Global 5G Applications and Services Market Insights and Forecast to 2028

5G Applications and Services Market 

The global 5G Applications and Services market size is projected to reach USD 389100 Million by 2028, from USD 66710 Million in 2021, at a CAGR of 25.0% during 2022-2028.

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. 

Global key players of 5G Applications and Services include Ericsson, Huawei, etc. Global top 3 companies hold a share about 30%. Europe is the largest market, with a share about 40%, followed by North America and Asia Pacific with the share about 30% and 25%. In terms of product, eMBB (Enhance Mobile Broadband) is the largest segment, with a share over 40%. And in terms of application, the largest application is Manufacturing, with a share about 30%.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global 5G Applications and Services market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global 5G Applications and Services market in terms of revenue.

Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global 5G Applications and Services market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global 5G Applications and Services market.

5G Applications and Services market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global 5G Applications and Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.

By Type

• EMBB (Enhance Mobile Broadband)
• URLLC (Ultra Reliable Low Latency Communications)
• MMTC (Massive Machine Type Communications)

By Application

• Telecom
• Media & Entertainment
• Manufacturing
• Transportation
• Retail and Logistics
• Healthcare
• Public Services
• BFSI
• Others

By Company

• Ericsson
• Huawei
• Nokia
• Samsung
• ZTE
• China Mobile
• China Telecom
• China Unicom
• Verizon
• AT&T
• Deutsche Telekom AG
• Vodafone Group
• SK Telecom
• NTT
• KT Corporation

By Region

• North America
• United States
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Nordic Countries
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA