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This report provides an overview of the global 5G services market, which is expected to grow from $95 billion in 2022 to $781.72 billion in 2027 at a compound annual growth rate (CAGR) of 51.1%. Major players in the 5G services market are AT&T, Verizon Communications, Inc., China Mobile, Vodafone, Telstra, China Telecom, Deutsche Telecom, SK Telecom, Saudi Telecom Company, and T-Mobile USA Inc. 5G services deliver high levels of efficiency and performance that empower to connect new industries and user experiences, and are more beneficial for companies operating into robotics, automation, and IoT. Asia Pacific was the largest region in the 5G services market in 2022, followed by North America.
