Global 5G Services Market Insights, Forecast to 2028

Global 5G Services Market Insights, Forecast to 2028

Market Analysis and Insights: Global 5G ServicesMarket
The global 5G Services market size is projected to reach US$ 490 billion by 2028, from US$ 67 billion in 2021, at a CAGR of 29.91% during 2022-2028.

Fully considering the economic change by this health crisis, EMBB (Enhance Mobile Broadband) accounting for 42.84% of the 5G Services global market in 2021, is projected to value US$ 151 billion by 2028, growing at a revised 27.01% CAGR between 2022 and 2028. While Telecom segment is altered to an 34.34% CAGR throughout this forecast period.

China 5G Services market size is valued at US$ 8.98 billion in 2021, while the North America and Europe 5G Services are US$ 19.27 billion and US$ 27.55 billion, severally. The proportion of the North America is 28.89% in 2021, while China and Europe are 13.46% and 41.30% respectively, and it is predicted that China proportion will reach 17.51% in 2028, trailing a CAGR of 34.23% through the analysis period. Japan and South Korea are noteworthy markets in Asia, with CAGR 32.62% and 25.57% respectively for the next 6-year period. As for the Europe 5G Services landscape, Germany is projected to reach US$ 40.16 billion by 2028 trailing a CAGR of 26.52% over the forecast period.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global 5G Services market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global 5G Services market in terms of revenue.

Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global 5G Services market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global 5G Services market.

Global 5G Services Scope and Market Size

5G Services market is segmented by players, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global 5G Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2019-2028.


By Company
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

Segment by Type
EMBB (Enhance Mobile Broadband)
URLLC (Ultra Reliable Low Latency Communications)
MMTC (Massive Machine Type Communications)

Segment by Application
Telecom
Media & Entertainment
Manufacturing
Transportation
Retail and Logistics
Healthcare
Public Services
BFSI
Others

By Region
North America
United States
Rest of North America

Asia-Pacific
China
Japan
South Korea
Rest of Asia

Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe

South America

Middle East & Africa