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5G Services Market, 2021 Size, Share, Trends, Growth Outlook with Company Analysis and Forecast to 2030
Global 5G Services Market
The 5G services market report describes and explains the global 5G services market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The 5G services market consists of sales of 5G and its related services. 5G is 5th generation services that evaluate networks to interconnect people, control machines, devices, and objects. 5G services will deliver the high levels of efficiency and performance that will empower to connect new industries and new user experience. 5G delivers the speed as high as 20 Gbps and is likely to refine a broad range of services in industries ranging from transportation to retail, education to entertainment, medical to an automotive and wide array of the internet of things (IoT).
The global 5G services market is expected to grow from $69.39 billion in 2020 to $83.24 billion in 2021 at a compound annual growth rate (CAGR) of 20%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The 5G services market is expected to reach $188 billion in 2025 at a CAGR of 23%.
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Some of the major players of 5G services market are AT&T, Verizon Communications, Inc., China Mobile, Vodafone, Telstra, China Telecom, Deutsche Telecom, SK Telecom, Saudi Telecom Company, and T-Mobile USA Inc.
The countries covered in the 5G services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The regions covered in the 5G services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The global 5G services market is segmented -
1) By Communication Type: Fixed Wireless Access (FWA), Enhanced Mobile Broadband (eMBB), Ultra-Reliable and Low Latency Communications (uRLLC), Massive Machine-Type Communications (mMTC)
2) By End-User: Manufacturing, Energy & Utilities, Media & Entertainment, IT & Telecom, Transportation & Logistics, Healthcare
3) By Vertical: Smart Cities, Smart Buildings, Connected Factories, Smart Utilities, Connected Healthcare, Connected Retail, Others
Read More On The Global 5G Services Market Report:
https://www.thebusinessresearchcompany.com/report/5g-services-global-market-report-2020-30-covid-19-implications-and-growth
Few Points From Table Of Content
1. Executive Summary
2. 5G Services Market Characteristics
3. 5G Services Market Trends And Strategies
4. Impact Of COVID-19 On 5G Services
5. 5G Services Market Size And Growth
....
27. 5G Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The 5G Services Market
29. 5G Services Market Future Outlook and Potential Analysis
30. Appendix
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