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    5G Service Market Trends

    ID: MRFR/ICT/5201-HCR
    100 Pages
    Shubham Munde
    October 2025

    5G Service Market Research Report Information By Service Type (Professional Services And Managed Services), By Communication Type (Extreme Mobile Broadband, Massive Machine- Type Communications, Fixed Wireless Access And Others), By Technology (Wi-Fi, High-Speed Package Access, Radio Access Technologies, System for Mobile And Others), By Vertical (Energy and Utilities, Automotive, Healthcare A...

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    Market Trends

    Key Emerging Trends in the 5G Service Market

    A number of important changes in the market are affecting business and the way people and businesses use technology. One of the most noticeable trends is the rise in the number of 5G gadgets and apps. People are making smarter apps that use 5G's low delay and fast speed. Also, more and more 5G devices are becoming available at prices that are competitive with other devices on the market. Businesses that can be different from the competition, be creative, and change the way customers connect with brands can take advantage of this trend. The stress on relationships and working together is another important change in the 5G service market. More and more, telecommunications companies are teaming up with companies in other fields, like manufacturing, entertainment, and healthcare. The goal of these agreements is to bring 5G to a wide range of industries, opening up new ways to improve speed and come up with new ideas. Industries and telecom companies working together is creating unique solutions, like 5G-enabled healthcare services, smart manufacturing, and virtual reality experiences. The rise of edge computing is one of the most important changes in the 5G service sector. Edge computing handles data closer to the source to cut down on delay and make real-time apps possible. As the Internet of Things (IoT) environment grows, edge computing will play a bigger role in making it possible for more gadgets and apps to talk to each other. Furthermore, energy efficiency and sustainability are turning into major issues, and there is a rising focus on building 5G infrastructure that is safe for the environment in order to meet the growing demand while limiting its harmful effects on the environment.

    Market Summary

    As per MRFR analysis, the 5G Service Market Size was estimated at 40.76 USD Billion in 2024. The 5G Service industry is projected to grow from 51.09 USD Billion in 2025 to 488.56 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 25.33 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    <p>The 5G Service Market is poised for substantial growth driven by technological advancements and increasing demand across various sectors.</p>

    • North America remains the largest market for 5G services, showcasing robust infrastructure and investment.
    • Asia-Pacific is emerging as the fastest-growing region, propelled by rapid urbanization and technological adoption.
    • Professional Services dominate the market, while Managed Services are experiencing the fastest growth due to evolving customer needs.
    • The demand for enhanced mobile broadband and the rise of smart manufacturing are key drivers fueling market expansion.

    Market Size & Forecast

    2024 Market Size 40.76 (USD Billion)
    2035 Market Size 488.56 (USD Billion)
    CAGR (2025 - 2035) 25.33%
    Largest Regional Market Share in 2024 North America

    Major Players

    <p>Verizon (US), AT&T (US), T-Mobile (US), China Mobile (CN), China Telecom (CN), Nippon Telegraph and Telephone (JP), Deutsche Telekom (DE), Vodafone (GB), SK Telecom (KR), Orange (FR)</p>

    Market Trends

    The 5G Service Market is currently experiencing a transformative phase characterized by rapid advancements in technology and increasing demand for high-speed connectivity. As industries and consumers alike seek enhanced mobile broadband experiences, the deployment of 5G networks is becoming more widespread. This evolution is not merely about faster internet; it encompasses a broader spectrum of applications, including the Internet of Things (IoT), smart cities, and autonomous vehicles. The integration of 5G technology into various sectors appears to be reshaping the landscape of communication and connectivity, fostering innovation and efficiency. Moreover, the competitive dynamics within the 5G Service Market are intensifying as multiple players strive to establish their foothold. Telecommunications companies are investing heavily in infrastructure to support the burgeoning demand for data and connectivity. This investment is likely to spur collaborations and partnerships, as stakeholders recognize the necessity of working together to maximize the potential of 5G technology. As the market continues to evolve, it seems poised to unlock new opportunities and challenges, ultimately influencing how individuals and businesses interact with technology in the future.

    Increased Adoption of IoT Devices

    The proliferation of Internet of Things (IoT) devices is driving the demand for 5G services. As more devices become interconnected, the need for reliable and high-speed connectivity becomes paramount. This trend suggests that industries will increasingly rely on 5G networks to facilitate seamless communication between devices, enhancing operational efficiency.

    Expansion of Smart City Initiatives

    Cities around the globe are increasingly adopting smart technologies to improve urban living. The integration of 5G services into smart city projects appears to enhance infrastructure management, public safety, and transportation systems. This trend indicates a growing recognition of the role that advanced connectivity plays in urban development.

    Emergence of Edge Computing

    The rise of edge computing is closely linked to the capabilities of 5G technology. By processing data closer to the source, edge computing reduces latency and improves response times. This trend suggests that businesses may increasingly leverage 5G networks to support real-time data processing, thereby enhancing their operational capabilities.

    <p>The rapid expansion of 5G technology is poised to revolutionize various sectors, enhancing connectivity and driving innovation across industries.</p>

    Federal Communications Commission (FCC)

    5G Service Market Market Drivers

    Rise of Smart Manufacturing

    The 5G Service Market is witnessing a notable shift towards smart manufacturing, driven by the need for increased efficiency and automation. Manufacturers are increasingly adopting IoT devices and sensors to monitor production processes in real-time. The implementation of 5G technology enables seamless connectivity between machines, allowing for enhanced data analytics and predictive maintenance. Reports indicate that the smart manufacturing market is expected to grow to over 400 billion by 2025, with 5G serving as a backbone for these innovations. This trend not only enhances operational efficiency but also reduces downtime, thereby propelling the growth of the 5G Service Market.

    Growth of Autonomous Vehicles

    The advent of autonomous vehicles is poised to significantly impact the 5G Service Market. These vehicles require real-time data exchange and ultra-reliable low-latency communication to operate safely and efficiently. The integration of 5G technology is essential for enabling vehicle-to-everything (V2X) communication, which facilitates interactions between vehicles, infrastructure, and pedestrians. Industry analysts suggest that the autonomous vehicle market could reach a valuation of over 500 billion by 2030, with 5G technology playing a crucial role in this transformation. As automotive manufacturers increasingly adopt 5G capabilities, the demand for related services within the 5G Service Market is likely to escalate.

    Enhanced Mobile Broadband Demand

    The 5G Service Market is experiencing a surge in demand for enhanced mobile broadband services. As consumers increasingly rely on high-speed internet for streaming, gaming, and remote work, the need for faster and more reliable connectivity becomes paramount. According to recent data, the number of mobile broadband subscriptions is projected to reach over 7 billion by 2026, indicating a robust growth trajectory. This demand is further fueled by the proliferation of 4K and 8K video content, which necessitates higher bandwidth. Consequently, telecommunications companies are investing heavily in 5G infrastructure to meet these consumer expectations, thereby driving the growth of the 5G Service Market.

    Expansion of Telehealth Services

    The 5G Service Market is significantly influenced by the expansion of telehealth services. As healthcare providers increasingly adopt digital solutions for remote patient monitoring and consultations, the demand for high-speed, reliable connectivity becomes critical. 5G technology facilitates high-definition video consultations and real-time data transmission, which are essential for effective telehealth services. Recent studies indicate that the telehealth market could exceed 250 billion by 2026, with 5G technology being a key enabler. This growth not only enhances patient care but also drives the demand for 5G services, thereby contributing to the overall expansion of the 5G Service Market.

    Increased Focus on Cybersecurity

    The 5G Service Market is also shaped by an increased focus on cybersecurity. As more devices connect to the internet through 5G networks, the potential for cyber threats escalates. Organizations are prioritizing the implementation of robust security measures to protect sensitive data and maintain consumer trust. The cybersecurity market is projected to grow significantly, with estimates suggesting it could reach over 300 billion by 2024. This heightened emphasis on security is likely to drive demand for advanced 5G services that incorporate enhanced security protocols, thereby influencing the trajectory of the 5G Service Market.

    Market Segment Insights

    By Service Type: Professional Services (Largest) vs. Managed Services (Fastest-Growing)

    <p>In the 5G Service Market, the distribution of market share among the service types illustrates the dominance of Professional Services. This segment encompasses a wide array of offerings including consulting, system integration, and deployment services that enable organizations to effectively leverage 5G technology. Managed Services, on the other hand, has been gaining traction as organizations prioritize operational efficiency and seek to outsource complex network management tasks to specialized providers, allowing them to focus on core business functions.</p>

    <p>Service Type: Professional Services (Dominant) vs. Managed Services (Emerging)</p>

    <p>Professional Services in the 5G Service Market stands out as the dominant category, characterized by a comprehensive approach to meeting diverse client needs. This segment is highly sought after due to its emphasis on strategic planning, implementation, and customer support tailored for 5G solutions. Conversely, Managed Services represent an emerging trend, providing businesses with the flexibility and expertise required to navigate the complexities of 5G networks. This service type is increasingly favored by enterprises looking to reduce operational costs while ensuring effective network performance management, positioning it as a crucial player in the evolving landscape of 5G service offerings.</p>

    By Communication Type: Extreme Mobile Broadband (Largest) vs. Massive Machine-Type Communications (Fastest-Growing)

    <p>In the 5G Service Market, Extreme Mobile Broadband (eMBB) has emerged as the largest segment, driven by the increasing demand for high-speed internet and enhanced mobile experiences. With its adoption primarily taking place in urban areas and densely populated regions, eMBB offers significant market share compared to other communication types. Meanwhile, Massive Machine-Type Communications (mMTC) is gaining momentum as industries seek to implement more IoT devices in their operations, thus pushing its market presence further in the competitive landscape.</p>

    <p>Extreme Mobile Broadband (Dominant) vs. Fixed Wireless Access (Emerging)</p>

    <p>Extreme Mobile Broadband (eMBB) remains the dominant force in the 5G ecosystem, characterized by its ability to provide ultra-fast speeds and high data rates essential for applications such as HD video streaming and virtual reality. Its growth is largely attributed to the widespread mobile adoption and the demand for seamless connectivity. In contrast, Fixed Wireless Access (FWA) is emerging as a viable alternative, especially in rural and underserved areas. FWA offers an attractive solution for delivering internet services without the need for cumbersome cabling, appealing to users who require high-speed internet yet may not have access to traditional broadband options.</p>

    By Technology: Wi-Fi (Largest) vs. Radio Access Technologies (Fastest-Growing)

    <p>The 5G service market is characterized by a diverse distribution among its key technological segment values. Wi-Fi holds a significant position as the largest segment, serving as a foundation for connectivity in both urban and rural areas. Following closely, Radio Access Technologies have emerged as a strong contender, rapidly gaining traction due to their essential role in facilitating high-speed mobile connectivity. Meanwhile, High-Speed Packet Access and Systems for Mobile continue to support existing networks, ensuring a balance between traditional services and emerging innovations. As the demand for high-speed data and seamless connectivity increases, the growth trends in this segment highlight the transition towards more advanced technologies. Radio Access Technologies are driving the fastest growth, spurred by the demand for enhanced mobile broadband and low-latency applications. In contrast, while Wi-Fi maintains its dominance, it is also evolving to provide even better reliability and performance, enabling users to access 5G services more effectively. The ongoing development in these technologies paints a promising future for the 5G service market, driven by ongoing innovation and user demand.</p>

    <p>Wi-Fi (Dominant) vs. Radio Access Technologies (Emerging)</p>

    <p>Wi-Fi remains a dominant player in the 5G service market due to its ubiquitous presence and ability to provide high-speed internet access across various environments. Its integration with 5G technology enhances user experiences by offering faster connectivity and reducing latency. On the other hand, Radio Access Technologies are emerging as a crucial segment within the market, facilitating the rapid deployment of 5G services. Their ability to support diverse applications such as IoT and real-time communication positions them favorably in the evolving landscape of mobile connectivity. As the need for robust mobile networks continues to grow, both Wi-Fi and Radio Access Technologies are expected to play pivotal roles in shaping the future of the 5G service market.</p>

    By Vertical: Energy and Utilities (Largest) vs. Automotive (Fastest-Growing)

    <p>In the 5G Service Market, the vertical segment exhibits a diverse distribution among key players, with the Energy and Utilities sector holding the largest share. This sector is experiencing substantial demand for enhanced connectivity to support smart grid technologies and other infrastructure improvements. Following closely is the Automotive sector, which, while currently smaller in market share, is rapidly expanding due to the increasing adoption of connected vehicles and autonomous driving technologies.</p>

    <p>Automotive: Dominant vs. Healthcare: Emerging</p>

    <p>Within the vertical segment, the Automotive sector stands as the dominant force, leveraging 5G technologies for real-time data processing and communication necessary for advanced driving systems. This sector's growth is largely driven by consumer demand for smart, connected vehicles and innovations in electric vehicle technologies. In contrast, the Healthcare sector is emerging, harnessing 5G services for telemedicine, remote patient monitoring, and improved healthcare delivery. While currently trailing the Automotive sector, the Healthcare segment is poised for growth as healthcare systems seek to improve patient outcomes through enhanced connectivity.</p>

    Get more detailed insights about 5G Service Market Research Report - Global Forecast till 2032

    Regional Insights

    North America : Leading Innovation and Adoption

    North America is poised to dominate the 5G service market, driven by robust infrastructure investments and high consumer demand for faster connectivity. The U.S. leads this region, holding approximately 70% of the market share, followed by Canada with around 15%. Regulatory support from the Federal Communications Commission (FCC) has accelerated deployment, fostering a competitive environment among major telecom players. Key players like Verizon, AT&T, and T-Mobile are at the forefront, investing heavily in 5G technology and infrastructure. The competitive landscape is characterized by aggressive pricing strategies and innovative service offerings. The presence of advanced research institutions further enhances the region's capability to lead in 5G technology, ensuring a continuous flow of advancements and improvements in service delivery.

    Europe : Regulatory Framework and Growth

    Europe is experiencing significant growth in the 5G service market, driven by regulatory initiatives and increasing demand for high-speed internet. Germany and the UK are the largest markets, collectively holding about 60% of the European market share. The European Commission's Digital Compass initiative aims to ensure that 5G is widely available across the continent, fostering a conducive environment for investment and innovation. Leading countries like Germany, the UK, and France are home to major telecom operators such as Deutsche Telekom and Vodafone. The competitive landscape is marked by collaborations between telecom companies and technology firms to enhance service offerings. The region's focus on sustainability and digital transformation is expected to further propel the adoption of 5G services, making it a key player in the global market.

    Asia-Pacific : Rapid Adoption and Innovation

    The Asia-Pacific region is witnessing an explosive growth in the 5G service market, primarily driven by countries like China and South Korea. China holds the largest market share at approximately 50%, with South Korea following closely at around 20%. Government initiatives and substantial investments in telecommunications infrastructure are key growth drivers, alongside a rising demand for high-speed internet and IoT applications. China Mobile and SK Telecom are leading players in this competitive landscape, focusing on expanding their 5G networks and enhancing service quality. The region is characterized by rapid technological advancements and a strong push towards digital transformation. As more industries adopt 5G technology, the Asia-Pacific market is expected to continue its upward trajectory, solidifying its position as a global leader in 5G services.

    Middle East and Africa : Emerging Markets and Opportunities

    The Middle East and Africa region is on the cusp of a 5G revolution, driven by increasing investments in telecommunications and a growing demand for high-speed connectivity. The UAE and South Africa are the largest markets, collectively accounting for about 40% of the region's market share. Government initiatives aimed at enhancing digital infrastructure are catalyzing growth, with a focus on smart city projects and IoT applications. Countries like the UAE and South Africa are witnessing significant investments from key players such as Etisalat and MTN Group. The competitive landscape is evolving, with new entrants and partnerships emerging to enhance service delivery. As the region continues to develop its 5G capabilities, it presents numerous opportunities for innovation and economic growth, positioning itself as a future hub for technology in Africa.

    Key Players and Competitive Insights

    The 5G Service Market is currently characterized by intense competition and rapid technological advancements, driven by the increasing demand for high-speed connectivity and the proliferation of IoT devices. Major players such as Verizon (US), China Mobile (CN), and Deutsche Telekom (DE) are strategically positioning themselves through innovation and partnerships to capture market share. Verizon (US) focuses on enhancing its network capabilities and expanding its 5G footprint, while China Mobile (CN) leverages its vast customer base to drive 5G adoption. Deutsche Telekom (DE) emphasizes digital transformation and sustainability, aligning its operations with emerging consumer preferences. Collectively, these strategies contribute to a dynamic competitive environment, where agility and technological prowess are paramount.

    Key business tactics within the 5G Service Market include localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure appears moderately fragmented, with several key players exerting influence over various regions. This fragmentation allows for niche players to emerge, yet the collective strength of major companies shapes the overall competitive landscape, fostering innovation and driving service enhancements.

    In September 2025, Verizon (US) announced a strategic partnership with a leading cloud service provider to enhance its 5G edge computing capabilities. This move is significant as it positions Verizon to offer low-latency services, catering to industries such as autonomous vehicles and smart cities. By integrating cloud services with its 5G network, Verizon aims to create a robust ecosystem that supports advanced applications, thereby solidifying its competitive edge.

    In August 2025, China Mobile (CN) launched a nationwide initiative to expand its 5G network coverage in rural areas, aiming to bridge the digital divide. This initiative is crucial as it not only enhances connectivity for underserved populations but also aligns with government objectives to promote digital inclusivity. By focusing on rural expansion, China Mobile is likely to capture new customer segments and foster loyalty among users who previously lacked access to high-speed internet.

    In July 2025, Deutsche Telekom (DE) unveiled its sustainability strategy, which includes a commitment to achieving carbon neutrality in its operations by 2025. This strategic focus on sustainability resonates with the growing consumer demand for environmentally responsible practices. By prioritizing sustainability, Deutsche Telekom not only enhances its brand image but also positions itself favorably in a market increasingly influenced by corporate social responsibility.

    As of October 2025, current competitive trends in the 5G Service Market are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming increasingly vital, as companies seek to leverage complementary strengths to enhance service offerings. The competitive differentiation is likely to evolve from traditional price-based competition towards a focus on innovation, technological advancements, and supply chain reliability, indicating a shift in how companies will vie for market leadership in the coming years.

    Key Companies in the 5G Service Market market include

    Industry Developments

    • Q2 2024: Ericsson and AT&T sign multi-year 5G network expansion deal Ericsson announced a multi-year agreement with AT&T to expand and modernize AT&T’s 5G network infrastructure across the United States, focusing on advanced 5G capabilities and coverage.
    • Q2 2024: Vodafone and Microsoft partner to accelerate 5G edge services in Europe Vodafone entered a strategic partnership with Microsoft to jointly develop and deploy 5G edge computing services for enterprise customers in several European markets.
    • Q2 2024: China Mobile launches commercial 5G Standalone network in 30 new cities China Mobile announced the commercial launch of its 5G Standalone (SA) network in 30 additional cities, expanding its advanced 5G coverage and enabling new enterprise applications.
    • Q3 2024: 5G startup EdgeQ raises $75 million Series C to scale AI-powered 5G chipsets EdgeQ, a Silicon Valley startup specializing in AI-driven 5G chipsets, secured $75 million in Series C funding to accelerate product development and expand its market reach.
    • Q3 2024: SK Telecom and Samsung sign MoU for joint 5G network innovation SK Telecom and Samsung Electronics signed a Memorandum of Understanding to collaborate on next-generation 5G network technologies, including network slicing and private 5G solutions.
    • Q3 2024: Deutsche Telekom opens new 5G innovation lab in Berlin Deutsche Telekom inaugurated a new 5G innovation laboratory in Berlin, aimed at fostering research and development of advanced 5G applications for industry and smart cities.
    • Q4 2024: Verizon launches 5G Ultra Wideband service in 50 additional US cities Verizon announced the rollout of its 5G Ultra Wideband service to 50 new cities across the United States, expanding high-speed connectivity for consumers and businesses.
    • Q4 2024: Orange wins major 5G private network contract with Renault Group Orange secured a contract to deploy a private 5G network for Renault Group’s manufacturing facilities, supporting industrial automation and IoT integration.
    • Q1 2025: NTT Docomo and NEC launch joint 5G Open RAN trial in Japan NTT Docomo and NEC announced the start of a joint Open RAN trial for 5G networks in Japan, aiming to promote interoperability and vendor diversity in 5G infrastructure.
    • Q1 2025: Telefonica completes acquisition of 5G startup NextWave Wireless Telefonica finalized the acquisition of NextWave Wireless, a startup specializing in 5G spectrum management and optimization technologies, to enhance its network capabilities.
    • Q2 2025: T-Mobile US launches 5G Advanced service for enterprise customers T-Mobile US introduced its new 5G Advanced service targeting enterprise clients, offering enhanced security, reliability, and network slicing features.
    • Q2 2025: BT Group and Nokia sign 5-year 5G infrastructure partnership BT Group and Nokia entered a five-year partnership to deploy and upgrade 5G infrastructure across the UK, focusing on rural coverage and advanced network features.

    Future Outlook

    5G Service Market Future Outlook

    <p>The 5G Service Market is projected to grow at a 25.33% CAGR from 2024 to 2035, driven by increased demand for high-speed connectivity and IoT applications.</p>

    New opportunities lie in:

    • <p>Development of smart city infrastructure solutions</p>
    • <p>Expansion of 5G-enabled telemedicine platforms</p>
    • <p>Creation of immersive augmented reality experiences for retail</p>

    <p>By 2035, the 5G Service Market is expected to be a cornerstone of global digital transformation.</p>

    Market Segmentation

    5G Service Market Vertical Outlook

    • Energy and Utilities
    • Automotive
    • Healthcare
    • Others

    5G Service Market Technology Outlook

    • Wi-Fi
    • High-Speed Package Access
    • Radio Access Technologies
    • System for Mobile
    • Others

    5G Service Market Service Type Outlook

    • Professional Services
    • Managed Services

    5G Service Market Communication Type Outlook

    • Extreme Mobile Broadband
    • Massive Machine-Type Communications
    • Fixed Wireless Access
    • Others

    Report Scope

    Report Attribute/MetricDetails
    Market Size 2024USD 40.76 billion
    Market Size 2035488.56 (Value (USD Billion))
    Compound Annual Growth Rate (CAGR)25.33% (2025 - 2035)
    Base Year2024
    Market Forecast Period2025 - 2035
    Historical Data2019- 2021
    Market Forecast UnitsValue (USD Billion)
    Report CoverageRevenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments CoveredService Type, Communication type, technology, vertical, and Region
    Geographies CoveredNorth America, Europe, Asia Pacific, and the Rest of the World
    Countries CoveredThe U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled SK Telecom, Samsung Electronics Co. Ltd, LG Electronics Inc., Cisco Systems Inc., Verizon Communications Inc, Qualcomm Inc, Saudi Telecom Company, Telefonaktiebolaget L. M., Ericsson Intel Corporation, China Mobile, BT Group, Nokia Corporation, Huawei Investment & Holding Co. Ltd, T-Mobile USA Inc, NEC Corporation Telstra DU, China Telecom Vodafone Group , KT Corporation Deutsche , Telekom Airtel Sprint, AT&T Inc.
    Key Market OpportunitiesTo move bryond connectivity and collaborate across sectors to deliver new, rich services.
    Key Market DynamicsRising demand for ultra-latent and dependable connectivity services.
    Market Size 202551.09 (Value (USD Billion))

    Market Highlights

    Author

    Shubham Munde
    Research Analyst Level II

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    John Doe
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    This is a great article! Really helped me understand the topic better.

    Posted on July 23, 2025, 10:15 AM
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    Thanks for sharing this. I’ve bookmarked it for later reference.

    Posted on July 22, 2025, 7:45 PM

    FAQs

    How much is the 5G service market?

    The 5G service market size was valued at USD 31.5 Billion in 2023.

    What is the growth rate of the 5G service market?

    The market is projected to grow at a CAGR of 25.33% during the forecast period, 2024-2032.

    Which region held the largest market share in the 5G service market?

    North America had the largest share in the market

    Who are the key players of the 5G service market?

    The key players in the market are Qualcomm Inc, Saudi Telecom Company, Telefonaktiebolaget L. M., Ericsson Intel Corporation, China Mobile, BT Group, Nokia Corporation, Huawei Investment &amp; Holding Co. Ltd.

    Which communication type led the 5G service market?

    The Mobile Broadband (eMBB) 5G service category dominated the market in 2022.

    Which Technology had the largest market share in the 5G service market?

    The GSM had the largest share of the market.

    1. Executive Summary
    2. Market Introduction
      1. Definition
      2. Scope of the Study
      3. List of Assumptions
      4. Market Structure
    3. Market Insights
    4. Research Methodology
      1. Research Process
      2. Primary Research
      3. Secondary Research
      4. Market Size Estimation
      5. Forecast Model
    5. Market Dynamics
      1. Introduction
      2. Drivers
        1. Rapid developments in connected IoT devices
        2. Increasing demand for reliable and ultra-latent connectivity services
      3. Restraints
        1. High costs incurred in the deployment of networks
      4. Opportunities
        1. Development of smart cities
        2. Consumer shift from premise-based solutions to cloud-based solutions
      5. Challenges
        1. Concerns regarding global spectrum
      6. Value Chain Analysis
      7. Porter’s Five Forces Model
        1. Threat of New Entrants
        2. Bargaining Power of Suppliers
        3. Bargaining Power of Buyers
        4. Threat of Substitutes
        5. Intensity of Rivalry
    6. Global 5G Services Market, By Type
      1. Overview
        1. Professional Services
        2. Managed Services
    7. Global 5G Services Market, By Communication Type
      1. Overview
        1. Extreme Mobile Broadband
        2. Massive Machine-Type Communications (MMTC)
        3. Ultra-Reliable Machine-Type Communications (UMTC)
        4. Fixed Wireless Access (FWA)
    8. Global 5G Services Market, By Technology
      1. Overview
        1. Wi-Fi
        2. High-Speed Package Access (HSPA)
        3. Radio Access Technologies (RAT)
        4. Global System for Mobile (GSM)
        5. Worldwide Interoperability for Microwave Access (WiMAX)
    9. Global 5G Services Market, By Vertical
      1. Overview
        1. Energy and Utilities
        2. Automotive
        3. Healthcare
        4. IT & Telecommunication
        5. Retrofit Installation
        6. Consumer Electronics
        7. Industrial
        8. Retail
        9. Others
    10. Global 5G Services Market, By Region
      1. Overview
      2. North America
        1. Market Estimates & Forecast, By Country, 2023-2032
        2. Market Estimates & Forecast By Type, 2023-2032
        3. Market Estimates & Forecast By Communication Type, 2023-2032
        4. Market Estimates & Forecast By Technology, 2023-2032
        5. Market Estimates & Forecast By Vertical, 2023-2032
        6. US
        7. Canada
        8. Mexico
      3. Europe
        1. Market Estimates & Forecast, By Country, 2023-2032
        2. Market Estimates & Forecast By Type, 2023-2032
        3. Market Estimates & Forecast By Communication Type, 2023-2032
        4. Market Estimates & Forecast By Technology, 2023-2032
        5. Market Estimates & Forecast By Vertical, 2023-2032
        6. Germany
        7. UK
        8. France
        9. Rest of Europe
      4. Asia-Pacific
        1. Market Estimates & Forecast, By Country, 2023-2032
        2. Market Estimates & Forecast By Type, 2023-2032
        3. Market Estimates & Forecast By Communication Type, 2023-2032
        4. Market Estimates & Forecast By Technology, 2023-2032
        5. Market Estimates & Forecast By Vertical, 2023-2032
        6. China
        7. Japan
        8. India
        9. Rest of Asia-Pacific
      5. Rest of the World
        1. Market Estimates & Forecast, By Country, 2023-2032
        2. Market Estimates & Forecast By Type, 2023-2032
        3. Market Estimates & Forecast By Communication Type, 2023-2032
        4. Market Estimates & Forecast By Technology, 2023-2032
        5. Market Estimates & Forecast By Vertical, 2023-2032
        6. The Middle East and Africa
        7. Latin America
    11. Competitive Landscape
      1. Competitive Scenario
        1. Competitive Overview of 5G Services Market
        2. Competitive Benchmarking of 5G Services Market
    12. Company Profiles
      1. Nokia Corporation
        1. Company Overview
        2. Financial Overview
        3. Product Offerings
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategy
      2. China Mobile
        1. Company Overview
        2. Financial Overview
        3. Product Offerings
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategy
      3. Deutsche Telekom
        1. Company Overview
        2. Financial Overview
        3. Product Offerings
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategy
      4. Saudi Telecom Company
        1. Company Overview
        2. Financial Overview
        3. Product Offerings
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategy
      5. Cisco Systems Inc.
        1. Company Overview
        2. Financial Overview
        3. Product Offerings
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategy
      6. Intel Corporation
        1. Company Overview
        2. Financial Overview
        3. Product Offerings
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategy
      7. AT&T Inc.
        1. Company Overview
        2. Financial Overview
        3. Product Offerings
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategy
      8. NEC Corporation
        1. Company Overview
        2. Financial Overview
        3. Product Offerings
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategy
      9. Verizon Communications Inc.
        1. Company Overview
        2. Financial Overview
        3. Product Offerings
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategy
      10. BT Group
        1. Company Overview
        2. Financial Overview
        3. Product Offerings
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategy
      11. Sprint
        1. Company Overview
        2. Financial Overview
        3. Product Offerings
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategy
    13. Appendix

    5G Service Market Segmentation

    5G Service Market by Service Type Outlook (USD Billion, 2022-2032)

    Professional Services

    Managed Services

    5G Service Market by Communication Type Outlook (USD Billion, 2022-2032)

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    5G Service Market by Technology Outlook (USD Billion, 2022-2032)

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    5G Service Market by Vertical Outlook (USD Billion, 2022-2032)

    Energy and Utilities

    Automotive

    Healthcare

    Others

    5G Service Market by Service Type (USD Billion, 2022-2032)

    North America Outlook (USD Billion, 2022-2032)

    North America 5G Service Market By Service Type

    Professional Services

    Managed Services

    North America 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    North America 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    North America 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    US Outlook (USD Billion, 2022-2032)

    US 5G Service Market By Service Type

    Professional Services

    Managed Services

    US 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    US 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    US 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    CANADA Outlook (USD Billion, 2022-2032)

    CANADA 5G Service Market By Service Type

    Professional Services

    Managed Services

    CANADA 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    CANADA 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    CANADA 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    Europe Outlook (USD Billion, 2022-2032)

    Europe 5G Service Market By Service Type

    Professional Services

    Managed Services

    Europe 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    Europe 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    Europe 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    Germany Outlook (USD Billion, 2022-2032)

    Germany 5G Service Market By Service Type

    Professional Services

    Managed Services

    Germany 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    Germany 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    Germany 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    France Outlook (USD Billion, 2022-2032)

    France 5G Service Market By Service Type

    Professional Services

    Managed Services

    France 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    France 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    France 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    UK Outlook (USD Billion, 2022-2032)

    UK 5G Service Market By Service Type

    Professional Services

    Managed Services

    UK 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    UK 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    UK 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    ITALY Outlook (USD Billion, 2022-2032)

    ITALY 5G Service Market By Service Type

    Professional Services

    Managed Services

    ITALY 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    ITALY 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    ITALY 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    SPAIN Outlook (USD Billion, 2022-2032)

    Spain 5G Service Market By Service Type

    Professional Services

    Managed Services

    Spain 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    Spain 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    Spain 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    Rest Of Europe Outlook (USD Billion, 2022-2032)

    Rest Of Europe 5G Service Market By Service Type

    Professional Services

    Managed Services

    REST OF EUROPE 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    REST OF EUROPE 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    REST OF EUROPE 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    Asia-Pacific Outlook (USD Billion, 2022-2032)

    Asia-Pacific 5G Service Market By Service Type

    Professional Services

    Managed Services

    Asia-Pacific 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    Asia-Pacific 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    Asia-Pacific 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    China Outlook (USD Billion, 2022-2032)

    China 5G Service Market By Service Type

    Professional Services

    Managed Services

    China 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    China 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    China 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    Japan Outlook (USD Billion, 2022-2032)

    Japan 5G Service Market By Service Type

    Professional Services

    Managed Services

    Japan 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    Japan 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    Japan 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    India Outlook (USD Billion, 2022-2032)

    India 5G Service Market By Service Type

    Professional Services

    Managed Services

    India 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    India 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    India 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    Australia Outlook (USD Billion, 2022-2032)

    Australia 5G Service Market By Service Type

    Professional Services

    Managed Services

    Australia 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    Australia 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    Australia 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    Rest of Asia-Pacific Outlook (USD Billion, 2022-2032)

    Rest of Asia-Pacific 5G Service Market By Service Type

    Professional Services

    Managed Services

    Rest of Asia-Pacific 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    Rest of Asia-Pacific 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    Rest of Asia-Pacific 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    Rest of the World Outlook (USD Billion, 2022-2032)

    Rest of the World 5G Service Market By Service Type

    Professional Services

    Managed Services

    Rest of the World 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    Rest of the World 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    Rest of the World 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    Middle East Outlook (USD Billion, 2022-2032)

    Middle East 5G Service Market By Service Type

    Professional Services

    Managed Services

    Middle East 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    Middle East 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    Middle East 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    Africa Outlook (USD Billion, 2022-2032)

    Africa 5G Service Market By Service Type

    Professional Services

    Managed Services

    Africa 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    Africa 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    Africa 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    Latin America Outlook (USD Billion, 2022-2032)

    Latin America 5G Service Market By Service Type

    Professional Services

    Managed Services

    Latin America 5G Service Market By Communication Type

    Extreme Mobile Broadband

    Massive Machine- Type Communications

    Fixed Wireless Access

    Others

    Latin America 5G Service Market By Technology

    Wi-Fi

    High-Speed Package Access

    Radio Access Technologies

    Global System for Mobile

    Others

    Latin America 5G Service Market By Vertical

    Energy and Utilities

    Automotive

    Healthcare

    Others

    Infographic

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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne

    Founder
    Case Study
    Chemicals and Materials