Global 5G Applications and Services Market 2023 by Company, Regions, Type and Application, Forecast to 2029

5G is the 5th generation mobile network. It is a new global wireless standard after 1G, 2G, 3G, and 4G networks. 5G enables a new kind of network that is designed to connect virtually everyone and everything together including machines, objects, and devices. 5G wireless technology is meant to deliver higher multi-Gbps peak data speeds, ultra low latency, more reliability, massive network capacity, increased availability, and a more uniform user experience to more users. Higher performance and improved efficiency empower new user experiences and connects new industries.
5G is a unified, more capable air interface. It has been designed with an extended capacity to enable next-generation user experiences, empower new deployment models and deliver new services. With high speeds, superior reliability and negligible latency, 5G will expand the mobile ecosystem into new realms. 5G will impact every industry, making safer transportation, remote healthcare, precision agriculture, digitized logistics — and more — a reality.

According to our Researcher latest study, the global 5G Applications and Services market size was valued at USD 68640 million in 2022 and is forecast to a readjusted size of USD 308100 million by 2029 with a CAGR of 23.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global key players of 5G Applications and Services include Ericsson, Huawei, etc. Global top 3 companies hold a share about 30%. Europe is the largest market, with a share about 40%, followed by North America and Asia Pacific with the share about 30% and 25%. In terms of product, eMBB (Enhance Mobile Broadband) is the largest segment, with a share over 40%. And in terms of application, the largest application is Manufacturing, with a share about 30%.

This report is a detailed and comprehensive analysis for global 5G Applications and Services market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global 5G Applications and Services market size and forecasts, in consumption value ($ Million), 2018-2029

Global 5G Applications and Services market size and forecasts by region and country, in consumption value ($ Million), 2018-2029

Global 5G Applications and Services market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029

Global 5G Applications and Services market shares of main players, in revenue ($ Million), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for 5G Applications and Services

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global 5G Applications and Services market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ericsson, Huawei, Nokia, Samsung and ZTE, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation

5G Applications and Services market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

EMBB (Enhance Mobile Broadband)

URLLC (Ultra Reliable Low Latency Communications)

MMTC (Massive Machine Type Communications)

Market segment by Application

Telecom

Media & Entertainment

Manufacturing

Transportation

Retail and Logistics

Healthcare

Public Services

BFSI

Others

Market segment by players, this report covers

Ericsson

Huawei

Nokia

Samsung

ZTE

China Mobile

China Telecom

China Unicom

Verizon

AT&T

Deutsche Telekom AG

Vodafone Group

SK Telecom

NTT

KT Corporation

Market segment by regions, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)

South America (Brazil, Argentina and Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe 5G Applications and Services product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of 5G Applications and Services, with revenue, gross margin and global market share of 5G Applications and Services from 2018 to 2023.

Chapter 3, the 5G Applications and Services competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and 5G Applications and Services market forecast, by regions, type and application, with consumption value, from 2024 to 2029.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War

Chapter 12, the key raw materials and key suppliers, and industry chain of 5G Applications and Services.

Chapter 13, to describe 5G Applications and Services research findings and conclusion.

Frequently Asked Questions