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5G Services Market Size Worth $664.75 Billion By 2028 | CAGR: 46.2%: Grand View Research, Inc.


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SAN FRANCISCO, April 20, 2021 /PRNewswire/ The global 5G services market size is estimated
to reach USD 664.75 billion, registering a CAGR of 46.2% from 2021 to 2028, according to a new study by Grand View Research, Inc. The rapidly rising demand for ultra-reliable and low-latency data networks capable of providing enhanced mobile connectivity is estimated to boost the market growth over the forecast period. The potential adoption of 5G services for remote patient monitoring and remote surgery applications is also anticipated to propel the market growth from 2021 to 2028.
Key suggestions from the report:
In North America, the U.S. is anticipated to reach nearly USD 148 billion by 2028 owing to the rising demand for higher data speeds for several end-use applications including M2M communications, energy & utility management, and smart mobility management ....

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