736 , Shakti Khund III , New Delhi
+1778-732-2562

Global 5G Services Market By Communication Type (mMTC, uRLLC, Others), By Vertical (Broadband, Connected Healthcare, Others), By End-Users (Transportation & Logistics, Manufacturing, Others), By Region, Forecast & Opportunities to 2026

The global 5G services market accounted for a value of USD 47.3 billion in 2019 and is projected to register growth at a CAGR of 16.1% during forecast period.

COVID-19 has impacted the 5G services market. The outbreak of corona virus globally has delayed the 5G connectivity projects around the world. The manufacturing industries have to halt its production and supply chain of hardware is disrupted due to lockdown and travel restriction. The demand from end-users is declining rapidly declining due to outbreak of corona virus. The market is likely to witness decline in growth due to COVID-19.

Definition:

5G can be defined as a fifth generation technology standard for broadband cellular networks. The cellular phone companies began to deploying 5G services worldwide in 2019 and it is planned successor to the 4G networks which is currently providing connectivity to most current cellphones. The 5G networks are cellular networks, in which the service are is divides into geographical areas called cells and all 5G wireless devices in a cell are connected to telephone network and internet through a local antenna by radio waves in the cell.

Market Dynamics (Drivers/Opportunities):

The demand for 5G services is increasing from Internet of Things (IoT) to deliver high performance and efficiency. The market for internet of things is increasing immensely across the world. The growing need to connect smart devices with high-speed internet and demand for IoT increases the growth in 5G services market during forecast period.

The introduction of AI-powered services leads to the growth of 5G services market. The commercial use of 5G services is expanding rapidly. The number of cloud based VR or AR and number of connections are rapidly increasing which generates higher demand for 5G services in the market. This boosts the growth in 5G services market during forecast period.

Market Insights, by Communication Type

On the basis of communication type, the 5G services market is segmented into massive machine-type communication (mMTC), ultra-reliable & low latency communication (uRLLC), enhanced mobile broadband (eMBB) and fixed wireless access (FWA). The mMTC segment is estimated to foresee fastest growth during forecast period. The mMTC focuses on providing service for high connection density applications. The demand for uninterrupted connectivity for deployed IoT devices in network is increasing around the world. This increases the demand for mMTC segment and drives growth in mMTC market during forecast period.

Market Insights, by Vertical

On the basis of vertical, the 5G services market is segmented into broadband, voice, smart cities, connected factories, smart buildings, connected vehicles, connected healthcare, connected retail and smart utilities. The broadband segment is estimated to hold the largest market share during forecast period. The broadband is deployed by companies in various cities. The adoption of broadband is increasing around the world and this drives growth in broadband vertical during forecast period.

Market Insights, by End-Users

On the basis of end-users, the 5G services market is segmented into manufacturing, retail, healthcare, transportation & logistics, IT & telecom, media & entertainment, energy & utility, agriculture, O&G & mining, BFSI, construction and real estate. The IT & telecom segment is estimated to dominate the market during forecast period. The corporate players are making significant investment in the adoption of the latest technologies for communication. The demand for higher data speeds for commercial and residential applications is increasing and this drives growth in IT & telecom segment during forecast period.

Regional Insights

North America region is estimated to register growth at highest CAGR during forecast period. The investment in deploying 5G networks infrastructure is increasing in this region. The investment in building smart homes, smart cities and smart industries projects are increasing in this region and this increases demand for 5G services. The investment in research and development sector is increasing in this region and demand for high speed internet connectivity and telecom service providers is increasing in this region. This drives growth in 5G services market during forecast period.

Key Companies & Market Share Insights

The key market players in 5G services industry are AT&T, China Mobile, SK Telecom, Verizon, BT Group, China Telecom, Deutsche Telekom, KT Corporation, Sprint Corporation, Telstra, NTT Docomo, Airtel, DU, Vodafone Group, Saudi Telecom Company and Telecom Italia.

Segments Covered in the Report

This report forecasts The Global 5G Services Market, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2026. For the purpose of this study, Our Company has segmented the global 5G services market report on the basis of communication type, vertical, and end-users.

5G Services Market Size & Forecast (2017-2026)

  1. Research Framework
    • Market Definition and Product Overview
    • Market Segmentation
  2. Research Methodology
    • Qualitative Research
      • Primary & Secondary Sources
    • Quantitative Research
      • Primary & Secondary Sources
    • Breakdown of Primary Research Respondents, By Region
      • Secondary Research
      • Primary Research
    • Breakdown of Primary Research Respondents, By Industry Participants
      • Market Size Estimation
      • Assumption for the Study
      • Market Breakdown & Data Triangulation
  1. Executive Summary
    • Market Snapshot
  2. Industry Insights
    • Industry ecosystem analysis
      • Value Chain Analysis
    • Industry impact and forces
      • Growth Drivers
      • Challenges &Restraints
      • Opportunities
    • Disruptive Technological Analysis
    • Regulatory framework
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
    • Growth potential analysis, 2019
    • Porter’s Five forces analysis
    • Pricing Analysis
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
  1. COVID – Impact Analysis
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • South America
  2. 5G Services Market, By Communication Type, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Massive Machine-Type Communication (mMTC)
  • Ultra-Reliable & Low Latency Communication (uRLLC)
  • Enhanced Mobile Broadband (eMBB)
  • Fixed Wireless Access (FWA)
  1. 5G Services Market, By Vertical, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Broadband
  • Voice
  • Smart Cities
  • Connected Factories
  • Smart Buildings
  • Connected Vehicles
  • Connected Healthcare
  • Connected Retail
  • Smart Utilities
  1. 5G Services Market, By End-Users, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Manufacturing
  • Retail
  • Healthcare
  • Transportation & Logistics
  • IT & Telecom
  • Media & Entertainment
  • Energy & Utility
  • Agriculture
  • O&G & Mining
  • BFSI
  • Construction
  • Real Estate
  1. 5G Services Market, By Region, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • North America Market Size & Forecast To 2026
    • Market Overview
    • COVID-19 Impact
    • By Communication Type
    • By Vertical
    • By End-Users
    • By Country
      • USA
        • By End-Users
      • Canada
      • Mexico
    • South America Market Size & Forecast To 2026
      • Market Overview
      • COVID-19 Impact
      • By Communication Type
      • By Vertical
      • By End-Users
      • By Country
        • Brazil
          • By End-Users
        • Argentina
        • Chile
        • Rest of South America
      • Europe Market Size & Forecast To 2026
        • Market Overview
        • COVID-19 Impact
        • By Communication Type
        • By Vertical
        • By End-Users
        • By Country
          • UK
            • By End-Users
          • Germany
          • France
          • Italy
          • Rest of Europe
        • APAC Market Size & Forecast To 2026
          • Market Overview
          • COVID-19 Impact
          • By Communication Type
          • By Vertical
          • By End-Users
          • By Country
            • China
              • By End-Users
            • India
            • Japan
            • South Korea
            • Australia
            • Rest of APAC
          • Middle East & Africa Market Size & Forecast To 2026
            • Market Overview
            • COVID-19 Impact
            • By Communication Type
            • By Vertical
            • By End-Users
            • By Country
              • Saudi Arabia
                • By End-Users
              • UAE
              • Qatar
              • Kuwait
              • South Africa
              • Rest of Middle East & Africa
  1. Competitive Landscaping
    • Competitive Benchmarking
      • Market Share Analysis, 2019
      • Global Presence and Growth Strategies
        • Mergers & Acquisitions
        • New Product Launches
        • Investments Trends
        • R&D Initiatives
  1. Company Profile
    • Telecom Italia
      • Company Overview
      • Financial Overview
      • Product Portfolio
      • Recent Developments
      • SWOT Analysis
      • Strategic Outlook
    • AT&T
    • China Mobile
    • SK Telecom
    • Verizon
    • BT Group
    • China Telecom
    • Deutsche Telekom
    • KT Corporation
    • Sprint Corporation
    • Telstra
    • NTT Docomo
    • Airtel
    • DU
    • Vodafone Group
    • Saudi Telecom Company
  2. Appendix
    • Interrelated Market

 

Research Methodology

1.1     Research Methodology

The process of market research at PAN Market Consulting is very intuitive being iterative in nature and usually follows the path where Information gathered from secondary research is used to build data models, which are than validated from primary participants. Then same cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new information type is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the product/services. The revenue generated from the sales of product/services has been calculated through primary and secondary research. The report also analyses the key players operating in the market at the global level which are identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes product segmentation determined using secondary sources and verified through primary sources.

1.2     Secondary Research

The secondary research source that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The source for secondary research includes but is not limited to Factiva, Hoovers and Statista

SecondaryResearch

1.3     Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following end users:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4     Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data products to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, product stage & infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

ResearchMethodology1

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach whereas it acts as starting point for top-down approach.

ResearchMethodology2

Please share your details to receive a sample copy of the report

Single User : $3750
Multi User : $6100
Buy Now

 

Why Choose Us

  • 24*7 Post Sales Support
  • Speak to Analyst for Presentations
  • 15% Free Customization
  • Global, Regional & Country level reports
  • Special Discounts for Startups & Educational Institutions

Questions ?

  • What is 15% Free Customization?
  • What is Report Subscription?
  • What is the Delivery Time of the Report?

What You Get

Data Excel Sheets

Report in PDF

Report Subscription

Analyst Support

What's Included

Market Intelligence

Competitive Intelligence

Opportunities and Challenges

Strategic Recommendations