Global 5g Services Market Size & Outlook, 2023-2030
Global 5g services market, 2018-2030 (US$M)
Related Markets
Global 5g services market highlights
- The global 5g services market generated a revenue of USD 84,305.5 million in 2023 and is expected to reach USD 2,208,253.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 59.4% by 2030.
- In terms of segment, enterprises accounted for a revenue of USD 79,467.5 million in 2023.
- Consumer is the most lucrative vertical segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 84,305.5 million |
| Market revenue in 2030 | USD 2,208,253.4 million |
| Growth rate | 59.4% (CAGR from 2023 to 2030) |
| Largest segment | Enterprises |
| Fastest growing segment | Consumer |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumer, Enterprises |
Other key industry trends
- In terms of revenue, the North America accounted for 26.8% of the global 5g services market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 2,482.1 million by 2030.
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5G Services Market Scope
5G Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 5g services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 5g services market will help companies and investors design strategic landscapes.
Enterprises was the largest segment with a revenue share of 94.26% in 2023. Horizon Databook has segmented the Global 5g services market based on consumer, enterprises covering the revenue growth of each sub-segment from 2018 to 2030.
- Global 5G Services Vertical Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Enterprise/Corporate
- Smart City
- Industrial
- Energy & Utility
- Transportation & Logistics
- Public Safety and Defense
- Healthcare Facilities
- Retail
- Agriculture
- Others
- Consumer
- Enterprises
- Manufacturing
- Public Safety
- Healthcare & Social Work
- Media & Entertainment
- Energy & Utility
- IT & Telecom
- Transportation & Logistics
- Aerospace & Defense
- BFSI
- Government
- Retail
- Mining
- Oil & Gas
- Agriculture
- Construction
- Real Estate
- Global 5G Services Communication Outlook (Revenue, USD Million, 2018-2030)
- FWA
- eMBB
- uRLLC
- mMTC
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Our clientele includes a mix of 5g services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global 5g services market , including forecasts for subscribers. This global databook contains high-level insights into Global 5g services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global 5g services market size, by region, 2018-2030 (US$M)
Top 10 countries: 5g services market size, 2023 (US$M)
Global 5g services market share, by vertical, 2023 & 2030 (%, US$M)
5g services market: Opportunity assessment by country
Global 5g services market, by region, 2023 (US$M)
Related regional statistics
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