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Global 5G and IoT Services Market Research Report 2024
Synopsis
5G is the next evolutionary step in mobile communications, which has seen the maturity of mobile networks from 2G to 3G to 4G. 5G, as it is rolled out more widely, will be used to support mission critical IoT, which relies on the low latency, high bandwidth of 5G to enable future use cases such as assisted driving, delivery robots, automated guided vehicles (AGVs) , connected drones and public safety applications.
Global 5G and IoT Services market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole 5G and IoT Services market research.
The rising demand for connected devices and the use of 5G IoT in Industry 4.0 are the significant factors driving the market growth. 5G enables the most advanced network, designed to link nearly anything and everyone, including objects, machines, and gadgets. These devices are utilized in fleet management, smart buildings, logistics, capabilities networks, smart agriculture, tracking, remote healthcare, traffic safety & control, smart grid automation, and various other applications. Machine-to-machine connection is required for simple control and monitoring of these applications. The extensive applications enabled by 5G-linked devices are expected to accelerate the adoption of Machine-to-Machine (M2M) communications. Growing investment in 5G IoT its application and use cases is also a significant factor contributing to the growth of the market. Worldwide IoT investments are expanding and are likely to continue throughout the forecast period. The possibility of IoT significantly boosting productivity as well as modifying and improving present business models is driving investments in the technology. Furthermore, IoT provides several benefits, such as big data for crucial data overview and management, IoT devices for cost optimization, smart device security, and improved machine/device efficiency. Because of these advantages, businesses, and investors worldwide are spending extensively in IoT, which bodes well for the growth.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global 5G and IoT Services market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
AT&T
Verizon
T-Mobile US
Vodafone Group
Orange S.A.
Telefónica
SK Telecom
Deutsche Telekom
Ericsson
Nokia
Samsung
Cisco
NEC Corporation
Semtech Corporation
Telit
Fibocom Wireless
Nippon Telegraph and Telephone
Tri Cascade Inc.
Sequans Communications
Zhuzhou Hongda Electronics Corp.,Ltd.
Shenzhen Neoway Tech
Sunsea Telecommunication
Quectel Wireless
Huawei
China Mobile
Segment by Type
Low Band
Mid Band
High Band
Segment by Application
Industry
Automobile
Medical
Municipal
Agriculture
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The 5G and IoT Services report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies' Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
5G is the next evolutionary step in mobile communications, which has seen the maturity of mobile networks from 2G to 3G to 4G. 5G, as it is rolled out more widely, will be used to support mission critical IoT, which relies on the low latency, high bandwidth of 5G to enable future use cases such as assisted driving, delivery robots, automated guided vehicles (AGVs) , connected drones and public safety applications.
Global 5G and IoT Services market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole 5G and IoT Services market research.
The rising demand for connected devices and the use of 5G IoT in Industry 4.0 are the significant factors driving the market growth. 5G enables the most advanced network, designed to link nearly anything and everyone, including objects, machines, and gadgets. These devices are utilized in fleet management, smart buildings, logistics, capabilities networks, smart agriculture, tracking, remote healthcare, traffic safety & control, smart grid automation, and various other applications. Machine-to-machine connection is required for simple control and monitoring of these applications. The extensive applications enabled by 5G-linked devices are expected to accelerate the adoption of Machine-to-Machine (M2M) communications. Growing investment in 5G IoT its application and use cases is also a significant factor contributing to the growth of the market. Worldwide IoT investments are expanding and are likely to continue throughout the forecast period. The possibility of IoT significantly boosting productivity as well as modifying and improving present business models is driving investments in the technology. Furthermore, IoT provides several benefits, such as big data for crucial data overview and management, IoT devices for cost optimization, smart device security, and improved machine/device efficiency. Because of these advantages, businesses, and investors worldwide are spending extensively in IoT, which bodes well for the growth.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global 5G and IoT Services market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
AT&T
Verizon
T-Mobile US
Vodafone Group
Orange S.A.
Telefónica
SK Telecom
Deutsche Telekom
Ericsson
Nokia
Samsung
Cisco
NEC Corporation
Semtech Corporation
Telit
Fibocom Wireless
Nippon Telegraph and Telephone
Tri Cascade Inc.
Sequans Communications
Zhuzhou Hongda Electronics Corp.,Ltd.
Shenzhen Neoway Tech
Sunsea Telecommunication
Quectel Wireless
Huawei
China Mobile
Segment by Type
Low Band
Mid Band
High Band
Segment by Application
Industry
Automobile
Medical
Municipal
Agriculture
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The 5G and IoT Services report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies' Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global 5G and IoT Services Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Low Band
1.2.3 Mid Band
1.2.4 High Band
1.3 Market by Application
1.3.1 Global 5G and IoT Services Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Industry
1.3.3 Automobile
1.3.4 Medical
1.3.5 Municipal
1.3.6 Agriculture
1.3.7 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global 5G and IoT Services Market Perspective (2018-2029)
2.2 5G and IoT Services Growth Trends by Region
2.2.1 Global 5G and IoT Services Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 5G and IoT Services Historic Market Size by Region (2018-2023)
2.2.3 5G and IoT Services Forecasted Market Size by Region (2024-2029)
2.3 5G and IoT Services Market Dynamics
2.3.1 5G and IoT Services Industry Trends
2.3.2 5G and IoT Services Market Drivers
2.3.3 5G and IoT Services Market Challenges
2.3.4 5G and IoT Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top 5G and IoT Services Players by Revenue
3.1.1 Global Top 5G and IoT Services Players by Revenue (2018-2023)
3.1.2 Global 5G and IoT Services Revenue Market Share by Players (2018-2023)
3.2 Global 5G and IoT Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by 5G and IoT Services Revenue
3.4 Global 5G and IoT Services Market Concentration Ratio
3.4.1 Global 5G and IoT Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by 5G and IoT Services Revenue in 2022
3.5 5G and IoT Services Key Players Head office and Area Served
3.6 Key Players 5G and IoT Services Product Solution and Service
3.7 Date of Enter into 5G and IoT Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 5G and IoT Services Breakdown Data by Type
4.1 Global 5G and IoT Services Historic Market Size by Type (2018-2023)
4.2 Global 5G and IoT Services Forecasted Market Size by Type (2024-2029)
5 5G and IoT Services Breakdown Data by Application
5.1 Global 5G and IoT Services Historic Market Size by Application (2018-2023)
5.2 Global 5G and IoT Services Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America 5G and IoT Services Market Size (2018-2029)
6.2 North America 5G and IoT Services Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America 5G and IoT Services Market Size by Country (2018-2023)
6.4 North America 5G and IoT Services Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe 5G and IoT Services Market Size (2018-2029)
7.2 Europe 5G and IoT Services Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe 5G and IoT Services Market Size by Country (2018-2023)
7.4 Europe 5G and IoT Services Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific 5G and IoT Services Market Size (2018-2029)
8.2 Asia-Pacific 5G and IoT Services Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific 5G and IoT Services Market Size by Region (2018-2023)
8.4 Asia-Pacific 5G and IoT Services Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America 5G and IoT Services Market Size (2018-2029)
9.2 Latin America 5G and IoT Services Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America 5G and IoT Services Market Size by Country (2018-2023)
9.4 Latin America 5G and IoT Services Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa 5G and IoT Services Market Size (2018-2029)
10.2 Middle East & Africa 5G and IoT Services Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa 5G and IoT Services Market Size by Country (2018-2023)
10.4 Middle East & Africa 5G and IoT Services Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 AT&T
11.1.1 AT&T Company Detail
11.1.2 AT&T Business Overview
11.1.3 AT&T 5G and IoT Services Introduction
11.1.4 AT&T Revenue in 5G and IoT Services Business (2018-2023)
11.1.5 AT&T Recent Development
11.2 Verizon
11.2.1 Verizon Company Detail
11.2.2 Verizon Business Overview
11.2.3 Verizon 5G and IoT Services Introduction
11.2.4 Verizon Revenue in 5G and IoT Services Business (2018-2023)
11.2.5 Verizon Recent Development
11.3 T-Mobile US
11.3.1 T-Mobile US Company Detail
11.3.2 T-Mobile US Business Overview
11.3.3 T-Mobile US 5G and IoT Services Introduction
11.3.4 T-Mobile US Revenue in 5G and IoT Services Business (2018-2023)
11.3.5 T-Mobile US Recent Development
11.4 Vodafone Group
11.4.1 Vodafone Group Company Detail
11.4.2 Vodafone Group Business Overview
11.4.3 Vodafone Group 5G and IoT Services Introduction
11.4.4 Vodafone Group Revenue in 5G and IoT Services Business (2018-2023)
11.4.5 Vodafone Group Recent Development
11.5 Orange S.A.
11.5.1 Orange S.A. Company Detail
11.5.2 Orange S.A. Business Overview
11.5.3 Orange S.A. 5G and IoT Services Introduction
11.5.4 Orange S.A. Revenue in 5G and IoT Services Business (2018-2023)
11.5.5 Orange S.A. Recent Development
11.6 Telefónica
11.6.1 Telefónica Company Detail
11.6.2 Telefónica Business Overview
11.6.3 Telefónica 5G and IoT Services Introduction
11.6.4 Telefónica Revenue in 5G and IoT Services Business (2018-2023)
11.6.5 Telefónica Recent Development
11.7 SK Telecom
11.7.1 SK Telecom Company Detail
11.7.2 SK Telecom Business Overview
11.7.3 SK Telecom 5G and IoT Services Introduction
11.7.4 SK Telecom Revenue in 5G and IoT Services Business (2018-2023)
11.7.5 SK Telecom Recent Development
11.8 Deutsche Telekom
11.8.1 Deutsche Telekom Company Detail
11.8.2 Deutsche Telekom Business Overview
11.8.3 Deutsche Telekom 5G and IoT Services Introduction
11.8.4 Deutsche Telekom Revenue in 5G and IoT Services Business (2018-2023)
11.8.5 Deutsche Telekom Recent Development
11.9 Ericsson
11.9.1 Ericsson Company Detail
11.9.2 Ericsson Business Overview
11.9.3 Ericsson 5G and IoT Services Introduction
11.9.4 Ericsson Revenue in 5G and IoT Services Business (2018-2023)
11.9.5 Ericsson Recent Development
11.10 Nokia
11.10.1 Nokia Company Detail
11.10.2 Nokia Business Overview
11.10.3 Nokia 5G and IoT Services Introduction
11.10.4 Nokia Revenue in 5G and IoT Services Business (2018-2023)
11.10.5 Nokia Recent Development
11.11 Samsung
11.11.1 Samsung Company Detail
11.11.2 Samsung Business Overview
11.11.3 Samsung 5G and IoT Services Introduction
11.11.4 Samsung Revenue in 5G and IoT Services Business (2018-2023)
11.11.5 Samsung Recent Development
11.12 Cisco
11.12.1 Cisco Company Detail
11.12.2 Cisco Business Overview
11.12.3 Cisco 5G and IoT Services Introduction
11.12.4 Cisco Revenue in 5G and IoT Services Business (2018-2023)
11.12.5 Cisco Recent Development
11.13 NEC Corporation
11.13.1 NEC Corporation Company Detail
11.13.2 NEC Corporation Business Overview
11.13.3 NEC Corporation 5G and IoT Services Introduction
11.13.4 NEC Corporation Revenue in 5G and IoT Services Business (2018-2023)
11.13.5 NEC Corporation Recent Development
11.14 Semtech Corporation
11.14.1 Semtech Corporation Company Detail
11.14.2 Semtech Corporation Business Overview
11.14.3 Semtech Corporation 5G and IoT Services Introduction
11.14.4 Semtech Corporation Revenue in 5G and IoT Services Business (2018-2023)
11.14.5 Semtech Corporation Recent Development
11.15 Telit
11.15.1 Telit Company Detail
11.15.2 Telit Business Overview
11.15.3 Telit 5G and IoT Services Introduction
11.15.4 Telit Revenue in 5G and IoT Services Business (2018-2023)
11.15.5 Telit Recent Development
11.16 Fibocom Wireless
11.16.1 Fibocom Wireless Company Detail
11.16.2 Fibocom Wireless Business Overview
11.16.3 Fibocom Wireless 5G and IoT Services Introduction
11.16.4 Fibocom Wireless Revenue in 5G and IoT Services Business (2018-2023)
11.16.5 Fibocom Wireless Recent Development
11.17 Nippon Telegraph and Telephone
11.17.1 Nippon Telegraph and Telephone Company Detail
11.17.2 Nippon Telegraph and Telephone Business Overview
11.17.3 Nippon Telegraph and Telephone 5G and IoT Services Introduction
11.17.4 Nippon Telegraph and Telephone Revenue in 5G and IoT Services Business (2018-2023)
11.17.5 Nippon Telegraph and Telephone Recent Development
11.18 Tri Cascade Inc.
11.18.1 Tri Cascade Inc. Company Detail
11.18.2 Tri Cascade Inc. Business Overview
11.18.3 Tri Cascade Inc. 5G and IoT Services Introduction
11.18.4 Tri Cascade Inc. Revenue in 5G and IoT Services Business (2018-2023)
11.18.5 Tri Cascade Inc. Recent Development
11.19 Sequans Communications
11.19.1 Sequans Communications Company Detail
11.19.2 Sequans Communications Business Overview
11.19.3 Sequans Communications 5G and IoT Services Introduction
11.19.4 Sequans Communications Revenue in 5G and IoT Services Business (2018-2023)
11.19.5 Sequans Communications Recent Development
11.20 Zhuzhou Hongda Electronics Corp.,Ltd.
11.20.1 Zhuzhou Hongda Electronics Corp.,Ltd. Company Detail
11.20.2 Zhuzhou Hongda Electronics Corp.,Ltd. Business Overview
11.20.3 Zhuzhou Hongda Electronics Corp.,Ltd. 5G and IoT Services Introduction
11.20.4 Zhuzhou Hongda Electronics Corp.,Ltd. Revenue in 5G and IoT Services Business (2018-2023)
11.20.5 Zhuzhou Hongda Electronics Corp.,Ltd. Recent Development
11.21 Shenzhen Neoway Tech
11.21.1 Shenzhen Neoway Tech Company Detail
11.21.2 Shenzhen Neoway Tech Business Overview
11.21.3 Shenzhen Neoway Tech 5G and IoT Services Introduction
11.21.4 Shenzhen Neoway Tech Revenue in 5G and IoT Services Business (2018-2023)
11.21.5 Shenzhen Neoway Tech Recent Development
11.22 Sunsea Telecommunication
11.22.1 Sunsea Telecommunication Company Detail
11.22.2 Sunsea Telecommunication Business Overview
11.22.3 Sunsea Telecommunication 5G and IoT Services Introduction
11.22.4 Sunsea Telecommunication Revenue in 5G and IoT Services Business (2018-2023)
11.22.5 Sunsea Telecommunication Recent Development
11.23 Quectel Wireless
11.23.1 Quectel Wireless Company Detail
11.23.2 Quectel Wireless Business Overview
11.23.3 Quectel Wireless 5G and IoT Services Introduction
11.23.4 Quectel Wireless Revenue in 5G and IoT Services Business (2018-2023)
11.23.5 Quectel Wireless Recent Development
11.24 Huawei
11.24.1 Huawei Company Detail
11.24.2 Huawei Business Overview
11.24.3 Huawei 5G and IoT Services Introduction
11.24.4 Huawei Revenue in 5G and IoT Services Business (2018-2023)
11.24.5 Huawei Recent Development
11.25 China Mobile
11.25.1 China Mobile Company Detail
11.25.2 China Mobile Business Overview
11.25.3 China Mobile 5G and IoT Services Introduction
11.25.4 China Mobile Revenue in 5G and IoT Services Business (2018-2023)
11.25.5 China Mobile Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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