Wireless Telecommunications Carriers in the US - Market Research Report (2014-2029)

No service: The expansion of mobile devices using data services and increasing average revenue per user will likely boost industry revenue

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

The Wireless Telecommunications Carriers industry has benefited from the rapid development of mobile devices. The popularity of smartphones has mainly bolstered growth. Households have chosen to disconnect their landlines to cut costs and receive network access away from home. Industry revenue grew post-2020, as COVID-19 (coronavirus)-induced travel restrictions gave way to travel and demand for mobile internet. Industry revenue has been stagnant overall over the past five years, and is expected to total $324.8 billion in 2023, when revenue will climb an estimated 0.6%, as the early shift to fifth-generation (5G) enables businesses to renegotiate the current product-price paradigm with consumers.

This industry operates and maintains switching and transmission facilities to provide direct communications through the airwaves. Industry services include cellular mobile phone services, paging services, wireless internet access and wireless video services.