Uploaded on Jan 29, 2021
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.
5G Services Market Report Analysis 2020-2027
5G Services Market
Set to Reach $498.3 Billion By 2027 | CAGR: 41.1%
“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,
Oil & Gas and Mining, BFSI, Construction, and Real Estate);
By Region ; Segment Forecast, 2021 - 2027”
5G Services Market Estimate & Forecast to 2027
According to a new report by Polaris Market Research, the global 5G Services market is
estimated to reach $498.3 Billion By 2027 registering a CAGR of 41.1% over the forecast
period 2021 to 2027.
The report covers comprehensive research and analysis of 5G Services market in terms of
growth factors, restraints, trends, challenges, and potential opportunities. Existing market
participants and new entrants can use the detailed analysis of market dynamics to devise
key growth strategies and gain a competitive edge in the 5G Services market.
Growing demand from end-use industry applications and rising investments by public-
private organizations in developed & developing countries is anticipated to drive substantial
growth for the 5G Services market. Leading participants are appealed by rising consumer
demand and high-profit margins in 5G Services market, focusing on untapped markets.
With the help of this latest report, participants from the 5G Services market will be able to
make key business decisions and also create their strategies accordingly to stay ahead of
competitors. The report covers accurate data and reliable statistics along with key
recommendations to help players understand the overall present and future scenario for the
5G Services market.
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5G Services Market Scope
By Communication Type By End-Use By Industry Vertical By Region
• FWA • Smart Cities Manufacturing North America
• eMBB • Connected Workers Energy & Utility Europe
• uRLLC • Connected Vehicles Media & Entertainment Asia Pacific
• mMTC • Connected Factories IT & Telecom Latin America Middle East &
• Smart Buildings Transportation & Logistics Africa
• Smart Utilities Healthcare
• Connected Healthcare Retail
Agriculture
Oil & Gas and Mining
Construction
Real Estate
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5G Services Market Estimate & Forecast to 2021/2027
The report covers the segmentation of the 5G Services market based on Communication
Type, End-Use, Industry Vertical and region. In-depth analysis of each segment and sub-
segment including key market trends, prevailing patterns, restraining factors, and potential
opportunities featured in the report. The research report on 5G Services market forecasts
revenue growth at country, regional, and global levels. The report also gives comprehensive
information on the outlook of the market in different regions and provides projections on the
expected growth rate during the forecast period.
The report sheds light on the competitive scenario of the 5G Services market to get insight
on the competition at domestic as well as global levels. The key market players started
investing more in research and development activities to bring innovations to their product
offerings. Leading manufacturers and vendors are taking strategic moves such as
acquisitions, collaborations, partnerships, mergers, and regional expansions to gain a
competitive edge in the 5G Services industry. Leading players operating in the 5G Services
market include 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 among.
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5G Services Market Size
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About Us
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.
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