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  • KSIA - Korea Semiconductor Industry Association
  • Hitachi Astemo Limited
  • Samsung Electronics
  • Halvo holdings
  • NTT corporation
  • AGC Inc
  • Siemens AG
  • Unilever
  • Merck Pharmaceuticals
  • Atlas Copco
  • Hologic - Medical Technology company
  • Novartis
  • Henkel
  • Reckitt
  • FAQs

    5G IoT Market size was valued at USD 18.09 Billion in 2024 and is poised to grow from USD 24.42 Billion in 2025 to USD 269.43 Billion by 2033, growing at a CAGR of 35% during the forecast period (2026–2033).

    The global 5G IoT market is projected to emerge as highly opportune owing to rising investments in digitization and electrification of the 5G industry. The launch of new 5G IoT solutions is projected to be the prime focus of all 5G IoT market players. Integration of advanced technologies to improve the overall driving experience using 5G IoT products will also provide new opportunities for 5G IoT companies going forward. Collaborations with 5G companies will be highly vital for 5G IoT providers in the long run. 'Qualcomm Incorporated (USA)', 'Ericsson (Sweden) ', 'Nokia Corporation (Finland) ', 'Samsung Electronics Co., Ltd. (South Korea) ', 'Huawei Technologies Co., Ltd. (China) ', 'Intel Corporation (USA) ', 'Verizon Communications Inc. (USA) ', 'AT&T Inc. (USA) ', 'T-Mobile US, Inc. (USA) ', 'Vodafone Group plc (UK) ', 'Deutsche Telekom AG (Germany) ', 'China Mobile Limited (China) ', 'Cisco Systems, Inc. (USA) ', 'IBM Corporation (USA) ', 'Microsoft Corporation (USA) ', 'Arm Limited (UK) ', 'Sierra Wireless (Canada) ', 'Thales Group (France) ', 'Telit (UK) ', 'MediaTek Inc. (Taiwan)'

    5G is a relatively new connectivity technology but has seen a rapid hike in popularity ever since its first launch. Governments and 5G providers alike are investing heavily in expansion of their 5G networks to boost their revenue and this will also help the 5G IoT market expand in the future.

    Smart City Initiatives: 5G IoT companies can target smart city initiatives to expand their business scope. Developing specialized 5G IoT solutions that cater to smart technologies used in smart cities will also offer new business scope for 5G IoT companies in the future.

    Increasing deployment of 5G network technology in multiple countries such as Japan, China, Hong Kong, and India allow the Asia Pacific region to dominate the global 5G IoT market. Rising demand for automation across multiple industry verticals will also create new business scope for 5G IoT companies in this region. Significant investments by governments to develop 5G infrastructure are also expected to help the Asia Pacific region's dominance across the study period. The presence of key automotive manufacturers and the rising use of IoT by them will also boost 5G IoT market growth.

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    Global 5G IoT Market

    Report ID: SQMIG45A2328

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