The 5G Services Market size was valued at USD 68.28 Bn. in 2021 and the total revenue is expected to grow by 28.90% from 2022 to 2029, reaching nearly 522.66 Bn.
5G Services Market Overview
The new market intelligence report published by Global Market Intelligence firm, Maximize Market Research, indicates the lucrative growth for 5G Services Market suppliers in the forecast period through 2029. The Maximize Market Research, an 5G Services market research firm, has served more than 600 clients across the world since 2017.
Market Scope
The report provides current 5G Services market trends and regional insights in terms of demand, supply, and sales, as well as recent changes in the market. The 5G Services market report focuses on the key drivers and restraints for key players, as well as the current competitive landscape and development prospects. The 5G Services market report provides the most up-to-date market statistics, as well as future developments, size, and emerging trends, allowing you to identify the products and end users that are driving revenue growth and profitability. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, Gross Margin & Sales by Product are all included in this global 5G Services market research report.
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Key Segments Covered In 5G Services Industry Analysis :
By Communication Type, the 5G Services Market is segmented into Fixed Wireless Access (FWA), Ultra-reliable and Low Latency Communications (uRLLC), Enhanced Mobile Broadband (eMBB), and Massive Machine-type Communications (mMTC). Enhanced Mobile Broadband (eMBB) segment held the largest market share accounting for 40.22% in 2021. The large proportion is ascribed to 5G network operators' initial focus on delivering better internet capabilities for applications like fast cloud gaming, augmented reality and virtual reality, UHD video, and uninterrupted video conversations. It is expected that the initial rollout phase will concentrate on a 5G wireless non-standalone deployment architecture. For both home and commercial use, eMBB offers incredibly fast broadband speeds.
by Communication Type
• Fixed Wireless Access (FWA)
• Ultra-reliable and Low Latency Communications (uRLLC)
• Enhanced Mobile Broadband (eMBB)
• Massive Machine-type Communications (mMTC)
by Enterprises
• Manufacturing
• Energy and Utilities
• Media and Entertainment
• Government
• Transportation and Logistics
• Healthcare
• Others by End Users
• Consumers
• Enterprises
Key Players :
• Anokiwave (United States)
• Broadcom (United States)
• Analog Devices (United States)
• AT&T (United States)
• International Business Machines (United States)
• Qorvo (United States)
• Xilinx (United States)
• Verizon (United States)
• Sprint (United States)
• Qualcomm Technologies (United States)
• Integrated Device Technology (United States)
• BT Group (United Kingdom)
• Vodafone (United Kingdom)
• Infineon Technologies (Germany)
• Deutsche Telecom (Germany)
• Ericsson (Sweden)
• Nokia (Finland)
• Airtel (India)
• China Mobile (China)
• China Telecom (China)
• Korea Telecom (South Korea)
• Saudi Telecom Company (Kuwait)
• SK Telecom (South Korea)
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Regional Analysis
5G Services Region dominated the 5G Services Market in 2021 and is expected to witness significant growth during the forecast period. Government initiatives in the sector and regulations and rein in rising expenses drive the 5G Services Market growth in the region. The 5G Services market report includes a geographic condition of the market, and revenue as well as in-depth research into the business network structure, opportunities, and news updates.
Key Questions answered in the 5G Services Market Report are:
Key offerings:
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Mar 06, 2023