Press release
5G IoT Industry is Expected to Reach $ 284.9 billion by 2031 - Verizon Communications Inc., T‑Mobile USA, Inc., Vodafone Group Plc, Orange SA
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The 5G IoT market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
The 5G IoT Industry refers to the sector that combines the capabilities of 5G wireless technology with the Internet of Things (IoT) to create highly connected, efficient, and intelligent networks. 5G IoT leverages the high-speed, low-latency, and massive connectivity features of 5G to support a wide range of IoT applications across various industries, including smart cities, healthcare, automotive, industrial automation, and agriculture.Forecast Growth Projected:
The Global 5G IoT Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the 5G IoT Market:
Verizon Communications Inc., T‑Mobile USA, Inc., Vodafone Group Plc, Orange SA, Telefónica S.A., Deutsche Telekom IoT GmbH, Ericsson AB, Huawei Technologies Co., Ltd., ZTE Corporation
Segment Covered in the 5G IoT Market:
By Component: Service, Platform, Hardware, Connectivity
By Network: 5G Standalone, 5G Non-Standalone
By Type: Short-range IoT Devices, Wide-range IoT Devices
By Organization Size: Large Enterprises, SMEs
By End-User: Manufacturing, Healthcare, Energy and Utilities, Automotive and Transportation, Supply Chain and Logistics, Others
Regional Analysis:
The global 5G IoT Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global 5G IoT Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The 5G IoT Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of 5G IoT manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of 5G IoT in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQs
How big is the 5G IoT Market?
The 5G IoT Market size was USD $ 2.1 billion in 2023. It is expected to reach USD $ 284.9 billion by 2031.
How fast is the 5G IoT Market growing?
The 5G IoT Market will exhibit a CAGR of 69.4% during the forecast period, 2024-2031.
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