Lucintel's latest market report analyzed that 5G IoT provides attractive opportunities in the manufacturing, energy and utility, government, healthcare, transportation and logistics, and mining industries. The 5G IoT market is expected to grow at a CAGR of 52%-57%. In this market, short range IoT devices are the largest segment by range.
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Based on range, the 5G IoT market is segmented into short range IoT devices and
wide range IoT devices. The short range IoT devices segment accounted for the
largest share of the market in 2020 due to growing demand from various end use
industries, such as manufacturing, healthcare, energy and utilities, and retail.
Browse in-depth TOC on “5G IoT Market”
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The 5G IoT market is marked by the presence of several big and small players. Some of the prominent players offering 5G IoT include Ericsson, Nokia, Huawei, AT&T, Verizon, Sprint, Telefónica, BT Group, Vodafone, Telstra, Etisalat, Telus, Bell Canada, Singtel, and Rogers.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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