Canada 5g Services Market Size & Outlook, 2023-2030
Canada 5g services market, 2018-2030 (US$M)
Related Markets
Canada 5g services market highlights
- The Canada 5g services market generated a revenue of USD 2,086.3 million in 2023 and is expected to reach USD 46,307.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 55.7% 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 2,086.3 million |
| Market revenue in 2030 | USD 46,307.8 million |
| Growth rate | 55.7% (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, Canada accounted for 2.5% 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 North America, U.S. 5g services market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 46,307.8 million by 2030.
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5G Services Market Scope
5G Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 94.6% in 2023. Horizon Databook has segmented the Canada 5g services market based on consumer, enterprises covering the revenue growth of each sub-segment from 2018 to 2030.
The Canada 5G service market is also experiencing notable trends and developments. Canadian telecom operators are actively investing in the deployment of 5G networks across the country, expanding coverage and capacity. This enables faster data speeds, improved network reliability, and enables innovative applications.
For instance, Rogers Communications launched Canada's first 5G network, providing enhanced connectivity for businesses and consumers alike. Bell Canada partnered with various industries to leverage 5G for applications such as autonomous vehicles and smart manufacturing.
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Target buyers of Canada 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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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada 5g services market , including forecasts for subscribers. This country databook contains high-level insights into Canada 5g services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada 5g services market size, by vertical, 2018-2030 (US$M)
Canada 5G Services Market Outlook Share, 2023 & 2030 (US$M)
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