Report overview
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 aims to provide a comprehensive presentation of the global market for 5G Applications and Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 5G Applications and Services. This report contains market size and forecasts of 5G Applications and Services in global, including the following market information:
Global 5G Applications and Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global 5G Applications and Services market was valued at US$ 68640 million in 2022 and is projected to reach US$ 308100 million by 2029, at a CAGR of 23.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of 5G Applications and Services include Ericsson, Huawei, etc. Global top 3 companies hold a share about 30%. Europe is the largest market, with a share about 40%, followed by North America and Asia Pacific with the share about 30% and 25%. In terms of product, eMBB (Enhance Mobile Broadband) is the largest segment, with a share over 40%. And in terms of application, the largest application is Manufacturing, with a share about 30%.
We surveyed the 5G Applications and 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 Applications and Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global 5G Applications and Services Market Segment Percentages, by Type, 2022 (%)
EMBB (Enhance Mobile Broadband)
URLLC (Ultra Reliable Low Latency Communications)
MMTC (Massive Machine Type Communications)
Global 5G Applications and Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global 5G Applications and Services Market Segment Percentages, by Application, 2022 (%)
Telecom
Media & Entertainment
Manufacturing
Transportation
Retail and Logistics
Healthcare
Public Services
BFSI
Others
Global 5G Applications and Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global 5G Applications and Services Market Segment Percentages, By Region and Country, 2022 (%)
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 Applications and Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies 5G Applications and Services revenues share in global market, 2022 (%)
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of 5G Applications and Services, market overview.
Chapter 2: Global 5G Applications and Services market size in revenue.
Chapter 3: Detailed analysis of 5G Applications and Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of 5G Applications and Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
