The global in-flight entertainment market is foreseen to gain prominence in both developed and developing regions, although North America could dominate with its greater regional attractiveness. In developed nations, in-flight entertainment could set the mark for a colossal growth in the near future because of the development of networking and connectivity technologies and constant investment on innovations. With the increase in air passengers, the demand for in-flight entertainment services is expected to see a rise. Moreover, the swelling rate of upgrading old aircraft systems and rising air traffic could bode well for the growth of the market.
The world in-flight entertainment market is prophesied to increase its revenue in the near future due to certain factors such as the rise in the count of air passengers globally and furtherance of in-flight connectivity technologies. The market could also rely on the advent of the promoted onboard application of personal electronic devices supported by government policies.
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The international in-flight entertainment market is anticipated to see a classification as per component, fit, and application. In terms of segmentation by component, the market could be divided into in-flight entertainment hardware, communication system, connectivity system, and support services. Amongst these segments, in-flight entertainment hardware is prognosticated to make the cut in the market with a staggering share of 53.5% expected to be earned by the end of 2022.