Global 5G IoT Market Forecast to 2025: Market is Forecast to Grow at a CAGR of 55.4% - The State of 5G Commercialization

Dublin, April 19, 2019 (GLOBE NEWSWIRE) -- The "5G IoT Market by Connection, Radio Technology, Range, Vertical and Region - Global Forecast to 2025" report has been added to's offering.

The global 5G IoT market is in the nascent phase and expected to grow from USD 694.0 million in 2020 to USD 6,285.5 million by 2025, at a Compound Annual Growth Rate (CAGR) of 55.4% during the forecast period.

IoT has been radically changing consumer and business landscape over the past few decades. The number of connected devices is expected to reach around 22 to 25 billion by 2025 ranging from consumer wearable devices and industrial devices to connected cars. The diverse set of connected devices from a range of verticals needs a unique communication infrastructure. In addition, these connected devices require low power, faster connectivity, and higher security.

Today, several connectivity technologies are available in the market, such as non-cellular, non-carrier, cellular IoT, and satellite network. Bluetooth, Zigbee, Long Range (LoRa), Sigfox, Low-Power Wide Area Network (LPWAN), Radio-Frequency Identification (RFID), Bluetooth Low Energy (BLE), Wireless Local Area Network (WLAN), and Long-Term Evolution (LTE) (Category M1 (Cat-M1) and Narrowband-IoT (NB-IoT)) are some of the key options available in the market for IoT connectivity. Enterprises are leveraging these communication techniques as per the demand and requirement of the IoT network.

The factors that propel the growth of the 5G IoT market include the increasing connected IoT devices, growing demand for low latency, growing data traffic, and developing a 5G ecosystem. However, there are factors, such as higher CAPEX for 5G implementation, government regulations, and backhaul connectivity issues that may hamper the growth of the 5G IoT market. The emergence of 5G, IoT, and M2M communication, and rapid development of network infrastructure would unlock several opportunities for 5G IoT providers.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Global 5G IoT Market
4.2 5G IoT Market, By Range

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Growing Demand for Low Latency Connectivity Increasing Number of Connected IoT Devices Growing Data Traffic
5.2.2 Restraints High Capex for Infrastructure
5.2.3 Opportunities Rapid Development of Infrastructures Increasing Number of Cloud Services
5.2.4 Challenges Issues Related to Global Spectrum Government Regulations
5.3 5G Trials and Deployments
5.4 State of 5G Commercialization

6 5G IoT Market, By Connection
6.1 5G IoT Connections
6.1.1 Emerging New Use Cases to Drive the Growth of IoT Connections

7 5G IoT Market, By Radio Technology
7.1 Introduction
7.2 5G New Radio Standalone Architecture
7.2.1 High Performances and Low Complexities to Drive the 5G New Radio Standalone Architecture Segment
7.3 5G New Radio Non-Standalone Architecture
7.3.1 Low Deployment Cost and Faster Route to Market to Drive the 5G New Radio Non-Standalone Architecture Segment

8 5G IoT Market, By Range
8.1 Introduction
8.2 Short-Range IoT Devices
8.2.1 Low Latency and High Power 5G Capabilities to Drive the Short-Range IoT Devices Segment
8.3 Wide-Range IoT Devices
8.3.1 Convergence of Verticals to Increase the Number of Wide-Range IoT Devices

9 5G IoT Market, By Vertical
9.1 Introduction
9.2 Manufacturing
9.2.1 5G Connectivity to Boost Automation in the Manufacturing Vertical
9.3 Energy and Utilities
9.3.1 IoT Solutions Improvise Analytics-Based Decision-Making By Diminishing the Threats and Vulnerabilities in the Energy and Utilities Vertical
9.4 Government
9.4.1 Connected Devices to Be Used to Keep Both Public and Citizen Spaces Safe
9.5 Healthcare
9.5.1 5G Provides Uninterrupted High-Speed Data Transfer for Short as Well as Long-Range Distances
9.6 Transportation and Logistics
9.6.1 Fleet Management to Drive the 5G IoT Market in the Transportation Vertical
9.7 Mining
9.7.1 5G IoT Network at Mining Sites Saves Energy
9.8 Others

10 5G IoT Market, By Region
10.1 Introduction
10.2 North America
10.2.1 North America to Lead the Market Due to the Implementation of 5G Services By Telcos
10.3 Europe
10.3.1 Government Initiatives By European Union to Drive the Deployment of 5G Services in Europe
10.4 Asia Pacific
10.4.1 With A Strong Collaboration Strategy in Place, South Korea to Lead the 5G Path in Asia Pacific
10.5 Rest of the World

11 Competitive Landscape
11.1 Overview
11.2 Competitive Scenario
11.2.1 Partnerships and Collaboration
11.2.2 New Service Launches
11.2.3 Acquisitions
11.2.4 Business Expansion and Network Expansion

12 Company Profiles
12.1 Introduction
12.2 Ericsson
12.3 Nokia
12.4 Huawei
12.5 AT&T
12.6 Verizon
12.7 Sprint
12.8 Telefnica
12.9 BT Group
12.10 Vodafone
12.11 Telstra
12.12 Etisalat
12.13 Telus
12.14 Bell Canada
12.15 Singtel
12.16 Rogers

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