5G Services Market
The 5G services market provides the infrastructure and capabilities for fifth-generation communication, catering to a wide range of end-users from individual smartphone consumers to large-scale industrial and civic applications. Key customers are found in verticals like smart cities, connected factories, healthcare, and transportation. The market's primary growth drivers include the increasing global dependency on smartphones and internet-enabled devices, the demand for enhanced mobile broadband for applications like AR/VR and UHD streaming, and the wave of new commercial uses that will emerge as the technology matures.
38%
Compound Annual Growth Rate
$273.5B
Estimated 2026
$3.60T
By 2034
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