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.
This report contains market size and forecasts of 5G Services in Global, including the following market information:
- Global 5G Services Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global 5G Services market was valued at 6864.1 million in 2021 and is projected to reach US$ 39980 million by 2028, at a CAGR of 28.6% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
eMBB (Enhance Mobile Broadband) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of 5G Services include Ericsson, Huawei, Nokia, Samsung, ZTE, China Mobile, China Telecom, China Unicom and Verizon, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the 5G Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global 5G Services Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global 5G Services Market Segment Percentages, by Type, 2021 (%)
- eMBB (Enhance Mobile Broadband)
- uRLLC (Ultra Reliable Low Latency Communications)
- mMTC (Massive Machine Type Communications)
Global 5G Services Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global 5G Services Market Segment Percentages, by Application, 2021 (%)
- Telecom
- Media & Entertainment
- Manufacturing
- Transportation
- Retail and Logistics
- Healthcare
- Public Services
- BFSI
- Others
Global 5G Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global 5G Services Market Segment Percentages, By Region and Country, 2021b (%)
North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies 5G Services revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies 5G Services revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- 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
