Market revenue in 2025 | USD 293,467.9 million |
Market revenue in 2030 | USD 426,619.0 million |
Growth rate | 7.9% (CAGR from 2026 to 2030) |
Largest segment | Mobile data services |
Fastest growing segment | Mobile Data Services |
Historical data | 2018 - 2024 |
Base year | 2025 |
Forecast period | 2026 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Fixed Voice Services, Fixed Internet Access Services, Mobile Voice Services, Mobile Data Services, Pay TV Services, Machine-to-Machine (Mobile IoT) Services |
Key market players worldwide | AT&T, Verizon Communications Inc, Nippon Telegraph & Telephone Corp, China Mobile, Deutsche Telekom AG, SoftBank Group Corp, Telefonica SA, Vodafone Group PLC, KT Corp ADR, Reliance Inc, KDDI Corp, Orange SA, BT Group PLC, Comcast Corp Class A |
Mobile data services was the largest segment with a revenue share of 36.47% in 2025. Horizon Databook has segmented the China telecom services market based on fixed voice services, fixed internet access services, mobile voice services, mobile data services, pay tv services, machine-to-machine (mobile iot) services covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing number of 5G connections across China is a major factor driving the growth of the market. According to the GSMA’s The Mobile Economy China 2023 report, by the end of 2022, the number of 5G base stations in China surpassed 2.3 million, with around 887,000 installed during the year.
China is projected to achieve a significant milestone by becoming the first market to reach 1 billion 5G connections by 2025. Furthermore, by 2030, the number of 5G connections in China is estimated to rise to 1.6 billion, accounting for nearly one-third of the global total.
The widespread adoption of 5G technology in China is expected to contribute approximately USD 290 billion to the country's economy by 2030, with various industries benefiting from its implementation. Furthermore, key market players are pursuing various initiatives to launch 5G voice services across China.
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