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Insights on the 5G in IoT Market - 5G and IoT Enabled Smart Machines Represent a $3.2 Billion Global Opportunity by 2027

5G IoT Market: Global Industry and Opportunity Forecast by 2021-2027

 

London, UK -- (SBWIRE) -- 08/06/2021 -- The Global 5G IoT Market is growing at a 31.4% CAGR during the forecast period 2021-2026. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market and This has brought along several changes in This report also covers the impact of COVID-19 on the global market.

The latest research report, titled "5G IoT Market" Added by Intelligence Market Report, provides the reader with a comprehensive overview of the 5G IoT Market and familiarizes them with the latest market trends, industry information, and market share. The report content includes technology, industry drivers, geographic trends, market statistics, market forecasts, producers, and raw material/equipment suppliers.

The global 5G IoT market size is projected to reach US$ 2028.9 million by 2026, from US$ 290.8 million in 2019, at a CAGR of 31.4% during 2021-2026.

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5G IoT Market competition by top manufacturers as follows: Ericsson (Sweden), Nokia (Finland), Huawei (China), AT&T (US), Verizon (US), Sprint (US), Telefónica (Spain) and etc.

Market by Type:
Short-Range IoT Devices
Wide-Range IoT Devices

Market by Application:
Manufacturing
Energy & Utilities
Healthcare
Government
Others

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Market segment by Regions/Countries, this report covers:
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa

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