5G Services

5G Services

Global 5G Services Market to Reach $3.1 Trillion by 2030
In the changed post COVID-19 business landscape, the global market for 5G Services estimated at US$168.4 Billion in the year 2022, is projected to reach a revised size of US$3.1 Trillion by 2030, growing at aCAGR of 44.2% over the period 2022-2030. Enhanced Mobile Broadband (eMBB), one of the segments analyzed in the report, is projected to record 44.2% CAGR and reach US$1.4 Trillion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fixed Wireless Access (FWA) segment is readjusted to a revised 44.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $51.1 Billion, While China is Forecast to Grow at 41.2% CAGR
The 5G Services market in the U.S. is estimated at US$51.1 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$476.2 Billion by the year 2030 trailing a CAGR of 41.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 38% and 35% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 24.9% CAGR.Select Competitors (Total 36 Featured) - AT&T Inc.Bharti Airtel LimitedBT GroupChina MobileChina Telecom Corporation LimitedDeutsche TelekomDUKT CorporationNTT DocomoSaudi Telecom CompanySK TelecomSprintTelecom ItaliaTelstraVerizon Communications Inc.Vodafone GroupPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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