Product Code: IRTNTR75080
The 5G internet of things (IOT) market is forecasted to grow by USD 253279.3 mn during 2023-2028, accelerating at a CAGR of 140.31% during the forecast period. The report on the 5G internet of things (IOT) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising adoption of 5G, IOT revolutionized automotive industry, and large-scale benefits of using IOT devices.
Technavio's 5G internet of things (IOT) market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 78.13% |
CAGR | 140.31% |
Incremental Value | $253279.3 mn |
By Type
- 5G non-standalone (SA)
- 5G standalone (SA)
By Component
- Hardware
- Services
- Platform
- Connectivity
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the growth in industrial automation as one of the prime reasons driving the 5G internet of things (IOT) market growth during the next few years. Also, rapid growth of wireless technology and robust demand from healthcare industry will lead to sizable demand in the market.
The report on the 5G internet of things (IOT) market covers the following areas:
- 5G internet of things (IOT) market sizing
- 5G internet of things (IOT) market forecast
- 5G internet of things (IOT) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading 5G internet of things (IOT) market vendors that include Anritsu Corp., AT and T Inc., Cavalier Wireless Inc., Celona Inc., China Mobile Ltd., Deutsche Telekom AG, Nokia Corp., Qualcomm Inc., Quectel Wireless Solutions Co. Ltd., Reliance Industries Ltd., SATELIO IOT SERVICES S.L., Semtech Corp., Sequans Communications SA, Shenzhen ThinkWill Communication Technology Co., Ltd., Telefonaktiebolaget LM Ericsson, Telenor Group, Telit, Thales Group, Verizon Communications Inc., and Vodafone Group PLC. Also, the 5G internet of things (IOT) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Component
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 4.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 4.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 4.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 4.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 4.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 4.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
5 Market Segmentation by Type
- 5.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 5.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 5.3 5G non-standalone (SA) - Market size and forecast 2023-2028
- Chart on 5G non-standalone (SA) - Market size and forecast 2023-2028 ($ million)
- Data Table on 5G non-standalone (SA) - Market size and forecast 2023-2028 ($ million)
- Chart on 5G non-standalone (SA) - Year-over-year growth 2023-2028 (%)
- Data Table on 5G non-standalone (SA) - Year-over-year growth 2023-2028 (%)
- 5.4 5G standalone (SA) - Market size and forecast 2023-2028
- Chart on 5G standalone (SA) - Market size and forecast 2023-2028 ($ million)
- Data Table on 5G standalone (SA) - Market size and forecast 2023-2028 ($ million)
- Chart on 5G standalone (SA) - Year-over-year growth 2023-2028 (%)
- Data Table on 5G standalone (SA) - Year-over-year growth 2023-2028 (%)
- 5.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
6 Market Segmentation by Component
- 6.1 Market segments
- Chart on Component - Market share 2023-2028 (%)
- Data Table on Component - Market share 2023-2028 (%)
- 6.2 Comparison by Component
- Chart on Comparison by Component
- Data Table on Comparison by Component
- 6.3 Hardware - Market size and forecast 2023-2028
- Chart on Hardware - Market size and forecast 2023-2028 ($ million)
- Data Table on Hardware - Market size and forecast 2023-2028 ($ million)
- Chart on Hardware - Year-over-year growth 2023-2028 (%)
- Data Table on Hardware - Year-over-year growth 2023-2028 (%)
- 6.4 Services - Market size and forecast 2023-2028
- Chart on Services - Market size and forecast 2023-2028 ($ million)
- Data Table on Services - Market size and forecast 2023-2028 ($ million)
- Chart on Services - Year-over-year growth 2023-2028 (%)
- Data Table on Services - Year-over-year growth 2023-2028 (%)
- 6.5 Platform - Market size and forecast 2023-2028
- Chart on Platform - Market size and forecast 2023-2028 ($ million)
- Data Table on Platform - Market size and forecast 2023-2028 ($ million)
- Chart on Platform - Year-over-year growth 2023-2028 (%)
- Data Table on Platform - Year-over-year growth 2023-2028 (%)
- 6.6 Connectivity - Market size and forecast 2023-2028
- Chart on Connectivity - Market size and forecast 2023-2028 ($ million)
- Data Table on Connectivity - Market size and forecast 2023-2028 ($ million)
- Chart on Connectivity - Year-over-year growth 2023-2028 (%)
- Data Table on Connectivity - Year-over-year growth 2023-2028 (%)
- 6.7 Market opportunity by Component
- Market opportunity by Component ($ million)
- Data Table on Market opportunity by Component ($ million)
7 Customer Landscape
- 7.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 8.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 8.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 8.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 8.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 8.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 8.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 8.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 8.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 8.10 South Korea - Market size and forecast 2023-2028
- Chart on South Korea - Market size and forecast 2023-2028 ($ million)
- Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
- Chart on South Korea - Year-over-year growth 2023-2028 (%)
- Data Table on South Korea - Year-over-year growth 2023-2028 (%)
- 8.11 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 8.12 Spain - Market size and forecast 2023-2028
- Chart on Spain - Market size and forecast 2023-2028 ($ million)
- Data Table on Spain - Market size and forecast 2023-2028 ($ million)
- Chart on Spain - Year-over-year growth 2023-2028 (%)
- Data Table on Spain - Year-over-year growth 2023-2028 (%)
- 8.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 9.4 Market opportunities/restraints
10 Competitive Landscape
- 10.1 Overview
- 10.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 10.3 Landscape disruption
- Overview on factors of disruption
- 10.4 Industry risks
- Impact of key risks on business
11 Competitive Analysis
- 11.1 Companies profiled
- 11.2 Market positioning of companies
- Matrix on companies position and classification
- 11.3 AT and T Inc.
- AT and T Inc. - Overview
- AT and T Inc. - Business segments
- AT and T Inc. - Key news
- AT and T Inc. - Key offerings
- AT and T Inc. - Segment focus
- 11.4 Cavalier Wireless Inc.
- Cavalier Wireless Inc. - Overview
- Cavalier Wireless Inc. - Product / Service
- Cavalier Wireless Inc. - Key offerings
- 11.5 China Mobile Ltd.
- China Mobile Ltd. - Overview
- China Mobile Ltd. - Product / Service
- China Mobile Ltd. - Key offerings
- 11.6 Deutsche Telekom AG
- Deutsche Telekom AG - Overview
- Deutsche Telekom AG - Business segments
- Deutsche Telekom AG - Key offerings
- Deutsche Telekom AG - Segment focus
- 11.7 Nokia Corp.
- Nokia Corp. - Overview
- Nokia Corp. - Business segments
- Nokia Corp. - Key news
- Nokia Corp. - Key offerings
- Nokia Corp. - Segment focus
- 11.8 Qualcomm Inc.
- Qualcomm Inc. - Overview
- Qualcomm Inc. - Business segments
- Qualcomm Inc. - Key news
- Qualcomm Inc. - Key offerings
- Qualcomm Inc. - Segment focus
- 11.9 Reliance Industries Ltd.
- Reliance Industries Ltd. - Overview
- Reliance Industries Ltd. - Business segments
- Reliance Industries Ltd. - Key news
- Reliance Industries Ltd. - Key offerings
- Reliance Industries Ltd. - Segment focus
- 11.10 SATELIO IOT SERVICES S.L.
- SATELIO IOT SERVICES S.L. - Overview
- SATELIO IOT SERVICES S.L. - Product / Service
- SATELIO IOT SERVICES S.L. - Key offerings
- 11.11 Semtech Corp.
- Semtech Corp. - Overview
- Semtech Corp. - Business segments
- Semtech Corp. - Key news
- Semtech Corp. - Key offerings
- Semtech Corp. - Segment focus
- 11.12 Sequans Communications SA
- Sequans Communications SA - Overview
- Sequans Communications SA - Product / Service
- Sequans Communications SA - Key offerings
- 11.13 Telefonaktiebolaget LM Ericsson
- Telefonaktiebolaget LM Ericsson - Overview
- Telefonaktiebolaget LM Ericsson - Business segments
- Telefonaktiebolaget LM Ericsson - Key news
- Telefonaktiebolaget LM Ericsson - Key offerings
- Telefonaktiebolaget LM Ericsson - Segment focus
- 11.14 Telenor Group
- Telenor Group - Overview
- Telenor Group - Business segments
- Telenor Group - Key news
- Telenor Group - Key offerings
- Telenor Group - Segment focus
- 11.15 Thales Group
- Thales Group - Overview
- Thales Group - Business segments
- Thales Group - Key news
- Thales Group - Key offerings
- Thales Group - Segment focus
- 11.16 Verizon Communications Inc.
- Verizon Communications Inc. - Overview
- Verizon Communications Inc. - Business segments
- Verizon Communications Inc. - Key news
- Verizon Communications Inc. - Key offerings
- Verizon Communications Inc. - Segment focus
- 11.17 Vodafone Group Plc
- Vodafone Group Plc - Overview
- Vodafone Group Plc - Business segments
- Vodafone Group Plc - Key news
- Vodafone Group Plc - Key offerings
- Vodafone Group Plc - Segment focus
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 12.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 12.4 Research methodology
- 12.5 Data procurement
- 12.6 Data validation
- 12.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 12.8 Data synthesis
- Data synthesis
- 360 degree market analysis
- 360 degree market analysis
- 12.10 List of abbreviations