5G IoT Market Set For Dazzling Growth | Competitive Outlook: NEC - openPR

5G IoT Market Set For Dazzling Growth

This 5G IoT report is generated by performing high-level market research analysis of key marketplace segments to identify opportunities, challenges, drivers, and market structures for clients. The analysis and estimations conducted via this 5G IoT report help to get an idea about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values. Being a wide-ranging 5G IoT market research report, it is sure to help grow your business in several ways. This 5G IoT market report employs the use of the latest tools and techniques for researching, analyzing and collecting data and information.
According to DBMR study, over the next five years, the 5G IoT market will register an xx% CAGR in terms of revenue, the global market size will reach USD 6927.93 million by 2026.

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The use of 5G for Industrial IoT (IIoT) networks in particular will be of great importance to enterprise IIoT in certain industry verticals such as agriculture, logistics, and manufacturing. For example, we see IIoT in agriculture benefitting through the use of Unmanned Aerial Vehicle (UAV) operation over 5G networks due to ultra-low latency and high capacity availability.

Competitive Landscape: 5G IoT Market

NEC Corporation,
Bell,
Telefnica,
Telstra,
SingTel
ZTE Corporation,
Intel Corporation,
AT&T,
Rogers Communications,
NTT DATA Corporation,
Ericsson,
Fujitsu,
Huawei Technologies,
T-Mobile US Inc.
Verizon Communications
Broadcom Corporation,
Qualcomm,
Vodafone,
Samsung Electronics,
China Mobile,
Cisco Systems,
Deutsche Telekom AG
LG Electronics,
Nokia,
LG Uplus,
NTT DoCoMo Inc.
SK Telecom Co. Ltd.
KT Corporation, and others

The overall adoption of 5G NR standalone architecture is expected to increase during the forecast period, owing to a wide range of functionalities and core features that the architecture provides. The 5G NR standalone solutions have various new built-in capabilities such as network slicing, ultra-low latency, Control and User Plane Separation (CUPS), multi-Gbps support, and virtualization.

South Korea, China, and Japan are the prime APAC countries that have started several 5G-related activities. Asian telecom service providers, vendors, and government firms are determined to take the lead in 5G research and deployment.

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Key Market Segmentation

Segmentation by product type

Short-Range IoT Devices
Wide-Range IoT Devices

Segmentation by application

Manufacturing
Energy & Utilities
Healthcare
Government
Others

By Connection

Direct Connectivity,
Indirect Connectivity

Range

Short Range IoT Devices,
Wide Range IoT Devices

Regions Covered:

North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

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This release was published on openPR.

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5G IoT Market Set For Dazzling Growth | Competitive Outlook: NEC - openPR
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