Thursday 26 March 2015, Amsterdam
The report recognizes the following companies as the key players in the Global In-flight Entertainment Market: Global Eagle Entertainment Inc., Panasonic Avionics Corp., Rockwell Collins Inc. and Thales SA
Other Prominent Vendors in the market are: Airlines Services, Digecor, DMD Phantom, IFE Services, Interact, Lumexis, OnAir, Spafax, StoreBox Inflight, Tradex and Zodiac Inflight Innovations.
The report said: “One of the major trends in this market is the adoption of emerging technologies that are user-friendly and would reduce the installation costs of IFE systems. The market vendors are using technologies such as Ku and Ka band for air-to-ground communications. Wireless content streaming and portable solutions is increasingly gaining importance in the IFE market and is expected to have a positive impact on the growth of this market.”
According to the report, the major driver in the market is the intense competition among various airlines leading to an increase in passenger services provided by various airlines. The airline operators, in a bid to retain their consumer base and improve their existing market share, have shifted their focus to value-added services for passengers.
Further, the report states that the rapid technological change in IFE systems is one of the major challenges faced by vendors in this market. Changes in technology and the resulting rapid product obsolescence force airline operators to adopt a wait-and-watch strategy, thereby curtailing market growth subsequently.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.