The market for 5G services grows by DKK 170.30 billion. USD | Rising demand for improved network capacity to access connected services to boost market growth

NEW YORK, November 24, 2021 / PRNewswire / – “5G end-user service market (consumer and business) and geography (North America, APAC, Europe, MEA and South America) – Forecast and Analysis 2022-2026 “report has been added to Technavio’s offering. With ISO 9001: 2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years.

Attractive opportunities in the 5G service market by end user and geography - forecast and analysis 2022-2026

Attractive opportunities in the 5G service market by end user and geography – forecast and analysis 2022-2026

The potential growth difference for the 5g service market between 2021 and 2026 is USD 170.30 billion. Talk to our analyst to get the exact annual growth variance and YOY growth rate.

Key market dynamics:

  • Market drivers

  • Market challenges

That increasing demand for improved network capacity to access connected services and increased telecommunications subscriber base and rapid growth of the urban population; are some of the key market drivers. But factors such as high implementation costs for 5g technology will challenge market growth.

To learn about additional key drivers, trends, and challenges available with Technavio, Read our FREE trial report right now!

The market report for 5g services is segmented by end user (consumer and business) and geography (North America, APAC, Europe, MEA and South America). North America will be the leading region with 42% of market growth during the forecast period. USA and Canada are the key markets for 5g services in North America.

See our sample report for further insight into the contribution of all segments and regional opportunities in the report.

Some mentioned companies

To access more vendor profiles with their key offerings available with Technavio, click here

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Market scope for 5G services

Report coverage

details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerates at a CAGR of 30.31%

Market growth 2022-2026

USD 170.30 billion

Market structure

Fragmented

Annual growth (%)

25.20

Regional analysis

North America, APAC, Europe, MEA and South America

Execution of market contributions

North America with 42%

Key consumer countries

USA, Canada, China, Germany and Japan

Competitive landscape

Leading companies, competitive strategies, extent of consumer engagement

Companies profiled

AT and T Inc., Bharti Airtel Ltd., BT Group Plc, Deutsche Telekom AG, Nippon Telegraph and Telephone Corp., Orange SA, SK Telecom Co. Ltd., Telstra Corp. Ltd., Verizon Communications Inc. and Vodafone Group Plc

Market dynamics

Parental Market Analysis, Market Growth Inducers and Obstacles, Fast Growing and Slow Growing Segment Analysis, COVID-19 Impact and Future Consumer Dynamics, Market Condition Analysis for Forecast Period.

Adaptation area

If our report has not included the data you are looking for, you can contact our analysts and get customized segments.

Key topics covered:

  • Executive Summary

  • Market landscape

  • Market size

  • Analysis of five forces

  • Market segmentation

  • Customer landscape

  • Geographical Landscape

  • Selling Landscape

  • Supplier analysis

  • Appendix

About us
Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides practical insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, extensive research and dynamic market insights to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

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Website: www.technavio.com/

Technavio (PRNewsfoto / Technavio)

Technavio (PRNewsfoto / Technavio)

Cision

Cision

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SOURCE Technavio

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