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    Europe 5G Industrial IoT Market

    ID: MRFR/ICT/56743-HCR
    200 Pages
    Aarti Dhapte
    September 2025

    Europe 5G Industrial IoT Market Research Report By Component (Hardware, Solution, Service), By Organization Size (Large Enterprise, Small & Medium Enterprise), By Application (Predictive Maintenance, Business Process Optimization, Asset Tracking & Management, Logistics & Supply Chain Management, Real-time Workforce Tracking & Management, Automation Control & Management, Emergency) and By Regional (Germany, UK, France, Russia, Italy, Spain, Rest of Europe)-Forecast to 2035

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    Europe 5G Industrial IoT Market Summary

    The Europe 5G Industrial IoT market is projected to grow from 95.4 USD Billion in 2024 to 160.1 USD Billion by 2035, indicating a robust expansion trajectory.

    Key Market Trends & Highlights

    Europe 5G Industrial IoT Key Trends and Highlights

    • The market valuation is expected to reach 160.1 USD Billion by the year 2035.
    • From 2025 to 2035, the market is anticipated to grow at a compound annual growth rate of 4.82 percent.
    • In 2024, the market is valued at 95.4 USD Billion, reflecting a strong foundation for future growth.
    • Growing adoption of 5G technology due to increased demand for connectivity is a major market driver.

    Market Size & Forecast

    2024 Market Size 95.4 (USD Billion)
    2035 Market Size 160.1 (USD Billion)
    CAGR (2025-2035) 4.82%

    Major Players

    BT Group, Bosch, Orange, SAP, Nokia, Deutsche Telekom, Vodafone, Cisco Systems, Ericsson, IBM, Microsoft, Siemens

    Europe 5G Industrial IoT Market Trends

    Driven by the pressing demand for improved connection and automation in several industries like manufacturing, transportation, and healthcare, the Europe 5G Industrial IoT market is witnessing notable expansion. As part of their national objectives to boost digital economies, governments all throughout Europe are aggressively supporting 5G infrastructure building.

    Projects such as the European Commission's Digital Strategy indicate a great will to improve 5G networks, therefore creating conditions where creative IoT solutions may flourish. Furthermore, motivating sectors to use 5G technologies, which offer more data capacity and reduced latency, is the growing need for real-time data processing and enhanced operational efficiency.

    This development emphasizes the crucial need for safeguarding IoT devices within a 5G environment, along with growing expenditures in cybersecurity to safeguard industrial networks.

    The convergence of European regulatory systems will also be especially important in facilitating the expansion and implementation of 5G Industrial IoT solutions, hence optimizing their effect across many sectors as companies migrate towards digitalization.

    Market Segment Insights

    Europe 5G Industrial IoT Market Segment Insights

    Europe 5G Industrial IoT Market Segment Insights

    5G Industrial IoT Market Component Insights

    5G Industrial IoT Market Component Insights

    The Component segment of the Europe 5G Industrial IoT Market showcases a dynamic landscape that is fundamental to the overall growth and functionality of the industry. This segment is primarily divided into three key categories: Hardware, Solution, and Service. Each of these categories plays a critical role in harnessing the full potential of 5G technology within the Industrial Internet of Things.

    Hardware remains a significant player as it encompasses essential devices and equipment required for connectivity and operation, thus acting as the backbone of various applications.

    The advancement in sensor technologies and edge computing is particularly noteworthy, driving the demand for sophisticated hardware components that can efficiently process data in real-time, thereby enhancing operational efficiency across various industries in Europe.

    Moving to the Solution aspect, this component is essential for integrating various functionalities and features by leveraging the capabilities of 5G. Solutions enable seamless communication, data transfer, and analytics, providing businesses with actionable insights that foster improved decision-making processes.

    Furthermore, as European industries increasingly adopt smart manufacturing practices, the demand for tailored solutions that address specific challenges such as supply chain optimization and predictive maintenance continues to grow.

    This trend reflects a shift towards more interconnected environments where systems can communicate autonomously, resulting in enhanced productivity and reduced costs.Finally, the Service component plays a vital role in this ecosystem, highlighting the ongoing need for maintenance, support, and strategic guidance in deploying 5G Industrial IoT technologies.

    As businesses transition to 5G-enabled operations, the demand for skilled services providers becomes paramount to mitigate risks associated with technology adoption and to ensure seamless integration with existing infrastructures. Furthermore, with an increase in cybersecurity threats, the importance of robust security services cannot be ignored, as it protects sensitive data and maintains operational integrity.

    Overall, the Component segment of the Europe 5G Industrial IoT Market embodies a critical interplay of hardware, solutions, and services that drives innovation and efficiency in various sectors, positioning Europe as a significant player in the global technology landscape.

    5G Industrial IoT Market Organization Size Insights

    5G Industrial IoT Market Organization Size Insights

    The Organization Size segment of the Europe 5G Industrial IoT Market plays a critical role in shaping the industry's growth trajectory. This segment is divided into Large Enterprises and Small and Medium Enterprises (SMEs), with each contributing significantly to the overall market dynamics.

    Large Enterprises often leverage advanced technologies and robust infrastructure, allowing them to adopt 5G Industrial IoT solutions for greater operational efficiency and productivity gains.

    They benefit from economies of scale, enabling them to implement extensive applications across various sectors such as manufacturing, logistics, and healthcare.In contrast, Small and Medium Enterprises are increasingly recognizing the advantages of 5G technology to enhance their competitiveness and innovation. With more tailored solutions available, SMEs can harness 5G to optimize operations, improve customer experiences, and reduce costs.

    The demand for 5G Industrial IoT solutions is expected to grow as the European Union continues to promote digital transformation and smart industry initiatives, presenting opportunities for both organizational sizes to innovate and expand.

    5G Industrial IoT Market Application Insights

    5G Industrial IoT Market Application Insights

    The Application segment of the Europe 5G Industrial IoT Market has seen diverse growth driven by several innovative use cases. Predictive Maintenance is increasingly essential for industries as it facilitates timely interventions, reducing downtime and operational costs significantly. Business Process Optimization leverages 5G connectivity to streamline operations, enhancing efficiency across various sectors.

    Asset Tracking and Management systems allow real-time monitoring of resources, ensuring better utilization and management that is crucial in logistics and supply chain operations.

    Logistics and Supply Chain Management benefits from improved communication and real-time data sharing, fostering agility in unpredictable market conditions. Real-time Workforce Tracking and Management enhance workforce productivity by providing precise location and task information, which is vital for operational effectiveness. Automation Control and Management are becoming indispensable, driving the future of manufacturing and industrial processes.

    Moreover, the Emergency application ensures rapid response and coordination in crisis situations.The rising demand across these applications reflects the transformative potential of the Europe 5G Industrial IoT Market, which is reshaping operational dynamics by integrating advanced technologies into established processes, paving the way for more competitive and efficient industries.

    Get more detailed insights about Europe 5G Industrial IoT Market Research Report-Forecast to 2035

    Regional Insights

    The Europe 5G Industrial IoT Market is witnessing significant growth driven by advancements in technology and increasing demand for digital transformation across various sectors. Germany stands out as a leader in this market, primarily due to its robust manufacturing sector and strong emphasis on Industry 4.0 initiatives, making it crucial for the adoption of 5G technology.

    The UK is also a major player, leveraging its extensive telecommunications infrastructure and government investments to enhance connectivity and foster innovation in smart cities and industry modernization.

    France follows closely, with initiatives aimed at integrating 5G solutions across transportation and energy sectors, propelling its market forward. Russia is focusing on developing its industrial capabilities and smart infrastructure, positioning itself as a competitive market in the region.

    Italy's growth is attributed to its strong emphasis on automating its manufacturing industry, while Spain is investing heavily in telecommunications to improve connectivity in urban areas.

    The rest of Europe benefits from diverse initiatives tailored to national needs, creating a vibrant landscape for the 5G Industrial IoT Market.Overall, these regional dynamics reflect a collective push towards a connected industrial ecosystem, driven by government support and technological advancements.

    Europe 5G Industrial IoT Market Region

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The Europe 5G Industrial IoT Market is witnessing a significant transformation driven by advancements in connectivity technologies and the increasing demand for enhanced automation and efficiency across various industries. As companies strive to leverage the potential of 5G, the competitive landscape is becoming increasingly dynamic, with numerous key players vying for market share.

    The integration of 5G technology into industrial IoT applications promises to revolutionize areas such as manufacturing, logistics, and smart transportation by offering ultra-low latency, high reliability, and massive connectivity.

    The interplay of these factors is fostering a robust environment for innovation and investment in the region, leading to a rapidly evolving market characterized by strategic partnerships, technological collaborations, and a focus on addressing the specific needs of different industrial sectors.

    In this vibrant landscape, BT Group stands out as a prominent player in the Europe 5G Industrial IoT Market. With a strong commitment to innovation and a well-established infrastructure, BT Group leverages its extensive network capabilities to provide tailored 5G solutions for a diverse range of industrial applications. The company exemplifies strength through its robust partnerships with technology providers and its strategic investments in IoT platforms, ensuring that it remains at the forefront of 5G deployment.

    BT Group's focus on industry-specific needs allows it to cater to sectors such as healthcare, smart cities, and manufacturing, showcasing its ability to adapt and respond effectively to the evolving demands of the market. The company's emphasis on enhancing operational efficiency and reliability for industrial clients further solidifies its market presence in the European landscape.Bosch, another significant entity in the Europe 5G Industrial IoT Market, brings extensive expertise in developing innovative solutions that harness the power of connected devices.

    The company's strong market presence is complimented by its focus on key products and services designed to integrate seamlessly with 5G networks. Bosch has been active in expanding its portfolio by acquiring several companies and forming strategic alliances that enhance its capabilities within the industrial IoT space. Its strengths lie in its comprehensive offerings, which include advanced sensors, automation systems, and data analytics, designed specifically to improve operational efficiency and sustainability.

    The company consistently prioritizes research and development to stay ahead in the competitive landscape, demonstrating a commitment to crafting solutions that address the unique challenges faced by industries throughout Europe. By leveraging its technological advancements and market insights, Bosch continues to position itself as a leader in the integration of industrial IoT and 5G technologies across various sectors.

    Key Companies in the Europe 5G Industrial IoT Market market include

    Industry Developments

    The Europe 5G Industrial IoT Market has witnessed notable developments recently. In September 2023, BT Group and Nokia collaborated to enhance 5G network deployment in various industrial sectors, driving operational efficiencies. Siemens announced advancements in its industrial IoT portfolio, focusing on smart factories, further strengthening its market position.

    Meanwhile, Deutsche Telekom invested significantly in expanding its 5G network across Europe, marking a key milestone in advancing connectivity for industrial applications. A noteworthy merger occurred between Ericsson and a European software firm in October 2023, enhancing Ericsson's capabilities in providing comprehensive IoT solutions.

    Market valuations for companies like Cisco Systems have surged, influenced by increased demand for seamless connectivity in various sectors, including manufacturing and logistics.

    In the past two to three years, significant enhancements in network infrastructures and strategic partnerships have propelled the growth of the 5G Industrial IoT market in Europe, positioning it as a leader in digital transformation and technological advancement.

    Market Segmentation

    Outlook

    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Spain
    • Rest of Europe

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 91.28(USD Billion)
    MARKET SIZE 2024 95.38(USD Billion)
    MARKET SIZE 2035 160.08(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 4.82% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED BT Group, Bosch, Orange, GE, SAP, Nokia, Deutsche Telekom, Vodafone, Cisco Systems, Ericsson, IBM, Microsoft, Huawei, Siemens
    SEGMENTS COVERED Component, Organization Size, Application, Regional
    KEY MARKET OPPORTUNITIES Smart manufacturing automation solutions, Enhanced remote monitoring capabilities, Predictive maintenance systems development, Connected logistics and supply chain, Advanced edge computing applications
    KEY MARKET DYNAMICS increased connectivity demands, enhanced automation needs, government support initiatives, industry 4.0 adoption, security and privacy concerns
    COUNTRIES COVERED Germany, UK, France, Russia, Italy, Spain, Rest of Europe

    FAQs

    What is the expected market size of the Europe 5G Industrial IoT Market in 2024?

    The Europe 5G Industrial IoT Market is expected to be valued at 95.38 billion USD in 2024.

    What will the market size grow to by 2035?

    By 2035, the market size is projected to reach 160.08 billion USD.

    What is the expected CAGR for the Europe 5G Industrial IoT Market from 2025 to 2035?

    The expected CAGR for the market from 2025 to 2035 is 4.82 percent.

    Which region is projected to have the largest market share in 2024?

    Germany is projected to have the largest market share, valued at approximately 25.435 billion USD in 2024.

    What will be the market size for the UK in 2035?

    The UK market size is expected to reach about 38.419 billion USD by 2035.

    Who are the key players in the Europe 5G Industrial IoT Market?

    Major players in the market include BT Group, Bosch, Orange, and Nokia.

    What is the expected market size for hardware in 2024?

    The market size for hardware in the Europe 5G Industrial IoT Market is expected to be valued at 40.0 billion USD in 2024.

    How much is the services segment projected to be valued in 2035?

    The services segment is projected to be valued at 40.83 billion USD by 2035.

    What are the growth drivers for the Europe 5G Industrial IoT Market?

    Growth drivers include increasing connectivity demands and advancements in automation technologies.

    What challenges are faced by the Europe 5G Industrial IoT Market?

    Challenges include high implementation costs and the need for robust cybersecurity measures.

    Report Infographic
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