
Europe 5G Enterprise Private Network Market Size, Share & Trends Analysis Report By Frequency Band (Sub-6 GHz and mmWave), By Organization Size, By Component (Hardware, Software, and Services), By Industry Vertical, By Country and Growth Forecast, 2024 -
Description
Europe 5G Enterprise Private Network Market Size, Share & Trends Analysis Report By Frequency Band (Sub-6 GHz and mmWave), By Organization Size, By Component (Hardware, Software, and Services), By Industry Vertical, By Country and Growth Forecast, 2024 - 2031
The Europe 5G Enterprise Private Network Market would witness market growth of 48.4% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe 5G Enterprise Private Network Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,804.6 million by 2031. The UK market is experiencing a CAGR of 47.2% during (2024 - 2031). Additionally, The France market would witness a CAGR of 49.7% during (2024 - 2031).
One key driver behind adopting 5G enterprise private networks is their ability to provide enhanced network performance. 5G technology offers ultra-low latency, high data transfer speeds, and the capacity to support many connected devices simultaneously. Additionally, low latency and high reliability are essential for enabling real-time decision-making and communication between devices. Industries such as energy, utilities, and mining, which often operate in remote or harsh environments, increasingly deploy private 5G networks to ensure continuous and reliable communication with minimal lag.
Another factor propelling the growth of the 5G enterprise private network market is the increasing demand for security and data privacy. As more businesses digitize their operations and adopt Industrial Internet of Things (IIoT) applications, the volume of data generated by connected devices has surged. This data often includes sensitive information related to production processes, customer details, or intellectual property, making security a top priority for businesses. Private 5G networks offer enhanced data privacy by enabling enterprises to control network traffic and restrict access to external entities. Unlike public networks, where data may be more vulnerable to cyber-attacks or breaches, private 5G networks allow businesses to implement stringent security measures tailored to their specific needs, ensuring that sensitive information is protected.
In the UK, the expansion of 5G enterprise private networks is closely linked to the country's leadership in fintech and digital banking services. The UK, Europe's largest fintech hub, had over 3,200 fintech companies in 2022, up from 3,000 in 2021, reflecting its ongoing investment in innovative financial technologies. The rise of mobile and digital banking services requires high-speed, secure networks capable of handling large volumes of financial transactions. 5G private networks are becoming essential for ensuring these platforms' reliability, speed, and security, allowing fintech companies to enhance customer experience and streamline complex financial operations. As a result, Europe is expected to see continued growth in 5G private networks as industries seek to enhance efficiency, security, and resilience.
Based on Frequency Band, the market is segmented into Sub-6 GHz and mmWave. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Industry Vertical, the market is segmented into Manufacturing, BFSI, Energy & Utilities, Retail, Government, Public Safety, Office Building, and Other Industry Vertical. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Nokia Corporation
- Vodafone Group Plc
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Samsung Electronics Co., Ltd. (Samsung Group)
- Verizon Communications, Inc.
- Ericsson AB
- ZTE Corporation
- Hewlett Packard Enterprise Company
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
By Frequency Band
- Sub-6 GHz
- mmWave
- Large Enterprises
- Small & Medium-sized Enterprises
- Hardware
- Software
- Services
- Manufacturing
- BFSI
- Energy & Utilities
- Retail
- Government
- Public Safety
- Office Building
- Other Industry Vertical
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
165 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 Enterprise Private Network Market, by Frequency Band
- 1.4.2 Europe 5G Enterprise Private Network Market, by Organization Size
- 1.4.3 Europe 5G Enterprise Private Network Market, by Component
- 1.4.4 Europe 5G Enterprise Private Network Market, by Industry Vertical
- 1.4.5 Europe 5G Enterprise Private Network 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 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2020, Oct – 2024, Jun) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. Europe 5G Enterprise Private Network Market by Frequency Band
- 5.1 Europe Sub-6 GHz Market by Country
- 5.2 Europe mmWave Market by Country
- Chapter 6. Europe 5G Enterprise Private Network Market by Organization Size
- 6.1 Europe Large Enterprises Market by Country
- 6.2 Europe Small & Medium-sized Enterprises Market by Country
- Chapter 7. Europe 5G Enterprise Private Network Market by Component
- 7.1 Europe Hardware Market by Country
- 7.2 Europe Software Market by Country
- 7.3 Europe Services Market by Country
- Chapter 8. Europe 5G Enterprise Private Network Market by Industry Vertical
- 8.1 Europe Manufacturing Market by Country
- 8.2 Europe BFSI Market by Country
- 8.3 Europe Energy & Utilities Market by Country
- 8.4 Europe Retail Market by Country
- 8.5 Europe Government Market by Country
- 8.6 Europe Public Safety Market by Country
- 8.7 Europe Office Building Market by Country
- 8.8 Europe Other Industry Vertical Market by Country
- Chapter 9. Europe 5G Enterprise Private Network Market by Country
- 9.1 Germany 5G Enterprise Private Network Market
- 9.1.1 Germany 5G Enterprise Private Network Market by Frequency Band
- 9.1.2 Germany 5G Enterprise Private Network Market by Organization Size
- 9.1.3 Germany 5G Enterprise Private Network Market by Component
- 9.1.4 Germany 5G Enterprise Private Network Market by Industry Vertical
- 9.2 UK 5G Enterprise Private Network Market
- 9.2.1 UK 5G Enterprise Private Network Market by Frequency Band
- 9.2.2 UK 5G Enterprise Private Network Market by Organization Size
- 9.2.3 UK 5G Enterprise Private Network Market by Component
- 9.2.4 UK 5G Enterprise Private Network Market by Industry Vertical
- 9.3 France 5G Enterprise Private Network Market
- 9.3.1 France 5G Enterprise Private Network Market by Frequency Band
- 9.3.2 France 5G Enterprise Private Network Market by Organization Size
- 9.3.3 France 5G Enterprise Private Network Market by Component
- 9.3.4 France 5G Enterprise Private Network Market by Industry Vertical
- 9.4 Russia 5G Enterprise Private Network Market
- 9.4.1 Russia 5G Enterprise Private Network Market by Frequency Band
- 9.4.2 Russia 5G Enterprise Private Network Market by Organization Size
- 9.4.3 Russia 5G Enterprise Private Network Market by Component
- 9.4.4 Russia 5G Enterprise Private Network Market by Industry Vertical
- 9.5 Spain 5G Enterprise Private Network Market
- 9.5.1 Spain 5G Enterprise Private Network Market by Frequency Band
- 9.5.2 Spain 5G Enterprise Private Network Market by Organization Size
- 9.5.3 Spain 5G Enterprise Private Network Market by Component
- 9.5.4 Spain 5G Enterprise Private Network Market by Industry Vertical
- 9.6 Italy 5G Enterprise Private Network Market
- 9.6.1 Italy 5G Enterprise Private Network Market by Frequency Band
- 9.6.2 Italy 5G Enterprise Private Network Market by Organization Size
- 9.6.3 Italy 5G Enterprise Private Network Market by Component
- 9.6.4 Italy 5G Enterprise Private Network Market by Industry Vertical
- 9.7 Rest of Europe 5G Enterprise Private Network Market
- 9.7.1 Rest of Europe 5G Enterprise Private Network Market by Frequency Band
- 9.7.2 Rest of Europe 5G Enterprise Private Network Market by Organization Size
- 9.7.3 Rest of Europe 5G Enterprise Private Network Market by Component
- 9.7.4 Rest of Europe 5G Enterprise Private Network Market by Industry Vertical
- Chapter 10. Company Profiles
- 10.1 Nokia Corporation
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.6 SWOT Analysis
- 10.2 Vodafone Group Plc
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental Analysis
- 10.2.4 Recent strategies and developments:
- 10.2.4.1 Product Launches and Product Expansions:
- 10.3 Cisco Systems, Inc.
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Partnerships, Collaborations, and Agreements:
- 10.3.5.2 Product Launches and Product Expansions:
- 10.3.6 SWOT Analysis
- 10.4 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expenses
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Product Launches and Product Expansions:
- 10.4.6 SWOT Analysis
- 10.5 Samsung Electronics Co., Ltd. (Samsung Group)
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expenses
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Partnerships, Collaborations, and Agreements:
- 10.5.5.2 Product Launches and Product Expansions:
- 10.5.6 SWOT Analysis
- 10.6 Verizon Communications, Inc.
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental Analysis
- 10.6.4 Recent strategies and developments:
- 10.6.4.1 Product Launches and Product Expansions:
- 10.6.5 SWOT Analysis
- 10.7 Ericsson AB
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expense
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Partnerships, Collaborations, and Agreements:
- 10.7.5.2 Product Launches and Product Expansions:
- 10.7.6 SWOT Analysis
- 10.8 ZTE Corporation
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expenses
- 10.8.5 Recent strategies and developments:
- 10.8.5.1 Product Launches and Product Expansions:
- 10.8.6 SWOT Analysis
- 10.9 Hewlett Packard Enterprise Company
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Segmental and Regional Analysis
- 10.9.4 Research & Development Expense
- 10.9.5 Recent strategies and developments:
- 10.9.5.1 Partnerships, Collaborations, and Agreements:
- 10.9.5.2 Product Launches and Product Expansions:
- 10.9.5.3 Acquisition and Mergers:
- 10.9.6 SWOT Analysis
- 10.10. Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental and Regional Analysis
- 10.10.4 Research & Development Expense
- 10.10.5 Recent strategies and developments:
- 10.10.5.1 Partnerships, Collaborations, and Agreements:
- 10.10.5.2 Product Launches and Product Expansions:
- 10.10.6 SWOT Analysis
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