In-flight Entertainment & Connectivity Market Size
OREGAON, PORTLAND, UNITED STATES , December 4, 2023 /EINPresswire.com/ — According to the report published by Allied Market Research, the global in-flight entertainment & connectivity market generated $4.13 billion in 2020, and is expected to reach $11.65 billion in 2030, witnessing a CAGR of 11.36% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 – https://www.alliedmarketresearch.com/request-sample/2145
𝐊𝐄𝐘 𝐏𝐋𝐀𝐘𝐄𝐑𝐒:-
Anuvu,
EcoStar Corporation,
Honeywell International Inc,
Intelsat,
Kymeta Corporation,
Panasonic Corporation,
SITA (OnAir),
Thales Group,
Thinkom Solution,
Viasat Inc.
Advancements in connectivity technologies, supportive policies to use personal electronic devices onboard, and rise in number of airline passengers drive the growth of the global IFEC market. However, high cost associated with networking technologies and connectivity hardware restrains the market growth. On the other hand, surge in demand for advanced in-flight connectivity & content streaming services presents new opportunities in the coming years.
The report offers detailed segmentation of the global in-flight entertainment & connectivity market based on type, aircraft, connectivity, and region.
𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐭𝐲𝐩𝐞, the IFE hardware segment contributed to the highest share in 2020, accounting for more than half of the total market share, and is projected to maintain its lead position during the forecast period. However, the IFE Content segment is expected to register the highest CAGR of 13.2% from 2021 to 2030.
𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 – https://www.alliedmarketresearch.com/in-flight-entertainment-and-connectivity-market/purchase-options
𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐜𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐯𝐢𝐭𝐲, the satellite connectivity segment held the largest market share in 2020, contributing to nearly two-thirds of the global in-flight entertainment & connectivity market, and is expected to maintain its leadership status in terms of revenue by 2030. Moreover, this segment is projected to manifest the largest CAGR of 11.9% during the forecast period. The research also analyzes the air to ground connectivity segment.
𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐫𝐞𝐠𝐢𝐨𝐧, North America accounted for the highest share in 2020, contributing to nearly two-fifths of the total market share, and is projected to continue its leadership status by 2030. However, Asia-Pacific is projected to portray the fastest CAGR of 13.3% during the forecast period.
𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 – https://www.alliedmarketresearch.com/purchase-enquiry/2145
𝐂𝐨𝐯𝐢𝐝-𝟏𝟗 𝐒𝐜𝐞𝐧𝐚𝐫𝐢𝐨:
✔️The adoption of in-flight entertainment & connectivity reduced considerably during the pandemic. The revenue in the aviation sector declined due to stoppage of operations and restrictions on international & domestic travel during the lockdown.
✔️Airports and airlines suffered huge losses during the pandemic. This further stopped them and government authorities to invest in advanced in-flight entertainment and connectivity systems.
𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐀𝐞𝐫𝐨𝐬𝐩𝐚𝐜𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
https://www.alliedmarketresearch.com/flight-tracking-system-market-A08767 – Flight Tracking System Market
https://www.alliedmarketresearch.com/in-flight-voice-recognition-market-A07151 – In-flight Voice Recognition Market
https://www.alliedmarketresearch.com/aircraft-flight-control-systems-market – Aircraft Flight Control Systems Market
https://www.alliedmarketresearch.com/autonomous-aircraft-flight-management-computers-market-A09220 – Autonomous Aircraft Flight Management Computers Market
https://www.alliedmarketresearch.com/flight-management-system-market-A09737 – Flight Management System Market
David Correa
Allied Market Research
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