Global and Japan 5G Applications and Services Market Size, Status and Forecast 2021-2027
Summary:
5G is the 5th generation mobile network. It is a new global wireless standard after 1G, 2G, 3G, and 4G networks. 5G enables a new kind of network that is designed to connect virtually everyone and everything together including machines, objects, and devices. 5G wireless technology is meant to deliver higher multi-Gbps peak data speeds, ultra low latency, more reliability, massive network capacity, increased availability, and a more uniform user experience to more users. Higher performance and improved efficiency empower new user experiences and connects new industries.
5G is a unified, more capable air interface. It has been designed with an extended capacity to enable next-generation user experiences, empower new deployment models and deliver new services. With high speeds, superior reliability and negligible latency, 5G will expand the mobile ecosystem into new realms. 5G will impact every industry, making safer transportation, remote healthcare, precision agriculture, digitized logistics — and more — a reality.
Global key players of 5G Applications and Services include Ericsson, Huawei, etc. Global top 3 companies hold a share about 30%. Europe is the largest market, with a share about 40%, followed by North America and Asia Pacific with the share about 30% and 25%. In terms of product, eMBB (Enhance Mobile Broadband) is the largest segment, with a share over 40%. And in terms of application, the largest application is Manufacturing, with a share about 30%.
Market Snapshot
A recently published report by QY Research, titled “Global 5G Applications and Services Market Size, Status and Forecast 2022” gives an overview of the overall 5G Applications and Services market. This section sheds light on key impact-rendering drivers and constraints that are impacting the growth. It permits users to understand the different shortcomings and how they may hamper the development afterward. This segment is considered to be one of the most crucial segments of the report as it helps readers comprehend the impact of various macro and microeconomic factors on development. The role of various sectors, including small-scale and large-scale, in the expansion has also been discussed in the report. Additionally, the industry experts have put forth the current trends and prospects, which are likely to aid the growth in the upcoming years.
The global 5G Applications and Services market size is projected to reach US$ 449060 million by 2027, from US$ 32740 million in 2020, at a CAGR of 37.4% during 2021-2027.
Impact of Covid-19 Outbreak
This section of the report has explored the overall status of the Covid scenario and has offered valuable insights into the changes in supply chain disruption, fluctuations in demand, etc. The analysts have also focused on the key measures that the companies are opting to withstand the harsh scenario.
Segmental Analysis
The report has been segmented into product and application segments. The researchers have documented all the products present today in the 5G Applications and Services market. They have also shed light on the new product innovations and launches by the key players. In the segmental analysis, the analysts have provided revenue forecast figures based on type and application for the period 2016-2027. They have also discussed about the growth rate and potential of each segment for the period 2016-2027.
5G Applications and Services Breakdown Data by Type
EMBB (Enhance Mobile Broadband)
URLLC (Ultra Reliable Low Latency Communications)
MMTC (Massive Machine Type Communications)
5G Applications and Services Breakdown Data by Application
Telecom
Media & Entertainment
Manufacturing
Transportation
Retail and Logistics
Healthcare
Public Services
BFSI
Others
Regional Analysis
The significant regions that are studied in the research report encompass North America, Europe, Asia Pacific, Central and South America, and the Middle East and Africa. In this section of the report, the specialists have explored various areas that are contributing to the development and can present lucrative growth prospects for the manufacturers in the forthcoming years. The report also provides region-wise and country-wise sales and revenue forecast data for the period 2021-2027.
Competitive Landscape
This segment focuses on the key players operating in the industry. It underlines all the current and future activities by the prominent manufacturers. By understanding various initiatives being taken up by different players, readers will gain the ability to settle on correct business choices. The authors of the report have provided accurate revenue figures of the companies for the period 2016-2021. The clients are sure to gain the upper hand once they get hold of this report. Key players studied in the research report include:
Ericsson
Huawei
Nokia
Samsung
ZTE
China Mobile
China Telecom
China Unicom
Verizon
AT&T
Deutsche Telekom AG
Vodafone Group
SK Telecom
NTT
KT Corporation
Frequently Asked Questions
What factors will challenge the 5G Applications and Services market growth?
Which end-use segment will expand at the fastest CAGR in the 5G Applications and Services market?
Which are the emerging players in the 5G Applications and Services market?
How concentrated is the 5G Applications and Services market?
Which factors are positively contributing to the 5G Applications and Services market growth?
Which are the novel product innovations in the 5G Applications and Services market?
Which product segment will emerge as the most lucrative in the 5G Applications and Services market?
Which factors are increasing the competition in the 5G Applications and Services market?
Which are the strategic measures taken by the 5G Applications and Services industry players?
Which region will witness inactive growth during the forecast period?
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global 5G Applications and Services Market Size Growth Rate by Type: 2016 VS 2021 VS 2027
1.2.2 EMBB (Enhance Mobile Broadband)
1.2.3 URLLC (Ultra Reliable Low Latency Communications)
1.2.4 MMTC (Massive Machine Type Communications)
1.3 Market by Application
1.3.1 Global 5G Applications and Services Market Share by Application: 2016 VS 2021 VS 2027
1.3.2 Telecom
1.3.3 Media & Entertainment
1.3.4 Manufacturing
1.3.5 Transportation
1.3.6 Retail and Logistics
1.3.7 Healthcare
1.3.8 Public Services
1.3.9 BFSI
1.3.10 Others
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global 5G Applications and Services Market Perspective (2016-2027)
2.2 5G Applications and Services Growth Trends by Regions
2.2.1 5G Applications and Services Market Size by Regions: 2016 VS 2021 VS 2027
2.2.2 5G Applications and Services Historic Market Share by Regions (2016-2021)
2.2.3 5G Applications and Services Forecasted Market Size by Regions (2022-2027)
2.3 5G Applications and Services Industry Dynamic
2.3.1 5G Applications and Services Market Trends
2.3.2 5G Applications and Services Market Drivers
2.3.3 5G Applications and Services Market Challenges
2.3.4 5G Applications and Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top 5G Applications and Services Players by Revenue
3.1.1 Global Top 5G Applications and Services Players by Revenue (2016-2021)
3.1.2 Global 5G Applications and Services Revenue Market Share by Players (2016-2021)
3.2 Global 5G Applications and Services Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by 5G Applications and Services Revenue
3.4 Global 5G Applications and Services Market Concentration Ratio
3.4.1 Global 5G Applications and Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by 5G Applications and Services Revenue in 2020
3.5 5G Applications and Services Key Players Head office and Area Served
3.6 Key Players 5G Applications and Services Product Solution and Service
3.7 Date of Enter into 5G Applications and Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 5G Applications and Services Breakdown Data by Type
4.1 Global 5G Applications and Services Historic Market Size by Type (2016-2021)
4.2 Global 5G Applications and Services Forecasted Market Size by Type (2022-2027)
5 5G Applications and Services Breakdown Data by Application
5.1 Global 5G Applications and Services Historic Market Size by Application (2016-2021)
5.2 Global 5G Applications and Services Forecasted Market Size by Application (2022-2027)
6 North America
6.1 North America 5G Applications and Services Market Size (2016-2027)
6.2 North America 5G Applications and Services Market Size by Type
6.2.1 North America 5G Applications and Services Market Size by Type (2016-2021)
6.2.2 North America 5G Applications and Services Market Size by Type (2022-2027)
6.2.3 North America 5G Applications and Services Market Size by Type (2016-2027)
6.3 North America 5G Applications and Services Market Size by Application
6.3.1 North America 5G Applications and Services Market Size by Application (2016-2021)
6.3.2 North America 5G Applications and Services Market Size by Application (2022-2027)
6.3.3 North America 5G Applications and Services Market Size by Application (2016-2027)
6.4 North America 5G Applications and Services Market Size by Country
6.4.1 North America 5G Applications and Services Market Size by Country (2016-2021)
6.4.2 North America 5G Applications and Services Market Size by Country (2022-2027)
6.4.3 United States
6.4.4 Canada
7 Europe
7.1 Europe 5G Applications and Services Market Size (2016-2027)
7.2 Europe 5G Applications and Services Market Size by Type
7.2.1 Europe 5G Applications and Services Market Size by Type (2016-2021)
7.2.2 Europe 5G Applications and Services Market Size by Type (2022-2027)
7.2.3 Europe 5G Applications and Services Market Size by Type (2016-2027)
7.3 Europe 5G Applications and Services Market Size by Application
7.3.1 Europe 5G Applications and Services Market Size by Application (2016-2021)
7.3.2 Europe 5G Applications and Services Market Size by Application (2022-2027)
7.3.3 Europe 5G Applications and Services Market Size by Application (2016-2027)
7.4 Europe 5G Applications and Services Market Size by Country
7.4.1 Europe 5G Applications and Services Market Size by Country (2016-2021)
7.4.2 Europe 5G Applications and Services Market Size by Country (2022-2027)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic
8 Asia-Pacific
8.1 Asia-Pacific 5G Applications and Services Market Size (2016-2027)
8.2 Asia-Pacific 5G Applications and Services Market Size by Type
8.2.1 Asia-Pacific 5G Applications and Services Market Size by Type (2016-2021)
8.2.2 Asia-Pacific 5G Applications and Services Market Size by Type (2022-2027)
8.2.3 Asia-Pacific 5G Applications and Services Market Size by Type (2016-2027)
8.3 Asia-Pacific 5G Applications and Services Market Size by Application
8.3.1 Asia-Pacific 5G Applications and Services Market Size by Application (2016-2021)
8.3.2 Asia-Pacific 5G Applications and Services Market Size by Application (2022-2027)
8.3.3 Asia-Pacific 5G Applications and Services Market Size by Application (2016-2027)
8.4 Asia-Pacific 5G Applications and Services Market Size by Region
8.4.1 Asia-Pacific 5G Applications and Services Market Size by Region (2016-2021)
8.4.2 Asia-Pacific 5G Applications and Services Market Size by Region (2022-2027)
8.4.3 China
8.4.4 Japan
8.4.5 South Korea
8.4.6 Southeast Asia
8.4.7 India
8.4.8 Australia
9 Latin America
9.1 Latin America 5G Applications and Services Market Size (2016-2027)
9.2 Latin America 5G Applications and Services Market Size by Type
9.2.1 Latin America 5G Applications and Services Market Size by Type (2016-2021)
9.2.2 Latin America 5G Applications and Services Market Size by Type (2022-2027)
9.2.3 Latin America 5G Applications and Services Market Size by Type (2016-2027)
9.3 Latin America 5G Applications and Services Market Size by Application
9.3.1 Latin America 5G Applications and Services Market Size by Application (2016-2021)
9.3.2 Latin America 5G Applications and Services Market Size by Application (2022-2027)
9.3.3 Latin America 5G Applications and Services Market Size by Application (2016-2027)
9.4 Latin America 5G Applications and Services Market Size by Country
9.4.1 Latin America 5G Applications and Services Market Size by Country (2016-2021)
9.4.2 Latin America 5G Applications and Services Market Size by Country (2022-2027)
9.4.3 Mexico
9.4.4 Brazil
10 Middle East & Africa
10.1 Middle East & Africa 5G Applications and Services Market Size (2016-2027)
10.2 Middle East & Africa 5G Applications and Services Market Size by Type
10.2.1 Middle East & Africa 5G Applications and Services Market Size by Type (2016-2021)
10.2.2 Middle East & Africa 5G Applications and Services Market Size by Type (2022-2027)
10.2.3 Middle East & Africa 5G Applications and Services Market Size by Type (2016-2027)
10.3 Middle East & Africa 5G Applications and Services Market Size by Application
10.3.1 Middle East & Africa 5G Applications and Services Market Size by Application (2016-2021)
10.3.2 Middle East & Africa 5G Applications and Services Market Size by Application (2022-2027)
10.3.3 Middle East & Africa 5G Applications and Services Market Size by Application (2016-2027)
10.4 Middle East & Africa 5G Applications and Services Market Size by Country
10.4.1 Middle East & Africa 5G Applications and Services Market Size by Country (2016-2021)
10.4.2 Middle East & Africa 5G Applications and Services Market Size by Country (2022-2027)
10.4.3 Turkey
10.4.4 Saudi Arabia
10.4.5 UAE
11 Key Players Profiles
11.1 Ericsson
11.1.1 Ericsson Company Details
11.1.2 Ericsson Business Overview
11.1.3 Ericsson 5G Applications and Services Introduction
11.1.4 Ericsson Revenue in 5G Applications and Services Business (2016-2021)
11.1.5 Ericsson Recent Development
11.2 Huawei
11.2.1 Huawei Company Details
11.2.2 Huawei Business Overview
11.2.3 Huawei 5G Applications and Services Introduction
11.2.4 Huawei Revenue in 5G Applications and Services Business (2016-2021)
11.2.5 Huawei Recent Development
11.3 Nokia
11.3.1 Nokia Company Details
11.3.2 Nokia Business Overview
11.3.3 Nokia 5G Applications and Services Introduction
11.3.4 Nokia Revenue in 5G Applications and Services Business (2016-2021)
11.3.5 Nokia Recent Development
11.4 Samsung
11.4.1 Samsung Company Details
11.4.2 Samsung Business Overview
11.4.3 Samsung 5G Applications and Services Introduction
11.4.4 Samsung Revenue in 5G Applications and Services Business (2016-2021)
11.4.5 Samsung Recent Development
11.5 ZTE
11.5.1 ZTE Company Details
11.5.2 ZTE Business Overview
11.5.3 ZTE 5G Applications and Services Introduction
11.5.4 ZTE Revenue in 5G Applications and Services Business (2016-2021)
11.5.5 ZTE Recent Development
11.6 China Mobile
11.6.1 China Mobile Company Details
11.6.2 China Mobile Business Overview
11.6.3 China Mobile 5G Applications and Services Introduction
11.6.4 China Mobile Revenue in 5G Applications and Services Business (2016-2021)
11.6.5 China Mobile Recent Development
11.7 China Telecom
11.7.1 China Telecom Company Details
11.7.2 China Telecom Business Overview
11.7.3 China Telecom 5G Applications and Services Introduction
11.7.4 China Telecom Revenue in 5G Applications and Services Business (2016-2021)
11.7.5 China Telecom Recent Development
11.8 China Unicom
11.8.1 China Unicom Company Details
11.8.2 China Unicom Business Overview
11.8.3 China Unicom 5G Applications and Services Introduction
11.8.4 China Unicom Revenue in 5G Applications and Services Business (2016-2021)
11.8.5 China Unicom Recent Development
11.9 Verizon
11.9.1 Verizon Company Details
11.9.2 Verizon Business Overview
11.9.3 Verizon 5G Applications and Services Introduction
11.9.4 Verizon Revenue in 5G Applications and Services Business (2016-2021)
11.9.5 Verizon Recent Development
11.10 AT&T
11.10.1 AT&T Company Details
11.10.2 AT&T Business Overview
11.10.3 AT&T 5G Applications and Services Introduction
11.10.4 AT&T Revenue in 5G Applications and Services Business (2016-2021)
11.10.5 AT&T Recent Development
11.11 Deutsche Telekom AG
11.11.1 Deutsche Telekom AG Company Details
11.11.2 Deutsche Telekom AG Business Overview
11.11.3 Deutsche Telekom AG 5G Applications and Services Introduction
11.11.4 Deutsche Telekom AG Revenue in 5G Applications and Services Business (2016-2021)
11.11.5 Deutsche Telekom AG Recent Development
11.12 Vodafone Group
11.12.1 Vodafone Group Company Details
11.12.2 Vodafone Group Business Overview
11.12.3 Vodafone Group 5G Applications and Services Introduction
11.12.4 Vodafone Group Revenue in 5G Applications and Services Business (2016-2021)
11.12.5 Vodafone Group Recent Development
11.13 SK Telecom
11.13.1 SK Telecom Company Details
11.13.2 SK Telecom Business Overview
11.13.3 SK Telecom 5G Applications and Services Introduction
11.13.4 SK Telecom Revenue in 5G Applications and Services Business (2016-2021)
11.13.5 SK Telecom Recent Development
11.14 NTT
11.14.1 NTT Company Details
11.14.2 NTT Business Overview
11.14.3 NTT 5G Applications and Services Introduction
11.14.4 NTT Revenue in 5G Applications and Services Business (2016-2021)
11.14.5 NTT Recent Development
11.15 KT Corporation
11.15.1 KT Corporation Company Details
11.15.2 KT Corporation Business Overview
11.15.3 KT Corporation 5G Applications and Services Introduction
11.15.4 KT Corporation Revenue in 5G Applications and Services Business (2016-2021)
11.15.5 KT Corporation Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
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