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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

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
Rising demand for reliable and ultra-low latency connectivity services is driving the growth of the 5G services market
The global 5G services market is expected to grow from USD 53.93 billion in 2020 to USD 123.27 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 18.0% during the forecast period. The rising demand for reliable and ultra-low latency connectivity services, increasing use of connected Internet of Things (IoT) devices, and growing data traffic are some of the factors expected to drive the 5G services market. However, the deployment cost of network services may restrain the growth of the 5G services market.

The broadband vertical to hold the largest market share during the forecast period
The broadband vertical is expected to have the largest market share in the 5G Services market by 2025. The 5G Fixed Wireless Access (FWA) application would disrupt the broadband ecosystem, as companies have started deploying it on a trial basis in several cities. For instance, Verizon Wireless announced its plans to launch 5G FWA for a group of its residential customers in California, US.

The enhanced Mobile Broadband (eMBB) segment to hold the largest market share during the forecast period
The eMBB segment is expected to hold the largest market share during the forecast period. eMBB is initially considered as an extension to 4G services, and would be commercialized by late 2018 or early 2019. Therefore, due to the early adoption of this application, it is expected to hold the largest market share during the forecast period.

North America to grow at the highest CAGR during the forecast period
In terms of growth rate, North America is expected to grow at the fastest growth rate, due to its dominance via sustainable and well-established economies, which enable it to invest heavily in Research and Development (R&D) activities. Owing to the rising adoption of new technologies, such as IoT and smart cities, and increasing need for high-speed internet connectivity, telecom service providers have started trials and tests for 5G services.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the 5G Services market.
The break-up of the profiles of the primary participants is given below:
By Company: Tier 1 - 25%, Tier 2 - 35%, and Tier 3 - 40%
By Designation: C-Level - 45%, Director Level - 51%, and Others - 4%
By Region: North America - 39%, Europe - 25%, APAC - 30%, and Rest of the World (RoW) - 6%

The key 5G services vendors profiled in the report are as follows:
AT&T (US)
Airtel (India)
BT Group (UK)
China Mobile (China)
China Telecom
Deutsche Telecom (Germany)
du (UAE)
Korea Telecom (Korea)
Sprint (US)
Saudi Telecom Company (Saudi Arabia)
SK Telecom (South Korea)
Telstra (Australia)
Vodafone (UK)
Verizon (US)

Research Coverage
The 5G services market has been segmented based on verticals, applications, and regions. A detailed analysis of the key industry players has been done to provide insights into their business overviews; services; key strategies; new service launches; partnerships, agreements, and collaborations; expansions; and competitive landscape associated with the global 5G services market.

Reasons to Buy the Report
The report would help market leaders/new entrants in the following ways:
The report comprehensively segments the 5G services market and provides the closest approximations of the revenue numbers for the overall market and its subsegments across regions.
The report would help stakeholders understand the pulse of the market, and provides the information about the key market drivers, restraints, challenges, and opportunities.
The report would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market. The competitive landscape section includes competitors’ ecosystem, new service developments, partnerships, and acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • DATA TRIANGULATION
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE 5G SERVICES MARKET
    • 5G SERVICES MARKET: MARKET SHARE OF TOP 3 VERTICALS AND REGIONS
    • MARKET INVESTMENT SCENARIO
  • MARKET OVERVIEW AND INDUSTRY TRENDS
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • LATEST IMPLEMENTATION AND TRIALS OF 5G SERVICES
    • COMPARISON BETWEEN ENABLING TECHNOLOGIES
  • 5G SERVICES MARKET, BY VERTICAL
    • INTRODUCTION
      • Table 5G SERVICES MARKET SIZE, BY VERTICAL , 2020-2025 (USD BILLION)
    • SMART CITIES
      • Table 5G SERVICES MARKET SIZE, BY SMART CITIES, 2020-2025 (USD BILLION)
      • SMART SIGNALING AND TRAFFIC MANAGEMENT SYSTEMS
      • SMART PARKING
      • ENVIRONMENTAL MONITORING
      • PUBLIC SAFETY
      • WATER AND WASTE MANAGEMENT
    • CONNECTED FACTORIES
      • Table 5G SERVICES MARKET SIZE, BY CONNECTED FACTORIES, 2020-2025 (USD BILLION)
      • CONNECTED MACHINERIES AND SENSORS
      • LOGISTICS AND SUPPLY CHAIN
      • ASSET TRACKING
      • WORKFORCE TRACKING
      • INCIDENT MANAGEMENT AND COMMUNICATION
    • SMART BUILDINGS
      • Table 5G SERVICES MARKET SIZE, BY SMART BUILDINGS, 2020-2025 (USD BILLION)
      • CONNECTED HVAC
      • SMART HOMES
      • DIGITAL CONTENT MANAGEMENT
    • CONNECTED VEHICLES
      • Table 5G SERVICES MARKET SIZE, BY CONNECTED VEHICLES, 2020-2025 (USD BILLION)
      • AUTONOMOUS VEHICLES
      • VEHICLE TELEMATICS
      • FREIGHT INFORMATION SYSTEM
    • CONNECTED HEALTHCARE
      • Table 5G SERVICES MARKET SIZE, BY CONNECTED HEALTHCARE, 2020-2025 (USD BILLION)
      • CLINICAL OPERATIONS AND WORKFLOW MANAGEMENT
      • INPATIENT MONITORING
      • CONNECTED IMAGING
      • MEDICATION MANAGEMENT
    • CONNECTED RETAIL
      • Table 5G SERVICES MARKET SIZE, BY CONNECTED RETAIL, 2020-2025 (USD BILLION)
      • ADVERTISING AND MARKETING
      • POINT OF SALE
      • VIDEO SURVEILLANCE AND SAFETY
    • SMART UTILITIES
    • VOICE
    • BROADBAND
      • Table 5G SERVICES MARKET SIZE, BY BROADBAND, 2020-2025 (USD BILLION)
    • OTHERS
  • 5G SERVICES MARKET, BY APPLICATION
    • INTRODUCTION
      • Table 5G SERVICES MARKET SIZE, BY APPLICATION, 2020-2025 (USD BILLION)
    • MMTC AND URLLC
    • EMBB
    • FWA
  • 5G SERVICES MARKET, BY REGION
    • INTRODUCTION
      • Table 5G SERVICES MARKET SIZE, BY REGION, 2020-2025 (USD BILLION)
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
        • Table NORTH AMERICA: 5G SERVICES MARKET SIZE, BY APPLICATION, 2020-2025 (USD BILLION)
        • Table NORTH AMERICA: 5G SERVICES MARKET SIZE, BY VERTICAL, 2020-2025 (USD BILLION)
        • Table NORTH AMERICA: 5G SERVICES MARKET SIZE, BY SMART CITIES, 2020-2025 (USD BILLION)
        • Table NORTH AMERICA: 5G SERVICES MARKET SIZE, BY CONNECTED FACTORIES, 2020-2025 (USD BILLION)
        • Table NORTH AMERICA: 5G SERVICES MARKET SIZE, BY SMART BUILDINGS, 2020-2025 (USD BILLION)
        • Table NORTH AMERICA: 5G SERVICES MARKET SIZE, BY CONNECTED VEHICLES, 2020-2025 (USD BILLION)
        • Table NORTH AMERICA: 5G SERVICES MARKET SIZE, BY CONNECTED HEALTHCARE, 2020-2025 (USD BILLION)
        • Table NORTH AMERICA: 5G SERVICES MARKET SIZE, BY CONNECTED RETAIL, 2020-2025 (USD BILLION)
        • Table NORTH AMERICA: 5G SERVICES MARKET SIZE, BY BROADBAND, 2020-2025 (USD BILLION)
    • EUROPE
      • NORWAY
      • GERMANY
      • UNITED KINGDOM
      • SWITZERLAND
        • Table EUROPE: 5G SERVICES MARKET SIZE, BY APPLICATION, 2020-2025 (USD BILLION)
        • Table EUROPE: 5G SERVICES MARKET SIZE, BY VERTICAL, 2020-2025 (USD BILLION)
        • Table EUROPE: 5G SERVICES MARKET SIZE, BY SMART CITIES, 2020-2025 (USD BILLION)
        • Table EUROPE: 5G SERVICES MARKET SIZE, BY CONNECTED FACTORIES, 2020-2025 (USD BILLION)
        • Table EUROPE: 5G SERVICES MARKET SIZE, BY SMART BUILDINGS, 2020-2025 (USD BILLION)
        • Table EUROPE: 5G SERVICES MARKET SIZE, BY CONNECTED VEHICLES, 2020-2025 (USD BILLION)
        • Table EUROPE: 5G SERVICES MARKET SIZE, BY CONNECTED HEALTHCARE, 2020-2025 (USD BILLION)
        • Table EUROPE: 5G SERVICES MARKET SIZE, BY CONNECTED RETAIL, 2020-2025 (USD BILLION)
        • Table EUROPE: 5G SERVICES MARKET SIZE, BY BROADBAND, 2020-2025 (USD BILLION)
    • ASIA PACIFIC
      • SOUTH KOREA
      • JAPAN
      • CHINA
      • INDONESIA
      • INDIA
      • AUSTRALIA AND NEW ZEALAND
        • Table ASIA PACIFIC: 5G SERVICES MARKET SIZE, BY APPLICATION, 2020-2025 (USD BILLION)
        • Table ASIA PACIFIC: 5G SERVICES MARKET SIZE, BY VERTICAL, 2020-2025 (USD BILLION)
        • Table ASIA PACIFIC: 5G SERVICES MARKET SIZE, BY SMART CITIES, 2020-2025 (USD BILLION)
        • Table ASIA PACIFIC: 5G SERVICES MARKET SIZE, BY CONNECTED FACTORIES, 2020-2025 (USD BILLION)
        • Table ASIA PACIFIC: 5G SERVICES MARKET SIZE, BY SMART BUILDINGS, 2020-2025 (USD BILLION)
        • Table ASIA PACIFIC: 5G SERVICES MARKET SIZE, BY CONNECTED VEHICLES, 2020-2025 (USD BILLION)
        • Table ASIA PACIFIC: 5G SERVICES MARKET SIZE, BY CONNECTED HEALTHCARE, 2020-2025 (USD BILLION)
        • Table ASIA PACIFIC: 5G SERVICES MARKET SIZE, BY CONNECTED RETAIL, 2020-2025 (USD BILLION)
        • Table ASIA PACIFIC: 5G SERVICES MARKET SIZE, BY BROADBAND, 2020-2025 (USD BILLION)
    • LATIN AMERICA
      • BRAZIL
      • MEXICO
        • Table LATIN AMERICA: 5G SERVICES MARKET SIZE, BY APPLICATION, 2020-2025 (USD BILLION)
        • Table LATIN AMERICA: 5G SERVICES MARKET SIZE, BY VERTICAL, 2020-2025 (USD BILLION)
        • Table LATIN AMERICA: 5G SERVICES MARKET SIZE, BY SMART CITIES, 2020-2025 (USD BILLION)
        • Table LATIN AMERICA: 5G SERVICES MARKET SIZE, BY CONNECTED FACTORIES, 2020-2025 (USD BILLION)
        • Table LATIN AMERICA: 5G SERVICES MARKET SIZE, BY SMART BUILDINGS, 2020-2025 (USD BILLION)
        • Table LATIN AMERICA: 5G SERVICES MARKET SIZE, BY CONNECTED VEHICLES, 2020-2025 (USD BILLION)
        • Table LATIN AMERICA: 5G SERVICES MARKET SIZE, BY CONNECTED HEALTHCARE, 2020-2025 (USD BILLION)
        • Table LATIN AMERICA: 5G SERVICES MARKET SIZE, BY CONNECTED RETAIL, 2020-2025 (USD BILLION)
        • Table LATIN AMERICA: 5G SERVICES MARKET SIZE, BY BROADBAND, 2020-2025 (USD BILLION)
    • MIDDLE EAST AND AFRICA
      • MIDDLE EAST AND NORTH AFRICA
        • Table MIDDLE EAST AND AFRICA: 5G SERVICES MARKET SIZE, BY APPLICATION, 2020-2025 (USD BILLION)
        • Table MIDDLE EAST AND AFRICA: 5G SERVICES MARKET SIZE, BY VERTICAL, 2020-2025 (USD BILLION)
        • Table MIDDLE EAST AND AFRICA: 5G SERVICES MARKET SIZE, BY SMART CITIES, 2020-2025 (USD BILLION)
        • Table MIDDLE EAST AND AFRICA: 5G SERVICES MARKET SIZE, BY CONNECTED FACTORIES, 2020-2025 (USD BILLION)
        • Table MIDDLE EAST AND AFRICA: 5G SERVICES MARKET SIZE, BY SMART BUILDINGS, 2020-2025 (USD BILLION)
        • Table MIDDLE EAST AND AFRICA: 5G SERVICES MARKET SIZE, BY CONNECTED VEHICLES, 2020-2025 (USD BILLION)
        • Table MIDDLE EAST AND AFRICA: 5G SERVICES MARKET SIZE, BY CONNECTED HEALTHCARE, 2020-2025 (USD BILLION)
        • Table MIDDLE EAST AND AFRICA: 5G SERVICES MARKET SIZE, BY CONNECTED RETAIL, 2020-2025 (USD BILLION)
        • Table MIDDLE EAST AND AFRICA: 5G SERVICES MARKET SIZE, BY BROADBAND, 2020-2025 (USD BILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • KEY PLAYERS IN THE 5G SERVICES MARKET
    • COMPETITIVE SCENARIO
      • PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
        • Table PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2018
      • NEW PRODUCT/SERVICE LAUNCHES AND 5G TRIALS
        • Table NEW PRODUCT/SERVICE LAUNCHES AND 5G TRIALS, 2018
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2018
      • BUSINESS EXPANSIONS
        • Table BUSINESS EXPANSIONS, 2018
  • COMPANY PROFILES
    • INTRODUCTION
    • AT&T
      • BUSINESS OVERVIEW
      • RECENT AND FUTURE DEVELOPMENTS
      • MNM VIEW
    • CHINA MOBILE
      • BUSINESS OVERVIEW
      • RECENT AND FUTURE DEVELOPMENTS
      • MNM VIEW
    • SK TELECOM
      • BUSINESS OVERVIEW
      • RECENT AND FUTURE DEVELOPMENTS
      • MNM VIEW
    • VERIZON
      • BUSINESS OVERVIEW
      • RECENT AND FUTURE DEVELOPMENTS
      • MNM VIEW
    • BT GROUP
      • BUSINESS OVERVIEW
      • RECENT AND FUTURE DEVELOPMENTS
      • MNM VIEW
    • CHINA TELECOM
      • BUSINESS OVERVIEW
      • RECENT AND FUTURE DEVELOPMENTS
    • DEUTSCHE TELEKOM
      • BUSINESS OVERVIEW
      • RECENT AND FUTURE DEVELOPMENTS
      • MNM VIEW
    • KT CORPORATION
      • BUSINESS OVERVIEW
      • RECENT AND FUTURE DEVELOPMENTS
      • MNM VIEW
    • SPRINT
      • BUSINESS OVERVIEW
      • RECENT AND FUTURE DEVELOPMENTS
      • MNM VIEW
    • TELSTRA
      • BUSINESS OVERVIEW
      • RECENT AND FUTURE DEVELOPMENTS
      • MNM VIEW
    • AIRTEL
      • BUSINESS OVERVIEW
      • RECENT AND FUTURE DEVELOPMENTS
      • MNM VIEW
    • DU
      • BUSINESS OVERVIEW
      • RECENT AND FUTURE DEVELOPMENTS
    • SAUDI TELECOM COMPANY
      • BUSINESS OVERVIEW
      • RECENT AND FUTURE DEVELOPMENTS
    • VODAFONE GROUP
      • BUSINESS OVERVIEW
      • RECENT AND FUTURE DEVELOPMENTS
      • MNM VIEW
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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