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N.A. In-Flight Entertainment and Connectivity Market to See CAGR of 7.67% by 2020
February 29, 2016 | Business WireEstimated reading time: 1 minute
Research and Markets has announced the addition of the "North America In-flight Entertainment and Connectivity Market - Analysis of Growth, Trends Progress and Challenges (2015-2020)" report to their offering.
The North America In flight entertainment and connectivity market is expected to grow at a CAGR of 7.67% by the year 2020. Being the global leader in passenger jet sales, North America is also the market leader for in flight entertainment and connectivity systems in the global scenario. Yet, it is not the fastest growing due to multiple reasons including being matured market and comparatively higher levels of penetration of such systems in the market.
The in-flight entertainment and connectivity in the North American region has taken opposing directions at the same time. Some airlines have started making investments in offering content to passengers via Wi-Fi or renting out tablets to the passengers on board.
North America in flight entertainment market is at a crossroads, where airlines are making a conscious decision to opt for entertainment screens or not. But due to strong passenger preference for in flight screens, they will register strong growth in full service airlines. However, low cost airlines will gradually move towards offering content via Wi-Fi and personal devices.
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