Rising Demand for Internet Connectivity With High Reliability is Expected to Boost the Growth of the 5G IoT Market During the Forecast Period

MRFR Press Release/- Market Research Future has published a Half-Cooked Research Report on the Global 5G IoT Market.


Market Overview


According to Market Research Future, the Global 5G IoT Market has been segmented based on Service, Technology, Type, Vertical, and Region.


The 5G IoT services are next-generation wireless connectivity services that provide a higher speed of data transfer and connectivity with lower latency than previous generations. 5G network capabilities enable production systems and machines to work seamlessly through wireless networking, thereby enhancing flexibility and efficiency. These services have wide scope across industry verticals, including consumer electronics, automotive, railways, mining, utilities, healthcare, agriculture, and manufacturing.


By services, the global 5G IoT market has been segmented into enhanced mobile broadband (eMBB), ultra-reliable low latency communications (URLLC), and massive machine type communications (mMTC).


By technology, the global 5G IoT market has been divided into 5G new radio (NR) standalone architecture and 5G new radio (NR) non-standalone architecture. 5G new radio (NR) standalone architecture enables mobile network operators to utilize their existing core network instead of deploying a new set of technologies for 5G services.


Based on type, the global 5G IoT market has been divided into short-range IoT devices and wide-range IoT devices. The wide-range IoT devices segment is expected to register the higher CAGR during the forecast period mainly due to the increasing adoption of smart wearable devices, asset tracking applications, increasing initiatives in smart city projects from governments, smart metering, and smart manufacturing.


Based on vertical, the global 5G IoT market has been classified into consumer electronics, automotive, railways, mining, utilities, healthcare, agriculture, manufacturing, and others. The consumer electronics and manufacturing verticals are expected to grow the fastest during the forecast period as the increasing adoption among manufacturing organizations and surging adoption of connected devices.


The global 5G IoT market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.


Regional Analysis


By region, the global 5G IoT market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America is expected to be the largest regional market due to the presence of a large number of 5G IoT service providers in the region.


Key Players


The key players operating in the global 5G IoT market include Telefonaktiebolaget LM Ericsson (Sweden), Nokia (Finland), Huawei Technologies Co., Ltd. (China), AT&T (US), Verizon (US), T-Mobile USA, INC (US), Telefónica S.A (Spain), BT (UK), Vodafone Limited (UK), Telstra Group (Australia), Etisalat (UAE), Qualcomm Technologies, Inc. (US), Sierra Wireless (Canada), Bell Canada (Canada), Singtel (Singapore), and Rogers Communications Inc. (Canada).

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Report details
Companies Covered 15
Pages 100
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.