South America In-flight Entertainment and Connectivity Market - Analysis of Growth, Trends Progress and Challenges (2015-2020)
The South America In-flight entertainment and connectivity market is expected to grow at a CAGR of 9.91% till 2020. South American countries have been experiencing extremely tough economic conditions for the past few years and the situation is expected to be bad at least till 2017. The commodity price crash has severely affected the balances of the various countries, which are commodity-exporting countries. A political and economic imbalance especially in Brazil, which is the biggest economy of the region, has hurt the overall aviation market in the region.
But the region despite tough economic conditions is seeing a spurt in tourism due to heavy currency depreciation and major events like the Olympics. These coming up events are expected to permanently increase the average number of tourists arriving in the region. As a whole, the market for IFE in South America, despite tough economic conditions, is expected to see a decent rate of growth over the coming 5 years.
The South America Aviation industry is expected to be one of the fastest growing aviation markets in the world till 2030 and this will be the major driver affecting the IFE market directly. The growth will come mostly from increased trade and tourism with United States going into the future.
Panasonic Avionics Corporation, Rockwell Collins and Amadeus IT Group are some of the major players in the market. The South America in flight entertainment system and connectivity market is segmented by Product Type (Hardware, Content, Connectivity), by Fit (Line Fit, Retro Fit), by Class (First class, Business Class, Economy Class) and by geography (Brazil, Argentina, Colombia, Venezuela and others).
What the report offers
Market analysis for the South America in-flight entertainment and connectivity market, with region specific assessments and competition analysis on global and regional scales Market definition along with the identification of key drivers and restraints Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale Extensively researched competitive landscape section with profiles of major companies along with their market shares Identification and analysis of the macro and micro factors that affect the South America In-Flight Entertainment and Connectivity Market on both global and regional scales A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market Insights on the major countries in which this industry is blooming and to also identify the regions that are still untapped
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