In-flight Entertainment & Connectivity Market Growth & Trends
The global international in-flight entertainment & connectivity market size is predicted to achieve USD 11.79 billion by 2030, increasing at a CAGR of around 9.0% from 2022 to 2030, as per a new report by Grand View Research, Inc. The changing passenger demand for absolute connectivity onboard is one of the key factors driving the market's growth. The increasing number of non-stop long-distance flights worldwide is expected to offer substantial growth potential for the in-flight entertainment & connectivity market over the coming years.
There has been a significant rise in the consumer demand for connectivity assistance within the aircraft cabin. The comprehensive in-flight entertainment & connectivity (in-flight entertainment and connectivity) capacities are increasing, associated with the enhancements in wireless connectivity delivered to passengers. This growth is anticipated to provide airlines with ample opportunities to increase their ancillary revenue.
The in-flight entertainment and connectivity market is on the verge of cracking into the mainstream and evolving an anticipated service offered on international flights sooner than an optional extra service. As DGCA has given permission for onboarding Wi-Fi in India in commercial flights in 2020, passengers are looking forward to this as an experience rather than traveling.
Passengers are using more gadgets than ever before in-flight; 65% of passengers are streaming their own devices compared to 44% opting to use seatback unit LCDs for in-flight entertainment purposes. As per the Inmarsat survey, 55% of customers think in-flight Wi-Fi is a crucial thing, and 67% of customers will rebook airlines provided with high-quality in-flight Wi-Fi. An increase in quality Wi-Fi services by airlines is boosting the in-flight entertainment and connectivity market.
Airlines frequently tend to alter their IFC service provider to reasonably comprehend the technologies in terms of performance and general experience to the passengers, eventually providing the most reasonable value to the airlines. This trend is expected to grow in the number of alliances and associations in the marketplace as airline companies and satellite connectivity providers work hand in hand to ensure flawless in-flight entertainment and connectivity services onboard.
The major airline companies throughout the world are substituting screens and heavy cablings with onboard Wi-Fi systems for passengers to acquire their own devices, which will decrease the aircraft's overall weight. Nowadays, the trend of customers bringing their electronic devices (PED) on board and ready to spend an extra cost for utilizing Wi-Fi during the flight is growing exponentially. Furthermore, an increase in the need to play live TV onboard directly on the customers' devices, eventually creating good growth prospects for the in-flight entertainment and connectivity market.
In-flight Entertainment & Connectivity Market Report Highlights
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