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eMBB service market to hit $17.25 billion by 2030

4 hours ago
By AI, Created 16:30 UTC, Sep 28, 2026, AGP -

The enhanced mobile broadband service market is forecast to surge from $1.57 billion in 2025 to $17.25 billion by 2030, driven by 5G rollout, bandwidth-heavy apps and rising mobile data demand. Asia-Pacific led the market in 2025, while North America is expected to grow fastest through the forecast period.

Why it matters: - Enhanced mobile broadband, or eMBB, is becoming a core 5G service for faster data speeds, higher network capacity and lower latency. - The market's growth reflects rising demand for video streaming, cloud gaming, virtual reality and other bandwidth-heavy mobile services. - Faster eMBB deployment could improve mobile connectivity in crowded cities and across wider geographic areas.

What happened: - The Business Research Company published its Enhanced Mobile Broadband (eMBB) Service Global Market Report 2026, covering market size, trends and forecasts for 2026-2035. - The report projects the eMBB service market will rise from $1.57 billion in 2025 to $2.54 billion in 2026. - The report forecasts the market will reach $17.25 billion by 2030. - The company projects a 61.8% CAGR in 2026 and a 61.4% CAGR over the forecast period. - A free sample of the report is available. - The full market report is also available.

The details: - The report links market growth to the spread of smartphones, higher demand for high-speed internet, more video streaming, rising mobile data traffic and telecom infrastructure investment. - The forecast also points to expanding 5G networks, more bandwidth-heavy apps, wider use of connected devices and smart services, and growth in enterprise 5G solutions. - eMBB is designed to deliver significantly higher data speeds, better network capacity and reduced latency than earlier mobile technologies. - The service supports high-definition video streaming, cloud gaming and immersive virtual reality applications. - 5G infrastructure behind the growth includes base stations, radio access networks, fiber backhaul and core network systems. - In December 2025, 5G Americas said global 5G connections rose from 2.25 billion in 2024 to 2.8 billion in the third quarter of 2025, an increase of about 24.4%. - The report highlights ultra-fast 5G networks, low-latency connectivity, advanced network infrastructure, private 5G networks and seamless mobile broadband experiences as major trends.

Between the lines: - The forecast suggests eMBB is moving from a consumer feature to a foundational layer for mobile and enterprise connectivity. - The scale of the projected CAGR points to a market still in an early, infrastructure-led growth phase. - The 5G adoption figures reinforce the idea that network buildout is still creating room for new service revenue.

What's next: - The report expects 5G deployment to keep expanding, which should support demand for eMBB services through 2030. - North America is expected to be the fastest-growing region over the forecast period. - Asia-Pacific held the largest market share in 2025. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The Business Research Company also said its 2026 reports include TAM analysis, company scoring matrices, forecasting dashboards, market hotspot infographics and updated graphics and tables.

The bottom line: - eMBB is emerging as one of the clearest commercial beneficiaries of 5G expansion, with the market set for rapid growth as data demand accelerates.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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