The number of smartphone users in the United States was forecast to continuously increase between 2024 and 2029 by in total 17.4 million users (+5.61 percent). After the fifteenth consecutive increasing year, the smartphone user base is estimated to reach 327.54 million users and therefore a new peak in 2029. Notably, the number of smartphone users of was continuously increasing over the past years.Smartphone users here are limited to internet users of any age using a smartphone. The shown figures have been derived from survey data that has been processed to estimate missing demographics.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the number of smartphone users in countries like Mexico and Canada.

Forecast: T-Mobile Telecom Company Market Share in the US 2022 - 2026 Discover more data with ReportLinker!

Snapshot img

Mobile Phone Market Size 2025-2029

The mobile phone market size is forecast to increase by USD 213.9 billion at a CAGR of 6.8% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing adoption of telecom services and the proliferation of mobile applications. Smartphones have become an integral part of daily life, with consumers using them for various purposes such as communication, entertainment, and productivity. The market is witnessing a surge in mobile phone sales from e-commerce platforms, making it more accessible to a wider audience. 
However, concerns regarding security and privacy with smartphone usage continue to pose challenges. In addition, the market is also witnessing trends such as the integration of mobile phones with data centers, mobile gaming consoles, and autonomous vehicles, providing new opportunities for market growth.

What will be the Size of the Mobile Phone Market During the Forecast Period?

Request Free Sample

The emergence of 5G devices and test sites signifies the next phase of network development, promising faster data transfer rates and improved connectivity. Chipmakers play a crucial role in powering the smartphone market, ensuring the production of high-performance components. Handset design continues to evolve, focusing on sleeker forms, larger displays, and longer battery life. The market's size is substantial, with millions of units sold annually, reflecting the ubiquity of smartphones in today's digital world.

How is this Mobile Phone Industry segmented?

The mobile phone industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  Offline
  Online


Type

  Smartphone
  Feature phone


Geography

  APAC

    China
    India
    Japan
    South Korea


  Europe

    Germany
    UK


  North America

    Canada
    US


  Middle East and Africa



  South America

    Brazil

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period. The offline distribution channel segment in the US market caters to consumers who prefer a tangible shopping experience. Approximately two-thirds of consumers prefer purchasing mobile phones from physical retail stores, primarily due to the aging population. Offline distribution channels include independent retailers, multi-brand stores, and exclusive brand outlets. Personal interaction and the ability to test and compare devices before purchasing are significant advantages of offline retail.

Telecom infrastructure development, including 5G technology, enhances the offline buying experience by enabling instant device demos and showcasing the latest AI-powered smartphones. The integration of IoT and e-commerce platforms in offline stores further broadens the shopping experience. Semiconductor shortages and increasing mobile phone production through initiatives like Production-linked Incentives (PLI) continue to fuel the demand for mobile handsets.

Get a glance at the share of various segments. Request Free Sample

The offline segment was valued at USD 372.00 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 54% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market size of various regions, Request Free Sample

The market in APAC has experienced substantial growth, with major contributors being China, Japan, India, South Korea, and Indonesia. The expanding urban population and rising disposable income have fueled the demand for smartphones. Telecom infrastructure development and the introduction of budget-centric devices are key growth drivers. Established manufacturers have set up production facilities in China, Taiwan, South Korea, Japan, and India. The market is further propelled by technological advancements such as 5G technology, artificial intelligence, and IoT integration. Semiconductor components, e-commerce, and m-commerce are significant sectors driving market expansion. Consumers increasingly adopt smartphones for digital information access, trade activities, and entertainment.

Mid-range smartphones and 5G devices are popular choices, with chipmakers addressing the semiconductor shortage. Smartphone manufacturers prioritize handset design, Android operating system, and application developers for in-app purchases and IoT applications. 5G deployment and economic development are ongoing, with security architecture, eID, and retailers adapting to the digital society.

Market Dynamics

The smar

As of July 2024, Apple’s iPhone 15 was the most popular smartphone model sold in the United States, accounting for over 17.5 percent of total smartphone sales. The iPhone was the most popular smartphone in the United States at that time, occupying four spots in the top five. Apple and Samsung: two leading competitors Apple and Samsung are the leading smartphone vendors in the United States with a combined market share of almost 80 percent in the second quarter of 2023. The two smartphone vendors dominate the U.S. smartphone market not only in terms of sales, but also when it comes to customer satisfaction: Samsung’s Galaxy line and the Apple iPhones are the highest ranked smartphone models on the American customer satisfaction index. In line with their successes in the United States, Apple and Samsung also lead the global smartphone market, albeit to a lesser degree – the two brands have a combined market share of close to 40 percent. Smartphone penetration the highest in the United States Smartphone sales value in the United States more than doubled in the last decade, making the U.S. one of the major smartphone markets globally. In 2024, over 118 million smartphones were forecast to be sold, with the number of U.S. smartphone users forecast expected to grow in the coming years.

Snapshot img

Smartphone Market Size 2025-2029

The smartphone market size is forecast to increase by USD 99.8 million, at a CAGR of 4.1% between 2024 and 2029.

The market is experiencing significant growth, driven by several key trends. One major factor is the increasing adoption of artificial intelligence (AI) in smartphones, enhancing user experience through features like voice recognition and facial recognition. Sensor fusion technology is another trend, enabling devices to collect and analyze data from various sensors for improved functionality and accuracy. However, ongoing trade wars are posing challenges to market growth, with tariffs and import taxes affecting smartphone sales, particularly in key markets. These trends and challenges are shaping the future of the smartphone industry.

What will be the Size of the Smartphone Market During the Forecast Period?

Request Free Sample

The market continues to evolve, driven by advancements in telecom infrastructure and the proliferation of affordable handsets. Mobile phone users increasingly seek devices capable of leveraging 5G network technologies, with chipmakers responding by producing 5G chips for integration into mobile handsets. Android and Windows Phone operating systems dominate the market, while third-party originators challenge the status quo. Improved hardware and software capabilities enable advanced digital functions such as web browsing, music, video, gaming, and camera capability. The integration of artificial intelligence enhances user experience. Governmental assistance and the transition from feature phones to smartphones further fuel market growth. Overall, the market remains dynamic, with a focus on affordable, high-performance devices that cater to the diverse needs of consumers.

How is this Smartphone Industry segmented and which is the largest segment?

The smartphone industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Technology

  Android
  IOS
  Others


Price Range

  Between USD 150-USD 800
  Greater than USD 800
  Less than USD150


Screen Size

  Greater than 6 inches
  Between 5-6 inches
  Less than 5 inches


Geography

  APAC

    China
    India
    Japan
    South Korea


  Europe

    Germany
    UK
    France


  North America

    Canada
    US


  Middle East and Africa



  South America

    Brazil

By Technology Insights

The android segment is estimated to witness significant growth during the forecast period.

The Android operating system, provided by Alphabet Inc. (Google), is a globally popular choice for smartphones. With over 2.5 million apps available In the Google Play Store, users have access to a vast selection of applications catering to their diverse needs. Notable features of the Android OS include smart reply for messaging apps, focus mode options, Wi-Fi sharing via QR codes, and Google Assistant. Google offers essential web services such as Google Search, Google Maps, and YouTube free of charge. The Android OS's extensive feature set has contributed to its increasing popularity among consumers worldwide.

In addition, high-speed data connectivity and integration with Internet of Things (IoT) applications further enhance its appeal. Application developers create software for various lifestyle, social media, mobile utility, and other categories, ensuring a rich and diverse app ecosystem. The Android OS is written primarily in Java and C++, with support for in-app purchases and in-app course subscriptions.

Get a glance at the Smartphone Industry report of share of various segments Request Free Sample

The android segment was valued at USD 203.60 million in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 48% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market share of various regions, Request Free Sample

The market in APAC has experienced substantial growth, with China, Japan, India, South Korea, and Indonesia being the primary contributors to revenue generation. The expansion of urban populations and the subsequent increase in disposable income have fueled the demand for smartphones In the region. Key drivers of this market growth include the advancement of telecom infrastructure and the emergence of affordable smartphone options. Major global smartphone manufacturers have established manufacturing facilities in China, Taiwan, South Korea, Japan, and India to cater to the increasing demand.

Additionally, digital information consumption, human-computer interaction advancements, and t

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

Snapshot img

Mobile Edge Computing Market Size 2024-2028

The mobile edge computing market size is forecast to increase by USD 3.55 billion at a CAGR of 46.12% between 2023 and 2028. The market is experiencing significant growth due to several key drivers. The rise in health applications and the need for real-time data processing are pushing the demand for edge computing in the healthcare sector. In the entertainment industry, computational offloading and edge-computing video caching are becoming essential for delivering high-quality streaming services. Strategic collaborations among market participants are also driving innovation in edge computing, particularly in areas like collaborative computing and connected cars. Additionally, the deployment of 5G technology is expected to increase the demand for mobile edge computing, despite its high cost. Smart venues and enterprises are also adopting edge computing for improved content delivery and enhanced operational efficiency. This market is poised for continued growth as these trends and drivers shape the future of mobile computing.

What will the size of the market be during the forecast period?

Request Free Sample

Mobile edge computing (MEC) is an innovative technology that brings computing power closer to the source of data generation, primarily in cellular networks. This approach aims to address network congestion issues and improve the quality of experience (QoE) for various applications, including healthcare, autonomous vehicles, and augmented reality (AR)/virtual reality (VR). In the IT service environment, mobile edge computing plays a crucial role in the telecommunications networking landscape. By leveraging cellular base stations as mini-data centers, MEC technology enables real-time processing of data at the edge, reducing latency and improving overall network efficiency. Further, the integration of 5G technologies and IoT solutions into the telecom industry has significantly increased the demand for mobile edge computing capabilities. As 5G networks offer faster speeds and lower latency compared to 4G networks, MEC technology becomes essential to ensure optimal performance and QoE for applications such as connected automobile infrastructure and AR/VR experiences. Cellular MEC technology is particularly beneficial for industries that require real-time data processing, such as healthcare. By processing patient data at the edge, healthcare providers can make quicker, more informed decisions, ultimately improving patient outcomes and overall care.

Moreover, mobile edge computing is an essential component of the evolving connected automobile infrastructure. With the increasing adoption of autonomous vehicles, real-time data security processing and analysis are crucial for ensuring safety and efficiency. MEC technology enables this by processing data from various sensors and systems directly at the edge, reducing latency and improving overall system performance. In the context of telecommunications networking, mobile edge computing offers significant advantages in terms of network efficiency and QoE. By processing data at the edge, network congestion is reduced, and the overall performance of the radio access network is improved. This is especially important for applications that require low latency, such as AR/VR experiences, which can be particularly demanding on network resources. In conclusion, mobile edge computing represents a significant evolution in the IT service environment, particularly in the context of cellular networks and the telecom industry. By bringing computing power closer to the source of data generation, MEC technology addresses network congestion issues, improves QoE, and enables real-time processing for various applications, ultimately driving innovation and growth in the sector.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Component

  Hardware
  Software


Geography

  North America

    US


  Europe

    Germany
    UK


  APAC

    China
    Japan


  South America



  Middle East and Africa

By Component Insights

The hardware segment is estimated to witness significant growth during the forecast period. Mobile edge computing refers to the processing of data and applications on devices or servers located closer to the source of data, rather than relying on remote servers. This approach is gaining popularity in various industries, particularly in sectors that require real-time data processing and low latency, such as Health and Entertainment. The hardware components necessary for mobile edge computing include processors, servers, switches, routers, and end devices. The selection and size of these components depend on the specific use case

Samsung held a 20 percent share of the global smartphone market in the first quarter of 2024. Apple followed closely behind, with an overall share of 17 percent.

The changing face of the smartphone market

The make-up of the smartphone market has changed significantly since 2009. Nokia used to lead the industry with almost 50 percent of the smartphone market share in 2007, and before the arrival of the iPhone, it was hard for consumers to imagine Nokia becoming a market outsider.

Huawei's rise and fall have had a significant impact on the face of the market. Huawei consistently challenged Apple and Samsung for position at the top of the market, even leading it in the second quarter of 2020. Huawei has not appeared in the top five since the second quarter of 2021, largely as a result of trade restrictions.

RIM’s Blackberry devices stand as an example of the effect large-display touchscreen devices had on the market. Blackberry devices sold on a number of strengths, including a well-designed physical QWERTY keyboard and secure enterprise integration. The Blackberry lost its unique value as touchscreen devices improved, leading to a significant decline in revenue. RIM eventually ceased development of the Blackberry in 2016.

The Report Covers US Telecom Industry Share and Companies. The Market is segmented by Service into Voice Services (Wired, Wireless), Data and Messaging Services, and OTT and Pay TV.

Snapshot img

Mobile Device Management Market Size 2024-2028

The mobile device management market size is forecast to increase by USD 18.53 billion at a CAGR of 26.01% between 2023 and 2028.

The market is experiencing significant growth due to the increasing use of mobile devices, such as smartphones and tablets, in enterprises. With Bring Your Own Device (BYOD) gaining popularity, securing these devices and ensuring data protection has become a top priority for businesses. Cybersecurity concerns, particularly email encryption, are a major driver for the MDM market. 
Additionally, the availability of cloud-based solutions and open-source MDM options provide cost-effective and flexible alternatives for organizations. Big data is also playing a role in MDM, enabling businesses to gain valuable insights from their mobile device usage and improve overall productivity. In North America, the MDM market is expected to continue its growth trajectory, driven by the region's advanced technology adoption and focus on cybersecurity.

What will be the Size of the Mobile Device Management Market During the Forecast Period?

Request Free Sample

The market encompasses solutions that enable IT administrators to manage, secure, and monitor various endpoints, primarily focusing on smartphones, tablets, and Chromebooks. The market's growth is driven by the increasing adoption of remote work, bring-your-own-device (BYOD) policies, and the need to protect sensitive data In the telecommunication, healthcare, transportation, and other industries. The global MDM market is experiencing significant expansion due to the increasing complexity of IT environments and the growing importance of data security In the face of regulatory requirements and potential breaches. Cloud-based MDM solutions are gaining popularity due to their ease of implementation, user-friendly interfaces, and automation capabilities.
MDM solutions offer various security features, such as encryption, password protection, remote wipe, tracking, and management, to ensure data security and compliance. These features are essential in today's digital landscape, where IT expertise is increasingly important to mitigate the risks associated with international data transmission and the use of mobile devices In the workplace. Despite the benefits, the implementation of MDM solutions can be time-consuming and costly, requiring significant IT resources. However, the market is expected to bounce back as businesses recognize the long-term value of investing in data security and streamlined IT management. Key trends In the MDM market include the integration of MDM with other IT management solutions, the increasing use of artificial intelligence and machine learning for threat detection and automation, and the emergence of new players In the market.

How is this Mobile Device Management Industry segmented and which is the largest segment?

The MDM industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Large enterprises
  SMEs


Deployment

  On premise
  Cloud based


Device

  Smartphones
  Laptops
  Tablets
  Others


Solution

  Software
  Service


Geography

  APAC

    China
    Japan


  Europe

    Germany
    UK


  North America

    US


  South America



  Middle East and Africa

By End-user Insights

The large enterprises segment is estimated to witness significant growth during the forecast period.

In today's business landscape, mobile devices have become an integral part of enterprise operations, leading to a growing demand for Mobile Device Management (MDM) solutions. Large enterprises, in particular, require centralized control over their vast networks of employee-owned and corporate-issued devices. MDM solutions offer IT departments the ability to manage and monitor these devices remotely, ensuring adherence to corporate security policies, encryption, and multi-factor authentication. This is crucial for multinational corporations with offices worldwide. MDM solutions also provide essential security features such as password protection, remote wipe, tracking, and management of policies. Compliance with regulatory requirements like HIPAA, GDPR, and PCI DSS is simplified through MDM solutions.

IT administrators can automate various tasks, reducing complexity and the need for extensive IT expertise. User-friendly interfaces and scalability make MDM solutions accessible to both large enterprises and Small and Medium-sized Enterprises (SMEs). Cloud-based deployment and on-premise deployment options offer flexibility in terms of security and control. MDM solutions are essential for managing the productivity of laptops, smartphones, and tablets running on Android, iOS, and other platfo

The size of the US Data Center Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.00% during the forecast period.A data center is a facility that keeps computer systems and networking equipment housed, processing, and transmitting data. It represents the infrastructure on which organizations carry out their IT operations and host websites, email servers, and database servers. Data centers, therefore, are imperative to any size business: small start-ups or large enterprise since they enable digital transformation, thus making business applications available.The US data center industry is one of the largest and most developed in the world. The country boasts robust digital infrastructure, abundant energy resources, and a highly skilled workforce, making it an attractive destination for data center operators. Some of the drivers of the US data center market are the growing trend of cloud computing, internet of things (IoT), and high-performance computing requirements.Top-of-the-line technology companies along with cloud service providers set up major data center footprints in the US, mostly in key regions such as Silicon Valley and Northern Virginia, Dallas, for example. These data centers support applications such as e-commerce-a manner of accessing streaming services-whose development depends on its artificial intelligence financial service type. As demand increases concerning data center capacity, therefore, the US data centre industry will continue to prosper as the world's hub for reliable and scalable solutions. Recent developments include: February 2023: The expansion of Souther Telecom to its data center in Atlanta, Georgia, at 345 Courtland Street, was announced by H5 Data Centers, a colocation and wholesale data center operator. One of the top communication service providers in the southeast is Southern Telecom. Customers in Alabama, Georgia, Florida, and Mississippi will receive better service due to the expansion of this low-latency fiber optic network.December 2022: DigitalBridge Group, Inc. and IFM Investors announced completing their previously announced transaction in which funds affiliated with the investment management platform of DigitalBridge and an affiliate of IFM Investors acquired all outstanding common shares of Switch, Inc. for USD approximately USD 11 billion, including the repayment of outstanding debt.October 2022: Three additional data centers in Charlotte, Nashville, and Louisville have been made available to Flexential's cloud customers, according to the supplier of data center colocation, cloud computing, and connectivity. By the end of the year, clients will have access to more than 220MW of hybrid IT capacity spread across 40 data centers in 19 markets, which is well aligned with Flexential's 2022 ambition to add 33MW of new, sustainable data center development projects.. Key drivers for this market are: , High Mobile penetration, Low Tariff, and Mature Regulatory Authority; Successful Privatization and Liberalization Initiatives. Potential restraints include: , Difficulties in Customization According to Business Needs. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

Snapshot img

US Telecom Market Size 2025-2029

The us telecom market size is forecast to increase by USD 123.8 billion billion at a CAGR of 6.8% between 2024 and 2029.

The Telecom Market in the US is experiencing growth, driven by the surging demand for high-speed broadband services and technological advancements. With the increasing number of remote work and learning arrangements, the need for reliable and fast internet connections has become essential for both individuals and businesses. This trend is further fueled by the proliferation of IoT devices and the rise of 5G technology, which promises faster speeds and lower latency. However, the market is not without challenges. Regulatory compliance continues to be a significant hurdle, with stringent regulations governing network security and privacy. Telecom companies must invest heavily in cybersecurity measures to safeguard their networks and customer data. Additionally, the market is becoming increasingly competitive, with new players entering the market and incumbents expanding their offerings. Companies seeking to capitalize on market opportunities must stay abreast of these trends and challenges, and adapt their strategies accordingly. By focusing on innovation, investing in infrastructure, and prioritizing customer experience, telecom companies can differentiate themselves and thrive in this dynamic market.

What will be the size of the US Telecom Market during the forecast period?

Request Free Sample

The telecommunications industry continues to evolve, driven by the insatiable demand for high-speed data connectivity and advanced communication tools. With the increasing prevalence of smart devices and the digital transformation across various industry verticals, the need for reliable, ultra-fast connectivity is more critical than ever. The market is witnessing significant growth in mobile subscribers, fueled by the expansion of wireless infrastructures and the integration of AI and 5G infrastructures. Telecom services are no longer just about internet access and mobile connectivity; they now encompass value-added managed services, fiber networks, and cloud services. Sectors such as IT & telecom, transportation and logistics, telemedicine technology, e-commerce retail, media & entertainment, and more are leveraging telecommunication to streamline operations and enhance customer experiences. The telecom industry's future lies in delivering ultra-fast data speeds, low latency, and network reliability through various wireless solutions and fiber networks. Subscription plans catering to diverse consumer needs and preferences continue to shape the market landscape.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. End-userConsumerBusinessTypeWirelessWirelineApplicationResidentialCommercialTechnology5G4G3GSatellite communicationGeographyUS

By End-user Insights

The consumer segment is estimated to witness significant growth during the forecast period.

The US telecom market experienced significant growth in 2023, with the consumer segment leading the revenue share. The widespread use of smartphones and the increasing popularity of over-the-top (OTT) applications, such as Amazon Video, have driven the demand for high-speed data connectivity. In fact, approximately 92% of the US population was an Internet user in 2021, according to the World Bank. The rise of OTT platforms and the increasing preference for streaming services have led to a in mobile data services and high-speed broadband services. Furthermore, the adoption of cloud-computing technologies, artificial intelligence, and machine learning in various industry verticals, including transportation and logistics, healthcare and pharmaceutical, media and entertainment, and retail and e-commerce, is expected to accelerate the growth of the telecom market. The Federal Communications Commission (FCC) and mobile network operators continue to invest in 5G infrastructure, including open-source platforms and digital media platforms, to provide ultrafast speed and lower latency to consumers and businesses. The telecom industry is also focusing on private LTE networks, on-premise software, and cloud software to cater to the increasing demand for connectivity and digital space.

Get a glance at the market share of various segments Request Free Sample

The Consumer segment was valued at USD 145.10 billion in 2019 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What

The penetration testing market is set for significant expansion, with an anticipated valuation of US$ 1,913.6 million by 2024. The market displays a significant trend, featuring a CAGR of 14.4%, expected to endure until 2034. The consistent growth forecasts indicate that the global penetration testing market is poised to achieve an impressive valuation of US$ 7,363.3 million by 2034.

Attributes	Key Insights
Market Estimated Size in 2024	US$ 1,913.6 million
Projected Market Size in 2034	US$ 7,363.3 million
Value-based CAGR from 2024 to 2034	14.4%

2019 to 2024 Historical Analysis vs. 2024 to 2034 Market Forecast Projections

Attributes	Details
Market Value in 2019	US$ 1,018.1 million
Market Value in 2023	US$ 1,676.6 million
CAGR from 2019 to 2023	13.3%

Country-wise Insights

The United States	6.5%
The United Kingdom	4.5%
Germany	4.7%
Japan	14.3%
China	18.7%

Category-wise Insights

Category	Market Share in 2024
Network Penetration Testing	34.3%
Software	65.1%

Report Scope

Attributes	Details
Estimated Market Size in 2024	US$ 1,913.6 million
Projected Market Valuation in 2034	US$ 7,363.3 million
CAGR Share from 2024 to 2034	14.4%
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	Value in US$ million
Key Regions Covered	North America Latin America Western Europe Eastern Europe South Asia and Pacific East Asia The Middle East & Africa
Key Market Segments Covered	Type Component Enterprise Size Vertical Region
Key Countries Profiled	The United States Canada Brazil Mexico Germany The United Kingdom France Spain Italy Russia Poland Czech Republic Romania India Bangladesh Australia New Zealand China Japan South Korea GCC countries South Africa Israel
Key Companies Profiled	IBM Corporation Microfocus Qualys Inc. Synopsys Inc. Core Security SDI Corporation Whitehat Security Trustwave Holdings Inc. Checkmarx.com LTD VERACODE Inc. Secure Works Inc. Acunetix

Snapshot img

GIS In Telecom Sector Market Size 2024-2028

The GIS in telecom sector market size is forecast to increase by USD 1.91 billion at a CAGR of 14.68% between 2023 and 2028.

Geographic Information Systems (GIS) have gained significant traction In the telecom sector due to the increasing adoption of advanced technologies such as big data, sensors, drones, and LiDAR. The use of GIS enables telecom companies to effectively manage and analyze large volumes of digital data, including satellite and GPS information, to optimize infrastructure monitoring and antenna placement. In the context of smart cities, GIS plays a crucial role in enabling efficient communication between developers and end-users by providing real-time data on construction progress and infrastructure status. Moreover, the integration of LiDAR technology with drones offers enhanced capabilities for surveying and mapping telecom infrastructure, leading to improved accuracy and efficiency.
However, the implementation of GIS In the telecom sector also presents challenges, including data security concerns and the need for servers and computers to handle the large volumes of data generated by these technologies. In summary, the telecom sector's growing reliance on digital technologies such as GIS, big data, sensors, drones, and LiDAR is driving market growth, while the need for effective data management and security solutions presents challenges that must be addressed.

What will be the Size of the GIS In Telecom Sector Market During the Forecast Period?

Request Free Sample

The Geographic Information System (GIS) market In the telecom sector is experiencing significant growth due to the increasing demand for electronic information and visual representation of data in various industries. This market encompasses a range of hardware and software solutions, including GNSS/GPS antennas, Lidar, GIS collectors, total stations, imaging sensors, and more. Major industries such as agriculture, oil & gas, architecture, and infrastructure monitoring are leveraging GIS technology for data analysis and decision-making. The adoption rate of GIS In the telecom sector is driven by the need for efficient data management and analysis, as well as the integration of real-time data from various sources.
Data formats and sources vary widely, from satellite and aerial imagery to ground-based sensors and IoT devices. The market is also witnessing innovation from startups and established players, leading to advancements in data processing capabilities and integration with other technologies like 5G networks and AI. Applications of GIS In the telecom sector include smart urban planning, smart utilities, and smart public works, among others.

How is this GIS In Telecom Sector Industry segmented and which is the largest segment?

The GIS in telecom sector industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Software
  Data
  Services


Deployment

  On-premises
  Cloud


Geography

  APAC

    China


  North America

    Canada
    US


  Europe

    UK
    Italy


  South America



  Middle East and Africa

By Product Insights

The software segment is estimated to witness significant growth during the forecast period. The telecom sector's Global GIS market encompasses software solutions for desktops, mobiles, cloud, and servers, along with developers' platforms. companies provide industry-specific GIS software, expanding the growth potential of this segment. Telecom companies heavily utilize intelligent maps generated by GIS for informed decisions on capacity planning and enhancements, such as improved service and next-generation networks. This drives significant growth In the software segment. Commercial entities offer open-source GIS software to counteract the threat of counterfeit products.
GIS technologies are integral to telecom network management, spatial data analysis, infrastructure planning, location-based services, network coverage mapping, data visualization, asset management, real-time network monitoring, design, wireless network mapping, integration, maintenance, optimization, and geospatial intelligence. Key applications include 5G network planning, network visualization, outage management, geolocation, mobile network optimization, and smart infrastructure planning. The GIS industry caters to major industries, including agriculture, oil & gas, architecture, engineering, construction, mining, utilities, retail, healthcare, government, and smart city planning. GIS solutions facilitate real-time data management, spatial information, and non-spatial information, offering enterprise solutions and transportation applications.

Get a glance at the market report of share of variou

The dating service sector is undergoing a dynamic transformation as digital technology reshapes consumer behavior and preferences. With the advent of mobile and online platforms, many relationship-seekers now opt for the convenience of digital interactions over traditional methods. This shift has led to a booming demand for mobile dating apps, which dominate user engagement because of their real-time and accessible nature. Leaders prioritize investments in digital innovations to secure market share and optimize revenue. The industry revenue has grown at a CAGR of 11.8% to $4.4 billion over the past five years, with a 0.0% rise in 2024 alone. Over the past five years, the industry has witnessed robust profitability driven by integrating innovative technologies and strategic pricing models. Companies have embraced mobile apps extensively, aligning with consumer expectations for seamless digital experiences. Subscription models have emerged as a key driver of financial growth, providing a steady revenue stream instead of one-time transactions. This evolution demands strategic planning for long-term user retention. While hosting, technology and skilled workforce expenses have risen, the emphasis on quality user experience justifies the investment. The sector is poised for further expansion over the next five years, fueled by technological advancements and increasing mobile internet accessibility. As digital interactions become more sophisticated, users will likely benefit from safer and more efficient matchmaking processes. Established companies are expected to acquire startups, incorporating cutting-edge features to stay competitive and cater to evolving user demands. Additionally, opportunities lie in targeting niche market segments and offering tailored services that resonate with specific demographics. However, as regulatory scrutiny intensifies, firms prioritizing data security and transparency will likely gain the upper hand in building user trust and loyalty. Emphasizing seamless and personalized experiences will remain critical for sustaining growth in a competitive landscape. Overall, industry revenue will stagnate at $4.4 billion through 2029, with 0.0% growth in CAGR.

Snapshot img

US B2C E-Commerce Market Size 2025-2029

The B2C e-commerce market size in US is forecast to increase by USD 289.2 billion at a CAGR of 8.7% between 2024 and 2029.

The B2C e-commerce market is experiencing significant growth, driven by several key factors. The increasing trend of online spending and the widespread penetration of smartphones have fueled market expansion. Moreover, the emergence of omnichannel retailing has become essential for businesses to cater to customers' evolving shopping preferences. Digital connectivity is transforming traditional retail, as players in sectors such as personal care adapt to the new e-commerce landscape. 
Logistics has become critical In the e-commerce industry, leading to high overhead costs. Retailers must optimize their supply chain operations to ensure timely delivery and customer satisfaction. These trends present both opportunities and challenges for market players. Effective logistics management and the ability to offer seamless omnichannel shopping experiences will be crucial for success In the competitive B2C e-commerce landscape.

What will be the Size of the market During the Forecast Period?

Request Free Sample

The B2C e-commerce market continues to evolve, driven by the ubiquity of smartphones and internet access. Online shopping activities have grown, with mobile applications becoming a preferred channel for consumers. Social media and influencer culture significantly influence purchasing decisions, with artificial intelligence and machine learning powering personalized recommendations. Augmented reality and virtual reality technologies offer interactive shopping experiences, while voice commerce enables hands-free transactions.
In addition, international markets are expanding, fueled by 5G technology and multimedia content. Online payment methods are becoming more diverse, catering to various consumer preferences. Personal information security remains a critical concern, with logistics networks and supply chain management optimized for efficiency. 

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  B2C retailers
  Classifieds


Application

  Consumer electronics and home appliances
  Apparel and accessories
  Personal care
  Others


Platform

  Multi-brand
  Single-brand


Geography

  US

By Type Insights

The B2C retailers segment is estimated to witness significant growth during the forecast period.

The e-commerce market In the US has experienced significant growth due to the increasing use of smartphones, Internet access, and mobile applications for online shopping activities. B2C companies have responded by offering interactive and personalized shopping experiences through advanced technologies such as artificial intelligence, machine learning, augmented reality, and virtual reality. Payment security is a priority, with e-commerce platforms utilizing encryption, fraud detection systems, two-factor authentication, and cybersecurity measures to ensure secure transactions. E-commerce sales continue to grow, driven by the convenience of online payment methods, including digital wallets, credit cards, and mobile payment solutions. International markets and the electronics sector are major contributors to this trend.

However, cyber threats such as malware, phishing attacks, ransomware, DDoS attacks, IoT sensors, real-time monitoring, RFID tracking, and advanced analytics are challenges that e-commerce companies must address to maintain customer trust. The personal care industry and traditional retail are also adapting to digital connectivity, with logistics networks and supply chain management optimized for online retailers and mobile platforms.

Get a glance at the market report of share of various segments Request Free Sample

Market Dynamics

Our US B2C E-Commerce Market researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in adoption of US B2C E-Commerce Market?

The rise in online spending and smartphone penetration is the key driver of the market.

The B2C e-commerce market In the US has experienced significant growth due to the widespread availability of Internet access and the increasing use of smartphones for online shopping activities. Mobile applications have become a preferred choice for consumers, with social media and influencer culture playing a pivotal role in driving sales. Artificial intelligence and machine learning are transforming the industry by providing personalized

According to Cognitive Market Research, the global Social Commerce Market size will be USD 769485.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 32.20% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 307794.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 30.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 230845.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 176981.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 34.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 38474.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 31.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 15389.70 million in 2024 and will grow at a compound annual growth rate (CAGR) of 31.9% from 2024 to 2031.
The business to consumer (B2C) held the highest Social Commerce Market revenue share in 2024.

Market Dynamics of Social Commerce Market

Key Drivers for Social Commerce Market

Growth of E-Commerce and social media to Increase the Demand Globally

The Social Commerce Market has experienced growth due to increasing penetration of social media. Social media platforms are quickly emerging as vital avenues for businesses to interact with customers, highlight their goods, and increase revenue. Moreover, customers are finding it simpler to find and buy things without ever leaving the app thanks to the direct integration of shopping functions into social media sites like Facebook and Instagram. Furthermore, the expanding user base on social media platforms is generating profitable expansion prospects for the industry as a whole.

Advancements in Technology to Propel Market Growth

The Social Commerce Market has witnessed steady growth, driven by advancements in technology. Mobile technology has advanced significantly over the last ten years, and smartphones are now an essential part of people's everyday lives. Users are increasingly choosing to shop straight from their smartphones because to improved smartphone capabilities and internet connectivity, which has expanded mobile commerce. Additionally, more people are using smartphones due to rising disposable incomes, which ultimately enhances the social commerce market value environment.

Restraint Factor for the Social Commerce Market

Serious concerns regarding customers' privacy to Limit the Sales

The Social Commerce Market, driven by its rapid rise in the application of social media marketing and advertising strategies. After discovering that social commerce platforms handle significant amounts of sensitive information, including financial and personal data, hackers turn their attention to social networking networks. Any data leak these days has the potential to harm a company's brand as well as cause emotional and financial harm to an individual. Additionally, there is a high likelihood of data misuse. Social commerce businesses stress the importance of keeping proper data security in addition to backing up important data.

Impact of Covid-19 on the Social Commerce Market

The Social Commerce Market has witnessed growth due to rising number of smartphones. Key drivers include technological advancements, increasing internet penetration, and expanding influencer marketing. However, the COVID-19 pandemic temporarily disrupted production and supply chains, affecting market dynamics. The lockdowns led to reduced consumer spending and manufacturing delays. Despite these challenges, market recovery was swift as the industries resumed operations. Long-term trends indicate a resilient market with steady growth due to ongoing social media platforms and a rebound in business activities. Introduction of the Social Commerce Market

Social commerce describes online stores that use social media platforms like Facebook, Instagram, and Twitter to market and sell goods and services. The level of consumer interaction with a company's marketing through retweets, likes, and shares determines the effectiveness of a social commerce campaign. Additionally, social media marketers pr...

Snapshot img

Cloud Gaming Market Size 2024-2028

The cloud gaming market size is forecast to increase by USD 1.49 billion at a CAGR of 9.22% between 2023 and 2028.

The market is experiencing significant growth, driven by the increased availability of high-speed Internet and the rise in mobile cloud gaming. These trends are transforming the gaming industry, offering players the ability to access games on demand without the need for expensive hardware. However, the market also faces challenges, particularly infrastructural and bandwidth limitations, which must be addressed to ensure a seamless gaming experience. Game makers are also leveraging cloud computing, game streaming, video streaming, and file streaming to deliver high-quality games to users. Moreover, the gaming experience is enhanced through virtual reality (VR) capabilities, enabling enriching gaming on various devices. As high-speed Internet becomes more widespread and technology advances, these challenges are being mitigated, paving the way for continued growth In the market. This market analysis report provides a comprehensive examination of these trends and challenges, offering valuable insights for businesses looking to capitalize on the opportunities presented by cloud gaming.

What will be the Size of the Market During the Forecast Period?

Request Free Sample

The market is experiencing significant growth as the gaming sector embraces advancements in 5G technology and cloud technology. Player demand for top-tier games on portable devices, such as laptops, tablets, and smartphones, has driven this trend. Cloud gaming allows users to access games through remote servers without the need for local hardware, reducing the need for expensive gaming consoles or high-performance laptops.
Moreover, the gaming experience is enhanced through virtual reality (VR) capabilities, enabling enriching gaming on various devices. Internet usage patterns indicate a shift towards streaming media and games, further fueling the market's expansion. Technical advancements in game design, gaming analytics, and startups continue to innovate and cater to this growing market. Cloud gaming is revolutionizing the gaming industry, making gaming more accessible and convenient for a wider audience.

How is this Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Video streaming
  File streaming


Device

  Gaming consoles
  Computing devices
  Smart TVs
  Mobile devices


Geography

  North America

    US


  APAC

    China
    Japan
    South Korea


  Europe

    Germany


  South America



  Middle East and Africa

By Application Insights

The video streaming segment is estimated to witness significant growth during the forecast period.

Cloud gaming, a segment of the video games industry, is revolutionizing the way players access and enjoy top-tier games. Utilizing cloud technology and 5G infrastructures, cloud gaming enables users to stream games in real time over the internet, eliminating the need for local hardware such as gaming consoles or high-end laptops. This approach offers flexibility and accessibility, allowing players to engage with games on various devices, including smartphones, laptops, tablets, and Smart TVs. The gaming experience is further enhanced through virtualization technology, edge computing, artificial intelligence (AI), and machine learning (ML). Cloud gaming providers employ video streaming to deliver games, with thin-client architecture being a popular method.

Get a glance at the market report of share of various segments Request Free Sample

The video streaming segment was valued at USD 1.18 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 50% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market size of various regions, Request Free Sample

Cloud gaming, a segment of the gaming industry, has witnessed significant growth in North America, driven by advancements in cloud technology and the increasing demand from avid and hardcore gamers. Companies like Google Stadia have capitalized on this trend, offering cloud gaming services since 2019. Stadia enables users to play top-tier games on various devices, including laptops, desktops, smart TVs, and portable devices, using remote servers instead of relying on local hardware. The service provides a vast library of games, accessible through individual purchases or monthly subscriptions. The in

In 2022, smartphone vendors sold around 1.39 billion smartphones were sold worldwide, with this number forecast to drop to 1.34 billion in 2023.

Smartphone penetration rate still on the rise

Less than half of the world’s total population owned a smart device in 2016, but the smartphone penetration rate has continued climbing, reaching 78.05 percent in 2020. By 2025, it is forecast that almost 87 percent of all mobile users in the United States will own a smartphone, an increase from the 27 percent of mobile users in 2010.

Smartphone end user sales

In the United States alone, sales of smartphones were projected to be worth around 73 billion U.S. dollars in 2021, an increase from 18 billion dollars in 2010. Global sales of smartphones are expected to increase from 2020 to 2021 in every major region, as the market starts to recover from the initial impact of the coronavirus (COVID-19) pandemic.

The global big data market is forecasted to grow to 103 billion U.S. dollars by 2027, more than double its expected market size in 2018. With a share of 45 percent, the software segment would become the large big data market segment by 2027.

What is Big data?

Big data is a term that refers to the kind of data sets that are too large or too complex for traditional data processing applications. It is defined as having one or some of the following characteristics: high volume, high velocity or high variety. Fast-growing mobile data traffic, cloud computing traffic, as well as the rapid development of technologies such as artificial intelligence (AI) and the Internet of Things (IoT) all contribute to the increasing volume and complexity of data sets.

Big data analytics

Advanced analytics tools, such as predictive analytics and data mining, help to extract value from the data and generate new business insights. The global big data and business analytics market was valued at 169 billion U.S. dollars in 2018 and is expected to grow to 274 billion U.S. dollars in 2022. As of November 2018, 45 percent of professionals in the market research industry reportedly used big data analytics as a research method.