The global 5G Services market size was valued at US$ 6525.9 million in 2023. With growing demand in downstream market, the 5G Services is forecast to a readjusted size of US$ 43270 million by 2030 with a CAGR of 31.0% during review period.
The research report highlights the growth potential of the global 5G Services market. 5G Services are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of 5G Services. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the 5G Services market.
5G is the 5th generation mobile network. It is a new global wireless standard after 1G, 2G, 3G, and 4G networks. 5G enables a new kind of network that is designed to connect virtually everyone and everything together including machines, objects, and devices. 5G wireless technology is meant to deliver higher multi-Gbps peak data speeds, ultra low latency, more reliability, massive network capacity, increased availability, and a more uniform user experience to more users. Higher performance and improved efficiency empower new user experiences and connects new industries. 5G is a unified, more capable air interface. It has been designed with an extended capacity to enable next-generation user experiences, empower new deployment models and deliver new services. With high speeds, superior reliability and negligible latency, 5G will expand the mobile ecosystem into new realms. 5G will impact every industry, making safer transportation, remote healthcare, precision agriculture, digitized logistics — and more — a reality.
Ericsson and Huawei are the top 2 companies in global 5G services market and account for about 20% of total market share. Geographically speaking, Europe holds about 40% of global market share, followed by North America with about 30% share. In terms of type, eMBB (Enhance Mobile Broadband) segment holds an main share of about 40%. In terms of application, manufacturing segment account for over 30% of the global share.
Key Features:
The report on 5G Services market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the 5G Services market. It may include historical data, market segmentation by Type (e.g., eMBB (Enhance Mobile Broadband), uRLLC (Ultra Reliable Low Latency Communications)), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the 5G Services market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the 5G Services market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the 5G Services industry. This include advancements in 5G Services technology, 5G Services new entrants, 5G Services new investment, and other innovations that are shaping the future of 5G Services.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the 5G Services market. It includes factors influencing customer ' purchasing decisions, preferences for 5G Services product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the 5G Services market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting 5G Services market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the 5G Services market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the 5G Services industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the 5G Services market.
Market Segmentation:
5G Services market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
eMBB (Enhance Mobile Broadband)
uRLLC (Ultra Reliable Low Latency Communications)
mMTC (Massive Machine Type Communications)
Segmentation by application
Telecom
Media & Entertainment
Manufacturing
Transportation
Retail and Logistics
Healthcare
Public Services
BFSI
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ericsson
Huawei
Nokia
Samsung
ZTE
China Mobile
China Telecom
China Unicom
Verizon
AT&T
Deutsche Telekom AG
Vodafone Group
SK Telecom
NTT
KT Corporation
NEC
Fujitsu
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global 5G Services Market Size 2019-2030
2.1.2 5G Services Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 5G Services Segment by Type
2.2.1 eMBB (Enhance Mobile Broadband)
2.2.2 uRLLC (Ultra Reliable Low Latency Communications)
2.2.3 mMTC (Massive Machine Type Communications)
2.3 5G Services Market Size by Type
2.3.1 5G Services Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global 5G Services Market Size Market Share by Type (2019-2024)
2.4 5G Services Segment by Application
2.4.1 Telecom
2.4.2 Media & Entertainment
2.4.3 Manufacturing
2.4.4 Transportation
2.4.5 Retail and Logistics
2.4.6 Healthcare
2.4.7 Public Services
2.4.8 BFSI
2.4.9 Others
2.5 5G Services Market Size by Application
2.5.1 5G Services Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global 5G Services Market Size Market Share by Application (2019-2024)
3 5G Services Market Size by Player
3.1 5G Services Market Size Market Share by Players
3.1.1 Global 5G Services Revenue by Players (2019-2024)
3.1.2 Global 5G Services Revenue Market Share by Players (2019-2024)
3.2 Global 5G Services Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 5G Services by Regions
4.1 5G Services Market Size by Regions (2019-2024)
4.2 Americas 5G Services Market Size Growth (2019-2024)
4.3 APAC 5G Services Market Size Growth (2019-2024)
4.4 Europe 5G Services Market Size Growth (2019-2024)
4.5 Middle East & Africa 5G Services Market Size Growth (2019-2024)
5 Americas
5.1 Americas 5G Services Market Size by Country (2019-2024)
5.2 Americas 5G Services Market Size by Type (2019-2024)
5.3 Americas 5G Services Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC 5G Services Market Size by Region (2019-2024)
6.2 APAC 5G Services Market Size by Type (2019-2024)
6.3 APAC 5G Services Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe 5G Services by Country (2019-2024)
7.2 Europe 5G Services Market Size by Type (2019-2024)
7.3 Europe 5G Services Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa 5G Services by Region (2019-2024)
8.2 Middle East & Africa 5G Services Market Size by Type (2019-2024)
8.3 Middle East & Africa 5G Services Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global 5G Services Market Forecast
10.1 Global 5G Services Forecast by Regions (2025-2030)
10.1.1 Global 5G Services Forecast by Regions (2025-2030)
10.1.2 Americas 5G Services Forecast
10.1.3 APAC 5G Services Forecast
10.1.4 Europe 5G Services Forecast
10.1.5 Middle East & Africa 5G Services Forecast
10.2 Americas 5G Services Forecast by Country (2025-2030)
10.2.1 United States 5G Services Market Forecast
10.2.2 Canada 5G Services Market Forecast
10.2.3 Mexico 5G Services Market Forecast
10.2.4 Brazil 5G Services Market Forecast
10.3 APAC 5G Services Forecast by Region (2025-2030)
10.3.1 China 5G Services Market Forecast
10.3.2 Japan 5G Services Market Forecast
10.3.3 Korea 5G Services Market Forecast
10.3.4 Southeast Asia 5G Services Market Forecast
10.3.5 India 5G Services Market Forecast
10.3.6 Australia 5G Services Market Forecast
10.4 Europe 5G Services Forecast by Country (2025-2030)
10.4.1 Germany 5G Services Market Forecast
10.4.2 France 5G Services Market Forecast
10.4.3 UK 5G Services Market Forecast
10.4.4 Italy 5G Services Market Forecast
10.4.5 Russia 5G Services Market Forecast
10.5 Middle East & Africa 5G Services Forecast by Region (2025-2030)
10.5.1 Egypt 5G Services Market Forecast
10.5.2 South Africa 5G Services Market Forecast
10.5.3 Israel 5G Services Market Forecast
10.5.4 Turkey 5G Services Market Forecast
10.5.5 GCC Countries 5G Services Market Forecast
10.6 Global 5G Services Forecast by Type (2025-2030)
10.7 Global 5G Services Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 Ericsson
11.1.1 Ericsson Company Information
11.1.2 Ericsson 5G Services Product Offered
11.1.3 Ericsson 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Ericsson Main Business Overview
11.1.5 Ericsson Latest Developments
11.2 Huawei
11.2.1 Huawei Company Information
11.2.2 Huawei 5G Services Product Offered
11.2.3 Huawei 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Huawei Main Business Overview
11.2.5 Huawei Latest Developments
11.3 Nokia
11.3.1 Nokia Company Information
11.3.2 Nokia 5G Services Product Offered
11.3.3 Nokia 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Nokia Main Business Overview
11.3.5 Nokia Latest Developments
11.4 Samsung
11.4.1 Samsung Company Information
11.4.2 Samsung 5G Services Product Offered
11.4.3 Samsung 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Samsung Main Business Overview
11.4.5 Samsung Latest Developments
11.5 ZTE
11.5.1 ZTE Company Information
11.5.2 ZTE 5G Services Product Offered
11.5.3 ZTE 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 ZTE Main Business Overview
11.5.5 ZTE Latest Developments
11.6 China Mobile
11.6.1 China Mobile Company Information
11.6.2 China Mobile 5G Services Product Offered
11.6.3 China Mobile 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 China Mobile Main Business Overview
11.6.5 China Mobile Latest Developments
11.7 China Telecom
11.7.1 China Telecom Company Information
11.7.2 China Telecom 5G Services Product Offered
11.7.3 China Telecom 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 China Telecom Main Business Overview
11.7.5 China Telecom Latest Developments
11.8 China Unicom
11.8.1 China Unicom Company Information
11.8.2 China Unicom 5G Services Product Offered
11.8.3 China Unicom 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 China Unicom Main Business Overview
11.8.5 China Unicom Latest Developments
11.9 Verizon
11.9.1 Verizon Company Information
11.9.2 Verizon 5G Services Product Offered
11.9.3 Verizon 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Verizon Main Business Overview
11.9.5 Verizon Latest Developments
11.10 AT&T
11.10.1 AT&T Company Information
11.10.2 AT&T 5G Services Product Offered
11.10.3 AT&T 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 AT&T Main Business Overview
11.10.5 AT&T Latest Developments
11.11 Deutsche Telekom AG
11.11.1 Deutsche Telekom AG Company Information
11.11.2 Deutsche Telekom AG 5G Services Product Offered
11.11.3 Deutsche Telekom AG 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Deutsche Telekom AG Main Business Overview
11.11.5 Deutsche Telekom AG Latest Developments
11.12 Vodafone Group
11.12.1 Vodafone Group Company Information
11.12.2 Vodafone Group 5G Services Product Offered
11.12.3 Vodafone Group 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Vodafone Group Main Business Overview
11.12.5 Vodafone Group Latest Developments
11.13 SK Telecom
11.13.1 SK Telecom Company Information
11.13.2 SK Telecom 5G Services Product Offered
11.13.3 SK Telecom 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 SK Telecom Main Business Overview
11.13.5 SK Telecom Latest Developments
11.14 NTT
11.14.1 NTT Company Information
11.14.2 NTT 5G Services Product Offered
11.14.3 NTT 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 NTT Main Business Overview
11.14.5 NTT Latest Developments
11.15 KT Corporation
11.15.1 KT Corporation Company Information
11.15.2 KT Corporation 5G Services Product Offered
11.15.3 KT Corporation 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 KT Corporation Main Business Overview
11.15.5 KT Corporation Latest Developments
11.16 NEC
11.16.1 NEC Company Information
11.16.2 NEC 5G Services Product Offered
11.16.3 NEC 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 NEC Main Business Overview
11.16.5 NEC Latest Developments
11.17 Fujitsu
11.17.1 Fujitsu Company Information
11.17.2 Fujitsu 5G Services Product Offered
11.17.3 Fujitsu 5G Services Revenue, Gross Margin and Market Share (2019-2024)
11.17.4 Fujitsu Main Business Overview
11.17.5 Fujitsu Latest Developments
12 Research Findings and Conclusion
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*If Applicable.