Global and United States 5G Applications and Services Market Report & Forecast 2022-2028

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.
Market Analysis and Insights: Global and United States 5G Applications and Services Market
This report focuses on global and United States 5G Applications and Services market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global 5G Applications and Services market size is estimated to be worth US$ 102000 million in 2022 and is forecast to a readjusted size of US$ 389100 million by 2028 with a CAGR of 25.0% during the review period. Fully considering the economic change by this health crisis, by Type, EMBB (Enhance Mobile Broadband) accounting for % of the 5G Applications and Services global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Telecom was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
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%.
Global 5G Applications and Services Scope and Market Size
5G Applications and Services market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global 5G Applications and Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the 5G Applications and Services market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.

Segment by Type
EMBB (Enhance Mobile Broadband)
URLLC (Ultra Reliable Low Latency Communications)
MMTC (Massive Machine Type Communications)

Segment by Application
Telecom
Media & Entertainment
Manufacturing
Transportation
Retail and Logistics
Healthcare
Public Services
BFSI
Others

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Ericsson
Huawei
Nokia
Samsung
ZTE
China Mobile
China Telecom
China Unicom
Verizon
AT&T
Deutsche Telekom AG
Vodafone Group
SK Telecom
NTT
KT Corporation