European 5G IoT Market

European 5G IoT Market Size, Share & Trends Analysis Report by Components (Hardware, Platform, Connectivity, and Services), by Network (5G Standalone, and 5G Non-Standalone), and by End-User Industry (BFSI, Manufacturing, Healthcare, Energy and Utilities, Automotive and Transportation, Government and Defense, Residential, and Others) Forecast, 2021-2027
    Update Available - Forecast 2024-2030   

Published: Jun 2021 | Report Code: OMR2023745 | Category : Internet of Things | Delivery Format: /

European 5G IoT market is projected to grow at a considerable CAGR of 32.0% during the forecast period (2021-2027). The key aspect that drives the growth of the market includes the presence of major 5G solution providers, technological advances such as 4G and 5G IoT, increase in the use of mobile phones, rising demand for a wireless network with high-speed network post-COVID-19 pandemic, and major players strategic activities. For instance, as per the Bird & Bird analysis, Ericsson a Sweden-based company is leading with most standard patents with a share of 15.8% of all 5G standard patents. Ericsson filed a historic patent application for 5G with the WIPO and USPTO to secure the R&D done on the technology. The patent application, which includes the work of 130 Ericsson inventors, is the world's greatest in terms of the number of inventors in cellular communications. 

The European 5G IoT market is segmented based on components, networks, and the end-user industry. Based on the components, the market is segmented as hardware, platform, connectivity, and services. Based on the network, the market is segmented into 5G standalone, and 5G non-standalone. Rising demand for a 5G standalone network leads to segmental growth in the region. Apart from it, based on the end-user industry, the market is classified into BFSI, manufacturing, healthcare, energy and utilities, automotive and transportation, government and defense, residential, and others. 

Based on the demographic viewpoint, the European 5G IoT market has been segmented into the UK, Germany, France, Italy, Spain, and the Rest of Europe. The UK and Italy are likely to hold a major share in the European 5G IoT market over the forecast period. Europe region has placed a strong emphasis on taking significant leaps forward in the development of this key technology. Big players in the region are working to develop a 5G network to improve speed and efficiency.

Further, Vodafone Group Plc, Nokia Corp., Robert Boshch GmbH, Ericsson Inc., Orange S.A., SAP SE, ARM Ltd., ABB LTd. and BT Group PLC, among others are some of the prominent players functioning in European 5G IoT market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market. For instance, in May 2020, Ericsson established a partnership with China Telecom and China Unicom to deploy Ericsson Spectrum Sharing and other Radio System technologies and solutions. In the 3.5GHz and 2.1GHz bands, Ericsson announced that it has delivered outdoor and inside solutions to increase capacity and coverage. Provisioning, installation, and testing of network services have been offered to fulfill the technical needs of CSPs and enable them to develop and share 5G networks. 

RESEARCH METHODOLOGY

The market study of the European 5G IoT market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary sources include:

  • Financial reports of companies involved in the market
  • Whitepapers, research-papers, and news blogs
  • Company websites and their product catalog

The report is intended for 5G IoT companies, research institutes and universities, other related companies, and government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

  1. European 5G IoT Market Research and Analysis by Component
  2. European 5G IoT Market Research and Analysis by Network 
  3. European 5G IoT Market Research and Analysis by End-User Industry

The Report covers:

  • Comprehensive research methodology of the European 5G IoT market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the European 5G IoT market.
  • Insights about market determinants which are stimulating the European 5G IoT market.
  • Detailed and extensive market segments with regional distribution of forecast revenues.
  • Extensive profiles and recent developments of the market players. 

1. Report Summary

Current Industry Analysis and Growth Potential Outlook

Impact of COVID-19 on the European 5G IoT Industry

Recovery Scenario of European 5G IoT Industry

1.1. Research Methods and Tools 

1.2. Market Breakdown

1.2.1. By Segments

1.2.2. By Geography

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis

3.1.1. Ericsson Inc.

3.1.1.1. Overview

3.1.1.2. Financial Analysis 

3.1.1.3. SWOT Analysis

3.1.1.4. Recent Developments

3.1.2. Nokia Corp.

3.1.2.1. Overview

3.1.2.2. Financial Analysis 

3.1.2.3. SWOT Analysis

3.1.2.4. Recent Developments

3.1.3. Robert Bosch GmbH

3.1.3.1. Overview

3.1.3.2. Financial Analysis 

3.1.3.3. SWOT Analysis

3.1.3.4. Recent Developments

3.1.4. Orange S.A

3.1.4.1. Overview

3.1.4.2. Financial Analysis 

3.1.4.3. SWOT Analysis

3.1.4.4. Recent Developments

3.1.5. Vodafone Group PLC

3.1.5.1. Overview

3.1.5.2. Financial Analysis 

3.1.5.3. SWOT Analysis

3.1.5.4. Recent Developments

3.2. Key Strategy Analysis

3.3. Impact of COVID-19 on Key Players

4. Market Determinants

4.1. Motivators

4.2. Restraints

4.3. Opportunities

5. Market Segmentation

5.1. European 5G IoT Market by Components

5.1.1. Hardware

5.1.2. Platform

5.1.3. Connectivity

5.1.4. Services

5.1.4.1. Professional Services

5.1.4.2. Managed Services

5.2. European 5G IoT Market by Network

5.2.1. 5G Standalone 

5.2.2. 5G Non-Standalone

5.3. European 5G IoT Market by End-User Industry

5.3.1. BFSI

5.3.2. Manufacturing

5.3.3. Healthcare

5.3.4. Energy and Utilities

5.3.5. Automotive and Transportation

5.3.6. Government and Defense

5.3.7. Residential

5.3.8. Others End-User (Smart Building, Agriculture, and Education)

6. Regional Analysis

6.1. UK

6.2. Germany

6.3. France

6.4. Italy

6.5. Spain

6.6. Rest of Europe

7. Company Profiles 

7.1. ABB Ltd.

7.2. ARM Ltd.

7.3. BT Group Plc

7.4. Capgemini SE

7.5. Deutsche Telekom AG 

7.6. Springer Nature Switzerland AG

7.7. SAP SE

7.8. Sequans Communications S.A

7.9. TE Connectivity Ltd.

7.10. Telefónica S.A.

7.11. Thales Group

7.12. U-blox AG

1. EUROPEAN 5G IOT MARKET RESEARCH AND ANALYSIS, 2020-2027 ($ MILLION)

2. EUROPEAN 5G IOT MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2020-2027 ($ MILLION)

3. EUROPEAN HARDWARE FOR 5G IOT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

4. EUROPEAN PLATFORM FOR 5G IOT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

5. EUROPEAN CONNECTIVITY FOR 5G IOT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

6. EUROPEAN SERVICES FOR 5G IOT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

7. EUROPEAN SERVICES FOR 5G IOT MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)

8. EUROPEAN 5G IOT MARKET RESEARCH AND ANALYSIS BY NETWORK, 2020-2027 ($ MILLION)

9. EUROPEAN 5G STANDALONE NETWORK MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

10. EUROPEAN 5G NON-STANDALONE NETWORK MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

11. EUROPEAN 5G IOT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)

12. EUROPEAN 5G IOT FOR BFSI MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

13. EUROPEAN 5G IOT FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

14. EUROPEAN 5G IOT FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

15. EUROPEAN 5G IOT FOR ENERGY AND UTILITIES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

16. EUROPEAN 5G IOT FOR AUTOMOTIVE AND TRANSPORTATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

17. EUROPEAN 5G IOT FOR GOVERNMENT AND DEFENSE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

18. EUROPEAN 5G IOT FOR RESIDENTIAL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

19. EUROPEAN 5G IOT FOR OTHERS END-USER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

20. EUROPEAN 5G IOT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

21. UK 5G IOT MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2020-2027 ($ MILLION)

22. UK 5G IOT MARKET RESEARCH AND ANALYSIS BY NETWORK, 2020-2027 ($ MILLION)

23. UK 5G IOT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)

24. GERMANY 5G IOT MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2020-2027 ($ MILLION)

25. GERMANY 5G IOT MARKET RESEARCH AND ANALYSIS BY NETWORKS, 2020-2027 ($ MILLION)

26. GERMANY 5G IOT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)

27. FRANCE 5G IOT MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2020-2027 ($ MILLION)

28. FRANCE 5G IOT MARKET RESEARCH AND ANALYSIS BY NETWORK, 2020-2027 ($ MILLION)

29. FRANCE 5G IOT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)

30. ITALY 5G IOT MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2020-2027 ($ MILLION)

31. ITALY 5G IOT MARKET RESEARCH AND ANALYSIS BY NETWORK, 2020-2027 ($ MILLION)

32. ITALY 5G IOT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)

33. SPAIN 5G IOT MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2020-2027 ($ MILLION)

34. SPAIN 5G IOT MARKET RESEARCH AND ANALYSIS BY NETWORK, 2020-2027 ($ MILLION)

35. SPAIN 5G IOT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)

36. REST OF EUROPEAN 5G IOT MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2020-2027 ($ MILLION)

37. REST OF EUROPEAN 5G IOT MARKET RESEARCH AND ANALYSIS BY NETWORK, 2020-2027 ($ MILLION)

38. REST OF EUROPEAN 5G IOT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)

1. IMPACT OF COVID-19 ON EUROPEAN 5G IOT MARKET, 2020-2027 ($ MILLION)

2. IMPACT OF COVID-19 ON EUROPEAN 5G IOT MARKET BY SEGMENT, 2020-2027 ($ MILLION)

3. RECOVERY OF EUROPEAN 5G IOT MARKET, 2021-2027 (%)

4. EUROPEAN 5G IOT MARKET SHARE BY COMPONENT, 2020 VS 2027 (%)

5. EUROPEAN 5G IOT MARKET SHARE BY NETWORK, 2020 VS 2027 (%)

6. EUROPEAN 5G IOT MARKET SHARE BY END-USER INDUSTRY, 2020 VS 2027 (%)

7. EUROPEAN 5G IOT MARKET SHARE BY COUNTRY, 2020 VS 2027 (%)

8. UK 5G IOT MARKET SIZE, 2020-2027 ($ MILLION)

9. GERMANY 5G IOT MARKET SIZE, 2020-2027 ($ MILLION)

10. FRANCE 5G IOT MARKET SIZE, 2020-2027 ($ MILLION)

11. ITALY 5G IOT MARKET SIZE, 2020-2027 ($ MILLION)

12. SPAIN 5G IOT MARKET SIZE, 2020-2027 ($ MILLION)

13. REST OF EUROPEAN 5G IOT MARKET SIZE, 2020-2027 ($ MILLION)