According to our (Global Info Research) latest study, the global 5G Services market size was valued at US$ 10500 million in 2024 and is forecast to a readjusted size of USD 61990 million by 2031 with a CAGR of 29.2% during review period.
5G is the 5th generation mobile network. It is a new global wireless standard after 1G, 2G, 3G, and 4G networks. 5G enables a new kind of network that is designed to connect virtually everyone and everything together including machines, objects, and devices. 5G wireless technology is meant to deliver higher multi-Gbps peak data speeds, ultra low latency, more reliability, massive network capacity, increased availability, and a more uniform user experience to more users. Higher performance and improved efficiency empower new user experiences and connects new industries. 5G is a unified, more capable air interface. It has been designed with an extended capacity to enable next-generation user experiences, empower new deployment models and deliver new services. With high speeds, superior reliability and negligible latency, 5G will expand the mobile ecosystem into new realms. 5G will impact every industry, making safer transportation, remote healthcare, precision agriculture, digitized logistics — and more — a reality.
Ericsson and Huawei are the top 2 companies in global 5G services market and account for about 20% of total market share. Geographically speaking, Europe holds about 40% of global market share, followed by North America with about 30% share. In terms of type, eMBB (Enhance Mobile Broadband) segment holds an main share of about 40%. In terms of application, manufacturing segment account for over 30% of the global share.
This report is a detailed and comprehensive analysis for global 5G Services market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global 5G Services market size and forecasts, in consumption value ($ Million), 2020-2031
Global 5G Services market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global 5G Services market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global 5G Services market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for 5G Services
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global 5G Services market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ericsson, Huawei, Nokia, Samsung, ZTE, China Mobile, China Telecom, China Unicom, Verizon, AT&T, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
5G Services market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
eMBB (Enhance Mobile Broadband)
uRLLC (Ultra Reliable Low Latency Communications)
mMTC (Massive Machine Type Communications)
Market segment by Application
Telecom
Media & Entertainment
Manufacturing
Transportation
Retail and Logistics
Healthcare
Public Services
BFSI
Others
Market segment by players, this report covers
Ericsson
Huawei
Nokia
Samsung
ZTE
China Mobile
China Telecom
China Unicom
Verizon
AT&T
Deutsche Telekom AG
Vodafone Group
SK Telecom
NTT
KT Corporation
NEC
Fujitsu
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe 5G Services product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of 5G Services, with revenue, gross margin, and global market share of 5G Services from 2020 to 2025.
Chapter 3, the 5G Services competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and 5G Services market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of 5G Services.
Chapter 13, to describe 5G Services research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook