European 5G IoT Market 2026-2035

Description

List of Tables

European 5G IoT Market Size, Share & Trends Analysis Report by Components (Hardware, Platform, Connectivity, and Services), by Network (5G Standalone, and 5G Non-Standalone), and by End-User Industry (BFSI, Manufacturing, Healthcare, Energy and Utilities, Automotive and Transportation, Government and Defense, Residential, and Others), Forecast Period (2026-2035)

Industry Overview

European 5G IoT market was valued at $1,760.5 million in 2025 and is projected to reach $43,207.8 million by 2035, growing at a CAGR of 30.5% during the forecast period (2026-2035). The growth of Europe's 5G IoT market is supported by technological innovation, regulatory alignment, and widespread digital transformation. Deutsche Telekom AG has been at the forefront of deploying 5G IoT connectivity for smart manufacturing and energy solutions. The European Union's funding programs for digital infrastructure are further stimulating private sector participation. Orange S.A. is expanding enterprise IoT services that combine AI analytics and 5G networks for improved industrial performance. These developments are creating a highly interconnected business environment. As demand for automation and sustainable operations grows, Europe continues to strengthen its leadership in next-generation IoT applications.

Market Dynamics

Increasing Integration of 5G IoT in Smart Infrastructure

The European 5G IoT market is expanding rapidly as governments and enterprises invest in intelligent infrastructure. Ericsson AB has deployed 5G-based IoT networks across several European cities, improving connectivity for transportation and public safety systems. Vodafone Group Plc is enhancing smart grid and mobility applications through its dedicated IoT platform, enabling real-time energy and traffic management. These initiatives are driving higher operational efficiency and sustainability. Strategic partnerships between telecom operators and technology providers are reinforcing large-scale digital adoption. As cities continue to modernize, the integration of 5G IoT has become a cornerstone of Europe's connected future.

Growing Adoption of Edge and Cloud-Based 5G Solutions

Edge computing and 5G IoT convergence are transforming industrial and enterprise operations across Europe. Nokia Corporation has introduced edge-enabled private 5G networks that support low-latency applications in logistics and healthcare. Atos SE is leveraging its cloud infrastructure to deliver secure data management for IoT ecosystems. These technologies are allowing European industries to process critical information closer to the source, improving speed and reliability. Integration of cloud intelligence with 5G connectivity is also strengthening cybersecurity frameworks. The trend reflects Europe's commitment to developing a robust and adaptive digital economy.

Market Segmentation

Based on the components, the market is segmented into hardware, platform, connectivity, and services.
Based on the network, the market is segmented into 5G standalone and 5G non-standalone.
Based on the end-user industry, the market is segmented into BFSI, manufacturing, healthcare, energy and utilities, automotive and transportation, government and defense, residential, and others.

Non-Standalone (NSA) Networks Segment to Lead the Market with the Largest Share

The prevalence of 5G Non-Standalone (NSA) networks is accelerating early-stage IoT deployment across the continent. Vodafone Group Plc is using NSA infrastructure to expand connected vehicle and industrial automation services in major European economies. BT Group plc has adopted similar strategies to enhance enterprise IoT connectivity while maintaining backward compatibility with existing LTE systems. This approach allows for faster rollouts and cost-effective implementation. Businesses benefit from enhanced reliability without waiting for complete standalone networks. The model continues to support large-scale IoT integration, paving the way for advanced digital applications in multiple sectors.

Manufacturing: A Key Segment in Market Growth

Manufacturing has emerged as a vital contributor to Europe's 5G IoT market expansion. Siemens AG is pioneering industrial 5G solutions that facilitate automation, predictive maintenance, and machine-to-machine communication in production environments. Bosch.IO GmbH is integrating IoT software with 5G connectivity to optimize factory operations and supply chain visibility. These advancements are enabling manufacturers to improve efficiency, reduce downtime, and enhance production precision. Collaboration between telecom operators and industrial players is accelerating innovation in digital manufacturing. As smart factories become more prevalent, the manufacturing sector is expected to lead Europe's 5G IoT adoption trajectory.

Regional Outlook

European 5G IoT market is further divided by countries, including the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe.

Germany Dominates the Market with Major Share

The 5G IoT market in Germany is expanding steadily, supported by strong industrial digitization and advanced network deployment. Siemens AG has introduced industrial 5G solutions that enable precise automation and seamless communication between production systems in smart factories. Deutsche Telekom AG is extending its 5G IoT connectivity to enhance applications in logistics, mobility, and energy management. These developments are creating a foundation for data-driven manufacturing and real-time process control. Collaboration between technology firms and telecom providers is accelerating innovation in connected infrastructure. As a result, Germany is emerging as a central hub for industrial 5G IoT adoption in Europe.

Market Players Outlook

The major companies operating in the European 5G IoT market include Deutsche Telekom AG, Ericsson AB, Nokia Corporation, Siemens AG, Vodafone Group Plc, among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.

Recent Development

In June 2025, Ericsson and e& UAE, the flagship telecommunications arm of e&, have signed a three-year agreement to expand and evolve e& UAE's 5G Radio Access Network (RAN). As part of the deal, Ericsson will provide its latest radio technology and state-of-the-art Ericsson Radio System portfolio to boost network capacity, extend 5G coverage, and introduce 5G Advanced. In parallel, e& UAE will modernize parts of its existing radio network to enhance energy efficiency, in line with its sustainability strategy, net-zero commitment, and the UAE's Green Agenda 2030.

The Report Covers:

Market value data analysis of 2025 and forecast to 2035.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the European 5G IoT market. Based on the availability of data, information related to new products and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.

Product Code: OMR2023745

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
European 5G IoT Market Sales Analysis - Component | Network | End-User Industry | ($ Million)
European 5G IoT Market Sales Performance of Top Countries
1.1. Research Methodology
Primary Research Approach
Secondary Research Approach
1.2. Market Snapshot

2. Market Overview and Insights

2.1. Scope of the Study
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key European 5G IoT Industry Trends
- 2.2.2. Market Recommendations

3. Market Determinants

3.1. Market Drivers
- 3.1.1. Drivers For European 5G IoT Market: Impact Analysis
3.2. Market Pain Points and Challenges
- 3.2.1. Restraints For European 5G IoT Market: Impact Analysis
3.3. Market Opportunities

4. Competitive Landscape

4.1. Competitive Dashboard - European 5G IoT Market Revenue and Share by Manufacturers
5G IoT Product Comparison Analysis
Top Market Player Ranking Matrix
4.2. Key Company Analysis
- 4.2.1. Deutsche Telekom AG
  - 4.2.1.1. Overview
  - 4.2.1.2. Product Portfolio
  - 4.2.1.3. Financial Analysis
  - 4.2.1.4. SWOT Analysis
  - 4.2.1.5. Business Strategy
- 4.2.2. Ericsson AB
  - 4.2.2.1. Overview
  - 4.2.2.2. Product Portfolio
  - 4.2.2.3. Financial Analysis
  - 4.2.2.4. SWOT Analysis
  - 4.2.2.5. Business Strategy
- 4.2.3. Nokia Corporation
  - 4.2.3.1. Overview
  - 4.2.3.2. Product Portfolio
  - 4.2.3.3. Financial Analysis
  - 4.2.3.4. SWOT Analysis
  - 4.2.3.5. Business Strategy
- 4.2.4. Siemens AG
  - 4.2.4.1. Overview
  - 4.2.4.2. Product Portfolio
  - 4.2.4.3. Financial Analysis
  - 4.2.4.4. SWOT Analysis
  - 4.2.4.5. Business Strategy
- 4.2.5. Vodafone Group Plc
  - 4.2.5.1. Overview
  - 4.2.5.2. Product Portfolio
  - 4.2.5.3. Financial Analysis
  - 4.2.5.4. SWOT Analysis
  - 4.2.5.5. Business Strategy
4.3. Top Winning Strategies by Market Players
- 4.3.1. Merger and Acquisition
- 4.3.2. Product Launch
- 4.3.3. Partnership And Collaboration

5. European 5G IoT Market Sales Analysis by Component ($ Million)

5.1. Hardware
5.2. Platform
5.3. Connectivity
5.4. Services
- 5.4.1. Professional Services
- 5.4.2. Managed Services

6. European 5G IoT Market Sales Analysis by Network ($ Million)

6.1. 5G Standalone
6.2. 5G Non-Standalone

7. European 5G IoT Market Sales Analysis by End-User ($ Million)

7.1. BFSI
7.2. Manufacturing
7.3. Healthcare
7.4. Energy and Utilities
7.5. Automotive and Transportation
7.6. Government and Defense
7.7. Residential
7.8. Others End-User (Smart Building, Agriculture, and Education)

8. Regional Analysis

8.1. European 5G IoT Market Sales Analysis - Ingredients | Application | Country ($ Million)
Macroeconomic Factors for Europe
- 8.1.1. UK
- 8.1.2. Germany
- 8.1.3. Italy
- 8.1.4. Spain
- 8.1.5. France
- 8.1.6. Russia
- 8.1.7. Rest of Europe

9. Company Profiles

9.1. ABB Ltd.
- 9.1.1. Quick Facts
- 9.1.2. Company Overview
- 9.1.3. Product Portfolio
- 9.1.4. Business Strategies
9.2. Altice Europe N.V.
- 9.2.1. Quick Facts
- 9.2.2. Company Overview
- 9.2.3. Product Portfolio
- 9.2.4. Business Strategies
9.3. Atos SE
- 9.3.1. Quick Facts
- 9.3.2. Company Overview
- 9.3.3. Product Portfolio
- 9.3.4. Business Strategies
9.4. Bosch.IO GmbH
- 9.4.1. Quick Facts
- 9.4.2. Company Overview
- 9.4.3. Product Portfolio
- 9.4.4. Business Strategies
9.5. BT Group plc
- 9.5.1. Quick Facts
- 9.5.2. Company Overview
- 9.5.3. Product Portfolio
- 9.5.4. Business Strategies
9.6. Capgemini SE
- 9.6.1. Quick Facts
- 9.6.2. Company Overview
- 9.6.3. Product Portfolio
- 9.6.4. Business Strategies
9.7. Dassault Systemes SE
- 9.7.1. Quick Facts
- 9.7.2. Company Overview
- 9.7.3. Product Portfolio
- 9.7.4. Business Strategies
9.8. Deutsche Telekom AG
- 9.8.1. Quick Facts
- 9.8.2. Company Overview
- 9.8.3. Product Portfolio
- 9.8.4. Business Strategies
9.9. Ericsson AB
- 9.9.1. Quick Facts
- 9.9.2. Company Overview
- 9.9.3. Product Portfolio
- 9.9.4. Business Strategies
9.10. Infineon Technologies AG
- 9.10.1. Quick Facts
- 9.10.2. Company Overview
- 9.10.3. Product Portfolio
- 9.10.4. Business Strategies
9.11. Nokia Corporation
- 9.11.1. Quick Facts
- 9.11.2. Company Overview
- 9.11.3. Product Portfolio
- 9.11.4. Business Strategies
9.12. Orange S.A.
- 9.12.1. Quick Facts
- 9.12.2. Company Overview
- 9.12.3. Product Portfolio
- 9.12.4. Business Strategies
9.13. Schneider Electric SE
- 9.13.1. Quick Facts
- 9.13.2. Company Overview
- 9.13.3. Product Portfolio
- 9.13.4. Business Strategies
9.14. Siemens AG
- 9.14.1. Quick Facts
- 9.14.2. Company Overview
- 9.14.3. Product Portfolio
- 9.14.4. Business Strategies
9.15. STMicroelectronics N.V..
- 9.15.1. Quick Facts
- 9.15.2. Company Overview
- 9.15.3. Product Portfolio
- 9.15.4. Business Strategies
9.16. Telefonica S.A.
- 9.16.1. Quick Facts
- 9.16.2. Company Overview
- 9.16.3. Product Portfolio
- 9.16.4. Business Strategies
9.17. Telia Company AB
- 9.17.1. Quick Facts
- 9.17.2. Company Overview
- 9.17.3. Product Portfolio
- 9.17.4. Business Strategies
9.18. Thales Group
- 9.18.1. Quick Facts
- 9.18.2. Company Overview
- 9.18.3. Product Portfolio
- 9.18.4. Business Strategies
9.19. Vodafone Group Plc
- 9.19.1. Quick Facts
- 9.19.2. Company Overview
- 9.19.3. Product Portfolio
- 9.19.4. Business Strategies
9.20. Vodafone Idea Europe B.V.
- 9.20.1. Quick Facts
- 9.20.2. Company Overview
- 9.20.3. Product Portfolio
- 9.20.4. Business Strategies