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    US 5G Service Market

    ID: MRFR/ICT/12525-HCR
    100 Pages
    Garvit Vyas
    October 2025

    US 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 And Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035.

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    US 5G Service Market Infographic
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    US 5G Service Market Summary

    As per MRFR analysis, the US 5G Service Market Size was estimated at 7.5 USD Billion in 2024. The US 5g service market is projected to grow from 9.35 USD Billion in 2025 to 85.0 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 24.7% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US 5G service market is poised for substantial growth driven by technological advancements and increasing demand.

    • The largest segment in the US 5G service market is mobile broadband, while the fastest-growing segment is IoT connectivity.
    • There is a notable increase in the adoption of IoT devices, which is reshaping connectivity requirements across various sectors.
    • Expansion of network infrastructure is critical as service providers enhance coverage and capacity to meet rising consumer demands.
    • Key market drivers include the rising demand for high-speed connectivity and government initiatives that support telecommunications investment.

    Market Size & Forecast

    2024 Market Size 7.5 (USD Billion)
    2035 Market Size 85.0 (USD Billion)

    Major Players

    Huawei (CN), Ericsson (SE), Nokia (FI), Samsung (KR), Qualcomm (US), AT&T (US), Verizon (US), T-Mobile (DE), China Mobile (CN)

    US 5G Service Market Trends

    The 5G Service Market is currently experiencing a transformative phase characterized by rapid technological advancements and increasing consumer demand. As more devices become compatible with 5g technology, the market is witnessing a surge in adoption across various sectors, including healthcare, automotive, and entertainment. This shift is driven by the need for faster data speeds, lower latency, and enhanced connectivity. Moreover, the expansion of infrastructure and investment in network capabilities are likely to play a crucial role in shaping the future landscape of this market. In addition, regulatory frameworks and government initiatives are fostering an environment conducive to growth. The emphasis on digital transformation and smart city initiatives is further propelling the demand for 5g services. As businesses and consumers alike recognize the potential benefits of this technology, the market is poised for sustained growth. The interplay between innovation, investment, and regulatory support appears to be a key factor influencing the trajectory of the 5g service market in the coming years.

    Increased Adoption of IoT Devices

    The proliferation of Internet of Things (IoT) devices is significantly impacting the 5g service market. As more devices connect to networks, the demand for high-speed, reliable connectivity is intensifying. This trend is likely to drive investments in infrastructure to support the growing number of connected devices.

    Expansion of Network Infrastructure

    Investment in network infrastructure is crucial for the advancement of the 5g service market. Telecommunications companies are actively enhancing their networks to accommodate the increasing demand for faster and more reliable services. This expansion is expected to facilitate broader access to 5g technology.

    Emergence of New Applications

    The 5g service market is witnessing the emergence of innovative applications across various sectors. From autonomous vehicles to telemedicine, the potential uses of 5g technology are expanding. This diversification of applications is likely to attract new players and stimulate further growth in the market.

    US 5G Service Market Drivers

    Emergence of Smart Cities

    The concept of smart cities is gaining traction in the US, which is expected to have a profound impact on the 5g service market. As urban areas increasingly adopt smart technologies, the demand for reliable and high-speed connectivity becomes paramount. 5g networks are essential for supporting the vast array of IoT devices and applications that contribute to the functionality of smart cities, such as traffic management systems, public safety solutions, and energy-efficient infrastructure. The integration of 5g technology into urban planning is projected to enhance operational efficiency and improve the quality of life for residents. This trend indicates a promising future for the 5g service market, as municipalities invest in the necessary infrastructure to support smart city initiatives.

    Government Initiatives and Funding

    Government initiatives aimed at promoting the deployment of 5g technology are playing a crucial role in the growth of the 5g service market. Federal and state governments are allocating substantial funding to enhance telecommunications infrastructure, particularly in underserved areas. For instance, the Federal Communications Commission (FCC) has introduced various programs to facilitate the rollout of 5g networks, which could potentially lead to an increase in market penetration. The investment in 5g infrastructure is projected to reach approximately $275 billion by 2025, underscoring the commitment to advancing connectivity. These initiatives not only support the expansion of the 5g service market but also aim to bridge the digital divide, ensuring equitable access to high-speed internet across diverse demographics.

    Rising Demand for High-Speed Connectivity

    The 5g service market is experiencing a notable surge in demand for high-speed connectivity, driven by the increasing reliance on digital services across various sectors. Businesses and consumers alike are seeking faster internet speeds to support activities such as streaming, online gaming, and remote work. According to recent data, the average download speed in the US has increased significantly, with 5g technology offering speeds up to 10 Gbps. This demand for enhanced connectivity is likely to propel the growth of the 5g service market, as service providers invest in infrastructure to meet consumer expectations. Furthermore, the proliferation of smart devices and applications that require robust internet connectivity is expected to further stimulate this market, indicating a strong trajectory for the 5g service market in the coming years.

    Increased Investment in Telecommunications

    The 5g service market is witnessing a significant influx of investment from telecommunications companies, which is essential for the development and expansion of 5g networks. Major players in the industry are allocating billions of dollars to enhance their infrastructure and improve service offerings. For example, it is estimated that the US telecommunications sector will invest around $130 billion in 5g technology over the next few years. This investment is likely to facilitate the deployment of advanced technologies, such as small cells and fiber optics, which are critical for delivering high-quality 5g services. As competition intensifies among service providers, the focus on innovation and customer satisfaction is expected to drive further growth in the 5g service market.

    Growth of Mobile Gaming and Streaming Services

    The rapid growth of mobile gaming and streaming services is significantly influencing the 5g service market. As consumers increasingly turn to mobile platforms for entertainment, the demand for high-speed internet becomes critical. 5g technology offers the low latency and high bandwidth necessary for seamless gaming experiences and high-definition streaming. Recent statistics suggest that mobile gaming revenue in the US is expected to surpass $30 billion by 2025, further emphasizing the need for robust connectivity solutions. This trend is likely to drive service providers to enhance their 5g offerings, catering to the evolving preferences of consumers. Consequently, the expansion of mobile gaming and streaming services is poised to be a key driver of growth in the 5g service market.

    Market Segment Insights

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

    The US 5G Service Market exhibits a diverse segmentation in the service type category, where Managed Services hold a significant market share. These services are preferred by businesses due to their comprehensive approach to network management, scalability, and cost-effectiveness. On the other hand, Professional Services are gaining traction and rapidly increasing their foothold in the market, catering to businesses seeking specialized expertise and customized solutions for 5g implementation and optimization. Growth trends within this segment indicate a notable shift towards Managed Services as companies look for reliable solutions to manage their 5g infrastructure effectively. The increasing complexity of network technologies and the need for advanced management tools drive this growth. Meanwhile, the Professional Services sector is benefitting from the rapid onboarding of 5g technology, with more organizations seeking professional guidance to navigate deployment challenges, indicating a thriving environment for both types of services.

    Managed Services (Dominant) vs. Professional Services (Emerging)

    In the US 5g service market, Managed Services are regarded as the dominant force, as they provide organizations with effective solutions to manage and optimize their 5g networks. This segment offers a spectrum of services, including network monitoring, security, and maintenance, allowing businesses to focus on core operations without the burden of managing complex infrastructures. Conversely, Professional Services are emerging as a vital part of the market, characterized by their tailored offerings for 5g integration. These services encompass consulting, project management, and technical support, catering to businesses that require expert assistance during the transition towards 5g technology. The synergy between both segments enhances overall service delivery and operational efficiency.

    By Communication Type: Extreme Mobile Broadband (Largest) vs. Fixed Wireless Access (Fastest-Growing)

    In the US 5G Service Market, Extreme Mobile Broadband currently holds the largest share, significantly outperforming other segments with its widespread adoption across various sectors. This segment is favored for its high speeds and low latency, appealing primarily to consumers and businesses engaging in bandwidth-intensive applications. In contrast, Fixed Wireless Access is rapidly expanding due to its ability to serve areas lacking fiber connectivity, becoming a vital solution in addressing the digital divide. The growing demand for seamless connectivity and the emergence of IoT applications are driving the growth of Massive Machine-Type Communications. This segment is increasingly recognized for its ability to connect a vast number of devices, making it essential for smart city initiatives and industrial automation. Meanwhile, Extreme Mobile Broadband continues to dominate, supported by consumers' insatiable appetite for mobile data. The competition among service providers to enhance network capabilities further accelerates the overall growth of the segment.

    Extreme Mobile Broadband (Dominant) vs. Fixed Wireless Access (Emerging)

    Extreme Mobile Broadband stands out as the dominant communication type in the US 5g service market, thanks to its capacity to deliver exceptional data transfer rates ideal for streaming, gaming, and various enterprise applications. Its current infrastructure and the extensive spectrum allocations ensure optimal performance and user experience. Fixed Wireless Access, on the other hand, is an emerging solution primarily focused on delivering broadband service to underserved rural and suburban areas. Leveraging 5g technology, it significantly reduces the requirement for wired installations, thereby offering an attractive alternative to traditional broadband methods. This segment's flexibility and adaptability, combined with ongoing investments from telecommunications providers, position it as a critical player in expanding accessibility to high-speed internet, complementing the dominant presence of Extreme Mobile Broadband.

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

    In the US 5G Service Market, Wi-Fi holds the largest share, significantly influencing the overall dynamics of the segment. Its robust infrastructure and widespread adoption across homes and businesses facilitate seamless connectivity, creating a strong foothold. On the other hand, Radio Access Technologies are experiencing rapid growth, driven by the demand for higher speeds and enhanced network performance. This segment is gaining traction as service providers invest in upgrading their networks to meet user expectations. The growth trends in this segment are primarily fueled by the increasing dependence on digital services and mobile connectivity among consumers. The rising number of IoT devices and applications is pushing the demand for high-speed internet access, propelling Radio Access Technologies to the forefront. Additionally, Wi-Fi technology continues to expand, supporting more users and devices, which solidifies its dominance. Service providers focused on improving coverage and throughput are crucial to shaping the competitive landscape in the US 5g service market.

    Technology: Wi-Fi (Dominant) vs. Radio Access Technologies (Emerging)

    Wi-Fi stands as the dominant technology in the US 5g service market, characterized by its established infrastructure and extensive user base. Its ability to provide high-speed internet access in varied settings makes it an essential component for both residential and commercial sectors. In contrast, Radio Access Technologies represent an emerging force, poised for significant growth as they cater to the evolving needs for faster connectivity and support for a greater number of devices. These technologies, including advanced antenna systems and enhanced signal processing, are being increasingly adopted to meet the demands of modern applications. As users seek efficient and reliable connections, both segments are expected to evolve, with each playing a unique role in the shaping of future networking solutions.

    By Vertical: Healthcare (Largest) vs. Automotive (Fastest-Growing)

    In the US 5g service market, the healthcare sector is currently the largest segment, accounting for a significant share due to its increasing reliance on advanced communication technologies for telemedicine, remote patient monitoring, and healthcare management. Following closely, the automotive sector is rapidly emerging, fueled by the growing integration of 5g in smart vehicles, enhancing connectivity and enabling advanced features such as autonomous driving and real-time data processing. The growth trends within these segments highlight a strong demand for high-speed, low-latency connectivity, especially in healthcare where reliable communication can lead to improved patient outcomes. The automotive sector's rapid development is driven by innovations in autonomous and connected car technologies, pushing manufacturers to adopt 5g solutions to enhance user experiences and implement safety measures. Both segments are also influenced by regulatory support and investments aimed at expanding infrastructure.

    Healthcare: Telemedicine (Dominant) vs. Automotive: Smart Vehicles (Emerging)

    Telemedicine within the healthcare segment represents a dominant force in the US 5g service market, as it leverages enhanced connectivity to provide remote consultations, diagnostics, and care management. This not only broadens access to healthcare but also optimizes operational efficiency within healthcare facilities. In contrast, smart vehicles in the automotive sector are an emerging value, showcasing rapid innovations aimed at integrating real-time communication technologies for better navigation, traffic management, and vehicle-to-everything (V2X) communication. While telemedicine emphasizes improving patient care, smart vehicles highlight advancements in mobility that require seamless connectivity, making both sectors critical in the evolution of the US 5g service market.

    Get more detailed insights about US 5G Service Market

    Key Players and Competitive Insights

    The 5g service market is currently characterized by intense competition and rapid technological advancements. Key growth drivers include the increasing demand for high-speed connectivity, the proliferation of IoT devices, and the ongoing digital transformation across various sectors. Major players such as AT&T (US), Verizon (US), and Qualcomm (US) are strategically positioned to leverage their extensive infrastructure and technological expertise. AT&T (US) focuses on expanding its 5g network coverage while enhancing customer experience through innovative service offerings. Verizon (US) emphasizes partnerships with technology firms to enhance its service capabilities, while Qualcomm (US) is heavily invested in developing advanced chipsets that support 5g applications, thereby shaping a competitive environment that prioritizes innovation and customer-centric solutions.

    In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure appears moderately fragmented, with several key players exerting substantial influence. This fragmentation allows for a diverse range of service offerings, yet the collective strength of major companies like AT&T (US) and Verizon (US) creates a competitive dynamic that drives innovation and service improvements across the board.

    In October 2025, AT&T (US) announced a strategic partnership with a leading cloud service provider to enhance its 5g offerings. This collaboration aims to integrate cloud computing capabilities with 5g services, potentially enabling businesses to leverage real-time data analytics and improve operational efficiencies. Such a move underscores AT&T's commitment to not only expanding its network but also enhancing the value proposition for enterprise customers, thereby solidifying its competitive edge in the market.

    In September 2025, Verizon (US) launched a new initiative focused on enhancing its 5g network's security features. This initiative is particularly significant as it addresses growing concerns regarding cybersecurity in an increasingly connected world. By prioritizing security, Verizon (US) aims to build trust with consumers and businesses alike, positioning itself as a leader in secure 5g solutions, which could be a critical differentiator in the competitive landscape.

    In August 2025, Qualcomm (US) unveiled a new chipset designed specifically for 5g applications, which promises to enhance device performance and connectivity. This development is crucial as it not only strengthens Qualcomm's position in the semiconductor market but also supports the broader ecosystem of 5g-enabled devices. By continuously innovating its product offerings, Qualcomm (US) is likely to maintain a competitive advantage, particularly as demand for advanced 5g applications continues to grow.

    As of November 2025, current trends in the 5g service market include a strong emphasis on digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are increasingly shaping the competitive landscape, fostering innovation and collaborative solutions. Looking ahead, it appears that competitive differentiation will evolve from traditional price-based strategies to a focus on technological innovation, reliability of supply chains, and enhanced customer experiences. This shift may redefine how companies compete, emphasizing the importance of agility and responsiveness in a rapidly changing market.

    Key Companies in the US 5G Service Market market include

    Future Outlook

    US 5G Service Market Future Outlook

    The 5G service market is projected to grow at a 24.7% CAGR from 2024 to 2035, driven by increased demand for high-speed connectivity and IoT applications.

    New opportunities lie in:

    • Development of smart city infrastructure leveraging 5G connectivity.
    • Expansion of telehealth services utilizing real-time data transmission.
    • Creation of immersive AR/VR experiences for remote training and education.

    By 2035, the 5G service market is expected to be a cornerstone of digital transformation.

    Market Segmentation

    US 5G Service Market Vertical Outlook

    • Energy and Utilities
    • Automotive
    • Healthcare
    • Others

    US 5G Service Market Technology Outlook

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

    US 5G Service Market Service Type Outlook

    • Professional Services
    • Managed Services

    US 5G Service Market Communication Type Outlook

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

    Report Scope

    MARKET SIZE 2024 7.5(USD Billion)
    MARKET SIZE 2025 9.35(USD Billion)
    MARKET SIZE 2035 85.0(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 24.7% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Huawei (CN), Ericsson (SE), Nokia (FI), Samsung (KR), Qualcomm (US), AT&T (US), Verizon (US), T-Mobile (DE), China Mobile (CN)
    Segments Covered Service Type, Communication Type, Technology, Vertical
    Key Market Opportunities Expansion of Internet of Things applications driving demand in the 5g service market.
    Key Market Dynamics Intensifying competition among providers drives innovation and service differentiation in the 5G service market.
    Countries Covered US

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    FAQs

    What is the expected market size of the US 5G Service Market in 2024?

    The US 5G Service Market is expected to be valued at 7.5 USD Billion in 2024.

    What will be the projected market value of the US 5G Service Market by 2035?

    By 2035, the US 5G Service Market is projected to reach a value of 92.5 USD Billion.

    What is the compound annual growth rate (CAGR) for the US 5G Service Market from 2025 to 2035?

    The expected CAGR for the US 5G Service Market from 2025 to 2035 is 25.658%.

    Which segment of the US 5G Service Market is expected to lead in terms of value by 2035?

    By 2035, Managed Services within the US 5G Service Market is expected to lead with a value of 61.0 USD Billion.

    What is the expected market size for Professional Services in the US 5G Service Market in 2024?

    In 2024, the market size for Professional Services is anticipated to be 2.5 USD Billion.

    Who are some of the key players in the US 5G Service Market?

    Key players in the US 5G Service Market include TMobile USA, Verizon, AT and T, and Sprint, among others.

    How much is the Managed Services segment expected to be valued at in 2035?

    The Managed Services segment is expected to be valued at 61.0 USD Billion in 2035.

    What major trends are influencing the growth of the US 5G Service Market?

    Key trends include increasing demand for high-speed internet, deployment of IoT applications, and advancements in mobile technology.

    What potential challenges could impact the growth of the US 5G Service Market?

    Challenges include regulatory hurdles, high deployment costs, and potential spectrum allocation issues.

    How are current geopolitical scenarios affecting the US 5G Service Market?

    Current geopolitical scenarios could impact supply chain dynamics and investment in infrastructure within the US 5G Service Market.

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