CHICAGO, Dec. 1, 2022 /PRNewswire/ -- The global 5G Services Market size is expected to grow from USD 107.0 billion in 2022 to USD 331.1 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 25.3% during the forecast period, according to report by MarketsandMarkets. Due to high availability of 5G compatible devices and high investments of governments in 5G services, the 5G ecosystem is expected to witness a faster growth rate than other connectivity transformations. Other factors such as high number of applications being developed requiring low latency in connection have resulted in high adoption of 5G services in developing economies. Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=226908556Asia Pacific (APAC) region to record the highest growing region in the 5G services marketThe countries in APAC have high investments done by the governments in 5G services. The presence of developed technological infrastructure is also one of the key reasons for the adoption of 5G services across all industry verticals.
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