Italy 5g Services Market Size & Outlook, 2023-2030

The 5g services market in Italy is expected to reach a projected revenue of US$ 60,266.6 million by 2030. A compound annual growth rate of 57.1% is expected of Italy 5g services market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,552.5
Forecast, 2030 (US$M)
$60,266.6
CAGR, 2024 - 2030
57.1%
Report Coverage
Italy

Italy 5g services market highlights

  • The Italy 5g services market generated a revenue of USD 2,552.5 million in 2023 and is expected to reach USD 60,266.6 million by 2030.
  • The Italy market is expected to grow at a CAGR of 57.1% 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 2023USD 2,552.5 million
Market revenue in 2030USD 60,266.6 million
Growth rate57.1% (CAGR from 2023 to 2030)
Largest segmentEnterprises
Fastest growing segmentConsumer
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationConsumer, Enterprises
Key market players worldwideAT&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, Italy accounted for 3.0% 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

Italy 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 94.59% in 2023. Horizon Databook has segmented the Italy 5g services market based on consumer, enterprises covering the revenue growth of each sub-segment from 2018 to 2030.


Italy has a strong tradition of technological innovation and research. This, combined with its highly skilled workforce, positions the country as a driver of technological advancements in the 5G space. The Polytechnic di Milano, one of Italy's leading technical universities, has been actively involved in 5G research & development projects, fostering innovation and driving the adoption of 5G technology in the country.

Moreover, the Italian government has been actively supporting the deployment of 5G infrastructure through favorable regulations and policies. The "Piano Banda Ultra Larga" (Ultra Broadband Plan) launched by the Italian government aims to provide nationwide high-speed connectivity, including 5G networks, to bridge the digital divide and promote digital inclusion.

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  • Our clientele includes a mix of 5g services market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy 5g services market , including forecasts for subscribers. This country databook contains high-level insights into Italy 5g services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Italy 5g services market size, by vertical, 2018-2030 (US$M)

Italy 5G Services Market Outlook Share, 2023 & 2030 (US$M)

Italy 5g services market size, by vertical, 2018-2030 (US$M)

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