel alternatives, which all contribute to greater demand for transportation services. In-flight entertainment and connectivity platforms enhance passenger experiences by providing uninterrupted access to entertainment, communication, and productivity resources during flights. This plays a crucial role in attracting more passengers and expanding overall traffic in the airline sector. For example, data from the Airports Council International, a trade association based in Canada, in September 2024 revealed that the global passenger traffic in 2023 rose to 8.7 billion, a 30.6% increase from 2022. Hence, the surge in passenger traffic is fueling the expansion of the in-flight entertainment and connectivity spaces market.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=21492&type=smp
What Are the Key Segments Driving Inflight Entertainment And Connectivity Space Market Growth?
The inflight entertainment and connectivity space market covered in this report is segmented -
1) By Component: Hardware, Content, Connectivity
2) By Connectivity Type: Satellite Connectivity, Air-To-Ground Connectivity
3) By Aircraft Type: Narrow-Body Aircraft, Wide-Body Aircraft, Business Jets
4) By End User: Original Equipment Manufacturer (OEM), Aftermarket
Subsegments:
1) By Hardware: Seatback Screens, Overhead Display Units, Portable Entertainment Devices, Inflight Servers And Storage Units, Wireless Streaming Devices
2) By Content: Movies And TV Shows, Music And Podcasts, Games And Interactive Content, Live News And Sports Streaming, E-Magazines And Digital Publications
3) By Connectivity: Satellite-Based Connectivity, Air-To-Ground (ATG) Connectivity, Wi-Fi And Broadband Services, 5G And Next-Generation Networks, Real-Time Communication Services (Messaging And Calls)
What Are the Technological Trends Impacting the Inflight Entertainment And Connectivity Space Market?
Leading corporations in the in-flight entertainment and connectivity market are crafting innovative solutions such as wireless in-flight recreation, with the aim of enriching the passenger experience through more tailored, adaptable, and uninterrupted entertainment during flights. The wireless in-flight entertainment system accords passengers with the accessibility to entertainment content and connectivity facilities on their private devices whilst on board. For example, in August 2024, Air India, an aviation company based in India, unveiled Vista, a novel wireless inflight entertainment (IFE) facility. This service is designed to improve the travel encounter by allowing travelers to stream a comprehensive selection of content directly to their individual gadgets, including Bollywood and Hollywood movies, music, documentaries, and also offers a real-time flight tracking function.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=21492&type=smp
Who Are the Major Competitors in the Global Inflight Entertainment And Connectivity Space Market?
Major companies operating in the inflight entertainment and connectivity space market are Airbus SE, Honeywell International Inc., Collins Aerospace Systems, Lufthansa Systems GmbH & Co. KG, Thales SA, Viasat Inc., Sita, Iridium Communications Inc., Inmarsat Group Holdings Limited, Panasonic Avionics Corporation, Astronics Corporation, Gogo Business Aviation, Anuvu Inc., AERQ, Inflight Dublin Limited, Soft Space Sdn Bhd, Bluebox Aviation Systems Ltd., Safran SA, Skycast Solutions Inc., Moment Tech Limited
Which Region Dominates the Inflight Entertainment And Connectivity Space Market Share in 2025?
North America was the largest region in the inflight entrainment and connectivity space market in 2024. The regions covered in the inflight entertainment and connectivity space market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Reach out to us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
The Business Research Company, with over 17,500+ reports across 27 industries and 60+ geographies, backed by 1,500,000 datasets and insights from industry leaders, offers comprehensive market intelligence through its flagship product, the Global Market Model (GMM), delivering updated forecasts for informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Inflight Entertainment And Connectivity Space Market on Path to Hit $10 Billion by 2029 at 8.3% CAGR here
News-ID: 4254242 • Views: …
More Releases from The Business Research Company
Rising Industry Demand Identified as a Major Catalyst Accelerating Seismic Prote …
How Big Will the Seismic Protection Device Market Grow by 2025?
The market pertaining to seismic protection devices has experienced robust expansion recently, projected to ascend from a value of $2.88 billion in 2024 to $3.07 billion the following year, reflecting a compound annual growth rate of 6.9%. This upward trajectory during the past period stems from several contributing factors, including the greater emphasis on infrastructure projects situated in earthquake-prone areas,…
Global Rugby Apparel Market Expected to Grow at 11.3% CAGR, Reaching $2.1 Billio …
What Market Value Will the Rugby Apparel Industry Achieve by 2025?
Recent escalations have characterized the expansion of the market for rugby attire, projected to elevate its value from 1.23 billion dollars in 2024 to 1.38 billion dollars the subsequent year, reflecting an average annual increase rate (CAGR) of 11.5%. This upward trajectory observed over the past period stems from several contributing factors, including greater involvement in rugby activities, the…
Future of the Request For Proposal (RFP) Response Automation Artificial Intellig …
What Market Size Is the Request For Proposal (RFP) Response Automation Artificial Intelligence Industry Projected to Reach by 2025?
The market encompassing artificial intelligence solutions for automating responses to requests for proposals has seen dramatic expansion lately; this segment is projected to escalate from a valuation of $0.90 billion in 2024 to $1.10 billion by the following year, reflecting a sustained compound annual growth rate of 22.1%. This upward trajectory during…
Booming Construction Activity Drives Growth of the Raised Floor Market by 2025
What Will the Raised Floor Market Size Reach by 2025?
The market encompassing raised floors has experienced swift expansion lately, projected to increase its valuation from $1.73 billion in the year 2024 to $1.90 billion by 2025, reflecting a compound annual growth rate (CAGR) of 10.1%. This historical upswing in the sector's performance is primarily driven by several factors, including the increasing construction of corporate office spaces, the proliferation of facilities…
More Releases for Connect
Guide to Connect Expedia Customer Service: 24/7 Live Expedia Phone Number| Fast …
Expedia is known for its excellent customer service, offering multiple ways to get assistance when needed. Whether you're looking for Expedia customer service 24 hours support +1-888 (349-5429), need to speak with a live person, or want to reach out via email, we've got you covered. In this article, we will guide you on how to contact Expedia customer service directly and efficiently.
Expedia Customer Service Phone Number
The fastest way to…
Connect Real Dating Introduces "Connect Map" - Revolutionizing Real-Time Sociali …
Connect Real Dating, the innovative dating app designed for real life connections, is excited to announce the launch of its latest feature, the "Connect Map". This game-changing tool is set to transform the way singles socialize, making it easier than ever to discover and connect with others in real time.
Imagine it's a Friday night, and you're ready to hit the town. Instead of guessing where everyone is gathering, the Connect…
Cross-Connect System Market
According to new research study on "Cross-Connect System Market," the report delivers comprehensive insights into the market's size, share, trends, and analysis. It encompasses a wealth of information regarding the industry's overview, growth patterns, demand dynamics, and global forecasts. Additionally, the report meticulously evaluates the competitive landscape, offering detailed profiles of key market players. Factors driving growth, market constraints, and recent industry developments are thoroughly examined within the report to…
Appylyf - Connect, communicate & collaborate
Appylyf is proud to announce the launch of its innovative communication and collaboration platform that is designed to streamline workflow and improve productivity for businesses and individuals alike.
"At Appylyf, we believe that communication and collaboration are the keys to success in today's fast-paced world," said Mr. Prabu P Kishore, The CEO of Appylyf.
"We created this platform to simplify the communication process, eliminate the need for multiple platforms, and ultimately help…
Connector Manufacturers Connect To Sensors
What functions do sensors perform? What applications utilize sensors? What are the fastest growing applications for electronic sensors?What is driving the interest in sensors by connector manufacturers? What advantages can connector manufacturers bring to the sensor market? What is the synergy between connectors and sensors?Who are the current leaders in the electronic sensor industry? What is the global market value of electronic sensors? What is the global market forecast for…
Connect with Concept Evolution…
Concept Connect from FSI (FM Solutions) Limited, Microsoft Gold partners, allows access to the Concept Evolution completely web-based Computer Aided Facilities Management (CAFM) solution to sub-contractors and those who do not require full system capability.
With Concept Connect, contractors and users can have a tailored version of Concept Evolution, giving them instant access to the information relevant to their contract, including Purchase Orders, Quotes, Task Management, Timesheets and Reports.
Features of Concept…
