The Business Research Company’s latest report 5G Services Global Market Report 2020 covers 5G Services market drivers, 5G Services market trends, 5G Services market segments, 5G Services market growth rate, 5G Services market major players, and 5G Services market size. The report provides in-depth analysis of the impact of COVID-19 on the 5G Services industry, along with revised market numbers due to the effects of the coronavirus.
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5G Services Global Market Report 2020 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 of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global 5G services market is expected to grow from $49.7 billion in 2019 to about $68.6 billion in 2020 as the demand for high-speed and better quality data services is increasing as people are staying indoors and spending more time on the internet for work as well as leisure purposes. The market is expected to stabilize and reach $128.1 billion at a CAGR of 26.7% through 2023.
The report covers the 5G Services market’s 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 & Entertain.
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