Germany 5g Services Market Size & Outlook, 2023-2030
Germany 5g services market, 2018-2030 (US$M)
Related Markets
Germany 5g services market highlights
- The Germany 5g services market generated a revenue of USD 7,350.1 million in 2023 and is expected to reach USD 164,396.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 55.9% 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 7,350.1 million |
| Market revenue in 2030 | USD 164,396.6 million |
| Growth rate | 55.9% (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, Germany accounted for 8.7% 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 Europe, Germany 5g services market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 60,266.6 million by 2030.
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5G Services Market Scope
5G Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 94.45% in 2023. Horizon Databook has segmented the Germany 5g services market based on consumer, enterprises covering the revenue growth of each sub-segment from 2018 to 2030.
The German 5G services market is witnessing rapid growth and innovation. Prominent telecom operators such as Deutsche Telekom, Vodafone, and Telefónica Deutschland are fervently expanding their 5G networks nationwide. This expansion is ushering in faster speeds, reduced latency, and enhanced connectivity for both businesses and consumers.
The German government has been actively championing 5G deployment, offering incentives and steadfast support for infrastructure development. Notably, Deutsche Telekom successfully launched its 5G network across Germany, opening doors to cutting-edge applications like autonomous driving and smart cities.
Vodafone, on the other hand, has forged strategic partnerships with incumbents of diverse industries, exemplifying the transformative capabilities of 5G, such as employing augmented reality for remote maintenance in manufacturing. 5G services are expected to facilitate a profound digital transformation, unleash novel business models, and spearhead innovation across various industries in Germany.
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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 Germany 5g services market , including forecasts for subscribers. This country databook contains high-level insights into Germany 5g services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany 5g services market size, by vertical, 2018-2030 (US$M)
Germany 5G Services Market Outlook Share, 2023 & 2030 (US$M)
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