Australia 5g Services Market Size & Outlook, 2023-2030
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Australia 5g services market highlights
- The Australia 5g services market generated a revenue of USD 318.8 million in 2023 and is expected to reach USD 12,843.3 million by 2030.
- The Australia market is expected to grow at a CAGR of 69.6% from 2024 to 2030.
- In terms of segment, enterprises was the largest revenue generating vertical in 2023.
- Consumer is the most lucrative vertical segment registering the fastest growth during the forecast period.
5g services market data book summary
| Market revenue in 2023 | USD 318.8 million |
| Market revenue in 2030 | USD 12,843.3 million |
| Growth rate | 69.6% (CAGR from 2023 to 2030) |
| Largest segment | Enterprises |
| Fastest growing segment | Consumer |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumer, Enterprises |
| Key market players worldwide | AT&T, BT Group PLC, China Mobile, Bharti Airtel Services, KT Corp ADR, Vodafone Group PLC, Deutsche Telekom AG, SK Telecom Co Ltd ADR, Verizon Communications Inc, NTT Data Group Corp, T-Mobile US Inc, Rakuten Group Inc |
Other key industry trends
- In terms of revenue, Australia accounted for 0.4% of the global 5g services market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China 5g services market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 61,219.8 million by 2030.
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5G Services Market Scope
5G Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SK Telecom Co Ltd ADR | View profile | 26195 | SK T-Tower, 65, Eulji-ro, Jung-gu, Seoul, Korea, Republic of, 04539 | https://www.sktelecom.com |
| Rakuten Group Inc | View profile | 30830 | 4-12-3 Higashishinagawa, Shinagawa Seaside Rakuten Tower, Shinagawa-ku, Tokyo, Japan, 140-0002 | https://www.rakuten.co.jp |
| China Mobile | View profile | 10001+ | Hong Kong, Hong Kong Island, Hong Kong, Asia | http://www.chinamobileltd.com |
| Bharti Airtel Services | View profile | - | New Delhi, Delhi, India, Asia | - |
| BT Group PLC | View profile | 97100 | 1 Braham Street, London, United Kingdom, E1 8EE | https://www.bt.com |
| KT Corp ADR | View profile | 19737 | 90 Bulljeong-ro (206 Jungja-dong), Bundang-gu, Gyeonggi-do, Seongnam-si, Korea, Republic of, 13606 | https://corp.kt.com |
| T-Mobile US Inc | View profile | 67000 | 12920 SE 38th Street, Bellevue, WA, United States, 98006-1350 | https://www.t-mobile.com |
| AT&T | View profile | 10001+ | Dallas, Texas, United States, North America | https://www.att.com |
| Vodafone Group PLC | View profile | 85225 | Vodafone House, The Connection, Newbury, Berkshire, United Kingdom, RG14 2FN | https://www.vodafone.com |
| NTT Data Group Corp | View profile | 202667 | Toyosu Center Building, 3-3, Toyosu 3-chome, Koto-ku, Yubinbango, Tokyo, Japan, 135-6033 | https://www.nttdata.com |
| Deutsche Telekom AG | View profile | 201251 | Friedrich-Ebert-Allee 140, Bonn, Germany, 53113 | https://www.telekom.com |
| Verizon Communications Inc | View profile | 105400 | 1095 Avenue of the Americas, New York, NY, United States, 10036 | https://www.verizon.com |
Australia 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 92.97% in 2023. Horizon Databook has segmented the Australia 5g services market based on consumer, enterprises covering the revenue growth of each sub-segment from 2018 to 2030.
- Australia 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
- Australia 5G Services Communication Outlook (Revenue, USD Million, 2018-2030)
- FWA
- eMBB
- uRLLC
- mMTC
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Target buyers of Australia 5g services market databook
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Our clientele includes a mix of 5g services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia 5g services market , including forecasts for subscribers. This country databook contains high-level insights into Australia 5g services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia 5g services market size, by vertical, 2018-2030 (US$M)
Australia 5G Services Market Outlook Share, 2023 & 2030 (US$M)
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