Press release
5G Services Market Size, Share, Future Trends And Forecast By Industry Top Players (2018-2026): Cisco Systems, Samsung, AT&T, Verizon, Telstra, Vodafone
5G Services Market Size – USD 51 billion in 2018, Market Growth - CAGR of 15%, Market Trends – Surging demand to lessen the latency time in online connectivity services as well as the prerequisite of a consistent network service in this age of communication.The global 5G services market size is expected to reach USD 160 billion by 2026, according to a new report by Reports and Data. A swift escalation in the advancement of the Internet of Things (IoT) appliances and their widespread use and a consistent upsurge in the volume of online data transfer in connectivity services is anticipated to push the market growth for 5G network services. Another factor causative of the progress of the market is the escalation in demand to lessen the latency time in online connectivity services as well as the prerequisite of a consistent network service in this age of communication.
One key factor curbing the growth of the concerned market is the cost-intensive implementation of 5G network services. The prerequisite for the deployment of 5G connectivity services is mm-Wave frequency which has the issue of rapid attenuation as compared to the frequency waves used in 4G LTE network services, thereby requiring the necessity of a minimum of 10 transmitting antennas (smart antennas for 5G network services) to amplify the attenuating wave as compared to 4G LTE network technology.
In market segmentation by manufacturers, the 5G Services report covers the following
Cisco Systems (US), Samsung Electronics (South Korea), AT&T (US), Verizon (US), SK Telecom (South Korea), BT Group (UK), China Telecom (China), Telstra (Australia), Airtel (India), Vodafone (UK), and KT Corporation (South Korea)
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5G Services Market split by Industry Verticals Outlook, can be divided into:
• Smart Cities
• Smart Industrial plants
• Smart Automobiles
• Smart Medical Services
• Smart Retail Stores
• Smart Services
• High-Speed Internet
• Others
5G Services Market split by Application Outlook, can be divided into:
• mMTC
• URLLC
• eMBB
• FWA
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Further key findings from the report suggest:
• Smart cities are forecasted to have the highest CAGR of 15.1% during the forecast period. According to the Ministry of Urban and Housing Affairs, Government of India, to date there are 800 projects are at various stages of implementation, 115 projects have commenced, 185 projects are tendered, and 59 cities have incorporated SPVs for swift, transparent, and accountable execution of smart city projects.
• Fixed wireless access (FWA) is anticipated to witness the highest growth rate of 15.2% during the forecast period owing to the offering of various benefits such as high speed and latency free connectivity, smooth coverage in remotely located regions along with lessening in costs incurred by reducing last mile connectivity concerns.
• North America is anticipated to be one of the key revenue generating region and is forecasted to have a growth rate of 14.8% during the forecast period owing to rapid acceptance and usage of the latest technology, like IoT, the necessity of high connectivity services for smoother communication facilities, etc. in this region.
• Key participants include Cisco Systems (US), Samsung Electronics (South Korea), AT&T (US), Verizon (US), SK Telecom (South Korea), BT Group (UK), China Telecom (China), Telstra (Australia), Airtel (India), Vodafone (UK), and KT Corporation (South Korea).
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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
In this study, the years considered to estimate the market size of 5G Services are as follows:
History Year:2017
Base Year: 2018
Forecast Year 2019 to 2026
The 5G Services further aims at providing insight into:
• The major industry terms and forecasts the 5G Services, in terms of growth rate, value as well as segmentation on the basis of technology advancements, application share, and geography.
• The market size across major regions including North America, Asia Pacific, Europe, as well as Rest of the World.
• The micro markets with regards to company growth, prospects, as well as a contribution to the 5G Services industry.
• Data regarding the major drivers, restraining factors, challenges and opportunities affecting the growth rate of the industry.
• Information about growing investment pockets and competitive landscape for prominent players in the industry.
• The value chain pertaining to the 5G Services market.
The report provides answers to the questions below:
• `What will be the status of competitive development including expansion, product and service launches and other developments?
• How much funds are major companies rolling out for their research and development activities in the 5G Services space?
• Based on the end user, which category of the 5G Services is projected to grow rapidly at the highest CAGR from 2019 to 2026?
• Among product and service types, which segment will lead the 5G Services industry during the forecast period?
• Which region is expected to make more sales from 2019 to 2026?
Key Points From TOC:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. 5G Services Market Segmentation & Impact Analysis
Chapter 5. 5G Services Market By Type of Service Insights & Trends
Chapter 6. 5G Services Market By Industry Verticals Insights & Trends
Chapter 7. 5G Services Market By Size of Organization Insights & Trends
Chapter 8. 5G Services Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Browse complete 5G Services report description And Full TOC@ https://www.reportsanddata.com/report-detail/5g-services-market
About Reports and Data
Reports and Data. is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
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