Europe Private 5G Networks Market Forecast to 2030

According to the Research Team’ research, the Europe private 5G networks market was valued at US$ 678.26 million in 2022 and is expected to reach US$ 10,511.58 million by 2030, registering a CAGR of 40.9% from 2022 to 2030. Increasing deployment of time-sensitive networking in automotive industries and increasing demand for IoT are among the critical factor attributed to the Europe private 5G networks market expansion.

Time-sensitive networking (TSN) is a set of protocols for predictable, low-latency communication across Ethernet networks. As a result, it is suited for use in applications requiring real-time communication, such as autonomous driving and advanced driver assistance systems (ADAS). For automotive applications, private 5G networks have certain advantages over standard public cellular networks. They can offer more bandwidth, lower latency, and more reliability. This is due to the fact that private 5G networks are dedicated to a particular user or organization and do not have the same congestion difficulties as public networks. The combination of TSN and private 5G networks is creating new opportunities for the automotive industry. For example, TSN can be used to enable real-time communication between various sensors, actuators, and control systems in an autonomous vehicle. This is crucial for ensuring the safety and reliability of autonomous driving systems. TSN technologies are emerging. For instance, the IEEE Standards Association advances new TSN application profiles as adoption increases in the automotive industry. Therefore, the growing interest in TSN in the automotive industry is an opportunity for growth in the private 5G network market. As the automotive industry continues to develop and deploy autonomous vehicles and ADAS systems, the demand for private 5G networks is expected to continue to grow.

On the contrary, high deployment and maintenance cost hurdles the growth of Europe private 5G networks market.

Based on component, the Europe private 5G networks market is categorized into hardware, software, and services. The hardware segment held 55.4% market share in 2022, amassing US$ 375.63 million. It is projected to garner US$ 6,097.22 million by 2030 to expand at 41.7% CAGR during 2022-2030.

In terms of frequency, the Europe private 5G networks market is bifurcated into sub-6GHz and mmwave. The sub-6GHz segment held 93.6% share of Europe private 5G networks market in 2022, amassing US$ 635.17 million. It is projected to garner US$ 9,747.27 million by 2030 to expand at 40.7% CAGR during 2022-2030.

By end user, the Europe private 5G networks market is segmented into manufacturing, energy and utilities, automotive, military and defense, government and public safety, and others. The manufacturing segment held 25.8% share of Europe private 5G networks market in 2022, amassing US$ 174.80 million. It is projected to garner US$ 2,965.40 million by 2030 to expand at 42.5% CAGR during 2022-2030.

Based on country, the Europe private 5G networks market has been categorized into Germany, the UK, France, Spain, Italy, and the Rest of Europe. Our regional analysis states that Germany captured 34.3% share of Europe private 5G networks market in 2022. It was assessed at US$ 232.58 million in 2022 and is likely to hit US$ 3,910.68 million by 2030, exhibiting a CAGR of 42.3% during 2022-2030.

Key players operating in the Europe private 5G networks market are Cisco Systems Inc, Huawei Technologies Co Ltd, Nokia Corp, Telefonaktiebolaget LM Ericsson, T-Systems International GmbH, Verizon Communications Inc, Vodafone Group Plc, AT&T, Qualcomm Inc, and Amazon Web Services Inc, among others.

In May 2023, Schneider Electric, Capgemini, and Qualcomm Technologies have announced their collaboration on a first-of-its-kind 5G-enabled automated hoisting solution. The three companies have joined efforts on the design and installation of the solution at Schneider Electric’s hoisting Lab in Grenoble, France.

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Private 5G Networks Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. Europe Private 5G Networks Market – Key Industry Dynamics
5.1 Private 5G Networks Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Increasing Demand for IoT
5.2.2 Rising Digitalization across Enterprises
5.3 Market Restraints
5.3.1 High Deployment and Maintenance Cost
5.3.2 Limited Coverage Area
5.4 Market Opportunities
5.4.1 Increasing Deployment of Time-Sensitive Networking in Automotive Industries
5.4.2 Growing adoption of Private 5G Networks in Mining Industry
5.5 Future Trends
5.5.1 Increasing use of 5G small cells
5.6 Impact of Drivers and Restraints:
6. Private 5G Networks Market – Europe Market Analysis
6.1 Private 5G Networks Market Revenue (US$ Million), 2022 – 2030
6.2 Private 5G Networks Market Forecast and Analysis
7. Europe Private 5G Networks Market Analysis – By Component
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Software
7.2.1 Overview
7.2.2 Software Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Services
7.3.1 Overview
7.3.2 Services Market, Revenue and Forecast to 2030 (US$ Million)
8. Europe Private 5G Networks Market Analysis – By Frequency
8.1 Sub-6 GHz
8.1.1 Overview
8.1.2 Sub-6 GHz Market Revenue and Forecast to 2030 (US$ Million)
8.2 mmWave
8.2.1 Overview
8.2.2 mmWave Market Revenue and Forecast to 2030 (US$ Million)
9. Europe Private 5G Networks Market Analysis – By End User
9.1 Manufacturing
9.1.1 Overview
9.1.2 Manufacturing Market Revenue and Forecast to 2030 (US$ Million)
9.2 Energy and Utilities
9.2.1 Overview
9.2.2 Energy and Utilities Market Revenue and Forecast to 2030 (US$ Million)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive Market Revenue and Forecast to 2030 (US$ Million)
9.4 Military and Defense
9.4.1 Overview
9.4.2 Military and Defense Market Revenue and Forecast to 2030 (US$ Million)
9.5 Government and Public Safety
9.5.1 Overview
9.5.2 Government and Public Safety Market Revenue and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
10. Europe Private 5G Networks Market – Country Analysis
10.1 Europe
10.1.1 Europe Private 5G Networks Market Overview
10.1.2 Europe Private 5G Networks Market Revenue and Forecasts and Analysis – By Country
10.1.2.1 Europe Private 5G Networks Market Revenue and Forecasts and Analysis – By Country
10.1.2.2 Germany Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 Germany Private 5G Networks Market Breakdown by Component
10.1.2.2.2 Germany Private 5G Networks Market Breakdown by Frequency
10.1.2.2.3 Germany Private 5G Networks Market Breakdown by End User
10.1.2.3 United Kingdom Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 United Kingdom Private 5G Networks Market Breakdown by Component
10.1.2.3.2 United Kingdom Private 5G Networks Market Breakdown by Frequency
10.1.2.3.3 United Kingdom Private 5G Networks Market Breakdown by End User
10.1.2.4 France Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 France Private 5G Networks Market Breakdown by Component
10.1.2.4.2 France Private 5G Networks Market Breakdown by Frequency
10.1.2.4.3 France Private 5G Networks Market Breakdown by End User
10.1.2.5 Spain Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.5.1 Spain Private 5G Networks Market Breakdown by Component
10.1.2.5.2 Spain Private 5G Networks Market Breakdown by Frequency
10.1.2.5.3 Spain Private 5G Networks Market Breakdown by End User
10.1.2.6 Italy Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.6.1 Italy Private 5G Networks Market Breakdown by Component
10.1.2.6.2 Italy Private 5G Networks Market Breakdown by Frequency
10.1.2.6.3 Italy Private 5G Networks Market Breakdown by End User
10.1.2.7 Rest of Europe Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.7.1 Rest of Europe Private 5G Networks Market Breakdown by Component
10.1.2.7.2 Rest of Europe Private 5G Networks Market Breakdown by Frequency
10.1.2.7.3 Rest of Europe Private 5G Networks Market Breakdown by End User
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. Company Profiles
13.1 Cisco Systems Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Huawei Technologies Co Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Nokia Corp
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Telefonaktiebolaget LM Ericsson
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 T-Systems International GmbH.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Verizon Communications Inc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Vodafone Group Plc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 AT&T Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Qualcomm Inc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Amazon Web Services Inc
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the Research Team
14.2 Word Index

Table 1. Private 5G Networks Market Segmentation
Table 2. Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Million) – Component
Table 4. Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Million) – Frequency
Table 5. Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Million) – End User
Table 6. Europe Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Country
Table 7. Germany Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 8. Germany Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Frequency
Table 9. Germany Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 10. United Kingdom Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 11. United Kingdom Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Frequency
Table 12. United Kingdom Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 13. France Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 14. France Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Frequency
Table 15. France Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 16. Spain Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 17. Spain Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Frequency
Table 18. Spain Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 19. Italy Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 20. Italy Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Frequency
Table 21. Italy Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 22. Rest of Europe Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 23. Rest of Europe Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By Frequency
Table 24. Rest of Europe Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn) – By End User
Table 25. Heat Map Analysis By Key Players
Table 26. List of Abbreviation
 

Figure 1. Private 5G Networks Market Segmentation, By Country
Figure 2. Ecosystem: Private 5G Networks Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Private 5G Networks Market Revenue (US$ Million), 2022 – 2030
Figure 5. Private 5G Networks Market Share (%) – Component, 2022 and 2030
Figure 6. Hardware Market Revenue and Forecasts to 2030 (US$ Million)
Figure 7. Software Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Services Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Private 5G Networks Market Share (%) Frequency, 2022 and 2030
Figure 10. Sub-6 GHz Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. mmWave Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Private 5G Networks Market Share (%) End User, 2022 and 2030
Figure 13. Manufacturing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Energy and Utilities Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Automotive Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Military and Defense Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Government and Public Safety Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Europe Private 5G Networks Market Revenue, By Key Country, (2022) (US$ Million)
Figure 20. Private 5G Networks Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 21. Germany Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 22. United Kingdom Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 23. France Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 24. Spain Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 25. Italy Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 26. Rest of Europe Private 5G Networks Market Revenue and Forecasts to 2030 (US$ Mn)