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    Canada 5G IoT Market

    ID: MRFR/ICT/56782-HCR
    200 Pages
    Aarti Dhapte
    October 2025

    Canada 5G IoT Market Research Report By Service (Enhanced Mobile Broadband, Ultra-Reliable Low Latency Communications, Massive Machine Type Communications), By Technology (5G New Radio Standalone Architecture, 5G New Radio Non-Standalone Architecture), By Type (Short-Range IoT Devices, Wide-Range IoT Devices) and By Vertical (Consumer Electronics, Automotive, Railway, Mining, Utilities, Healthcare, Agriculture, Manufacturing)-Forecast to 2035

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    Canada 5G IoT Market Infographic
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    Canada 5G IoT Market Summary

    As per MRFR analysis, the 5G IoT Market Size was estimated at 192.6 USD Million in 2024. The 5G IoT Market is projected to grow from 206.2 USD Million in 2025 to 408.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 7.06% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Canada 5G IoT Market is poised for substantial growth driven by technological advancements and increasing consumer demand.

    • The market is witnessing an increased adoption of smart devices across various sectors.
    • Enhanced connectivity solutions are becoming essential for both urban and industrial applications.
    • Sustainable practices are gaining traction as companies seek to minimize their environmental impact.
    • The expansion of 5G infrastructure and rising demand for smart cities are key drivers propelling market growth.

    Market Size & Forecast

    2024 Market Size 192.6 (USD Million)
    2035 Market Size 408.0 (USD Million)

    Major Players

    Qualcomm (US), Huawei (CN), Ericsson (SE), Nokia (FI), Samsung (KR), Cisco (US), Intel (US), ZTE (CN), AT&T (US)

    Canada 5G IoT Market Trends

    The 5G IoT Market is currently experiencing a transformative phase, driven by advancements in connectivity and the increasing demand for smart devices. In Canada, the deployment of 5g networks is facilitating the integration of Internet of Things (IoT) technologies across various sectors, including healthcare, agriculture, and transportation. This enhanced connectivity is enabling real-time data exchange, which is crucial for optimizing operations and improving efficiency. As industries adopt these technologies, the potential for innovation appears boundless, suggesting a robust growth trajectory for the market. Moreover, the Canadian government is actively promoting initiatives to support the development of 5g infrastructure. Investments in research and development are likely to foster collaboration between public and private sectors, further accelerating the adoption of IoT solutions. The emphasis on smart cities and sustainable practices indicates a shift towards more connected and efficient urban environments. As the 5G IoT Market continues to evolve, it may play a pivotal role in shaping the future of technology and connectivity in Canada.

    Increased Adoption of Smart Devices

    The trend towards the adoption of smart devices is gaining momentum within the 5g iot market. As consumers and businesses recognize the benefits of connected technologies, the demand for smart home devices, wearables, and industrial IoT applications is likely to rise. This shift is expected to enhance user experiences and streamline operations across various sectors.

    Enhanced Connectivity Solutions

    The development of enhanced connectivity solutions is a key trend in the 5g iot market. With the rollout of advanced 5g networks, the ability to support a higher density of connected devices is becoming a reality. This improvement in connectivity is anticipated to facilitate the growth of IoT applications, enabling seamless communication and data transfer.

    Focus on Sustainable Practices

    A growing emphasis on sustainable practices is emerging within the 5g iot market. As organizations seek to reduce their environmental impact, IoT technologies are being leveraged to optimize resource usage and improve energy efficiency. This trend suggests a potential alignment between technological advancement and environmental stewardship.

    Canada 5G IoT Market Drivers

    Expansion of 5G Infrastructure

    The ongoing expansion of 5G infrastructure in Canada is a pivotal driver for the 5G IoT Market. As telecommunications companies invest heavily in upgrading their networks, the availability of high-speed connectivity is set to increase significantly. This expansion is expected to enhance the performance of IoT devices, enabling real-time data processing and communication. According to recent estimates, the investment in 5G infrastructure could reach approximately $26 billion by 2026. This influx of capital is likely to facilitate the deployment of advanced IoT applications across various sectors, including healthcare, agriculture, and smart cities. Consequently, the growth of 5G infrastructure is anticipated to create a robust ecosystem for the 5g iot market, fostering innovation and driving adoption among businesses and consumers alike.

    Rising Demand for Smart Cities

    The increasing focus on developing smart cities in Canada is a crucial driver for the 5g iot market. Urban areas are experiencing rapid population growth, leading to a pressing need for efficient infrastructure and services. The integration of IoT technologies within smart city frameworks is expected to enhance urban management, improve public safety, and optimize resource allocation. For example, the implementation of smart traffic management systems can reduce congestion and improve air quality. As municipalities invest in these technologies, the demand for 5G connectivity to support real-time data transmission is likely to surge. This trend indicates a robust growth trajectory for the 5g iot market, as cities strive to become more sustainable and livable through advanced technological solutions.

    Government Initiatives and Support

    Government initiatives aimed at promoting the adoption of 5G technology are significantly influencing the 5g iot market. Canadian authorities have recognized the potential of 5G to drive economic growth and innovation. Programs designed to support research and development in IoT technologies are being implemented, with funding allocations reaching millions of dollars. For instance, the Canadian government has committed to investing in digital infrastructure, which is expected to bolster the 5g iot market. These initiatives not only provide financial backing but also create a favorable regulatory environment that encourages private sector investment. As a result, the synergy between government support and private innovation is likely to accelerate the deployment of IoT solutions, enhancing the overall market landscape.

    Increased Focus on Industrial Automation

    The shift towards industrial automation in Canada is driving the growth of the 5g iot market. Industries are increasingly adopting IoT solutions to enhance operational efficiency, reduce costs, and improve productivity. The ability of 5G networks to support a vast number of connected devices with low latency is particularly advantageous for manufacturing and logistics sectors. Reports suggest that the industrial IoT market could reach $1 trillion by 2025, with a significant portion attributed to 5G-enabled applications. This trend indicates that as industries embrace automation, the demand for reliable and high-speed connectivity will intensify, further propelling the 5g iot market forward.

    Consumer Demand for Enhanced Connectivity

    The growing consumer demand for enhanced connectivity is a notable driver of the 5g iot market. As Canadians increasingly rely on connected devices for daily activities, the need for seamless and fast internet access becomes paramount. The proliferation of smart home devices, wearables, and connected vehicles is pushing consumers to seek out 5G solutions that offer superior performance. Market analysis indicates that the number of connected devices in Canada is projected to exceed 100 million by 2025. This surge in demand is likely to encourage service providers to expand their 5G offerings, thereby stimulating growth in the 5g iot market. The interplay between consumer expectations and technological advancements is expected to shape the future landscape of connectivity in Canada.

    Market Segment Insights

    Canada 5G IoT Market Segment Insights

    Canada 5G IoT Market Segment Insights

    5G IoT Market Service Insights

    5G IoT Market Service Insights

    The Service segment of the Canada 5G IoT Market is a critical component driving innovation and connectivity across various industries. This segment encompasses Enhanced Mobile Broadband, Ultra-Reliable Low Latency Communications, and Massive Machine Type Communications, each playing a vital role in shaping the future of IoT applications.

    Enhanced Mobile Broadband is essential for providing high data rates and seamless connectivity to users, enabling robust mobile experiences such as virtual reality and high-definition streaming.

    This application is especially significant in Canada’s urban areas, where demand for mobile data continues to rise. Ultra-Reliable Low Latency Communications is increasingly important for applications requiring instantaneous feedback and high reliability, such as remote medical surgeries and autonomous vehicles.

    The significance of this technology is highlighted by investments in smart city initiatives across Canadian municipalities, aiming to improve public safety and transportation systems.

    The growth drivers for this Service segment include advancements in network infrastructure, increased adoption of IoT solutions, and the rising need for automation across different industries. As organizations leverage these advancements in services, the ability to harness real-time data insights will be greatly enhanced, leading to more efficient operations.

    Overall, the Canadian government is actively promoting the expansion of 5G networks, recognizing the potential economic benefits and technological advancements that can stem from these services.

    This strategic initiative aligns with the broader goals of enhancing Canada’s digital economy and ensuring that the nation remains competitive on a global scale. As the industry progresses, the continuous evolution of services within the Canada 5G IoT Market will significantly impact urban planning, healthcare delivery, and industrial processes, making it a pivotal area to watch in the coming years.

    5G IoT Market Technology Insights

    5G IoT Market Technology Insights

    The Technology segment of the Canada 5G IoT Market is characterized by a dynamic landscape that includes key components such as 5G New Radio Standalone Architecture and 5G New Radio Non-Standalone Architecture.

    The 5G New Radio Standalone Architecture is gaining traction due to its ability to provide enhanced network efficiency and interoperability, enabling a robust environment for IoT applications. This architecture facilitates direct connection to the 5G core, allowing for lower latency and improved performance, which is crucial for industries like autonomous vehicles and smart cities.

    On the other hand, the 5G New Radio Non-Standalone Architecture serves as a transitional solution, leveraging existing 4G infrastructure while incorporating 5G capabilities. This offers a faster route to market for telecommunications operators seeking to enhance service quality without complete infrastructure overhauls.

    Overall, the advancements in these technologies reflect the increasing demand for faster, more reliable connectivity, driven by the rise of IoT devices across various sectors in Canada, presenting significant opportunities for growth and innovation in this market.As the deployment of 5G networks continues to advance, these architectures will play pivotal roles in shaping the future of connectivity in the region.

    5G IoT Market Type Insights

    5G IoT Market Type Insights

    The Canada 5G IoT Market is undergoing a transformative phase, particularly in the Type segment, which encompasses Short-Range IoT Devices and Wide-Range IoT Devices. Short-Range IoT Devices, including wearables and smart home gadgets, are known for their efficiency and ability to transmit data over fixed distances, catering to personal and urban applications.

    The significance of these devices in a densely populated country like Canada is highlighted by their role in enhancing daily life and improving energy management within homes and businesses.On the other hand, Wide-Range IoT Devices, typically utilized in industrial applications and smart city implementations, greatly expand connectivity capabilities over vast areas.

    As Canada cautiously embraces technology deployment, the increasing demand for improved network speed and reliability from 5G contributes to the growth of both segments.

    Challenges such as data privacy and network security remain pivotal as the country strives towards a digitally connected ecosystem. The rising focus on sustainability and smart solutions in cities presents myriad opportunities, reinforcing the importance of the 5G IoT Market segmentation in Canada’s technological landscape.

    5G IoT Market Vertical Insights

    5G IoT Market Vertical Insights

    The Canada 5G IoT Market is shaping up with diverse applications across several key verticals. In the realm of Consumer Electronics, the demand for smart devices is driving growth as connectivity improves, enabling enhanced user experiences and functionality. The Automotive sector is significantly impacted as 5G technology facilitates advancements in autonomous vehicles and connected car solutions, thereby enhancing safety and efficiency on the roads.

    The Railway industry is benefitting as well, implementing IoT solutions for real-time monitoring and predictive maintenance, thus ensuring safety and reliability. Mining operations experience digitization through 5G connectivity, leading to better resource management and operational efficiency in remote locations. Meanwhile, the Utilities sector is leveraging this technology to implement smart grids, enhancing energy distribution and consumption efficiency.

    The Healthcare vertical is revolutionized by telemedicine and remote monitoring solutions that allow for improved patient care and resource management within hospitals.

    Agriculture sees growth with precision farming techniques, utilizing IoT for monitoring crop health and optimizing supply chains. Lastly, Manufacturing benefits from connected factories as IoT integration streamlines processes and encourages automation. Collectively, these verticals represent significant opportunities for growth and advancement, driving the overall development of the Canada 5G IoT Market.

    Get more detailed insights about Canada 5G IoT Market

    Key Players and Competitive Insights

    The competitive dynamics within the 5g iot market are characterized by rapid technological advancements and a growing emphasis on connectivity solutions. Key growth drivers include the increasing demand for smart devices, enhanced network capabilities, and the proliferation of IoT applications across various sectors. Major players such as Qualcomm (US), Huawei (CN), and Ericsson (SE) are strategically positioned to leverage their technological expertise and extensive portfolios. Qualcomm (US) focuses on innovation in semiconductor technology, while Huawei (CN) emphasizes its global reach and comprehensive solutions. Ericsson (SE) is committed to expanding its network infrastructure and services, thereby shaping a competitive environment that is increasingly reliant on technological differentiation and strategic partnerships.

    Key business tactics employed by these companies include localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure appears moderately fragmented, with several key players exerting considerable influence. This fragmentation allows for a diverse range of offerings, yet the collective impact of these major companies drives a competitive landscape that is both dynamic and challenging.

    In October 2025, Qualcomm (US) announced a partnership with a leading Canadian telecommunications provider to enhance 5g connectivity in urban areas. This strategic move is likely to bolster Qualcomm's presence in the Canadian market, enabling it to capitalize on the growing demand for high-speed internet and IoT applications. The partnership underscores Qualcomm's commitment to innovation and its focus on expanding its operational footprint in key regions.

    In September 2025, Huawei (CN) launched a new suite of IoT solutions tailored for smart cities, aiming to improve urban infrastructure and connectivity. This initiative reflects Huawei's strategic focus on digital transformation and its intent to position itself as a leader in the smart city domain. By addressing the specific needs of urban environments, Huawei is likely to enhance its competitive edge and foster long-term partnerships with municipal governments.

    In August 2025, Ericsson (SE) unveiled a new 5g network slicing technology designed to optimize resource allocation for IoT applications. This innovation is significant as it allows for tailored connectivity solutions that can meet the diverse needs of various industries. Ericsson's focus on technological advancement positions it favorably in a market that increasingly values customized solutions and efficient resource management.

    As of November 2025, current trends in the competitive landscape include a pronounced shift towards digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming increasingly vital, as companies seek to enhance their capabilities and market reach. The competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability. This shift suggests that companies that prioritize these aspects will be better positioned to thrive in the evolving 5g iot market.

    Key Companies in the Canada 5G IoT Market market include

    Industry Developments

    Qualcomm has been enhancing its 5G technology offerings, focusing on improvements in connectivity solutions. Telus has announced multiple partnerships to facilitate the rollout of smart city initiatives utilizing 5G and IoT applications.

    Meanwhile, Bell Canada continues to expand its 5G network across metropolitan areas, increasing high-speed access for urban consumers and businesses.

    Additionally, in August 2023, Ericsson secured a contract with a Canadian telecommunications provider to enhance its 5G capabilities, signaling ongoing investments in infrastructure.

    In terms of mergers and acquisitions, no major public activities have been reported in the last few months among the targeted companies. The Canadian government continues to emphasize 5G as a critical component of its digital economy strategy, propelled by initiatives aimed at improving connectivity in underserved regions.

    Major players, including Huawei Technologies and Nokia, are also positioning themselves to benefit from growth in both public and private sectors, emphasizing the competitive landscape of the Canada 5G IoT Market. Overall, these movements reflect a rapidly evolving landscape critical to the implementation of digital innovations across Canada.

    Future Outlook

    Canada 5G IoT Market Future Outlook

    The 5G IoT market in Canada is projected to grow at a 7.06% CAGR from 2024 to 2035, driven by advancements in connectivity, automation, and smart technologies.

    New opportunities lie in:

    • Development of smart agriculture solutions leveraging IoT sensors for real-time data analysis.
    • Implementation of 5G-enabled telemedicine platforms to enhance remote healthcare services.
    • Creation of advanced logistics tracking systems utilizing IoT devices for supply chain optimization.

    By 2035, the 5G IoT market is expected to be robust, driven by innovative applications and increased adoption.

    Market Segmentation

    Canada 5G IoT Market Type Outlook

    • Enhanced Short-Range IoT Devices
    • Wide-Range IoT Devices

    Canada 5G IoT Market Service Outlook

    • Ultra-Reliable Low Latency Communications (URLLC)
    • Enhanced Mobile Broadband (EMBB)
    • Massive Machine Type Communications (MMTC)

    Canada 5G IoT Market Vertical Outlook

    • Consumer Electronics
    • Automotive
    • Railway
    • Mining
    • Utilities
    • Healthcare
    • Agriculture
    • Manufacturing

    Canada 5G IoT Market Technology Outlook

    • 5G New Radio (NR) Standalone Architecture
    • 5G New Radio (NR) Non-Standalone Architecture

    Report Scope

    MARKET SIZE 2024 192.6(USD Million)
    MARKET SIZE 2025 206.2(USD Million)
    MARKET SIZE 2035 408.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 7.06% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Qualcomm (US), Huawei (CN), Ericsson (SE), Nokia (FI), Samsung (KR), Cisco (US), Intel (US), ZTE (CN), AT&T (US)
    Segments Covered Service, Technology, Type, Vertical
    Key Market Opportunities Expansion of smart city initiatives drives demand in the 5g iot market.
    Key Market Dynamics Rapid advancements in technology drive competitive forces in the 5G IoT market, enhancing connectivity and efficiency.
    Countries Covered Canada

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    FAQs

    What is the projected market size of the Canada 5G IoT Market in 2024?

    In 2024, the Canada 5G IoT Market is expected to be valued at 192.6 million USD.

    What is the expected market size for the Canada 5G IoT Market by 2035?

    By 2035, the overall market is projected to reach 407.89 million USD.

    What is the anticipated compound annual growth rate (CAGR) for the Canada 5G IoT Market from 2025 to 2035?

    The Canada 5G IoT Market is expected to grow at a CAGR of 7.06 percent during the period from 2025 to 2035.

    What are the key services driving the Canada 5G IoT Market?

    The key services driving the market include Enhanced Mobile Broadband, Ultra-Reliable Low Latency Communications, and Massive Machine Type Communications.

    What is the market value for Enhanced Mobile Broadband within the Canada 5G IoT Market in 2024?

    In 2024, the market value for Enhanced Mobile Broadband is anticipated to be 76.56 million USD.

    What is the projected market size for Ultra-Reliable Low Latency Communications by 2035?

    By 2035, Ultra-Reliable Low Latency Communications is expected to grow to 102.25 million USD.

    Which companies are recognized as major players in the Canada 5G IoT Market?

    Major players in the market include Qualcomm, Samsung Electronics, Intel, and Bell Canada among others.

    What is the market value for Massive Machine Type Communications in 2024?

    In 2024, Massive Machine Type Communications is expected to be valued at 68.46 million USD.

    How does the market for the Canada 5G IoT Market vary between segments by 2035?

    By 2035, Enhanced Mobile Broadband is projected to reach 162.39 million USD, reflecting significant growth compared to other segments.

    What challenges might impact the growth of the Canada 5G IoT Market?

    Challenges in the market may include regulatory hurdles, technology integration complexities, and competition among major players.

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