In-Flight Entertainment and Connectivity Market Set to Reach $11.65 Billion by 2030, Transforming the Aviation Industry
OREGAON, PORTLAND, UNITED STATESย , December 4, 2023 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global in-flight entertainment & connectivity market generated $4.13 billion in 2020, and is expected to reach $11.65 billion in 2030, witnessing a CAGR of 11.36% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - https://www.alliedmarketresearch.com/request-sample/2145
๐๐๐ ๐๐๐๐๐๐๐:-
Anuvu,
EcoStar Corporation,
Honeywell International Inc,
Intelsat,
Kymeta Corporation,
Panasonic Corporation,
SITA (OnAir),
Thales Group,
Thinkom Solution,
Viasat Inc.
Advancements in connectivity technologies, supportive policies to use personal electronic devices onboard, and rise in number of airline passengers drive the growth of the global IFEC market. However, high cost associated with networking technologies and connectivity hardware restrains the market growth. On the other hand, surge in demand for advanced in-flight connectivity & content streaming services presents new opportunities in the coming years.
The report offers detailed segmentation of the global in-flight entertainment & connectivity market based on type, aircraft, connectivity, and region.
๐๐๐ฌ๐๐ ๐จ๐ง ๐ญ๐ฒ๐ฉ๐, the IFE hardware segment contributed to the highest share in 2020, accounting for more than half of the total market share, and is projected to maintain its lead position during the forecast period. However, the IFE Content segment is expected to register the highest CAGR of 13.2% from 2021 to 2030.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ - https://www.alliedmarketresearch.com/in-flight-entertainment-and-connectivity-market/purchase-options
๐๐๐ฌ๐๐ ๐จ๐ง ๐๐จ๐ง๐ง๐๐๐ญ๐ข๐ฏ๐ข๐ญ๐ฒ, the satellite connectivity segment held the largest market share in 2020, contributing to nearly two-thirds of the global in-flight entertainment & connectivity market, and is expected to maintain its leadership status in terms of revenue by 2030. Moreover, this segment is projected to manifest the largest CAGR of 11.9% during the forecast period. The research also analyzes the air to ground connectivity segment.
๐๐๐ฌ๐๐ ๐จ๐ง ๐ซ๐๐ ๐ข๐จ๐ง, North America accounted for the highest share in 2020, contributing to nearly two-fifths of the total market share, and is projected to continue its leadership status by 2030. However, Asia-Pacific is projected to portray the fastest CAGR of 13.3% during the forecast period.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/2145
๐๐จ๐ฏ๐ข๐-๐๐ ๐๐๐๐ง๐๐ซ๐ข๐จ:
โ๏ธThe adoption of in-flight entertainment & connectivity reduced considerably during the pandemic. The revenue in the aviation sector declined due to stoppage of operations and restrictions on international & domestic travel during the lockdown.
โ๏ธAirports and airlines suffered huge losses during the pandemic. This further stopped them and government authorities to invest in advanced in-flight entertainment and connectivity systems.
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
https://www.alliedmarketresearch.com/flight-tracking-system-market-A08767 - Flight Tracking System Market
https://www.alliedmarketresearch.com/in-flight-voice-recognition-market-A07151 - In-flight Voice Recognition Market
https://www.alliedmarketresearch.com/aircraft-flight-control-systems-market - Aircraft Flight Control Systems Market
https://www.alliedmarketresearch.com/autonomous-aircraft-flight-management-computers-market-A09220 - Autonomous Aircraft Flight Management Computers Market
https://www.alliedmarketresearch.com/flight-management-system-market-A09737 - Flight Management System Market
David Correa
Allied Market Research
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