According to HTF MI, “Global 5G IoT Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030”. The Global 5G IoT Market is anticipated to grow at a compound annual growth rate (CAGR) of 79.1% from 2024 to 2030, reaching USD 0.5 Billion in 2024 and USD 15.7 Billion by 2030.
5G IoT refers to the integration of 5G technology with the Internet of Things (IoT) ecosystem.
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Key and developing players who have been highlighted as part of the coverage include Ericsson (Sweden), Nokia (Finland), Huawei (China), AT&T (United States), Verizon (United States), Sprint (United States), Telefónica (Spain), BT Group (United Kingdom), Vodafone (United Kingdom), Telstra (Australia), Etisalat (UAE), Telus (Canada), Bell Canada (Canada), Singtel (Singapore), Rogers (Canada)..
5G IoT
Market Breakdown by Applications:
- Short-Range IoT Devices, Wide-Range IoT Devices
Market Breakdown by Types:
- Manufacturing, Energy & Utilities, Healthcare, Government
Market Drivers
- High-speed, low-latency connectivity provided by 5G networks.
Market Trend
- Increasing adoption of 5G networks for IoT applications.
Market Opportunities
- Expansion of smart city initiatives.
Market Restraints
- Infrastructure investment required for deploying 5G networks.
Market Challenges
- Integration of diverse IoT devices and platforms.
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Key Market Segmentation:
The report has categorized the 5G IoT market based on type, distribution channel, and region.
Report Scope
The Market size value in 2024 (USD 0.5 Billion)
Revenue Forecast by 2033 (USD 15.7 Billion)
Growth Rate CAGR Of (79.1%)
Historical Years (2019-2023)
Base Year (2023)
Estimated Year (2024)
Short-Term Projection Year (2030)
Regions Covered (North America, Europe, the Middle East and Africa, Latin America, and the rest of the world)
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Note: With the help of the Growth Overview Charts, Historical Period Analysis, Forecast Period Analysis, Main Market Segmentation, Leading Key Market Players, TOC, List of Figures, and List of Tables in this report, you can get a thorough overview of the market.
Competitive Landscape:
Along with studying the profiles of the key players, the industry’s competitive environment has also been examined. Players profiled are Ericsson (Sweden), Nokia (Finland), Huawei (China), AT&T (United States), Verizon (United States), Sprint (United States), Telefónica (Spain), BT Group (United Kingdom), Vodafone (United Kingdom), Telstra (Australia), Etisalat (UAE), Telus (Canada), Bell Canada (Canada), Singtel (Singapore), Rogers (Canada).
Key highlights of the report:
- 5G IoT Market Performance (2019-2023)
- 5G IoT Market Outlook (2024-2030)
- 5G IoT Market Trends
- 5G IoT Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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