Product ID: SQMIG50C2026
Report ID:
SQMIG50C2026 |
Region:
Global |
Published Date: July, 2001
Pages:
162
|
Tables:
107 |
Figures:
76
Global 5G services market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In 2022, Asia-Pacific is projected to hold the market share of 18% in the global market and grow at the fastest CAGR during the forecast period. Heavy investments by the key players such as China Telecom, China Mobile, SK Telecom, and KT Corp. in the market are likely to support the industry growth.
The increasing deployment of 4G and 5G networks opens up a plethora of possibilities for the deployment of 5G services in the region. Attributing to the region's large mobile subscriber base, companies are becoming more competitive and focusing on providing superior customer service.
The North America 5G services market is expected to grow at the fastest rate during the forecast period. The growing demand for 5G networks is propelling the North American 5G services market forward. Furthermore, market participants in Canada are investing heavily in the development of the 5G services market.
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REQUEST FREE CUSTOMIZATION5G Services Market size was valued at USD 38.02 billion in 2019 and is poised to grow from USD 60.61 billion in 2023 to USD 4026.2 billion by 2031, growing at a CAGR of 59.40% in the forecast period (2024-2031).
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Product ID: SQMIG50C2026