Market Overview:
The global 5G IoT market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for 5G connectivity and rising number of connected devices. In addition, the growing trend of industrial automation and increasing adoption of IoT in various industries are also contributing to the growth of this market. The global 5G IoT market is segmented on the basis of type, application, and region. On the basis of type, it is divided into short-range IoT devices and wide-range IoT devices. The short-range IoT devices segment is further classified into sensors, actuators, RFID tags/ readers, smart cards/ tokens etc., while wide-range IoT devices include smartphones/tablets, laptops etc. On the basis of application, it is divided into manufacturing sector energy & utilities sector healthcare sector government sector others (retailers & transportation). Region wise; it covers North America Latin America Europe Asia Pacific Middle East & Africa (MEA).
Product Definition:
5G IoT is the fifth generation of cellular technology which provides internet-of-things (IoT) capabilities. 5G allows for low latency and high bandwidth connections, making it perfect for connecting devices to the internet. 5G IoT is important because it will allow businesses to connect more devices and collect more data than ever before. This will enable businesses to improve their operations, increase efficiency, and make smarter decisions.
Short-Range IoT Devices:
Short-range IoT devices are those that operate within a range of 5 meters. The growth factor for short-range IoT devices is increasing the need for connectivity and decreasing cost of technology. In addition, the growing use cases such as smart parking, smart metering, home security systems with video monitoring among others are expected to drive the market over the forecast period.
The key players in this space include Amazon Web Services Inc., Google LLC.
Wide-Range IoT Devices:
Wide-range IoT devices are the ones that cover long distances over the network. The term “wide-range” is used for differentiating them from a regular connected device. These types of devices are majorly used in industrial applications and can be categorized into two groups: active and passive wide-range IoT devices.
Passive wide-range IoT device does not have any intelligence; it just reacts to external stimuli such as temperature, pressure, position, etc.
Application Insights:
The manufacturing application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The IoT devices in this industry use various sensors, actuators, and other components to collect data from different parts of a factory floor and transfer it via wireless communication technologies to the cloud for analysis. The collected data helps improve production processes as well as increase operational efficiency by reducing wastage, improving inventory management, tracking machine health & status etc. These benefits are estimated to drive demand over the coming years.
The healthcare segment is anticipated register notable growth during the forecast period owing to increasing adoption of connected medical devices across hospitals and clinics worldwide.
Regional Analysis:
The North American regional market is anticipated to dominate the global 5G IoT industry over the forecast period. This can be attributed to early adoption of technologies and increasing investments in R&D. The region is expected to witness a CAGR of XX% from 2018 to 2030, in terms of revenue generation, owing to increased spending on data analytics and M2M solutions.
The Asia Pacific regional market also presents significant growth opportunities for vendors operating within the 5G IoT space. Increasing disposable income levels coupled with rising penetration of smartphones are some key factors driving demand within this region. Additionally, growing industrialization along with government initiatives aimed at improving operational efficiency are poised to drive demand across several industries in APAC during the forecast period – particularly manufacturing and energy & utilities sectors where smart factories have already been implemented successfully across China, Japan, South Korea, India among other countries worldwide (Europe).
Growth Factors:
- Increased demand for data-driven services and applications: The massive increase in data traffic is expected to be a key driver for 5G IoT market growth. With the advent of 5G, there will be a surge in demand for data-driven services and applications that can handle large amounts of real-time data. This will create opportunities for new players to enter the market and offer innovative solutions.
- Proliferation of connected devices: The number of connected devices is expected to grow exponentially with the rollout of 5G networks. This will create opportunities for service providers, Original Equipment Manufacturers (OEMs), and application developers to develop new use cases and business models that can take advantage of the increased connectivity.
- Improved performance and lower latency: One of the key advantages offered by 5G networks is improved performance coupled with low latency times. This will enable a wide range of new use cases such as autonomous vehicles, smart cities, etc., which require fast response times and high reliability levels from their underlying infrastructure components .
Scope Of The Report
Report Attributes
Report Details
Report Title
5G IoT Market Research Report
By Type
Short-Range IoT Devices, Wide-Range IoT Devices
By Application
Manufacturing, Energy & Utilities, Healthcare, Government, Others
By Companies
Ericsson (Sweden), Nokia (Finland), Huawei (China), AT&T (US), Verizon (US), Sprint (US), Telefónica (Spain), BT Group (UK), Vodafone (UK), Telstra (Australia), Etisalat (UAE), Telus (Canada), Bell Canada (Canada), Singtel (Singapore), Rogers (Canada)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global 5G IoT Market Report Segments:
The global 5G IoT market is segmented on the basis of:
Types
Short-Range IoT Devices, Wide-Range IoT Devices
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Manufacturing, Energy & Utilities, Healthcare, Government, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ericsson (Sweden)
- Nokia (Finland)
- Huawei (China)
- AT&T (US)
- Verizon (US)
- Sprint (US)
- Telefónica (Spain)
- BT Group (UK)
- Vodafone (UK)
- Telstra (Australia)
- Etisalat (UAE)
- Telus (Canada)
- Bell Canada (Canada)
- Singtel (Singapore)
- Rogers (Canada)
Highlights of The 5G IoT Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Short-Range IoT Devices
- Wide-Range IoT Devices
- By Application:
- Manufacturing
- Energy & Utilities
- Healthcare
- Government
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 5G IoT Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
5G IoT is a term used to describe the next generation of wireless technology. It refers to the use of 5G networks for connecting devices and sensors together. This allows for more efficient communication between these devices, which can lead to improved performance and increased efficiency.
Some of the major companies in the 5g iot market are Ericsson (Sweden), Nokia (Finland), Huawei (China), AT&T (US), Verizon (US), Sprint (US), Telef³nica (Spain), BT Group (UK), Vodafone (UK), Telstra (Australia), Etisalat (UAE), Telus (Canada), Bell Canada (Canada), Singtel (Singapore), Rogers (Canada).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 5G IoT Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 5G IoT Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 5G IoT Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 5G IoT Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 5G IoT Market Size & Forecast, 2018-2028
4.5.1 5G IoT Market Size and Y-o-Y Growth
4.5.2 5G IoT Market Absolute $ Opportunity
Chapter 5 Global 5G IoT Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 5G IoT Market Size Forecast by Type
5.2.1 Short-Range IoT Devices
5.2.2 Wide-Range IoT Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 5G IoT Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 5G IoT Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 Energy & Utilities
6.2.3 Healthcare
6.2.4 Government
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 5G IoT Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 5G IoT Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America 5G IoT Analysis and Forecast
9.1 Introduction
9.2 North America 5G IoT Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America 5G IoT Market Size Forecast by Type
9.6.1 Short-Range IoT Devices
9.6.2 Wide-Range IoT Devices
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America 5G IoT Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 Energy & Utilities
9.10.3 Healthcare
9.10.4 Government
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe 5G IoT Analysis and Forecast
10.1 Introduction
10.2 Europe 5G IoT Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe 5G IoT Market Size Forecast by Type
10.6.1 Short-Range IoT Devices
10.6.2 Wide-Range IoT Devices
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe 5G IoT Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 Energy & Utilities
10.10.3 Healthcare
10.10.4 Government
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific 5G IoT Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 5G IoT Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific 5G IoT Market Size Forecast by Type
11.6.1 Short-Range IoT Devices
11.6.2 Wide-Range IoT Devices
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific 5G IoT Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 Energy & Utilities
11.10.3 Healthcare
11.10.4 Government
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America 5G IoT Analysis and Forecast
12.1 Introduction
12.2 Latin America 5G IoT Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America 5G IoT Market Size Forecast by Type
12.6.1 Short-Range IoT Devices
12.6.2 Wide-Range IoT Devices
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America 5G IoT Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 Energy & Utilities
12.10.3 Healthcare
12.10.4 Government
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) 5G IoT Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 5G IoT Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) 5G IoT Market Size Forecast by Type
13.6.1 Short-Range IoT Devices
13.6.2 Wide-Range IoT Devices
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) 5G IoT Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 Energy & Utilities
13.10.3 Healthcare
13.10.4 Government
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 5G IoT Market: Competitive Dashboard
14.2 Global 5G IoT Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ericsson (Sweden)
14.3.2 Nokia (Finland)
14.3.3 Huawei (China)
14.3.4 AT&T (US)
14.3.5 Verizon (US)
14.3.6 Sprint (US)
14.3.7 Telefónica (Spain)
14.3.8 BT Group (UK)
14.3.9 Vodafone (UK)
14.3.10 Telstra (Australia)
14.3.11 Etisalat (UAE)
14.3.12 Telus (Canada)
14.3.13 Bell Canada (Canada)
14.3.14 Singtel (Singapore)
14.3.15 Rogers (Canada)
