DUBLIN--(BUSINESS WIRE)--The "Europe 5G Market (2018-2025)" report has been added to ResearchAndMarkets.com's offering.
The Europe 5G market is anticipated to expand at an overall compound annual growth rate (CAGR) of 141% and will be worth $47.63 billion by 2025.
A recent study conducted with support from the European Commission estimated that the total number of IoT connections across the EU could reach 6 billion by 2020, and will generate a total revenue of 1.2 trillion (including software, hardware, and services).
The Europe 5G market is classified into SIM cellular connections and SIM M2M cellular connections. This is further divided into data per user, and 5G data traffic for each category. In the Europe, SIM cellular connections hold 94% of the market share, whereas SIM M2M cellular connections are anticipated to exhibit a growth rate that is close to 200%.
For SIM cellular connections, 5G data usage per month per user is expected to be around 27.4GB by 2021 and we assumed that there would be stagnant usage. On the other hand, for SIM M2M cellular connections it is expected to be around 2.8GB by 2019 and is expected to grow at an increasing rate.
Based on region, the Europe 5G market is classified into EU 5G market and the rest of the Europe 5G market. The Europe region is expected to hold a significant market share because countries like the United Kingdom, and Italy are making efforts to test 5G networks in 2018 and launch 5G smartphones by next year.
Key Growth Factors
The major growth factors of the Europe 5G market are continuous evolution towards enhanced bandwidth, lower latency, enhanced security and openness of mobile networks.
Rapid Population Penetration: by 2020, there will be more than 450 million mobile subscribers in the Europe which will be 84% of total population.
Threats
A major challenge for European developers and internet companies is the lack of economies of scale in national markets in comparison to the U.S. or the emerging markets of Asia such as China and India
Key Players
- Deutsche Telekom
- Telefonica
- Vodafone
- Orange
- BT
Key Topics Covered
Chapter 1: Executive Summary
Chapter 2: Europe 5G Market
Chapter 3: Europe 5G Market - Sim Cellular Connections
Chapter 4: Europe 5G Market - Sim M2M Cellular Connections
Chapter 5: Europe 5G Market - Applications (Internet of Things, Robotics & Automation, Virtual Reality, Others)
Chapter 6: Europe 5G Market - by Countries
Chapter 7: 5G Europe Landscape - Company Overview
Chapter 8: 5G - The Road Ahead
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