How big is the Mobile Services Market | Size, Share & Growth Insights 2025

Code: MTA7568 Publication Date: Aug 2025

How big is the Mobile Services market?

According to 6Wresearch internal database and industry insights, the Mobile Services Market was valued at approximately USD 1,020 billion in 2024 and is projected to reach USD 1,430 billion by 2031, growing at a compound annual growth rate (CAGR) of 4.9% during the forecast period (2025-2031).

The market growth is largely due to the increasing need for fast connectivity, the quick rollout of 5G, and the increasing use of smartphones. The growth trajectory is also being supported by rising mobile data consumption and enterprise-wide digital transformation.

Growth Factors for Mobile Services Market

  • Increasing demand in both urban and rural areas for seamless, fast mobile internet.
  • The quick deployment of 5G infrastructure enhances network dependability and performance.
  • In emerging economies, smartphone adoption and affordability are rising.
  • expansion of mobile applications for healthcare, education, banking, and shopping.
  • Growing number of mobile users as a result of low-cost plans and digital inclusion initiatives.

Mobile Services Market Trends

Mobile Services Market is witnessing robust growth driven by advancements in mobile broadband technologies and increased adoption of 5G services worldwide. The carriers are focusing on increasing coverage, cutting down on latency, and providing cutting-edge digital services like VoIP, AR/VR apps, and mobile cloud. Subscription-based services and bundled data plans are becoming more and more popular as consumers search for worthwhile and reasonably priced mobile experiences. Network virtualization and open RAN are also emerging as significant operational trends.

Emerging Developments in the Mobile Services Market

The quick adoption of eSIM technology, which makes it simpler to switch between service providers without a physical SIM, is one of the emerging developments in the Mobile Services Market. Telecom operators are investing in private mobile networks to enable enterprise-grade connectivity for Industry 4.0 use cases. More collaborations with OTT platforms are also generating new revenue streams. Green telecom initiatives and sustainability efforts are now part of long-term operator strategies.

List of Leading Companies in the Mobile Services Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Verizon Communications Inc.

Company NameVerizon Communications Inc.
Established Year2000
HeadquartersNew York, USA
Official WebsiteClick Here

Verizon Communications Inc. is a leading provider of wireless communications and 5G services in North America.

2. AT&T Inc.

Company NameAT&T Inc.
Established Year1983
HeadquartersDallas, USA
Official WebsiteClick Here

AT&T Inc. offers mobile services, broadband, and enterprise connectivity solutions.

3. T-Mobile US, Inc.

Company NameT-Mobile US, Inc.
Established Year1994
HeadquartersBellevue, USA
Official WebsiteClick Here

T-Mobile US, Inc. is known for its disruptive pricing models and rapid 5G rollout across the U.S.

4. Vodafone Group Plc

Company NameVodafone Group Plc
Established Year1984
HeadquartersLondon, UK
Official WebsiteClick Here

Vodafone Group Plc operates in multiple worldwide markets with a strong focus on digital transformation.

5. Deutsche Telekom AG

Company NameDeutsche Telekom AG
Established Year1995
HeadquartersBonn, Germany
Official WebsiteClick Here

Deutsche Telekom AG is one of Europe’s largest telecom companies offering mobile, broadband, and cloud services.

6. Orange S.A.

Company NameOrange S.A.
Established Year1994
HeadquartersParis, France
Official WebsiteClick Here

Orange S.A. provides mobile, internet, and enterprise solutions across Europe and Africa.

7. Telefonica S.A.

Company NameTelefonica S.A.
Established Year1924
HeadquartersMadrid, Spain
Official WebsiteClick Here

Telefonica S.A. serves mobile and broadband services in Spain, Latin America, and Europe.

8. KT Corporation

Company NameKT Corporation
Established Year1981
HeadquartersSeongnam, South Korea
Official WebsiteClick Here

KT Corporation is a pioneer in 5G and digital services, with a strong enterprise portfolio.

How big is the Mobile Services Market : FAQ's

The mobile services market t is projected to reach USD 1,430 billion by 2031.
The mobile services market is expected to grow at a CAGR of 4.9% during forecast period.
Digital communication platforms, telecom operators, and mobile network providers are important suppliers.
The use of mobile services is growing significantly in Southeast Asia, Western Europe, and North America.
The market environment is being shaped by 5G, eSIM, AI-powered analytics, and private mobile networks.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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