IoT Market

The 5G IoT services are next-generation wireless connectivity services which offer a higher speed of data transfer and connectivity with lower latency than previous generations. 5G network capabilities allow production systems and machines to work smoothly through wireless networking, therefore improving flexibility and efficiency. These services have significant scope among industry verticals, such as consumer electronics, railways, automotive, mining, healthcare, utilities, agriculture and manufacturing. The sudden outbreak of COVID-19 is the major factor compelling the growth of global 5G in IoT market. The damage owing to the COVID-19 is impacting individuals worldwide as a result to which demand for advance & digitalized technologies with robust network are swiftly rising. WHO has encouraged all the industrial sectors to address the impact of social distancing and managing consumers demand in the pandemic situation. However, the global 5G in IoT market is obtaining rapid growth and projected to regain enormously in the post-pandemic world. In addition, with the increased deployments of 5G, the mobile ecosystem has expanded immensely, as the service providers are highly expanding their 5G plans by even larger and large-scale features in the market. For example, Telefonaktiebolaget LM Ericsson, which is a multinational networking & telecommunications company, has anticipated that by 2024, 5G connectivity will be extended by almost one third population coverage and with 1.5 billion subscriptions a global scale. Thereby, this has is another factor accelerating the 5G in IoT market growth with new and innovative solutions, present infrastructure and available industrial spectrum. Moreover, the upcoming launch of the fifth-generation of cellular mobile communications which is intended to enhance the performance and reliability of device connections is becoming one of the significant growth factors in the 5G in IoT market. In addition to this, owing to the improved speed, these advanced networks will operate more reliably by creating highly strong connections in the market. Connected devices such as locks, security cameras and other monitoring systems which are highly depend on real-time updates, need reliable and stable network conditions. Therefore, this technology is projected to grow exponentially in the coming years. However, the dearth of standardization in IoT protocol is a key factor likely to limit the market.

Additionally, private 5G networks are local area networks which use the 5G technology as their communication medium to build private networks. These networks provide unified connectivity with various benefits and optimized services which results in huge demand for the private 5G networks eventually creates huge opportunities in the market.

The global 5G in IoT Market is segregated on the basis of Components as Hardware, Platform, Connectivity and Services. Based on Network Type the global 5G in IoT Market is segmented in 5G Standalone (SA) and 5G Non-standalone (NSA). Based on End user the global 5G in IoT Market is segmented in Manufacturing, Healthcare, Energy and Utilities, Automotive and Transportation, Supply Chain and Logistics, Government and Public Safety, Agriculture and Others End Users.

The global 5G in IoT Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The 5G in IoT Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

Fibocom, Neoway, Gosuncn, SIMCom, Quectel and others are among the major players in the global 5G in IoT Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In January 2021, AT&T introduced its 5G+ services in few popular areas and venues across Tampa, such as Raymond James stadium, Channel District and Tampa International Airport in the US.
• In November 2021, CMIoT is a division of China Mobile Communications Group, introduced IoT OS known as OneOS which supports 5G network standards. It has features such as cross-platform, scalable, low energy consumption, and high safety.
• In February 2021, Verizon entered into partnership with Zyter, one of the major digital health and IoT-enablement platform providers, to support sports and entertainment venues with 5G experiences.

The global 5G in IoT Market has been segmented as below:

5G in IoT Market, By Components

• Hardware
• Platform
• Connectivity
• Services

5G in IoT Market, By Network Type

• 5G Standalone (SA)
• 5G Non-standalone (NSA)

5G in IoT Market, By End user

• Manufacturing
• Healthcare
• Energy and Utilities
• Automotive and Transportation
• Supply Chain and Logistics
• Government and Public Safety
• Agriculture
• Others End Users

5G in IoT Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

5G in IoT Market, By Company

• Fibocom
• Neoway
• Gosuncn
• SIMCom
• Quectel
• Sequans
• U-Blox
• Telit
• Thales
• Sierra Wireless
• Cisco
• Samsung
• Nokia
• Huawei
• Ericsson
• Deutsche Telekom
• SK Telecom
• Telefonica

The report covers the below scope:

• Global 5G in IoT Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global 5G in IoT Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global 5G in IoT Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global 5G in IoT Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global 5G in IoT Market share. Major industry players with significant revenue share include Fibocom, Neoway, Gosuncn, SIMCom, Quectel and others.

Why to Buy this Report:

• Gain detailed insights on the 5G in IoT industry trends
• Find complete analysis on the market status
• Identify the 5G in IoT Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

Free and Paid Customization based on the requirement

1.      Introduction

1.1.       Key Points

1.2.      Report Description

1.3.      Markets Covered

1.4.      Stakeholders

2.     Research Methodology

2.1.      Research Scope

2.2.     Research Methodology

2.2.1.     Market Research Process

2.2.2.    Research Methodology

2.2.2.1.           Secondary Research

2.2.2.2.          Primary Research

2.2.2.3.          Models for Estimation

2.3.     Market Size Estimation

2.3.1.     Bottom-Up Approach

2.3.2.    Top-Down Approach

3.     Executive Summary

4.    Market Overview

4.1.      Introduction

4.2.     Drivers

4.3.     Restraints

4.4.     Opportunities

4.5.     Challenges

5.     5G in IoT Market, By Components

5.1.      Key Points

5.2.  Hardware

5.3.  Platform

5.4.  Connectivity

5.5.  Services

6.    5G in IoT Market, By Network Type

6.1.      Key Points

6.2. 5G Standalone (SA)

6.3. 5G Non-standalone (NSA)

7.     5G in IoT Market, By End user

7.1.      Key Points

7.2.  Manufacturing

7.3.  Healthcare

7.4.  Energy and Utilities

7.5.  Automotive and Transportation

7.6.  Supply Chain and Logistics

7.7.  Government and Public Safety

7.8.  Agriculture

7.9.  Others End Users

8.    Competitive Landscape

8.1.      Introduction

8.2.     Start-up companies- 5G in IoT Market

8.3.     Recent Developments

8.3.1.     Mergers & Acquisitions

8.3.2.    New Product Developments

8.3.3.    Portfolio/Production Capacity Expansions

8.3.4.    Joint Ventures, Collaborations, Partnerships & Agreements

8.3.5.    Others

9.    Company Profile

9.1.  Fibocom

9.2. Neoway

9.3. Gosuncn

9.4. SIMCom

9.5.  Quectel

9.6. Sequans

9.7.  U-Blox

9.8. Telit

9.9. Thales

9.10.  Sierra Wireless

9.11.    Cisco

9.12.  Samsung

9.13.   Nokia

9.14.  Huawei

9.15.   Ericsson

9.16.  Deutsche Telekom

9.17.   SK Telecom

9.18.  Telefonica