The Europe Standalone 5G Network Market would witness market growth of 54.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Standalone 5G Network Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,352.9 million by 2031. The UK market is exhibiting a CAGR of 53.5% during (2024 - 2031). Additionally, The France market would experience a CAGR of 56% during (2024 - 2031).
Cloud-native architecture also supports advanced features like automation, orchestration, and network slicing, which are crucial for emerging technologies and diverse applications. For instance, edge computing paired with SA 5G reduces latency for applications like augmented reality (AR), virtual reality (VR), and connected vehicles. Tesla and BMW are exploring cloud-native 5G to improve navigation and safety in autonomous vehicles, while SK Telecom in South Korea uses network slicing for gaming and enterprise applications.
Moreover, cloud-native SA 5G networks also contribute to sustainability by optimizing energy consumption and helping European telecom operators meet environmental targets. With its ability to drive innovation, adapt to diverse needs, and support sustainability, cloud-native SA 5G is shaping the future of connectivity across industries.
Europe’s standalone 5G network market is an intricate tapestry of innovation, collaboration, and ambition. From Germany’s smart grids reshaping energy management to the UK’s hospitals embracing 5G precision and France’s urban hubs evolving into smart cities, the region showcases the boundless potential of this technology. Supported by the European Union’s "Digital Europe Programme" and "Connecting Europe Facility," countries are pooling resources and knowledge to accelerate 5G adoption across industries. Europe isn’t just adopting standalone 5G—it’s cultivating a continent-wide ecosystem where technology meets human ingenuity, crafting a future where connectivity transcends limitations and transforms lives.
Free Valuable Insights: The Global Standalone 5G Network Market will Hit USD 50.4 Billion by 2031, at a CAGR of 55.2%
Based on Spectrum, the market is segmented into Sub-6 GHz and mmWave. Based on Network, the market is segmented into Public and Private. Based on Component, the market is segmented into Solutions (5G Radio Access Network (RAN), 5G Core Network, and Other Solutions Type) and Services. Based on Vertical, the market is segmented into Manufacturing, Enterprise/Corporate, Automotive & Transportation, Energy & Utilities, Healthcare/Hospitals , Smart Cities, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Spectrum
By Network
By Component
By Vertical
By Country
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