14-Aug-2013 1:31 PM
IFE and connectivity revenue expected to more than double over next seven years
Frost & Sullivan released (13-Aug-2013) its 'In-flight Entertainment Market Assessment' analysis, reporting in-flight entertainment and connectivity revenues across the airline industry of USD2.08 billion in 2012 and forecasting revenue from the segment will more than double by 2020, to USD5.27 billion, at a compound annual growth rate (CAGR) of 12.8% for the 2011 to 2020 period. The study covers hardware, content and connectivity, out of which the connectivity segment will grow the fastest at a CAGR of 28%. [more - original PR]