The global 5G services market was valued at USD 108.17 billion in 2023, which is anticipated to grow at a CAGR of 30.80% from 2024 to 2033. By offering consumers a variety of use cases and business models, 5G wireless mobile services enable a completely mobile and connected environment. Additionally, 5G services will enhance the user experience for a variety of use cases, including seamless video calling, Ultra-High Definition (UHD) videos, and virtual reality (VR) and augmented reality (AR) gaming, among others, because of their faster data speeds and extremely low latency. Over the forecast period, it is predicted that the adoption of these services will be fueled by the rising demand for high-speed data connectivity for unified Internet of Things (IoT) applications, such as smart home energy management. The advancement of 5G technology has given lots of opportunities to the tech community and the masses. 5G infrastructure is considered the next revolution in cellular technology, which will help bring people together.
The fifth-generation (5G) cellular technology offers exceptionally low latency, high speed, and reliable connectivity. The whole ecosystem of tools, programmes, and services needed to set up 5G networks is included in 5G technology. The market for 5G services includes 5G connectivity technologies, including improved mobile broadband, incredibly reliable low-latency communications, and extensive machine-type communications. People's communication, entertainment, and internet connections are all predicted to change due to 5G technology. Faster data delivery is possible due to the ability of 5G technology to operate in millimetre wave bands, which are high-frequency bands with a range of 24 to 100 GHz. Enhanced mobile broadband, mission-critical communications, and widespread IoT are three connected service types that leverage 5G technology. Since 5G technology is designed to be forward-compatible, various devices, including smartphones, laptops, and security systems, can be integrated. Future services requiring ultra-low latency and greater internet speeds can be supported by it due to its adaptability. In addition to enhancing smartphones, 5G technology could play a role in novel immersive experiences like VR and AR by providing faster, more consistent data rates, lower latency, and cheaper cost-per-bit. 5G can enable new services that completely changing businesses, including remote management of vital infrastructure, automobiles, and medical procedures. These services rely on ultra-reliable, readily available, low-latency networks. 5G wireless mobile services enable a completely mobile and connected world by offering consumers a range of business models and application cases.
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1. Introduction
1.1. Objective of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Communication Type
4.3.2. Market Attractiveness Analysis By Vertical
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. An increase in the need for high-speed data bandwidth
5.3. Restraints
5.3.1. Expensive spectrum
5.4. Opportunities
5.4.1. New commercial opportunities in cloud computing
6. Global 5G Services Market Analysis and Forecast, By Communication Type
6.1. Segment Overview
6.2. eMBB
6.3. mMTC
6.4. FWA
6.5. uRLLC
7. Global 5G Services Market Analysis and Forecast, By Vertical
7.1. Segment Overview
7.2. Enterprises
7.3. Consumer
8. Global 5G Services Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global 5G Services Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in the 5G Services Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. BT Group plc
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. China Telecom Corporation Ltd.
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. NTT Docomo
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Saudi Telecom Company
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Deutsche Telekom AG
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Verizon Communications, Inc.
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Rakuten Mobile Inc.
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. AT&T, Inc.
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Bharti Airtel Ltd.
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Vodafone Group
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. T-Mobile USA, Inc.
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. China Mobile Ltd.
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. SK Telecom Co., Ltd.
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. KT Corp.
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
List of Table
1. Global 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
2. Global eMBB, 5G Services Market, By Region, 2020-2033 (USD Billion)
3. Global mMTC, 5G Services Market, By Region, 2020-2033 (USD Billion)
4. Global FWA, 5G Services Market, By Region, 2020-2033 (USD Billion)
5. Global uRLLC, 5G Services Market, By Region, 2020-2033 (USD Billion)
6. Global 5G Services Market, By Vertical, 2020-2033 (USD Billion)
7. Global Enterprises, 5G Services Market, By Region, 2020-2033 (USD Billion)
8. Global Consumer, 5G Services Market, By Region, 2020-2033 (USD Billion)
9. Global 5G Services Market, By Region, 2020-2033 (USD Billion)
10. North America 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
11. North America 5G Services Market, By Vertical, 2020-2033 (USD Billion)
12. U.S. 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
13. U.S. 5G Services Market, By Vertical, 2020-2033 (USD Billion)
14. Canada 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
15. Canada 5G Services Market, By Vertical, 2020-2033 (USD Billion)
16. Mexico 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
17. Mexico 5G Services Market, By Vertical, 2020-2033 (USD Billion)
18. Europe 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
19. Europe 5G Services Market, By Vertical, 2020-2033 (USD Billion)
20. Germany 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
21. Germany 5G Services Market, By Vertical, 2020-2033 (USD Billion)
22. France 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
23. France 5G Services Market, By Vertical, 2020-2033 (USD Billion)
24. U.K. 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
25. U.K. 5G Services Market, By Vertical, 2020-2033 (USD Billion)
26. Italy 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
27. Italy 5G Services Market, By Vertical, 2020-2033 (USD Billion)
28. Spain 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
29. Spain 5G Services Market, By Vertical, 2020-2033 (USD Billion)
30. Asia Pacific 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
31. Asia Pacific 5G Services Market, By Vertical, 2020-2033 (USD Billion)
32. Japan 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
33. Japan 5G Services Market, By Vertical, 2020-2033 (USD Billion)
34. China 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
35. China 5G Services Market, By Vertical, 2020-2033 (USD Billion)
36. India 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
37. India 5G Services Market, By Vertical, 2020-2033 (USD Billion)
38. South America 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
39. South America 5G Services Market, By Vertical, 2020-2033 (USD Billion)
40. Brazil 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
41. Brazil 5G Services Market, By Vertical, 2020-2033 (USD Billion)
42. Middle East and Africa 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
43. Middle East and Africa 5G Services Market, By Vertical, 2020-2033 (USD Billion)
44. UAE 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
45. UAE 5G Services Market, By Vertical, 2020-2033 (USD Billion)
46. South Africa 5G Services Market, By Communication Type, 2020-2033 (USD Billion)
47. South Africa 5G Services Market, By Vertical, 2020-2033 (USD Billion)
List of Figures
1. Global 5G Services Market Segmentation
2. 5G Services Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global 5G Services Market Attractiveness Analysis By Communication Type
9. Global 5G Services Market Attractiveness Analysis By Vertical
10. Global 5G Services Market Attractiveness Analysis By Region
11. Global 5G Services Market: Dynamics
12. Global 5G Services Market Share by Communication Type (2023 & 2033)
13. Global 5G Services Market Share by Vertical (2023 & 2033)
14. Global 5G Services Market Share by Regions (2023 & 2033)
15. Global 5G Services Market Share by Company (2023)
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global 5G services market based on below mentioned segments:
Global 5G Services by Communication Type:
Global 5G Services by Vertical:
Global 5G Services by Region:
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The data procurement stage involves in data gathering and collecting through various data sources.
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Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:
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Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.
The supply side for a domain specific market is analysed by:
The demand side for the market is estimated through:
In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.
Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:
Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:
Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.
This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.
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