The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific emerged as the most significant global 5G services market, with a 39.45% market revenue share in 2023. Important APAC market companies like China Telecom, China Mobile, SK Telecom, and KT Corp. are investing significantly in establishing the 5G network infrastructure in China, Japan, and South Korea. Most of these investments will be used to implement the next-generation infrastructure for the manufacturing, healthcare, transportation & logistics, and media & entertainment industry verticals. Over the projected period, these investments are expected to fuel the Asia Pacific regional market's expansion. Additionally, the region has seen a substantial rise in the production of smartphones with 5G capabilities due to the increased demand for devices that allows faster data rates. As significant smartphone manufacturers in the area, including Huawei Technologies Co. Ltd., Samsung Electronics Co., Ltd., and BBK Electronics Corp., continue to release 5G-capable devices in response to the growing demand, 5G services are predicted to gain popularity.
Asia-Pacific Region 5G Services Market Share in 2023 - 39.45%
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The communication type segment is divided into eMBB, mMTC, FWA, and uRLLC. The eMBB segment dominated, with a market share of around 27.31% in 2023. The significant share is due to 5G network operators' initial focus on delivering improved internet capabilities for uses, including high-speed cloud-based gaming, AR/VR, UHD video, and uninterrupted video conversations. A 5G wireless non-standalone deployment methodology is anticipated to be the main emphasis. For both commercial and residential use, eMBB offers high-speed data rates. Therefore, eMBB is anticipated to support a variety of use cases, including in-vehicle infotainment, 4K video access, and virtual meetings, that eventually support the segment's expansion.
The vertical segment is divided into enterprises and consumers. The enterprise segment dominated the market, with a market share of around 65.07% in 2023. However, the segment is projected to maintain its leadership over the forecast period. It results from large expenditures made by key stakeholders in cutting-edge communication technologies. Over the projection period, the increased demand for faster data speeds for household and commercial applications is expected to propel the expansion of the IT & telecom industry. It is anticipated that 5G services will provide widespread broadband access between households and workplaces, promoting remote expert consultation and minimizing corporate travel. During the projection period, increased demand for broadband capacity will be anticipated to fuel the segment's expansion.
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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