This document summarises key findings of the SNS ICE consortium emerging from the analysis carried out in project deliverable D3,2, “Initial Trends Analysis in Vertical Sectors – Rel. 1” and the co-creation event “5G for Verticals: From Large Scale Trials to Adoption, Driving Economic Value in Europe” convened as part of 5G Techritory, in Riga on October 19, 2023. These are complemented by a selection of key sources featured in the document’s footnotes.