In-Flight Entertainment Market: To Surge At A Robust Pace In Terms Of Revenue Over 2019 - 2027
According to a new market report published by Transparency Market Research entitled “In-Flight Entertainment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 – 2027,” the global In-Flight Entertainment market is expected to reach a value of US$ 11,801.4 Mn by 2027 . The market is estimated to expand at a CAGR of 12.7% during the forecast period from 2019 to 2027. Growing number of carriers of all sizes and hues world over are investing in complimentary in-flight entertainment system featuring a range of onboard entertainment experience, notes Transparency Market Research (TMR). The global in-flight entertainment (IFE) market finds the airlines putting large hopes on the system to generate ancillary revenues and catapult them to better their competitive edge. Domestic passengers in particular are drawn toward these IFE systems. Those on international flight have been one of the ke...