5G Services Market Size and Forecast (2021-2031)

5G Services Market Size and Forecast (2021-2031)

5G Services Market Size and Forecast (2021 – 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type [Enhanced Mobile Broadband (eMBB), Massive Machine-Type Communications (mMTC), Ultra-Reliable Low Latency (uRLLC), Fixed Wireless Access (FWA)], End User [Enterprises, (IT & Telecom, Manufacturing, Healthcare, BFSI, Retail & E-commerce, and Others) and Consumers], and Geography

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Description

The 5G services market size was valued at US$ 86.22 billion in 2023 and is expected to reach US$ 3244.40 billion by 2031; it is estimated to record a CAGR of 57.4% from 2023 to 2031.

The 5G services market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. Asia Pacific dominated the market in 2023, followed by North America and Europe, respectively. Asia Pacific is an early adopter of 5G, with countries such as South Korea, Taiwan, Japan, and China seeming to be ahead in the 5G wave. Other countries, including India, Indonesia, and Vietnam, are developing significantly. According to the GSMA survey, Asia Pacific mobile providers plan to invest US$ 227 billion in 5G installations from 2022 to 2025. New networks enable innovative consumer services, alter business and production, and boost economic growth. China is now the world’s largest 5G market, with an anticipated 1.5 billion 5G subscribers were in 2023, which is expected to rise to 3.3 billion by the end of 2028, driven by investments and legislative measures to build 5G networks and increase the adoption of 5G. In March 2023, China’s MIIT said that it would construct 2.9 million 5G base stations by 2023 and 3.6 million by 2025 to boost 5G coverage to rural regions and industrial parks. This is due to the key 5G service providers operating in the region, such as Nokia Corporation (Finland); Samsung Electronics Co., Ltd. (South Korea); LG Electronics Inc. (South Korea); and Huawei Investment & Holding Co., Ltd (China).

In terms of end user, the 5G services market is segmented into enterprises and consumers. The enterprises segment held the largest 5G services market share. Constant technological advancements supports the adoption of 5G technology by companies operating in IT & telecom, manufacturing, healthcare, BFSI, retail & e-commerce, and other industries. 5G’s lower latency and higher bandwidth will allow organizations to manage more devices and apps at the same time. This allows for faster and more effective data transfer, leading to improved productivity and better customer experiences.

With the help of 5G technology, customers were able to download large files in a short time, play online games with less latency, and stream high-quality videos with minimal buffering. Customers will also benefit from 5G in the fields of virtual reality (VR) and augmented reality (AR). Higher bandwidth applications such as 4K and 8K streaming or 360-degree video will enable high-quality, immersive experiences at real-time speeds for consumers using 5G. With the advent of 5G, consumers increasingly focused on improving various sectors such as travel, media & entertainment, home security, and automation.

Verizon Communications Inc, Huawei Technologies Co Ltd, Telefonaktiebolaget LM Ericsson, Nokia Corp, Samsung Electronics Co Ltd, ZTE Cop, Vodafone Group Plc, Orange SA, Deutsche Telekom AG, and China Mobile Limited are among the key 5G services market players that are profiled in this market study.

The overall 5G services market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the 5G services market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the 5G services market.

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According to our latest study on “5G Services Market Size and Forecasts (2021 – 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis – by type, and end user,” the 5G services market size was valued at US$ 86.22 billion in 2023 and is expected to reach US$ 3244.40 billion by 2031; it is estimated to record a CAGR of 57.4% from 2023 to 2031.

The 5G services market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. North America dominated the market in 2023, followed by Europe and APAC, respectively. The Europe 5G services market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. In terms of revenue, Germany dominated the 5G services market share. The presence of a strong industrial base in Germany is driving the adoption of 5G services to support Industry 4.0 initiatives. The integration of 5G in manufacturing processes, logistics, and automation is a key driver for companies seeking to enhance production efficiency. The Gigabit Strategy 2030 initiative in Germany aims to expand fiber-to-the-home/business (FTTH/B) and mobile broadband, including 5G network expansion to half the population by 2025 and achieving nationwide coverage by 2030. The increasing adoption of Internet of Things (IoT) devices is driving the demand for 5G services, as 5G networks can support the connectivity requirements of a large number of IoT devices. In February 2024, Telefonica Germany (O2 Telefonica) expanded its 5G services across Germany along motorways and railways. The corporation stated that it will build new 5G communication facilities covering over 14,000 kilometers of roads, highways, and trains by the end of 2023. Currently, Telefonica’s 5G network serves over 95% of the German population.

The UK was one of the first markets to introduce 5G services internationally, with EE (formerly Everything Everywhere) introducing it in May 2019. Since then, despite UK operators stepping up 5G investment, the market has been competitive to many other European markets in terms of 5G performance. The UK 5G services market is driven by the growing adoption of wireless communications technologies among consumers. UK residents and companies value communication services and expect them to be accessible from any location. Consumers are increasingly adopting wireless networks for data-intensive activities such as watching videos. Moreover, services such as augmented reality and virtual reality will demand quicker speeds, increased capacity, and lower latency. Government financing for 5G services supported small-scale studies demonstrating novel use cases and installations. The major investment was US$ 255 million (GBP 200 million) for the testbeds and trials program, which supported 5G trial initiatives in several industries to discover possibilities, build business models, and better understand deployment problems.

Key Findings of 5G Services Market Study:

The 5G services market is segmented into type, and end user. Based on type, the 5G services market is bifurcated into enhanced mobile broadband (eMBB), massive machine-type communications (mMTC), ultra-reliable low latency (uRLLC), and fixed wireless access (FWA). In terms of end user, the 5G services market is segmented into enterprises and consumers. By geography, the 5G services market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and South & Central America.

In terms of end user, the 5G services market is segmented into enterprises and consumers. The enterprises segment held the largest 5G services market share. Constant technological advancements supports the adoption of 5G technology by companies operating in IT & telecom, manufacturing, healthcare, BFSI, retail & e-commerce, and other industries. 5G’s lower latency and higher bandwidth will allow organizations to manage more devices and apps at the same time. This allows for faster and more effective data transfer, leading to improved productivity and better customer experiences.

In the fast-paced digital world, mobile communication has become an integral part of daily life. As technology continues to evolve, so does the way we use our mobile devices. The introduction of 5G technology is set to revolutionize the way consumers communicate, work, and live. The IT & telecom industry is greatly impacted by 5G technology. It is anticipated to improve user experience, enable enormous machine-type communications, and boost the capacity and efficiency of mobile networks. To deploy 5G, IT and telecom providers will need to upgrade their networks to support the new technology.

Businesses in the manufacturing and industrial sectors leverage 5G’s low latency and higher capacity to support smart machines, automated robotics, and Industrial IoT (IIoT) sensors within the manufacturing facility. The power of 5G technology plays a crucial role across the entire manufacturing value chain. 5G has much faster data throughput than Wi-Fi or any other cellular wireless technology, up to 10 Gbps. This has enormous implications for manufacturing applications that are mission critical. 5G supports a massive number of sensors and devices, enhancing IoT’s capacity and paving the way for establishing huge connected factories. Smart factories are the future of manufacturing as IoT and 5G will improve resilience and agility in manufacturing operations.

Verizon Communications Inc, Huawei Technologies Co Ltd, Telefonaktiebolaget LM Ericsson, Nokia Corp, Samsung Electronics Co Ltd, ZTE Cop, Vodafone Group Plc, Orange SA, Deutsche Telekom AG, and China Mobile Limited are among the key players profiled in the 5G services market report. Several other major players were studied and analyzed during the 5G services market analysis to get a holistic view of the market and its ecosystem. The 5G services market also provides detailed market insights, which help the key players strategize their growth. The report includes growth prospects owing to the current 5G services market trends and their foreseeable impact during the forecast period.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the 5G services market
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations, such as specific country and segmental insight, highlight crucial progressive industry trends in the 5G services market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

TABLE OF CONTENTS

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. 5G Services Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in Value Chain
5. 5G Services Market – Key Market Dynamics
5.1 5G Services Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Increasing Number of 5G Subscribers
5.2.2 Rising Government Initiatives to Promote Deployment of 5G
5.3 Market Restraints
5.3.1 High Initial Cost
5.4 Market Opportunities
5.4.1 Increase in Adoption of IoT Devices
5.4.2 Digital Transformation
5.5 Trends
5.5.1 Standalone 5G Network Infrastructure
5.6 Impact of Drivers and Restraints:
6. 5G Services Market – Global Market Analysis
6.1 5G Services Market Revenue (US$ Million), 2021–2031
6.2 5G Services Market Forecast Analysis
7. 5G Services Market Analysis – by Type
7.1 Enhanced Mobile Broadband (eMBB)
7.1.1 Overview
7.1.2 Enhanced Mobile Broadband (eMBB): 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Massive Machine-Type Communications (mMTC)
7.2.1 Overview
7.2.2 Massive Machine-Type Communications (mMTC): 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Ultra-Reliable Low Latency (uRLLC)
7.3.1 Overview
7.3.2 Ultra-Reliable Low Latency (uRLLC): 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
7.4 Fixed Wireless Access (FWA)
7.4.1 Overview
7.4.2 Fixed Wireless Access (FWA): 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
8. 5G Services Market Analysis – by End User
8.1 Enterprises
8.1.1 Overview
8.1.2 Enterprises: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
8.1.3 IT and Telecom
8.1.3.1 Overview
8.1.3.2 IT and Telecom: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
8.1.4 Manufacturing
8.1.4.1 Overview
8.1.4.2 Manufacturing: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
8.1.5 Healthcare
8.1.5.1 Overview
8.1.5.2 Healthcare: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
8.1.6 BFSI
8.1.6.1 Overview
8.1.6.2 BFSI: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
8.1.7 Retail & Ecommerce
8.1.7.1 Overview
8.1.7.2 Retail & Ecommerce: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
8.1.8 Others
8.1.8.1 Overview
8.1.8.2 Others: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Consumers
8.2.1 Overview
8.2.2 Consumers: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9. 5G Services Market – Geographical Analysis
9.1 Overview
9.2 North America
9.2.1 North America 5G Services Market Overview
9.2.2 North America: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.2.3 North America: 5G Services Market Breakdown, by Type
9.2.3.1 North America: 5G Services Market – Revenue and Forecast Analysis – by Type
9.2.4 North America: 5G Services Market Breakdown, by End User
9.2.4.1 North America: 5G Services Market – Revenue and Forecast Analysis – by End User
9.2.5 North America: 5G Services Market Breakdown, by Enterprises
9.2.5.1 North America: 5G Services Market – Revenue and Forecast Analysis – by Enterprises
9.2.6 North America: 5G Services Market – Revenue and Forecast Analysis – by Country
9.2.6.1 North America: 5G Services Market – Revenue and Forecast Analysis – by Country
9.2.6.2 United States: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.2.6.2.1 United States: 5G Services Market Breakdown, by Type
9.2.6.2.2 United States: 5G Services Market Breakdown, by End User
9.2.6.2.3 United States: 5G Services Market Breakdown, by Enterprises
9.2.6.3 Canada: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.2.6.3.1 Canada: 5G Services Market Breakdown, by Type
9.2.6.3.2 Canada: 5G Services Market Breakdown, by End User
9.2.6.3.3 Canada: 5G Services Market Breakdown, by Enterprises
9.2.6.4 Mexico: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.2.6.4.1 Mexico: 5G Services Market Breakdown, by Type
9.2.6.4.2 Mexico: 5G Services Market Breakdown, by End User
9.2.6.4.3 Mexico: 5G Services Market Breakdown, by Enterprises
9.3 Europe
9.3.1 Europe 5G Services Market Overview
9.3.2 Europe: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.3.3 Europe: 5G Services Market Breakdown, by Type
9.3.3.1 Europe: 5G Services Market – Revenue and Forecast Analysis – by Type
9.3.4 Europe: 5G Services Market Breakdown, by End User
9.3.4.1 Europe: 5G Services Market – Revenue and Forecast Analysis – by End User
9.3.5 Europe: 5G Services Market Breakdown, by Enterprises
9.3.5.1 Europe: 5G Services Market – Revenue and Forecast Analysis – by Enterprises
9.3.6 Europe: 5G Services Market – Revenue and Forecast Analysis – by Country
9.3.6.1 Europe: 5G Services Market – Revenue and Forecast Analysis – by Country
9.3.6.2 Germany: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.3.6.2.1 Germany: 5G Services Market Breakdown, by Type
9.3.6.2.2 Germany: 5G Services Market Breakdown, by End User
9.3.6.2.3 Germany: 5G Services Market Breakdown, by Enterprises
9.3.6.3 United Kingdom: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.3.6.3.1 United Kingdom: 5G Services Market Breakdown, by Type
9.3.6.3.2 United Kingdom: 5G Services Market Breakdown, by End User
9.3.6.3.3 United Kingdom: 5G Services Market Breakdown, by Enterprises
9.3.6.4 France: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.3.6.4.1 France: 5G Services Market Breakdown, by Type
9.3.6.4.2 France: 5G Services Market Breakdown, by End User
9.3.6.4.3 France: 5G Services Market Breakdown, by Enterprises
9.3.6.5 Italy: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.3.6.5.1 Italy: 5G Services Market Breakdown, by Type
9.3.6.5.2 Italy: 5G Services Market Breakdown, by End User
9.3.6.5.3 Italy: 5G Services Market Breakdown, by Enterprises
9.3.6.6 Russia: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.3.6.6.1 Russia: 5G Services Market Breakdown, by Type
9.3.6.6.2 Russia: 5G Services Market Breakdown, by End User
9.3.6.6.3 Russia: 5G Services Market Breakdown, by Enterprises
9.3.6.7 Rest of Europe: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.3.6.7.1 Rest of Europe: 5G Services Market Breakdown, by Type
9.3.6.7.2 Rest of Europe: 5G Services Market Breakdown, by End User
9.3.6.7.3 Rest of Europe: 5G Services Market Breakdown, by Enterprises
9.4 Asia Pacific
9.4.1 Asia Pacific 5G Services Market Overview
9.4.2 Asia Pacific: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.4.3 Asia Pacific: 5G Services Market Breakdown, by Type
9.4.3.1 Asia Pacific: 5G Services Market – Revenue and Forecast Analysis – by Type
9.4.4 Asia Pacific: 5G Services Market Breakdown, by End User
9.4.4.1 Asia Pacific: 5G Services Market – Revenue and Forecast Analysis – by End User
9.4.5 Asia Pacific: 5G Services Market Breakdown, by Enterprises
9.4.5.1 Asia Pacific: 5G Services Market – Revenue and Forecast Analysis – by Enterprises
9.4.6 Asia Pacific: 5G Services Market – Revenue and Forecast Analysis – by Country
9.4.6.1 Asia Pacific: 5G Services Market – Revenue and Forecast Analysis – by Country
9.4.6.2 China: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.4.6.2.1 China: 5G Services Market Breakdown, by Type
9.4.6.2.2 China: 5G Services Market Breakdown, by End User
9.4.6.2.3 China: 5G Services Market Breakdown, by Enterprises
9.4.6.3 Japan: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.4.6.3.1 Japan: 5G Services Market Breakdown, by Type
9.4.6.3.2 Japan: 5G Services Market Breakdown, by End User
9.4.6.3.3 Japan: 5G Services Market Breakdown, by Enterprises
9.4.6.4 South Korea: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.4.6.4.1 South Korea: 5G Services Market Breakdown, by Type
9.4.6.4.2 South Korea: 5G Services Market Breakdown, by End User
9.4.6.4.3 South Korea: 5G Services Market Breakdown, by Enterprises
9.4.6.5 India: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.4.6.5.1 India: 5G Services Market Breakdown, by Type
9.4.6.5.2 India: 5G Services Market Breakdown, by End User
9.4.6.5.3 India: 5G Services Market Breakdown, by Enterprises
9.4.6.6 Australia: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.4.6.6.1 Australia: 5G Services Market Breakdown, by Type
9.4.6.6.2 Australia: 5G Services Market Breakdown, by End User
9.4.6.6.3 Australia: 5G Services Market Breakdown, by Enterprises
9.4.6.7 Rest of APAC: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.4.6.7.1 Rest of APAC: 5G Services Market Breakdown, by Type
9.4.6.7.2 Rest of APAC: 5G Services Market Breakdown, by End User
9.4.6.7.3 Rest of APAC: 5G Services Market Breakdown, by Enterprises
9.5 Middle East and Africa
9.5.1 Middle East and Africa 5G Services Market Overview
9.5.2 Middle East and Africa: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.5.3 Middle East and Africa: 5G Services Market Breakdown, by Type
9.5.3.1 Middle East and Africa: 5G Services Market – Revenue and Forecast Analysis – by Type
9.5.4 Middle East and Africa: 5G Services Market Breakdown, by End User
9.5.4.1 Middle East and Africa: 5G Services Market – Revenue and Forecast Analysis – by End User
9.5.5 Middle East and Africa: 5G Services Market Breakdown, by Enterprises
9.5.5.1 Middle East and Africa: 5G Services Market – Revenue and Forecast Analysis – by Enterprises
9.5.6 Middle East and Africa: 5G Services Market – Revenue and Forecast Analysis – by Country
9.5.6.1 Middle East and Africa: 5G Services Market – Revenue and Forecast Analysis – by Country
9.5.6.2 Saudi Arabia: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.5.6.2.1 Saudi Arabia: 5G Services Market Breakdown, by Type
9.5.6.2.2 Saudi Arabia: 5G Services Market Breakdown, by End User
9.5.6.2.3 Saudi Arabia: 5G Services Market Breakdown, by Enterprises
9.5.6.3 United Arab Emirates: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.5.6.3.1 United Arab Emirates: 5G Services Market Breakdown, by Type
9.5.6.3.2 United Arab Emirates: 5G Services Market Breakdown, by End User
9.5.6.3.3 United Arab Emirates: 5G Services Market Breakdown, by Enterprises
9.5.6.4 South Africa: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.5.6.4.1 South Africa: 5G Services Market Breakdown, by Type
9.5.6.4.2 South Africa: 5G Services Market Breakdown, by End User
9.5.6.4.3 South Africa: 5G Services Market Breakdown, by Enterprises
9.5.6.5 Rest of Middle East and Africa: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.5.6.5.1 Rest of Middle East and Africa: 5G Services Market Breakdown, by Type
9.5.6.5.2 Rest of Middle East and Africa: 5G Services Market Breakdown, by End User
9.5.6.5.3 Rest of Middle East and Africa: 5G Services Market Breakdown, by Enterprises
9.6 South and Central America
9.6.1 South and Central America 5G Services Market Overview
9.6.2 South and Central America: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.6.3 South and Central America: 5G Services Market Breakdown, by Type
9.6.3.1 South and Central America: 5G Services Market – Revenue and Forecast Analysis – by Type
9.6.4 South and Central America: 5G Services Market Breakdown, by End User
9.6.4.1 South and Central America: 5G Services Market – Revenue and Forecast Analysis – by End User
9.6.5 South and Central America: 5G Services Market Breakdown, by Enterprises
9.6.5.1 South and Central America: 5G Services Market – Revenue and Forecast Analysis – by Enterprises
9.6.6 South and Central America: 5G Services Market – Revenue and Forecast Analysis – by Country
9.6.6.1 South and Central America: 5G Services Market – Revenue and Forecast Analysis – by Country
9.6.6.2 Brazil: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.6.6.2.1 Brazil: 5G Services Market Breakdown, by Type
9.6.6.2.2 Brazil: 5G Services Market Breakdown, by End User
9.6.6.2.3 Brazil: 5G Services Market Breakdown, by Enterprises
9.6.6.3 Argentina: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.6.6.3.1 Argentina: 5G Services Market Breakdown, by Type
9.6.6.3.2 Argentina: 5G Services Market Breakdown, by End User
9.6.6.3.3 Argentina: 5G Services Market Breakdown, by Enterprises
9.6.6.4 Rest of South and Central America: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
9.6.6.4.1 Rest of South and Central America: 5G Services Market Breakdown, by Type
9.6.6.4.2 Rest of South and Central America: 5G Services Market Breakdown, by End User
9.6.6.4.3 Rest of South and Central America: 5G Services Market Breakdown, by Enterprises
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Expansion
11.5 Partnerships and Collaboration
12. Company Profiles
12.1 Verizon Communications Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Huawei Technologies Co Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Telefonaktiebolaget LM Ericsson
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Nokia Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Samsung Electronics Co Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 ZTE Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Vodafone Group Plc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Orange SA
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Deutsche Telekom AG
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 China Mobile Limited
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 Word Index
13.2 About the Research Team

LIST OF TABLES

Table 1. 5G Services Market Segmentation
Table 2. List of Vendors
Table 3. Number of 5G Subscriptions Worldwide from 2019 to 2025
Table 4. 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
Table 5. 5G Services Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 6. 5G Services Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 7. North America: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 8. North America: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 9. North America: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 10. North America: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 11. United States: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 12. United States: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 13. United States: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 14. Canada: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 15. Canada: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 16. Canada: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 17. Mexico: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 18. Mexico: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 19. Mexico: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 20. Europe: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 21. Europe: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 22. Europe: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 23. Europe: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 24. Germany: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 25. Germany: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 26. Germany: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 27. United Kingdom: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 28. United Kingdom: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 29. United Kingdom: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 30. France: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 31. France: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 32. France: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 33. Italy: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 34. Italy: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 35. Italy: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 36. Russia: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 37. Russia: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 38. Russia: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 39. Rest of Europe: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 40. Rest of Europe: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 41. Rest of Europe: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 42. Asia Pacific: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 43. Asia Pacific: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 44. Asia Pacific: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 45. Asia Pacific: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 46. China: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 47. China: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 48. China: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 49. Japan: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 50. Japan: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 51. Japan: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 52. South Korea: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 53. South Korea: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 54. South Korea: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 55. India: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 56. India: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 57. India: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 58. Australia: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 59. Australia: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 60. Australia: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 61. Rest of APAC: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 62. Rest of APAC: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 63. Rest of APAC: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 64. Middle East and Africa: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 65. Middle East and Africa: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 66. Middle East and Africa: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 67. Middle East and Africa: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 68. Saudi Arabia: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 69. Saudi Arabia: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 70. Saudi Arabia: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 71. United Arab Emirates: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 72. United Arab Emirates: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 73. United Arab Emirates: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 74. South Africa: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 75. South Africa: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 76. South Africa: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 77. Rest of Middle East and Africa: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 78. Rest of Middle East and Africa: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 79. Rest of Middle East and Africa: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 80. South and Central America: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 81. South and Central America: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 82. South and Central America: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 83. South and Central America: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 84. Brazil: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 85. Brazil: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 86. Brazil: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 87. Argentina: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 88. Argentina: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 89. Argentina: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 90. Rest of South and Central America: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 91. Rest of South and Central America: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 92. Rest of South and Central America: 5G Services Market – Revenue and Forecast to 2031(US$ Million) – by Enterprises
Table 93. Company Positioning & Concentration
Table 94. List of Abbreviation

LIST OF FIGURES

Figure 1. 5G Services Market Segmentation, by Geography
Figure 2. PEST Analysis
Figure 3. 5G Services Market– Ecosystem Analysis
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. 5G Services Market Revenue (US$ Million), 2021–2031
Figure 6. 5G Services Market Share (%) – by Type (2023 and 2031)
Figure 7. Enhanced Mobile Broadband (eMBB): 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Massive Machine-Type Communications (mMTC): 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Ultra-Reliable Low Latency (uRLLC): 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Fixed Wireless Access (FWA): 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. 5G Services Market Share (%) – by End User (2023 and 2031)
Figure 12. Enterprises: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. IT and Telecom: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Manufacturing: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Healthcare: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. BFSI: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Retail & Ecommerce: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. Others: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 19. Consumers: 5G Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 20. 5G Services Market Breakdown by Region, 2023 and 2031 (%)
Figure 21. North America: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 22. North America: 5G Services Market Breakdown, by Type (2023 and 2031)
Figure 23. North America: 5G Services Market Breakdown, by End User (2023 and 2031)
Figure 24. North America: 5G Services Market Breakdown, by Enterprises (2023 and 2031)
Figure 25. North America: 5G Services Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 26. United States: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 27. Canada: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 28. Mexico: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 29. Europe: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 30. Europe: 5G Services Market Breakdown, by Type (2023 and 2031)
Figure 31. Europe: 5G Services Market Breakdown, by End User (2023 and 2031)
Figure 32. Europe: 5G Services Market Breakdown, by Enterprises (2023 and 2031)
Figure 33. Europe: 5G Services Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 34. Germany: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 35. United Kingdom: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 36. France: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 37. Italy: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 38. Russia: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 39. Rest of Europe: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 40. Asia Pacific: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 41. Asia Pacific: 5G Services Market Breakdown, by Type (2023 and 2031)
Figure 42. Asia Pacific: 5G Services Market Breakdown, by End User (2023 and 2031)
Figure 43. Asia Pacific: 5G Services Market Breakdown, by Enterprises (2023 and 2031)
Figure 44. Asia Pacific: 5G Services Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 45. China: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 46. Japan: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 47. South Korea: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 48. India: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 49. Australia: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 50. Rest of APAC: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 51. Middle East and Africa: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 52. Middle East and Africa: 5G Services Market Breakdown, by Type (2023 and 2031)
Figure 53. Middle East and Africa: 5G Services Market Breakdown, by End User (2023 and 2031)
Figure 54. Middle East and Africa: 5G Services Market Breakdown, by Enterprises (2023 and 2031)
Figure 55. Middle East and Africa: 5G Services Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 56. United Arab Emirates: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 57. South Africa: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 58. Rest of Middle East and Africa: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 59. South and Central America: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 60. South and Central America: 5G Services Market Breakdown, by Type (2023 and 2031)
Figure 61. South and Central America: 5G Services Market Breakdown, by End User (2023 and 2031)
Figure 62. South and Central America: 5G Services Market Breakdown, by Enterprises (2023 and 2031)
Figure 63. South and Central America: 5G Services Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 64. Brazil: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 65. Argentina: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 66. Rest of South and Central America: 5G Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 67. Heat Map Analysis by Key Players

The List of Companies – 5G Services Market
o Huawei Technologies Co., Ltd.
o Telefonaktiebolaget LM Ericsson
o Nokia
o Deutsche Telekom AG
o Orange S.A.
o Verizon Communications Inc.
o AT and T Inc.
o Vodafone Group Plc
o ZTE Corporation
o China Mobile Limited

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