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    5G Industrial IoT Market

    ID: 9079
    99 Pages
    Research Team
    07/2025

    5G Industrial IoT Market Research Report Information By Component (Hardware, Solution, and Service [Professional and Managed]), By Organization Size (Large Enterprise and Small & Medium Enterprise), By Application (Predictive Maintenance, Business Process Optimization, Asset Tracking & Management, Logistics & Supply Chain Management, Real-time Workforce Tracking & Management, Au...

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    Market Summary

    Research Methodology on 5G Industrial IoT Market


    1. Introduction


    The research is focused on the study of the  5G Industrial IoT Market. IoT stands for the Internet of Things, which is a network of physical devices, vehicles, and other items embedded with electronics, software, sensors, and network connectivity, which enables these objects to connect and exchange data. 5G is the fifth generation of cellular mobile communications, which is expected to offer vast improvements in data rates, lower latency, improved connection density, increased coverage and higher system capacity. This research project aims to assess the current state of the 5G Industrial IoT Market and analyze its future potential.


    2. Research Objectives


    The following are the research objectives for the 5G Industrial IoT Market Research:



    • To analyze the current market size and trends.

    • To identify the major drivers, opportunities and challenges of the 5G Industrial IoT Market.

    • To assess the competitive landscape of the 5G Industrial IoT Market.

    • To forecast the market growth and adoption of 5G Industrial IoT over the forecasted period 2023 to 2030.


    3. Research Design


    The research methodology for the 5G Industrial IoT Market has been designed by analogy with the recommended research methods outlined in the literature review. The following research design will be applied in this research:


    3.1 Primary Research


    The primary research employs a qualitative approach, involving interviews and surveys as the main data collection tools. It involves questioning multiple stakeholders in the market, including industry experts, key opinion leaders, vendors, and government bodies, to gain an in-depth understanding of the 5G Industrial IoT Market.


    3.2 Secondary Research


    In the secondary research, the researchers will use both published and unpublished sources of information to gain a better understanding of the 5G Industrial IoT Market. Relevant sources of data include market reports, statistics, industry journals, white papers, corporate websites, market sizes, past market trends, and surveys.


    3.3 Data Analysis and Interpretation


    The data from the primary and secondary research methods will be analyzed using both quantitative and qualitative approaches. Both descriptive and interpretive analysis will be used in this research.


    4. Sampling


    The target population for the primary research data collection will consist of industry practitioners and stakeholders of the 5G Industrial IoT Market. A sample size of approximately 200 respondents will be selected using convenience and probability sampling methods.


    5. Conclusion


    This research project aims to assess the current state of the 5G Industrial IoT Market and analyze its future potential. The research method that has been outlined in this document is designed to collect accurate and reliable data on the 5G Industrial IoT Market. The primary and secondary research will be used to identify the major drivers, opportunities and challenges of the 5G Industrial IoT Market. Additionally, the data will be analyzed and interpreted to forecast the market growth and adoption of 5G Industrial IoT over the forecast period. The research is subject to certain limitations which include the availability of reliable data in the 5G Industrial IoT Market and the availability of sources of data in the market.

    Market Size & Forecast

    Report Attribute/Metric Details
    Market Size 2023 USD 451.32 billion
    Market Size 2024 USD 476.90 billion
    Market Size 2032 USD 701.61 billion
    Compound Annual Growth Rate (CAGR) 4.94% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2019- 2021
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Component, Organization Size, Application, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Qualcomm Technologies Inc. (US), Cisco Systems Inc. (US), AT&T (US), IBM Corporation (US), Microsoft (US), Verizon (US), and T-Mobile USA INC (US).
    Key Market Opportunities Increased interest in establishing a private 5G network in the manufacturing sector
    Key Market Dynamics Increasing need for high speed and dependability

    Major Players

    5G Industrial IoT Market Segmentation

    5G Industrial IoT Market Component Outlook (USD Billion, 2022-2032)

    • Hardware

    • Solution

    • Service

      • Professional

      • Managed

    5G Industrial IoT Organization Size Outlook (USD Billion, 2022-2032)

    • Large Enterprise

    • Small & Medium Enterprise

    5G Industrial IoT Application Outlook (USD Billion, 2022-2032)

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

    5G Industrial IoT Regional Outlook (USD Billion, 2022-2032)

    • North America Outlook (USD Billion, 2022-2032)

      • North America 5G Industrial IoT by Component

    • Hardware

    • Solution

    • Service

      • Professional

      • Managed

    • North America 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

    • North America 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • US Outlook (USD Billion, 2022-2032)

      • US 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • US 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • US 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • CANADA Outlook (USD Billion, 2022-2032)

      • CANADA 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • CANADA 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • CANADA 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • Europe Outlook (USD Billion, 2022-2032)

      • Europe 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • Europe 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • Europe 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • Germany Outlook (USD Billion, 2022-2032)

      • Germany 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • Germany 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • Germany 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • France Outlook (USD Billion, 2022-2032)

      • France 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • France 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • France 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • UK Outlook (USD Billion, 2022-2032)

      • UK 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • UK 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • UK 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • ITALY Outlook (USD Billion, 2022-2032)

      • ITALY 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • ITALY 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • ITALY 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • SPAIN Outlook (USD Billion, 2022-2032)

      • Spain 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • Spain 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • Spain 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • Rest Of Europe Outlook (USD Billion, 2022-2032)

      • Rest Of Europe 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • REST OF EUROPE 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • REST OF EUROPE 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

    • Asia-Pacific Outlook (USD Billion, 2022-2032)

      • Asia-Pacific 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • Asia-Pacific 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • Asia-Pacific 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • China Outlook (USD Billion, 2022-2032)

      • China 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • China 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • China 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • Japan Outlook (USD Billion, 2022-2032)

      • Japan 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • Japan 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • Japan 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • India Outlook (USD Billion, 2022-2032)

      • India 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • India 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • India 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • Australia Outlook (USD Billion, 2022-2032)

      • Australia 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • Australia 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • Australia 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • Rest of Asia-Pacific Outlook (USD Billion, 2022-2032)

      • Rest of Asia-Pacific 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • Rest of Asia-Pacific 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • Rest of Asia-Pacific 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emegency

    • Incident Management & Business Communication

    • Rest of the World Outlook (USD Billion, 2022-2032)

      • Rest of the World 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • Rest of the World 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • Rest of the World 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • Middle East Outlook (USD Billion, 2022-2032)

      • Middle East 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • Middle East 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • Middle East 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • Africa Outlook (USD Billion, 2022-2032)

      • Africa 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • Africa 5G Industrial IoT by Organization Size

    • Large Enterprise

    • Small & Medium Enterprise

      • Africa 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    • Automation Control & Management And Emergency

    • Incident Management & Business Communication

      • Latin America Outlook (USD Billion, 2022-2032)

      • Latin America 5G Industrial IoT by Component

        • Hardware

        • Solution

        • Service

          • Professional

          • Managed

      • Latin America 5G Industrial IoT by Organization Size

    • Large Enterprise and Small & Medium Enterprise

      • Latin America 5G Industrial IoT by Application

    • Predictive Maintenance

    • Business Process Optimization

    • Asset Tracking & Management

    • Logistics & Supply Chain Management

    • Real-time Workforce Tracking & Management

    •  Automation Control & Management And Emergency

    • Incident Management & Business Communication

    Market Trends

    5G Industrial IoT Market Overview

    The 5G Industrial IoT Market is projected to grow from USD 476.90 billion in 2024 to USD 701.61 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.49% during the forecast period (2024 - 2032). Additionally, the market size for 5G industrial IoT was valued at USD 451.32 billion in 2023.

    Increased productivity and easier diagnosis of problems in manufacturing and the network's security established from the ground up are the key market drivers enhancing the market growth.

    Figure 1: 5G Industrial IoT Market Size, 2023-2032 (USD Billion)

    5G Industrial IoT Market Overview 2024

    Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

    5G industrial IoT Market Trends

    Growing Ultra-high dependability is driving the 5G Industrial IoT market growth

    Market CAGR for 5G industrial IoT is being driven by the rising high dependability and low latency. The term "latency" refers to the delay experienced by both parties during data transmission. Transferring massive amounts of data is far more efficient with less lag time. 5G has a latency that is 50,000 times better than 4G. Manufacturing IoT applications wi...

    Market Segment Insights

    Smartphone Sensors Smartphone Type Insights

    The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

    Smartphone Sensors Manufacturer Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Application Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Regional Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

    Smartphone Sensors Price Insights

    The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

    Get more detailed insights about 5G Industrial IoT Market

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

    Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

    Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

    Key Companies in the Smartphone Sensors market include

    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)

    Industry Developments

    • September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
    • October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

    Market Segmentation

    Smartphone Type Outlook

    • Standard Smartphone
    • Rugged Smartphone
    • Smartwatches
    • Other Wearable

    Price Outlook

    • USD 300 to USD 500
    • USD 100 to USD 300
    • Above USD 500
    • Under USD 100

    Manufacturer Outlook

    • Apple Inc.
    • Samsung Electronics
    • Huawei Technology
    • Xiaomi Inc.
    • Oppo
    • Sony Corporation
    • HMD Global

    Application Outlook

    • High-Level
    • Mid-Level
    • Low-Level

    Manufacturer Outlook

    North America
    • US
    • Canada
    Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Italy
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    Rest of the World
    • Middle East
    • Africa
    • Latin America

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 USD 451.32 billion
    Market Size 2024 USD 476.90 billion
    Market Size 2032 USD 701.61 billion
    Compound Annual Growth Rate (CAGR) 4.94% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2019- 2021
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Component, Organization Size, Application, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Qualcomm Technologies Inc. (US), Cisco Systems Inc. (US), AT&T (US), IBM Corporation (US), Microsoft (US), Verizon (US), and T-Mobile USA INC (US).
    Key Market Opportunities Increased interest in establishing a private 5G network in the manufacturing sector
    Key Market Dynamics Increasing need for high speed and dependability

    Market Highlights

    Author

    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    Latest Comments

    John Doe
    john@example.com

    This is a great article! Really helped me understand the topic better.

    Posted on July 23, 2025, 10:15 AM
    Jane Smith
    jane@domain.com

    Thanks for sharing this. I’ve bookmarked it for later reference.

    Posted on July 22, 2025, 7:45 PM

    FAQs

    1. GLOBAL 5G INDUSTRIAL IOT Market, BY END-USER, 2023-2032 (USD MILLION)</span>
    2. NORTH AMERICA: 5G INDUSTRIAL IOT MARKET, BY END-USER, 2023-2032 (USD MILLION)</span>
    3. US: 5G INDUSTRIAL IOT MARKET, BY END-USER, 2023-2032 (USD MILLION)</span>
    4. CANADA: 5G INDUSTRIAL IOT MARKET, BY END-USER, 2023-2032 (USD MILLION)</span>
    5. MEXICO: 5G INDUSTRIAL IOT MARKET, BY END-USER, 2023-2032 (USD MILLION)</span>
    6. EUROPE: 5G INDUSTRIAL IOT MARKET, BY APPLICATION, 2023-2032 (USD MILLION)</span>
    7. UK: 5G INDUSTRIAL IOT MARKET, BY APPLICATION, 2023-2032 (USD MILLION)</span>
    8. GERMANY: 5G INDUSTRIAL IOT MARKET, BY APPLICATION, 2023-2032 (USD MILLION)</span>
    9. FRANCE: 5G INDUSTRIAL IOT MARKET, BY APPLICATION, 2023-2032 (USD MILLION)</span>
    10. ASIA-PACIFIC: 5G INDUSTRIAL IOT MARKET, BY COUNTRY, 2023-2032 (USD MILLION)</span>
    11. CHINA: 5G INDUSTRIAL IOT MARKET, BY ORGANIZATION SIZE, 2023-2032 (USD MILLION)</span>
    12. INDIA: 5G INDUSTRIAL IOT MARKET, BY ORGANIZATION SIZE, 2023-2032 (USD MILLION)</span>
    13. JAPAN: 5G INDUSTRIAL IOT MARKET, BY ORGANIZATION SIZE, 2023-2032 (USD MILLION)</span>
    14. SOUTH AMERICA: 5G INDUSTRIAL IOT MARKET, BY ORGANIZATION SIZE, 2023-2032 (USD
    15. SOUTH AMERICA: 5G INDUSTRIAL IOT MARKET, BY APPLICATION, 2023-2032 (USD MILLION)</span>
    16. GLOBAL 5G INDUSTRIAL IOT MARKET, BY COMPONENT, 2023-2032 (USD MILLION)</span>
    17. GLOBAL 5G INDUSTRIAL IOT MARKET, BY REGION, 2018&amp; 2026 (USD MILLION)</span>
    18. EUROPE: 5G INDUSTRIAL IOT MARKET, BY COMPONENT, 2023-2032 (USD MILLION)</span>
    19. ASIA-PACIFIC: 5G INDUSTRIAL IOT MARKET, BY COMPONENT, 2023-2032 (USD MILLION)</span>

    5G Industrial IoT Market Segmentation

    5G Industrial IoT Market Component Outlook (USD Billion, 2022-2032)

    • Hardware
    • Solution
    • Service

      • Professional
      • Managed

    5G Industrial IoT Organization Size Outlook (USD Billion, 2022-2032)

    • Large Enterprise
    • Small & Medium Enterprise

    5G Industrial IoT Application Outlook (USD Billion, 2022-2032)

    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication

    5G Industrial IoT Regional Outlook (USD Billion, 2022-2032)

    • North America Outlook (USD Billion, 2022-2032)

      • North America 5G Industrial IoT by Component
    • Hardware
    • Solution
    • Service

      • Professional
      • Managed
    • North America 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
    • North America 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • US Outlook (USD Billion, 2022-2032)

      • US 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • US 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • US 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • CANADA Outlook (USD Billion, 2022-2032)

      • CANADA 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • CANADA 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • CANADA 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • Europe Outlook (USD Billion, 2022-2032)

      • Europe 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • Europe 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • Europe 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • Germany Outlook (USD Billion, 2022-2032)

      • Germany 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • Germany 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • Germany 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • France Outlook (USD Billion, 2022-2032)

      • France 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • France 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • France 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • UK Outlook (USD Billion, 2022-2032)

      • UK 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • UK 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • UK 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • ITALY Outlook (USD Billion, 2022-2032)

      • ITALY 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • ITALY 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • ITALY 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • SPAIN Outlook (USD Billion, 2022-2032)

      • Spain 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • Spain 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • Spain 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • Rest Of Europe Outlook (USD Billion, 2022-2032)

      • Rest Of Europe 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • REST OF EUROPE 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • REST OF EUROPE 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
    • Asia-Pacific Outlook (USD Billion, 2022-2032)

      • Asia-Pacific 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • Asia-Pacific 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • Asia-Pacific 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • China Outlook (USD Billion, 2022-2032)

      • China 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • China 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • China 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • Japan Outlook (USD Billion, 2022-2032)

      • Japan 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • Japan 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • Japan 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • India Outlook (USD Billion, 2022-2032)

      • India 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • India 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • India 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • Australia Outlook (USD Billion, 2022-2032)

      • Australia 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • Australia 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • Australia 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • Rest of Asia-Pacific Outlook (USD Billion, 2022-2032)

      • Rest of Asia-Pacific 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • Rest of Asia-Pacific 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • Rest of Asia-Pacific 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emegency
    • Incident Management & Business Communication
    • Rest of the World Outlook (USD Billion, 2022-2032)

      • Rest of the World 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • Rest of the World 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • Rest of the World 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • Middle East Outlook (USD Billion, 2022-2032)

      • Middle East 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • Middle East 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • Middle East 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • Africa Outlook (USD Billion, 2022-2032)

      • Africa 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • Africa 5G Industrial IoT by Organization Size
    • Large Enterprise
    • Small & Medium Enterprise
      • Africa 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management And Emergency
    • Incident Management & Business Communication
      • Latin America Outlook (USD Billion, 2022-2032)

      • Latin America 5G Industrial IoT by Component
        • Hardware
        • Solution
        • Service

          • Professional
          • Managed
      • Latin America 5G Industrial IoT by Organization Size
    • Large Enterprise and Small & Medium Enterprise
      • Latin America 5G Industrial IoT by Application
    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    •  Automation Control & Management And Emergency
    • Incident Management & Business Communication
    Infographic

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