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Wireless In-Flight Entertainment Market Worth $3.53 Billion by 2025: Grand View Research, Inc.SAN FRANCISCO, December 4, 2017 /PRNewswire/ -- The global wireless in-flight entertainment (W-IFE) market is expected to reach USD 3.53 billion by 2025, according to a new report by Grand View Research, Inc. Increased proliferation of mobile devices, such as smartphones, laptops, and tablets, has prompted airlines to start offering wireless in-flight connectivity & entertainment services to passengers, thereby providing them access to a wide spectrum of stored as well as streaming entertainment content and other connectivity services on their personal devices. (Logo: http://photos.prnewswire.com/prnh/20160524/371361LOGO ) In the U.S., the Federal Communications Commission (FCC), in conjunction with the Federal Aviation Authority (FAA) has permitted the use of Portable Electronic Devices (PEDs) inside the aircraft with implementation guidelines. This regulatory change is expected to pave the way for new and innovative W-IFE solutions. The combination of wireless in-flight connectivity and in-flight entertainment has opened several opportunities for the overall industry growth, such as streaming live movies, live content, and other Advertising Video-On-Demand (AVOD) services. There has been an increased number of partnerships among connectivity service providers across the globe for achieving enhancements in their service portfolios and providing high-speed connectivity services at economical rates. Recently, Inmarsat plc., a mobile satellite communication provider, collaborated with ViaSat, a digital communications provider, to develop new mobile satellite communication. Companies developing software for entertainment systems for W-IFE hardware and equipment are anticipated to grow at a phenomenal rate in line with the rising demand for dynamic entertainment solutions. Leading content providers, such as Global Eagle Entertainment Inc. (GEE) and Stellar Entertainment, are expected to grow at a considerable rate, leveraging the unique content services they offer via the streamed as well as the stored channels. At present, airlines across the globe are investing significantly towards the implementation of contemporary satellite broadband and connectivity technologies, in order to meet the growing expectations of passengers. With the growth in wireless connectivity and increasing adoption of the Bring Your Own Device (BYOD) trend, passengers are increasingly preferring wireless services for in-flight entertainment and connectivity. The BYOD trend has prompted many airlines to eliminate the back-seat IFE systems, thereby reducing the overall weight and icreasing the saving on fuel costs. This is particularly helping the cost competitive airlines to reduce their fares while still delivering a substantial IFE experience. Browse full research report with TOC on "Wireless In-Flight Entertainment (W-IFE) Market Analysis By Aircraft Type (Narrow-Body, Wide-Body, Regional Jet), By Fitment Type (Retrofit, Line Fit), By Hardware, By Technology, And Segment Forecasts, 2014 - 2025"at: http://www.grandviewresearch.com/industry-analysis/wireless-in-flight-entertainment-w-ife-market Further key findings from the report suggest:
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Grand View Research has segmented the global Wireless In-Flight Entertainment (W-IFE) market on the basis of aircraft type, fitment type, hardware, technology, and region:
Read Our Blog By Grand View Research: https://www.grandviewresearch.com/blogs/technology About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Contact: Web: http://www.grandviewresearch.com SOURCE Grand View Research, Inc. |