Connectivity Services Market Report 2026

The connectivity services market size has grown rapidly in recent years. It will grow from $3.88 billion in 2025 to $4.61 billion in 2026 at a compound annual growth rate (CAGR) of 18.9%. The growth in the historic period can be attributed to rapid iot device proliferation, expansion of mobile broadband networks, enterprise digital transformation initiatives, increasing cloud adoption in enterprises, growth in machine-to-machine communication.

The connectivity services market size is expected to see rapid growth in the next few years. It will grow to $9.3 billion by 2030 at a compound annual growth rate (CAGR) of 19.2%. The growth in the forecast period can be attributed to rollout of 5g and private networks, rising demand for real-time data connectivity, expansion of industrial iot ecosystems, growth of edge computing integration, increasing adoption of managed connectivity services. Major trends in the forecast period include 5G and advanced network connectivity expansion, edge computing enabled iot connectivity orchestration, private network and industrial network deployment, connectivity-as-a-service adoption in enterprises, lpwan and low power iot network scaling.

The ongoing expansion of fifth-generation (5G) network infrastructure is projected to drive growth in the connectivity services market. 5G infrastructure represents an advanced telecommunications framework that offers faster data speeds, reduced latency, and the ability to connect a large number of devices simultaneously. Its expansion is being driven by increasing demand for high-speed connectivity as digital applications and connected devices continue to grow. Enhanced 5G capabilities improve connectivity services by enabling faster, more reliable, and responsive performance for applications such as video conferencing, cloud computing, and IoT systems. For example, in November 2025, the International Telecommunication Union, a Switzerland-based UN agency, reported that global 5G population coverage increased from 51% in 2024 to 55% in 2025. Consequently, the expansion of 5G networks is supporting the growth of the connectivity services market.

Major players in the connectivity services market are focusing on delivering innovative offerings such as AI-native Network-as-a-Service (NaaS) platforms to automate network administration and optimization processes. An AI-native NaaS platform is a cloud-based networking approach that leverages embedded artificial intelligence to dynamically manage, optimize, and scale network resources in response to real-time conditions and demand fluctuations. For example, in January 2025, NWN Corporation introduced Intelligent Connectivity, an advanced AI-native NaaS solution that redefines how organizations design, manage, and scale modern network infrastructures. Built on HPE Mist technology and integrated with NWN’s proprietary Experience Management Platform, this solution delivers comprehensive visibility, predictive insights, and automated operations across the entire networking ecosystem. Unveiled at the HPE Networking global sales leadership event, it supports a shift from reactive, hardware-centric management to a more intelligent, service-oriented model, with a key focus on aligning network performance continuously with evolving business requirements.

In June 2025, NETGEAR Inc. acquired Exium, though the financial details were not disclosed. NETGEAR plans to integrate Exium’s technology into its Insight cloud management platform, creating a unified solution that combines networking, firewall protection, and security features. This integration is designed to address emerging security challenges in an increasingly AI-driven environment. Exium is a U.S.-based provider of connectivity services.

Major companies operating in the connectivity services market are Verizon Communications Inc., AT&T Inc., Comcast Corporation, Deutsche Telekom AG, Huawei Technologies Co. Ltd., Dell Technologies Inc., Orange S.A., Vodafone Group Plc, América Móvil S.A.B. de C.V., Hewlett Packard Enterprise Company, BT Group plc, Telefonaktiebolaget LM Ericsson, Nokia Corporation, KT Corporation, Bharti Airtel Limited, Telstra Corporation Limited, Reliance Jio Infocomm Limited, MTN Group Limited, GTT Communications Inc., 1NCE GmbH, Celona Inc., EMnify GmbH, floLIVE Ltd., Arelion AB, Druid Software Limited.

North America was the largest region in the connectivity services market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the connectivity services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the connectivity services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The connectivity services market includes revenues earned by entities by providing services such as IoT network provisioning, connectivity‑as‑a‑service (CaaS), managed connectivity operations, data routing, network integration and deployment services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.