Global 5G Services Market Size & Trends

2023-05-23 12:51:26 UTC | Electronics & Semiconductors
Global 5G Services Market Size & Trends

According to a new market research report published by Global Market Estimates, the Global 5G Services Market is expected to grow at a CAGR of 54.5% from 2023 to 2028.

5G services improve the user experiences including seamless calling, virtual reality, augmented reality, ultra-high-definition videos, gaming, and others. This helps the business models with smooth services due to data speeds and due to low latency. During the forecast period, due to the rise in adoption of these services, the market for 5G services is estimated to propel as it will boost the IoT applications.

Browse 147 Market Data Tables and 115 Figures spread through 163 Pages and in-depth TOC on “Global 5G Services Market - Forecast to 2028’’


Key Market Insights

·         As per the network architecture outlook, the non-standalone segment is expected to be the largest segment in the global 5G services market from 2023 to 2028.

·         As per the industry vertical, the healthcare segment is expected to be the fastest-growing segment in the global 5G services market from 2023 to 2028.

·         The Asia Pacific region is analyzed to be the fastest-growing region in the market.

·         North America region will have the largest share in the market during the forecast period [2023-2028].

·         AT&T, Inc., BT Group PLC, China Mobile Ltd., China Telecom Corporation Ltd., Bharti Airtel Ltd., NTT Docomo, KT Corp., Saudi Telecom Company, Vodafone Group, and Deutsche Telekom AG among others are some of the key players in the global 5G services market.


Component Outlook (Revenue, USD Billion, 2023-2028)

·         Solutions

·         Services

Network Architecture Outlook (Revenue, USD Billion, 2023-2028)

·         Non-standalone Mode

·         Standalone Mode

Enterprise Size Outlook (Revenue, USD Billion, 2023-2028)

·         Large Enterprises

·         Small & Medium Enterprises


Industry Vertical Outlook (Revenue, USD Billion, 2023-2028)

·         Manufacturing

·         Energy & Utilities

·         Transportation & Logistics

·         Oil & Gas

·         Retail

·         Healthcare

·         IT & Telecom

·         Media & Entertainment

·         BFSI

·         Others

By Regional Outlook (Revenue, USD Billion, 2023-2028)

North America                                                                                 


Asia Pacific

Central & South America

Middle East & Africa


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