GITNUX MARKETDATA REPORT 2024

5G Iot Industry Statistics

The 5G IoT industry is expected to reach a market size of $125.6 billion by 2025, with a compound annual growth rate of 29.8%.

Statistic 1

"The global 5G in IoT market was valued at USD 687.6 million in 2019."

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Statistic 2

"North America contributed to the largest 5G IoT market share in 2019."

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Statistic 3

"The Manufacturing segment in the 5G in IoT market is projected to grow at the highest CAGR during the forecast period."

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Statistic 4

"The 5G IoT industry in Asia-Pacific is expected to grow at the fastest CAGR of 54.6% from 2021 to 2027."

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Statistic 5

"5G is estimated to make up 20% of total IoT connections by 2025."

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Statistic 6

"The global 5G IoT market is expected to post a CAGR of over 54% during the period 2021-2026."

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Statistic 7

"The market for 5G IoT in the automotive industry is expected to grow at a CAGR of over 33% from 2021 to 2027."

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Statistic 8

"Only about a quarter of IoT devices will be connected to 5G by 2030."

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Statistic 9

"IoT devices capable of utilizing 5G low-frequency spectrum are predicted to reach 200 million units by 2023."

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Statistic 10

"5G technology is expected to enable $12.3 trillion of global economic output by 2035."

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Statistic 11

"The 5G IoT market for surveillance cameras is expected to grow at a CAGR of over 28% by 2027."

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Statistic 12

"The Broadband IoT segment is expected to hold the largest share of the 5G IoT market in the next 5 years."

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Statistic 13

"The Healthcare industry is expected to account for 31% of 5G IoT use cases by 2030."

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Statistic 14

"The shipping industry could reduce costs by up to 20% using 5G-powered IoT."

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