April 25, 2024

5G Services Market Size to Hit Around US$ 1.87 trillion by 2030

Precedence Research a new report on 5G services market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future. The global 5G services market size was valued at US$ 64.54 billion in 2021. The global 5G services market is projected to reach US$ 1.87 trillion by 2030, registering a compound annual growth rate (CAGR) of 44.63% during the forecast period from 2022 to 2030.

5G Services Market

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The global 5G services market report offers various segments analysis by size, trends, growth factors, opportunities and key country outlook to 2030. The report offers a detailed analysis and information as per 5G services, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.

5G Services Market Report Scope 
Report Coverage Details
Market Size by 2030 USD 1.87 Trillion
Growth Rate from 2022 to 2030 CAGR of 44.63%
Asia Pacific Market Share in 2021 39%
IT & Telecom Segment Market Share in 2021 22%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Communication Type, Vertical, End Users, Geography

The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

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Some of the prominent players in the 5G services market include:
  • SK Telecom Co., Ltd.
  • Verizon Communications, Inc.
  • T-Mobile USA, Inc.
  • Rakuten Mobile Inc.
  • AT&T, Inc.
  • BT Group plc
  • China Mobile Ltd.
  • China Telecom Corporation Ltd.
  • Saudi Telecom Company
  • Vodafone Group
5G Services Market Segmentation

By Communication Type

  • FWA
  • eMBB
  • uRLLC
  • mMTC

By Vertical

  • Manufacturing
  • Public Safety
  • Healthcare & Social Work
  • Media & Entertainment
  • Energy & Utility
  • IT & Telecom
  • Transportation & Logistics
  • Aerospace& Defense
  • BFSI
  • Government
  • Retail
  • Mining
  • Oil & Gas
  • Agriculture
  • Construction
  • Real Estate

By End Users

  • Consumers
  • Enterprises

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Key Questions are

  • What are the key factors influencing the 5G services market in each region?
  • How much value will the global market generate by the end of the forecast period?
  • What will be the CAGR of the global market between 2022 and 2030?
  • What would be the Y-o-Y growth trend of the global market between 2022 and 2030?
  • What is the future scope and current trends in technologies of the global market?
  • What is the revenue of the global market based on segments?
  • Which key strategies are used by top players of the global market?
  • Which are the leading companies in the global market?
  • What are the essential strategies by key stakeholders in the market to expand their geographic presence?
  • What are the major advancements witnessed in the global market?

Research Objectives and Research Approach

The comprehensive report on the global 5G services market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global 5G services market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global 5G services market in terms of type, application, region and others. Key segments under each criteria are studied at length, and the market share for each of these at the end of 2030 has also been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global market.

Why should you invest in this report?

If you are aiming to enter the global 5G services market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for 5G services are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on 5G Services Market 

5.1. COVID-19 Landscape: 5G Services Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global 5G Services Market, By Communication

8.1. 5G Services Market, by Communication Type, 2022-2030

8.1.1. FWA

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. eMBB

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. uRLLC

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. mMTC

8.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global 5G Services Market, By Vertical

9.1. 5G Services Market, by Vertical, 2022-2030

9.1.1. Manufacturing

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Public Safety

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Media & Entertainment

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Energy & Utility

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Healthcare & Social Work

9.1.5.1. Market Revenue and Forecast (2017-2030)

9.1.6. IT & Telecom

9.1.6.1. Market Revenue and Forecast (2017-2030)

9.1.7. Transportation & Logistics

9.1.7.1. Market Revenue and Forecast (2017-2030)

9.1.8. Aerospace& Defense

9.1.8.1. Market Revenue and Forecast (2017-2030)

9.1.9. Others

9.1.9.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global 5G Services Market, By End Users 

10.1. 5G Services Market, by End Users, 2022-2030

10.1.1. Consumers

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Enterprises

10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global 5G Services Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Communication (2017-2030)

11.1.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.1.3. Market Revenue and Forecast, by End Users (2017-2030)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Communication (2017-2030)

11.1.4.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.1.4.3. Market Revenue and Forecast, by End Users (2017-2030)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Communication (2017-2030)

11.1.5.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.1.5.3. Market Revenue and Forecast, by End Users (2017-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Communication (2017-2030)

11.2.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.2.3. Market Revenue and Forecast, by End Users (2017-2030)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Communication (2017-2030)

11.2.4.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.2.4.3. Market Revenue and Forecast, by End Users (2017-2030)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Communication (2017-2030)

11.2.5.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.2.5.3. Market Revenue and Forecast, by End Users (2017-2030)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Communication (2017-2030)

11.2.6.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.2.6.3. Market Revenue and Forecast, by End Users (2017-2030)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Communication (2017-2030)

11.2.7.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.2.7.3. Market Revenue and Forecast, by End Users (2017-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Communication (2017-2030)

11.3.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.3.3. Market Revenue and Forecast, by End Users (2017-2030)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Communication (2017-2030)

11.3.4.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.3.4.3. Market Revenue and Forecast, by End Users (2017-2030)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Communication (2017-2030)

11.3.5.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.3.5.3. Market Revenue and Forecast, by End Users (2017-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Communication (2017-2030)

11.3.6.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.3.6.3. Market Revenue and Forecast, by End Users (2017-2030)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Communication (2017-2030)

11.3.7.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.3.7.3. Market Revenue and Forecast, by End Users (2017-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Communication (2017-2030)

11.4.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.4.3. Market Revenue and Forecast, by End Users (2017-2030)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Communication (2017-2030)

11.4.4.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.4.4.3. Market Revenue and Forecast, by End Users (2017-2030)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Communication (2017-2030)

11.4.5.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.4.5.3. Market Revenue and Forecast, by End Users (2017-2030)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Communication (2017-2030)

11.4.6.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.4.6.3. Market Revenue and Forecast, by End Users (2017-2030)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Communication (2017-2030)

11.4.7.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.4.7.3. Market Revenue and Forecast, by End Users (2017-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Communication (2017-2030)

11.5.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.5.3. Market Revenue and Forecast, by End Users (2017-2030)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Communication (2017-2030)

11.5.4.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.5.4.3. Market Revenue and Forecast, by End Users (2017-2030)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Communication (2017-2030)

11.5.5.2. Market Revenue and Forecast, by Vertical (2017-2030)

11.5.5.3. Market Revenue and Forecast, by End Users (2017-2030)

Chapter 12. Company Profiles

12.1. SK Telecom Co., Ltd.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Verizon Communications, Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. T-Mobile USA, Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Rakuten Mobile Inc.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. AT&T, Inc.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. BT Group plc.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. China Mobile Ltd.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. China Telecom Corporation Ltd.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Saudi Telecom Company

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Vodafone Group

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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