Summary-A new market study,”Global 5G Enabled Industrial IoT (IIoT) Market 2020-2030 by Offering, Application, Industry Vertical, and Region: Trend Forecast and Growth Opportunity” has been featured on WiseGuyReports.
Global 5G enabled IIoT market will reach $314.6 billion by 2030, growing by 26.9% annually over 2020-2030 despite the impact of COVID-19. The shipment of 5G enabled IIoT devices is expected to advance to 189.2 million units in 2030 driven by the fast-growing 5G deployment and its industrial applications.
Highlighted with 86 tables and 82 figures, this 174-page report “Global 5G Enabled Industrial IoT (IIoT) Market 2020-2030 by Offering, Application, Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global 5G enabled IIoT market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global 5G enabled IIoT market in every aspect of the classification from perspectives of Offering, Application, Industry Vertical, and Region.
Based on offering, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Other Hardware
• Professional Service
Based on application, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Remote Monitoring & Management
• Autonomous Robots
• Connectivity Solutions
• Infrastructure Solutions
• Interoperability Testing & Measurement
• AI-based Solution
• Data Analytics & Visualization
• Other Applications
Based on industry vertical, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Energy and Power
• E-commerce and Retail
• Other Verticals
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• RoW (Saudi Arabia, UAE, South Africa)
For each of the aforementioned regions and countries, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Offering, Application, and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global 5G enabled IIoT market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
Cisco Systems Inc.
Deutsche Telekom AG
Huawei Technologies Co. Ltd.
LG Electronics Inc.
LG Uplus Corp.
NTT DATA Corporation
NTT DoCoMo Inc.
Samsung Electronics Co. Ltd.
SK Telecom Co. Ltd.
T-Mobile US Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
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