5G IoT Market values projected to surge from USD 4.49 Bn in 2022 to USD 208.23 Bn by 2029 – WhaTech Technology and Markets News

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The 5G IoT Market is poised for unprecedented growth, with projections indicating an increase from USD 4.49 Bn in 2022 to a staggering USD 208.23 Bn by 2029, exhibiting a remarkable CAGR of 72.96% during the forecast period. The evolution of communication, businesses, and society as a whole is set to be significantly influenced by the role of 5G IoT in the connectivity landscape.

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5G IoT Market Report Scope and Research Methodology:

The in-depth analysis of the 5G IoT market report by Maximize Market Research Pvt Ltd encompasses key aspects such as market values, market overview, market trends, report scope, research methodology, drivers, restraints, and regional insights.

The research methodology employed in this report includes a thorough analysis of the revenue impact of the COVID-19 pandemic on market leaders, followers, and disruptors. The findings are meticulously reflected in the comprehensive analysis presented.

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What are 5G IoT Market Dynamics?

Major driving factors in the 5G IoT Market include the increasing demand for mobile broadband, rising smartphone and smart wearable device penetration, growing adoption of mobile video, and increased government investments in digitalization. However, growth restraining factors such as high infrastructure capex, cybersecurity concerns, integration with existing technology, and uncertain returns on investment are also explored in detail.

The report covers key developments and profiles of major players, including Ericsson, Nokia, Huawei, AT&T, Verizon, Sprint, Telefónica, BT Group, Vodafone, Telstra, and Etisalat. Their strategies, such as alliances, expansions, collaborations, and joint ventures, are explored.

For instance, Imaginalis and El.En are collaborating with Ericsson to enhance precision in surgery using 5G IoT technologies.

What are 5G IoT Market Trends?

The transition from 1G to 5G signifies an evolution beyond just network upgrades. 5G IoT is expected to be a pivotal force not only in communication but also in shaping the trajectory of businesses and society.

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To unlock new opportunities in this transformative journey, companies must go beyond network evolution and embark on comprehensive business transformations.

What is 5G IoT Market Regional Insight?

North America is expected to dominate the Global 5G IoT Market, with the US alone exhibiting a 65% market share. Collaborations between service providers like Verizon, T-Mobile, and AT&T with network enablers such as Ericsson, Nokia, and Samsung are set to drive the deployment of 5G services across the US.

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What is 5G IoT Market Segmentation?

by Connection

Direct Connectivity
Indirect Connectivity

by Radio Technology

5G New Radio Standalone Architecture
5G New Radio Non-Standalone Architecture

by Vertical

Energy and Utilities
Transportation and Logistics

by Range

Short-Range IoT Devices
Wide-Range IoT Devices

Who are 5G IoT Market Key Players?

  1. Ericsson
    2. Huawei
    3. Vodafone
    4. AT&T
    5. Verizon
    6. Vodafone
    7. Telstra
    8. China Mobile
    9. Etisalat
    11.KT Corporation
    12.NEC Corporation
    14.SK Telecom Co. Ltd
    15.Cisco Systems Inc.
    16.Qualcomm Incorporated
    17.Samsung Electronics Co. Ltd
    18.Broadcom Corporation
    20.Bell Canada
    23.Deutsche Telekom AG
    24.ZTE Corporation

Table of content for the 5G IoT Market includes: 

  1. Global 5G IoT Market : Research Methodology 
  2. Global 5G IoT Market : Executive Summary
  • Market Overview and Definitions
  • Introduction to the Global Market
  • Summary
  • Key Findings
  • Recommendations for Investors
  • Recommendations for Market Leaders
  • Recommendations for New Market Entry 
  1. Global 5G IoT Market : Competitive Analysis
  • MMR Competition Matrix
  • Market Structure by region
  • Competitive Benchmarking of Key Players
  • Consolidation in the Market
  • M&A by region
  • Key Developments by Companies
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Market Challenges
  • Market Dynamics
  • PORTERS Five Forces Analysis
  • Regulatory Landscape by region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
  • COVID-19 Impact 
  1. Company Profile: Key players
  • Company Overview
  • Financial Overview
  • Global Presence
  • Capacity Portfolio
  • Business Strategy
  • Recent Developments

Key Offerings:

  • Past Market Size and Competitive Landscape
  • 5G IoT Market Size, Share, Size & Forecast by different segment |
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • 5G IoT Market Segmentation – A detailed analysis by Product
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations 

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