5G IoT Market Growth, Size, Trends, Demand, Revenue, Share, Competition and Future Outlook
Global 5G IoT Market Size- By Component, By Enterprise Size, By Network Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jan-2024 | Report ID: IACT2406 | Pages: 1 - 227 | Formats*: |
| Category : Information & Communications Technology | |||
5G IoT Market Introduction and Overview
According to SPER Market Research, the Global 5G IoT Market is estimated to reach USD 825.43 billion by 2033 with a CAGR of 70.1%.
The report includes an in-depth analysis of the Global 5G IoT Market, including market size and trends, product mix, applications, and supplier analysis. In the Internet of Things era, 5G network technology allows IoT devices to improve their performance and dependability. The introduction of a 5G-enabled Internet of Things aims to extend sensor-based Internet of Things capabilities to actuators, robots, and drones for dispersed coordination and low latency dependable job execution in hands. Furthermore, the ability to connect with other IoT devices, smartphones and tablets, computer programmes, and other devices is vital to the Internet of Things' commercial success. Because of 5G network technology, the Internet of Things can connect and transfer information faster than ever before, presenting opportunities for the 5G IoT market.
- January 2022: Verizon and Atos collaborated to power intelligent IoT solutions for consumers with private 5G multi-access edge computing. The 5G edge solution will change the way businesses influence predictive analytics. The solution will allow them to improve operational efficiency, reduce risk, and increase revenue.
- November 2022: T Mobile, Cradle point, and Bosch cooperated to use 5G Wireless WAN technology to provide advanced IoT connectivity solutions such as autonomous vehicles, robots, and AR/VR.
Market Opportunities and Challenges
Smart cities and smart buildings are conceptual models that are intended to supply a set of cutting-edge services and infrastructure. A smart city is one that uses its information and communication technology infrastructure to improve the quality of life and the efficiency of urban operations and services. Smart cities include smart transportation, smart buildings, smart utilities, and smart citizen services. As a result, the effective implementation of smart city initiatives is strongly reliant on the technologies that comprise IoT (data connectivity, cloud, mobility, and sensors). Because of the high need for fast connectivity and communication, 5G services may experience significant growth in the future.
Enterprises see 5G as a key enabler of their developing IoT strategies. IoT helps company operations by ensuring optimum asset usage, extending equipment service life, and increasing reliability and return on assets. However, IoT installations in diverse businesses necessitate significant upfront investments in hardware (sensors and gateways), connection, cloud storage, administrative labour, and technical support. Return on Investments (Roi’s) are subject to uncertainties. As a result, organisations must examine how quickly they can deliver new solutions and how long it will take for a solution to generate money. As a result, in many countries, SMEs are hesitant to spend the high initial expenses of IoT adoption, which can stifle market growth.
Market Competitive Landscape
To strengthen their market offers, market players have employed numerous organic and inorganic growth methods, such as new product releases, product upgrades, partnerships and agreements, business expansions, and mergers and acquisitions. The major players in the Global 5G IoT Market include: AT & T Intellectual Property, Cisco, Huawei Technologies Co. Ltd., Intel Technology., NEC Corporation, Nokia, Qualcomm Technologies, Inc., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, ZTE Corporation.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Component, By Enterprise size, By Network Type, By End User. |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | AT & T Intellectual Property, Cisco, Huawei Technologies Co. Ltd., Intel Technology., NEC Corporation, Nokia, Qualcomm Technologies, Inc., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, ZTE Corporation. |
COVID-19 Impact on Global 5G IoT Market
COVID-19's introduction has accelerated the expansion of the 5G Internet of Things industry in 2020. Furthermore, the 5G IoT market during COVID-19 was principally hampered by a lack of a professional skill force to roll out 5G network technology throughout emerging economies, which worked as a restricting factor for market expansion during COVID-19. However, the increased demand for Internet of Things-based smart infrastructure solutions such as smartphones is expected to be a major contributor in promoting market growth following the pandemic.
Key Target Audience:
- Manufacturing Industry
- Automotive Industry
- Telecommunication Providers
- Logistics and warehousing
- Technology and IT Companies
Our in-depth analysis of the 5G IoT Market includes the following segments:
| By Component: |
|
| By Enterprise size: |
|
| By Network Type: |
|
| By End User: |
|
Key Topics Covered in the Report:
- Global 5G IoT Market Size (FY’2023-FY’2033)
- Overview of Global 5G IoT Market
- Segmentation of Global 5G IoT Market By Component (Services, Solution)
- Segmentation of Global 5G IoT Market By Enterprise Size (Large Enterprises, Small & Medium Sized Enterprises)
- Segmentation of Global 5G IoT Market By Network Type (5G NR Non-standalone architecture, 5G NR Standalone Architecture)
- Segmentation of Global 5G IoT Market By End User (Agriculture, Energy & utilities, Government & Public Safety, Healthcare, Manufacturing, Transportation & Logistics, Others)
- Statistical Snap of Global 5G IoT Market
- Expansion Analysis of Global 5G IoT Market
- Problems and Obstacles in Global 5G IoT Market
- Competitive Landscape in the Global 5G IoT Market
- Impact of COVID-19 and Demonetization on Global 5G IoT Market
- Details on Current Investment in Global 5G IoT Market
- Competitive Analysis of Global 5G IoT Market
- Prominent Players in the Global 5G IoT Market
- SWOT Analysis of Global 5G IoT Market
- Global 5G IoT Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global 5G IoT Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global 5G IoT Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global 5G IoT Market
7. Global Autonomous Ships Market, By Component (USD Million)
7.1. Global 5G IoT Market Value Share and Forecast, By Component, 2023-20337.2. Services7.3. Solution7.3.1. Hardware7.3.2. Software & Platform
8. Global Autonomous Ships Market, By Enterprise size (USD Million)
8.1. Global 5G IoT Market Value Share and Forecast, By Enterprise Size, 2023-20338.2. Large Enterprises8.3. Small & Medium Sized Enterprises
9. Global Autonomous Ships Market, By Network Type (USD Million)
9.1. Global 5G IoT Market Value Share and Forecast, By Network Type, 2023-20339.2. 5G NR Non-standalone architecture9.3. 5G NR Standalone Architecture
10. Global Autonomous Ships Market, By End User (USD Million)
10.1. Global 5G IoT Market Value Share and Forecast, By End User, 2023-203310.2. Agriculture10.3. Energy & utilities10.4. Government & Public Safety10.5. Healthcare10.6. Manufacturing10.7. Transportation & Logistics10.8. Others
11. Global 5G IoT Market Forecast, 2019-2033 (USD Million)
11.1. Global 5G IoT Market Size and Market Share
12. Global Autonomous Ships Market, By Component 2019-2033 (USD Million)
12.1. Global 5G IoT Market Size and Market Share By Component (2019-2026)12.2. Global 5G IoT Market Size and Market Share By Component (2027-2033)
13. Global Autonomous Ships Market, By Enterprise Size, 2019-2033 (USD Million)
13.1. Global 5G IoT Market Size and Market Share By Enterprise Size (2019-2026)13.2. Global 5G IoT Market Size and Market Share By Enterprise Size (2027-2033)
14. Global Autonomous Ships Market, By Network Type, 2019-2033 (USD Million)
14.1. Global 5G IoT Market Size and Market Share By Network Type (2019-2026)14.2. Global 5G IoT Market Size and Market Share By Network Type (2027-2033)
15. Global Autonomous Ships Market, By End User, 2019-2033 (USD Million)
15.1. Global 5G IoT Market Size and Market Share By End User (2019-2026)15.2. Global 5G IoT Market Size and Market Share By End User (2027-2033)
16. Global Autonomous Ships Market, By Region, 2019-2033 (USD Million)
16.2. Global 5G IoT Market Size and Market Share By Region (2027-2033) 16.3. Asia-Pacific16.1. Global 5G IoT Market Size and Market Share By Region (2019-2026)
16.3.1. Australia16.3.2. China16.3.3. India16.3.4. Japan16.3.5. South Korea16.3.6. Rest of Asia-Pacific16.4. Europe16.4.1. France16.4.2. Germany16.4.3. Italy16.4.4. Spain16.4.5. United Kingdom16.4.6. Rest of Europe16.5. Middle East and Africa16.5.1. Kingdom of Saudi Arabia16.5.2. United Arab Emirates16.5.3. Rest of Middle East & Africa16.6. North America16.6.1. Canada16.6.2. Mexico16.6.3. United States16.7. Latin America16.7.1. Argentina16.7.2. Brazil16.7.3. Rest of Latin America
17. Company Profile
17.1. AT & T Intellectual Property17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments17.2. Cisco17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments17.3. Huawei Technologies Co. Ltd.17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments17.4. Intel Technology17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments17.5. NEC Corporation17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments17.6. Nokia17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments17.7. Qualcomm Technologies, Inc.17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments17.8. Samsung Electronics Co. Ltd.17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent developments17.9. Telefonaktiebolaget LM Ericsson17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent developments17.10. ZTE Corporation17.10.1. Company details17.10.2. Financial outlook17.10.3. Product summary17.10.4. Recent developments17.11. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
You can get the sample pages by clicking the link - Click Here
5G IoT Market size is USD 825.43 billion from 2023 to 2033.
5G IoT Market Segment is covered By Component, By Enterprise size, By Network Type, By End User.
The North America is anticipated to have the highest market share in the 5G IoT Market.
The key players in the market include Companies Covered AT & T Intellectual Property, Cisco, Huawei Technologies Co. Ltd., Intel Technology., NEC Corporation, Nokia, Qualcomm Technologies, Inc., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, ZTE Corporation..
Enterprises see 5G as a key enabler of their developing IoT strategies. IoT helps company operations by ensuring optimum asset usage, extending equipment service life, and increasing reliability and return on assets.
5G IoT Market is projected to reach USD 825.43 billion by 2033, growing at a CAGR of 70.1% during the forecast period.
5G IoT Marketsize from 2022. The Market is expected to reach USD 825.43 billion by 2033, at a CAGR of 70.1% during the forecast period.
5G IoT Market CAGR of 70.1% during the forecast period.
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
