5G Network provides a smooth communication and networking functions and works under a wireless high-frequency technology. In addition, the technology provides an advanced, improved flexibility of wireless services, higher network speed, and reduced latency. IoT devices such as wireless sensors, computer devices, software, actuators, and others largely depend on prompt communication and data transfer services, which is provided through this technology.
5GIoT Market contains market size and forecasts of 5G in IoT in Global, including the following market information:
- Global 5G in IoT Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global top five companies in 2021 (%)
The global 5G in IoT market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
- The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
- By Radio Technology Segment to Reach $ Million by 2028, with a % CAGR in next six years.
- The global key manufacturers of 5G in IoT include Anritsu Corporation, Ericsson, AT&T, BT Group, Bell Canada, Etisalat, Huawei, Nokia and Palo Alto Networks, Inc, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
- We surveyed the 5G in IoT companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global 5G in IoT Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global 5G in IoT Market Segment Percentages, by Type, 2021 (%)
By Radio Technology
- 5G NR Standalone Architecture
- 5G NR Non-Standalone Architecture
By Range
- Short Range IoT Devices
- Wide Range IoT Devices
Global 5G in IoT Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global 5G in IoT Market Segment Percentages, by Application, 2021 (%)
- Manufacturing
- Energy and Utilities
- Government
- Healthcare
- Transportation and Logistics
- Mining
- Others
Global 5G in IoT Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global 5G in IoT Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies 5G in IoT revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies 5G in IoT revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Anritsu Corporation
- Ericsson
- AT&T
- BT Group
- Bell Canada
- Etisalat
- Huawei
- Nokia
- Palo Alto Networks, Inc
- T-Mobile
- Qualcomm Technologies, Inc
- Telefonica
- Telenor Group
- Telstra
- Verizon
- Vodafone