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In-flight Entertainment Market Share

ID: MRFR//4352-CR | 158 Pages | Author: Swapnil Palwe| February 2021

The airline industry's in-flight entertainment (IFE) business is growing due to consumer desire for better air travel experiences. In this competitive market, innovation and customer happiness are key to market share positioning. Manufacturers strive to provide cutting-edge entertainment systems with a variety of content and interactive features to boost the IFE industry. High-definition monitors, virtual reality apps, and tailored content make the firm a pioneer in in-flight entertainment.

In recent years, more people have used personal gadgets for in-flight entertainment. The IATA Global Passenger Survey found that over half of North Asian travelers prefer using their own devices to consume digital material over onboard equipment.

Price competition also affects in-flight entertainment market share. For airlines to achieve passenger expectations at low cost, manufacturers use strategic pricing. IFE systems at affordable rates assist enterprises to attract more airlines and win contracts in a cost-sensitive industry. To fulfill changing airline and customer expectations, entertainment must be affordable and high-quality.

In order to offer complete solutions, in-flight entertainment manufacturers often form strategic alliances. Companies may improve their IFE systems by working with content, connectivity, and other stakeholders. Manufacturers can boost their market position and attract airlines seeking comprehensive solutions by delivering integrated and seamless in-flight entertainment systems.

Strategic geographic diversity increases in-flight entertainment market share. Manufacturers want to expand globally by signing contracts with regional airlines. Diversification allows organizations to enter multiple markets and adapt to different cultural and legal settings. Manufacturers may become global IFE suppliers by demonstrating flexibility and cultural awareness to serve a broad passenger base.

Market share positioning tactics for in-flight entertainment manufacturers are emphasizing connection and streaming services. With more people using personal devices and streaming platforms, IFE providers are adding Wi-Fi and streaming choices. It meets the rising desire for travelers to access their own material and stay connected during flights. Manufacturers providing seamless connection solutions contribute to the digital world of in-flight entertainment, meeting modern air travelers' needs.

Covered Aspects:

Report Attribute/Metric Details
Base Year For Estimation 2022
Historical Data 2018- 2022
Forecast Period 2023-2032
Growth Rate 10.00% (2023-2032)
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