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The global 5G Services market size is expected to reach USD 498.3 billion by 2027 according to a new study by Polaris Market Research
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5G Services Market Market Set to Exceed USD 498.3 Billion By 2027 | CAGR 41.1%
5G Services Market Size Worth $498.3 Billion By 2027 “5G Services Market Share, Size, Trends, Industry Analysis Report, By Communication Type (FWA, eMBB, uRLLC, mMTC); By End-Use (Smart Cities, Connected Workers, Connected Vehicles, Connected Factories, Smart Buildings, Smart Utilities, Connected Healthcare); By Industry Vertical (Energy & Utility, Media & Entertainment, IT & Telecom, Transportation & Logistics, Healthcare, Retail, Agriculture, O&G and Mining, BFSI, Construction, and Real Estate); By Regions; Segment Forecast, 2021 –2027” The global 5G Services market size is expected to reach USD 498.3 billion by 2027 according to a new study by Polaris Market Research. 5G is the next generation cellular technology, offers download speeds approximately 100 times faster than 4G LTE networks. 5G services improve telecommunication service providers and businesses to deploy and operate 5G network. 5G technology is being increasingly commercialized in different parts of the globe, with China leading the race. Moreover, it has a higher consistency & lower latency in comparison to the previous technologies. The growing incorporation of AR/VR technology across various verticals, such as aerospace & defence, automotive, medical, and retail, is also expected to fuel the product demand in the coming years. The prominence of OTT services such as Netflix, Amazon Prime, Hulu, Disney+, etc. has disrupted the media and entertainment industry and on-demand content is being increasingly preferred by the younger generation. Browse Detailed Research Report On 5G Services Market Analysis: https://www.polarismarketresearch.com/industry-analysis/5g-services-market Robust deployment of 5G services, networks, and infrastructure advancement to provide enhance services for the customers is projected to drive the demand in the forecast years. Collaboration between the smartphone manufacturers, chipset providers and telecommunication providers will help in the acceleration of commercial 5G services. Therefore, the demand for 5G services can likely be engineered 5G component to make its use in a cost-effective manner. Market participants such as AT&T Inc., Bharti Airtel Limited, BT Group plc, China Mobile Ltd., China Telecom Corporation Limited, Deutsche Telekom AG, KT Corporation, NTT Docomo, Reliance Jio, SK Telecom Co., Ltd., Sprint Corporation, Telecom Italia, Telstra, Verizon Communications Inc., and Vodafone Group are some of the key players operating in the global market. Recent key initiatives by the key industry players show expresses the need of such services. For instance, recently Airtel renewed its partnership with Ericsson to enhance the performance of Airtel’s cellular networks and customer experience through Ericsson Operation Engine across India. Moreover, Reliance Jio and Google has made a strategic move by making a deal to manufacture an affordable 5G Android based operating system smartphone and launch services as well. Telefonica Deutschland has signed contracts with multiple vendors to build 5G cellular network across Germany. - 2 -
5G Services Market Size Worth $498.3 Billion By 2027 The 5G services manufacturers are focusing on enhanced mobile broadband (eMBB) segment to deliver higher capacity and higher user mobility that will enable broadband services of mobile in moving vehicles including car, buses, trains and planes. In China, for instance, the government has drastically reduced licensing costs to speed up the rolling out of 5G services. Furthermore, the IT and telecom vertical are expected to rise in the coming years as the growing demand for higher data speeds and enhanced virtual business meetings. Request for sample: https://www.polarismarketresearch.com/industry-analysis/5g-services- market/request-for-sample Table of Contents 1. Introduction 1.1. Report Description 1.1.1. Objectives of the Study 1.1.2. Market Scope 1.1.3. Assumptions 1.2. Stakeholders 2. Executive Summary 2.1. Market Highlights 3. Research Methodology 3.1. Overview 3.1.1. Data Mining 3.2. Data Sources 3.2.1. Primary Sources 3.2.2. Secondary Sources 4. 5G Services Market Insights 4.1. 5G Services – Industry snapshot 4.2. 5G Services Market Dynamics 4.2.1. Drivers and Opportunities 4.2.1.1. 4.2.1.2. 4.2.2. Restraints and Challenges Rapid innovations in the 5G services Rapid uptake in varied verticals - 3 -
5G Services Market Size Worth $498.3 Billion By 2027 4.2.2.1. Data feeding issues 4.3. Porter’s Five Forces Analysis 4.3.1. Bargaining Power of Suppliers (Moderate) 4.3.2. Threats of New Entrants: (Low) 4.3.3. Bargaining Power of Buyers (Moderate) 4.3.4. Threat of Substitute (Moderate) 4.3.5. Rivalry among existing firms (High) 4.4. PESTLE Analysis 4.5. 5G Services Market Industry trends 5. 5G Services Market Assessment by Communication Type 5.1. Key Findings 5.2. Introduction 5.2.1. Global 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 5.3. FWA 5.3.1. Global 5G Services Market, by FWA, by Region, 2020 - 2027 (USD Billion) 5.4. eMBB 5.4.1. Global 5G Services Market, by eMBB, by Region, 2020 - 2027 (USD Billion) 5.5. uRLLC 5.5.1. Global 5G Services Market, by uRLLC, by Region, 2020 - 2027 (USD Billion) 5.6. mMTC 5.6.1. Global 5G Services Market, by mMTC, by Region, 2020 - 2027 (USD Billion) 6. Global 5G Services Market, by End-Use 6.1. Key Findings 6.2. Introduction 6.2.1. Global 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 6.3. Smart Cities 6.3.1. Global 5G Services Market, by Smart Cities End-Use, By Region, 2020 - 2027 (USD Billion) 6.4. Connected Workers 6.4.1. Global 5G Services Market, by Connected Worker End-Use, By Region, 2020 - 2027 (USD Billion) 6.5. Connected Vehicles 6.5.1. Global 5G Services Market, by Connected Vehicles End-Use, By Region, 2020 - 2027 (USD Billion) 6.6. Connected Factories 6.6.1. Global 5G Services Market, by Connected Factories End-Use, By Region, 2020 - 2027 (USD Billion) 6.7. Smart Buildings 6.7.1. Global 5G Services Market, by Smart Factories End-Use, By Region, 2020 - 2027 (USD Billion) 6.8. Smart Utilities 6.8.1. Global 5G Services Market, by Smart utilities End-Use, By Region, 2020 - 2027 (USD Billion) 6.9. Connected Healthcare 6.9.1. Global 5G Services Market, by Connected Healthcare End-Use, By Region, 2020 - 2027 (USD Billion) 7. Global 5G Services Market, by Vertical 7.1. Key Findings 7.2. Introduction 7.2.1. Global 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 7.3. Energy & Utility 7.3.1. Global 5G Services Market, by Energy & Utility, By Region, 2020 - 2027 (USD Billion) 7.4. Media & Entertainment 7.4.1. Global 5G Services Market, by Media & Entertainment, by Region, 2020 - 2027 (USD Billion) - 4 -
5G Services Market Size Worth $498.3 Billion By 2027 7.5. IT & Telecom 7.5.1. Global 5G Services Market, by IT & Telecom, by Region, 2020 - 2027 (USD Billion) 7.6. Discrete & Process Manufacturing 7.6.1. Global 5G Services Market, by Discrete & Process Manufacturing, by Region, 2020 - 2027 (USD Billion) 7.7. Transportation & Logistics 7.7.1. Global 5G Services Market, by Transportation & Logistics, by Region, 2020 - 2027 (USD Billion) 7.8. Healthcare 7.8.1. Global 5G Services Market, by Healthcare, by Region, 2020 - 2027 (USD Billion) 7.9. Retail 7.9.1. Global 5G Services Market, by Retail, by Region, 2020 - 2027 (USD Billion) 7.10. Agriculture 7.10.1. Global 5G Services Market, by Agriculture, by Region, 2020 - 2027 (USD Billion) 7.11. Oil & Gas and Mining 7.11.1. Global 5G Services Market, by Oil & Gas and Mining, by Region, 2020 - 2027 (USD Billion) 7.12. BFSI 7.12.1. Global 5G Services Market, by BFSI, by Region, 2020 - 2027 (USD Billion) 7.13. Construction, and Real Estate 7.13.1. Global 5G Services Market, by Construction, and Real Estate, by Region, 2020 - 2027 (USD Billion) 8. 5G Services Market Assessment by Geography 8.1. Key findings 8.2. Introduction 8.2.1. 5G Services Market Assessment, By Geography, 2020 - 2027 (USD Billion) 8.3. 5G Services Market – North America 8.3.1. North America: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.3.2. North America: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.3.3. North America: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.3.4. 5G Services Market – U.S. 8.3.4.1. U.S.: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.3.4.2. U.S.: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.3.4.3. U.S.: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.3.5. 5G Services Market – Canada 8.3.5.1. Canada: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.3.5.2. Canada.: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.3.5.3. Canada.: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.4. 5G Services Market – Europe 8.4.1. Europe: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.4.2. Europe: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.4.3. Europe: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.4.4. 5G Services Market – UK 8.4.4.1. UK: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.4.4.2. UK: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.4.4.3. UK: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.4.5. 5G Services Market – France 8.4.5.1. France: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.4.5.2. France: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.4.5.3. France: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.4.6. 5G Services Market – Germany - 5 -
5G Services Market Size Worth $498.3 Billion By 2027 Germany: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.4.6.2. Germany: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.4.6.3. Germany: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.4.7. 5G Services Market – Italy 8.4.7.1. Italy: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.4.7.2. Italy: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.4.7.3. Italy: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.4.8. 5G Services Market – Spain 8.4.8.1. Spain: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.4.8.2. Spain: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.4.8.3. Spain: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.4.9. 5G Services Market – Netherlands 8.4.9.1. Netherlands: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.4.9.2. Netherlands: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.4.9.3. Netherlands: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.4.10. 5G Services Market – Austria 8.4.10.1. Austria: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.4.10.2. Austria: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.4.10.3. Austria: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.5. 5G Services Market – Asia-Pacific 8.5.1. Asia Pacific: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.5.2. Asia Pacific: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.5.3. Asia Pacific: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.5.4. 5G Services Market – China 8.5.4.1. China: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.5.4.2. China: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.5.4.3. China: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.5.5. 5G Services Market – India 8.5.5.1. India: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.5.5.2. India.: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.5.5.3. India.: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.5.6. 5G Services Market – Malaysia 8.5.6.1. Malaysia: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.5.6.2. Malaysia: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.5.6.3. Malaysia: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.5.7. 5G Services Market – Japan 8.5.7.1. Japan: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.5.7.2. Japan: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.5.7.3. Japan: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.5.8. 5G Services Market – South Korea 8.5.8.1. South Korea: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.5.8.2. South Korea: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.5.8.3. South Korea: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.5.9. 5G Services Market – Australia 8.4.6.1. - 6 -
5G Services Market Size Worth $498.3 Billion By 2027 Australia: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.5.9.2. Australia.: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.5.9.3. Australia.: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.6. 5G Services Market – Middle East & Africa 8.6.1. Middle East & Africa: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.6.2. Middle East & Africa.: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.6.3. Middle East & Africa.: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.6.4. 5G Services Market – Saudi Arabia 8.6.4.1. Saudi Arabia: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.6.4.2. Saudi Arabia.: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.6.4.3. Saudi Arabia.: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.6.5. 5G Services Market – UAE 8.6.5.1. UAE: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.6.5.2. UAE: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.6.5.3. UAE: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.6.6. 5G Services Market – Israel 8.6.6.1. Israel: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.6.6.2. Israel: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.6.6.3. Israel: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.6.7. 5G Services Market – South Africa 8.6.7.1. South Africa: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.6.7.2. South Africa: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.6.7.3. South Africa: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.7. 5G Services Market – Latin America 8.7.1. Latin America: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.7.2. Latin America: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.7.3. Latin America: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.7.4. 5G Services Market – Mexico 8.7.4.1. Mexico: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.7.4.2. Mexico.: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.7.4.3. Mexico.: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.7.5. 5G Services Market – Brazil 8.7.5.1. Brazil: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.7.5.2. Brazil.: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.7.5.3. Brazil.: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 8.7.6. 5G Services Market – Colombia 8.7.6.1. Colombia: 5G Services Market, By Communication Type, 2020 - 2027 (USD Billion) 8.7.6.2. Colombia.: 5G Services Market, By End-Use, 2020 - 2027 (USD Billion) 8.7.6.3. Colombia.: 5G Services Market, By Vertical, 2020 - 2027 (USD Billion) 9. Competitive Landscape 9.1. Expansion and Acquisition Analysis 9.1.1. Expansion 9.1.2. Acquisitions 9.2. Partnerships/Collaborations/Agreements/Exhibitions 10. Company Profiles 8.5.9.1. - 7 -
5G Services Market Size Worth $498.3 Billion By 2027 10.1. AT&T Inc. 10.1.1. Company Overview 10.1.2. Financial Performance 10.1.3. Product/Services Benchmarking 10.1.4. Recent Development 10.2. Bharti Airtel Limited 10.2.1. Company Overview 10.2.2. Financial Performance 10.2.3. Product/Services Benchmarking 10.2.4. Recent Development 10.3. BT Group plc 10.3.1. Company Overview 10.3.2. Financial Performance 10.3.3. Product/Services Benchmarking 10.3.4. Recent Development 10.4. China Mobile Ltd. 10.4.1. Company Overview 10.4.2. Financial Performance 10.4.3. Product/Services Benchmarking 10.4.4. Recent Development 10.5. China Telecom Corporation Limited 10.5.1. Company Overview 10.5.2. Financial Performance 10.5.3. Product/Services Benchmarking 10.5.4. Recent Development 10.6. Deutsche Telekom AG 10.6.1. Company Overview 10.6.2. Financial Performance 10.6.3. Product/Services Benchmarking 10.6.4. Recent Development 10.7. KT Corporation 10.7.1. Company Overview 10.7.2. Financial Performance 10.7.3. Product/Services Benchmarking 10.7.4. Recent Development 10.8. NTT Docomo 10.8.1. Company Overview 10.8.2. Financial Performance 10.8.3. Product/Services Benchmarking 10.8.4. Recent Development 10.9. Reliance Jio 10.9.1. Company Overview 10.9.2. Financial Performance 10.9.3. Product/Services Benchmarking 10.9.4. Recent Development 10.10. SK Telecom Co., Ltd. 10.10.1. Company Overview 10.10.2. Financial Performance 10.10.3. Product/Services Benchmarking 10.10.4. Recent Development 10.11. Sprint Corporation 10.11.1. Company Overview 10.11.2. Financial Performance 10.11.3. Product/Services Benchmarking 10.11.4. Recent Development - 8 -
5G Services Market Size Worth $498.3 Billion By 2027 10.12. Telecom Italia 10.12.1. 10.12.2. 10.12.3. 10.12.4. 10.13. 10.13.1. 10.13.2. 10.13.3. 10.13.4. 10.14. 10.14.1. 10.14.2. 10.14.3. 10.14.4. 10.15. 10.15.1. 10.15.2. 10.15.3. 10.15.4. Company Overview Financial Performance Product/Services Benchmarking Recent Development Telstra Company Overview Financial Performance Product/Services Benchmarking Recent Development Verizon Communications Inc. Company Overview Financial Performance Product/Services Benchmarking Recent Development Vodafone Group Company Overview Financial Performance Product/Services Benchmarking Recent Development Access Press Release on 5G Services market: https://www.polarismarketresearch.com/press-releases/5g-services-market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com - 9 -