Global 5G Network Service Market Growth (Status and Outlook) 2024-2030

Global 5G Network Service Market Growth (Status and Outlook) 2024-2030

5G network service refers to the fifth generation of mobile network technology designed to provide faster and more reliable communication services compared to previous generations (4G, 3G, etc.). It promises significantly higher data speeds, lower latency (the time it takes for data to travel between devices), and the ability to connect a vast number of devices simultaneously.

The global 5G Network Service market size is projected to grow from US$ 524520 million in 2024 to US$ 1063960 million in 2030; it is expected to grow at a CAGR of 12.5% from 2024 to 2030.

LPI (LP Information)' newest research report, the “5G Network Service Industry Forecast” looks at past sales and reviews total world 5G Network Service sales in 2022, providing a comprehensive analysis by region and market sector of projected 5G Network Service sales for 2023 through 2029. With 5G Network Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 5G Network Service industry.

This Insight Report provides a comprehensive analysis of the global 5G Network Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on 5G Network Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global 5G Network Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 5G Network Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 5G Network Service.

United States market for 5G Network Service is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for 5G Network Service is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for 5G Network Service is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key 5G Network Service players cover China Mobile, T-Mobile, AT&T, Verizon, China Unicom, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of 5G Network Service market by product type, application, key players and key regions and countries.

Segmentation by Type:
Mobile Network
Fixed Network

Segmentation by Application:
Media Entertainment
Smart Energy
Industrial Manufacturing
Smart Medical
Smart Transportation
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Mobile Network
Fixed Network

Segmentation by Application:
Media Entertainment
Smart Energy
Industrial Manufacturing
Smart Medical
Smart Transportation
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
China Mobile
T-Mobile
AT&T
Verizon
China Unicom
Telefónica
Vodafone Group
NTT DoCoMo
Orange
SK Telecom
LG

Please note: The report will take approximately 2 business days to prepare and deliver.