FEATURED COMPANIES
- AT&T
- BT Group
- Etisalat
- Nokia
- Singtel
- Telefónica
Global 5G IoT Market to Reach $11.3 Billion by 2027
Amid the COVID-19 crisis, the global market for 5G IoT estimated at US$677.4 Million in the year 2020, is projected to reach a revised size of US$11.3 Billion by 2027, growing at a CAGR of 49.5% over the period 2020-2027. 5G NR Standalone Architecture, one of the segments analyzed in the report, is projected to record 51% CAGR and reach US$8.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the 5G NR Non-Standalone Architecture segment is readjusted to a revised 46.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $206.2 Million, While China is Forecast to Grow at 47.1% CAGR
The 5G IoT market in the U.S. is estimated at US$206.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2027 trailing a CAGR of 47% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 44.4% and 41.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 32.7% CAGR.
Select Competitors (Total 36 Featured):
Amid the COVID-19 crisis, the global market for 5G IoT estimated at US$677.4 Million in the year 2020, is projected to reach a revised size of US$11.3 Billion by 2027, growing at a CAGR of 49.5% over the period 2020-2027. 5G NR Standalone Architecture, one of the segments analyzed in the report, is projected to record 51% CAGR and reach US$8.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the 5G NR Non-Standalone Architecture segment is readjusted to a revised 46.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $206.2 Million, While China is Forecast to Grow at 47.1% CAGR
The 5G IoT market in the U.S. is estimated at US$206.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2027 trailing a CAGR of 47% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 44.4% and 41.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 32.7% CAGR.
Select Competitors (Total 36 Featured):
- AT&T
- Bell Canada
- BT Group
- Ericsson
- Etisalat
- Huawei
- Nokia
- Rogers
- Singtel
- Sprint
- Telefónica
- Telstra
- Telus
- Verizon
- Vodafone
Frequently Asked Questions about the Global Market for 5G IoT
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FEATURED COMPANIES
- AT&T
- BT Group
- Etisalat
- Nokia
- Singtel
- Telefónica
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
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A selection of companies mentioned in this report includes:
- AT&T
- Bell Canada
- BT Group
- Ericsson
- Etisalat
- Huawei
- Nokia
- Rogers
- Singtel
- Sprint
- Telefónica
- Telstra
- Telus
- Verizon
- Vodafone
Note: Product cover images may vary from those shown