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Global 5G Industrial IoT Market, By Component (Hardware, Solutions, and Services), By End User (Process Industries and Discrete Industries), By Application (Predictive Maintenance, Business Process Optimization, Asset Tracking and Management, Logistics and Supply Chain Management, Real-Time Workforce Tracking and Management, Automation Control and Management, Emergency and Incident Management, and Business Communication), By Region, Competition Forecast & Opportunities, 2027
Market Report I 2022-07-01 I 115 Pages I TechSci Research
The global 5G industrial IoT market is expected to grow at a promising rate in the forecast period, 2023-2027. The provisions of advanced, improvised wireless services, high-speed internet, and reduced latency by installing a 5G network drive the demand for the global 5G industrial IoT market. The growing popularity of IoT-based devices like wireless sensors, computers, actuators, and software that are extensively used in industries is further expected to fuel the market demand in the coming years.
The global 5G industrial IoT market is segmented into component, end user, application, company, and regional distribution. Based on application, the market is divided into predictive maintenance, business process optimization, asset tracking and management, logistics and supply chain management, real-time workforce tracking and management, automation control and management, emergency and incident management, and business communication. Demand for adoption of this advanced technology is increasing exponentially. Service providers are offering a reliable network and secure connections to the industries to assimilate and analyze the data, thus driving the market's growth.
Based on end-user, the market is categorized into process industries and discrete industries. Discrete industries are involved with the manufacturing of distinct products and by-products, such as toys, furniture, airplanes, etc. IoT-enabled products are majorly manufactured by discrete industries marking the reason for their market domination. 5G has increased bandwidth and thus allows many IoT devices to connect, thereby increasing the productivity of discrete industries.
Some of the major players in the global 5G industrial IoT market are China Mobile Limited, China United Network Communications Group Co., Ltd, Vodafone Group plc, Advantech Co., Ltd., ASOCS Ltd, Intel Corporation, Bosch.IO GmbH., Deutsche Telekom AG., Thales Group, NTT DATA Corporation. The competitors are continuously involved in research and development and various mergers and acquisitions for the advancement of their services as well as the growth of the market.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
- To analyze the historical growth in the market size of global 5G industrial IoT market from 2017 to 2021.
- To estimate and forecast the market size of global 5G industrial IoT market from 2022E to 2027F and growth rate until 2027F.
- To classify and forecast global 5G industrial IoT market based on component, application, end user, company, and regional distribution.
- To identify dominant region or segment in the global 5G industrial IoT market.
- To identify drivers and challenges for global 5G industrial IoT market.
- To examine competitive developments such as expansions, new services, mergers & acquisitions, etc., in global 5G industrial IoT market.
- To identify and analyze the profiles of leading players operating in global 5G industrial IoT market.
- To identify key sustainable strategies adopted by market players in global 5G industrial IoT market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of 5G industrial IoT service provider companies across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the vendors which could not be identified due to the limitations of secondary research.
TechSci Research calculated the global 5G industrial IoT market size using a bottom-up approach, where data for various end user segments were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- 5G industrial IoT service provider companies/partners
- End-Users
- Government bodies such as regulating authorities and policy makers
- Organizations, industry associations, forums and alliances related to 5G industrial IoT
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global 5G industrial IoT market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- 5G Industrial IoT Market, By Component:
o Hardware
o Solutions
o Services
- 5G Industrial IoT Market, By End User:
o Process Industries
o Discrete Industries
- 5G Industrial IoT Market, By Application:
o Predictive Maintenance
o Business Process Optimization
o Asset Tracking and Management
o Logistics and Supply Chain Management
o Real-Time Workforce Tracking and Management
o Automation Control and Management
o Emergency and Incident Management
o Business Communication
- 5G Industrial IoT Market, By Region:
o Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
o Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
o North America
- United States
- Mexico
- Canada
o South America
- Brazil
- Argentina
- Colombia
o Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Kuwait
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global 5G industrial IoT market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Service Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Global 5G Industrial IOT Market
5. Voice of Customer
6. Global 5G Industrial IOT Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component (Hardware, Solutions and Services)
6.2.2. By End User (Process Industries and Discrete Industries)
6.2.3. By Application (Predictive Maintenance, Business Process Optimization, Asset Tracking and Management, Logistics and Supply Chain Management, Real-Time Workforce Tracking and Management, Automation Control and Management, Emergency and Incident Management, and Business Communication)
6.2.4. By Company (2021)
6.2.5. By Region
6.3. Market Map
7. Asia-Pacific 5G Industrial IOT Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Component
7.2.2. By End User
7.2.3. By Application
7.2.4. By Country
7.3. Asia-Pacific: Country Analysis
7.3.1. China 5G Industrial IOT Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Component
7.3.1.2.2. By End User
7.3.1.2.3. By Application
7.3.2. India 5G Industrial IOT Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Component
7.3.2.2.2. By End User
7.3.2.2.3. By Application
7.3.3. Australia 5G Industrial IOT Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Component
7.3.3.2.2. By End User
7.3.3.2.3. By Application
7.3.4. Japan 5G Industrial IOT Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Component
7.3.4.2.2. By End User
7.3.4.2.3. By Application
7.3.5. South Korea 5G Industrial IOT Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Component
7.3.5.2.2. By End User
7.3.5.2.3. By Application
8. Europe 5G Industrial IOT Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Component
8.2.2. By End User
8.2.3. By Application
8.2.4. By Country
8.3. Europe: Country Analysis
8.3.1. France 5G Industrial IOT Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Component
8.3.1.2.2. By End User
8.3.1.2.3. By Application
8.3.2. Germany 5G Industrial IOT Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Component
8.3.2.2.2. By End User
8.3.2.2.3. By Application
8.3.3. United Kingdom 5G Industrial IOT Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Component
8.3.3.2.2. By End User
8.3.3.2.3. By Application
8.3.4. Italy 5G Industrial IOT Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Component
8.3.4.2.2. By End User
8.3.4.2.3. By Application
8.3.5. Spain 5G Industrial IOT Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Component
8.3.5.2.2. By End User
8.3.5.2.3. By Application
9. North America 5G Industrial IOT Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Component
9.2.2. By End User
9.2.3. By Application
9.2.4. By Country
9.3. North America: Country Analysis
9.3.1. United States 5G Industrial IOT Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Component
9.3.1.2.2. By End User
9.3.1.2.3. By Application
9.3.2. Mexico 5G Industrial IOT Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Component
9.3.2.2.2. By End User
9.3.2.2.3. By Application
9.3.3. Canada 5G Industrial IOT Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Component
9.3.3.2.2. By End User
9.3.3.2.3. By Application
10. South America 5G Industrial IOT Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Component
10.2.2. By End User
10.2.3. By Application
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil 5G Industrial IOT Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Component
10.3.1.2.2. By End User
10.3.1.2.3. By Application
10.3.2. Argentina 5G Industrial IOT Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Component
10.3.2.2.2. By End User
10.3.2.2.3. By Application
10.3.3. Colombia 5G Industrial IOT Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Component
10.3.3.2.2. By End User
10.3.3.2.3. By Application
11. Middle East and Africa 5G Industrial IOT Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Component
11.2.2. By End User
11.2.3. By Application
11.2.4. By Country
11.3. MEA: Country Analysis
11.3.1. South Africa 5G Industrial IOT Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Component
11.3.1.2.2. By End User
11.3.1.2.3. By Application
11.3.2. Saudi Arabia 5G Industrial IOT Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Component
11.3.2.2.2. By End User
11.3.2.2.3. By Application
11.3.3. UAE 5G Industrial IOT Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Component
11.3.3.2.2. By End User
11.3.3.2.3. By Application
11.3.4. Kuwait 5G Industrial IOT Market Outlook
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Value
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Component
11.3.4.2.2. By End User
11.3.4.2.3. By Application
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. China Mobile Limited
14.2. China United Network Communications Group Co., Ltd
14.3. Vodafone Group plc
14.4. Advantech Co., Ltd.
14.5. ASOCS Ltd
14.6. Intel Corporation.
14.7. Bosch.IO GmbH.
14.8. Deutsche Telekom AG.
14.9. Thales Group
14.10. NTT DATA Corporation
15. Strategic Recommendations
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