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Factors that influencing the market of on-board entertainment system

Views: 0     Author: Site Editor     Publish Time: 2022-05-30      Origin: Site

Current and future on-board entertainment industry trends are outlined to determine the overall attractiveness of the global market. Top impacting factors highlight on-board entertainment market opportunity during the forecast period. Factors such as increase in IT expenditure in the aviation, maritime, and railway industries, and rise in disposable income of consumers are expected to fuel the on-board entertainment market demand. In addition, growth in number of airline passengers in past few years is also the major factor driving the on-board entertainment market growth. However, high cost associated with the deployment of on-board entertainment systems is expected to impede the market growth. The entertainment issue is also a major factor anticipated to hamper the market growth as high-speed trains move quickly from one cellular tower to another. Furthermore, increase in government initiatives to enhance customer services are expected to provide major opportunities for the growth of the on-board entertainment market.

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