Europe Telecom Services Market Size & Outlook, 2025-2030
Europe telecom services market, 2018-2030 (US$M)
Related Markets
Europe telecom services market highlights
- The Europe telecom services market generated a revenue of USD 546,048.4 million in 2025.
- The market is expected to grow at a CAGR of 6.3% from 2026 to 2030.
- In terms of segment, mobile data services was the largest revenue generating service type in 2025.
- Mobile Data Services is the most lucrative service type segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2026 to 2030.
Europe data book summary
| Market revenue in 2025 | USD 546,048.4 million |
| Market revenue in 2030 | USD 736,730.6 million |
| Growth rate | 6.3% (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 |
| Key market players worldwide | AT&T, Verizon Communications Inc, Nippon Telegraph & Telephone Corp, China Mobile, Deutsche Telekom AG, SoftBank Group Corp, Telefonica SA, Vodafone Group PLC, KT Corp ADR, Reliance Inc, KDDI Corp, Orange SA, BT Group PLC, Comcast Corp Class A |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.1% of the global telecom services market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,020,752.7 million by 2030.
Mobile data services was the largest segment with a revenue share of 37.93% in 2025. Horizon Databook has segmented the Europe 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.
The telecommunications industry is one of Europe’s growing, technology-based industries. The infrastructures the incumbents of the industry are rolling out are laying the foundation for green and digital transformation by accelerating the adoption of edge computing, 5G, cloud computing, and mobile IoT, among other latest technologies.
The increasing adoption of these advanced technologies by businesses and consumers is driving the demand for telecom services in the region. For instance, in January 2023, 1&1 AG, a telecommunications provider based in Germany, started rolling out its 5G fixed wireless access service in the German cities of Karlsruhe and Frankfurt.
The new 1&1 5G at-home service offers speeds of up to 500 Mbit/s. Such initiatives are expected to drive the growth of the regional market.
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Telecom Services Market Scope
Telecom Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe telecom services market size, by country, 2018-2030 (US$M)
Europe Telecom Services Market Outlook Share, 2025 & 2030 (US$M)
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