U.S. 5g Services Market Size & Outlook, 2023-2030
U.S. 5g services market, 2018-2030 (US$M)
Related Markets
U.S. 5g services market highlights
- The U.S. 5g services market generated a revenue of USD 20,482.6 million in 2023 and is expected to reach USD 377,629.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 51.6% 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 20,482.6 million |
| Market revenue in 2030 | USD 377,629.8 million |
| Growth rate | 51.6% (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, U.S. accounted for 24.3% 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 |
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U.S. 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 93.92% in 2023. Horizon Databook has segmented the U.S. 5g services market based on consumer, enterprises covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. 5G service market is experiencing significant growth and innovation. Telecom operators are rapidly expanding their 5G networks, enabling faster speeds, low latency, and enhanced connectivity. Companies are leveraging 5G to offer transformative services like autonomous vehicles, smart cities, and IoT applications.
For example, Verizon recently launched its 5G Ultra Wideband service, providing ultra-fast speeds and enabling immersive experiences such as augmented reality gaming. AT&T Inc is partnering with incumbents of industries like healthcare and manufacturing to utilize 5G for remote surgery and automated processes.
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Target buyers of U.S. 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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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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. 5g services market , including forecasts for subscribers. This country databook contains high-level insights into U.S. 5g services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. 5g services market size, by vertical, 2018-2030 (US$M)
U.S. 5G Services Market Outlook Share, 2023 & 2030 (US$M)
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