出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2023年12月
5G Services Market – Global Forecast to 2028
5Gサービス市場 : 通信タイプ (eMBB、URLLC、mMTC)、エンド ユーザー (消費者＆企業)、用途 (インダストリー4.0、スマートシティ、スマートビルディング)、企業 (製造、通信、小売＆ e コマース)、地域別 – 2028年までの世界予測
5G Services Market by Communication Type (eMBB, URLLC, mMTC), End User (Consumers and Enterprises), Application (Industry 4.0, Smart Cities, Smart Buildings), Enterprises (Manufacturing, Telecom, Retail & eCommerce) and Region – Global Forecast to 2028
| ページ数 | 307 |
| 図表数 | 319 |
| 種別 | 英文調査報告書 |
| 価格 |
Report Overview
The 5G Services market is estimated at USD 121.8 billion in 2023 to USD 1002.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 52.4%. The proliferation of 5G-compatible smartphones has emerged as a pivotal driver within the consumer segment, fueling the widespread adoption of 5G technology. As telecommunications companies deploy advanced networks, consumers are increasingly drawn to the promise of enhanced connectivity and improved mobile experiences.
The availability of 5G-enabled smartphones, boasting faster data transfer speeds and lower latency, incentivizes users to upgrade their devices. The desire to leverage the full potential of 5G, including seamless streaming, augmented reality applications, and quicker download speeds, motivates consumers to invest in the latest smartphone technology. This surge in demand for 5G-compatible devices, driven by the allure of superior network capabilities, contributes significantly to the overall momentum of 5G adoption in the consumer market, shaping the way individuals engage with and benefit from mobile connectivity.
“The healthcare & life sciences segment is expected to register the fastest growth rate during the forecast period.” The advent of 5G technology is revolutionizing healthcare & life sciences by significantly enhancing the capabilities of healthcare drones. With its high-speed connectivity, 5G facilitates a seamless and real-time communication infrastructure crucial for deploying drones in various healthcare applications. In remote areas, where access to medical supplies is challenging, 5G empowers drones to efficiently deliver life-saving medications and supplies, thereby bridging critical gaps in healthcare accessibility. Moreover, the rapid transmission speeds and low latency of 5G enable the swift transportation of lab samples, facilitating timely diagnostic processes. Beyond logistics, 5G-enabled drones can also provide aerial telemedicine support, connecting healthcare professionals with patients in remote locations. This transformative synergy between 5G and healthcare drones not only expands the reach of healthcare services but also establishes an agile and responsive healthcare ecosystem capable of addressing challenges in both routine and emergency medical situations.
“The Industry 4.0 segment to hold the largest market size during the forecast period.” The advent of 5G technology is reshaping manufacturing processes within the framework of Industry 4.0 through the deployment of sophisticated quality control measures and predictive maintenance systems. In this new paradigm, the strategic placement of sensors and Internet of Things (IoT) devices across the manufacturing environment facilitates continuous monitoring of equipment conditions. These sensors gather real-time data on crucial factors such as temperature, vibration, and wear, providing a comprehensive insight into machinery health. Harnessing the high-speed, low-latency capabilities of 5G, this wealth of data is rapidly transmitted and processed, enabling swift detection of anomalies or deviations from optimal operating conditions. Within the context of Industry 4.0, this real-time connectivity powered by 5G becomes a driving force for transformative change. The seamless transmission and processing of data allow manufacturers to adopt a proactive approach to maintenance. By incorporating advanced analytics and machine learning algorithms, manufacturers can predict potential equipment failures before they manifest. This predictive maintenance strategy minimizes unplanned downtime, as maintenance activities can be precisely scheduled when needed, optimizing the overall effectiveness of equipment. In essence, the integration of 5G-enabled predictive maintenance becomes a cornerstone of Industry 4.0, enhancing operational efficiency, extending equipment lifespan, and contributing significantly to cost savings for manufacturers.
“Asia Pacific’s highest growth rate during the forecast period.”
Beyond catering to the connectivity demands of bustling urban centers, 5G emerges as a pivotal solution for overcoming the persistent connectivity challenges faced by remote and underserved areas across the Asia Pacific. In these regions, where traditional infrastructure may be limited, 5G technology plays a transformative role by facilitating enhanced broadband access. This not only addresses the digital divide prevalent in less accessible areas but also actively contributes to fostering inclusivity. By extending high-speed, reliable connectivity to remote communities, 5G enables them to partake in the digital economy, access educational resources, and benefit from essential services such as telemedicine. The deployment of 5G networks in these underserved regions reflects a commitment to narrowing the technological gap, unlocking new opportunities, and fostering a more equitable and connected society throughout the diverse landscapes of the Asia Pacific.
Breakdown of primaries
The study contains insights from various industry experts, from solution vendors to Tier 1 companies. The break-up of the primaries is as follows:
• By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation: C-level –35%, D-level – 25%, and Others – 40%
• By Region: North America – 30%, Europe – 30%, Asia Pacific – 25%, Middle East & Africa – 10%, and Latin America- 5%.
The major players in the 5G Services market AT&T (US), China Mobile (China), SK Telecom (South Korea), Verizon (US), BT Group (UK), Deutsche Telekom (Germany), China Telecom (China), Orange (France), Vodafone (UK), China Unicom (China), Telstra (Australia), Telefonica S.A (Spain), KT Corporation (South Korea), Roger Communications (Canada), Bell Canada (Canada), Etisalat (UAE), Saudi Telecom Company (Saudi Arabia), LG Uplus (South Korea), NTT Docomo (Japan), KDDI (Japan), Telus (Canada), Swisscom (Switzerland), Dish Network (US), Reliance Jio Infocomm (India), Rakuten Group (Japan), MTN Group (South Africa), Bharti Airtel Limited (India), Telenor Group (Norway), JMA Wireless (US), Verana Networks (US), Celona (US), Mangata Networks (US), Airspan Networks (US), Edge Q (US), Omniflow (US), Aarna Networks (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their 5G Services market footprint.
Research Coverage
The market study covers the 5G Services market size across different segments. It aims at estimating the market size and the growth potential across different segments, including applications (smart cities, smart buildings, Industry 4.0, autonomous vehicles, smart healthcare, smart utilities, immersive media & gaming, other applications, end users ( consumers, enterprises), communication type (enhanced mobile broadband, massive machine type communication, ultra-reliable low-latency communications), vertical (IT & ITeS, telecom, BFSI, retail & eCommerce, healthcare & life sciences, media & entertainment, construction & real estate, manufacturing, transportation, & logistics, education, government & public safety, energy & utilities and other verticals (agriculture, travel & hospitality, mining, oil & gas, and sports), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America). The study includes an in-depth competitive analysis of the leading market players, their company profiles, key observations related to product and business offerings, recent developments, and market strategies.
Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the global 5G Services market’s revenue numbers and subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. Moreover, the report will provide insights for stakeholders to understand the market’s pulse and provide them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
1. Analysis of key drivers (Increase in mobile network data traffic, development of smart infrastructure, and timely availability of 5G compatible devices from several vendors, accelerated digital transformation across verticals, and need to transform mobile broadband experience), restraints (High costs for deployment of 5G network), opportunities (Fixed Wireless Access gaining momentum and increasing demand for high reliability and low latency networks), and challenges (Security concerns regarding 5G and delay in spectrum harmonization across geographies) influencing the growth of the 5G Services market.
2. Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the 5G Services market.
3. Market Development: Comprehensive information about lucrative markets – the report analyses the 5G Services market across various regions.
4. Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the 5G Services market.
5. Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players AT&T (US), China Mobile (China), SK Telecom (South Korea), Verizon (US), BT Group (UK), Deutsche Telekom (Germany), China Telecom (China), Orange (France), Vodafone (UK), China Unicom (China), Telstra (Australia), Telefonica S.A. (Spain), KT Corporation (South Korea), Roger Communications (Canada), Bell Canada (Canada), Etisalat (UAE), Saudi Telecom Company (Saudi Arabia), LG Uplus (South Korea), NTT Docomo (Japan), KDDI (Japan), Telus (Canada), Swisscom (Switzerland), Dish Network (US), Reliance Jio Infocomm (India), Rakuten Group (Japan), MTN Group (South Africa), Bharti Airtel Limited (India), Telenor Group (Norway), JMA Wireless (US), Verana Networks (US), Celona (US), Mangata Networks (US), Airspan Networks (US), Edge Q (US), Omniflow (US), Aarna Networks (US).
Table of Contents
1 INTRODUCTION 31
1.1 STUDY OBJECTIVES 31
1.2 MARKET DEFINITION 31
1.3 STUDY SCOPE 32
1.3.1 MARKET SEGMENTATION 32
1.3.2 REGIONS COVERED 32
1.3.3 INCLUSIONS & EXCLUSIONS 33
1.4 YEARS CONSIDERED 33
1.5 CURRENCY CONSIDERED 34
TABLE 1 USD EXCHANGE RATES, 2020–2022 34
1.6 STAKEHOLDERS 34
1.7 IMPACT OF RECESSION 35
1.8 SUMMARY OF CHANGES 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH DATA 36
FIGURE 1 5G SERVICES MARKET: RESEARCH DESIGN 36
2.1.1 SECONDARY DATA 37
2.1.1.1 Key data from secondary sources 37
2.1.2 PRIMARY DATA 37
2.1.2.1 Key data from primary sources 37
2.1.2.2 Primary interviews with experts 37
2.1.2.3 Breakdown of primary profiles 38
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION 38
2.1.2.4 Key insights from industry experts 38
2.2 MARKET SIZE ESTIMATION 39
FIGURE 3 5G SERVICES MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES 39
2.2.1 TOP-DOWN APPROACH 39
FIGURE 4 APPROACH 1 (SUPPLY-SIDE): REVENUE OF VENDORS IN 5G SERVICES MARKET 40
2.2.2 BOTTOM-UP APPROACH 40
FIGURE 5 APPROACH 2 (DEMAND-SIDE): REVENUE IN 5G SERVICES MARKET 41
FIGURE 6 MARKET SIZE ESTIMATION USING BOTTOM-UP APPROACH 41
2.3 DATA TRIANGULATION 42
FIGURE 7 DATA TRIANGULATION 42
2.4 RISK ASSESSMENT 43
TABLE 2 RISK ASSESSMENT 43
2.5 RESEARCH ASSUMPTIONS 43
TABLE 3 RESEARCH ASSUMPTIONS 43
2.6 RESEARCH LIMITATIONS 44
2.7 IMPACT OF RECESSION 44
3 EXECUTIVE SUMMARY 45
FIGURE 8 5G SERVICES MARKET TO WITNESS SIGNIFICANT GROWTH DURING FORECAST PERIOD 46
FIGURE 9 5G SERVICES MARKET: REGIONAL SNAPSHOT 46
4 PREMIUM INSIGHTS 48
4.1 ATTRACTIVE OPPORTUNITIES FOR 5G SERVICES MARKET PLAYERS 48
FIGURE 10 INCREASE IN DEMAND FOR MACHINE-TO-MACHINE (M2M) COMMUNICATION AND SMART INFRASTRUCTURE TO DRIVE MARKET 48
4.2 5G SERVICES MARKET: TOP SEGMENTS 48
FIGURE 11 LARGEST SEGMENTS IN MARKET IN 2023 48
4.3 5G SERVICES MARKET, BY APPLICATION 49
FIGURE 12 INDUSTRY 4.0 SEGMENT TO BE LEADING APPLICATION MARKET IN 2023 49
4.4 5G SERVICES MARKET, BY COMMUNICATION TYPE 49
FIGURE 13 ULTRA-RELIABLE LOW-LATENCY COMMUNICATION SEGMENT TO HIGHEST GROWTH RATE DURING FORECAST PERIOD 49
4.5 5G SERVICES MARKET, BY END USER 50
FIGURE 14 ENTERPRISE END USERS TO WITNESS HIGHER GROWTH RATE DURING FORECAST PERIOD 50
4.6 5G SERVICES MARKET, BY ENTERPRISE 50
FIGURE 15 MANUFACTURING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 50
4.7 NORTH AMERICA: 5G SERVICES MARKET, BY END USER & APPLICATION 51
FIGURE 16 CONSUMERS AND INDUSTRY 4.0 SEGMENTS TO BE LARGEST SEGMENTS IN 2023 51
5 MARKET OVERVIEW AND INDUSTRY TRENDS 52
5.1 INTRODUCTION 52
5.2 MARKET DYNAMICS 52
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: 5G SERVICES MARKET 53
5.2.1 DRIVERS 53
5.2.1.1 Increase in mobile network data traffic 53
FIGURE 18 GLOBAL MOBILE DATA TRAFFIC, 2022–2028 54
5.2.1.2 Need to transform mobile broadband experience 54
5.2.1.3 Accelerated digital transformation across verticals 55
TABLE 4 EMERGING USE CASES SUPPORTED BY 5G NETWORK 55
5.2.1.4 Development of smart infrastructure 56
5.2.1.5 Timely availability of 5G-compatible devices from several vendors 57
5.2.2 RESTRAINTS 57
5.2.2.1 High deployment costs 57
5.2.3 OPPORTUNITIES 57
5.2.3.1 Global proliferation of Fixed Wireless Access (FWA) 57
FIGURE 19 REGIONAL FIXED WIRELESS ACCESS SERVICE PROVIDER ADOPTION IN 2023 58
5.2.3.2 Increase in demand for high reliability and low latency networks 58
FIGURE 20 TIME-CRITICAL USE CASES ACROSS SECTORS 59
5.2.3.3 Introduction of massive IoT ecosystem and critical communications services 59
5.2.4 CHALLENGES 59
5.2.4.1 Delay in spectrum harmonization across geographies 59
5.2.4.2 Security concerns regarding 5G networks 60
5.3 BRIEF HISTORY OF 5G TECHNOLOGY 60
FIGURE 21 BRIEF HISTORY OF 5G TECHNOLOGY 60
5.3.1 1980–1990 61
5.3.2 1990–2000 61
5.3.3 2000–2009 61
5.3.4 2009–2020 61
5.3.5 2020–PRESENT 61
5.4 ECOSYSTEM/MARKET MAP 62
FIGURE 22 KEY PLAYERS IN 5G SERVICES MARKET ECOSYSTEM 62
TABLE 5 5G SERVICES MARKET: ECOSYSTEM 63
5.5 CASE STUDY ANALYSIS 64
5.5.1 TDC NET DEPLOYED ERICSSON’S E2E SLA FOR NETWORK SLICING 64
5.5.2 IMR PARTNERED WITH VODAFONE BUSINESS TO HELP LOCAL MANUFACTURERS ADOPT INDUSTRY 4.0 66
5.5.3 VODAFONE BUSINESS HELPED H-FARM CREATE FUTURE-FIT INNOVATION HUB 67
5.5.4 SUNRISE HELPED BOOST LAAX’S BUSINESSES BY LEVERAGING 5G 68
5.6 VALUE CHAIN ANALYSIS 69
FIGURE 23 5G SERVICES MARKET: VALUE CHAIN ANALYSIS 69
5.6.1 5G INFRASTRUCTURE VENDORS 69
5.6.2 5G MOBILE CHIPSET AND TECHNOLOGY PROVIDERS 69
5.6.3 MOBILE CARRIERS 69
5.6.4 MOBILE DEVICE MAKERS 69
5.6.5 END USERS 70
5.7 REGULATORY LANDSCAPE 70
5.7.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 70
TABLE 6 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 70
TABLE 7 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 70
TABLE 8 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
TABLE 9 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 72
5.7.1.1 North America 72
5.7.1.1.1 US 72
5.7.1.1.2 Canada 72
5.7.1.2 Europe 73
5.7.1.2.1 UK 73
5.7.1.2.2 Germany 74
5.7.1.3 Asia Pacific 74
5.7.1.3.1 China 74
5.7.1.3.2 India 74
5.7.1.3.3 Australia 74
5.7.1.3.4 Japan 75
5.7.1.4 Middle East & Africa 75
5.7.1.4.1 UAE 75
5.7.1.4.2 KSA 75
5.7.1.5 Latin America 76
5.7.1.5.1 Brazil 76
5.7.1.5.2 Mexico 76
5.8 PATENT ANALYSIS 77
FIGURE 24 LIST OF MAJOR PATENTS FOR 5G SERVICES 77
5.8.1 LIST OF MAJOR PATENTS 78
5.9 TECHNOLOGY ANALYSIS 82
5.9.1 KEY TECHNOLOGIES 82
5.9.1.1 5G Massive MIMO 82
5.9.1.2 Millimeter-Wave 82
5.9.1.3 Small Cell Networks 82
5.9.1.4 Network Slicing 83
5.9.2 COMPLEMENTARY TECHNOLOGIES 83
5.9.2.1 Wi-Fi 83
5.9.2.2 WiMAX 83
5.9.2.3 LTE 84
5.9.2.4 OnGo Alliance 84
FIGURE 25 THREE-TIER MODEL FOR CITIZENS BROADBAND RADIO SERVICE SPECTRUM ACCESS 85
5.9.2.5 MulteFire 85
5.9.3 ADJACENT TECHNOLOGIES 86
5.9.3.1 IoT 86
5.9.3.2 AI 86
5.9.3.3 Edge Computing 86
5.10 PRICING ANALYSIS 87
5.10.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END USER 87
FIGURE 26 AVERAGE SELLING PRICE TRENDS OF KEY PLAYERS, BY END USER 87
TABLE 10 AVERAGE SELLING PRICE TRENDS OF KEY PLAYERS, BY END USER (USD) 87
5.10.2 INDICATIVE PRICING ANALYSIS OF KEY PLAYERS, BY SOLUTION 87
TABLE 11 INDICATIVE PRICING LEVELS OF 5G SERVICES 88
5.11 PORTER’S FIVE FORCES ANALYSIS 88
TABLE 12 PORTER’S FIVE FORCES IMPACT ON 5G SERVICES MARKET 88
FIGURE 27 PORTER’S FIVE FORCE ANALYSIS: 5G SERVICES MARKET 89
5.11.1 THREAT OF NEW ENTRANTS 89
5.11.2 THREAT OF SUBSTITUTES 89
5.11.3 BARGAINING POWER OF BUYERS 89
5.11.4 BARGAINING POWER OF SUPPLIERS 90
5.11.5 INTENSITY OF COMPETITIVE RIVALRY 90
5.12 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 90
FIGURE 28 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 90
5.13 KEY STAKEHOLDERS & BUYING CRITERIA 91
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 91
FIGURE 29 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE ENTERPRISES 91
TABLE 13 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE ENTERPRISES 91
5.13.2 BUYING CRITERIA 92
FIGURE 30 KEY BUYING CRITERIA FOR TOP THREE ENTERPRISES 92
TABLE 14 KEY BUYING CRITERIA FOR TOP THREE END USERS 92
5.14 KEY CONFERENCES & EVENTS 93
TABLE 15 5G SERVICES MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2023–2024 93
5.15 BEST PRACTICES IN 5G SERVICES MARKET 94
5.15.1 NETWORK RELIABILITY AND COVERAGE 94
5.15.2 SECURITY AND PRIVACY 94
5.15.3 SPECTRUM MANAGEMENT 94
5.15.4 NETWORK SLICING FOR CUSTOMIZATION 94
5.15.5 COLLABORATION WITH ECOSYSTEM PARTNERS 94
5.15.6 CUSTOMER ENGAGEMENT AND SUPPORT 94
5.16 CURRENT AND EMERGING BUSINESS MODELS 94
5.16.1 SUBSCRIPTION MODEL 94
5.16.2 FREEMIUM 95
5.16.3 B2B AND ENTERPRISE MODELS 95
5.16.4 CONTENT AND APPLICATION PARTNERSHIP 95
5.16.5 CONTENT MARKETPLACE 95
5.16.6 5G ENABLEMENT PLATFORMS 95
5.17 5G SERVICES TOOLS, FRAMEWORKS, AND TECHNIQUES 96
5.17.1 5G SERVICES TOOLS 96
5.17.1.1 Network performance monitoring tools 96
5.17.1.2 Network slicing orchestrators 96
5.17.1.3 Security and threat detection software 96
5.17.1.4 Network optimization software 96
5.17.2 5G SERVICE FRAMEWORKS 96
5.17.2.1 Open radio access network (RAN) 96
5.17.2.2 Open network automation platform (ONAP) 96
5.17.2.3 Multi-access edge computing (MEC) 96
5.17.3 5G TECHNIQUES 96
5.17.3.1 Beamforming 96
5.17.3.2 Non-standalone (NSA) and standalone (SA) mode 96
5.17.3.3 Dynamic spectrum sharing 96
5.18 FUTURE LANDSCAPE OF 5G SERVICE MARKET 97
5.18.1 SHORT-TERM ROADMAP (2023–2025) 97
5.18.2 MID-TERM ROADMAP (2026–2028) 97
5.18.3 LONG-TERM ROADMAP (2029–2030) 97
6 5G SERVICES MARKET, BY APPLICATION 98
6.1 INTRODUCTION 99
FIGURE 31 INDUSTRY 4.0 SEGMENT TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD 99
6.1.1 APPLICATION: 5G SERVICES MARKET DRIVERS 99
TABLE 16 5G SERVICES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 100
TABLE 17 5G SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 100
6.2 SMART CITIES 101
6.2.1 BENEFITS OF LOW-LATENCY, SMART, AND SECURE 5G-BASED INFRASTRUCTURE ECOSYSTEMS 101
TABLE 18 5G SERVICES MARKET IN SMART CITIES, BY REGION, 2019–2022 (USD MILLION) 101
TABLE 19 5G SERVICES MARKET IN SMART CITIES, BY REGION, 2023–2028 (USD MILLION) 101
6.3 SMART BUILDINGS 102
6.3.1 RISE IN DEMAND FOR WELL-CONNECTED, ENERGY-EFFICIENT SMART HOMES 102
TABLE 20 5G SERVICES MARKET IN SMART BUILDINGS, BY REGION, 2019–2022 (USD MILLION) 102
TABLE 21 5G SERVICES MARKET IN SMART BUILDINGS, BY REGION, 2023–2028 (USD MILLION) 102
6.4 AUTONOMOUS VEHICLES 103
6.4.1 VEHICLE-TO-VEHICLE COMMUNICATION AND SMART TRAFFIC SYSTEMS TO CREATE SEAMLESS ENVIRONMENT FOR AUTONOMOUS VEHICLES 103
TABLE 22 5G SERVICES MARKET IN AUTONOMOUS VEHICLES, BY REGION, 2019–2022 (USD MILLION) 103
TABLE 23 5G SERVICES MARKET IN AUTONOMOUS VEHICLES, BY REGION, 2023–2028 (USD MILLION) 103
6.5 SMART HEALTHCARE 104
6.5.1 INTERNET OF MEDICAL THINGS TO BE ESSENTIAL IN REMOTE MONITORING, SURGERIES, TREATMENT PLANS, AND PREDICTIVE ANALYTICS 104
TABLE 24 5G SERVICES MARKET IN SMART HEALTHCARE, BY REGION, 2019–2022 (USD MILLION) 104
TABLE 25 5G SERVICES MARKET IN SMART HEALTHCARE, BY REGION, 2023–2028 (USD MILLION) 104
6.6 INDUSTRY 4.0 105
6.6.1 INTEGRATION OF CYBER-PHYSICAL PRODUCTION SYSTEMS WITH 5G TO RESTRUCTURE VALUE CREATION AND SUPPLY CHAINS 105
TABLE 26 5G SERVICES MARKET IN INDUSTRY 4.0, BY REGION, 2019–2022 (USD MILLION) 105
TABLE 27 5G SERVICES MARKET IN INDUSTRY 4.0, BY REGION, 2023–2028 (USD MILLION) 105
6.7 SMART UTILITIES 106
6.7.1 DEMAND FOR ACCURATE AND EFFICIENT RESOURCE MANAGEMENT 106
TABLE 28 5G SERVICES MARKET IN SMART UTILITIES, BY REGION, 2019–2022 (USD MILLION) 106
TABLE 29 5G SERVICES MARKET IN SMART UTILITIES, BY REGION, 2023–2028 (USD MILLION) 106
6.8 IMMERSIVE MEDIA & GAMING 107
6.8.1 IMPROVEMENTS IN CONNECTIVITY DURING GAMING AND IMMERSIVE CONTENT CONSUMPTION 107
TABLE 30 5G SERVICES MARKET IN IMMERSIVE MEDIA & GAMING, BY REGION, 2019–2022 (USD MILLION) 107
TABLE 31 5G SERVICES MARKET IN IMMERSIVE MEDIA & GAMING, BY REGION, 2023–2028 (USD MILLION) 108
6.9 OTHER APPLICATIONS 108
TABLE 32 5G SERVICES MARKET IN OTHER APPLICATIONS, BY REGION, 2019–2022 (USD MILLION) 109
TABLE 33 5G SERVICES MARKET IN OTHER APPLICATIONS, BY REGION, 2023–2028 (USD MILLION) 109
7 5G SERVICES MARKET, BY END USER 110
7.1 INTRODUCTION 111
FIGURE 32 ADOPTION OF 5G AMONG ENTERPRISES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 111
7.1.1 END USER: 5G SERVICES MARKET DRIVERS 111
TABLE 34 5G SERVICES MARKET, BY END USER, 2019–2022 (USD MILLION) 112
TABLE 35 5G SERVICES MARKET, BY END USER, 2023–2028 (USD MILLION) 112
7.2 CONSUMER 112
7.2.1 LOW LATENCY OFFERED IN SMART HOME DEVICES, WITH 5G-INTEGRATED EMERGING TECHNOLOGIES 112
TABLE 36 5G SERVICES MARKET AMONG CONSUMERS, BY REGION, 2019–2022 (USD MILLION) 113
TABLE 37 5G SERVICES MARKET AMONG CONSUMERS, BY REGION, 2023–2028 (USD MILLION) 113
7.3 ENTERPRISES 113
7.3.1 INCREASE IN DEMAND FOR SECURE NETWORKS AND REMOTE WORK SOLUTIONS 113
TABLE 38 5G SERVICES MARKET AMONG ENTERPRISES, BY REGION, 2019–2022 (USD MILLION) 114
TABLE 39 5G SERVICES MARKET AMONG ENTERPRISES, BY REGION, 2023–2028 (USD MILLION) 114
8 5G SERVICES MARKET, BY COMMUNICATION TYPE 115
8.1 INTRODUCTION 116
FIGURE 33 URLLC TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 116
8.1.1 COMMUNICATION TYPE: 5G SERVICES MARKET DRIVERS 116
TABLE 40 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2019–2022 (USD MILLION) 117
TABLE 41 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2023–2028 (USD MILLION) 117
8.2 ENHANCED MOBILE BROADBAND (EMBB) 117
8.2.1 DEMAND FOR SEAMLESS STREAMING OF HIGHER VIDEO RESOLUTIONS 117
TABLE 42 ENHANCED MOBILE BROADBAND SERVICES MARKET, BY REGION, 2019–2022 (USD MILLION) 118
TABLE 43 ENHANCED MOBILE BROADBAND SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 118
8.3 MASSIVE MACHINE TYPE COMMUNICATION (MMTC) 118
8.3.1 BENEFITS OF IMPROVISING FUNCTIONING OF IOT DEVICES ACROSS VARIOUS ENTERPRISES 118
TABLE 44 MASSIVE MACHINE TYPE COMMUNICATION SERVICES MARKET, BY REGION, 2019–2022 (USD MILLION) 119
TABLE 45 MASSIVE MACHINE TYPE COMMUNICATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 119
8.4 ULTRA-RELIABLE LOW LATENCY COMMUNICATION 120
8.4.1 RELIABILITY OF 5G ACROSS MISSION CRITICAL APPLICATIONS 120
TABLE 46 ULTRA-RELIABLE LOW LATENCY COMMUNICATION SERVICES MARKET, BY REGION, 2019–2022 (USD MILLION) 120
TABLE 47 ULTRA-RELIABLE LOW LATENCY COMMUNICATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 120
9 5G SERVICES MARKET, BY ENTERPRISE 121
9.1 INTRODUCTION 122
FIGURE 34 HEALTHCARE & LIFE SCIENCES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 122
9.1.1 ENTERPRISE: 5G SERVICES MARKET DRIVERS 122
TABLE 48 5G SERVICES MARKET, BY ENTERPRISE, 2019–2022 (USD MILLION) 123
TABLE 49 5G SERVICES MARKET, BY ENTERPRISE, 2023–2028 (USD MILLION) 123
9.2 MANUFACTURING 124
9.2.1 RAPID DEVELOPMENT OF SMART FACTORIES WITH HIGH BANDWIDTH, NETWORK SLICING, AND EDGE COMPUTING CAPABILITIES 124
9.2.2 USE CASES 124
9.2.2.1 Industrial IoT (IIoT) Connectivity 124
9.2.2.2 Precision Robotics and Automation 124
TABLE 50 5G SERVICES MARKET AMONG MANUFACTURING ENTERPRISES, BY REGION, 2019–2022 (USD MILLION) 125
TABLE 51 5G SERVICES MARKET AMONG MANUFACTURING ENTERPRISES, BY REGION, 2023–2028 (USD MILLION) 125
9.3 IT & ITES 125
9.3.1 NEED TO ENHANCE AND MAINTAIN CONFIDENTIALITY AND INTEGRITY OF SENSITIVE DATA TRANSMITTED ACROSS NETWORKS 125
9.3.2 USE CASES 126
9.3.2.1 Enhanced Cloud Computing 126
9.3.2.2 Real-time Data Analytics 126
TABLE 52 5G SERVICES MARKET AMONG IT & ITES ENTERPRISES, BY REGION, 2019–2022 (USD MILLION) 126
TABLE 53 5G SERVICES MARKET AMONG IT & ITES ENTERPRISES, BY REGION, 2023–2028 (USD MILLION) 126
9.4 TELECOM 127
9.4.1 FLEXIBILITY, SCALABILITY, AND OPERATIONAL EFFICIENCY TO ACCELERATE SERVICE DEPLOYMENT AND REDUCE COSTS FOR TELECOM OPERATORS 127
9.4.2 USE CASES 127
9.4.2.1 Cloud-native Networks 127
9.4.2.2 Voice over 5G 127
TABLE 54 5G SERVICES MARKET AMONG TELECOM ENTERPRISES, BY REGION, 2019–2022 (USD MILLION) 127
TABLE 55 5G SERVICES MARKET AMONG TELECOM ENTERPRISES, BY REGION, 2023–2028 (USD MILLION) 128
9.5 HEALTHCARE & LIFESCIENCES 128
9.5.1 REAL-TIME PATIENT MONITORING AND WEARABLE HEALTH DEVICES TO BENEFIT FROM 5G CONNECTIVITY 128
9.5.2 USE CASES 129
9.5.2.1 IoT-enabled Healthcare Devices 129
9.5.2.2 Connected Ambulance 129
TABLE 56 5G SERVICES MARKET AMONG HEALTHCARE & LIFE SCIENCES ENTERPRISES, BY REGION, 2019–2022 (USD MILLION) 129
TABLE 57 5G SERVICES MARKET AMONG HEALTHCARE & LIFE SCIENCES ENTERPRISES, BY REGION, 2023–2028 (USD MILLION) 129
9.6 RETAIL & ECOMMERCE 130
9.6.1 STEEP RISE IN ONLINE SHOPPING AND USE OF CONTACTLESS PAYMENT METHODS SUCH AS MOBILE WALLETS, CONTACTLESS CARDS, AND WEARABLE DEVICES 130
9.6.2 USE CASES 130
9.6.2.1 Contactless Payments and Digital Wallets 130
9.6.2.2 Personalized Marketing through Location-based Services 130
TABLE 58 5G SERVICES MARKET AMONG RETAIL & ECOMMERCE ENTERPRISES, BY REGION, 2019–2022 (USD MILLION) 131
TABLE 59 5G SERVICES MARKET AMONG RETAIL & ECOMMERCE ENTERPRISES, BY REGION, 2023–2028 (USD MILLION) 131
9.7 TRANSPORTATION & LOGISTICS 132
9.7.1 ROUTE OPTIMIZATION, BETTER CONNECTIVITY, AND VEHICLE MONITORING TO ENHANCE TRAFFIC MANAGEMENT AND SAFETY, ESPECIALLY IN SMART PORTS 132
9.7.2 USE CASES 132
9.7.2.1 Last-Mile Delivery Optimization 132
9.7.2.2 Smart Ports and Maritime Operations 132
TABLE 60 5G SERVICES MARKET AMONG TRANSPORTATION & LOGISTICS ENTERPRISES, BY REGION, 2019–2022 (USD MILLION) 132
TABLE 61 5G SERVICES MARKET AMONG TRANSPORTATION & LOGISTICS ENTERPRISES, BY REGION, 2023–2028 (USD MILLION) 133
9.8 EDUCATION 133
9.8.1 SMART CAMPUSES AND ELEARNING WITH SMOOTH ACCESS TO ONLINE RESOURCES, COLLABORATIVE PLATFORMS, AND INTERACTIVE CONTENT 133
9.8.2 USE CASES 133
9.8.2.1 Online Learning Platforms and Remote Education 133
9.8.2.2 Smart Classrooms and Interactive Displays 133
TABLE 62 5G SERVICES MARKET AMONG EDUCATION ENTERPRISES, BY REGION, 2019–2022 (USD MILLION) 134
TABLE 63 5G SERVICES MARKET AMONG EDUCATION ENTERPRISES, BY REGION, 2023–2028 (USD MILLION) 134
9.9 ENERGY & UTILITIES 134
9.9.1 EFFICIENT MANAGEMENT & CONSUMPTION OF ENERGY BY LEVERAGING 5G 134
9.9.2 USE CASES 135
9.9.2.1 Smart Metering and Home Automation 135
9.9.2.2 Efficient Water Management 135
TABLE 64 5G SERVICES MARKET AMONG ENERGY & UTILITIES ENTERPRISES, BY REGION, 2019–2022 (USD MILLION) 135
TABLE 65 5G SERVICES MARKET AMONG ENERGY & UTILITIES ENTERPRISES, BY REGION, 2023–2028 (USD MILLION) 135
9.10 MEDIA & ENTERTAINMENT 136
9.10.1 DEMAND FOR BETTER OTT STREAMING AND CLOUD GAMING EXPERIENCES 136
9.10.2 USE CASES 136
9.10.2.1 Live Streaming in High Resolutions 136
9.10.2.2 OTT Platforms with Enhanced Streaming 136
TABLE 66 5G SERVICES MARKET AMONG MEDIA & ENTERTAINMENT ENTERPRISE, BY REGION, 2019–2022 (USD MILLION) 136
TABLE 67 5G SERVICES MARKET AMONG MEDIA & ENTERTAINMENT ENTERPRISES, BY REGION, 2023–2028 (USD MILLION) 137
9.11 BFSI 137
9.11.1 FINANCIAL INSTITUTIONS TO LEVERAGE 5G FOR SECURE TRANSACTIONS AND DATA PROTECTION 137
9.11.2 USE CASES 137
9.11.2.1 Biometric Authentication 137
9.11.2.2 Smart ATMs 137
TABLE 68 5G SERVICES MARKET AMONG BFSI ENTERPRISES, BY REGION, 2019–2022 (USD MILLION) 138
TABLE 69 5G SERVICES MARKET AMONG BFSI ENTERPRISES, BY REGION, 2023–2028 (USD MILLION) 138
9.12 GOVERNMENT & PUBLIC SECTOR 138
9.12.1 LEVERAGING 5G FOR AUTOMATED ADMINISTRATIVE TASKS AND EGOVERNMENT INITIATIVES 138
9.12.2 USE CASES 139
9.12.2.1 Online Portals and Service 139
9.12.2.2 Automated Administrative Processes 139
TABLE 70 5G SERVICES MARKET AMONG GOVERNMENT & PUBLIC SECTOR ENTERPRISES, BY REGION, 2019–2022 (USD MILLION) 139
TABLE 71 5G SERVICES MARKET AMONG GOVERNMENT & PUBLIC SECTOR ENTERPRISES, BY REGION, 2023–2028 (USD MILLION) 139
9.13 CONSTRUCTION & REAL ESTATE 140
9.13.1 BENEFITS OF SMART BUILDINGS AND VIRTUAL PROPERTY TOURS USING AR AND VR FOR REAL ESTATE 140
9.13.2 USE CASES 140
9.13.2.1 Connected Construction Equipment 140
9.13.2.2 Efficient Construction Machinery Control 140
TABLE 72 5G SERVICES MARKET AMONG CONSTRUCTION & REAL ESTATE ENTERPRISES, BY REGION, 2019–2022 (USD MILLION) 140
TABLE 73 5G SERVICES MARKET AMONG CONSTRUCTION & REAL ESTATE ENTERPRISES, BY REGION, 2023–2028 (USD MILLION) 141
9.14 OTHER ENTERPRISES 141
9.14.1 USE CASES 141
9.14.1.1 Player Performance Analytics 141
9.14.1.2 Smart Irrigation System 141
9.14.1.3 Smart Hotel Rooms 141
TABLE 74 5G SERVICES MARKET AMONG OTHER ENTERPRISES, BY REGION, 2019–2022 (USD MILLION) 142
TABLE 75 5G SERVICES MARKET AMONG OTHER ENTERPRISES, BY REGION, 2023–2028 (USD MILLION) 142
10 5G SERVICES MARKET, BY REGION 143
10.1 INTRODUCTION 144
TABLE 76 5G SERVICES MARKET, BY REGION, 2019–2022 (USD MILLION) 144
TABLE 77 5G SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 144
10.2 NORTH AMERICA 145
10.2.1 NORTH AMERICA: 5G SERVICES MARKET DRIVERS 145
10.2.2 NORTH AMERICA: RECESSION IMPACT 145
FIGURE 35 NORTH AMERICA: 5G SERVICES MARKET SNAPSHOT 146
TABLE 78 NORTH AMERICA: 5G SERVICES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 146
TABLE 79 NORTH AMERICA: 5G SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 147
TABLE 80 NORTH AMERICA: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2019–2022 (USD MILLION) 147
TABLE 81 NORTH AMERICA: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2023–2028 (USD MILLION) 147
TABLE 82 NORTH AMERICA: 5G SERVICES MARKET, BY END USER, 2019–2022 (USD MILLION) 148
TABLE 83 NORTH AMERICA: 5G SERVICES MARKET, BY END USER, 2023–2028 (USD MILLION) 148
TABLE 84 NORTH AMERICA: 5G SERVICES MARKET, BY ENTERPRISE, 2019–2022 (USD MILLION) 148
TABLE 85 NORTH AMERICA: 5G SERVICES MARKET, BY ENTERPRISE, 2023–2028 (USD MILLION) 149
TABLE 86 NORTH AMERICA: 5G SERVICES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 149
TABLE 87 NORTH AMERICA: 5G SERVICES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 149
10.2.3 US 150
10.2.3.1 Robust ecosystem and presence of prominent 5G players 150
TABLE 88 US: 5G SERVICES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 150
TABLE 89 US: 5G SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 151
TABLE 90 US: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2019–2022 (USD MILLION) 151
TABLE 91 US: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2023–2028 (USD MILLION) 151
TABLE 92 US: 5G SERVICES MARKET, BY END USER, 2019–2022 (USD MILLION) 151
TABLE 93 US: 5G SERVICES MARKET, BY END USER, 2023–2028 (USD MILLION) 152
TABLE 94 US: 5G SERVICES MARKET, BY ENTERPRISE, 2019–2022 (USD MILLION) 152
TABLE 95 US: 5G SERVICES MARKET, BY ENTERPRISE, 2023–2028 (USD MILLION) 153
10.2.4 CANADA 153
10.2.4.1 Extensive research and government initiatives 153
TABLE 96 CANADA: 5G SERVICES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 154
TABLE 97 CANADA: 5G SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 154
TABLE 98 CANADA: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2019–2022 (USD MILLION) 154
TABLE 99 CANADA: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2023–2028 (USD MILLION) 155
TABLE 100 CANADA: 5G SERVICES MARKET, BY END USER, 2019–2022 (USD MILLION) 155
TABLE 101 CANADA: 5G SERVICES MARKET, BY END USER, 2023–2028 (USD MILLION) 155
TABLE 102 CANADA: 5G SERVICES MARKET, BY ENTERPRISE, 2019–2022 (USD MILLION) 156
TABLE 103 CANADA: 5G SERVICES MARKET, BY ENTERPRISE, 2023–2028 (USD MILLION) 156
10.3 EUROPE 157
10.3.1 EUROPE: 5G SERVICES MARKET DRIVERS 157
10.3.2 EUROPE: RECESSION IMPACT 157
TABLE 104 EUROPE: 5G SERVICES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 158
TABLE 105 EUROPE: 5G SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 158
TABLE 106 EUROPE: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2019–2022 (USD MILLION) 158
TABLE 107 EUROPE: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2023–2028 (USD MILLION) 159
TABLE 108 EUROPE: 5G SERVICES MARKET, BY END USER, 2019–2022 (USD MILLION) 159
TABLE 109 EUROPE: 5G SERVICES MARKET, BY END USER, 2023–2028 (USD MILLION) 159
TABLE 110 EUROPE: 5G SERVICES MARKET, BY ENTERPRISE, 2019–2022 (USD MILLION) 160
TABLE 111 EUROPE: 5G SERVICES MARKET, BY ENTERPRISE, 2023–2028 (USD MILLION) 160
TABLE 112 EUROPE: 5G SERVICES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 161
TABLE 113 EUROPE: 5G SERVICES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 161
10.3.3 UK 162
10.3.3.1 Funding initiatives, grants, and tax incentives for tech companies 162
TABLE 114 UK: 5G SERVICES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 162
TABLE 115 UK: 5G SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 163
TABLE 116 UK: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2019–2022 (USD MILLION) 163
TABLE 117 UK: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2023–2028 (USD MILLION) 163
TABLE 118 UK: 5G SERVICES MARKET, BY END USER, 2019–2022 (USD MILLION) 163
TABLE 119 UK: 5G SERVICES MARKET, BY END USER, 2023–2028 (USD MILLION) 164
TABLE 120 UK: 5G SERVICES MARKET, BY ENTERPRISE, 2019–2022 (USD MILLION) 164
TABLE 121 UK: 5G SERVICES MARKET, BY ENTERPRISE, 2023–2028 (USD MILLION) 165
10.3.4 GERMANY 165
10.3.4.1 Government strategies with dedication to advancing its 5G infrastructure 165
TABLE 122 GERMANY: 5G SERVICES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 166
TABLE 123 GERMANY: 5G SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 166
TABLE 124 GERMANY: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2019–2022 (USD MILLION) 166
TABLE 125 GERMANY: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2023–2028 (USD MILLION) 167
TABLE 126 GERMANY: 5G SERVICES MARKET, BY END USER, 2019–2022 (USD MILLION) 167
TABLE 127 GERMANY: 5G SERVICES MARKET, BY END USER, 2023–2028 (USD MILLION) 167
TABLE 128 GERMANY: 5G SERVICES MARKET, BY ENTERPRISE, 2019–2022 (USD MILLION) 168
TABLE 129 GERMANY: 5G SERVICES MARKET, BY ENTERPRISE, 2023–2028 (USD MILLION) 168
10.3.5 ITALY 169
10.3.5.1 Ample funding and extensive research into potential of 5G 169
TABLE 130 ITALY: 5G SERVICES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 169
TABLE 131 ITALY: 5G SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 170
TABLE 132 ITALY: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2019–2022 (USD MILLION) 170
TABLE 133 ITALY: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2023–2028 (USD MILLION) 170
TABLE 134 ITALY: 5G SERVICES MARKET, BY END USER, 2019–2022 (USD MILLION) 170
TABLE 135 ITALY: 5G SERVICES MARKET, BY END USER, 2023–2028 (USD MILLION) 171
TABLE 136 ITALY: 5G SERVICES MARKET, BY ENTERPRISE, 2019–2022 (USD MILLION) 171
TABLE 137 ITALY: 5G SERVICES MARKET, BY ENTERPRISE, 2023–2028 (USD MILLION) 172
10.3.6 FRANCE 172
10.3.6.1 Strategic investments and collaborations with Germany aimed at 5G and 6G advancements 172
10.3.7 SPAIN 173
10.3.7.1 Spain’s proactive stance in incorporating 5G across various industries 173
10.3.8 NORDICS 173
10.3.8.1 Strategic focus on continuous digitalization and cross-border collaboration 173
10.3.9 REST OF EUROPE 174
10.4 ASIA PACIFIC 174
10.4.1 ASIA PACIFIC: 5G SERVICES MARKET DRIVERS 174
10.4.2 ASIA PACIFIC: RECESSION IMPACT 175
FIGURE 36 ASIA PACIFIC: 5G SERVICES MARKET SNAPSHOT 176
TABLE 138 ASIA PACIFIC: 5G SERVICES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 177
TABLE 139 ASIA PACIFIC: 5G SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 177
TABLE 140 ASIA PACIFIC: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2019–2022 (USD MILLION) 177
TABLE 141 ASIA PACIFIC: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2023–2028 (USD MILLION) 178
TABLE 142 ASIA PACIFIC: 5G SERVICES MARKET, BY END USER, 2019–2022 (USD MILLION) 178
TABLE 143 ASIA PACIFIC: 5G SERVICES MARKET, BY END USER 2023–2028 (USD MILLION) 178
TABLE 144 ASIA PACIFIC: 5G SERVICES MARKET, BY ENTERPRISE, 2019–2022 (USD MILLION) 179
TABLE 145 ASIA PACIFIC: 5G SERVICES MARKET, BY ENTERPRISE, 2023–2028 (USD MILLION) 179
TABLE 146 ASIA PACIFIC: 5G SERVICES MARKET, BY COUNTRY/REGION, 2019–2022 (USD MILLION) 180
TABLE 147 ASIA PACIFIC: 5G SERVICES MARKET, BY COUNTRY/REGION, 2023–2028 (USD MILLION) 180
10.4.3 CHINA 180
10.4.3.1 Robust 5G ecosystem & infrastructure with presence of significant 5G players 180
TABLE 148 CHINA: 5G SERVICES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 181
TABLE 149 CHINA: 5G SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 181
TABLE 150 CHINA: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2019–2022 (USD MILLION) 182
TABLE 151 CHINA: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2023–2028 (USD MILLION) 182
TABLE 152 CHINA: 5G SERVICES MARKET, BY END USER, 2019–2022 (USD MILLION) 182
TABLE 153 CHINA: 5G SERVICES MARKET, BY END USER, 2023–2028 (USD MILLION) 182
TABLE 154 CHINA: 5G SERVICES MARKET, BY ENTERPRISE, 2019–2022 (USD MILLION) 183
TABLE 155 CHINA: 5G SERVICES MARKET, BY ENTERPRISE, 2023–2028 (USD MILLION) 183
10.4.4 INDIA 184
10.4.4.1 Substantial Investments and proliferation of 5G smartphones to catalyze digital transformation 184
10.4.5 JAPAN 184
10.4.5.1 Strategic focus on 5G infrastructure development with key target set for 2030 184
10.4.6 AUSTRALIA & NEW ZEALAND 185
10.4.6.1 Substantial investments and active fostering of 5G R&D 185
10.4.7 SOUTH KOREA 185
10.4.7.1 Development of autonomous vehicles and substantial investments in 5G technology 185
10.4.8 SOUTHEAST ASIA 186
10.4.8.1 Significant initiatives, partnerships, and investments by key players 186
10.4.9 REST OF ASIA PACIFIC 186
10.5 MIDDLE EAST & AFRICA 187
10.5.1 MIDDLE EAST & AFRICA: 5G SERVICES MARKET DRIVERS 187
10.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT 187
TABLE 156 MIDDLE EAST & AFRICA: 5G SERVICES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 188
TABLE 157 MIDDLE EAST & AFRICA: 5G SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 188
TABLE 158 MIDDLE EAST & AFRICA: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2019–2022 (USD MILLION) 188
TABLE 159 MIDDLE EAST & AFRICA: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2023–2028 (USD MILLION) 189
TABLE 160 MIDDLE EAST & AFRICA: 5G SERVICES MARKET, BY END USER, 2019–2022 (USD MILLION) 189
TABLE 161 MIDDLE EAST & AFRICA: 5G SERVICES MARKET, BY END USER, 2023–2028 (USD MILLION) 189
TABLE 162 MIDDLE EAST & AFRICA: 5G SERVICES MARKET, BY ENTERPRISE, 2019–2022 (USD MILLION) 190
TABLE 163 MIDDLE EAST & AFRICA: 5G SERVICES MARKET, BY ENTERPRISE, 2023–2028 (USD MILLION) 190
TABLE 164 MIDDLE EAST & AFRICA: 5G SERVICES MARKET, BY COUNTRY/REGION, 2019–2022 (USD MILLION) 191
TABLE 165 MIDDLE EAST & AFRICA 5G SERVICES MARKET, BY COUNTRY/REGION, 2023–2028 (USD MILLION) 191
TABLE 166 GCC: 5G SERVICES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 191
TABLE 167 GCC: 5G SERVICES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 191
10.5.3 GCC COUNTRIES 192
TABLE 168 GCC: 5G SERVICES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 192
TABLE 169 GCC: 5G SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 193
TABLE 170 GCC: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2019–2022 (USD MILLION) 193
TABLE 171 GCC: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2023–2028 (USD MILLION) 193
TABLE 172 GCC: 5G SERVICES MARKET, BY END USER, 2019–2022 (USD MILLION) 194
TABLE 173 GCC: 5G SERVICES MARKET, BY END USER, 2023–2028 (USD MILLION) 194
TABLE 174 GCC: 5G SERVICES MARKET, BY ENTERPRISE, 2019–2022 (USD MILLION) 194
TABLE 175 GCC: 5G SERVICES MARKET, BY ENTERPRISE, 2023–2028 (USD MILLION) 195
10.5.3.1 UAE 195
10.5.3.1.1 Expansion of 5G networks by major telecom operators 195
10.5.3.2 Kingdom of Saudi Arabia 196
10.5.3.2.1 Increase in adoption of 5G technologies for IoT deployments 196
10.5.3.3 Rest of GCC countries 196
10.5.4 SOUTH AFRICA 197
10.5.4.1 Surge in demand for digitalization 197
10.5.5 REST OF MIDDLE EAST & AFRICA 197
10.6 LATIN AMERICA 198
10.6.1 LATIN AMERICA: 5G SERVICES MARKET DRIVERS 198
10.6.2 LATIN AMERICA: RECESSION IMPACT 199
TABLE 176 LATIN AMERICA: 5G SERVICES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 199
TABLE 177 LATIN AMERICA: 5G SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 200
TABLE 178 LATIN AMERICA: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2019–2022 (USD MILLION) 200
TABLE 179 LATIN AMERICA: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2023–2028 (USD MILLION) 200
TABLE 180 LATIN AMERICA: 5G SERVICES MARKET, BY END USER, 2019–2022 (USD MILLION) 201
TABLE 181 LATIN AMERICA: 5G SERVICES MARKET, BY END USER, 2023–2028 (USD MILLION) 201
TABLE 182 LATIN AMERICA: 5G SERVICES MARKET, BY ENTERPRISE, 2019–2022 (USD MILLION) 201
TABLE 183 LATIN AMERICA: 5G SERVICES MARKET, BY ENTERPRISE, 2023–2028 (USD MILLION) 202
TABLE 184 LATIN AMERICA: 5G SERVICES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 202
TABLE 185 LATIN AMERICA: 5G SERVICES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 202
10.6.3 BRAZIL 203
10.6.3.1 Rolling out of 5G standalone services using 2.3 GHz and 3.5 GHz spectrum 203
TABLE 186 BRAZIL: 5G SERVICES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 203
TABLE 187 BRAZIL: 5G SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 203
TABLE 188 BRAZIL: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2019–2022 (USD MILLION) 204
TABLE 189 BRAZIL: 5G SERVICES MARKET, BY COMMUNICATION TYPE, 2023–2028 (USD MILLION) 204
TABLE 190 BRAZIL: 5G SERVICES MARKET, BY END USER, 2019–2022 (USD MILLION) 204
TABLE 191 BRAZIL: 5G SERVICES MARKET, BY END USER, 2023–2028 (USD MILLION) 204
TABLE 192 BRAZIL: 5G SERVICES MARKET, BY ENTERPRISE, 2019–2022 (USD MILLION) 205
TABLE 193 BRAZIL: 5G SERVICES MARKET, BY ENTERPRISE, 2023–2028 (USD MILLION) 205
10.6.4 MEXICO 206
10.6.4.1 Improved collaboration between government and telecom companies for expedited 5G rollout 206
10.6.5 REST OF LATIN AMERICA 206
11 COMPETITIVE LANDSCAPE 207
11.1 INTRODUCTION 207
11.2 KEY PLAYERS’ STRATEGIES/RIGHT TO WIN 207
11.2.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY 5G SERVICE PROVIDERS 207
11.3 REVENUE ANALYSIS 208
FIGURE 37 HISTORICAL REVENUE ANALYSIS OF KEY PLAYERS, 2020–2022 (USD BILLION) 208
11.4 MARKET SHARE ANALYSIS 209
FIGURE 38 5G SERVICES MARKET SHARE ANALYSIS, 2022 209
TABLE 194 5G SERVICES MARKET: INTENSITY OF COMPETITIVE RIVALRY 209
11.5 COMPANY EVALUATION MATRIX 210
11.5.1 STARS 210
11.5.2 EMERGING LEADERS 210
11.5.3 PERVASIVE PLAYERS 210
11.5.4 PARTICIPANTS 210
FIGURE 39 COMPANY EVALUATION MATRIX, 2022 211
11.5.5 COMPANY FOOTPRINT 212
TABLE 195 COMPANY APPLICATION FOOTPRINT 212
TABLE 196 COMPANY ENTERPRISE FOOTPRINT 213
TABLE 197 COMPANY REGIONAL FOOTPRINT 214
TABLE 198 OVERALL COMPANY FOOTPRINT 215
11.6 STARTUP/SME EVALUATION MATRIX 216
11.6.1 PROGRESSIVE COMPANIES 216
11.6.2 RESPONSIVE COMPANIES 216
11.6.3 DYNAMIC COMPANIES 216
11.6.4 STARTING BLOCKS 216
FIGURE 40 STARTUP/SME EVALUATION MATRIX, 2022 217
11.6.5 COMPETITIVE BENCHMARKING 217
TABLE 199 DETAILED LIST OF START-UPS/SMES 217
TABLE 200 COMPETITIVE BENCHMARKING OF STARTUPS/SMES 218
11.7 COMPETITIVE SCENARIO AND TRENDS 219
11.7.1 PRODUCT LAUNCHES 219
TABLE 201 5G SERVICES MARKET: SERVICE LAUNCHES, DECEMBER 2021–SEPTEMBER 2023 219
11.7.2 DEALS 220
TABLE 202 5G SERVICES MARKET: DEALS, JANUARY 2021–OCTOBER 2023 220
11.8 5G SERVICES PRODUCT BENCHMARKING 222
11.8.1 PROMINENT 5G SERVICES 222
TABLE 203 COMPARATIVE ANALYSIS OF PROMINENT 5G SERVICES 222
11.8.1.1 AT&T 5G Unlimited 222
11.8.1.2 Verizon 5G Services 222
11.8.1.3 Vodafone 5G Home broadband 222
11.8.1.4 China Mobile 5G Services 222
11.8.1.5 Deutsche Telekom 5G Services 222
11.9 VALUATION AND FINANCIAL METRICS OF KEY 5G SERVICE PROVIDERS 223
FIGURE 41 VALUATION AND FINANCIAL METRICS OF KEY 5G SERVICE VENDORS 223
12 COMPANY PROFILES 224
12.1 KEY PLAYERS 224
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
12.1.1 AT&T 224
TABLE 204 AT&T: COMPANY OVERVIEW 224
FIGURE 42 AT&T: COMPANY SNAPSHOT 225
TABLE 205 AT&T: PRODUCTS/SOLUTIONS/SERVICES OFFERED 225
TABLE 206 AT&T: SERVICE LAUNCHES 226
TABLE 207 AT&T: DEALS 226
12.1.2 CHINA MOBILE 228
TABLE 208 CHINA MOBILE: COMPANY OVERVIEW 228
FIGURE 43 CHINA MOBILE: COMPANY SNAPSHOT 229
TABLE 209 CHINA MOBILE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 229
TABLE 210 CHINA MOBILE: SERVICE LAUNCHES 229
TABLE 211 CHINA MOBILE: DEALS 230
TABLE 212 CHINA MOBILE: OTHERS 230
12.1.3 VERIZON COMMUNICATIONS 232
TABLE 213 VERIZON COMMUNICATIONS: COMPANY OVERVIEW 232
FIGURE 44 VERIZON COMMUNICATIONS: COMPANY SNAPSHOT 233
TABLE 214 VERIZON COMMUNICATIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 233
TABLE 215 VERIZON COMMUNICATIONS: SERVICE LAUNCHES 233
TABLE 216 VERIZON COMMUNICATIONS: DEALS 234
12.1.4 DEUTSCHE TELEKOM AG 237
TABLE 217 DEUTSCHE TELEKOM AG: COMPANY OVERVIEW 237
FIGURE 45 DEUTSCHE TELEKOM AG: COMPANY SNAPSHOT 238
TABLE 218 DEUTSCHE TELEKOM AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 238
TABLE 219 DEUTSCHE TELEKOM AG: SERVICE LAUNCHES 238
TABLE 220 DEUTSCHE TELEKOM AG: DEALS 239
12.1.5 VODAFONE GROUP 241
TABLE 221 VODAFONE GROUP: COMPANY OVERVIEW 241
FIGURE 46 VODAFONE GROUP: COMPANY SNAPSHOT 242
TABLE 222 VODAFONE GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 242
TABLE 223 VODAFONE GROUP: SERVICE LAUNCHES 242
TABLE 224 VODAFONE GROUP: DEALS 243
12.1.6 SK TELECOM 245
TABLE 225 SK TELECOM: COMPANY OVERVIEW 245
FIGURE 47 SK TELECOM: COMPANY SNAPSHOT 246
TABLE 226 SK TELECOM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 246
TABLE 227 SK TELECOM: DEALS 247
12.1.7 BT GROUP 248
TABLE 228 BT GROUP: COMPANY OVERVIEW 248
FIGURE 48 BT GROUP: COMPANY SNAPSHOT 249
TABLE 229 BT GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 249
TABLE 230 BT GROUP: DEALS 250
12.1.8 CHINA TELECOM CORPORATION LIMITED 251
TABLE 231 CHINA TELECOM CORPORATION LIMITED: COMPANY OVERVIEW 251
FIGURE 49 CHINA TELECOM CORPORATION LIMITED: COMPANY SNAPSHOT 252
TABLE 232 CHINA TELECOM CORPORATION LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 252
TABLE 233 CHINA TELECOM CORPORATION LIMITED: SERVICE LAUNCHES 252
TABLE 234 CHINA TELECOM CORPORATION LIMITED: DEALS 253
12.1.9 ORANGE S.A. 254
TABLE 235 ORANGE S.A.: COMPANY OVERVIEW 254
FIGURE 50 ORANGE S.A.: COMPANY SNAPSHOT 255
TABLE 236 ORANGE S.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 255
TABLE 237 ORANGE S.A.: SERVICE LAUNCHES 255
TABLE 238 ORANGE S.A.: DEALS 256
TABLE 239 ORANGE S.A.: OTHERS 257
12.1.10 KT CORPORATION 258
TABLE 240 KT CORPORATION: COMPANY OVERVIEW 258
FIGURE 51 KT CORPORATION: COMPANY SNAPSHOT 259
TABLE 241 KT CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 259
TABLE 242 KT CORPORATION: DEALS 259
12.1.11 CHINA UNICOM NETWORK COMMUNICATIONS 261
12.1.12 TELSTRA GROUP LIMITED 262
12.1.13 ROGERS COMMUNICATION INC. 263
12.1.14 BELL CANADA 264
12.1.15 ETISALAT GROUP 265
12.1.16 SAUDI TELECOM COMPANY 266
12.1.17 KDDI CORPORATION 267
12.1.18 TELUS CORPORATION 268
12.1.19 LG UPLUS CORP. 269
12.1.20 SWISSCOM 270
12.1.21 RELIANCE JIO 271
12.1.22 BHARTI AIRTEL LIMITED 272
12.1.23 TELENOR ASA 273
12.1.24 MTN GROUP 274
12.1.25 RAKUTEN GROUP 275
12.1.26 NTT DOCOMO 276
12.1.27 DISH NETWORK CORPORATION 277
12.1.28 TELEFONICA S.A. 278
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
12.2 STARTUPS/SMES 279
12.2.1 JMA WIRELESS 279
12.2.2 VERANA NETWORKS 280
12.2.3 CELONA 281
12.2.4 MANGATA NETWORKS 282
12.2.5 AIRSPAN NETWORKS 283
12.2.6 EDGEQ 284
12.2.7 OMNIFLOW 285
12.2.8 AARNA NETWORKS 286
13 ADJACENT/RELATED MARKETS 287
13.1 INTRODUCTION 287
13.2 SMALL CELL 5G NETWORK MARKET 287
13.2.1 MARKET OVERVIEW 287
13.2.2 SMALL CELL 5G NETWORK MARKET, BY COMPONENT 287
TABLE 243 SMALL CELL 5G NETWORK MARKET, BY COMPONENT, 2019–2025 (USD MILLION) 288
13.2.2.1 Solutions 288
TABLE 244 SOLUTIONS: SMALL CELL 5G NETWORK MARKET, BY REGION, 2019–2025 (USD MILLION) 288
13.2.2.2 Services 288
TABLE 245 SERVICES: SMALL CELL 5G NETWORK MARKET, BY REGION, 2019–2025 (USD MILLION) 289
TABLE 246 SERVICES: SMALL CELL 5G NETWORK MARKET, BY TYPE, 2019–2025 (USD MILLION) 289
TABLE 247 CONSULTING MARKET, BY REGION, 2019–2025 (USD MILLION) 289
TABLE 248 INTEGRATION AND DEPLOYMENT MARKET, BY REGION, 2019–2025 (USD MILLION) 290
TABLE 249 TRAINING AND SUPPORT MARKET, BY REGION, 2019–2025 (USD MILLION) 290
13.2.3 SMALL CELL 5G NETWORK MARKET, BY CELL TYPE 290
TABLE 250 SMALL CELL 5G NETWORK MARKET, BY CELL TYPE, 2019–2025 (USD MILLION) 290
TABLE 251 PICOCELLS: SMALL CELL 5G NETWORK MARKET, BY REGION, 2019–2025 (USD MILLION) 291
TABLE 252 FEMTOCELLS: SMALL CELL 5G NETWORK MARKET, BY REGION, 2019–2025 (USD MILLION) 291
TABLE 253 MICROCELLS: SMALL CELL 5G NETWORK MARKET, BY REGION, 2019–2025 (USD MILLION) 291
13.2.4 SMALL CELL 5G NETWORK MARKET, BY DEPLOYMENT MODE 291
TABLE 254 SMALL CELL 5G NETWORK MARKET, BY DEPLOYMENT MODE, 2019–2025 (USD MILLION) 292
13.2.5 SMALL CELL 5G NETWORK MARKET, BY RADIO TECHNOLOGY 292
TABLE 255 SMALL CELL 5G NETWORK MARKET, BY RADIO TECHNOLOGY, 2019–2025 (USD MILLION) 292
13.2.6 SMALL CELL 5G NETWORK MARKET, BY END USER 292
TABLE 256 SMALL CELL 5G NETWORK MARKET, BY END USER, 2019–2025 (USD MILLION) 292
13.2.7 SMALL CELL 5G NETWORK MARKET, BY REGION 293
TABLE 257 SMALL CELL 5G NETWORK MARKET, BY REGION, 2019–2025 (USD MILLION) 293
13.3 5G IOT MARKET 293
13.3.1 MARKET DEFINITION 293
13.3.2 MARKET OVERVIEW 293
13.3.3 5G IOT MARKET, BY COMPONENT 294
TABLE 258 5G IOT MARKET, BY COMPONENT, 2020–2028 (USD MILLION) 294
TABLE 259 HARDWARE: 5G IOT MARKET, BY REGION, 2020–2028 (USD MILLION) 294
TABLE 260 PLATFORM: 5G IOT MARKET, BY REGION, 2020–2028 (USD MILLION) 295
TABLE 261 CONNECTIVITY: 5G IOT MARKET, BY REGION, 2020–2028 (USD MILLION) 295
TABLE 262 5G IOT MARKET, BY SERVICE, 2020–2028 (USD MILLION) 295
TABLE 263 5G IOT MARKET, BY PROFESSIONAL SERVICE, 2020–2028 (USD MILLION) 295
13.3.4 5G IOT MARKET, BY NETWORK TYPE 296
TABLE 264 5G IOT MARKET, BY NETWORK TYPE, 2020–2028 (USD MILLION) 296
TABLE 265 5G STANDALONE: 5G IOT MARKET, BY REGION, 2020–2028 (USD MILLION) 296
TABLE 266 5G NON-STANDALONE: 5G IOT MARKET, BY REGION, 2020–2028 (USD MILLION) 296
13.3.5 5G IOT MARKET, BY END USER 297
TABLE 267 5G IOT MARKET, BY END USER, 2020–2028 (USD MILLION) 297
13.3.6 5G IOT MARKET, BY REGION 298
TABLE 268 5G IOT MARKET, BY REGION, 2020–2028 (USD MILLION) 298
14 APPENDIX 299
14.1 DISCUSSION GUIDE 299
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 302
14.3 CUSTOMIZATION OPTIONS 304
14.4 RELATED REPORTS 304
14.5 AUTHOR DETAILS 305