Product Code: IRTNTR71268
Global 5G Services Market 2023-2027
The 5G services market is forecasted to grow by USD 311.93 bn during 2022-2027, accelerating at a CAGR of 31.13% during the forecast period. The report on the 5G services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing R&D and deployment of 5G networks, government initiatives for high-speed network connectivity, and growing adoption of smartphones and demand for better connectivity.
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 27.06% |
CAGR | 31.13% |
Incremental Value | $397.6 bn |
Technavio's 5G services market is segmented as below:
By End-user
- Consumers
- Enterprises
- Communication Technology
- eMBB
- FWA
- mMTC
- uRLLC
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the adoption of 5G networks for smart cities as one of the prime reasons driving the 5G services market growth during the next few years. Also, growing number of pre-commercial 5G trials and strategic collaboration among market participants will lead to sizable demand in the market.
The report on the 5G services market covers the following areas:
- 5G services market sizing
- 5G services market forecast
- 5G services market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading 5G services market vendors that include AT and T Inc., Bell Canada, Bharti Airtel Ltd., BT Group Plc, China Mobile Ltd., Deutsche Telekom AG, Etisalat, kt corp., MTN Group Ltd., Nippon Telegraph and Telephone Corp., Orange SA, Reliance Industries Ltd., Rogers Communications Inc., Saudi Telecom Co., SK Telecom Co. Ltd., T Mobile US Inc., Telefonica SA, Telstra Corp. Ltd., Verizon Communications Inc., and Vodafone Group Plc. Also, the 5G services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Technology
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global 5G Services Market 2018 - 2022
- Historic Market Size - Data Table on Global 5G Services Market 2018 - 2022 ($ billion)
- 4.2 Technology segment analysis 2018 - 2022
- Historic Market Size - Technology Segment 2018 - 2022 ($ billion)
- 4.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
- 4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- 4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Technology
- 6.1 Market segments
- Chart on Technology - Market share 2023-2028 (%)
- Data Table on Technology - Market share 2023-2028 (%)
- 6.2 Comparison by Technology
- Chart on Comparison by Technology
- Data Table on Comparison by Technology
- 6.3 eMBB - Market size and forecast 2023-2028
- Chart on eMBB - Market size and forecast 2023-2028 ($ billion)
- Data Table on eMBB - Market size and forecast 2023-2028 ($ billion)
- Chart on eMBB - Year-over-year growth 2023-2028 (%)
- Data Table on eMBB - Year-over-year growth 2023-2028 (%)
- 6.4 FWA - Market size and forecast 2023-2028
- Chart on FWA - Market size and forecast 2023-2028 ($ billion)
- Data Table on FWA - Market size and forecast 2023-2028 ($ billion)
- Chart on FWA - Year-over-year growth 2023-2028 (%)
- Data Table on FWA - Year-over-year growth 2023-2028 (%)
- 6.5 mMTC - Market size and forecast 2023-2028
- Chart on mMTC - Market size and forecast 2023-2028 ($ billion)
- Data Table on mMTC - Market size and forecast 2023-2028 ($ billion)
- Chart on mMTC - Year-over-year growth 2023-2028 (%)
- Data Table on mMTC - Year-over-year growth 2023-2028 (%)
- 6.6 uRLLC - Market size and forecast 2023-2028
- Chart on uRLLC - Market size and forecast 2023-2028 ($ billion)
- Data Table on uRLLC - Market size and forecast 2023-2028 ($ billion)
- Chart on uRLLC - Year-over-year growth 2023-2028 (%)
- Data Table on uRLLC - Year-over-year growth 2023-2028 (%)
- 6.7 Market opportunity by Technology
- Market opportunity by Technology ($ billion)
- Data Table on Market opportunity by Technology ($ billion)
7 Market Segmentation by End-user
- 7.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
- 7.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 7.3 Consumers - Market size and forecast 2023-2028
- Chart on Consumers - Market size and forecast 2023-2028 ($ billion)
- Data Table on Consumers - Market size and forecast 2023-2028 ($ billion)
- Chart on Consumers - Year-over-year growth 2023-2028 (%)
- Data Table on Consumers - Year-over-year growth 2023-2028 (%)
- 7.4 Enterprises - Market size and forecast 2023-2028
- Chart on Enterprises - Market size and forecast 2023-2028 ($ billion)
- Data Table on Enterprises - Market size and forecast 2023-2028 ($ billion)
- Chart on Enterprises - Year-over-year growth 2023-2028 (%)
- Data Table on Enterprises - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by End-user
- Market opportunity by End-user ($ billion)
- Data Table on Market opportunity by End-user ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ billion)
- Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 9.10 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.12 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Opportunity/Restraints
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 10.4 Market opportunities/restraints
11 Competitive Landscape
- 11.1 Overview
- 11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 11.3 Landscape disruption
- Overview on factors of disruption
- 11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
- 12.1 Companies profiled
- 12.2 Market positioning of companies
- Matrix on companies position and classification
- 12.3 AT and T
- AT and T - Overview
- AT and T - Business segments
- AT and T - Key news
- AT and T - Key offerings
- AT and T - Segment focus
- 12.4 Bharti Airtel Ltd.
- Bharti Airtel Ltd. - Overview
- Bharti Airtel Ltd. - Business segments
- Bharti Airtel Ltd. - Key news
- Bharti Airtel Ltd. - Key offerings
- Bharti Airtel Ltd. - Segment focus
- 12.5 BT Group Plc
- BT Group Plc - Overview
- BT Group Plc - Business segments
- BT Group Plc - Key offerings
- BT Group Plc - Segment focus
- 12.6 China Mobile Ltd.
- China Mobile Ltd. - Overview
- China Mobile Ltd. - Product / Service
- China Mobile Ltd. - Key offerings
- 12.7 Deutsche Telekom AG
- Deutsche Telekom AG - Overview
- Deutsche Telekom AG - Business segments
- Deutsche Telekom AG - Key offerings
- Deutsche Telekom AG - Segment focus
- 12.8 KT Corp.
- KT Corp. - Overview
- KT Corp. - Product / Service
- KT Corp. - Key offerings
- 12.9 Orange SA
- Orange SA - Overview
- Orange SA - Product / Service
- Orange SA - Key offerings
- 12.10 Reliance Industries Ltd.
- Reliance Industries Ltd. - Overview
- Reliance Industries Ltd. - Business segments
- Reliance Industries Ltd. - Key news
- Reliance Industries Ltd. - Key offerings
- Reliance Industries Ltd. - Segment focus
- 12.11 Rogers Communications Inc.
- Rogers Communications Inc. - Overview
- Rogers Communications Inc. - Business segments
- Rogers Communications Inc. - Key offerings
- Rogers Communications Inc. - Segment focus
- 12.12 SK Telecom Co. Ltd.
- SK Telecom Co. Ltd. - Overview
- SK Telecom Co. Ltd. - Business segments
- SK Telecom Co. Ltd. - Key offerings
- SK Telecom Co. Ltd. - Segment focus
- 12.13 T Mobile US Inc.
- T Mobile US Inc. - Overview
- T Mobile US Inc. - Product / Service
- T Mobile US Inc. - Key offerings
- 12.14 Telefonica SA
- Telefonica SA - Overview
- Telefonica SA - Business segments
- Telefonica SA - Key news
- Telefonica SA - Key offerings
- Telefonica SA - Segment focus
- 12.15 Telstra Corp. Ltd.
- Telstra Corp. Ltd. - Overview
- Telstra Corp. Ltd. - Business segments
- Telstra Corp. Ltd. - Key offerings
- Telstra Corp. Ltd. - Segment focus
- 12.16 Verizon
- Verizon - Overview
- Verizon - Business segments
- Verizon - Key news
- Verizon - Key offerings
- Verizon - Segment focus
- 12.17 Vodafone Group Plc
- Vodafone Group Plc - Overview
- Vodafone Group Plc - Business segments
- Vodafone Group Plc - Key news
- Vodafone Group Plc - Key offerings
- Vodafone Group Plc - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 13.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 Data procurement
- 13.6 Data validation
- 13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 13.8 Data synthesis
- 13.9 360 degree market analysis
- 360 degree market analysis
- 13.10 List of abbreviations