North America Telecom Services Market Size & Outlook
North America telecom services market, 2018-2030 (US$M)
Related Markets
North America telecom services market highlights
- The North America telecom services market generated a revenue of USD 611,192.1 million in 2025.
- The market is expected to grow at a CAGR of 6.7% from 2026 to 2030.
- In terms of segment, mobile data services was the largest revenue generating service type in 2025.
- Machine-to-Machine (Mobile IoT) Services is the most lucrative service type segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2026 to 2030.
North America data book summary
| Market revenue in 2025 | USD 611,192.1 million |
| Market revenue in 2030 | USD 839,249.2 million |
| Growth rate | 6.7% (CAGR from 2026 to 2030) |
| Largest segment | Mobile data services |
| Fastest growing segment | Machine-to-Machine (Mobile IoT) Services |
| Historical data covered | 2018 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, North America region accounted for 29.2% of the global telecom services market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,020,752.7 million by 2030.
Mobile data services was the largest segment with a revenue share of 37.78% in 2025. Horizon Databook has segmented the North America 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 North America telecom services market is poised for significant growth over the forecast period as a result of the presence of prominent players, such as AT&T Inc.; Verizon Communications Inc.; and T-Mobile US, Inc.; among others, and the growing adoption of mobile services in the region.
For instance, according to the Mobile Economy North America 2022 report by GSMA, nearly 329 million people or 84% of the population in North America subscribed to mobile services in 2021. The aggressive investments in the rollout of telecommunications services across the region also bode well with the growth of the market.
For instance, according to the U.S. Department of Commerce’s Agency Financial Report for Fiscal Year 2022, the Department’s National Telecommunications and Information Administration invested over USD 45 billion and launched three major new programs aimed at promoting internet access and driving internet adoption as part of the efforts to open opportunities for everyone in the U.S. to thrive in the modern economy.
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Telecom Services Market Scope
Telecom Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America telecom services market size, by country, 2018-2030 (US$M)
North America Telecom Services Market Outlook Share, 2025 & 2030 (US$M)
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