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

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.
5G IoT Market
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.

5G IoT Market


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 coveredBy Component, By Enterprise size, By Network Type, By End User.
 Regions covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

 Companies CoveredAT & 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:
  • Services
  • Solution
  • Hardware
  • Software & Platform
  • By Enterprise size:
  • Large Enterprises
  • Small & Medium Sized Enterprises
  • By Network Type:
  • 5G NR Non-standalone architecture
  • 5G NR Standalone Architecture
  • By End User:
  • Agriculture
  • Energy & utilities
  • Government & Public Safety
  • Healthcare
  • Manufacturing
  • Transportation & Logistics
  • 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 report
    1.2. Market segment analysis

    2. Research Methodology
    2.1. Research data source
    2.1.1. Secondary Data
    2.1.2. Primary Data
    2.1.3. SPER’s internal database
    2.1.4. Premium insight from KOL’s
    2.2. Market size estimation
    2.2.1. Top-down and Bottom-up approach
    2.3. Data triangulation

    3. Executive Summary

    4. Market Dynamics
    4.1. Driver, Restraint, Opportunity and Challenges analysis
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.1.4. Challenges
    4.2. COVID-19 Impacts of the Global 5G IoT Market 

    5. Market variable and outlook
    5.1. SWOT Analysis
    5.1.1. Strengths
    5.1.2. Weaknesses
    5.1.3. Opportunities
    5.1.4. Threats
    5.2. PESTEL Analysis
    5.2.1. Political Landscape
    5.2.2. Economic Landscape
    5.2.3. Social Landscape
    5.2.4. Technological Landscape
    5.2.5. Environmental Landscape
    5.2.6. Legal Landscape
    5.3. PORTER’s Five Forces 
    5.3.1. Bargaining power of suppliers
    5.3.2. Bargaining power of buyers
    5.3.3. Threat of Substitute
    5.3.4. Threat of new entrant
    5.3.5. Competitive rivalry
    5.4. Heat Map Analysis

    6. Competitive Landscape
    6.1. Global 5G IoT Market Manufacturing Base Distribution, Sales Area, Product Type 
    6.2. 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, 2023-2033
    7.2. Services
    7.3. Solution
    7.3.1. Hardware
    7.3.2. 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, 2023-2033
    8.2. Large Enterprises
    8.3. 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, 2023-2033
    9.2. 5G NR Non-standalone architecture
    9.3. 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, 2023-2033
    10.2. Agriculture
    10.3. Energy & utilities
    10.4. Government & Public Safety
    10.5. Healthcare
    10.6. Manufacturing
    10.7. Transportation & Logistics
    10.8. 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)
    16.1. Global 5G IoT Market Size and Market Share By Region (2019-2026)
    16.2. Global 5G IoT Market Size and Market Share By Region (2027-2033) 16.3. Asia-Pacific
    16.3.1. Australia
    16.3.2. China
    16.3.3. India
    16.3.4. Japan
    16.3.5. South Korea
    16.3.6. Rest of Asia-Pacific
    16.4. Europe
    16.4.1. France
    16.4.2. Germany
    16.4.3. Italy
    16.4.4. Spain
    16.4.5. United Kingdom
    16.4.6. Rest of Europe
    16.5. Middle East and Africa
    16.5.1. Kingdom of Saudi Arabia 
    16.5.2. United Arab Emirates
    16.5.3. Rest of Middle East & Africa
    16.6. North America
    16.6.1. Canada
    16.6.2. Mexico
    16.6.3. United States
    16.7. Latin America
    16.7.1. Argentina
    16.7.2. Brazil
    16.7.3. Rest of Latin America 

    17. Company Profile
    17.1. AT & T Intellectual Property
    17.1.1. Company details
    17.1.2. Financial outlook
    17.1.3. Product summary 
    17.1.4. Recent developments
    17.2. Cisco
    17.2.1. Company details
    17.2.2. Financial outlook
    17.2.3. Product summary 
    17.2.4. Recent developments
    17.3. Huawei Technologies Co. Ltd.
    17.3.1. Company details
    17.3.2. Financial outlook
    17.3.3. Product summary 
    17.3.4. Recent developments
    17.4. Intel Technology
    17.4.1. Company details
    17.4.2. Financial outlook
    17.4.3. Product summary 
    17.4.4. Recent developments
    17.5. NEC Corporation
    17.5.1. Company details
    17.5.2. Financial outlook
    17.5.3. Product summary 
    17.5.4. Recent developments
    17.6. Nokia
    17.6.1. Company details
    17.6.2. Financial outlook
    17.6.3. Product summary 
    17.6.4. Recent developments
    17.7. Qualcomm Technologies, Inc.
    17.7.1. Company details
    17.7.2. Financial outlook
    17.7.3. Product summary 
    17.7.4. Recent developments
    17.8. Samsung Electronics Co. Ltd.
    17.8.1. Company details
    17.8.2. Financial outlook
    17.8.3. Product summary 
    17.8.4. Recent developments
    17.9. Telefonaktiebolaget LM Ericsson
    17.9.1. Company details
    17.9.2. Financial outlook
    17.9.3. Product summary 
    17.9.4. Recent developments
    17.10. ZTE Corporation
    17.10.1. Company details
    17.10.2. Financial outlook
    17.10.3. Product summary 
    17.10.4. Recent developments
    17.11. 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.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3


    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.
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