North America 5g Services Market Size & Outlook, 2024-2030

The 5g services market in North America is expected to reach a projected revenue of US$ 433,751.6 million by 2030. A compound annual growth rate of 52% is expected of North America 5g services market from 2025 to 2030.
Revenue, 2024 (US$M)
$34,460.5
Forecast, 2030 (US$M)
$433,751.6
CAGR, 2025 - 2030
52%
Report Coverage
North America

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

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

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North America 5g services market highlights

  • The North America 5g services market generated a revenue of USD 34,460.5 million in 2024.
  • The market is expected to grow at a CAGR of 52% 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, Canada is expected to register the highest CAGR from 2025 to 2030.


North America data book summary

Market revenue in 2024USD 34,460.5 million
Market revenue in 2030USD 433,751.6 million
Growth rate52% (CAGR from 2025 to 2030)
Largest segmentEmbb
Fastest growing segmentMMTC
Historical data covered2020 - 2023
Base year for estimation2024
Forecast period covered2025 - 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, North America region accounted for 27.5% 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 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

North America 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 58.46% in 2024. Horizon Databook has segmented the North America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America 5g services market , including forecasts for subscribers. This continent databook contains high-level insights into North America 5g services market from 2020 to 2030, including revenue numbers, major trends, and company profiles.

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North America 5g services market size, by country, 2020-2030 (US$M)

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

North America 5g services market size, by country, 2020-2030 (US$M)

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