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Europe 5G in IoT Market to 2027 - Global Analysis and Forecasts by AT&T, BT Group, Huawei Technologies, Nokia, Qualcomm

02-10-2020 08:02 AM CET | Media & Telecommunications

Press release from: The Insight Partners

5G Market

5G Market

5G in IoT market in Europe is expected to grow from US$ 322.4 Mn in 2019 to US$ 1,679.8 Mn by the year 2027. This represents a CAGR of 22.9% from the year 2019 to 2027.

In Europe region, 5G networks is in launching phase, also Europe is highly focused toward the implementation of IoT technology, 5G would be used in IoT that would highly transform the IoT industry. The Europe 5G in IoT market size is expected to gradually increase in the coming years till 2027, owing to massive and ever-increasing demand for 5G.

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The advent of IoT has enabled each device to be connected over the internet, and the rising adoptions in Europe would result in more than billions of devices connected over the internet. These devices are bound to generate huge amounts of data. In addition to the growth in mobile broadband data, Fixed Wireless Access, Massive IoT, and Critical IoT are expected to emerge as completely new use cases. These evolutions would further increase data traffic. Handling an exponential surge in the data traffic over the internet, coupled with a rising number of devices, is presenting a major challenge for the existing network infrastructures of 4G LTE and 3G. The capabilities of the existing network infrastructures have propelled the telecommunication service providers and carrier operators, along with various telecommunication bodies across the region, to develop a standard that would support this splurge of data. As 5G operates over a very-high-frequency spectrum, it enables the connection of a large number of devices over the network. Therefore, with the increase in mobile data traffic, demand for the deployment of 5G would increase rapidly which further helps to boost Europe 5G in IoT market.

Europe counts as one of the potential regions across the globe due to its spending on research and development of IT infrastructure and continuous focus on implementing most advanced technologies in order to stay updated. In the region, 5G networks is already launching also Europe is highly focused toward the IoT, as the field that would benefit the most also, 5G would be used in IoT that would transform the IoT industry. Europe has highly emphasized on taking substantial steps to lead in developments towards this strategic technology. Big giants in the region are engaged toward launching the 5G network for better speed and efficiency. For instance, Vodafone Group Plc, a British Telecommunications company announced that it would launch 5G commercially in 2019 in the operating countries of Europe where licenses for spectrum in the 3.4-3.8GHz range have been awarded, such as the U.K and Italy. Therefore, focus in marketing strategies by the companies is expected to boost the Europe 5G in IoT market.
The well-established market players operating in the Europe 5G in IoT market are AT&T Inc., BT Group Plc, Huawei Technologies Co., Ltd, Nokia Corporation, Qualcomm Corporation, Singapore Telecommunications Limited (Singtel), Telefonaktiebolaget LM Ericsson, Telefónica S.A., Telstra Corporation Limited, and Vodafone Group PLC.

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Table of Content:

1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Market Segmentation
3.4.1 Europe 5G in IoT Market, By Radio Technology
3.4.2 Europe 5G in IoT Market, By Device Range
3.4.3 Europe 5G in IoT Market, By Industry Vertical
3.4.4 Europe 5G in IoT Market, By Country
4. 5G In Iot Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Needs of 5G In Manufacturing
4.4.1 Automotive Plants/Factory
4.4.2 Other Plants/Factory
4.5 5G Technology & Cars
5. 5G in IoT Market - Key Industry Dynamics
5.1 Key Drivers
5.1.1 Impact of 5G on number of connected IoT devices
5.1.2 Rapidly growing volume of traffic unlocking new 5G possibilities
5.2 Key Restraints
5.2.1 High costs of implementation of base stations and complexities involved in it
5.3 Key Opportunities
5.3.1 Optimizing 5G networks in cloud computing
5.4 Future Trend
5.4.1 Smart Manufacturing through Implementation of 5G Technology
5.5 Impact Analysis of Drivers and Restraints
6. Europe 5G in IoT Market -Market Analysis
6.1 Europe 5G in IoT Market Overview
6.2 Europe 5G in IoT Market Forecast and Analysis
6.3 Market Positioning - Top 5 Players Ranking
7. 5G In Iot Market Analysis - By Radio Technology
7.1 Overview
7.2 Europe 5G in IoT Market Breakdown, by Radio Technology, 2019 & 2027
7.3 5G NR Standalone Architecture
7.3.1 Overview
7.3.2 Europe 5G NR Standalone Architecture Market Revenue and Forecast to 2027 (US$ Mn)
7.4 5G NR Non-Standalone Architecture
7.4.1 Overview
7.4.2 Europe 5G NR Non-Standalone Architecture Market Revenue and Forecast to 2027 (US$ Mn)

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Email: sales@theinsightpartners.com

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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