Europe Private 5G Networks Market Forecast to 2030

Europe Private 5G Networks Market Forecast to 2030 – Regional Analysis – By Component (Hardware, Software, and Services), Frequency (Sub-6 GHz and mmWave), and End User (Manufacturing, Energy and Utilities, Automotive, Military and Defense, Government and Public Safety, and Others)

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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; it is estimated to record a CAGR of 40.9% from 2022 to 2030.

Rising Digitalization across Enterprises Drives Europe Private 5G Networks Market

Enterprise digitalization is the process of transforming businesses using digital technologies. Enterprise digitalization has surged the demand for private 5G networks. As businesses become more digitalized, they need faster, more reliable, and more secure connectivity to support their operations. Private 5G networks can meet these needs by providing dedicated bandwidth, low latency, and high QoS. Moreover, enterprise digitalization is also leading to new business models for private 5G networks. For example, some vendors are offering managed private 5G services, which allows businesses to deploy and manage private 5G networks without having to invest in their infrastructure. For instance, AT&T provides a 5G enterprise solution that promises to deliver broadband speeds over wireless and cellular networks to unlock new opportunities previously constrained by wired, bandwidth, and transmission limitations. Several market players are also taking initiatives to stay competitive in the market. For instance, in 2023, Nokia partnered with DXC technology to launch DXC signal private LTE and 5G solutions. Nokia and DXC Technology, one of the leading Fortune 500 global technology services companies, announced the availability of DXC Signal Private LTE and 5G, a managed secure private wireless network and digitalization platform solution that helps industrial enterprises digitally transform their operations. Therefore, the increasing requirement for IoT is creating a strong demand for private 5G networks. Private 5G networks can offer the bandwidth, latency, reliability, and security that IoT applications require. As a result, the private 5G network market is growing significantly.

Europe Private 5G Networks Market Overview

The Private 5G Networks market in Europe is segmented into Germany, France, Italy, the UK, Spain, and the Rest of Europe. In Europe, businesses in a variety of industries-such as manufacturing, logistics, and healthcare-are increasingly demanding high-speed, low-latency connectivity to support their operations. Private 5G networks can provide these capabilities, making them an attractive option for businesses. Additionally, the European government is investing in the private 5G network. For instance, in March 2023, the Spanish Ministry launched several tenders with a total value of US$ 53.3 million. On the contrary, according to local media, the Spanish Ministry of Defence is looking to build private 5G networks for the military. The largest tender is for a project to create a testing and training hub to provide military cyber protection training. The second tender is for the establishment of two private 5G standalone networks for two military installations in Madrid. Moreover, a total of US$ 21.3 million will be granted to initiatives in healthcare, emergency services, logistics, and defense. The winners of the Belgian government’s 5G pilot project tender was announced in March 2023. Orange emerged as the clear winner, and it was chosen to carry out a total of 12 of these projects. Citymesh, a private networking provider, was awarded five projects. The government said that the country suffered from a slower 5G rollout than most other EU countries and that the projects would accelerate 5G innovation in Belgium. The project call was first launched in July 2022. Therefore, the private 5G network market in Europe is expected to experience significant growth in the coming years, driven by the increasing demand for high-speed, low-latency connectivity, the growing need for security and privacy, and the increasing availability of spectrum.

Europe Private 5G Networks Market Revenue and Forecast to 2030 (US$ Million)

Europe Private 5G Networks Market Segmentation

The Europe private 5G networks market is segmented based on component, frequency, end user, and country. Based on component, the Europe private 5G networks market is categorized into hardware, software, and services. The hardware segment held the largest market share in 2022.

Based on frequency, the Europe private 5G networks market is bifurcated into sub-6GHz and mmwave. The sub-6GHz segment held a larger market share in 2022.

Based on end user, the Europe private 5G networks market is categorized into manufacturing, energy and utilities, automotive, military and defense, government and public safety, and others. The manufacturing segment held the largest market share in 2022.

Based on country, the Europe private 5G networks market is segmented into Germany, the UK, France, Spain, Italy, and the Rest of Europe. Germany dominated the Europe private 5G networks market share in 2022.

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 are some of the leading companies operating in the Europe private 5G networks market.

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At 40.9% CAGR, Europe Private 5G Networks Market is Speculated to be Worth US$ 10,511.58 Million by 2030, says the Research Team

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.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe private 5G networks market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Europe private 5G networks market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe private 5G networks market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

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

LIST OF TABLES

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
 

LIST OF FIGURES

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)

The List of Companies – Europe Private 5G Networks Market

1. Cisco Systems Inc
2. Huawei Technologies Co Ltd
3. Nokia Corp – Global
4. Telefonaktiebolaget LM Ericsson
5. T-Systems International GmbH
6. Verizon Communications Inc
7. Vodafone Group Plc
8. AT & T
9. Qualcomm Inc
10. Amazon Web Services Inc

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