Pune, India, Sept. 28, 2022 (GLOBE NEWSWIRE) — The global inflight entertainment and connectivity market is expected to grow rapidly during the planned period due to increased demand for entertainment and an enhanced travel experience for passengers. Fortune Business Insights™ publishes this information in a report entitled “Inflight Entertainment and Connectivity Market, 2020-2027”. According to the report, the market size was for inflight entertainment and connectivity $5.71 billion in 2019 and is expected to be achieved $7.68 billion until 2027 at a CAGR of 9.76% in the period 2020-2027.
Effects of COVID-19:
Declining demand for travel facilities amid pandemic-choked market growth
During the COVID-19 pandemic, the government has completely restricted travel and transportation activities. In addition, during the initial lockdown phase, the population avoided unnecessary travel to contain the spread of the virus. These factors hampered global market demand for inflight entertainment and connectivity. In addition, restrictions on manufacturing and production units affected the production rate of various leading companies and hampered overall business development during the pandemic period.
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List of Key Players Profiled in Inflight Entertainment and Connectivity Market Report:
- Astronics Corporation (USA)
- Burrana Pty Ltd (Australia)
- Collins Aerospace (US)
- FDS Avionics Corp. (UNITED STATES)
- Global Eagle Entertainment, Inc. (USA)
- Gogo LLC (USA)
- Honeywell International Inc (USA)
- Lufthansa Systems GmbH & Co. KG (Germany)
- Panasonic Avionics Corporation (USA)
- Saffron (France)
- Sitaonair (Switzerland)
- SmartSky Networks, LLC (USA)
- Thales Group (France)
- Viasat, Inc. (USA)
Scope and segmentation of the report:
| report coverage | details |
| forecast period | 2020-2027 |
| Forecast CAGR | 7.15% |
| Value prognosis 2027 | $7.68 billion |
| base year | 2019 |
| Historical data | 2016-2018 |
| Number of … |
