According to the latest report by IMARC Group, titled “5G Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global 5G services market exhibited robust growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 45% during 2021-2026.
5G services help in connecting people, machines, objects, and devices virtually. They also assist in providing a next-generation user experience, delivering new services, and empowering new deployment models. Besides this, they offer increased speed, reduced latency, improved flexibility and reliability and a consistent user experience.