Global Telecom Services Market Size & Outlook, 2026-2030
Global telecom services market, 2018-2030 (US$M)
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Global telecom services market highlights
- The global telecom services market generated a revenue of USD 2,095,716.3 million in 2025 and is expected to reach USD 2,874,755.8 million by 2030.
- The market is expected to grow at a CAGR (2026 - 2030) of 6.6% by 2030.
- In terms of segment, mobile data services accounted for a revenue of USD 776,789.3 million in 2025.
- Mobile Data Services is the most lucrative service type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2025.
- Country-wise, India is expected to register the highest CAGR from 2026 to 2030.
Global data book summary
| Market revenue in 2025 | USD 2,095,716.3 million |
| Market revenue in 2030 | USD 2,874,755.8 million |
| Growth rate | 6.6% (CAGR from 2026 to 2030) |
| Largest segment | Mobile data services |
| Fastest growing segment | Mobile Data Services |
| Historical data covered | 2018 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed Voice Services, Fixed Internet Access Services, Mobile Voice Services, Mobile Data Services, Pay TV Services, Machine-to-Machine (Mobile IoT) Services |
Other key industry trends
- In terms of revenue, the North America accounted for 29.2% of the global telecom services market in 2025.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 217,629.9 million by 2030.
Mobile data services was the largest segment with a revenue share of 37.07% in 2025. Horizon Databook has segmented the Global telecom services market based on fixed voice services, fixed internet access services, mobile voice services, mobile data services, pay tv services, machine-to-machine (mobile iot) services covering the revenue growth of each sub-segment from 2018 to 2030.
Digitalization has proven to be a key enabler for the growth of telecom services across the globe. With the growing technological advancements and developments in the telecommunications network, industries are witnessing a drastic shift in their mode of operations and service delivery.
These developments are significantly improving the lives of end-users at large. Furthermore, industry players are making investments in technology and interoperability, which has reinforced a large shift in the capital and information flow in the worldwide economy.
Access to a universally connected network has significantly empowered people across the globe by providing them with access to marketplaces and real-time information. According to statistics provided by airplane Inc., a work automation platform provider, 54% of firms used eSignature solutions, and 38% used video/virtual conferencing.
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Telecom Services Market Scope
Telecom Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| China Mobile | View profile | 10001+ | Hong Kong, Hong Kong Island, Hong Kong, Asia | http://www.chinamobileltd.com |
| BT Group PLC | View profile | 97100 | 1 Braham Street, London, United Kingdom, E1 8EE | https://www.bt.com |
| KDDI Corp | View profile | 86331 | Garden Air Tower, 10-10, Iidabashi 3-chome, Chiyoda-ku, Tokyo, Japan, 102-8460 | http://www.kddi.com |
| KT Corp ADR | View profile | 19737 | 90 Bulljeong-ro (206 Jungja-dong), Bundang-gu, Gyeonggi-do, Seongnam-si, Korea, Republic of, 13606 | https://corp.kt.com |
| SoftBank Group Corp | View profile | 86023 | 1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, Japan, 105-7303 | https://www.group.softbank |
| Nippon Telegraph & Telephone Corp | View profile | 381653 | 5-1, Otemachi 1-Chome, Otemachi First Square, East Tower, Chiyoda-Ku, Tokyo, Japan, 100-8116 | http://www.ntt.co.jp |
| Comcast Corp Class A | View profile | 186000 | One Comcast Center, Philadelphia, PA, United States, 19103-2838 | https://www.comcastcorporation.com |
| Telefonica SA | View profile | 104142 | Ronda de la Comunicacion, s/n, Central Building Auditorium, Floor 3, Telefonica District, Madrid, Spain, 28050 | https://www.telefonica.com |
| AT&T | View profile | 10001+ | Dallas, Texas, United States, North America | https://www.att.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 |
| Reliance Inc | View profile | 15500 | 16100 N. 71st Street, Suite 400, Scottsdale, AZ, United States, 85254 | https://www.reliance.com |
| Orange SA | View profile | 129500 | 111 Quai du President Roosevelt, Issy-les-Moulineaux, Paris, France, 92130 | https://www.orange.com/en |
Global telecom services market size, by regions, 2018-2030 (US$M)
Top 10 countries: Telecom services market size, 2025 (US$M)
Global telecom services market share, by service type, 2025 & 2030 (%, US$M)
Telecom services market: Opportunity assessment by country
Global telecom services market, by region, 2025 (US$M)
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