United States (US) Mobile Phones Market Summary, Competitive Analysis and Forecast to 2027
Summary
Mobile Phones in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The Mobile Phones market includes mobile phone service revenues and average minutes of use (MOU). Market values are made up of total mobile revenues containing revenues from mobile service providers and other members of the mobile service value-chain for the provision of mobile telephony services, excluding revenues from the sale of devices. Market volumes are made up of two segments: prepaid and postpaid, which consist of prepaid average monthly MOU and postpaid average monthly MOU. Minutes of use are made up from the average of voice minutes used in mobile subscriptions, including both incoming and outgoing calls, but not including M2M/IoT voice services.
- The US mobile phones market had total revenues of $200.3 billion in 2022, representing a compound annual growth rate (CAGR) of 1.1% between 2017 and 2022.
- Market consumption volume increased with a CAGR of 0.8% between 2017 and 2022, to reach a total of 1,628.6 average MOU in 2022.
- According to GSMA, in 2021, 15% of the country’s population was having access to a 5G network and the same is forecasted to reach 68% by 2025.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the mobile phones market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the mobile phones market in the United States
- Leading company profiles reveal details of key mobile phones market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States mobile phones market with five year forecasts
- What was the size of the United States mobile phones market by value in 2022?
- What will be the size of the United States mobile phones market in 2027?
- What factors are affecting the strength of competition in the United States mobile phones market?
- How has the market performed over the last five years?
- Who are the top competitors in the United States' mobile phones market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do leading players follow?
- 7.3. Have there been any significant mergers or acquisitions in recent years?
- 8 Company Profiles
- 8.1. Verizon Communications Inc.
- 8.2. AT&T Inc
- 8.3. T-Mobile US, Inc.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United States mobile phones market value: $ billion, 2017–22
- Table 2: United States mobile phones market volume: Average MOU, 2017–22
- Table 3: United States mobile phones market category segmentation: % share, by volume, 2017–2022
- Table 4: United States mobile phones market category segmentation: Average MOU, 2017-2022
- Table 5: United States mobile phones market geography segmentation: $ billion, 2022
- Table 6: United States mobile phones market value forecast: $ billion, 2022–27
- Table 7: United States mobile phones market volume forecast: Average MOU, 2022–27
- Table 8: Verizon Communications Inc.: key facts
- Table 9: Verizon Communications Inc.: Annual Financial Ratios
- Table 10: Verizon Communications Inc.: Key Employees
- Table 11: Verizon Communications Inc.: Key Employees Continued
- Table 12: AT&T Inc: key facts
- Table 13: AT&T Inc: Annual Financial Ratios
- Table 14: AT&T Inc: Key Employees
- Table 15: AT&T Inc: Key Employees Continued
- Table 16: T-Mobile US, Inc.: key facts
- Table 17: T-Mobile US, Inc.: Annual Financial Ratios
- Table 18: T-Mobile US, Inc.: Key Employees
- Table 19: T-Mobile US, Inc.: Key Employees Continued
- Table 20: United States size of population (million), 2018–22
- Table 21: United States gdp (constant 2005 prices, $ billion), 2018–22
- Table 22: United States gdp (current prices, $ billion), 2018–22
- Table 23: United States inflation, 2018–22
- Table 24: United States consumer price index (absolute), 2018–22
- Table 25: United States exchange rate, 2018–22
- List of Figures
- Figure 1: United States mobile phones market value: $ billion, 2017–22
- Figure 2: United States mobile phones market volume: Average MOU, 2017–22
- Figure 3: United States mobile phones market category segmentation: Average MOU, 2017-2022
- Figure 4: United States mobile phones market geography segmentation: % share, by value, 2022
- Figure 5: United States mobile phones market value forecast: $ billion, 2022–27
- Figure 6: United States mobile phones market volume forecast: Average MOU, 2022–27
- Figure 7: Forces driving competition in the mobile phones market in the United States, 2022
- Figure 8: Drivers of buyer power in the mobile phones market in the United States, 2022
- Figure 9: Drivers of supplier power in the mobile phones market in the United States, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the mobile phones market in the United States, 2022
- Figure 11: Factors influencing the threat of substitutes in the mobile phones market in the United States, 2022
- Figure 12: Drivers of degree of rivalry in the mobile phones market in the United States, 2022
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook