In the changed post COVID-19 business landscape, the global market for 5G estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$230.2 Billion by 2027, growing at a CAGR of 106.7% over the analysis period 2020-2027.
The U.S. Market is Estimated at $393.3 Million, While China is Forecast to Grow at 101.3% CAGR
The 5G market in the U.S. is estimated at US$393.3 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$35.1 Billion by the year 2027 trailing a CAGR of 101.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 96.9% and 92.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 73.8% CAGR.
Select Competitors (Total 36 Featured) -
America Movil
China Mobile Ltd.
China Telecommunications Corporation
Deutsche Telekom AG
Ericsson AB
Huawei Technologies Co., Ltd.
Nippon Telegraph and Telephone Corporation (NTT)
Nokia Corporation
Samsung Electronics Co., Ltd.
Telefonica SA
What's New for 2022?
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
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