Global 5g Internet Of Things (iot) Market Size & Outlook
Global 5g internet of things (iot) market, 2020-2030 (US$M)
Related Markets
Global 5g internet of things (iot) market highlights
- The global 5g internet of things (iot) market generated a revenue of USD 5,184.9 million in 2023 and is expected to reach USD 89,421.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 50.2% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 2,320.4 million in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 5,184.9 million |
| Market revenue in 2030 | USD 89,421.1 million |
| Growth rate | 50.2% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2020 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 23.3% of the global 5g internet of things (iot) market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 896.8 million by 2030.
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5G Internet Of Things (IoT) Market Scope
5G Internet Of Things (IoT) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 5g internet of things (iot) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 5g internet of things (iot) market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 44.75% in 2023. Horizon Databook has segmented the Global 5g internet of things (iot) market based on hardware, software, services covering the revenue growth of each sub-segment from 2020 to 2030.
- Global 5G Internet Of Things (IoT) Component Outlook (Revenue, USD Million, 2020-2030)
- Hardware
- Software
- Services
- Integration and Installation
- Network Connectivity Services
- Training and Consulting
- Support and Maintenance
- Global 5G Internet Of Things (IoT) IoT Connectivity Outlook (Revenue, USD Million, 2020-2030)
- Massive IoT
- Broadband IoT
- Critical IoT
- Industrial Automation IoT
- Global 5G Internet Of Things (IoT) Network Architecture Outlook (Revenue, USD Million, 2020-2030)
- 5G Non-Standalone
- 5G Standalone
- Global 5G Internet Of Things (IoT) Vertical Outlook (Revenue, USD Million, 2020-2030)
- Manufacturing
- Smart Cities
- Energy & Utilities
- Transportation & Logistics
- Enterprises/Corporates
- Healthcare
- Oil & Gas
- Others
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Target buyers of Global 5g internet of things (iot) market databook
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Our clientele includes a mix of 5g internet of things (iot) market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global 5g internet of things (iot) market , including forecasts for subscribers. This global databook contains high-level insights into Global 5g internet of things (iot) market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global 5g internet of things (iot) market size, by regions, 2020-2030 (US$M)
Top 10 countries: 5g internet of things (iot) market size, 2023 (US$M)
Global 5g internet of things (iot) market share, by component, 2023 & 2030 (%, US$M)
5g internet of things (iot) market: Opportunity assessment by country
Global 5g internet of things (iot) market, by region, 2023 (US$M)
Related regional statistics
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