5G IoT Market Report 2022: Sector to Reach $17.68 Billion by 2030 at a CAGR of 47.6%

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Jan 22, 2023, 13:10 ET

DUBLIN, Jan. 22, 2023 /PRNewswire/ -- The "5G IoT Market by Component, Architecture, Application, End User, and Geography - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

The research report provides in-depth analysis of 5G IoT market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2030.

The global 5G IoT market is expected to reach $17.68 billion by 2030, growing at a CAGR of 47.6% during the forecast period of 2023-2030.

The growth of this market is attributed to the growing significance of 5G IoT devices in smart city projects and the increasing demand for digital wearable devices. In addition, the high potential for 5G IoT in connected healthcare is expected to offer significant growth opportunities for the growth of this market. High costs for 5G IoT network installation and security & data privacy concerns are creating challenges for market growth.

Segmentation Analysis

The solutions segment accounted for the larger share of the overall 5G IoT market. The proliferation of wireless technologies in industry operations is expected to drive market growth.

The short-range segment accounted for the larger share of the overall 5G IoT market. The growth of the segment is attributed to the rising need for improving short-range connectivity and coverage rate.

The 5G NR Non-standalone (NSA) segment is expected to account for the larger share of the overall 5G IoT market. The growth of this segment is attributed to the rising need for reliable communications and increasing delivery efficiency at a low cost.

The security & surveillance segment is expected to account for the largest share of the overall 5G IoT market. Thus, the rising need to monitor multiple locations and facility conditions in real-time drives market growth.

The B2B end-user segment is expected to account for the larger share of the overall 5G IoT market. The growth of this segment is attributed to the rising need for predicting performance to improve efficiency.

Key questions answered in the report:

Which are the high-growth market segments in terms of component, device range, architecture, application, end user, and countries?
What is the historical market for 5G IoT across the globe?
What are the market forecasts and estimates from 2022-2029?
What are the major drivers, restraints, and opportunities in the global 5G IoT market?
Who are the major players in the global 5G IoT market, and what shares of the market do they hold?
Who are the major players in various countries, and what shares of the market do they hold?
How is the competitive landscape?
What are the recent developments in the global 5G IoT market?
What are the different strategies adopted by the major players in the global 5G IoT market?
What are the geographical trends and high-growth countries?
Who are the local emerging players in the global 5G IoT market and how do they compete with the other players?

Scope of the Report:
Market by Component

Solutions
Platforms
Hardware
Business Services
Professional Services
Managed Services
Connectivity Services

Market by Device Range

Short-range
Wide/Long-range

Market by Architecture

5G NR Standalone (SA)
5G NR Non-Standalone (NSA)

Market by Application

Autonomous Vehicles
Connected Cars
Industry 4.0
Smart Energy & Utilities
Smart Farming
Smart Healthcare
Security & Surveillance
Smart Logistics & Supply Chains
Smart Consumer Electronics
Asset Tracking
Other Applications

Market by End User

B2B End Users
Automotive
Healthcare
Agriculture
Energy & Utilities
Transportation & Logistics
Government & Public Safety
Food & Beverage
Other B2B End Users
B2C End Users
Home Automation
Building Automation

Market by Geography

North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
China
South Korea
India
Japan
Taiwan
Singapore
Australia & New Zealand
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
The Middle East and Africa
Israel
UAE
Rest of MEA

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. The Impact of COVID-19 on the 5G IoT Market

5. Market Insights

6. 5G IoT Market, by Component

7. 5G IoT Market, by Device Range

8. 5G IoT Market, by Architecture

9. 5G IoT Market, by Application

10. 5G IoT Market, by End User

11. 5G IoT Market, by Geography

12. 5G IoT Market-Competitive Landscape

13. Company Profiles

14. Appendix

Companies Mentioned

Telefonaktiebolaget LM Ericsson (Sweden)
Nokia Corporation (Finland)
Qualcomm Incorporated (U.S.)
AT&T Inc. (U.S.)
Vodafone Limited (U.K.)
SK Telecom Co. Ltd. (South Korea)
Samsung Electronics Co. Ltd. (South Korea)
NEC Corporation (Japan)
Telit (U.K.)
Cisco Systems Inc. (U.S.)
Intel Corporation (U.S.)
ZTE Corporation (China)
IBM Corporation (U.S.)
Thales Group (France)
Sierra Wireless Inc. (Canada)
T-Mobile US Inc. (U.S.)
Verizon Communications Inc. (U.S.)
Juniper Networks Inc. (U.S.)
Huawei Technologies Co. Ltd. (China).

For more information about this report visit https://www.researchandmarkets.com/r/yx7p3y

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