In-flight Entertainment & Connectivity Market Growth Opportunities & Challenges (2021-2026)

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In-flight Entertainment Connectivity Market
Growth Opportunities Challenges (2021- 2026)
A thorough trend analysis from 2017 to 2026 is
included in the market study on in- flight
entertainment and connection. Together with
drivers, restrictions, challenges, and
opportunities that affect the market's growth, it
examines current industry and technological
trends. The Global In-Flight Entertainment
Connectivity Market is anticipated to reach USD
6.1 billion by 2026, at a CAGR of 5.2 over
the forecast period, from an estimated USD 4.7
billion in 2021. This market is expanding as a
result of rising in- flight experience demand, a
rise in aircraft deliveries and renewals, and
technical advancements. Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id860 With a market share of 60 in 2021,
the IFE hardware segment is anticipated to
dominate the market during the forecast period.
Airlines can upload, store, and transport
entertainment content to the in-flight
entertainment systems using IFE technology. The
launch of more products by businesses like Thales
Group fuels the segment's expansion. These goods
have attributes like 4K HDR displays and an open
operating system. According to class, the market
for in-flight entertainment connectivity is
anticipated to grow at the greatest CAGR over the
forecast period in the first-class category. The
need for first-class amenities and services
during flights created the first-class market.
Among all the segments, it is the most expensive.
The amenities begin even before the actual
flight with hotel transfers, private check-in,
and access to a VIP lounge. First-class seats
are higher quality, roomier, and comfy while in
flight. According to aircraft type, the in-flight
entertainment connectivity market is
anticipated to develop at the highest CAGR rate
for narrow body aircraft during the forecast
period. The demand for domestic air travel has
grown over time in nations including India,
Japan, Australia, China, the US, and Russia.
International aviation passenger traffic rose
4.1 in 2019 compared to 2018, according to IATA.
The demand for narrow body aircraft is
anticipated to rise globally due to the growth in
air traffic. For the in-flight entertainment
connectivity market, based on end user, the OEM
sector is anticipated to expand at the highest
CAGR rate during the forecast period. The
emphasis of the new airlines is on
manufacturer-provided, pre-installed in-flight
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systems. Southeast Asia is also experiencing a
rise in demand for low-cost carriers. with the
rise in passengers made possible by the expansion
of aeroplanes around the world. Furthermore,
increasing is the desire for in-flight
entertainment. North America is anticipated to
have the largest market share for in-flight
entertainment connectivity during the forecast
period. North America held the biggest market
share of in-flight entertainment connectivity
with 50.0 and is anticipated to expand at a
CAGR of 5.7 over the course of the projected
period. One of the main causes of the increase
is the existence of significant in-flight
entertainment connectivity manufacturers
including Viasat, Inc., Astronics Corporation,
ridium Communications Inc., and Gogo
LLC. News Also Covered https//www.prnewswire.com
/news-releases/in-flight- entertainment-and-conne
ctivity-market-worth-6-1-billion-by-2026--exclusiv
e- report-by-marketsandmarkets-301460298.html A
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