March 25, 2020

IoT Changing the Landscape of 5G - Major Trends to watch in “5G IoT” by 2020

The report aims to provide an overview of Global 5G IoT Market with detailed market segmentation by components, end-user verticals, and geography. The global 5G IoT market is expected to witness high growth during the forecast period. Predictive maintenance techniques in industrial equipment and avoidance of unscheduled downtimes in the production cycle are some of the major factors driving this market.

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The "Global 5G IoT Market Analysis to 2027" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of 5G IoT market with detailed market segmentation by component, product, and geography. The Global 5G IoT market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading 5G IoT market players and offers key trends and opportunities in the market.

Top Industry Players

AT&T, BT Group, Huawei Technologies, Nokia, Sprint, Telefonaktiebolaget LM Ericsson, Telefónica, Telstra Corporation, Verizon, Vodafone Group

The advent of 5G and the increasing number of connected devices have opened up new horizons for the internet of things. As the industrial revolution, industry 4.0 is gaining traction, a large number of sectors are ready to exploit the potential of 5G. The key players of 5G IoT are increasingly invested towards providing the right services to expand their business reach.

The 5G IoT market is anticipated to grow rapidly in the forecast period owing to driving factors such as rising data traffic coupled with an increasing number of connected IoT devices. Moreover, increasing demand for low latency connectivity is likely to propel market growth. However, government regulations and issues concerning global spectrum are significant challenges for the growth of the 5G IoT market during the forecast period. On the other hand, the growing number of cloud services is expected to offer lucrative opportunities for the players operating in the 5G IoT market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global 5G IoT market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The 5G IoT market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

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Key Benefits of Buying this Research Study:

·         Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global 5G IoT Market

·         Highlights key business priorities in order to assist companies to realign their business strategies

·         The key findings and recommendations highlight crucial progressive industry trends in the 5G IoT Market, thereby allowing players across the value chain to develop effective long term strategies

·         Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

·         Scrutinize in-depth Global market trends and outlook coupled with the factors driving the market, as well as those hindering it

·         Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

·         Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.