The global 5G services market size was valued at 41.48 billion USD in 2021 and is projected to grow at a CAGR of 46% from 2021 to 2027. In addition, the higher data rates and ultra-low latency 5G technology offers users while using 5G services for multiple use cases such as virtual reality (VR) and augmented reality (AR) games, seamless video calls and ultra-high definition (UHD) video It will improve your experience. Growing demand for high-speed data connections for integrated Internet of Things (IoT) applications, such as smart home energy management, is expected to drive adoption of these services over the forecast period.
A full report of 5G Services Market available at: https://www.orionmarketreports.com/5g-applications-and-services-market/28527/
Major Players
• Nokia Corporation
• Huawei Technologies Co Ltd
• AT&T Inc.
• Verizon Communications Inc
• Sprint Corporation
5G Services Market Segments:
Based on communication types
• FWA
• eMBB
• URLLC
• MMTC
Based on end Users
• Consumers
• Enterprises
Based on Enterprises:
• Manufacturing
• Energy and Utilities
• Media and Entertainment
• Government
• Transportation and Logistics
• Healthcare
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
