5G 서비스 : 시장 점유율 분석, 산업 동향 및 통계, 성장 예측(2025-2030년)

The 5G Services Market is expected to register a CAGR of 25.3% during the forecast period.

Key Highlights

• The market for 5G services is expected to revolutionize the domain of various broadband services and empower connectivity across different end-user verticals. The main drivers responsible for increasing the market share are an increase in mobile subscriptions, online streaming of video content, strengthening 5G infrastructure, and various IoT applications utilizing 5G.
• IoT in industrial automation is expected to derive maximum benefit from 5G services. The functionality to support this segment is currently being defined in 3GPP, influenced by Industry 4.0 initiatives and industry bodies, such as 5G-ACIA. It will likely be a 5G-specific segment, valid for local area use cases and private network deployments.
• The use of more effective cloud solutions that rely on low latency improves firm efficiency and innovation through increased download speeds of broadband services, which also, in turn, leads the carriers and original equipment manufacturers (OEMs), such as cellular device manufacturers and in-building distributed antenna systems (DAS) providers to follow the 5G New Radio (5G NR) rules to enable such offerings.
• The capital costs of installing the required 5G infrastructure and software upgrades are considerably high, considering the high density of BTS units needed to provide uninterrupted 5G services.
• Moreover, with extensive reliance on virtual space increasing during the COVID-19 pandemic, the need to deploy advanced 5G infrastructure has become paramount. Increased migration frequency of business operations to the cloud and other virtual spaces has prompted investments in robust connectivity platforms.

5G Services Market Trends

Increasing Data Traffic and Demand for High Speed Data Connectivity will Drive the Market Growth

• 5G standards are likely to support ultra-HD voice and video to produce new applications that rely on voice communication, for instance, telepresence. The 5G's device density, low latency, security, and video capabilities may support added value communications offerings, like Rich Communication Services, especially for enterprises.
• North America has the highest levels of mobile broadband and smartphone adoption globally. The operators in North America have begun to shut down 2G and 3G networks to reframe the spectrum. This trend is expected to continue as regional operators switch to 5G networks using a mix of low, medium, and high-band spectrums.
• Countries such as Sweden and the United Arab Emirates strive to offer superior performance by strengthening user experience through continuous network evolution. As more advanced services and devices emerge, the operators may need to raise their targeted service quality levels even higher.
• Moreover, with increased dependence on streaming services, 4G networks supported majorly, streaming with AR/VR, 4k/8k video, and 360-degree videos, the 5G video content is expected to be immersive and consume a higher proportion of the overall data traffic.
• The 5G subscription traffic growth is driven by both the rising number of smartphone subscriptions and a need for increasing average data volume per subscription due to video content viewing.

North America is Expected to Hold the Largest Share

• 5G-enabled IoT connections are expected to witness a further increase in demand in the United States. As per the IoT Association, the United States leads, in terms of smart home adoption, with the highest smart home device ratio per household and the greatest consumer propensity to own devices across two or three use cases (security, energy, and appliances).
• Additionally, the country expects billions of devices to be connected to the internet, devices, and sensors of the Internet of Things. With the onset of 5G networks, the extensive bandwidth and faster internet speeds can be utilized by Google and Facebook; for instance, to develop more advanced services shortly.
• Apart from the launch of 5G services, the United States also needs to focus on software development. Repurposing the country's mid-band spectrums currently being used by the military or weather radars may make networks more efficient.
• Moreover, the country is promoting technologies, such as automated and connected driving, to enhance road safety, reduce road congestion, and decrease air pollution. Such initiatives to gain experience in actual driving scenarios are also supported by the Federal Ministry of Transport and Digital Infrastructure.

5G Services Industry Overview

The competitive rivalry among the 5G services industry players is high because of the presence of several significant players, including AT&T, Verizon, Nokia, and others. They could outperform rivals if they could consistently innovate their product offers. These businesses have established a substantial presence in the market through mergers and acquisitions, strategic alliances, and research and development.

In May 2022, Nokia Corporation announced its 5G-Advanced to widen the area that 5G uplink signals can reach. While 5G-Advanced will improve uplink coverage first with the initial connection setup by leveraging more excellent random access channel coverage, it will support new types of devices with low data-rate requirements and introduce 5G capabilities to new vertical sectors and markets. The uplink data rate will then be optimized within the allocated connection budget by 5G-Advanced dynamically altering the uplink waveform. When the user is close to the cell edge, the network will dynamically favor coverage-enhancing waveforms, and as the user travels into the cell center, it will deprioritize them.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

• 4.1 Market Overview
• 4.2 Industry Attractiveness - Porter's Five Forces Analysis
  • 4.2.1 Threat of New Entrants
  • 4.2.2 Bargaining Power of Buyers
  • 4.2.3 Bargaining Power of Suppliers
  • 4.2.4 Threat of Substitutes
  • 4.2.5 Intensity of Competitive Rivalry
• 4.3 Technology Snapshot
  • 4.3.1 By Type
    • 4.3.1.1 Enhanced Mobile Broadband (EMBB)
    • 4.3.1.2 Ultra-reliable Low Latency Communications (URLLC)
    • 4.3.1.3 Massive Machine Communications (MMTC)

5 MARKET DYNAMICS

• 5.1 Market Drivers
  • 5.1.1 Increasing Demand for Ultra-Low Latency Connectivity
  • 5.1.2 Increasing Data Traffic and Demand for High Speed Data Connectivity
• 5.2 Market Restraints
  • 5.2.1 High Deployment Cost
• 5.3 Assessment of Impact of COVID-19 on the Industry

6 MARKET SEGMENTATION

• 6.1 End-user Industry
  • 6.1.1 IT & Telecom
  • 6.1.2 Media & Entertainment
  • 6.1.3 Automotive
  • 6.1.4 Energy & Utility
  • 6.1.5 Aerospace & Defense
  • 6.1.6 Other End-user Industries
• 6.2 Geography
  • 6.2.1 North America
    • 6.2.1.1 United States
    • 6.2.1.2 Canada
  • 6.2.2 Europe
    • 6.2.2.1 Germany
    • 6.2.2.2 United Kingdom
    • 6.2.2.3 France
    • 6.2.2.4 Italy
    • 6.2.2.5 Rest of Europe
  • 6.2.3 Asia-Pacific
    • 6.2.3.1 China
    • 6.2.3.2 Japan
    • 6.2.3.3 India
    • 6.2.3.4 South Korea
    • 6.2.3.5 Rest of Asia-Pacific
  • 6.2.4 Rest of the World

7 COMPETITIVE LANDSCAPE

• 7.1 Company Profiles
  • 7.1.1 Nokia Corporation
  • 7.1.2 Huawei Technologies Co Ltd.
  • 7.1.3 AT&T Inc
  • 7.1.4 Verizon Communications Inc
  • 7.1.5 HP Enterprise Development LP
  • 7.1.6 T-Mobile USA, Inc.
  • 7.1.7 Deutsche Telekom AG
  • 7.1.8 Telefonaktiebolaget LM Ericsson
  • 7.1.9 Swisscom AG
  • 7.1.10 Vodafone Group
  • 7.1.11 BT Group
  • 7.1.12 Telstra Corporation Limited

8 INVESTMENT ANALYSIS

9 MARKET OPPORTUNTIES AND FUTURE TRENDS