Inflight Entertainment and Connectivity Market size is valued at USD 5,261.3 million in 2021 and grow at a significant CAGR of 8.3% during the forecast period 2022 to 2028. The global market provides a detailed overview of the Inflight Entertainment and Connectivity market and that can be segmented by product, aircraft type, by class, and end-user. By product, the inflight entertainment and connectivity market has been segmented into IFE Hardware, IFE Connectivity, and IFE Content. The IFE Hardware segment is likely to be the largest and fastest-growing segment in terms of type. Based on aircraft type the inflight entertainment and connectivity market is segmented into Commercial Aviation, Business Jets. Among these, the commercial aviation segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on class, the market is segmented into Economy, First Class, and Business Class. The economy segment accounts for the largest share in 2021. Based on the end-user, the segment has been segregated into OEM and Aftermarket. The OEM segment is expected to dominate other segments in the market over the forecast period according to precision business insights.
In June 2021, Thales launched AVANT UP, an in-flight entertainment system that offers features such as 4K HDR displays, in-seat power, and an open operating system. The launch of the product enabled the company to strengthen its position in the global IFEC market