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In Flight Connectivity Market Business Growth Drivers and Restraints Created by COVID-19 Outbreak

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The global  In-flight Entertainment & Connectivity (IFEC) Market Size is expected to showcase an exponential growth by reaching USD 7.68 billion by 2027 while exhibiting a CAGR of 9.76% between 2020 and 2027. The growth is attributed to the growing adoption of advanced SATCOM technology and the increasing demand for technologically advanced 5G technology that is likely to drive the manufacturers to develop innovative in-flight entertainment & connectivity solutions globally. Fortune Business Insights, published this information in its latest report, titled, “In-Flight Entertainment & Connectivity Market Size, Share & COVID-19 Impact Analysis, By Type (IFE Hardware (Portable IFE System, and Non-Portable IFE System), IFE Connectivity (Wired Connectivity, and Wireless Connectivity), and IFE Content), By Class (First Class, Business Class, Premium Economy Class, and Economy Class), By Aircraft Type (Narrow Body, Wide Body, Business Jets, and Regional Aircraft), By End-User (OEM and Aftermarket), and Regional Forecast, 2020-2027.” The report further mentions that the market stood at USD 5.71 billion in 2019 and is projected to experience substantial growth in the forthcoming years.

Key Industry Development:

July 2020 – Qingdao Airline’s A320 completed its flying journey equipped with a Ka-band Satcom based IFEC system. The company reports that the high-speed IFEC systems are expected to provide the best-in-class service for its passengers during flights.

Browse Detailed Summary of Research Report:

https://www.fortunebusinessinsights.com/in-flight-entertainment-connectivity-market-102519

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Read Press Release:

https://www.fortunebusinessinsights.com/in-flight-entertainment-connectivity-market-102519

Read Related News:

https://www.globenewswire.com/news-release/2021/01/13/2157840/0/en/In-Flight-Entertainment-Connectivity-Market-Worth-USD-7-68-Billion-by-2027-Backed-by-Presence-of-Established-Companies-in-North-America-Says-Fortune-Business-Insights.html

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