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Worldwide In-flight Entertainment (IFE) Market Upcoming Trends, Growth Drivers and Challenges – Forecast to 2026

10-15-2019 02:03 PM CET | Leisure, Entertainment, Miscellaneous

Press release from: Worldwide Market Reports

In-flight Entertainment Market

In-flight Entertainment Market

A New research study offers In-flight Entertainment (IFE) Market Research 2019 a complete analysis of important and critical aspects of the industry, including competition, segmentation, geographical progress, manufacturing cost analysis, and price structure. An exclusive data offered in this report is collected by research and industry experts. The In-flight Entertainment (IFE) report offers a special assessment of top strategic moves of leading players by Socio-economic indicators, Trade strategy, Key growth drivers, Recent developments.

The airline industry has witnessed steady growth since the Second World War and the number of passengers has grown exponentially since then. According to International Civil Aviation Organization (ICAO) 2018, the number of air passengers is expected to reach 10 billion by 2040. Airline operators focus on providing the best in class customer experience in order to obtain a larger market share. The services offered by airlines are divided into ground services and in-flight services. In-flight services include onboard catering, entertainment, physical evidence, and the cabin crew. In-flight Entertainment (IFE) includes moving-map systems and audio and video entertainment such as personal televisions, in-flight movies, and closed-captioning. Moreover, some airlines also offer in-flight games and Islamic prayers and directions to Mecca.

Download In-flight Entertainment (IFE) Market Research Report in PDF Brochure@ https://www.worldwidemarketreports.com/sample/272181

Various airlines are focused on offerings state-of-the-art in-flight experiences to air passengers, which is expected to boost growth of the global in-flight entertainment market. For instance, Emirates offers inflight airshow, onboard WiFi, on-demand movies, live sports, and music. Key players in the market are focused on providing latest generation IFE systems to enhance their market share. For instance, the Thales Group through its latest generation IFE system, AVANT offers latest monitors, handsets, and peripherals to integrate with Personal Electronic Devices (PEDs), servers, tools, in-seat power.

Increasing partnership and collaboration activities are expected to contribute to growth of the global in-flight entertainment market. For instance, in September 2019, JetBlue selected Thales Group’s AVANT IFE as part of the onboard experience for its new fleet of 70 A220-300 aircraft. Increasing installation of in-flight connectivity technologies in private aircraft and on commercial airlines is also expected to propel growth of the market. For instance, Gogo Inc., a U.S.-based provider of broadband connectivity products and services for aviation, announced to install a third 2Ku system – an in-flight connectivity technology – on an Airbus A319 business jet operated by K5-Aviation.

Competitive Analysis:
Key players in the market are focused on providing new games for IFE to enhance its market share. For instance, in March 2019, Global Eagle Entertainment Inc. partnered with Houghton Mifflin Harcourt, a U.S.-based publishing company. Under the partnership, Houghton Mifflin Harcourt will allow Global Eagle Entertainment Inc. to use Carmen Sandiego, a game specifically created for onboard playing, for IFE.

Among regional markets, North America is expected to witness significant growth, owing to presence of major airlines such as Boeing and market players such as Global Eagle Entertainment Inc. and Gogo Inc. The market in Asia Pacific is also expected to witness significant growth, owing to increasing privatization of airlines. For instance, in October 2019, the government of India announced to invite bids to sell its stake in Air India, the national carrier.

Else place an Inquire for In-flight Entertainment (IFE) Market Research Report: https://www.worldwidemarketreports.com/quiry/272181

In-flight Entertainment (IFE) Regions Analysis:
Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of In-flight Entertainment (IFE) in these regions, from 2019 to 2026 (forecast)

The regional analysis of global In-flight Entertainment (IFE) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The Asia Pacific is the leading region across the world. Increase in investment toward In-flight Entertainment (IFE), especially in countries such as China, Japan, and South Korea is driving the market in this region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as rising investments wide range of applications, easy availability and scarcity of skilled workers would create lucrative growth prospects for the In-flight Entertainment (IFE) Market across Asia-Pacific region.

Trend Analysis: In-flight Entertainment (IFE) Market Split by product type, with production, revenue, price, market share and growth rate of each type.

Application Analysis: Market Split by application, this report focuses on consumption, market share and growth rate of In-flight Entertainment (IFE) in each application.

Key Takeaways
• Increasing number of air passengers is expected to boost growth of the global in-flight entertainment market
• Key players in the market are focused on adopting coloration and partnership strategies to enhance their market share
• Key players operating in the global in-flight entertainment market include, Gogo Inc., Zodiac Aerospace, Thales Group, Honeywell International, Rockwell Collins, and Global Eagle Entertainment, Inc. among others

In conclusion, the In-flight Entertainment (IFE) report offers a wide range of information both in terms of qualitative and quantitative. It provides in-depth analysis of the In-flight Entertainment (IFE) market, including dealers, distributors, contributors along with research findings, appendix and data sources.

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Worldwide Market Reports
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About Worldwide Market Reports:
Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.

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