Global Telecom Services Market Size & Outlook, 2025-2030
Global telecom services market, 2018-2030 (US$M)
Related Markets
Global telecom services market highlights
- The global telecom services market generated a revenue of USD 2,095,716.3 million in 2025 and is expected to reach USD 2,874,755.8 million by 2030.
- The market is expected to grow at a CAGR (2026 - 2030) of 6.6% by 2030.
- In terms of segment, mobile data services accounted for a revenue of USD 776,789.3 million in 2025.
- Mobile Data Services is the most lucrative service type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2025.
- Country-wise, India is expected to register the highest CAGR from 2026 to 2030.
Global data book summary
| Market revenue in 2025 | USD 2,095,716.3 million |
| Market revenue in 2030 | USD 2,874,755.8 million |
| Growth rate | 6.6% (CAGR from 2026 to 2030) |
| Largest segment | Mobile data services |
| Fastest growing segment | Mobile Data Services |
| Historical data covered | 2018 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed Voice Services, Fixed Internet Access Services, Mobile Voice Services, Mobile Data Services, Pay TV Services, Machine-to-Machine (Mobile IoT) Services |
Other key industry trends
- In terms of revenue, the North America accounted for 29.2% of the global telecom services market in 2025.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 217,629.9 million by 2030.
Mobile data services was the largest segment with a revenue share of 37.07% in 2025. Horizon Databook has segmented the Global telecom services market based on fixed voice services, fixed internet access services, mobile voice services, mobile data services, pay tv services, machine-to-machine (mobile iot) services covering the revenue growth of each sub-segment from 2018 to 2030.
Digitalization has proven to be a key enabler for the growth of telecom services across the globe. With the growing technological advancements and developments in the telecommunications network, industries are witnessing a drastic shift in their mode of operations and service delivery.
These developments are significantly improving the lives of end-users at large. Furthermore, industry players are making investments in technology and interoperability, which has reinforced a large shift in the capital and information flow in the worldwide economy.
Access to a universally connected network has significantly empowered people across the globe by providing them with access to marketplaces and real-time information. According to statistics provided by airplane Inc., a work automation platform provider, 54% of firms used eSignature solutions, and 38% used video/virtual conferencing.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Telecom Services Market Scope
Telecom Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global telecom services market size, by regions, 2018-2030 (US$M)
Top 10 countries: Telecom services market size, 2025 (US$M)
Global telecom services market share, by service type, 2025 & 2030 (%, US$M)
Telecom services market: Opportunity assessment by country
Global telecom services market, by region, 2025 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
