Connectivity services market to reach $9.3B by 2030

The Business Research Company says the global connectivity services market will grow from $4.61 billion in 2026 to $9.3 billion by 2030, driven by 5G, private networks, edge computing and industrial IoT. North America led the market in 2025, while Asia-Pacific is expected to grow fastest over the forecast period.

Why it matters: - Connectivity services are becoming a core layer for enterprise and IoT systems that need secure, reliable data exchange across devices, machines and networks. - The market’s expected growth signals rising demand for real-time connectivity, managed services and infrastructure that can support larger device fleets. - Faster 5G rollout and industrial IoT adoption could speed up operational automation and network modernization across industries. - The report includes a free sample and the full connectivity services market report.

What happened: - The Business Research Company released its Global Connectivity Services Global Market Report 2026, covering market size, trends and forecasts for 2026-2035. - The company projects the market will rise from $3.88 billion in 2025 to $4.61 billion in 2026. - The report forecasts the market will reach $9.3 billion by 2030, implying a 19.2% CAGR during the forecast period. - North America held the largest market share in 2025. - Asia-Pacific is projected to be the fastest-growing region during the forecast period.

The details: - Historical growth has been driven by the rapid spread of IoT devices, expansion of mobile broadband networks, enterprise digital transformation, cloud adoption and machine-to-machine communications. - Forecast growth is tied to 5G and private network deployment, rising demand for real-time data connectivity, expansion of industrial IoT ecosystems, greater edge computing integration and broader use of managed connectivity services. - The report says major trends will include 5G and advanced network connectivity, edge computing-enabled IoT orchestration, wider deployment of private and industrial networks, connectivity-as-a-service models and growth in LPWAN and low-power IoT networks. - Connectivity services cover technologies and solutions that support communication among devices, machines and systems in enterprise and IoT environments. - The services are designed to support network reliability, device management, data transmission, protocol interoperability and secure integration across IoT ecosystems. - The report says these capabilities help organizations improve operational efficiency, gain real-time insights and automate processes. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The report adds analytical features including market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics, key technologies and future trend analysis, plus updated graphics and tables.

Between the lines: - The forecast suggests connectivity is shifting from a supporting telecom function to a strategic enterprise infrastructure layer. - The emphasis on managed services, private networks and edge computing points to demand for more specialized, lower-latency and secure connectivity architectures. - The 5G coverage data cited in the report underscores why adoption may keep widening as network reach improves. - The International Telecommunication Union reported global 5G population coverage rose from 51% in 2024 to 55% in 2025.

What's next: - The market is expected to keep expanding through 2030 as enterprises adopt more connected devices and industrial systems. - Broader 5G deployment and private network buildouts are likely to remain the biggest demand drivers. - The Asia-Pacific region may capture more growth as industrial IoT and network modernization accelerate.

The bottom line: - Connectivity services are on track for fast growth because enterprises need secure, scalable networks to move data across increasingly connected operations.