Europe 5g New Radio Market Size & Outlook, 2023-2030
Europe 5g new radio market, 2019-2030 (US$M)
Related Markets
Europe 5g new radio market highlights
- The Europe 5g new radio market generated a revenue of USD 7,717.3 million in 2023.
- The market is expected to grow at a CAGR of 29.4% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating offering in 2023.
- Software is the most lucrative offering segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 7,717.3 million |
| Market revenue in 2030 | USD 46,989.8 million |
| Growth rate | 29.4% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2019 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Service |
| Key market players worldwide | Huawei Technologies, Qualcomm Inc, Telefonaktiebolaget L M Ericsson ADR, Samsung Electronics Co Ltd, Intel Corp, Cisco Systems Inc, Fujitsu Ltd, NEC Corp, Verizon Communications Inc, Keysight Technologies Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 18.3% of the global 5g new radio market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 103,054.7 million by 2030.
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5G New Radio Market Scope
5G New Radio Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 5g new radio market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 5g new radio market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 76.12% in 2023. Horizon Databook has segmented the Europe 5g new radio market based on hardware, software, service covering the revenue growth of each sub-segment from 2019 to 2030.
- Europe 5G New Radio Offering Outlook (Revenue, USD Million, 2019-2030)
- Hardware
- Base Stations
- Customer Premises Equipment (CPE)
- Radio Units
- Antennas
- Others
- Software
- Service
- Hardware
- Europe 5G New Radio Operating Frequency Outlook (Revenue, USD Million, 2019-2030)
- Sub-6 GHz
- mmWave
- Europe 5G New Radio Architecture Outlook (Revenue, USD Million, 2019-2030)
- Non-Standalone (NSA)
- Standalone (SA)
- Europe 5G New Radio Application Outlook (Revenue, USD Million, 2019-2030)
- enhanced Mobile Broadband (eMBB)
- Ultra-Reliable Low-Latency Communications (URLLC)
- massive Machine-Type Communications (mMTC)
- Europe 5G New Radio Industry Outlook (Revenue, USD Million, 2019-2030)
- Telecom & IT
- Manufacturing
- Automotive
- Healthcare
- Retail
- Others (Energy & Utilities, Agriculture)
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Target buyers of Europe 5g new radio market databook
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Our clientele includes a mix of 5g new radio market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe 5g new radio market , including forecasts for subscribers. This continent databook contains high-level insights into Europe 5g new radio market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Europe 5g new radio market size, by country, 2019-2030 (US$M)
Europe 5G New Radio Market Outlook Share, 2023 & 2030 (US$M)
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