{"product_id":"5g-iot-market-by-component-solutions-connectivity-services-architecture-5g-nr-standalone-5g-nr-non-standalone-application-autonomous-vehicles-security-surveillance-end-user-and-geography-global-forecast-to-2030","title":"5G IoT Market by Component (Solutions, Connectivity Services), Architecture (5G NR Standalone, 5G NR Non-standalone), Application (Autonomous Vehicles, Security \u0026 Surveillance), End User, and Geography - Global Forecast to 2030","description":"\u003cp\u003e5G IoT Market by Component (Solutions, Connectivity Services), Architecture (5G NR Standalone, 5G NR Non-standalone), Application (Autonomous Vehicles, Security \u0026amp; Surveillance), End User, and Geography - Global Forecast to 2030\u003c\/p\u003e\n\n\u003cp\u003eThe research report titled “5G IoT Market Component (Solutions, Connectivity Services), Architecture (5G NR Standalone, 5G NR Non-standalone), Application (Autonomous Vehicles, Security \u0026amp; Surveillance), End User, and Geography — Global Forecasts to 2030”, provides in-depth analysis of 5G IoT market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2030.\u003c\/p\u003e\n\n\u003cp\u003eThe global 5G IoT market is expected to reach $17.68 billion by 2030, growing at a CAGR of 47.6% during the forecast period of 2023–2030.\u003c\/p\u003e \n\n\u003cp\u003eThe growth of this market is attributed to the growing significance of 5G IoT devices in smart city projects and the increasing demand for digital wearable devices. In addition, the high potential for 5G IoT in connected healthcare is expected to offer significant growth opportunities for the growth of this market. High costs for 5G IoT network installation and security \u0026amp; data privacy concerns are creating challenges for market growth.\u003c\/p\u003e\n\n\u003cp\u003eBased on component, the market is segmented into solutions and connectivity services. In 2022, the solutions segment accounted for the larger share of the overall 5G IoT market. The proliferation of wireless technologies in industry operations is expected to drive market growth.\u003c\/p\u003e \n\n\u003cp\u003eBased on device range, the market is segmented into short-range and wide\/long-range. In 2022, the short-range segment accounted for the larger share of the overall 5G IoT market. The growth of the segment is attributed to the rising need for improving short-range connectivity and coverage rate.\u003c\/p\u003e\n\n\u003cp\u003eBased on architecture, the market is segmented into 5G NR Standalone (SA) and 5G NR Non-standalone (NSA). In 2022, the 5G NR Non-standalone (NSA) segment is expected to account for the larger share of the overall 5G IoT market. The growth of this segment is attributed to the rising need for reliable communications and increasing delivery efficiency at a low cost.\u003c\/p\u003e\n\n\u003cp\u003eBased on application, the market is segmented into autonomous vehicles, connected cars, industry 4.0, smart energy \u0026amp; utilities, smart farming, security \u0026amp; surveillance, smart healthcare, asset tracking, smart logistics \u0026amp; supply chains, smart consumer electronics, and other applications. In 2022, the security \u0026amp; surveillance segment is expected to account for the largest share of the overall 5G IoT market. Thus, the rising need to monitor multiple locations and facility conditions in real-time drives market growth.\u003c\/p\u003e \n\n\u003cp\u003eBased on end user, the market is segmented into B2B end users (business-to-business) and B2C end users (business-to-consumer). In 2022, the B2B end-user segment is expected to account for the larger share of the overall 5G IoT market. The growth of this segment is attributed to the rising need for predicting performance to improve efficiency.\u003c\/p\u003e\n\n\u003cp\u003eGeographic Review:\u003c\/p\u003e\n\n\u003cp\u003eBased on geography, the market is broadly segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East \u0026amp; Africa. In 2022, Asia-Pacific accounted for the largest share of 46.7% of the global 5G IoT market. The large market share of this segment is attributed to the increasing investments in 5G IoT devices, rising deployments of 5G IoT solutions, and increasing collaborations for deploying smart solutions across the region. Additionally, this region is expected to register the highest CAGR during the forecast period.\u003c\/p\u003e \n\n\u003cp\u003eThe key players operating in the global 5G IoT market are Telefonaktiebolaget LM Ericsson (Sweden), Nokia Corporation (Finland), Qualcomm Incorporated (U.S.), AT\u0026amp;T Inc. (U.S.), Vodafone Limited (U.K.), SK Telecom Co., Ltd. (South Korea), Samsung Electronics Co., Ltd. (South Korea), NEC Corporation (Japan), Telit (U.K.), Cisco Systems, Inc. (U.S.), Intel Corporation (U.S.), ZTE Corporation (China), IBM Corporation (U.S.), Thales Group (France), Sierra Wireless, Inc. (Canada), T?Mobile US, Inc. (U.S.), Verizon Communications Inc. (U.S.), Juniper Networks Inc. (U.S.), and Huawei Technologies Co., Ltd. (China).\u003c\/p\u003e\n\n\u003cp\u003eKey questions answered in the report:\u003c\/p\u003e\n\n\u003cp\u003eWhich are the high-growth market segments in terms of component, device range, architecture, application, end user, and countries?\u003cbr\u003e\nWhat is the historical market for 5G IoT across the globe?\u003cbr\u003e\nWhat are the market forecasts and estimates from 2022–2029?\u003cbr\u003e\nWhat are the major drivers, restraints, and opportunities in the global 5G IoT market?\u003cbr\u003e\nWho are the major players in the global 5G IoT market, and what shares of the market do they hold?\u003cbr\u003e\nWho are the major players in various countries, and what shares of the market do they hold?\u003cbr\u003e\nHow is the competitive landscape?\u003cbr\u003e\nWhat are the recent developments in the global 5G IoT market?\u003cbr\u003e\nWhat are the different strategies adopted by the major players in the global 5G IoT market? \u003cbr\u003e\nWhat are the geographical trends and high-growth countries?\u003cbr\u003e\nWho are the local emerging players in the global 5G IoT market and how do they compete with the other players?\u003c\/p\u003e\n\n\u003cp\u003eScope of the Report:\u003c\/p\u003e\n\n\u003cp\u003eMarket by Component\u003c\/p\u003e \n\n\u003cp\u003eSolutions \u003cbr\u003e\nPlatforms\u003cbr\u003e\nHardware\u003cbr\u003e\nBusiness Services? Professional Services? Managed Services\u003cbr\u003e\nConnectivity Services\u003c\/p\u003e \n\n\u003cp\u003eMarket by Device Range\u003c\/p\u003e \n\n\u003cp\u003eShort-range \u003cbr\u003e\nWide\/Long-range\u003c\/p\u003e \n\n\u003cp\u003eMarket by Architecture\u003c\/p\u003e\n\n\u003cp\u003e5G NR Standalone (SA)\u003cbr\u003e\n5G NR Non-Standalone (NSA)\u003c\/p\u003e\n\n\u003cp\u003eMarket by Application\u003c\/p\u003e\n\n\u003cp\u003eAutonomous Vehicles\u003cbr\u003e\nConnected Cars\u003cbr\u003e\nIndustry 4.0\u003cbr\u003e\nSmart Energy \u0026amp; Utilities\u003cbr\u003e\nSmart Farming\u003cbr\u003e\nSmart Healthcare\u003cbr\u003e\nSecurity \u0026amp; Surveillance\u003cbr\u003e\nSmart Logistics \u0026amp; Supply Chains \u003cbr\u003e\nSmart Consumer Electronics\u003cbr\u003e\nAsset Tracking\u003cbr\u003e\nOther Applications\u003c\/p\u003e \n\n\u003cp\u003eMarket by End User\u003c\/p\u003e\n\n\u003cp\u003eB2B End Users\u003cbr\u003e\nAutomotive\u003cbr\u003e\nHealthcare\u003cbr\u003e\nAgriculture\u003cbr\u003e\nEnergy \u0026amp; Utilities\u003cbr\u003e\nTransportation \u0026amp; Logistics\u003cbr\u003e\nGovernment \u0026amp; Public Safety\u003cbr\u003e\nFood \u0026amp; Beverage\u003cbr\u003e\nOther B2B End Users\u003cbr\u003e\nB2C End Users \u003cbr\u003e\nHome Automation\u003cbr\u003e\nBuilding Automation\u003c\/p\u003e  \n\n\u003cp\u003eMarket by Geography\u003c\/p\u003e\n\n\u003cp\u003eNorth America\u003cbr\u003e\nU.S.\u003cbr\u003e\nCanada\u003cbr\u003e\nEurope\u003cbr\u003e\nU.K.\u003cbr\u003e\nGermany\u003cbr\u003e\nFrance\u003cbr\u003e\nItaly\u003cbr\u003e\nSpain\u003cbr\u003e\nNetherlands\u003cbr\u003e\nSwitzerland\u003cbr\u003e\nRest of Europe \u003cbr\u003e\nAsia-Pacific\u003cbr\u003e\nChina\u003cbr\u003e\nSouth Korea\u003cbr\u003e\nIndia\u003cbr\u003e\nJapan\u003cbr\u003e\nTaiwan\u003cbr\u003e\nSingapore\u003cbr\u003e\nAustralia \u0026amp; New Zealand\u003cbr\u003e\nRest of Asia-Pacific \u003cbr\u003e\nLatin America\u003cbr\u003e\nBrazil\u003cbr\u003e\nMexico\u003cbr\u003e\nRest of Latin America\u003cbr\u003e\nThe Middle East and Africa\u003cbr\u003e\nIsrael\u003cbr\u003e\nUAE\u003cbr\u003e\nRest of MEA5G IoT Market - Report SummaryReport MetricsDetailsYears Considered2021 - 2030Base Year2021Forecast Period2023-2030Page Count324Units ReferencedValue (USD Million)Segments\/Key TopicsMarket by Component, Market by Device Range, Market by Architecture, Market by Application, Market by End User Market, by GeographyRegions CoveredNorth America, Europe, Asia-Pacific, Latin America, and Middle East \u0026amp; AfricaKey Companies MentionedTelefonaktiebolaget LM Ericsson (Sweden), Nokia Corporation (Finland), Qualcomm Incorporated (U.S.), AT\u0026amp;T Inc. (U.S.), Vodafone Limited (U.K.), SK Telecom Co., Ltd. (South Korea), Samsung Electronics Co., Ltd. (South Korea), NEC Corporation (Japan), Telit (U.K.), Cisco Systems, Inc. (U.S.), Intel Corporation (U.S.), ZTE Corporation (China), IBM Corporation (U.S.), Thales Group (France), Sierra Wireless, Inc. (Canada), T?Mobile US, Inc. (U.S.), Verizon Communications Inc. (U.S.), Juniper Networks Inc. (U.S.), and Huawei Technologies Co., Ltd. (China).\u003c\/p\u003e\n\n\u003cp\u003eFAQs About the Report\u003c\/p\u003e\n\n\u003cp\u003eWhat is the value of revenue generated from the sales of the 5G IoT solutions across the globe? At what rate is their demand expected to grow for the next 5–7 years?\u003c\/p\u003e\n\n\u003cp\u003eThe global 5G IoT market is projected to reach USD 17.68 billion by 2030 at a CAGR of 47.6% during the forecast period.\u003c\/p\u003e\n\n\u003cp\u003eWhich component segment showcases high growth opportunities for the 5G IoT market players?\u003c\/p\u003e\n\n\u003cp\u003eIn 2022, the solutions segment is expected to account for the larger share of the global 5G IoT market and is expected to record the higher CAGR during the forecast period. The increasing demand for cloud-based solutions, the proliferation of wireless technologies in industry operations and the increasing demand to enhance network capacity and coverage area.\u003c\/p\u003e\n\n\u003cp\u003eWhich architecture segments of the market are projected to create more traction in the 5G IoT market?\u003c\/p\u003e\n\n\u003cp\u003eIn 2022, the 5G NR Non-standalone (NSA) segment is expected to account for the larger share of the global 5G IoT market. The segment's growth is mainly attributed to the rising need for higher data transfer speeds, reliable communications, and increasing delivery efficiency at a low cost.\u003c\/p\u003e\n\n\u003cp\u003eWhat are the key factors driving the growth of the 5G IoT market? What are major opportunities for existing market players and new entrants in the market?\u003c\/p\u003e\n\n\u003cp\u003eThe growth of this market is driven by the growing significance of 5G IoT devices in smart city projects, increasing demand for low-latency IoT devices for Industrial 4.0, and increasing demand for digital wearable devices. The use of 5G IoT in self-driving vehicles and the high potential for 5G IoT in connected healthcare is expected to create market growth opportunities.\u003c\/p\u003e\n\n\u003cp\u003eWho are the major players operating in the global 5G IoT market?\u003c\/p\u003e\n\n\u003cp\u003eThe key players operating in the global 5G IoT market are Telefonaktiebolaget LM Ericsson (Sweden), Nokia Corporation (Finland), Qualcomm Incorporated (U.S.), AT\u0026amp;T Inc. (U.S.), Vodafone Limited (U.K.), SK Telecom Co., Ltd. (South Korea), Samsung Electronics Co., Ltd. (South Korea), NEC Corporation (Japan), Telit (U.K.), Cisco Systems, Inc. (U.S.), Intel Corporation (U.S.), ZTE Corporation (China), IBM Corporation (U.S.), Thales Group (France), Sierra Wireless, Inc. (Canada), T?Mobile US, Inc. (U.S.), Verizon Communications Inc. (U.S.), Juniper Networks Inc. (U.S.), and Huawei Technologies Co., Ltd. (China) and among others.\u003c\/p\u003e\n\n\u003cp\u003eWhich regions\/countries are expected to witness significant demand for 5G IoTs in the coming years?\u003c\/p\u003e\n\n\u003cp\u003eAsia-Pacific dominates the global 5G IoT market and is also expected to grow at the highest growth rate over the coming years.\u003c\/p\u003e","brand":"Service Industrries","offers":[{"title":"January, 2023 \/ - \/ MCW16272381","offer_id":47707755446578,"sku":null,"price":5010.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/5g-iot-market-by-component-solutions-connectivity-services-architecture-5g-nr-standalone-5g-nr-non-standalone-application-autonomous-vehicles-security-surveillance-end-user-and-geography-global-forecast-to-2030","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}