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In Flight Entertainment And Connectivity Global Market By Component, By Aircraft Type, By Offering Type, By Region And Segment Forecasts, 2023-2032 | Gogo Inc., Honeywell International Inc., Panasonic Corporation, Thales Group, Viasat, Inc.
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032In Flight Entertainment And Connectivity Market Size, Growth Rate, And Forecast
The global in-flight entertainment and connectivity market size grew from $4.04 billion in 2022 to $4.37 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The in-flight entertainment and connectivity market size is expected to grow to $5.91 billion in 2027 at a CAGR of 7.8%.
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In Flight Entertainment And Connectivity Market Drivers
The growth in the number of airline passengers has been a major driving force for the in-flight entertainment and connectivity market. The increase in the number of passengers has led to an increase in demand for various inflight entertainment services, such as video streaming, text messaging, gaming, and internet browsing.
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In Flight Entertainment And Connectivity Market Segments
• By Type: Hardware, Service
• By Connectivity Technology: Satellite Technology, Air-To-Ground
• By End-User: OEM, Aftermarket
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the In Flight Entertainment And Connectivity market.
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In Flight Entertainment And Connectivity Market Key Players
Major competitors in the In Flight Entertainment And Connectivity market include Global Eagle Entertainment Inc., (Gee), Gogo Inc., Honeywell International Inc., Panasonic Corporation, Thales Group, Viasat, Inc., Kontron S&T AG, Burrana Inc., Safran SA, Inmarsat Global Limited, Stellar Entertainment Group, Thinkom Solutions, Inc., Sita (Onair), Astronics Corporation, Cobham Limited (Advent International), The Boeing Company, FDS Avionics Corp, and Thinkom Solutions Inc.
The Business Research Company's "Global In Flight Entertainment And Connectivity Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high-level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The In Flight Entertainment And Connectivity Market Include:
1. Executive Summary
2. In Flight Entertainment And Connectivity Market Characteristics
3. In Flight Entertainment And Connectivity Market Trends And Strategies
4. In Flight Entertainment And Connectivity Market - Macro Economic Scenario
5. In Flight Entertainment And Connectivity Market Size And Growth
.....
26. Africa In Flight Entertainment And Connectivity Market
27. In Flight Entertainment And Connectivity Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The In Flight Entertainment And Connectivity Market
29. In Flight Entertainment And Connectivity Market Future Outlook and Potential Analysis
30. Appendix
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