openPR Logo
Press release

in-flight Entertainment and Connectivity Market Growth, Major Companies, Strategies and New Trends by 2026

03-14-2021 05:20 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

in-flight entertainment and connectivity market

in-flight entertainment and connectivity market

In-flight entertainment and connectivity include services such as video streaming, text messaging, and Internet browsing that airliners offer to air passengers during a flight. Further, IFEC services are device-agnostic-which can support any portable devices such as a tablet, smartphones, and laptops that enable air passengers to download IFE content on their personal electronic device (PED) which eliminates the need for the use of seatback video.

The global In-flight entertainment and connectivity market was valued at $2,933 million in 2016 and is projected to reach $6,248 million by 2023, growing at a CAGR of 11.2% from 2017 to 2023.


Get Sample Report for More Details @ https://www.alliedmarketresearch.com/request-sample/2145

Based on geography, the in-flight entertainment and connectivity market is studied across four major regions, namely North America, Europe, Asia-Pacific, and LAMEA. North America was the highest revenue contributor in 2016, accounting for around 60% share of the overall in-flight entertainment and connectivity market. Furthermore, the Asia-Pacific in-flight entertainment and connectivity market is projected to grow at the highest CAGR of around 21% during the forecast period owing to a rise in a number of air passengers; advancement in connectivity infrastructure and growth in the number of connected aircraft.

By type, the hardware segment dominated the market in 2016 with around 60% market revenue share. Introduction of advanced and cost-effective in-flight connectivity and entertainment hardware such as antennas, wireless hotspot gateways and wireless LAN controllers is driving the segment growth. Additionally, the service segment is projected to grow at the highest CAGR of around 16.3% owing to increase in airlines spending on implementation & integration services, consulting services, and repair & maintenance services.

By connectivity technology, the air-to-ground technology segment dominated the market in 2016 with around 57% market revenue share. Currently, air-to-ground technology is gaining traction in emerging markets such as Latin America and the Asia-Pacific region as it is cheaper than satellite technology. Furthermore, the satellite segment is projected to grow at the highest CAGR of around 15% owing to an increase in demand for high bandwidth in-flight Internet services.

Get Sample Report for More Details @ https://www.alliedmarketresearch.com/request-sample/2145

Advancement in connectivity technology especially in developed regions such as North America and Europe; introduction of supportive government regulations & policies to encourage the usage of personal electronic devices on board; and significant increase in the number of connected aircraft and number of air passengers willing to use in-flight entertainment and connectivity services are projected to boost the market growth during the forecast period. However, upsurge in cyberattacks and data breaches; and high initial cost associated with the installation of networking technologies and connectivity hardware is anticipated to impede the growth of the market.
Some of the key players operating in the in-flight entertainment and connectivity industry include EchoStar Corporation, Global Eagle Entertainment Inc., Gogo Inc., Honeywell International Inc., Kymeta Corporation, Panasonic Corporation, SITA (OnAir), Thales Group, Thikom Solutions Inc., and ViaSat Inc.

Key Findings of the In-Flight Entertainment and Connectivity Market Study

* By type, the hardware segment dominated the in-flight entertainment and connectivity market in 2016, and the service segment is expected to grow at the highest CAGR
* By connectivity technology, air-to-ground technology dominated the market in 2016
* North America was the highest contributor in the overall in-flight entertainment and connectivity market size in 2016, however, in terms of growth, the market in Asia-Pacific is projected to expand at the highest CAGR
* The U.S. was leading in terms of spending on in-flight entertainment and connectivity technologies and services in 2016.

Report Customization @ https://www.alliedmarketresearch.com/request-for-customization/2145

Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release in-flight Entertainment and Connectivity Market Growth, Major Companies, Strategies and New Trends by 2026 here

News-ID: 2256062 • Views:

More Releases from Allied Market Research

Hyperscale Data Center Market Worth $585.0 Billion: Growth Trends, Key Drivers, and Competitive Landscape (2030)
Hyperscale Data Center Market Worth $585.0 Billion: Growth Trends, Key Drivers, …
According to the report published by Allied Market Research, the global hyperscale data center market generated $59.0 billion in 2020, and is estimated to generate $585.0 billion by 2030, witnessing a CAGR of 25.9% from 2021 to 2030. The report offers a detailed analysis of changing market trends, value chain, top segments, key investment pockets, regional scenario, and competitive landscape. A hyperscale data center is a facility designed to support massive
High Potency APIs Market to Generate at Remarkable Growth Due to Rise in the Demand for the Better Healthcare Facilities , Claims AMR
High Potency APIs Market to Generate at Remarkable Growth Due to Rise in the Dem …
The high potency apis market size was valued at $19.7 billion in 2021, and is estimated to reach $41.4 billion by 2031, growing at a CAGR of 7.7% from 2022 to 2031. CAGR: 7.7% Current Market Size: USD 19.7 billion Forecast Growing Region: APAC Largest Market: North America Projection Time: 2021- 2031 Base Year: 2021 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/A31461 𝐇𝐢𝐠𝐡 𝐏𝐨𝐭𝐞𝐧𝐜𝐲 𝐀𝐜𝐭𝐢𝐯𝐞 𝐏𝐡𝐚𝐫𝐦𝐚𝐜𝐞𝐮𝐭𝐢𝐜𝐚𝐥 𝐈𝐧𝐠𝐫𝐞𝐝𝐢𝐞𝐧𝐭𝐬 (𝐇𝐏𝐀𝐏𝐈𝐬) 𝐩𝐥𝐚𝐲 𝐚 𝐜𝐫𝐮𝐜𝐢𝐚𝐥 𝐫𝐨𝐥𝐞 𝐢𝐧
Gloves Market Updates : Predicted to Cross USD 118.5 Billion by 2025 ; a CAGR of 8.6% from 2021 to 2025
Gloves Market Updates : Predicted to Cross USD 118.5 Billion by 2025 ; a CAGR of …
According to a new report published by Allied Market Research, titled, "Gloves Market by Type and Industry: Global Opportunity Analysis and Industry Forecast, 2021-2025," the global gloves market was valued at $48.0 billion in 2017, and is projected to reach $118.5 billion by 2025, registering a CAGR of 8.6% from 2021 to 2025. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/A08867 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐆𝐥𝐨𝐯𝐞𝐬 ? Gloves serve a crucial role in safeguarding hands from cold,
Smart Medical Devices Market Trends : to Attain USD 132.1 Billion Revenue by 2031 owing to Increase in Demand for Smart Medical Devices
Smart Medical Devices Market Trends : to Attain USD 132.1 Billion Revenue by 203 …
𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰- A new business intelligence report released by Allied Market Research, the Global Smart Medical Devices Market generated $31.5 billion in 2021, and is expected to generate $132.1 billion by 2031, registering a CAGR of 15.4% from 2022 to 2031. 𝐃𝐫𝐢𝐯𝐞𝐫𝐬- Increase in demand for smart medical devices with increase in prevalence of chronic diseases, rise in incidence of diabetes, and rapidly evolving information and software technology drive the growth of

All 5 Releases


More Releases for CAGR

Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn. Predictive analytics is segmented into: Risk management:
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population. ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and