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Global 5G Services Market Research Report 2024
Synopsis
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.
The global 5G Services market was valued at US$ 6671 million in 2023 and is anticipated to reach US$ 49030 million by 2030, witnessing a CAGR of 29.9% during the forecast period 2024-2030.
Ericsson and Huawei are the top 2 companies in global 5G services market and account for about 20% of total market share. Geographically speaking, Europe holds about 40% of global market share, followed by North America with about 30% share. In terms of type, eMBB (Enhance Mobile Broadband) segment holds an main share of about 40%. In terms of application, manufacturing segment account for over 30% of the global share.
This report aims to provide a comprehensive presentation of the global market for 5G 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 Services.
Report Scope
The 5G Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global 5G Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the 5G Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
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
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of 5G Services companies’ competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
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.
The global 5G Services market was valued at US$ 6671 million in 2023 and is anticipated to reach US$ 49030 million by 2030, witnessing a CAGR of 29.9% during the forecast period 2024-2030.
Ericsson and Huawei are the top 2 companies in global 5G services market and account for about 20% of total market share. Geographically speaking, Europe holds about 40% of global market share, followed by North America with about 30% share. In terms of type, eMBB (Enhance Mobile Broadband) segment holds an main share of about 40%. In terms of application, manufacturing segment account for over 30% of the global share.
This report aims to provide a comprehensive presentation of the global market for 5G 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 Services.
Report Scope
The 5G Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global 5G Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the 5G Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
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
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of 5G Services companies’ competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global 5G Services Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 eMBB (Enhance Mobile Broadband)
1.2.3 uRLLC (Ultra Reliable Low Latency Communications)
1.2.4 mMTC (Massive Machine Type Communications)
1.3 Market by Application
1.3.1 Global 5G Services Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Telecom
1.3.3 Media & Entertainment
1.3.4 Manufacturing
1.3.5 Transportation
1.3.6 Retail and Logistics
1.3.7 Healthcare
1.3.8 Public Services
1.3.9 BFSI
1.3.10 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global 5G Services Market Perspective (2019-2030)
2.2 5G Services Growth Trends by Region
2.2.1 Global 5G Services Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 5G Services Historic Market Size by Region (2019-2024)
2.2.3 5G Services Forecasted Market Size by Region (2025-2030)
2.3 5G Services Market Dynamics
2.3.1 5G Services Industry Trends
2.3.2 5G Services Market Drivers
2.3.3 5G Services Market Challenges
2.3.4 5G Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top 5G Services Players by Revenue
3.1.1 Global Top 5G Services Players by Revenue (2019-2024)
3.1.2 Global 5G Services Revenue Market Share by Players (2019-2024)
3.2 Global 5G Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by 5G Services Revenue
3.4 Global 5G Services Market Concentration Ratio
3.4.1 Global 5G Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by 5G Services Revenue in 2023
3.5 5G Services Key Players Head office and Area Served
3.6 Key Players 5G Services Product Solution and Service
3.7 Date of Enter into 5G Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 5G Services Breakdown Data by Type
4.1 Global 5G Services Historic Market Size by Type (2019-2024)
4.2 Global 5G Services Forecasted Market Size by Type (2025-2030)
5 5G Services Breakdown Data by Application
5.1 Global 5G Services Historic Market Size by Application (2019-2024)
5.2 Global 5G Services Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America 5G Services Market Size (2019-2030)
6.2 North America 5G Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America 5G Services Market Size by Country (2019-2024)
6.4 North America 5G Services Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe 5G Services Market Size (2019-2030)
7.2 Europe 5G Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe 5G Services Market Size by Country (2019-2024)
7.4 Europe 5G Services Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific 5G Services Market Size (2019-2030)
8.2 Asia-Pacific 5G Services Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific 5G Services Market Size by Region (2019-2024)
8.4 Asia-Pacific 5G Services Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America 5G Services Market Size (2019-2030)
9.2 Latin America 5G Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America 5G Services Market Size by Country (2019-2024)
9.4 Latin America 5G Services Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa 5G Services Market Size (2019-2030)
10.2 Middle East & Africa 5G Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa 5G Services Market Size by Country (2019-2024)
10.4 Middle East & Africa 5G Services Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Ericsson
11.1.1 Ericsson Company Detail
11.1.2 Ericsson Business Overview
11.1.3 Ericsson 5G Services Introduction
11.1.4 Ericsson Revenue in 5G Services Business (2019-2024)
11.1.5 Ericsson Recent Development
11.2 Huawei
11.2.1 Huawei Company Detail
11.2.2 Huawei Business Overview
11.2.3 Huawei 5G Services Introduction
11.2.4 Huawei Revenue in 5G Services Business (2019-2024)
11.2.5 Huawei Recent Development
11.3 Nokia
11.3.1 Nokia Company Detail
11.3.2 Nokia Business Overview
11.3.3 Nokia 5G Services Introduction
11.3.4 Nokia Revenue in 5G Services Business (2019-2024)
11.3.5 Nokia Recent Development
11.4 Samsung
11.4.1 Samsung Company Detail
11.4.2 Samsung Business Overview
11.4.3 Samsung 5G Services Introduction
11.4.4 Samsung Revenue in 5G Services Business (2019-2024)
11.4.5 Samsung Recent Development
11.5 ZTE
11.5.1 ZTE Company Detail
11.5.2 ZTE Business Overview
11.5.3 ZTE 5G Services Introduction
11.5.4 ZTE Revenue in 5G Services Business (2019-2024)
11.5.5 ZTE Recent Development
11.6 China Mobile
11.6.1 China Mobile Company Detail
11.6.2 China Mobile Business Overview
11.6.3 China Mobile 5G Services Introduction
11.6.4 China Mobile Revenue in 5G Services Business (2019-2024)
11.6.5 China Mobile Recent Development
11.7 China Telecom
11.7.1 China Telecom Company Detail
11.7.2 China Telecom Business Overview
11.7.3 China Telecom 5G Services Introduction
11.7.4 China Telecom Revenue in 5G Services Business (2019-2024)
11.7.5 China Telecom Recent Development
11.8 China Unicom
11.8.1 China Unicom Company Detail
11.8.2 China Unicom Business Overview
11.8.3 China Unicom 5G Services Introduction
11.8.4 China Unicom Revenue in 5G Services Business (2019-2024)
11.8.5 China Unicom Recent Development
11.9 Verizon
11.9.1 Verizon Company Detail
11.9.2 Verizon Business Overview
11.9.3 Verizon 5G Services Introduction
11.9.4 Verizon Revenue in 5G Services Business (2019-2024)
11.9.5 Verizon Recent Development
11.10 AT&T
11.10.1 AT&T Company Detail
11.10.2 AT&T Business Overview
11.10.3 AT&T 5G Services Introduction
11.10.4 AT&T Revenue in 5G Services Business (2019-2024)
11.10.5 AT&T Recent Development
11.11 Deutsche Telekom AG
11.11.1 Deutsche Telekom AG Company Detail
11.11.2 Deutsche Telekom AG Business Overview
11.11.3 Deutsche Telekom AG 5G Services Introduction
11.11.4 Deutsche Telekom AG Revenue in 5G Services Business (2019-2024)
11.11.5 Deutsche Telekom AG Recent Development
11.12 Vodafone Group
11.12.1 Vodafone Group Company Detail
11.12.2 Vodafone Group Business Overview
11.12.3 Vodafone Group 5G Services Introduction
11.12.4 Vodafone Group Revenue in 5G Services Business (2019-2024)
11.12.5 Vodafone Group Recent Development
11.13 SK Telecom
11.13.1 SK Telecom Company Detail
11.13.2 SK Telecom Business Overview
11.13.3 SK Telecom 5G Services Introduction
11.13.4 SK Telecom Revenue in 5G Services Business (2019-2024)
11.13.5 SK Telecom Recent Development
11.14 NTT
11.14.1 NTT Company Detail
11.14.2 NTT Business Overview
11.14.3 NTT 5G Services Introduction
11.14.4 NTT Revenue in 5G Services Business (2019-2024)
11.14.5 NTT Recent Development
11.15 KT Corporation
11.15.1 KT Corporation Company Detail
11.15.2 KT Corporation Business Overview
11.15.3 KT Corporation 5G Services Introduction
11.15.4 KT Corporation Revenue in 5G Services Business (2019-2024)
11.15.5 KT Corporation Recent Development
11.16 NEC
11.16.1 NEC Company Detail
11.16.2 NEC Business Overview
11.16.3 NEC 5G Services Introduction
11.16.4 NEC Revenue in 5G Services Business (2019-2024)
11.16.5 NEC Recent Development
11.17 Fujitsu
11.17.1 Fujitsu Company Detail
11.17.2 Fujitsu Business Overview
11.17.3 Fujitsu 5G Services Introduction
11.17.4 Fujitsu Revenue in 5G Services Business (2019-2024)
11.17.5 Fujitsu Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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