Uploaded on May 11, 2020
European IFEC market is estimated to grow significantly at a CAGR of 8.2% during the forecast period. The major factor for the growth of the market includes the rising aviation market of the region, increasing the need for internet connectivity in airplanes due to the rising trend of BYOD devices, technological advancement and so on. The various manufacturing plants of the commercial airplane in the region including Airbus SE is catering to significant B2B demand of the market. The Netherlands, UK, Germany, Spain, Italy, and France are the major countries contributing to market growth as these countries are among the leading aviation market in the region. As per the World Bank, air passengers traveled in the European Union increased from 616 million in 2014 to 802 million in 2018.
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