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United States (US) Wireless Telecommunication Services Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 51 Pages
  • May 2023
  • Region: United States
  • MarketLine
  • ID: 5835126
Description Jump to:
Wireless Telecommunication Services in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The wireless telecommunications services market is defined here as including cellular (mobile) phones, pagers, and any other wireless or cellular telecommunication service.
  • The US wireless telecommunication services market had total revenues of $200.3 billion in 2022, representing a compound annual growth rate (CAGR) of 1.1% between 2017 and 2022.
  • Market volume increased with a CAGR of 5.4% between 2017 and 2022, to reach a total of 563.6 million subscribers in 2022.
  • The growth of the US wireless telecommunication services market can also be attributed to the increase in mobile penetration in the country. For instance, according to in-house research, mobile penetration in the US stood at 108.6 per 100 people in 2022.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the wireless telecommunication services market in the United States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the wireless telecommunication services market in the United States
  • Leading company profiles reveal details of key wireless telecommunication services market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United States wireless telecommunication services market with five year forecasts

Reasons to Buy

  • What was the size of the United States wireless telecommunication services market by value in 2022?
  • What will be the size of the United States wireless telecommunication services market in 2027?
  • What factors are affecting the strength of competition in the United States wireless telecommunication services market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the United States' wireless telecommunication services market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What are the strengths of the leading players?
7.5. What has been the rationale behind recent M&A activity?
8 Company Profiles
8.1. AT&T Inc
8.2. Verizon Communications Inc.
8.3. United States Cellular Corp
8.4. T-Mobile US, Inc.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher
List of Tables
Table 1: United States wireless telecommunication services market value: $ billion, 2017-22
Table 2: United States wireless telecommunication services market volume: million numbers of subscribers, 2017-22
Table 3: United States wireless telecommunication services market category segmentation: % share, by value, 2017-2022
Table 4: United States wireless telecommunication services market category segmentation: $ billion, 2017-2022
Table 5: United States wireless telecommunication services market geography segmentation: $ billion, 2022
Table 6: United States wireless telecommunication services market value forecast: $ billion, 2022-27
Table 7: United States wireless telecommunication services market volume forecast: million numbers of subscribers, 2022-27
Table 8: United States wireless telecommunication services market share: % share, by volume, 2022
Table 9: AT&T Inc: key facts
Table 10: AT&T Inc: Annual Financial Ratios
Table 11: AT&T Inc: Key Employees
Table 12: Verizon Communications Inc.: key facts
Table 13: Verizon Communications Inc.: Annual Financial Ratios
Table 14: Verizon Communications Inc.: Key Employees
Table 15: Verizon Communications Inc.: Key Employees Continued
Table 16: United States Cellular Corp: key facts
Table 17: United States Cellular Corp: Annual Financial Ratios
Table 18: United States Cellular Corp: Key Employees
Table 19: United States Cellular Corp: Key Employees Continued
Table 20: T-Mobile US, Inc.: key facts
Table 21: T-Mobile US, Inc.: Annual Financial Ratios
Table 22: T-Mobile US, Inc.: Key Employees
Table 23: T-Mobile US, Inc.: Key Employees Continued
Table 24: United States size of population (million), 2018-22
Table 25: United States gdp (constant 2005 prices, $ billion), 2018-22
Table 26: United States gdp (current prices, $ billion), 2018-22
Table 27: United States inflation, 2018-22
Table 28: United States consumer price index (absolute), 2018-22
Table 29: United States exchange rate, 2018-22
List of Figures
Figure 1: United States wireless telecommunication services market value: $ billion, 2017-22
Figure 2: United States wireless telecommunication services market volume: million numbers of subscribers, 2017-22
Figure 3: United States wireless telecommunication services market category segmentation: $ billion, 2017-2022
Figure 4: United States wireless telecommunication services market geography segmentation: % share, by value, 2022
Figure 5: United States wireless telecommunication services market value forecast: $ billion, 2022-27
Figure 6: United States wireless telecommunication services market volume forecast: million numbers of subscribers, 2022-27
Figure 7: Forces driving competition in the wireless telecommunication services market in the United States, 2022
Figure 8: Drivers of buyer power in the wireless telecommunication services market in the United States, 2022
Figure 9: Drivers of supplier power in the wireless telecommunication services market in the United States, 2022
Figure 10: Drivers of degree of rivalry in the wireless telecommunication services market in the United States, 2022
Figure 11: United States wireless telecommunication services market share: % share, by volume, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AT&T Inc
  • Verizon Communications Inc.
  • United States Cellular Corp
  • T-Mobile US, Inc.

Table Information

Report AttributeDetails
No. of Pages51
PublishedMay 2023
Forecast Period2022 - 2027
Estimated Market Value ( USD ) in 2022 $ 200.25 Billion
Forecasted Market Value ( USD ) by 2027 $ 239.06 Billion
Compound Annual Growth Rate3.6%
Regions CoveredUnited States

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About the Wireless Telecommunication Service Market

The Wireless Telecommunications Service market is a broad sector of the telecommunications industry that provides wireless communication services. This includes mobile phone services, wireless internet access, and other wireless data services. It also includes the infrastructure and equipment used to provide these services, such as base stations, antennas, and other network components. The Wireless Telecommunications Service market is highly competitive, with many providers offering a variety of services and plans. Consumers have a wide range of options when it comes to choosing a provider, including prepaid and postpaid plans, as well as different levels of data and voice services. The Wireless Telecommunications Service market is constantly evolving, with new technologies and services being developed and introduced. This includes the development of 5G networks, which promise to provide faster speeds and more reliable connections. Some of the major players in the Wireless Telecommunications Service market include AT&T, Verizon, T-Mobile, Sprint, and Vodafone. These companies provide a variety of services, including mobile phone services, wireless internet access, and other wireless data services. Show Less Read more

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