5G in IoT market in Europe is expected to grow from US$ 322.4 Mn in 2019 to US$ 1,679.8 Mn by the year 2027. This represents a CAGR of 22.9% from the year 2019 to 2027.
The Business Market Insights provides you regional research analysis on “Europe 5G in IoT Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Europe 5G in IoT Market during the forecast period, i.e., 2020–2027.
The idea of IoT has gained traction over the past few years. Several companies and industries are focused on technology to maximally leverage the IoT as well as on regulatory protocols to promote uniformity and standardization. The IoT is assisting in optimizing process efficiencies across various industries, such as manufacturing, and transportation and logistics. Various economic, technological, and behavioral changes are empowering the growth and adoption of IoT worldwide. Due to the robust growth of IoT across the region, the number of connected devices is also increasing all over the world. According to the European Telecommunications Standards Institute, a nonprofit organization based in Europe, the number of connected devices in the IoT is projected to be outstripping the world population, and it is expected to exceed US$ 20 Bn by 2020.
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The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Europe 5G in IoT Market. The researcher provides an extensive analysis of the Europe 5G in IoT Market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.
EUROPE 5G IN IOT MARKET – MARKET SEGMENTATION
Europe 5G in IoT Market by Radio Technology
- 5G NR Standalone Architecture
- 5G NR Non-Standalone Architecture
Europe 5G in IoT Market by Device Range
- Short Range IoT Devices
- Wide Range IoT Devices
Europe 5G in IoT Market by End-User Industry
- Energy and Utilities
- Transportation and Logistics
Europe 5G in IoT Market by Country
- Rest of Europe
Europe 5G in IoT market: Companies Mentioned
- AT&T Inc.
- BT Group Plc
- Huawei Technologies Co., Ltd
- Nokia Corporation
- Qualcomm Corporation
- Singapore Telecommunications Limited (Singtel)
- Telefonaktiebolaget LM Ericsson
- Telefónica S.A.
- Telstra Corporation Limited
- Vodafone Group PLC
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Europe 5G in IoT Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Europe 5G in IoT Market segments and regions.
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The research on the Europe 5G in IoT Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Europe 5G in IoT Market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Europe 5G in IoT Market.
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