The report on the global 5G service market provides qualitative and quantitative analysis for the period from 2021-2030. The global 5G service market was valued at USD 60.69 billion in 2022 and is expected to reach USD 1704.85 billion in 2030, with a CAGR of 44.97% during the forecast period 2023-2030. The study on 5G service market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2021-2030.
The report on 5G service market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global 5G service market over the period of 2021-2030. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global 5G service market over the period of 2021-2030. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
2. Complete coverage of all the segments in the 5G service market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global 5G service market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
The report on 5G service market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global 5G service market over the period of 2021-2030. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global 5G service market over the period of 2021-2030. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
Report Findings
1) Drivers
- The growing number of smartphone subscriptions and the growing amount of data that each subscription driving the 5G services market.
- The active participation of government regulatory agencies in the quick development of the 5G network also propels market growth.
2) Restraints
- The market for 5G services may hampered by infrastructure costs because of the large sums of money needed for widespread deployment
3) Opportunities
- Moreover, the growing need for fast, low-latency connectivity across a range of industries presents a substantial potential opportunity for the 5G service industry.
Research Methodology
A) Primary Research
The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry
The primary research respondents typically include
1. Executives working with leading companies in the market under review2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.The secondary sources of the data typically include
1. Company reports and publications2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global 5G service market is segmented on the basis of communication type, vertical, and application.The Global 5G Service Market by Communication Type
- FWA
- MMTC
- URLLC
- Others
The Global 5G Service Market by Vertical
- Manufacturing
- IT and Telecom
- BFSI
- Others
The Global 5G Service Market by Application
- Smart Buildings
- Smart Cities
- Industry 4.0
- Others
Company Profiles
The companies covered in the report include
- AT&T, Inc.
- BT Group plc
- Bharti Airtel Ltd.
- NTT Docomo
- KT Corp.
- Saudi Telecom Company
- Vodafone Group
- Deutsche Telekom AG
- SK Telecom Co., Ltd.
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the 5G service market.2. Complete coverage of all the segments in the 5G service market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global 5G service market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
Table of Contents
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Global 5G Service Market Overview
Chapter 5. Company Profiles and Competitive Landscape
Chapter 6. Global 5G Service Market by Communication Type
Chapter 7. Global 5G Service Market by Vertical
Chapter 8. Global 5G Service Market by Application
Chapter 9. Global 5G Service Market by Region 2023-2030
Companies Mentioned
- AT&T, Inc.
- BT Group plc
- Bharti Airtel Ltd.
- NTT Docomo
- KT Corp.
- Saudi Telecom Company
- Vodafone Group
- Deutsche Telekom AG
- SK Telecom Co., Ltd.
