Press release
5G Industrial IoT Market 2021 Strategic Assessments - ABB, Advantech, AT&T, Bosch, China Mobile, China Unicom, Cisco
The "5G Industrial IoT" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global 5G Industrial IoT Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles, product picture and specification, capacity, production, price, cost, revenue, and contact information. The 5G Industrial IoT Market report provides an in-depth study of SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization.The market size is expected to grow at 69.3% CAGR to surpass the industry revenue USD 7.8 billion by 2027.
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Top Companies in the Global 5G Industrial IoT Market: ABB, Advantech, AT&T, Bosch, China Mobile, China Unicom, Cisco, Deutsche Telekom, Ericsson, Honeywell, Huawei, IBM, IDEMIA, Intel, KT Corporation, Microsoft, Nokia, NTT Data, Qualcomm, Siemens, Sierra Wireless, T-Mobile, Telit, Thales Group, Verizon and others.
Market Overview:
An industrial IoT system has complex infrastructure architecture with multiple sensors, big data storage, communication systems, advanced analytics, edge computing, and others. The 5G industrial IoT solutions are enabled with next-generation wireless connectivity that offer a high speed of data transfer with lower latency in comparison to their predecessors.
Industry News and Developments:
In January 2021, Ericsson and Ooredoo Group signed a five-year strategic 5G agreement for the supply of 5G radio, core, and transport products and solutions, as well as related implementation and integration services.
In December 2020, Nokia and Thai mobile operator, dtac, part of Telenor Group, came into partnership wherein dtac selected Nokia as its first 5G RAN partner in a three-year deal covering the North and North Eastern regions of Thailand.
In December 2020, Huawei and Shenyang Institute of Automation of Chinese Academy of Sciences (SIACAS) collaborated to introduce their ‘5G+Industrial Network’ joint innovation center. ‘5G+Industrial Network’ has become crucial for Industry 4.0 and is improving network connectivity and stability, building a new architecture for industrial interconnections, and is backing up next-generation fully connected smart factories.
In February 2020, Cisco announced advancements to its IoT portfolio that enable service provider partners to offer optimized management of cellular IoT environments and new 5G use cases. New wireless technologies, such as 5G, Wi-Fi 6 will lead to more devices and new advanced IIoT use cases and will give service providers the tools to create competitive cellular IoT offerings for their customers.
This report segments the global 5G Industrial IoT market on the basis of Types is:
Hardware
Services
Solutions
On the basis of Application, the global 5G Industrial IoT market is segmented into:
Small & Medium Enterprise
Large Enterprise
The research study evaluates the overall size of the market, by making use of a bottom-up approach, wherein data for different industry verticals, and end-user industries and its applications across various product types have been recorded and predicted during the forecast period. These segments and sub-segments have been documented from the industry specialists and professionals, as well as company representatives, and are outwardly validated by analysing previous year's data of these segments and sub-segments for getting an accurate and complete 5G Industrial IoT market size.
Influence of the 5G Industrial IoT Market Report:
-Comprehensive assessment of all opportunities and risk in the 5G Industrial IoT market.
-5G Industrial IoT market recent innovations and major events.
-Detailed study of business strategies for growth of the 5G Industrial IoT market-leading players.
-Conclusive study about the growth plot of 5G Industrial IoT market for forthcoming years.
-In-depth understanding of 5G Industrial IoT market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the 5G Industrial IoT market.
For more information of this report:
https://www.marketinsightsreports.com/reports/07283115668/global-5g-industrial-iot-market-growth-status-and-outlook-2021-2026?Source=Openpr&Mode=PD11
Table Of Content
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 5G Industrial IoT Market Competitor Landscape by Players
Chapter 4 5G Industrial IoT Market Size by Type and Application
Chapter 5 Global and Regional Analysis
Chapter 6 Company Profiles
Chapter 7 Market Opportunities, Challenges, Risks and Influences Factors Analysis
Chapter 8 Value Chain and Sales Channels Analysis
Chapter 9 Research Findings and Conclusion
Chapter 10 Methodology/Research Approach
Finally, the 5G Industrial IoT Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure, and so on. 5G Industrial IoT industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
We also offer customization on reports based on specific client requirement:
1- Free country level analysis for any 5 countries of your choice.
2- Free competitive analysis of any 5 key market players.
3- Free 40 analyst hours to cover any other data points
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About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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