5G IoT Market Analysis and Share - 2031
5G IoT Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2024 | US$ XX million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2025 - 2031) | 9.5% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
5G IoT Market News and Recent Developments
The 5G IoT market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the 5G IoT market are listed below:
- Verizon Business built a highly customized private 5G environment for Audi AG's automotive test track. Verizon Business and Audi AG announced a partnership to build a state-of-the-art private wireless network and tech-testing environment at Audi's automotive test track in Neustadt, Germany. The geographic flexibility of the Neustadt test-track network gives Audi a competitive advantage in the global market by streamlining its multi-territory R&D test cycle, better replicating driver/passenger experiences around the world, and providing access to the latest network and application technology. (Source: Verizon, News, February 2024)
- AT&T brought Elevated Wireless Experience to DFW Airport. Dallas Fort Worth International Airport (DFW) announced a new partnership with Dallas-based AT&T to provide the airport with a comprehensive wireless platform (CWP) that will enhance connectivity and critical infrastructure. AT&T will also deploy a private 5G network for the Airport's internal use to meet the rising demand for Internet of Things (IoT) use cases and the digitization of airport operations. (Source: AT&T, News, May 2023)
5G IoT Market Report Coverage & Deliverables
The 5G IoT market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. The market report "5G IoT Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering below areas-
- 5G IoT market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- 5G IoT market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter's Five Forces and SWOT analysis
- 5G IoT market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the 5G IoT market
- Detailed company profiles.