UK 5g Services Market Size & Outlook, 2023-2030
UK 5g services market, 2018-2030 (US$M)
Related Markets
UK 5g services market highlights
- The UK 5g services market generated a revenue of USD 8,538.0 million in 2023 and is expected to reach USD 163,061.5 million by 2030.
- The UK market is expected to grow at a CAGR of 52.4% 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 8,538.0 million |
| Market revenue in 2030 | USD 163,061.5 million |
| Growth rate | 52.4% (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, UK accounted for 10.1% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
5G Services Market Scope
5G Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 94.3% in 2023. Horizon Databook has segmented the UK 5g services market based on consumer, enterprises covering the revenue growth of each sub-segment from 2018 to 2030.
Major telecom operators like EE, Vodafone, O2, and Three are actively expanding their 5G networks across the country. This expansion is enabling faster speeds, low latency, and enhanced connectivity for businesses and consumers. The U.K. government is also supporting the deployment of 5G infrastructure through various initiatives.
For instance, EE launched the U.K.'s first commercial 5G network, providing ultra-fast speeds and enabling applications like augmented reality experiences. Vodafone collaborated with the automotive industry to trial 5G-enabled connected car technologies.
5G services are expected to revolutionize transportation, healthcare, and manufacturing, among other industries and industry verticals, driving digital innovation and transforming the way people and businesses operate in the U.K.
Reasons to subscribe to UK 5g services market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UK 5g services market databook
-
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.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 UK 5g services market , including forecasts for subscribers. This country databook contains high-level insights into UK 5g services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK 5g services market size, by vertical, 2018-2030 (US$M)
UK 5G Services Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
