The global 5G IoT market is anticipated to grow significantly at a CAGR of 38.8% over the forecast period. The key companies across the globe are adopting different business strategies including expanding their geographic presence, R&D activities, new product approvals, mergers & acquisitions, partnerships, and collaborations to increase market share. For instance, in January...

5G IoT Market Set to Surge at 73% CAGR, Reaching Over $208 Billion by 2029 The global 5G IoT market is poised for explosive growth, with a projected CAGR of 72.96% from USD 4.49 billion in 2022 to a staggering USD 208.23 billion by 2029, according to a new report by Maximize Market Research. This surge is fueled by the increasing adoption of 5G technology and its ability to unlock a new...

The research seeks to 5G IOT Market size and future growth potential across various segments, including deployment modes, end users, and geographic locations. The base year used to 5G IOT Market size ranges from 2023 to 2029. The secondary research component of the study technique utilized to assess and forecast the 5G IOT Market involved gathering information on important vendor revenues....

The Asia-Pacific 5G IoT market is anticipated to grow significantly at a CAGR of 40.5% over the forecast period. China, India, Japan, ASEAN, South Korea, and the Rest of Asia-Pacific are the key economies contributing to the growth of the Asia-Pacific 5G IoT market over the forecast period. The key aspect that drives the Asia-Pacific 5G IoT market growth is the extensive growth in the...

China's 5G IoT market is anticipated to grow significantly at a CAGR of 43.5% over the forecast period. China 5G market is segmented based on components, networks, and the end-user industry. Based on the components, the market is segmented as hardware, platform, connectivity, and services. Based on the network, the market is segmented into 5G standalone, and 5G non-standalone. The 5G...