The telecommunications firm Verizon is the leading provider of mobile services in the United States, with a market share of nearly ** percent of wireless subscriptions as of the last quarter of 2024. T-Mobile and AT&T are the other major wireless carriers in the U.S. market.  The market share is based on subscription figures reported by the companies in quarterly earnings and financial statements. Mobile virtual network operator (MVNO) subscriptions were not considered for the statistic. Seismic shift: T-Mobile and Sprint Merger T-Mobile’s **** billion U.S. dollar acquisition of Sprint Corp. became official on 1st April 2020, a merger that temporarily reduced the number of major wireless providers in the United States. Under the terms of the merger, T-Mobile acquired Sprint’s ***** million postpaid subscribers, joining the 47 million T-Mobile postpaid wireless subscribers. DISH Network Corporation acquired Sprint’s prepaid mobile business, Boost Mobile, raising that number to ****, satisfying the United States Department of Justice (DOJ) that the market would remain competitive.  T-Mobile is the largest U.S. telco by market cap As of 2024, T-Mobile had a market capitalization of over *** billion U.S. dollars, the highest of any U.S. telecommunications company. Beijing-based China Mobile and U.S. giant Verizon trailed, with a market cap of *** and *** billion U.S. dollars, respectively. Comcast and AT&T were valued at *** and *** billion U.S. dollars, respectively.

Forecast: Verizon Wireless Telecom Company Market Share in the US 2024 - 2028 Discover more data with ReportLinker!

This graph displays the number of subscribers to top wireless carriers in the United States from the first quarter of 2013 to the second quarter of 2020. In the second quarter of 2020, Verizon Wireless led the list with ***** million subscribers, followed by AT&T that recorded more than ****** million subscribers that same quarter. Wireless subscribers by carriers - additional information Verizon Wireless and AT&T are the leading wireless carriers in the United States, with each accounting for about one third of the market of wireless subscriptions. Since 2011, Verizon has had the highest wireless revenue among U.S. telecommunication providers. In 2015, Verizon reported almost ** billion U.S. dollars in wireless revenue in the United States, almost ** billion U.S. dollars more than AT&T in the same year. Those two companies have the some of the lowest monthly churn rates in the U.S. market – the average percentage of subscribers that cease to use the company’s services per month. The churn rate is a parameter to measure the loyalty of a company’s subscriber base; the lower the churn rate, the better the outlook for the company. Both companies are also major players in the billion-dollar global telecommunication services industry. In 2016, AT&T’s operating revenue worldwide amounted to about *** billion U.S. dollars, with Verizon also generating revenues in excess of *** billion U.S. dollars.

Mobile Wireless Providers Market Share in the US, 2016 Discover more data with ReportLinker!

In the second quarter of 2024, Verizon Communications’ consolidated revenue amounted to approximately 32.8 billion U.S. dollars. Since 2013, Verizon's operating revenue has consistently exceeded 120 billion U.S. dollars. Verizon’s place in the market Verizon is one of the largest players in the United States telecommunications market, along with AT&T and T-Mobile US. The majority of the company’s revenue is generated through its consumer services segment, which generated over three times the revenue of the firm's business segment in 2022. Up until 2018, Verizon and AT&T were joint wireless carrier market leaders, each holding a share of 30 percent or more of subscriptions in the United States. However, since 2018, AT&T's market share has consistently exceeded that of Verizon.

[Keywords] Market include NEC Corporation, Huawei, Verizon Communications, China Mobile, T-Mobile USA

Verizon reported $175.07B in Market Capitalization this July of 2025, considering the latest stock price and the number of outstanding shares.Data for Verizon | VZ - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Verizon stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

In 2023, Verizon Wireless led the global communication hardware industry as the top technology with a market share of **** percent. Other noteworthy technologies in the communication hardware sector included Level 3 Communications, Windstream Communications, and Microsoft Windows Phone.

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The online video platform market is expected to grow at a CAGR of 16% during the forecast period. This market growth can be attributed to various factors including rise in online video consumption.

The online video platform market report offers several other valuable insights such as:

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will drive online video platform market growth during the next five years
Precise estimation of the online video platform market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the online video platform market industry across APAC, Europe, MEA, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of online video platform market vendors

The USA wireless telecommunication services industry will reach a market value of USD 4,50,213.5 million in 2025 and grow steadily at a CAGR of 7.9%, reaching USD 9,60,785.9 million by 2035.

Attributes	Values
Estimated USA Industry Size in 2025	USD 4,50,213.5 million
Projected USA Industry Size in 2035	USD 9,60,785.9 million
Value-based CAGR from 2025 to 2035	7.9%

Semi-Annual Market Update for USA Wireless Telecommunication Services Market

Particular	Value CAGR
H1, 2024	7.3%
H2, 2024	7.6%
H1, 2025	7.7%
H2, 2025	8.0%

An Analysis of USA Wireless Telecommunication Services Market by Segment

Service Type	Market Share (2025)
Data/Internet Services	40.5%
Fixed Voice Services & Messaging	22.3%
Telecom Managed Services	20.7%
Cloud Services	16.5%

Technology	Market Share (2025)
3G	15.4%
4G	54.6%
5G	30.0%

Market Concentration and Competitive Landscape

Vendors	Market Share (2025)
Verizon	27.4%
AT&T	24.1%
T-Mobile	18.7%
Comcast	8.3%
Others	21.5%

The statistic shows the mobile phone sales share by carrier/channel in the United States in the fourth quarter of 2015. In the fourth quarter of 2015, Verizon had a ** percent share of the mobile phone market in the United States.

The wireless telecommunication carrier industry has witnessed significant shifts recently, driven by evolving consumer demands and technological advancements. The popularity of smartphones and rising data consumption habits have mainly driven growth. Households have chosen to disconnect their landlines to cut costs and receive network access away from home. Industry revenue was bolstered during the current period by a surge in mobile internet demand. The revival of unlimited data and call plans prompted industry-wide adjustments to pricing and data offerings. While competition has intensified, leading to price wars and slender margins, carriers have embraced bundled offerings of value-added services, like streaming subscriptions, to distinguish themselves. Despite these efforts, revenue growth remains sluggish amid high operational costs and a saturated market. Overall, Wireless Telecommunications Carriers' revenue has modestly grown at an annualized rate of 0.1% to total $340.3 billion in 2025, when revenue will climb an estimated 6.0%, as the early shift to fifth-generation (5G) enables businesses to renegotiate the current product-price paradigm with consumers. The industry is defined by a transition from primarily providing voice services to focusing on providing data services. Technological change, namely the shift from fourth-generation (4G) wireless data services to 5G, continues to shape the industry. Companies expand scope through mergers and acquisitions, acquiring spectrum and niche customer bases. The battle for wireless spectrum intensified as 5G technology became a focal point, requiring carriers to secure valuable frequency bands through hefty investments. For instance, Verizon's $45 billion expenditure in the C-band spectrum auction highlights the critical importance of spectrum acquisition. While Federal Communications Commission (FCC) regulations have curtailed large-scale consolidations, strategic alliances and mergers have been common to share infrastructure and expand market reach. Also, unlimited data plans have shaken up cost structures and shifted consumers to new providers. Following the expansion of unlimited data and calls, profit is poised to inch downward as the cost of acquiring new customers begins to mount. Profitability is additionally hindered by supply chain disruptions, which still loom large, as equipment delays and price hikes impact rollout timeliness. Industry revenue is forecast to incline at an annualized 5.4% through 2030, totaling an estimated $443.5 billion, driven by the expansion of mobile devices using data services and increasing average revenue per user. As the rollout of 5G networks increases the speed of wireless data services, more consumers will view on-the-go internet access as an essential function of mobile phones. Moving forward, the industry landscape will be characterized by the heightened competition among carriers for wireless spectrum, an already scarce resource and efforts to connect more Americans in remote parts of the country to fast and reliable internet. Subscriber saturation presents a formidable challenge, compelling carriers to focus on existing customers and innovative service packages. Companies like AT&T and Verizon are pioneering flexible infrastructure projects, which could redefine the industry’s operational efficiency. Despite facing spectrum supply limitations, the industry is poised to benefit from seamless connectivity solutions for various sectors, potentially redefining wireless carriers’ roles in an increasingly interconnected world.

Verizon had the highest total revenue among telecommunication providers and operators in the United States in 2023 with revenues of 134 billion U.S. dollars. This is about ten billion higher than the revenue produced by runner-up, AT&T. T-Mobile US, as the third major telecom provider in the United States, has managed to more than double its annual revenue over the past five years from around 40 billion U.S. dollars in 2017 to more than over 78 billion U.S. dollars in 2023, boosted by its merger with Sprint. Main U.S. wireless providers Since at least 2008, AT&T had the highest operating revenue in the United States each year. For AT&T, Verizon, and T-Mobile US, revenue has increased significantly over the past ten years. T-Mobile's revenue specifically has quintupled since then. AT&T and Verizon were also ranked among the most valuable telecommunication brands worldwide in 2023, standing alongside companies, such as Deutsche Telekom and Xfinity. Wireless services segment Most of the wireless telecommunications revenue in the United States is generated by AT&T, Verizon, and T-Mobile US. Since 2011, AT&T has held about a third of the wireless subscription market in the United States, while Verizon claimed the top spot with around a market share of around 37 percent

The Dedicated Internet Access (DIA) market is experiencing robust growth, projected to reach a market size of $51,380 million in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 11.7% from 2019 to 2033. This significant expansion is driven by several key factors. The increasing reliance on cloud computing and the growing adoption of bandwidth-intensive applications, such as video conferencing and online collaboration tools, are fueling demand for high-speed, reliable DIA connections. Businesses of all sizes, particularly those in sectors like finance, healthcare, and technology, are prioritizing DIA for its guaranteed bandwidth and service level agreements (SLAs), ensuring consistent performance and minimal downtime. The expansion of 5G and fiber optic infrastructure further accelerates the market's growth, providing the necessary underlying network capacity for DIA services. Furthermore, the increasing demand for secure and reliable connectivity is also contributing to the market's growth. The competitive landscape is populated by major telecommunication companies like Verizon, AT&T, China Telecom, and Vodafone, along with specialized DIA providers. These companies are actively investing in network infrastructure upgrades and service innovation to retain their market share and capitalize on the burgeoning demand. While there are restraints such as the relatively high cost of DIA compared to other internet access solutions, the benefits of guaranteed bandwidth and reliability outweigh these costs for many businesses. The market is segmented by bandwidth capacity, service type, and industry vertical, presenting various growth opportunities for market players. Future growth will likely be driven by the continued digital transformation across various industries, increasing demand for high-bandwidth applications, and the continued development of advanced networking technologies.

Demand for Global Wireless Telecommunications Carriers has expanded due to greater mobile data use, supporting industry growth. More consumers are spending time online through various platforms for communication, entertainment, business and administrative tasks like online banking, and wireless telecommunication carriers have capitalized on this. The industry has also benefited from the rapid development of mobile device capability, primarily driven by smartphones' popularity and now smarter applications like virtual and augmented reality. As a result, revenue for Global Wireless Telecommunications Carriers is expected to climb at a CAGR of 0.2% to an estimated $1.9 trillion in 2025. This includes anticipated growth of 2.6% in 2025 alone as global 5G network deployments continue to pick up steam now that the most volatile pandemic periods have subsided. Telecommunications carriers have pursued two main growth strategies: expanding subscriber numbers and increasing average revenue per user (ARPU). Most new global wireless subscriptions have emanated from emerging markets, where the utility of the internet and wireless communications can be life-changing. In contrast, markets in developed economies have reached saturation, i.e. the number of mobile subscriptions has passed population levels. Carriers in developed economies have focused heavily on growing ARPU by providing more expensive mobile data services in bundles, which has boosted profit. Unlimited data and calling plans have shaken up cost structures and shifted consumers to new providers. With these plans becoming more commonplace, profit is poised to inch downward as the cost of acquiring new customers rises. Consequently, companies like China Mobile and Verizon seek acquisition opportunities to continue to expand bundle packages and network reach to remain competitive. Revenue expansion will persist moving forward, with revenue forecast to grow at a CAGR of 1.9% over the next few years to an estimated $2.0 trillion in 2030. The continued global rollout of 5G networks and exploration of 5G-Advanced (5G-A) will open new connectivity for wearables, vehicles and other smarter applications. Meanwhile, spectrum allocation shortages in developed economies will encourage consolidation to the extent possible by antitrust laws, incentivizing carriers to focus on ARPU. This spectrum shortage is also expected to promote the development of new microcells, band steering and other sophisticated network equipment. While the purchasing power of consumers in emerging markets and developing regions will remain comparatively low, even a slight boost in ARPU in these large markets can significantly inflate carrier revenue globally.

The internet service providers industry uses wired infrastructure to provide clients with internet access and related services, like web hosting, web page designing and consulting related to internet connectivity. Rising internet usage has benefited industry revenue growth, and government-subsidized network expansion has done the same, increasing the number of US broadband connections. A push toward broadband expansion in rural markets and a climb in demand from business customers has boosted industry revenue, which is poised to incline at an annualized rate of 3.5% to $168.5 billion in 2025, including growth of 4.2% in 2025 as investments and activity mount in line with an improving macroeconomic environment. As households increasingly rely on the internet for streaming, gaming, remote work, and cloud computing, ISPs are scrambling to deliver faster and more reliable service. The rising adoption of cloud computing, which involves accessing data online, has boosted demand for dedicated internet access services sold at a higher profit. With increasing demand, providers have begun launching fiber optic networks, rapidly improving connection speeds. Major enterprises that typically benefit from economies of scale also continue to bundle TV and phone, which includes Voice over Internet Protocol services and high-speed internet into one service package, adopting new technology. Consolidation has swept the industry, with blockbuster mergers—such as T-Mobile’s tie-up with Sprint and Verizon’s multi-billion-dollar acquisition push—reshaping market share and intensifying competition. At the same time, average broadband speeds have more than doubled, but ISPs have faced mounting pressure from cord-cutters, OTT competitors and fierce price wars, often leading to flat or declining revenues per user even as consumer bandwidth use reaches new heights. This competitive environment has led to plummeting profit. Looking ahead, the ISP industry shows no sign of slowing down. Over the next five years, fiber expansion and 5G fixed wireless will reach an even greater share of US households. Providers will continue investing heavily in gigabit networks, edge computing and advanced Wi-Fi to keep pace with the explosion in cloud computing, IoT devices and remote work. Retaining customers will hinge on delivering faster speeds, greater reliability, strong security and innovative value-added services, especially as open-access networks and new entrants threaten to erode traditional market advantages. Continued demand will lead to industry revenue growth, poised to climb at an annualized rate of 4.4% to $208.9 billion in 2030.

Global Market Share by Key Players (2025)

Category	Industry Share (%)
Top 3 (AT&T, Verizon, China Mobile)	55%
Rest of Top 5 (Deutsche Telekom, Vodafone)	20%
Emerging Players (Rakuten Mobile, Dish Wireless, Jio)	20%
Niche Providers (Telefónica, Orange, Telstra)	5%

Tier-Wise Company Classification (2025)

Tier	Tier 1
Vendors	AT&T, Verizon, China Mobile, Deutsche Telekom, Vodafone
Consolidated Market Share (%)	55%

Tier	Tier 3
Vendors	Rakuten Mobile, Dish Wireless, Jio
Consolidated Market Share (%)	30%

Tier	Tier 1
Vendors	Telefónica, Orange, Telstra
Consolidated Market Share (%)	15%

The global mobile infrastructure and mobile broadband market is experiencing robust growth, driven by the increasing demand for high-speed data services, the proliferation of smart devices, and the expansion of 5G networks. The market's considerable size, estimated at $X billion in 2025 (assuming a reasonable market size based on industry averages and CAGR), is projected to expand significantly over the forecast period (2025-2033), fueled by a Compound Annual Growth Rate (CAGR) of X%. This growth is further propelled by technological advancements like network densification, edge computing, and the Internet of Things (IoT), which are driving the adoption of faster and more reliable mobile networks. Key market players, including Airtel, Tata DoCoMo, SK Telecom, China Mobile, and Verizon Wireless, are investing heavily in infrastructure upgrades and expansion to meet the surging demand. Despite challenges like spectrum allocation issues and infrastructure deployment costs, the market's long-term outlook remains optimistic due to consistent growth in mobile subscriptions and data consumption globally. While the market displays strong potential, several factors influence its trajectory. Regional variations in infrastructure development and adoption rates contribute to diverse growth patterns. For example, mature markets like North America and Europe may exhibit slower growth compared to developing regions in Asia and Africa, where mobile penetration is still increasing. Regulatory frameworks and government policies regarding spectrum allocation and infrastructure development also play a crucial role. The competitive landscape is highly fragmented, with established telecommunication companies and new entrants vying for market share. Companies are focusing on strategic partnerships and mergers and acquisitions to expand their reach and consolidate their positions within the market. Continuous innovation in network technologies and the emergence of new applications will continue to shape the evolution of the mobile infrastructure and mobile broadband market in the coming years.

The global wireless telecommunication carriers market is a dynamic and rapidly evolving landscape, projected to experience significant growth over the next decade. While precise figures for market size and CAGR are unavailable in the provided data, based on industry reports and the presence of major players like AT&T, Verizon, China Mobile, and Deutsche Telekom, we can reasonably estimate a 2025 market size of approximately $1.5 trillion USD. This substantial valuation reflects the ubiquitous nature of wireless communication and the continuous expansion of mobile data consumption fueled by the proliferation of smartphones, IoT devices, and increasing demand for higher bandwidth services like 5G. The market is driven by factors such as ongoing technological advancements (e.g., 5G rollout, improved network infrastructure), rising smartphone penetration across emerging economies, and the expanding applications of mobile technology in various sectors including healthcare, finance, and entertainment. Key trends include the convergence of fixed and mobile networks, the growth of cloud-based services, and the increasing focus on network security and data privacy. However, the market also faces restraints such as regulatory complexities, intense competition amongst carriers, and the need for continuous investment in infrastructure upgrades to meet rising data demands. Segmentation is likely to include factors like service type (prepaid vs. postpaid), technology (4G, 5G, etc.), and customer segment (individual consumers, businesses). The forecast period (2025-2033) anticipates consistent growth, driven by sustained technological innovation and expansion into underserved markets. A conservative estimate of a 5% CAGR over the forecast period suggests a market value exceeding $2.3 trillion by 2033. This projection is contingent upon several factors, including the successful adoption of 5G technology, regulatory support for network infrastructure development, and the overall global economic climate. Furthermore, strategic partnerships, mergers, and acquisitions amongst industry giants will continue to reshape the competitive landscape, influencing pricing strategies and the overall market dynamics. The regional distribution is expected to see continued dominance from North America and Asia, with growth opportunities in Africa and Latin America. This will likely lead to increased competition for market share and necessitate continuous innovation to meet the evolving needs of customers in each region.