From GlobeNewswire.: 2025-02-17 10:00:00

The 5G Services Market was valued at USD 93.47 billion in 2023, projected to reach USD 2271.25 billion by 2032 with a CAGR of 42.59%. Major players include AT&T, China Mobile, and Verizon. Enterprises hold 87% market share, while the consumer segment is expected to grow fastest at a CAGR of 48.01%.

The Entertainment & Immersive Tech segment led the 5G Services Market with a 32% revenue share in 2023, driven by high-quality video streaming and gaming. The Industrial & Enterprise segment is poised to grow at the fastest rate of 45% from 2024-2032. eMBB dominates communication types, while uRLLC is expected to grow the fastest.

Asia Pacific leads the 5G Services Market with a 40% revenue share in 2023. North America is set to experience the fastest growth. The market is driven by rising demand for high-speed internet, with applications in smart infrastructure, automotive, healthcare, and entertainment. For more detailed analysis, visit the provided link. Asia Pacific maintains top position in high-speed internet demand and digital transformation. North America to grow at 44.73% CAGR from 2024 to 2032, driven by 5G investment. Detailed report includes market dynamics, regional analysis, and company profiles. SNS Insider offers consulting services for market assessment and competitive benchmarking. Learn more at the provided link.



Read more at GlobeNewswire.: 5G Services Market Projected to Reach USD 2271.25 Billion