5G Industrial IoT Market Revolutionizing Smart Manufacturing

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The Global 5G Industrial IoT (IIoT) Market Size, Scope, and Forecast 2025-2034 report is now part of Exactitude Consultancy's Market Research collection. Industry experts and researchers provide an authoritative and concise analysis of the 5G Industrial IoT (IIoT) Market, covering key aspects such as growth drivers, challenges, restraints, developments, and opportunities. This report delivers a precise evaluation of shifting market dynamics and emerging trends. Additionally, it offers a forward-looking perspective on factors expected to drive the growth of the global 5G Industrial IoT (IIoT) Market in the coming years.

In 2024, the market was valued at approximately USD 2.24 billion and is projected to reach around USD 22.96 billion by 2031, reflecting a compound annual growth rate (CAGR) of 37.24% during the forecast period.

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Some of the key players profiled in the study are Qualcomm Technologies, Inc., Ericsson, Nokia, Huawei Technologies Co., Ltd., Cisco Systems, AT&T, IBM Corporation, Microsoft Corporation, Siemens AG, Verizon, Telit Cinterion, Cavli Wireless, Sequans Communications, Samsung Electronics, ZTE Corporation, Intel Corporation, Oracle Corporation, MTN Group, Telefónica, Vodafone Group and other Prominent players.

This report is also available in the following languages: Japanese (5G 産業 IoT (IIoT)), Korea (5G 산업용 IoT(IIoT)), china (5G 工业物联网 (IIoT)), French (IoT industriel 5G (IIoT)), German (5G Industrielles IoT (IIoT)), and Italy (IoT industriale 5G (IIoT)), etc.

Key Players In This Report Include: Qualcomm Technologies, Inc., Ericsson, Nokia, Huawei Technologies Co., Ltd., Cisco Systems, AT&T, IBM Corporation, Microsoft Corporation, Siemens AG, Verizon, Telit Cinterion, Cavli Wireless, Sequans Communications, Samsung Electronics, ZTE Corporation, Intel Corporation, Oracle Corporation, MTN Group, Telefónica, Vodafone Group and other.

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The segmental analysis section of the report includes a thorough research study on key type and application segments of the 5G Industrial IoT (IIoT) market

By Component:

Hardware: Includes devices such as sensors, actuators, and gateways essential for industrial IoT applications.

Software: Encompasses platforms and analytics tools that facilitate data processing and decision-making.

Services: Comprises consulting, integration, and maintenance services to support the deployment and operation of 5G industrial IoT solutions.

By Technology:

5G New Radio (NR) Non-Standalone: Utilizes existing LTE infrastructure combined with 5G capabilities.

5G New Radio (NR) Standalone: Operates with a dedicated 5G infrastructure, offering enhanced performance and capabilities.

By Application:

Predictive Maintenance: Monitoring equipment health to predict and prevent failures.

Real-Time Workforce Tracking and Management: Enhancing operational efficiency through real-time monitoring of personnel.

If opting for the Global version of 5G Industrial IoT (IIoT) Market; then the below country analysis would be included:

– North America (the USA, Canada, and Mexico)
– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland, and the Rest of Europe)
– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and the Rest of APAC)
– South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)
– the Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)

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Important years considered in the 5G Industrial IoT (IIoT) study:

Historical year – 2020-2023;
Base year – 2024;
Forecast period** – 2025 to 2034 [** unless otherwise stated]

What is new in 2025?

Significant developments that could reshape the business landscape and impact market forecasts.

Expanded and refined market segmentation, offering deeper insights or broader coverage of key segments.

Updated financial data and revised product portfolios of key companies operating in the 5G Industrial IoT (IIoT) market.

Latest market trends and strategic developments of the profiled players.

Incorporation of new data points, analytical frameworks, or insights not featured in previous editions of the report.

Customization services available with the report:

- Country level market for 5G Industrial IoT (IIoT) market (up to 5)
- Profiling and additional market players (up to 5)
- Up to 40 hours of customization.
- post-sales support for 1 year from the date of delivery.

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