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Europe 5G in BFSI Market Size, Share & Trends Analysis Report By Enterprise Size, By Data Type, By Service, By Deployment Type (Cloud-based, On-Premises, and Hybrid), By Application, By Technology, By Country and Growth Forecast, 2024 - 2031

Publisher Knowledge Based Value (KBV) Research
Published Dec 06, 2024
Length 172 Pages
SKU # KBV19421978

Description

Europe 5G in BFSI Market Size, Share & Trends Analysis Report By Enterprise Size, By Data Type, By Service, By Deployment Type (Cloud-based, On-Premises, and Hybrid), By Application, By Technology, By Country and Growth Forecast, 2024 - 2031


The Europe 5G in BFSI Market would witness market growth of 32.1% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe 5G in BFSI Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $7,502.7 million by 2031. The UK market is exhibiting a CAGR of 31% during (2024 - 2031). Additionally, The France market would experience a CAGR of 33.2% during (2024 - 2031).

One of 5G's most notable contributions to the BFSI industry is its ability to support the growing demand for digital payment solutions. As societies move toward cashless economies, digital wallets, contactless payments, and online banking are becoming the norm. For these payment systems to securely and effectively handle large volumes of transactions, strong and dependable networks are necessary.

5G technology is revolutionizing the BFSI sector with ultra-fast speeds and low latency, enabling real-time transactions, instant data transfers, and seamless customer interactions. Mobile payment platforms like Google Pay and Paytm benefit from 5G’s reliability, ensuring smooth operations during high-traffic events such as Black Friday sales or the Olympics, where millions of transactions occur simultaneously.

Europe stands out as a leading region for 5G adoption in the BFSI sector, driven by the rapid digitalization of financial services and a strong regulatory framework emphasizing data security. Germany is at the forefront of leveraging 5G in BFSI for smart banking solutions, with a strong focus on enhancing branchless banking and IoT-enabled ATMs. The country’s robust fintech ecosystem supports the integration of 5G for real-time customer service and advanced analytics. Austria’s banking sector demonstrated significant resilience, with aggregated operating profit rising by 10% year-on-year in 2021 and risk provisioning decreasing by 60%. Total profits climbed to €6.1 billion, reflecting a strong post-pandemic recovery. The adoption of 5G connectivity offers Austria’s financial institutions an opportunity to improve operational efficiency and leverage real-time analytics, strengthening stability and driving further growth in the financial sector. Thus, the region will present lucrative growth opportunities for the market throughout the forecast period.

Based on Enterprise Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises (SMEs). Based on Data Type, the market is segmented into Real-Time Data, Structured Data, and Unstructured Data. Based on Service, the market is segmented into Managed Services, Consulting Services, and Professional Services. Based on Deployment Type, the market is segmented into Cloud-based, On-Premises, and Hybrid. Based on Application, the market is segmented into Mobile Banking & Payments, Fraud Detection & Security, Real-Time Trading & Investment Services, Customer Service (Chatbots, AI), and Smart Branches & ATMs & Others. Based on Technology, the market is segmented into Mobile Connectivity, AI & ML, Cloud Computing, IoT, Blockchain, Edge Computing, and Other Technology. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled
  • Vodafone Group Plc
  • Telefónica S.A.
  • AT&T Inc.
  • Verizon Communications, Inc.
  • Ericsson AB
  • Nokia Corporation
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Samsung Electronics Co., Ltd. (Samsung Health)
  • ZTE Corporation
  • Qualcomm Incorporated (Qualcomm Technologies, Inc.)
Europe 5G in BFSI Market Report Segmentation

By Enterprise Size
  • Large Enterprises
  • Small & Medium Enterprises (SMEs)
By Data Type
  • Real-Time Data
  • Structured Data
  • Unstructured Data
By Service
  • Managed Services
  • Consulting Services
  • Professional Services
By Deployment Type
  • Cloud-based
  • On-Premises
  • Hybrid
By Application
  • Mobile Banking & Payments
  • Fraud Detection & Security
  • Real-Time Trading & Investment Services
  • Customer Service (Chatbots, AI)
  • Smart Branches & ATMs & Others
By Technology
  • Mobile Connectivity
  • AI & ML
  • Cloud Computing
  • IoT
  • Blockchain
  • Edge Computing
  • Other Technology
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

172 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe 5G in BFSI Market, by Enterprise Size
1.4.2 Europe 5G in BFSI Market, by Data Type
1.4.3 Europe 5G in BFSI Market, by Service
1.4.4 Europe 5G in BFSI Market, by Deployment Type
1.4.5 Europe 5G in BFSI Market, by Application
1.4.6 Europe 5G in BFSI Market, by Technology
1.4.7 Europe 5G in BFSI Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis
Chapter 5. Europe 5G in BFSI Market by Enterprise Size
5.1 Europe Large Enterprises Market by Country
5.2 Europe Small & Medium Enterprises (SMEs) Market by Country
Chapter 6. Europe 5G in BFSI Market by Data Type
6.1 Europe Real-Time Data Market by Country
6.2 Europe Structured Data Market by Country
6.3 Europe Unstructured Data Market by Country
Chapter 7. Europe 5G in BFSI Market by Service
7.1 Europe Managed Services Market by Country
7.2 Europe Consulting Services Market by Country
7.3 Europe Professional Services Market by Country
Chapter 8. Europe 5G in BFSI Market by Deployment Type
8.1 Europe Cloud-based Market by Country
8.2 Europe On-Premises Market by Country
8.3 Europe Hybrid Market by Country
Chapter 9. Europe 5G in BFSI Market by Application
9.1 Europe Mobile Banking & Payments Market by Country
9.2 Europe Fraud Detection & Security Market by Country
9.3 Europe Real-Time Trading & Investment Services Market by Country
9.4 Europe Customer Service (Chatbots, AI) Market by Country
9.5 Europe Smart Branches & ATMs & Others Market by Country
Chapter 10. Europe 5G in BFSI Market by Technology
10.1 Europe Mobile Connectivity Market by Country
10.2 Europe AI & ML Market by Country
10.3 Europe Cloud Computing Market by Country
10.4 Europe IoT Market by Country
10.5 Europe Blockchain Market by Country
10.6 Europe Edge Computing Market by Country
10.7 Europe Other Technology Market by Country
Chapter 11. Europe 5G in BFSI Market by Country
11.1 Germany 5G in BFSI Market
11.1.1 Germany 5G in BFSI Market by Enterprise Size
11.1.2 Germany 5G in BFSI Market by Data Type
11.1.3 Germany 5G in BFSI Market by Service
11.1.4 Germany 5G in BFSI Market by Deployment Type
11.1.5 Germany 5G in BFSI Market by Application
11.1.6 Germany 5G in BFSI Market by Technology
11.2 UK 5G in BFSI Market
11.2.1 UK 5G in BFSI Market by Enterprise Size
11.2.2 UK 5G in BFSI Market by Data Type
11.2.3 UK 5G in BFSI Market by Service
11.2.4 UK 5G in BFSI Market by Deployment Type
11.2.5 UK 5G in BFSI Market by Application
11.2.6 UK 5G in BFSI Market by Technology
11.3 France 5G in BFSI Market
11.3.1 France 5G in BFSI Market by Enterprise Size
11.3.2 France 5G in BFSI Market by Data Type
11.3.3 France 5G in BFSI Market by Service
11.3.4 France 5G in BFSI Market by Deployment Type
11.3.5 France 5G in BFSI Market by Application
11.3.6 France 5G in BFSI Market by Technology
11.4 Russia 5G in BFSI Market
11.4.1 Russia 5G in BFSI Market by Enterprise Size
11.4.2 Russia 5G in BFSI Market by Data Type
11.4.3 Russia 5G in BFSI Market by Service
11.4.4 Russia 5G in BFSI Market by Deployment Type
11.4.5 Russia 5G in BFSI Market by Application
11.4.6 Russia 5G in BFSI Market by Technology
11.5 Spain 5G in BFSI Market
11.5.1 Spain 5G in BFSI Market by Enterprise Size
11.5.2 Spain 5G in BFSI Market by Data Type
11.5.3 Spain 5G in BFSI Market by Service
11.5.4 Spain 5G in BFSI Market by Deployment Type
11.5.5 Spain 5G in BFSI Market by Application
11.5.6 Spain 5G in BFSI Market by Technology
11.6 Italy 5G in BFSI Market
11.6.1 Italy 5G in BFSI Market by Enterprise Size
11.6.2 Italy 5G in BFSI Market by Data Type
11.6.3 Italy 5G in BFSI Market by Service
11.6.4 Italy 5G in BFSI Market by Deployment Type
11.6.5 Italy 5G in BFSI Market by Application
11.6.6 Italy 5G in BFSI Market by Technology
11.7 Rest of Europe 5G in BFSI Market
11.7.1 Rest of Europe 5G in BFSI Market by Enterprise Size
11.7.2 Rest of Europe 5G in BFSI Market by Data Type
11.7.3 Rest of Europe 5G in BFSI Market by Service
11.7.4 Rest of Europe 5G in BFSI Market by Deployment Type
11.7.5 Rest of Europe 5G in BFSI Market by Application
11.7.6 Rest of Europe 5G in BFSI Market by Technology
Chapter 12. Company Profiles
12.1 Vodafone Group Plc
12.1.1 Company Overview
12.1.2 Financial Analysis
12.1.3 Segmental Analysis
12.2 Telefonica S.A.
12.2.1 Company Overview
12.2.2 Financial Analysis
12.2.3 Segmental Analysis
12.2.4 Research & Development Expense
12.3 AT&T, Inc.
12.3.1 Company Overview
12.3.2 Financial Analysis
12.3.3 Segmental and Regional Analysis
12.3.4 Research & Development Expense
12.3.5 Recent strategies and developments:
12.3.5.1 Partnerships, Collaborations, and Agreements:
12.3.6 SWOT Analysis
12.4 Verizon Communications, Inc.
12.4.1 Company Overview
12.4.2 Financial Analysis
12.4.3 Segmental Analysis
12.4.4 SWOT Analysis
12.5 Ericsson AB
12.5.1 Company Overview
12.5.2 Financial Analysis
12.5.3 Segmental and Regional Analysis
12.5.4 Research & Development Expense
12.5.5 SWOT Analysis
12.6 Nokia Corporation
12.6.1 Company Overview
12.6.2 Financial Analysis
12.6.3 Segmental and Regional Analysis
12.6.4 Research & Development Expense
12.6.5 SWOT Analysis
12.7 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
12.7.1 Company Overview
12.7.2 Financial Analysis
12.7.3 Segmental and Regional Analysis
12.7.4 Research & Development Expenses
12.7.5 SWOT Analysis
12.8 Samsung Electronics Co., Ltd. (Samsung Group)
12.8.1 Company Overview
12.8.2 Financial Analysis
12.8.3 Segmental and Regional Analysis
12.8.4 Research & Development Expenses
12.8.5 SWOT Analysis
12.9 ZTE Corporation
12.9.1 Company Overview
12.9.2 Financial Analysis
12.9.3 Segmental and Regional Analysis
12.9.4 Research & Development Expenses
12.9.5 SWOT Analysis
12.10. Qualcomm Incorporated (Qualcomm Technologies, Inc.)
12.10.1 Company Overview
12.10.2 Financial Analysis
12.10.3 Segmental and Regional Analysis
12.10.4 Research & Development Expense
12.10.5 SWOT Analysis

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