India 5g Services Market Size & Outlook, 2024-2030

The 5g services market in India is expected to reach a projected revenue of US$ 61,219.8 million by 2030. A compound annual growth rate of 99.1% is expected of India 5g services market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,029.8
Forecast, 2030 (US$M)
$61,219.8
CAGR, 2025 - 2030
99.1%
Report Coverage
India

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India 5g services market, 2020-2030 (US$M)

India 5g services market, 2020-2030 (US$M)

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India 5g services market highlights

  • The India 5g services market generated a revenue of USD 1,029.8 million in 2024 and is expected to reach USD 61,219.8 million by 2030.
  • The India market is expected to grow at a CAGR of 99.1% 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.


5g services market data book summary

Market revenue in 2024USD 1,029.8 million
Market revenue in 2030USD 61,219.8 million
Growth rate99.1% (CAGR from 2025 to 2030)
Largest segmentEmbb
Fastest growing segmentMMTC
Historical data2020 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFWA, EMBB, URLLC, MMTC
Key market players worldwideAT&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, India accounted for 0.8% of the global 5g services market in 2024.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China 5g services market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 61,219.8 million by 2030.

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5G Services Market Companies

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India 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 99.25% in 2024. Horizon Databook has segmented the India 5g services market based on fwa, embb, urllc, mmtc covering the revenue growth of each sub-segment from 2020 to 2030.


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  • Our clientele includes a mix of 5g services market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of country-level data and insights on the India 5g services market , including forecasts for subscribers. This country databook contains high-level insights into India 5g services market from 2020 to 2030, including revenue numbers, major trends, and company profiles.

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India Communication - 5g Services Market size, 2024 - 2030 (US$M)

India 5G Services Market Outlook Share, 2024 & 2030 (US$M)

India Communication - 5g Services Market size, 2024 - 2030 (US$M)

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