Browse in-depth TOC on “5G IoT Market”
281 – Tables
64 – Figures
330 – Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=164027845
Connectivity segment to grow at the highest CAGR during the forecast period
5G is the next-generation connectivity technology that would enable a wide range of IoT devices to communicate in short- and long-range distances. It promises higher speed, wider coverage, greater security, and lower latency. It significantly improves the power consumption of IoT devices and supports connectivity for millions of connected devices. 5G has a wide range of use cases across manufacturing, energy and utilities, healthcare, government, automotive, retail, and agriculture. NB-IoT and LTE-M have already started gaining traction, building a strong framework for cellular IoT to support a broad range of IoT use cases such as telemedicine, smart meters, connected cars, fleet management, and smart cities.
Healthcare is expected to grow at the highest CAGR during the forecast period
5G opportunities in healthcare rely on a combination of massive IoT and enhanced broadband to support telemedicine. 5G IoT improves diagnoses requiring multiple connections at a remote site (patient dialysis at home or remote control of medical equipment). Telemedicine and connected equipment inside hospitals would be possible using 5G. Massive IoT strides were witnessed in 2020. For Instance, Saratoga Hospital in Saratoga Springs, New York, US, was bogged down with administrative tasks such as taking patients vital signs every few hours and manually logging results. To improve clinical outcomes and enhance patient safety, the organization turned to Philips for the IoT-enabled patient monitoring technology.
Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=164027845
APAC region to record the highest market share in the 5G IoT market in 2020
APAC is the fastest-growing region in the 5G IoT market; this growth can be attributed to the significant adoption of advanced technologies, the proliferation of IoT-enabled devices, continuously enhancing network connectivity and government initiatives for IoT. APAC is one of the biggest markets for connected devices. APAC is a diversified region that houses a wide range of countries moving toward digital transformation. The region is set to dominate 5G, edge computing, blockchain, and 5G core technology, due to its size, diversity, and the strategic lead taken by countries, including Singapore, South Korea, China, Australia, and Japan.
Key and innovative vendors in the 5G IoT market include China Mobile (China), AT&T (US), Verizon (US), T-Mobile (US), Vodafone (UK), Orange S.A (France), Telefonica (Spain), SK Telecom (South Korea), Deutsche Telekom (Germany), Ericsson (Sweden), Huawei (China), Nokia (Finland), Samsung (South Korea), Cisco (US), NEC (Japan), Sierra Wireless (Canada), Thales (France), Telit (UK), Quectel (China), SIMCom (China), GosuncnWelink (China), Neoway (China), Fibocom (China), u-blox (Switzerland), and Sequans (France).
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarketss flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441