Employment statistics on the Wireless Telecommunications Carriers industry in the US

Verizon remained the largest mobile service provider in the United States by subscriber count as of the second quarter of 2025. The New York-based operator commanded a market share of around 36 percent, down from over 39 percent in 2022. Meanwhile, rival firm T-Mobile US continued to grow its presence, capturing roughly one-third of all subscribers for the first time. Mobile virtual network operator (MVNO) subscriptions were not considered for this statistic. Seismic shift: T-Mobile and Sprint Merger T-Mobile has pursued an aggressive business strategy aimed at putting pressure on long-established market leaders Verizon and AT&T. This has included major deals designed to expand its market presence, most notably its 2020 acquisition of the network operator Sprint, which bolstered T-Mobile’s efforts to compete with its rivals on the quality of its 5G network. As of 2025, T-Mobile offered the fastest 5G download speeds by far among the three major operators. T-Mobile is the largest U.S. telco by market cap As of 2025, T-Mobile had a market capitalization of almost 308 billion U.S. dollars, the highest of any U.S. telecommunications company. Beijing-based China Mobile and U.S. giant AT&T trailed, with a market cap of *** and *** billion U.S. dollars, respectively.

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.

The Wireless Connectivity Market Report is Segmented by Technology (Wi-Fi, Bluetooth, Zigbee, and More), End-User Industry (Automotive, Industrial and Manufacturing, Healthcare and Medical Devices, and More), Frequency Band (Sub-1 GHz, 2. 4 GHz, and More), Device Type (Smartphones and Tablets, Wearables, Industrial IoT Sensors, and More), and Geography

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The wireless connectivity market share is expected to increase by USD 53.01 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 14.10%.

This wireless connectivity market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers wireless connectivity market segmentation by type (WPAN, WLAN, and GNSS) and geography (APAC, North America, Europe, MEA, and South America). The wireless connectivity market report also offers information on several market vendors, including Broadcom Inc., Infineon Technologies AG, Intel Corp., MediaTek Inc., Microchip Technology Inc., NXP Semiconductors NV, Qualcomm Inc., Renesas Electronics Corp., STMicroelectronics NV., and Texas Instruments Inc. among others.

What will the Wireless Connectivity Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Wireless Connectivity Market Size for the Forecast Period and Other Important Statistics

'In India, the total wireless or mobile telephone subscriber base increased from 1,147.92 million in August 2020 to 1,186.72 million in August 2021.'

Wireless Connectivity Market: Key Drivers and Challenges

The increase in the development of smart cities is notably driving the wireless connectivity market growth, although factors such as high switching costs may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the wireless connectivity industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Wireless Connectivity Market Driver

The increase in the development of smart cities will be one of the key factors driving the global wireless connectivity market growth. The government all over the world are investing in the development of smart cities or connected cities that will use emerging technologies such as 5G and IoT to deliver services. Such technology will boost the demand for smart devices, and sensors to improve operations and provide services such as safety and security, access to education, waste and water management, traffic management, and healthcare. Hence, rapid urbanization and the growing deployment of wireless connectivity due to the development of smart cities will positively impact the market in focus during the forecast period.

Key Wireless Connectivity Market Challenge

The high switching costs related to the process of switching from one provider to another is one of the key challenges to the global wireless connectivity market growth. The cost of switching from traditional wired networks to a wireless system will impede the adoption of wireless technology. Moreover, the procurement cost of wireless hardware products (higher than wired networks) will increase the total cost of installation. Privacy and security issues, poor infrastructure, and high switching costs will lead industries to refrain from adopting wireless connectivity, which is expected to negatively impact the market in focus during the forecast period.

This wireless connectivity market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Market Overview

The parent global communications equipment market covers manufacturers of enterprise networking products, including LANs, WANs, routers, telephones, switchboards, and exchanges. Technavio also includes communications infrastructure or telecom equipment market, within the scope of the communications equipment market. Technavio calculates the global communications equipment market size by considering the revenue generated from sales of communication equipment, broadcasting equipment, telecommunications equipment, and investments made by telecommunication service providers to improve their communication infrastructure.

Who are the Major Wireless Connectivity Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

Broadcom Inc.
Infineon Technologies AG
Intel Corp.
MediaTek Inc.
Microchip Technology Inc.
NXP Semiconductors NV
Qualcomm Inc.
Renesas Electronics Corp.
STMicroelectronics NV.
Texas Instruments Inc.

This statistical study of the wireless connectivity market encompasses successful business strategies deployed by the key vendors. The wireless connectivity market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19

The economic impact of the wireless telecommunications carriers industry in Canada, by province, expressed as the direct, indirect and induced effects on output, gross value added at basic prices and the number of jobs.

The in Building Wireless Market Report is Segmented by Component Type (Antenna, Distributed Antenna Systems, Cables, Repeaters, and Small Cells), Technology (4G/LTE, 5G NR, Wi-Fi 6/6E, and Wi-Fi 7), Frequency Band (Less Than 1 GHz, 1 - 6 GHz, and More Than 6 GHz), End-User Industry (Commercial, Residential, Industrial, and Public-Safety and Government), and Geography.

This statistic shows the annual service revenue of the United States (U.S.) wireless industry from 1985 to 2021. In 2021, the service revenues of the wireless industry in the U.S. amounted to ****** billion U.S. dollars.

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.

Semi-Annual Market Update for USA Wireless Telecommunication Services Market

An Analysis of USA Wireless Telecommunication Services Market by Segment

Market Concentration and Competitive Landscape

According to the latest version of the in-building wireless market report by FMI, potential CAGR could reach up to 6.30% through 2034. The analysis indicates that sales of in-building wireless are currently valued at US$ 14.77 billion in 2024.

Historical Market Study on In-building Wireless alongside Future Projections

In-building Wireless Market Analysis by Country

In-building Wireless Demand Analysis by Segment

The wireless router market has seen remarkable evolution and growth over the last decade, driven by the increasing demand for high-speed internet connectivity in both residential and commercial sectors. These devices serve as essential tools for creating a wireless local area network (WLAN), providing users the conv

The next generation wireless communication market size was estimated at USD 36.3 billion in 2024 and is projected to attain USD 261.8 billion in 2037 surging at a CAGR of 17.9% during the forecast period i.e. 2025 to 2037. North America industry is predicted to account for the largest share of 44.6% during the forecast timeline attributable to the strong presence of technological giants emphasizing innovation in communication technologies.

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Industrial Wireless In Process Industries Market Size 2025-2029

The industrial wireless in process industries market size is forecast to increase by USD 2.54 billion, at a CAGR of 14.4% between 2024 and 2029.

The market is experiencing significant growth, driven by the reduction in installation and retrofit costs of wireless systems. These cost savings, coupled with the increasing adoption of Machine-to-Machine (M2M) services across various industries, are fueling the market's expansion. However, this market landscape is not without challenges. Security concerns with wireless networks are becoming increasingly prominent, necessitating robust cybersecurity measures to protect against potential breaches and data loss. Industrial ethernet networks complement wireless technologies, providing additional connectivity options for process industries.
Companies must navigate these challenges while capitalizing on the opportunities presented by the market's dynamic growth. By investing in advanced wireless technologies and implementing stringent security protocols, organizations can effectively address these challenges and seize the potential of the market. The ongoing development of data security protocols and power consumption optimization strategies underscores the continuous dynamism of this evolving market.

What will be the Size of the Industrial Wireless In Process Industries Market during the forecast period?

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The industrial wireless market continues to evolve, driven by the increasing adoption of wireless communication protocols such as WirelessHART and Zigbee in process industries. Real-time process control is a primary application, with network topology design focusing on wireless mesh networks and low-power wide-area networks to ensure reliable high-speed data transmission. SCADA system integration, fault detection algorithms, and network latency reduction are essential components of this dynamic landscape. For instance, a leading chemical manufacturer achieved a 20% increase in sales by implementing wireless sensor networks and real-time data acquisition for process variable monitoring and sensor calibration techniques.
Industrial wireless standards, such as WirelessHART and ISA100.11a, play a crucial role in process optimization strategies, enabling remote monitoring systems and process automation. Signal processing algorithms, power consumption optimization, and system reliability metrics are essential considerations in network design. Actuator control systems, remote diagnostics tools, and cloud-based data storage further enhance the value proposition of industrial wireless solutions. Data integrity validation, device management systems, and data analytics dashboards are integral to ensuring the efficiency and effectiveness of these systems.

How is this Industrial Wireless In Process Industries Industry segmented?

The industrial wireless in process industries 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

  WLAN
  WirelessHART
  WiMAX
  Others


End-user

  Oil and gas industry
  Power industry
  Water and wastewater industry
  Others


Application

  Process automation
  Condition monitoring
  Asset tracking
  Safety systems
  Remote data acquisition


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Technology Insights

The WLAN segment is estimated to witness significant growth during the forecast period. In the realm of process industries, wireless communication technologies have become indispensable for seamless data exchange between various devices and systems on the shop floor. Among these, WirelessHart technology and Zigbee wireless technology have gained significant traction due to their ability to facilitate high-speed data transmission and real-time process control. Network topology designs, such as wireless mesh networks and low-power wide-area networks, have been instrumental in enhancing network reliability and reducing network latency. These advancements have paved the way for SCADA system integration, enabling fault detection algorithms, signal processing algorithms, and process variable monitoring. Energy-focused solutions like energy consumption monitoring and quality control enhancements strengthen process safety systems.

Edge computing devices and data security protocols have further strengthened the security of these networks. Power consumption optimization and system reliability metrics have been key focus areas for continuous improvement. The adoption of wireless communication protocols in

The Telecom Wireless Data Market is estimated to be valued at USD 30.8 billion in 2025 and is projected to reach USD 56.0 billion by 2035, registering a compound annual growth rate (CAGR) of 6.2% over the forecast period.

Wireless Power Transmission Market size anticipated to reach $ 35,387.71 mn by 2032 from a value of $ 14,978.25 mn in 2024 and is projected to grow by $ 16,417.06 mn in 2025, revenue is expected to grow by CAGR of 12.6% from 2025 to 2032.

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 Next Generation Wireless Network Market is estimated to be valued at USD 35.1 billion in 2025 and is projected to reach USD 69.7 billion by 2035, registering a compound annual growth rate (CAGR) of 7.1% over the forecast period.

The in-building wireless market is estimated to be valued at $21.05 billion and is expected to grow at a CAGR of 10.7% during the forecast period from 2025 to 2033. The growth of this market is attributed to the increasing demand for high-quality wireless connectivity in buildings, especially in commercial, healthcare, and educational settings. Key drivers include the proliferation of mobile devices, the growth of data-intensive applications, and the need for seamless connectivity. The in-building wireless market is segmented based on offering, business model, building size, application, and region. The services segment is expected to hold the largest share of the market due to the increasing need for managed services and professional installation. The large building segment is expected to dominate the market as these buildings require extensive wireless infrastructure to support a high number of users and devices. The commercial campus application is expected to have the largest share of the market due to the increasing deployment of wireless networks in corporate offices and university campuses. The North America region is expected to hold the largest share of the market due to the early adoption of advanced wireless technologies and the presence of major market players. Recent developments include: In June 2024, Hewlett Packard Enterprise Development LP unveiled the HPE Aruba Networking Enterprise Private 5G, designed to simplify and accelerate the management and deployment of private 5G networks. This solution delivers high levels of reliable wireless coverage across expansive campus and industrial settings, and it opens up new, previously unexplored use cases for private cellular networks. , In May 2024, ZTE Corporation, a global leader in information and communication technology solutions, announced a commercial deployment of its latest-generation wireless products in partnership with Thailand's top mobile operator, Advanced Info Service PLC. This deployment, which takes place at the A-Z Center, aims to leverage advanced technology to assist Advanced Info Service PLC in developing a green, ultra-simplified, and intelligent telecommunications network. , In May 2024, Boldyn Networks announced the acquisition of Apogee Telecom, Inc. This strategic acquisition enhances Boldyn Networks' connectivity offerings in the expanding education market by integrating Apogee Telecom, Inc.'s established reputation and expertise with Boldyn's global experience and comprehensive range of wireless and fiber solutions. .

The global Wireless Connectivity market size is expected to reach USD 259.33 Billion in 2032 registering a CAGR of 12.9%. Discover the latest trends and analysis on the Wireless Connectivity Market. Our report provides a comprehensive overview of the industry, including key players, market share, gr...

Wireless Communication Market Outlook

According to our latest research, the global wireless communication market size reached USD 1,220.4 billion in 2024, reflecting robust demand and technological advancement across industries. The market is expected to grow at a CAGR of 10.2% from 2025 to 2033, reaching a forecasted value of USD 2,941.8 billion by 2033. This growth is primarily driven by the increasing adoption of IoT devices, rapid expansion of 5G networks, and the proliferation of smart consumer electronics worldwide. As per the latest research, the wireless communication market is experiencing a remarkable transformation, with innovations in connectivity and the integration of advanced technologies shaping its future trajectory.

The primary growth factor for the wireless communication market is the surging integration of wireless technologies within consumer electronics and industrial automation. The global shift towards smart homes, connected vehicles, and wearable devices is fueling demand for high-speed, reliable, and secure wireless connections. The evolution of 5G technology has unlocked new possibilities for ultra-low latency and massive device connectivity, enabling advanced applications such as autonomous vehicles, telemedicine, and immersive AR/VR experiences. Additionally, the deployment of Wi-Fi 6 and Bluetooth 5.0 standards is enhancing data transfer rates and power efficiency, making wireless communication indispensable in both personal and professional environments. The increasing reliance on wireless networks for mission-critical applications highlights the market's pivotal role in the digital transformation of various sectors.

Another significant driver is the rapid expansion of industrial IoT (IIoT) and smart manufacturing initiatives. Industries are leveraging wireless communication to streamline operations, improve asset tracking, and enable predictive maintenance. The adoption of wireless sensor networks and machine-to-machine (M2M) communication is optimizing production processes and reducing operational costs. Moreover, the healthcare sector is witnessing a surge in wireless medical devices and telehealth solutions, especially in the wake of the COVID-19 pandemic. The ability to remotely monitor patients and transmit real-time health data is revolutionizing patient care and expanding access to medical services. The growing emphasis on automation and digitalization across industries is set to sustain the momentum of the wireless communication market over the next decade.

Government initiatives and investments in digital infrastructure are also playing a crucial role in market growth. Several countries are prioritizing the development of smart cities, which rely heavily on wireless communication for intelligent transportation, public safety, and efficient energy management. Regulatory support for spectrum allocation and standardization is accelerating the deployment of next-generation wireless networks. Furthermore, partnerships between telecom operators, technology providers, and public agencies are fostering innovation and expanding network coverage in underserved regions. The convergence of wireless communication with emerging technologies such as artificial intelligence, edge computing, and blockchain is creating new avenues for growth and differentiation in the market.

From a regional perspective, Asia Pacific is emerging as the dominant force in the global wireless communication market, driven by rapid urbanization, increasing smartphone penetration, and substantial investments in 5G infrastructure. North America remains a key market, characterized by early adoption of advanced wireless technologies and a strong presence of leading technology companies. Europe is witnessing steady growth, supported by digital transformation initiatives and robust regulatory frameworks. Meanwhile, Latin America and the Middle East & Africa are experiencing accelerated growth, fueled by expanding mobile networks and rising demand for wireless solutions in various sectors. The diverse regional dynamics underscore the global nature of the wireless communication market and the need for tailored strategies to address unique market conditions.