According to Market Research Future (MRFR), the Western Europe communication infrastructure market has grown significantly in recent years and is expected to reach USD 22,538.7 million by 2032, growing at a compound annual growth rate (CAGR) of 5.4% over the forecast period of 2024-2032.
The communication infrastructure industry serves as the foundation for modern connectivity, propelling economic growth and assisting societies in their digital transformation. This industry uses a variety of technologies, including data centers, wireless towers, fiber-optic networks, and satellite systems, to form the foundation of internet, voice, and data communication.
The expanding use of 5G technology, increased investment in smart cities, and the growing need for enhanced security are all drivers driving growth in the Western Europe communication infrastructure market. However, data security and privacy concerns, regulatory compliance and standardization, and the difficulties connected with the development of wireless infrastructure systems and design architecture all impede market growth. Nonetheless, the industry is positioned for substantial growth prospects, including the incorporation of artificial intelligence into network management, the expansion of edge computing solutions, and the development of energy-efficient semiconductor technologies.
Market Segmentation
The Western European communication infrastructure market is divided into three components: hardware, software, and services.
The Western Europe communication infrastructure market is divided into two segments: wired and wireless.
The Western Europe communication infrastructure market is divided into four segments based on network type: 4G/LTE (Long-Term Evolution), 5G, fixed broadband, and satellite.
Western Europe's communication infrastructure is divided by country: Germany, Austria, France, Belgium, Liechtenstein, Luxembourg, Monaco, the Netherlands, and Switzerland. Communication infrastructure demand and acceptance are expanding in Western European countries as the countries become more digital, technical advancements are achieved, and reliance on connectivity is felt across all sectors. One example is the rollout of 5G networks, with Germany and France among the first countries to do so. 5G has the potential to deliver ultra-high speeds, very low latency, and support a large number of connected devices, making it critical for applications such as self-driving cars, smart cities, and industries.
Major Players
The SCCI Group includes Vantage Towers AG, Unsere Grüne Glasfaser (UGG), Cellnex Telecom, NOVEC, Equinix, Nippon Telegraph and Telephone Corporation (NTT), DigitalBridge Group, Inc, Global Switch, and Digital Realty.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook