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The 5G in IoT Market size was estimated at USD 5.20 billion in 2022, USD 6.50 billion in 2023, and is expected to grow at a CAGR of 29.62% to reach USD 41.50 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
The 5G in IoT includes using 5G technology in the Internet of Things (IoT), which is leading to the generation of high-speed, reliable, and efficient wireless communication systems. These systems are capable of handling a vast number of high-rate data transfers and are essential for the functioning of modern IoT applications. Increasing demand for high-speed data transmission and low latency for real-time analytics is driving the growth of the 5G in IoT market. Escalation in the number of IoT devices and government investment in smart city projects is expanding the usage of 5G in IoT solutions. The growing implementation of 5G in IoT in supply chain optimization and energy management through smart grids is creating a platform for market growth. The high cost of implementation and security and privacy concerns with 5G in IoT solutions are hampering the growth of the market. The growing introduction of technological advancements in 5G in IoT solutions by market vendors is expected to create opportunities for market growth.
Regional Insights
The Americas, particularly the United States and Canada, have been rapidly adopting 5G technology in numerous IoT applications. The Americas market shows a significant consumer need for enhanced connectivity and speed in applications including smart homes, healthcare, and autonomous vehicles. Emerging countries in South America present a vast potential for the 5G IoT market due to their growing populations and rapid urbanization. These regions offer a unique opportunity for manufacturers and providers to introduce 5G IoT solutions in various sectors including agriculture, education, and healthcare. In the Asia Pacific region, countries such as China, Japan, and India are at the forefront of 5G in IoT deployment. Asia-Pacific’s 5G market has shown aggressive expansion with central government support, leading to a proliferation of 5G-based industrial IoT and smart city projects.Japan, known for its early adoption of technology, has been investing heavily in 5G infrastructure tied closely with preparations for events including the Olympics and broader consumer IoT services. The EMEA region exhibits diverse market dynamics characterized by regulatory initiatives, including, the 5G Action Plan, aimed at ensuring rapid deployment of 5G across member countries and addressing customer needs for advanced IoT applications. EU's Horizon Europe program further underlines the commitment to invest in 5G research. The Middle East, with countries including the UAE and Saudi Arabia, exhibits high consumer demand for IoT applications powered by 5G, investing significantly in smart city and healthcare innovations. Conversely, the African market is at a nascent stage with slower 5G rollout, but shows potential, especially in sectors such as agriculture and transportation, driven by the gradual implementation of smart technologies.FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the 5G in IoT Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the 5G in IoT Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the 5G in IoT Market, highlighting leading vendors and their innovative profiles. These include AT&T Inc., BCE Inc., BT Group PLC, Capgemini SE, China Mobile Limited, Cisco Systems, Inc., e& etisalat and, F5, Inc., Huawei Investment & Holding Co., Ltd., Juniper Networks, Inc., KDDI Corporation, NEC Corporation, Nokia Corporation, QUALCOMM Incorporated, Reliance Jio Infocomm Ltd., Rogers Communications Inc., Sequans Communications, Sierra Wireless, Inc. by Semtech Corporation, SIMCom Wireless Solutions Limited, Sunrise Communications AG, T-Mobile US, Inc., Telefonaktiebolaget LM Ericsson, Telefónica S.A., Telstra Corporation Limited, u-blox AG, Verizon Communications Inc., and Vodafone Idea Limited.Market Segmentation & Coverage
This research report categorizes the 5G in IoT Market to forecast the revenues and analyze trends in each of the following sub-markets:- Range
- Short-Range IoT Device
- Wide-Range IoT Device
- Technology
- 5G New Radio Non-Standalone Architecture
- 5G New Radio Standalone Architecture
- Component
- Connectivity
- Hardware
- Platform
- Services
- Managed Services
- Professional Services
- Industry
- Aerospace & Defence
- Energy & Utilities
- Government & Public Sector
- Healthcare & Life Sciences
- Manufacturing
- Transportation & Logistics
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as
- What is the market size and forecast of the 5G in IoT Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the 5G in IoT Market?
- What are the technology trends and regulatory frameworks in the 5G in IoT Market?
- What is the market share of the leading vendors in the 5G in IoT Market?
- Which modes and strategic moves are suitable for entering the 5G in IoT Market?
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Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. 5G in IoT Market, by Range
7. 5G in IoT Market, by Technology
8. 5G in IoT Market, by Component
9. 5G in IoT Market, by Industry
10. Americas 5G in IoT Market
11. Asia-Pacific 5G in IoT Market
12. Europe, Middle East & Africa 5G in IoT Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
List of Figures
List of Tables
Companies Mentioned
- AT&T Inc.
- BCE Inc.
- BT Group PLC
- Capgemini SE
- China Mobile Limited
- Cisco Systems, Inc.
- e& etisalat and
- F5, Inc.
- Huawei Investment & Holding Co., Ltd.
- Juniper Networks, Inc.
- KDDI Corporation
- NEC Corporation
- Nokia Corporation
- QUALCOMM Incorporated
- Reliance Jio Infocomm Ltd.
- Rogers Communications Inc.
- Sequans Communications
- Sierra Wireless, Inc. by Semtech Corporation
- SIMCom Wireless Solutions Limited
- Sunrise Communications AG
- T-Mobile US, Inc.
- Telefonaktiebolaget LM Ericsson
- Telefónica S.A.
- Telstra Corporation Limited
- u-blox AG
- Verizon Communications Inc.
- Vodafone Idea Limited
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 196 |
| Published | March 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 6.5 Billion |
| Forecasted Market Value ( USD | $ 41.5 Billion |
| Compound Annual Growth Rate | 29.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 27 |
