5G Services Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the 5G services industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected 5G services market growth numbers 2021-2030.
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The 5G Services Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global 5G services market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The 5G Services Global Market Report 2021 covers 5G services market drivers, 5G services market trends, 5G services market growth rate, 5G services market major players, player-adopted strategies in the market, and 5G services market size.
The global 5G services market is expected to grow from $69.39 billion in 2020 to $83.24 billion in 2021 at a compound annual growth rate (CAGR) of 20%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The 5G services market is expected to reach $188 billion in 2025 at a CAGR of 23%.
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The report covers the 5G services market segments-
1) By Communication Type: Fixed Wireless Access (FWA), Enhanced Mobile Broadband (eMBB), Ultra-Reliable and Low Latency Communications (uRLLC), Massive Machine-Type Communications (mMTC)
2) By End-User: Manufacturing, Energy & Utilities, Media & Entertainment, IT & Telecom, Transportation & Logistics, Healthcare
3) By Vertical: Smart Cities, Smart Buildings, Connected Factories, Smart Utilities, Connected Healthcare, Connected Retail, Others
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