PUBLISHER: TechNavio | PRODUCT CODE: 1384513
PUBLISHER: TechNavio | PRODUCT CODE: 1384513
The in-flight entertainment systems market is forecasted to grow by USD 1,115.05 mn during 2023-2028, accelerating at a CAGR of 4.38% during the forecast period. The report on the in-flight entertainment systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by technological advancements and partnerships, increasing demand for media and connectivity for a better travel experience, and increasing air passenger traffic.
Market Scope | |
---|---|
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.15% |
CAGR | 4.38% |
Incremental Value | $1115.05mn |
Technavio's in-flight entertainment systems market is segmented as below:
By Aircraft Type
By Product
By Geographical Landscape
This study identifies the ongoing development of IFEC and wireless-IFE as one of the prime reasons driving the in-flight entertainment systems market growth during the next few years. Also, the increasing capacity of geo satellites coupled with a decline in cost and the growing trend of BYOD aboard aircraft will lead to sizable demand in the market.
The report on the in-flight entertainment systems market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading in-flight entertainment systems market vendors that include ADONISONE INFLIGHT SYSTEMS LLC, Anuvu Operations LLC, Bluebox Aviation Systems Ltd., Burrana Pty Ltd., Deutsche Lufthansa AG, DivX LLC, FDS Avionics Corp., GOGO LLC, Honeywell International Inc., Panasonic Corp., Safran SA, SITA, Thales Group, Viasat Inc., and Inflight VR Software GmbH. Also, the in-flight entertainment systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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