Mobile 5G Commercialization Market Demand and Service Revenue Forecast

by Sameer Joshi or 01-Sep-2018

"Mobile 5G Commercialization: Market Demand and Service Revenue Forecast", Global Outlook Report by GlobalData, offers a detailed analysis of the growth opportunities in the mobile 5G market, looking at the current state of play and examining the main growth drivers in four different regions. Subscriber adoption of the first commercial mobile 5G services on 5G-enabled handsets will start in 2019. The adoption of mobile 5G services will be supported by the increasing demand for mobile data connectivity at higher speeds, the development of the IoT industry and the emergence of low-latency services (e.g. AR/VR).

Key Findings

  • APAC, NA, Europe and MENA will see the first commercial mobile 5G service launches on 5G handsets in 2019.
  • Latin America (LATAM) will see commercial mobile 5G services arrive in 2021.
  • By year-end 2023, we project the number of mobile 5G subscriptions globally will reach 806.9 million, 8.1% of the total mobile subscriptions worldwide.
  • NA will be the region where 5G technology makes its biggest contribution to the region’s mobile service revenue, while APAC and Europe will rank second and third, respectively.

Report components include -

  • Global Overview: this section provides a general analysis of mobile 5G adoption and revenue trends globally in 2018-2023, looking at the main growth drivers for the period.
  • Regional trends: four regional profiles are presented - North America, Europe, Latin America and the Middle East & Africa - analysing the 2018-2023 mobile 5G adoption forecasts, growth drivers and revenue opportunity. 
  • Key takeaways: a summary of the key findings of the report.