Europe Private 5G Network Market Size, Trends and Insights By Component (Solution, Services, Professional Services, Managed Services), By Type (FDD, TDD), By End User (Manufacturing, Energy & Utilities, Healthcare, Transportation, Mining, Others), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Europe |
Largest Market: | Europe |
Major Players
- Siemens
- Nokia
- Ericsson
- Bosch
- Cisco Systems Inc
- NEC Corporation
- Others
Reports Description
As per the current market research conducted by CMI Team, the global Europe Private 5G Network market is expected to record a CAGR of 12.2% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 1,135.49 million. By 2032, the valuation is anticipated to reach USD 3,200.06 million.
The Europe Private 5G Network market refers to the business of providing private 5G network solutions to enterprises in Europe. Private 5G networks are being increasingly adopted by businesses in various industries such as manufacturing, logistics, and healthcare, for their high-speed connectivity, low latency, and secure communication capabilities.
Private 5G networks are owned and operated by the enterprise, providing them with greater control and customization options compared to public 5G networks. The Europe Private 5G Network market includes various players such as telecom companies, technology providers, and network infrastructure vendors who offer end-to-end solutions to enterprises in Europe. The market is expected to grow significantly in the coming years as more businesses adopt private 5G networks for their operations.
Europe Private 5G Network Market – Significant Growth Factors
The Europe Private 5G Network Market is expected to experience significant growth opportunities in the coming years. Here are some of the reasons why:
- Increasing adoption of Industry 4.0: The adoption of Industry 4.0, which involves the use of advanced technologies such as IoT, AI, and robotics in manufacturing, is driving the demand for private 5G networks in Europe. Private 5G networks offer high-speed connectivity and low latency, which is essential for real-time communication and coordination between various IoT devices and machines.
- Rise in the number of connected devices: With the growing popularity of connected devices such as smartphones, tablets, and wearables, there is an increasing need for high-speed and secure wireless networks. Private 5G networks offer enterprises the ability to deploy their own wireless networks, which are more secure and customizable compared to public networks.
- The emergence of new use cases: Private 5G networks are being deployed in new and innovative use cases such as smart cities, healthcare, and logistics. For example, private 5G networks can be used to connect medical devices and wearables in hospitals, enabling real-time monitoring and tracking of patients.
- Supportive regulatory environment: The European Commission has launched various initiatives to support the deployment of 5G networks in Europe, including funding programs for research and development. This supportive regulatory environment is expected to drive the growth of the Europe Private 5G Network market.
Overall, the Europe Private 5G Network Market is expected to experience significant growth opportunities in the coming years, driven by the adoption of Industry 4.0, the rise in connected devices, the emergence of new use cases, and a supportive regulatory environment.
Europe Private 5G Network Market – Mergers and Acquisitions
The Europe Private 5G Network Market has seen a number of mergers and acquisitions in recent years. Here are some notable examples:
- Nokia’s acquisition of Elenion Technologies: In 2020, Nokia acquired Elenion Technologies, a US-based company that specializes in silicon photonics technology. This acquisition is expected to enhance Nokia’s capabilities in private 5G network solutions.
- Ericsson’s acquisition of Cradlepoint: In 2020, Ericsson acquired Cradlepoint, a US-based provider of wireless edge WAN solutions. This acquisition is expected to strengthen Ericsson’s portfolio of private 5G network solutions.
- Vodafone’s acquisition of Grandcentrix: In 2020, Vodafone acquired Grandcentrix, a German IoT solution provider. This acquisition is expected to enhance Vodafone’s capabilities in private 5G network solutions for IoT use cases.
- Deutsche Telekom’s acquisition of GIGA: In 2021, Deutsche Telekom acquired GIGA, a German provider of private 5G network solutions. This acquisition is expected to strengthen Deutsche Telekom’s position in the Europe Private 5G Network Market.
These mergers and acquisitions are expected to drive innovation and competition in the Europe Private 5G Network Market, as companies seek to enhance their capabilities and expand their offerings. The market is expected to remain dynamic and highly competitive, as new players enter the market and existing players continue to invest in research and development.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
Europe Private 5G Network Market | US Private 5G Network Market | Global Private 5G Network Market |
CAGR 12.2% (Approx) | CAGR XX %
(Approx) |
49.7%
(Approx) |
US$ 3,200.06 million by 2032 | US$ XX Billion by 2032 | USD 41.80 billion by 2030 |
Europe Private 5G Network Market – Significant Threats
The Europe Private 5G Network Market faces a number of significant threats that could impact its growth and development. Here are some of the key threats:
- Cybersecurity risks: Private 5G networks are susceptible to cybersecurity risks, which could result in data breaches or other security incidents. Enterprises that deploy private 5G networks need to ensure that they have robust security measures in place to protect against these risks.
- Regulatory challenges: The deployment of private 5G networks may face regulatory challenges in Europe, particularly with regard to spectrum allocation and licensing. Enterprises that want to deploy private 5G networks may face delays or other obstacles in obtaining the necessary licenses and approvals.
- Competition from public networks: Public 5G networks are being rolled out across Europe, which could compete with private 5G networks for market share. Enterprises may choose to use public networks rather than deploying their own private networks, particularly if they do not require the level of customization and control offered by private networks.
- Economic uncertainty: The Europe Private 5G Network Market may be impacted by economic uncertainty, particularly if there is a downturn in the economy that leads to reduced investment in technology and infrastructure.
Overall, the Europe Private 5G Network Market faces significant threats from cybersecurity risks, regulatory challenges, competition from public networks, and economic uncertainty. Enterprises that deploy private 5G networks need to be aware of these threats and take steps to mitigate them in order to ensure the long-term success of their deployments.
Report Scope
Feature of the Report | Details |
Market Size in 2022 | USD 1,135.49 Million |
Projected Market Size in 2032 | USD 3,200.06 Million |
Market Size in 2023 | USD 1341.5 Million |
CAGR Growth Rate | 12.2% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Component, Type, End User, and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Category-Wise Insights
By Component:
Solutions: The solutions segment includes hardware and software solutions that are used to deploy private 5G networks. This includes equipment such as routers, gateways, and access points, as well as software such as network management software and security solutions. The solutions segment is expected to dominate the market, as enterprises invest in the hardware and software necessary to deploy their own private networks.
Services: The services segment includes consulting, implementation, and maintenance services that are used to support the deployment and operation of private 5G networks. This includes services such as network planning, installation, and ongoing support and maintenance. The services segment is expected to grow at a faster rate than the solutions segment, as enterprises seek expert assistance in deploying and managing their private networks.
By Type:
FDD: FDD is a wireless communication technology that uses separate frequency bands for uplink and downlink communications. FDD allows for high data rates and is well-suited for applications that require low latency and high reliability. FDD is expected to be widely used in private 5G network deployments, particularly in industrial and manufacturing settings where low latency and high reliability are critical.
TDD: TDD is a wireless communication technology that uses the same frequency band for uplink and downlink communications, but divides the time between the two directions. TDD is more flexible than FDD, as it allows for dynamic allocation of bandwidth between uplink and downlink communications. TDD is expected to be used in private 5G network deployments where flexibility and scalability are important.
By End-User:
Manufacturing: Manufacturing companies can use private 5G networks to improve operational efficiency, increase productivity, and enhance safety. Private 5G networks can be used to connect sensors and devices throughout the manufacturing facility, enabling real-time monitoring and control of production processes.
Energy & Utilities: Energy and utility companies can use private 5G networks to enable remote monitoring and control of critical infrastructure, such as power plants and transmission lines. Private 5G networks can also be used to connect sensors and devices in smart grid applications, enabling real-time monitoring and control of energy consumption.
Healthcare: Healthcare providers can use private 5G networks to improve patient care, enhance clinical workflows, and enable telemedicine applications. Private 5G networks can be used to connect medical devices and sensors, enabling real-time monitoring of patient health and enabling remote consultations.
Transportation: Transportation companies can use private 5G networks to enable autonomous vehicles, improve logistics and supply chain management, and enhance safety and security. Private 5G networks can be used to connect vehicles and sensors, enabling real-time monitoring and control of transportation systems.
Mining: Mining companies can use private 5G networks to improve safety and productivity in mining operations. Private 5G networks can be used to connect sensors and devices throughout the mine, enabling real-time monitoring and control of mining equipment and processes.
Others: The “Others” segment includes other industries that can benefit from private 5G networks, such as government, education, and entertainment.
Europe Private 5G Network Market – Regional Analysis
The Europe Private 5G Network Market can be analyzed regionally, with the key regions being Western Europe and Eastern Europe. Here’s a brief overview of each region:
- Western Europe: Western Europe is a major market for private 5G networks, with countries such as Germany, the UK, and France being key players in the region. Western Europe is home to several leading automotive manufacturers, which are expected to drive demand for private 5G networks in the region. Other key industries in the region include healthcare, energy and utilities, and transportation.
- Eastern Europe: Eastern Europe is also a growing market for private 5G networks, with countries such as Poland, Russia, and Ukraine being key players in the region. Eastern Europe is home to several leading manufacturing companies, which are expected to drive demand for private 5G networks in the region. Other key industries in the region include energy and utilities, transportation, and mining.
Overall, Europe is expected to be a significant market for private 5G networks in the coming years, with a wide range of industries and applications driving demand for these networks. The key factors driving growth in the region include increasing demand for high-speed and low-latency connectivity, growing adoption of IoT devices, and the need for secure and reliable communications.
Competitive Landscape – Europe Private 5G Network Market
The Europe Private 5G Network Market is highly competitive and is characterized by the presence of several large and small players. Some of the key players in the market include:
- Siemens: Siemens is a leading provider of automation solutions and is also active in the private 5G network market. The company offers a range of solutions and services for industries such as manufacturing, energy, and transportation. Siemens has a strong presence in Europe and is working closely with several leading European companies to develop private 5G networks.
- Nokia: Nokia is a leading player in the private 5G network market, offering a range of solutions and services for industries such as manufacturing, energy, and transportation. The company has a strong presence in Europe and is investing heavily in the development of 5G technologies.
- Ericsson: Ericsson is another major player in the private 5G network market, offering a range of solutions and services for industries such as healthcare, mining, and utilities. The company has a strong presence in Europe and is working closely with several leading European telecom operators to develop private 5G networks.
- Bosch: Bosch is a leading provider of industrial IoT solutions and is also active in the private 5G network market. The company offers a range of solutions and services for industries such as manufacturing, transportation, and energy. Bosch has a strong presence in Europe and is working closely with several leading European companies to develop private 5G networks.
Other key players in the Europe Private 5G Network Market include Cisco Systems, Inc., NEC Corporation, Verizon Communications Inc., and Vodafone Group Plc. These companies are investing heavily in the development of 5G technologies and are expected to play a significant role in the growth of the private 5G network market in Europe.
The Europe Private 5G Network Market is segmented as follows:
By Component
- Hardware
- Radio Access Network
- Core Network
- Backhaul & Transport Interconnecting
- Services
- Installation & Integration
- Data Services
- Support & Maintenance
By Frequency
- Sub-6 GHz
- mmWave
By Spectrum
- Licensed
- Unlicensed/Shared
By Vertical
- Manufacturing
- Food & Beverages
- Automotive
- Pharmaceuticals
- Electrical & Electronics
- Heavy Machinery
- Clothing & Accessories
- Others
- Energy & Utilities
- Transportation & Logistics
- Aerospace & Defense
- Government & Public Safety
- Corporates/Enterprises
- Mining
- Healthcare
- Oil & Gas
- Others
Based on Geography
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Europe Private 5G Network Market, (2024 – 2033) (USD Million)
- 2.2 Europe Private 5G Network Market : snapshot
- Chapter 3. Europe Private 5G Network Market – Industry Analysis
- 3.1 Europe Private 5G Network Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increasing adoption of Industry 4.0
- 3.2.2 Rise in the number of connected devices
- 3.2.3 Supportive regulatory environment.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Component
- 3.7.2 Market attractiveness analysis By Type
- 3.7.3 Market attractiveness analysis By End User
- Chapter 4. Europe Private 5G Network Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Europe Private 5G Network Market: company market share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Europe Private 5G Network Market – Component Analysis
- 5.1 Europe Private 5G Network Market overview: By Component
- 5.1.1 Europe Private 5G Network Market share, By Component, 2022 and – 2033
- 5.2 Solution
- 5.2.1 Europe Private 5G Network Market by Solution, 2024 – 2033 (USD Million)
- 5.3 Services
- 5.3.1 Europe Private 5G Network Market by Services, 2024 – 2033 (USD Million)
- 5.4 Professional Services
- 5.4.1 Europe Private 5G Network Market by Professional Services, 2024 – 2033 (USD Million)
- 5.5 Managed Services
- 5.5.1 Europe Private 5G Network Market by Managed Services, 2024 – 2033 (USD Million)
- 5.1 Europe Private 5G Network Market overview: By Component
- Chapter 6. Europe Private 5G Network Market – Type Analysis
- 6.1 Europe Private 5G Network Market overview: By Type
- 6.1.1 Europe Private 5G Network Market share, By Type, 2022 and – 2033
- 6.2 FDD
- 6.2.1 Europe Private 5G Network Market by FDD, 2024 – 2033 (USD Million)
- 6.3 TDD
- 6.3.1 Europe Private 5G Network Market by TDD, 2024 – 2033 (USD Million)
- 6.1 Europe Private 5G Network Market overview: By Type
- Chapter 7. Europe Private 5G Network Market – End User Analysis
- 7.1 Europe Private 5G Network Market overview: By End User
- 7.1.1 Europe Private 5G Network Market share, By End User, 2022 and – 2033
- 7.2 Manufacturing
- 7.2.1 Europe Private 5G Network Market by Manufacturing, 2024 – 2033 (USD Million)
- 7.3 Energy & Utilities
- 7.3.1 Europe Private 5G Network Market by Energy & Utilities, 2024 – 2033 (USD Million)
- 7.4 Healthcare
- 7.4.1 Europe Private 5G Network Market by Healthcare, 2024 – 2033 (USD Million)
- 7.5 Transportation
- 7.5.1 Europe Private 5G Network Market by Transportation, 2024 – 2033 (USD Million)
- 7.6 Mining
- 7.6.1 Europe Private 5G Network Market by Mining, 2024 – 2033 (USD Million)
- 7.7 Others
- 7.7.1 Europe Private 5G Network Market by Others, 2024 – 2033 (USD Million)
- 7.1 Europe Private 5G Network Market overview: By End User
- Chapter 8. Europe Private 5G Network Market – Regional Analysis
- 8.1 Europe Private 5G Network Market Regional Overview
- 8.2 Europe Private 5G Network Market Share, by Region, 2022 & – 2033 (USD Million)
- Chapter 9. Company Profiles
- 9.1 Siemens
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Nokia
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Ericsson
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Bosch
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Cisco Systems Inc
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 NEC Corporation
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Verizon Communications Inc
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Vodafone Group Plc
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Others.
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.1 Siemens
List Of Figures
Figures No 1 to 23
List Of Tables
Tables No 1 to 2
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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FAQs
The key factors driving the market are Increasing adoption of Industry 4.0, Rise in the number of connected devices and Supportive regulatory environment.
The key players operating in the Europe Private 5G Network market are Siemens, Nokia, Ericsson, Bosch, Cisco Systems Inc, NEC Corporation, Verizon Communications Inc, Vodafone Group Plc, Others.
The Europe Private 5G Network market is expanding growth with a CAGR of approximately 12.2% during the forecast period (2023 to 2032).
The Europe Private 5G Network market size was valued at USD 1,135.49 Million in 2022 and it is projected to reach around USD 3,200.06 Million by 2032.