5G and Services Market

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.

5G and Services Market contains market size and forecasts of 5G Applications and Services in Global, including the following market information:

Global 5G Applications and Services Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global 5G Applications and Services market was valued at 68640 million in 2021 and is projected to reach US$ 308100 million by 2028, at a CAGR of 23.9% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

EMBB (Enhance Mobile Broadband) Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of 5G Applications and Services include Ericsson, Huawei, Nokia, Samsung, ZTE, China Mobile, China Telecom, China Unicom and Verizon, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the 5G Applications and Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global 5G Applications and Services Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global 5G Applications and Services Market Segment Percentages, by Type, 2021 (%)

EMBB (Enhance Mobile Broadband)

URLLC (Ultra Reliable Low Latency Communications)

MMTC (Massive Machine Type Communications)

Global 5G Applications and Services Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global 5G Applications and Services Market Segment Percentages, by Application, 2021 (%)

Telecom

Media & Entertainment

Manufacturing

Transportation

Retail and Logistics

Healthcare

Public Services

BFSI

Others

Global 5G Applications and Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global 5G Applications and Services Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies 5G Applications and Services revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies 5G Applications and Services revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Ericsson

Huawei

Nokia

Samsung

ZTE

China Mobile

China Telecom

China Unicom

Verizon

AT&T

Deutsche Telekom AG

Vodafone Group

SK Telecom

NTT

KT Corporation