Pune, Sept. 16, 2020 (GLOBE NEWSWIRE) -- The global 5G IoT market size is anticipated to rise significantly in the forecast duration on account of the increasing demand for IoT connected devices worldwide. IoT services have been widely adopted by all residential, commercial, and industrial sectors in the past few years. An upcoming report by Fortune Business Insights titled, “5G IoT Market Size, Share & Industry Analysis, By Technology (5G New Radio Standalone Architecture, 5G New Radio Non-Standalone Architecture), By Type (Short-Range IoT devices, Wide-Range IoT devices), By Industry (Manufacturing, Government, Energy and Utilities, Transportation and Logistics, Aviation, Others (Mining)) and Regional Forecast, 2019-2026,” analyses the market and its prime growth trajectories in detail.
The whole world is fighting the novel coronavirus by staying indoors. Although this temporary measure has somehow slowed down the rapid spread of the virus, it has majorly impacted the world economy. Most of the regional and international businesses are at temporary halt while some others are struggling to make both ends meet by operating within the four walls of their homes.
Governments across several countries are investing heavily on the invention of an antidote to stop the COVID-19 pandemic. Meanwhile, special reports offered by Fortune Business Insights for helping investors study the pros and cons and accordingly prepare for the future.
Click here to get the short-term and long-term impact of COVID-19 on this Market.
Please visit: https://www.fortunebusinessinsights.com/5g-iot-market-102872
What are the Highlights of the Report?
The report offers insights into the market and focuses on drivers, restraints, challenges, and upcoming opportunities. It also highlights the key industry developments, current trends, and other interesting insights into the market. The report also provides details on the table of segmentation and the names of the leading segments with attributed factors. To purchase the report, log on to the company website.
Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/5g-iot-market-102872
Drivers & Restraints-
Increasing Adoption of Industry 4.0 to Augment Growth
Rising technological advancement and use of the internet of things across various sectors such as residential, commercial, and industrial sectors stands as the major factors driving the global 5G IoT market growth. Additionally, the rise in the number of connected IoT devices and increasing data traffic wii boost the growth of the market. Besides this, the increasing demand for low latency connectivity is expected to bode well for the market in the forecast period.
On the negative side, the heavy expenditure required for building a reliable 5G network infrastructure may cause major hindrance to the market. Moreover, government regulations, and other issues related to network connectivity may pose major challenges to the market in the coming years.
Nevertheless, the increasing number of cloud services and rising adoption of Industry 4.0 is likely to create lucrative growth opportunities for the market in the forecast period.
Request Detailed Table of Content- https://www.fortunebusinessinsights.com/toc/5g-iot-market-102872
Segmentation-
Detailed Classification of the 5G IoT Market include:
The market for 5G IoT is classified on the basis of technology, type, industry, and region. Based on technology, the market is categorized into 5G New Radio Standalone Architecture, and 5G New Radio Non-standalone Architecture. With respect to type, the market is bifurcated into wide-range IoT devices, and short-range IoT devices. Based on industry, the market is categorized into aviation, transportation and logistics, energy and utilities, government, manufacturing, and others (mining).
Competitive Landscape-
Advancements in IoT and Innovation in Cellular IoT – Key Focus of Players
Several companies in the market are investing heavily in on IoT technologies and advancement to gain competitive edge in the market competition. The other players are engaging in development of 5G infrastructure, and cellular IoT for deployment in transportation and utility industries to earn lion’s share in the market.
Industry Developments:
February 2020 – Advancements in IoT and innovations in cellular technology was made by Cisco Systems Inc. with readiness and machine learning. This includes new wireless technologies such as Wi-Fi 6 and 5G ultimately promoting the adoption of latest utilities and advanced industrial IoT cases.
List of Key Companies Profiled in 5G IoT Market Report:
- Nokia
- BT
- Bell Canada
- Telefonaktiebolaget LM Ericsson
- Juniper Networks, Inc.
- Qualcomm Technologies Inc.
- AT&T Intellectual Property
- Huawei Technologies Co., Ltd
- Others
Pre Book- 5G IoT Market Research Report:
https://www.fortunebusinessinsights.com/checkout-page/102872
Have a Look at Related Research Insights:
Data Visualization Market Size, Share and Industry Analysis, By Component (Software, Services), By Solution (Standalone Visualization Software, Embedded Data Visualization Module), By Enterprise Size (Small Enterprises, Medium Enterprises, and Large Enterprises), By Industry (BFSI, Construction and Real Estate, Consumer Goods, Education, Government, Healthcare and Pharmaceuticals, Information Technology, Services) and Geography Forecast, 2020–2027
Document Management Services Market Size, Share & COVID-19 IMPACT Analysis, By Services (Archiving and Storage, Imaging and Scanning, Printing, Mailroom Services and Others), By End-user (Medical, Financial, Government, Audit & Consulting, Corporate, Telecommunication, and Insurance & Re-insurance) and Regional Forecast, 2020-2027
Linux Operating System Market Size, Share & Covid-19 Impact Analysis, By Distribution (Virtual Machines, Servers and Desktops), By End-use (Commercial/Enterprise and Individual), and Regional Forecast, 2020-2027
Risk Analytics Market Size, Share and Covid-19 Impact Analysis, By Component (Software, Services), By Risk Type Application (Financial Risk, Operational Risk, Compliance Risk, Strategic Risks), By Deployment (Cloud, On-Premise), By Enterprise Size (Small and Medium-sized Enterprises (SMEs), Large Enterprises) By Industry (Banking, Financial Services and Insurance (BFSI), IT and Telecommunications, Healthcare) and Regional Forecast, 2020-2027
Thermal Camera Market Size, Share and COVID-19 Impact Analysis, By Product (Handheld, Mounted, and Scopes and Goggles), By Technology (Cooled, Uncooled), By Application (Monitoring and Inspection, Security and Surveillance, Detection and Measurement, Search and Rescue Operations), By End-use (Military and Defense, Industrial, Commercial, Healthcare and Life Sciences, Residential, Automotive) and Regional Forecast, 2020–2027
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US: +1-424-253-0390
UK: +44-2071-939123
APAC: +91-744-740-1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights™
LinkedIn | Twitter | Blogs