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$123.27 Billion 5G Services Market, 2025
[September 19, 2018]

$123.27 Billion 5G Services Market, 2025


DUBLIN, Sept. 19, 2018 /PRNewswire/ --

The "5G Services Market by Vertical (Smart Cities, Connected Vehicles, Connected Factories, Smart Buildings, Smart Utilities, Connected Healthcare, and Broadband Services), Application (eMBB, MMTC and URLLC, and FWA), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

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The research forecasts the 5G services market to grow from USD 53.93 billion in 2020 to USD 123.27 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 18% during the forecast period. The major factors expected to drive the 5G services market growth are the rising demand for reliable and ultra-low latency connectivity services and increasing use of connected IoT devices.

The objective of this report is to define, describe, and forecast the 5G services market on the basis of applications, verticals, and regions. Among verticals, the broadband vertical is expected to have the largest market share during the forecast period, as this vertical would drive revenues of the majority of telcos. However, many telcos are primarily in search of a more lucrative market to invest in and roll out their 5G services, thereby resulting in minimal broadband growth.

The enhanced Mobile Broadband (eMBB) segment is expected to hold the largest market share. eMBB, an initial stage of 5G services and a supplementary add-on to 4G communication, would witness maximum adoption, followed by mMTC and URLLC applications. The mMTC segment is expected to witness the fastest growth rate, due to the growing amount of machine-to-machine communication platforms.

North America is expected to hold the largest market share in the 5G services market. Various factors are expected to contribute to the growth of the 5G services market across the region. The factors include the ongoing developments to lay 5G infrastructure across the remaining states of the US and increaing contribution of telcos in North America.




Countries that would launch 5G services include the US, UK, China, South Korea, Japan, and Germany. The countries with strong 4G infrastructure would be the early deplorers. The countries with agile connectivity platforms would quickly transform their services into 5G, probably by the first quarter of 2020.

Key Topics Covered:


1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the 5G Services Market
4.2 Market Share of Top 3 Verticals and Regions
4.3 Market Investment Scenario

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rise in Demand for Reliable and Ultra-Low Latency Connectivity Services
5.2.1.2 Rapid Increase in the Development of Connected IoT Devices
5.2.1.3 Continuous Increase in Data Traffic
5.2.2 Restraints
5.2.2.1 Cost Involved in the Deployment of Network Services
5.2.3 Opportunities
5.2.3.1 Infrastructural Development Initiatives, Such as Smart Cities
5.2.3.2 Transition From On-Premises Legacy Systems to Cloud-Based Solutions
5.2.4 Challenges
5.2.4.1 Vertical-Focused Business Model
5.2.4.2 Issues Related to Global Spectrum
5.3 Latest Implementation and Trials of 5G Services
5.4 Comparison Between Enabling Technologies

6 5G Services Market, By Vertical
6.1 Introduction
6.2 Smart Cities
6.2.1 Smart Signaling and Traffic Management Systems
6.2.2 Smart Parking
6.2.3 Environmental Monitoring
6.2.4 Public Safety
6.2.5 Water and Waste Management
6.3 Connected Factories
6.3.1 Connected Machineries and Sensors
6.3.2 Logistics and Supply Chain
6.3.3 Asset Tracking
6.3.4 Workforce Tracking
6.3.5 Incident Management and Communication
6.4 Smart Buildings
6.4.1 Connected HVAC
6.4.2 Smart Homes
6.4.3 Digital Content Management
6.5 Connected Vehicles
6.5.1 Autonomous Vehicles
6.5.2 Vehicle Telematics
6.5.3 Freight Information System
6.6 Connected Healthcare
6.6.1 Clinical Operations and Workflow Management
6.6.2 Inpatient Monitoring
6.6.3 Connected Imaging
6.6.4 Medication Management
6.7 Connected Retail
6.7.1 Advertising and Marketing
6.7.2 Point of Sale
6.7.3 Video Surveillance and Safety
6.8 Smart Utilities
6.9 Voice
6.10 Broadband
6.11 Others

7 5G Services Market, By Application
7.1 Introduction
7.2 MMTC and URLLC
7.3 EMBB
7.4 FWA

8 5G Services Market, By Region

9 Competitive Landscape
9.1 Overview
9.2 Key Players in the 5G Services Market
9.3 Competitive Scenario
9.3.1 Partnerships, Agreements, and Collaborations
9.3.2 New Product/Service Launches and 5G Trials
9.3.3 Mergers and Acquisitions
9.3.4 Business Expansions

10 Company Profiles

  • Airtel
  • AT&T
  • BT Group
  • China Mobile
  • China Telecom
  • Deutsche Telekom
  • DU
  • KT Corporation
  • Saudi Telecom Company
  • SK Telecom
  • Sprint
  • Telstra
  • Verizon
  • Vodafone Group

For more information about this report visit https://www.researchandmarkets.com/research/tt6r64/123_27_billion?w=5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets


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