Trouble in Your Tank: Organic Addition Agents in Electrolytic Copper Plating
Marcy’s Musings: Can You Hear the Voices?
Facing the Future: Successfully Navigating the Uncertain Path Ahead
5G IoT Market Size Set to Grow by $77,586.17 million from 2022 to 2027
May 30, 2023 | PRNewswireEstimated reading time: 1 minute
The global 5G iot market size is estimated to grow by USD 77,586.17 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 106.67%, during the forecast period. APAC is estimated to account for 48% of the global market growth during the forecast period. The growth in the regional market can be attributed to the growing demand for high-speed connectivity and telecommunications. The improving telecommunications sector in developing countries, as well as developed markets, are further estimated to boost the growth of the 5G IoT market in the region. Additionally, the market for 5G devices is growing due to the increasing number of mobile subscribers in the region. Hence, such factors drive regional growth in the market during the forecast period. For more insights on the historic period (2017 to 2021) and forecast market size (2023 to 2027) - Request a sample report
5G IoT Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on type (5G non-standalone and 5G standalone), component (hardware, services, platform, and connectivity), and geography (APAC, North America, Europe, Middle East and Africa, and South America).
The market share growth by the 5G non-standalone segment will be significant for overall market growth during the forecast period. Autonomous vehicles move from trials to commercial deployments and drive the demand for 5G IoT devices during the forecast period. At the same time, established companies in the energy and utilities industry continue to have an interest in using the latest technologies to automate their power generation and distribution processes. Hence, due to the increasing demand for high-speed data, the global 5G IoT market is expected to witness high growth during the forecast period.
Share on:
Suggested Items
China Smartphone Market Grew 3.3% in 1Q25, Outperforming Global Growth Ahead of US-China Trade Tensions
04/17/2025 | IDCAccording to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, China's smartphone market shipped 71.6 million units in 1Q25, a 3.3% year-on-year (YoY) increase.
IPC Strengthens Electronics Industry Awareness with Appointment of Carrie Sessine as Global Communications Vice President
04/16/2025 | IPCIPC, the global electronics association, announces the strategic appointment of Carrie Sessine as vice president of global communications. This newly created executive position underscores the association’s commitment to championing the electronics industry's critical contributions to global innovation and economic growth.
QD-OLED to Account for 73% of OLED Monitor Shipments in 2025, Driven by Advancing Technology and New Products
04/16/2025 | TrendForceTrendForce’s latest investigations reveal that ongoing advancements in OLED displays are propelling the growth of QD-OLED monitor shipments. QD-OLED’s share of OLED monitor shipments is expected to rise from 68% in 2024 to 73% in 2025, highlighting its strong competitiveness in the high-end monitor market.
Worldwide Smartphone Market Grew 1.5% in Q1 2025, Amid On-going US-China Trade Tension
04/15/2025 | IDCAccording to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker , global smartphone shipments increased 1.5% year-over-year (YoY) to 304.9 million units in the first quarter of 2025 (1Q25).
The Marketing Minute: Strategic Short-form Content Builds Brand Momentum
04/17/2025 | Brittany Martin -- Column: The Marketing MinuteLast month, I shared how long-form content—like white papers, technical articles, and thought leadership pieces—can establish your company as a knowledgeable, trusted voice in the electronics industry. Long-form content is powerful, but it’s only half the equation. If long-form is the foundation, short-form content is the fuel that keeps your brand top-of-mind and your message moving.