Press release
Inflight Entertainment System Market to Garner Brimming Revenues by 2026
The growing demand for inflight customer experience coupled with the resent technology advancement has opened up the demand for global inflight entertainment system as a commercial business opportunity. Inflight entertainment system are introduced to enhance customer comfortless and experience. Inflight entertainment systems include inflight connectivity, email, social media, on demand video & audio, on-line commerce, games, stored web content, and information services. Inflight entertainment systems includes various technologies, such as internet & network technology, content management, gaming, displays, wireless, satellite, smart card, and battery.
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Global Inflight Entertainment System Market: Drivers
Increasing demand for internet connectivity, intense competition among airline service providers, growing demand for choice of entertainment and introduction to advanced technologies for in-flight entertainment, are identified as the key growth factors driving the growth of global inflight entertainment system market. Major investments in international aviation infrastructure development, increasing demand for air travel, growing no of business travelers, are further accelerates the growth of inflight entertainment system market globally. Continuous focus to include value-added features to travelers by major players, increasing content service providers, and development of new antenna technologies and the launch of high throughput satellites are also expected to fuel the growth of global inflight entertainment system market. However, high investments and long payback period and continuous changing technologies and unstable economic conditions are some of the factors restraining the growth of global inflight entertainment system market during the forecast period.
Global Inflight Entertainment System Market: Segmentation
Global inflight entertainment system market is segmented on the basis of component, fitting type and region. On the basis of component, the global inflight entertainment system market can be segmented into hardware, connectivity and content. On the basis of fitting type, the global inflight entertainment system market can be segmented into line fit and retro fit. Regionally, the global inflight entertainment system market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan.
Global Inflight Entertainment System Market: Regional Outlook
The global inflight entertainment system market is witnessing significant growth in all major regions, including North America, Latin America, Western Europe, Eastern Europe, Asia Pacific (excluding Japan), Japan and Middle East & Africa (MEA). Asia pacific market is expected to be the fastest growing region for the global inflight entertainment system market during the forecast period, due increasing population, economic growth and growing number of airlines. However, the North America region is expected to dominate the global inflight entertainment system market during the forecast period.
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Global Inflight Entertainment System Market: Competition Landscape
The key vendors in the global inflight entertainment system market, include Panasonic Avionics Corporation, Rockwell Collins, Lufthansa, Thales Group, ViaSat Inc., Gogo LLC., Global Eagle Entertainment and Zodiac Aerospace. Furthermore. Collaborating with other players in the inflight entertainment system market is the strategy followed by major market vendors to gain competitive edge. For instance, in January 2016, Panasonic Avionics Corporation partnered with iPass Inc., with the objective to provide Wi-Fi connectivity to its customers
The report covers exhaustive analysis on:
Global Inflight Entertainment System Market Segments
Global Inflight Entertainment System Market Dynamics
Historical Actual Market Size, 2013 - 2015
Global Inflight Entertainment System Market Size & Forecast 2016 to 2026
Supply & Demand Value Chain
Global Inflight Entertainment System Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Global Inflight Entertainment System Market Drivers and Restraints
Regional analysis for Global Inflight Entertainment System Market includes
North America
US & Canada
Latin America
Brazil, Argentina & Others
Western Europe
EU5
Nordics
Benelux
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
Australia and New Zealand (ANZ)
Greater China
India
ASEAN
Rest of Asia Pacific
Japan
Middle East and Africa
GCC Countries
Other Middle East
North Africa
South Africa
Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
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