China 5g Internet Of Things (iot) Market Size & Outlook

The 5g internet of things (iot) market in China is expected to reach a projected revenue of US$ 16,878.1 million by 2030. A compound annual growth rate of 53% is expected of China 5g internet of things (iot) market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,307.8
Forecast, 2030 (US$M)
$16,878.1
CAGR, 2025 - 2030
53%
Report Coverage
China

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China 5g internet of things (iot) market, 2020-2030 (US$M)

China 5g internet of things (iot) market, 2020-2030 (US$M)

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China 5g internet of things (iot) market highlights

  • The China 5g internet of things (iot) market generated a revenue of USD 1,307.8 million in 2024 and is expected to reach USD 16,878.1 million by 2030.
  • The China market is expected to grow at a CAGR of 53.2% from 2025 to 2030.


5g internet of things (iot) market data book summary

Market revenue in 2024USD 1,307.8 million
Market revenue in 2030USD 16,878.1 million
Growth rate53.2% (CAGR from 2025 to 2030)
Historical data2020 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentation
Key market players worldwideNokia Oyj, Telefonaktiebolaget L M Ericsson ADR, ZTE Corp Class H, AT&T, Huawei Technologies, Verizon Communications Inc, Thales Group, Vodafone Group PLC, China Mobile, Microsoft Corp


Other key industry trends

  • In terms of revenue, China accounted for 17.0% of the global 5g internet of things (iot) market in 2024.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China 5g internet of things (iot) market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 16,878.1 million by 2030.

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5G Internet Of Things (IoT) Market Companies

Name Profile # Employees HQ Website
China Mobile View profile 10001+ Hong Kong, Hong Kong Island, Hong Kong, Asia http://www.chinamobileltd.com
Thales Group View profile 10001+ Paris, Ile-de-France, France, Europe http://www.thalesgroup.com
AT&T View profile 10001+ Dallas, Texas, United States, North America https://www.att.com
Vodafone Group PLC View profile 85225 Vodafone House, The Connection, Newbury, Berkshire, United Kingdom, RG14 2FN https://www.vodafone.com
Verizon Communications Inc View profile 105400 1095 Avenue of the Americas, New York, NY, United States, 10036 https://www.verizon.com
Huawei Technologies View profile 10001+ Shenzhen, Guangdong, China, Asia http://huawei.com
ZTE Corp Class H View profile 72093 ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, China, People's Republic of, 518057 https://www.zte.com.cn
Nokia Oyj View profile 86700 Karakaari 7, Espoo, Finland, FI-02610 https://www.nokia.com
Telefonaktiebolaget L M Ericsson ADR View profile 99952 Torshamnsgatan 21, Kista, Stockholm, Sweden, SE-164 83 https://www.ericsson.com
Microsoft Corp View profile 221000 One Microsoft Way, Redmond, WA, United States, 98052-6399 https://www.microsoft.com

China 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.


China held the largest revenue share of the Asia Pacific 5G Internet of Things market in 2024. Multiple technology enterprises in the country mainly drive this market, heavy investments by companies in developing advanced technology components, a strong, active manufacturing industry, and more.

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Horizon Databook provides a detailed overview of country-level data and insights on the China 5g internet of things (iot) market , including forecasts for subscribers. This country databook contains high-level insights into China 5g internet of things (iot) market from 2020 to 2030, including revenue numbers, major trends, and company profiles.

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China 5g internet of things (iot) market size, by component, 2020-2030 (US$M)

China 5G Internet Of Things (IoT) Market Outlook Share, 2024 & 2030 (US$M)

China 5g internet of things (iot) market size, by component, 2020-2030 (US$M)

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