Europe 5g Services Market Size & Outlook, 2024-2030
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Europe 5g services market highlights
- The Europe 5g services market generated a revenue of USD 36,512.8 million in 2024.
- The market is expected to grow at a CAGR of 56.9% from 2025 to 2030.
- In terms of segment, embb was the largest revenue generating communication in 2024.
- MMTC is the most lucrative communication segment registering the fastest growth during the forecast period.
- Country-wise, Russia is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 36,512.8 million |
| Market revenue in 2030 | USD 527,347.0 million |
| Growth rate | 56.9% (CAGR from 2025 to 2030) |
| Largest segment | Embb |
| Fastest growing segment | MMTC |
| Historical data covered | 2020 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | FWA, EMBB, URLLC, MMTC |
| Key market players worldwide | AT&T, Inc., China Mobile, China Telecom, Bharti Airtel Services, KT Corp, Saudi Telecom Company, Vodafone Group PLC, Deutsche Telekom AG, SK Telecom Co Ltd ADR, Verizon Communications Inc, NTT DoCoMo, T-Mobile US Inc, Rakuten Mobile |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.1% of the global 5g services market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,223,169.5 million by 2030.
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5G Services Market Scope
5G Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| NTT DoCoMo | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | https://www.nttdocomo.co.jp/ |
| Rakuten Mobile | View profile | 1001-5000 | Setagaya, Tokyo, Japan, Asia | https://corp.mobile.rakuten.co.jp/ |
| Saudi Telecom Company | View profile | 10001+ | Riyadh, Ar Riyad, Saudi Arabia, Asia | http://www.stc.com.sa |
| AT&T, Inc. | View profile | - | - | - |
| KT Corp | View profile | 10001+ | Seongnam, Kyonggi-do, South Korea, Asia | https://www.kt.com |
| China Telecom | View profile | 10001+ | Beijing, Beijing, China, Asia | https://www.chinatelecomglobal.com/ |
| SK Telecom Co Ltd ADR | View profile | 26195 | SK T-Tower, 65, Eulji-ro, Jung-gu, Seoul, Korea, Republic of, 04539 | https://www.sktelecom.com |
| China Mobile | View profile | 10001+ | Hong Kong, Hong Kong Island, Hong Kong, Asia | http://www.chinamobileltd.com |
| Bharti Airtel Services | View profile | - | New Delhi, Delhi, India, Asia | - |
| T-Mobile US Inc | View profile | 67000 | 12920 SE 38th Street, Bellevue, WA, United States, 98006-1350 | https://www.t-mobile.com |
| Vodafone Group PLC | View profile | 85225 | Vodafone House, The Connection, Newbury, Berkshire, United Kingdom, RG14 2FN | https://www.vodafone.com |
| Deutsche Telekom AG | View profile | 201251 | Friedrich-Ebert-Allee 140, Bonn, Germany, 53113 | https://www.telekom.com |
| Verizon Communications Inc | View profile | 105400 | 1095 Avenue of the Americas, New York, NY, United States, 10036 | https://www.verizon.com |
Europe 5g services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 5g services market will help companies and investors design strategic landscapes.
Embb was the largest segment with a revenue share of 62.27% in 2024. Horizon Databook has segmented the Europe 5g services market based on fwa, embb, urllc, mmtc covering the revenue growth of each sub-segment from 2020 to 2030.
Reasons to subscribe to Europe 5g services market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Europe 5g services market databook
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Our clientele includes a mix of 5g services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe 5g services market , including forecasts for subscribers. This continent databook contains high-level insights into Europe 5g services market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe 5g services market size, by country, 2020-2030 (US$M)
Europe 5G Services Market Outlook Share, 2024 & 2030 (US$M)
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