Financial Market – Over $ 347 Million Growth in In-flight Entertainment Systems Market 2020-2024 | Growing Trend of BYOD Aboard Aircraft to Emerge as Key Trend
NEW YORK, March 8, 2021 /PRNewswire/ — The global in-flight entertainment systems market is poised to grow by USD 347.17 mn during 2020-2024, progressing at a CAGR of over 1%. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
For more details, Get a Free Sample Report Delivered InstantlyIn-flight Entertainment Systems Market by Product and Geography – Forecast and Analysis 2020-2024Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a high impact on the in-flight entertainment systems market.Frequently Asked Questions:Based on segmentation by product, which is the leading segment in the market?
Based on the product, the market saw maximum growth in the hardware segment in 2019.What are the major trends in the market?
The growing trend of BYOD aboard aircraft is the major trend in the market.At what rate is the market projected to grow?
The market is projected to grow at a CAGR of over 1% during 2020-2024.Who are the top players in the market?
Burrana Pty Ltd., FDS Avionics Corp., Global Eagle Entertainment Inc., GOGO LLC, Honeywell International Inc., Inmarsat Group Ltd., Panasonic Corp., Safran SA, Thales Group, and Viasat Inc. are the key players in the market.What are the key market drivers and challenges?
The market is driven by increasing air passenger traffic. However, the high costs associated with networking technologies and connectivity hardware might challenge growth.How big is the APAC market?
APAC dominated the market with a 48% share in 2019.Related Reports on Communication Services Include:Global VR Gaming Market – Global VR gaming market is segmented by type (hardware, software, and accessories), application (PCs, consoles, and mobile devices), geography (Europe, North America, APAC, South America, and MEA). Get an Exclusive Free Sample ReportStory continuesGlobal Mobile Advertising Market – Global mobile advertising market is segmented by type (display, search, and SMS), geography (APAC, Europe, MEA, North America, and South America). Get an Exclusive Free Sample ReportDevelop Smart Strategies for Your Business: Grab a Free Sample Report Now!The market is concentrated, and the degree of concentration will accelerate during the forecast period. Burrana Pty Ltd., FDS Avionics Corp., Global Eagle Entertainment Inc., GOGO LLC, Honeywell International Inc., Inmarsat Group Ltd., Panasonic Corp., Safran SA, Thales Group, and Viasat Inc. are some of the major market participants. Although the increasing air passenger traffic will offer immense growth opportunities, high costs associated with networking technologies and connectivity hardware are likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this in-flight entertainment systems market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.Fintech Zoom’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.In-flight Entertainment Systems Market 2020-2024: SegmentationIn-flight Entertainment Systems Market is segmented as below:To learn more about the global trends impacting the future of market research, download a free sample: https://www.Fintech Zoom.com/talk-to-us?report=IRTNTR44404In-flight Entertainment Systems Market 2020-2024: ScopeTechnavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The in-flight entertainment systems market report covers the following areas:In-flight Entertainment Systems Market SizeIn-flight Entertainment Systems Market TrendsIn-flight Entertainment Systems Market Industry AnalysisThis study identifies the growing trend of BYOD aboard aircraft as one of the prime reasons driving the In-flight Entertainment Systems Market growth during the next few years.Fintech Zoom suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Fintech Zoom’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Fintech Zoom’s SUBSCRIPTION platformIn-flight Entertainment Systems Market 2020-2024: Key HighlightsCAGR of the market during the forecast period 2020-2024Detailed information on factors that will assist in-flight entertainment systems market growth during the next five yearsEstimation of the in-flight entertainment systems market size and its contribution to the parent marketPredictions on upcoming trends and changes in consumer behaviorThe growth of the in-flight entertainment systems market across North America, APAC, Europe, MEA, and South AmericaAnalysis of the market’s competitive landscape and detailed information on vendorsComprehensive details of factors that will challenge the growth of in-flight entertainment systems market vendorsTable of Contents:Executive SummaryMarket LandscapeMarket ecosystemValue chain analysisMarket SizingFive Forces AnalysisMarket Segmentation by ProductMarket segmentsComparison by ProductHardware – Market size and forecast 2019-2024Connectivity – Market size and forecast 2019-2024Content – Market size and forecast 2019-2024Market opportunity by ProductCustomer landscapeGeographic LandscapeGeographic segmentationGeographic comparisonNorth America – Market size and forecast 2019-2024APAC – Market size and forecast 2019-2024Europe – Market size and forecast 2019-2024MEA – Market size and forecast 2019-2024South America – Market size and forecast 2019-2024Key leading countriesMarket opportunity by geographyMarket drivers – Demand led growthMarket challengesMarket trendsVendor LandscapeVendor landscapeLandscape disruptionVendor AnalysisVendors coveredMarket positioning of vendorsBurrana Pty Ltd.FDS Avionics Corp.Global Eagle Entertainment Inc.GOGO LLCHoneywell International Inc.Inmarsat Group Ltd.Panasonic Corp.Safran SAThales GroupViasat Inc.AppendixAbout Us
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Financial Market – Over $ 347 Million Growth in In-flight Entertainment Systems Market 2020-2024 | Growing Trend of BYOD Aboard Aircraft to Emerge as Key Trend
