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In-flight Entertainment & Connectivity Market Share

Report ID: GMI8751
Published Date: Mar 2024
Report Format: PDF

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In-flight Entertainment & Connectivity Market Share

Thales SA and Panasonic Avionics Corporation hold a significant share of over 20%. Thales Group’s lead can be attributed to its innovative, comprehensive solutions that enhance passenger experience. The company offers advanced entertainment systems, reliable connectivity options, and personalized services, making it a preferred choice for airlines globally.

Panasonic Avionics Corporation provides cutting-edge solutions that offer passengers a wide range of entertainment options, high-speed internet access, and seamless connectivity, thereby enhancing the overall travel experience and satisfaction. This helps the company get a competitive advantage in the market.

In-flight Entertainment & Connectivity Market Companies

Major players operating in the in-flight entertainment & connectivity industry are:

Panasonic Avionics Corporation
Thales SA
Astronics Corporation
Gogo LLC
RTX Corporation
ViaSat Inc.
Honeywell International Inc.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The In-flight Entertainment & Connectivity (IFEC) Market was valued at over USD 6 billion in 2023 and is estimated to register a CAGR of over 8.5% between 2024 & 2032, driven by the investment in high-speed in-flight connectivity solutions, enabling passengers to browse the internet.

The narrow-body aircraft segment is expected to register a CAGR of over 8.5% over the next decade, accounting for over USD 5 billion by 2032, owing to the rising sales of low-cost carriers, with focus on IFEC solutions as a value-added service to enhance passenger experience and generate ancillary revenue.

North America in-flight entertainment & connectivity accounted for a revenue share of over 35% in 2023 and will continue to grow through 2032, owing to the high expectation of passengers, particularly business travelers, for continuous connectivity to stay productive and entertained throughout their flights.

Panasonic Avionics Corporation, Thales SA, Astronics Corporation, Gogo LLC, RTX Corporation, ViaSat Inc., and Honeywell International Inc. are notable industry players.