5G Industrial IOT Market is expected to generate a revenue of USD 22.9 Billion by 2031, Globally, at 37.24% CAGR: Verified Market Research®

Verified Market Research® a leading provider of business intelligence and market analysis is thrilled to announce the release of its comprehensive and authoritative report on the, "5G Industrial IOT Market Size and Forecast," The global 5G Industrial IoT Market is driven by the increasing adoption of Industry 4.0, rising demand for ultra-reliable low-latency communication, and real-time data analytics. However, high infrastructure costs, integration complexities with legacy systems, and cybersecurity threats restrain market growth.

/EIN News/ -- Lewes, Delaware, April 14, 2025 (GLOBE NEWSWIRE) -- The Global 5G Industrial IOT Market Size is projected to grow at a CAGR of 37.24% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 2.24 Billion in 2024 and is expected to reach USD 22.9 Billion by the end of the forecast period.

The 5G Industrial IoT Market is transforming industries by enabling real-time monitoring, automation, and predictive maintenance. As manufacturers adopt smart factory solutions, the demand for fast, low-latency networks is fueling the market globally.

Key Highlights of the Report:

• Market Size & Forecast: Comprehensive analysis of the global 5G Industrial IoT Market size, projected to grow significantly through 2031.
• Technology Insights: Breakdown of enabling technologies such as edge computing, AI-based analytics, and machine-to-machine (M2M) communication.
• End-Use Industry Trends: In-depth study of key verticals including manufacturing, energy & utilities, logistics, and automotive.
• Regional Dynamics: North America leads the market due to its advanced infrastructure and early 5G adoption.
• Competitive Landscape: Detailed profiles of key players, their market share, innovations, partnerships, and strategic developments.
  
  

Why This Report Matters?

This report offers critical insights for strategic decision-making by delivering data-driven forecasts, growth opportunities, and industry challenges. It enables businesses to align their digital transformation roadmaps with the evolution of 5G-enabled industrial IoT solutions.

Why You Should Read This Report:

• Market Research Professionals looking for in-depth 5G IIoT insights
• B2B Enterprises planning to invest in next-gen industrial automation
• Industrialists and CTOs exploring edge computing and real-time operations
• Telecom & IT Solution Providers developing 5G infrastructure
• Investors & Analysts evaluating future growth trajectories in smart industries
  

For more information or to purchase the report, please contact us at: https://www.verifiedmarketresearch.com/download-sample?rid=215444

Browse in-depth TOC on “Global 5G Industrial IOT Market Size”

202 - Pages

126 – Tables

37 – Figures

Report Scope

REPORT ATTRIBUTES	DETAILS
STUDY PERIOD	2020-2031
BASE YEAR	2023
FORECAST PERIOD	2024-2031
HISTORICAL PERIOD	2020-2022
UNIT	Value (USD Million)
KEY COMPANIES PROFILED	Qualcomm Technologies Inc., Ericsson, Nokia, Huawei Technologies Co. Ltd., Cisco Systems, AT&T, IBM Corporation, Microsoft Corporation, Siemens AG, and Verizon
SEGMENTS COVERED	By Component, By Organization Size, By Application, By End Users, and By Geography
CUSTOMIZATION SCOPE	Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope

Global 5G Industrial IOT Market Overview

Market Driver

Surge in Demand for Smart Manufacturing & Industry 4.0: Real-time automation, robotics, and predictive maintenance are all being accelerated significantly as a result of the integration of 5G with smart factories. This transition is critical for organizations that are pursuing the objectives of Industry 4.0, which include dramatically improving operational efficiency and minimizing downtime. This is what is propelling the need for 5G-enabled Industrial Internet of Things across worldwide markets.

Rising Need for Ultra-Reliable Low-Latency Communication (URLLC): Sub-millisecond latency and excellent dependability are requirements for industrial applications such as autonomous robots, remote machines, and training supported by augmented reality and virtual reality. The characteristics of URLLC that 5G possesses allow for communication that is uninterrupted, secure, and in real time. This makes it an essential enabler for mission-critical industrial use cases and helps to foster its widespread market adoption.

Edge Computing & Real-Time Data Analytics Integration: In addition to enabling smooth edge computing, 5G also makes it possible to process data in real time at the source. On production floors, this reduces latency and increases the amount of intelligent decision-making that occurs here. Increasingly, industries are moving toward data-centric operations and digital twins, and as a result, 5G-powered Industrial Internet of Things becomes increasingly important for production environments that are scalable, agile, and responsive.

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Market Restraint

High Initial Infrastructure & Deployment Costs: In order to update existing networks to 5G, install tiny cells, and integrate Industrial Internet of Things devices, a significant amount of capital expenditure is required. Despite the increased interest in digital transformation, this financial barrier presents a particularly difficult challenge for small and medium-sized enterprises (SMEs) and manufacturers in developing nations. It slows down wider market penetration.

Integration Complexities with Legacy Systems: A significant number of industrial settings continue to make use of antiquated machinery and procedures. There is a lot of complexity, time commitment, and resource consumption involved in integrating 5G-enabled Internet of Things infrastructure into these existing systems. This compatibility issue causes deployment timeframes to expand and discourages businesses from adopting 5G technology immediately, which has an effect on the growth of the market in the short term.

Heightened Concerns Around Cybersecurity and Data Privacy: The potential dangers are increasing significantly due to the growth of connected devices and real-time data transmission. When it comes to making key processes vulnerable to cyberattacks and data breaches, industries are exercising extreme caution. One of the most significant obstacles to adoption is the absence of standardized security frameworks for 5G IIoT ecosystems, particularly in environments that are very sensitive.

Geographical Dominance

North America dominates the 5G Industrial IoT Market, propelled by swift 5G deployment, significant industrial automation integration, and substantial investments in smart manufacturing. The United States leads with its sophisticated telecommunications infrastructure and dynamic partnerships among technology corporations and industry stakeholders. Strategic governmental assistance and substantial R&D expenditure reinforce the region's preeminence, establishing it as a pivotal center for 5G-enabled industrial change.

Key Players

The “Global 5G Industrial IOT Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Qualcomm Technologies Inc., Ericsson, Nokia, Huawei Technologies Co. Ltd., Cisco Systems, AT&T, IBM Corporation, Microsoft Corporation, Siemens AG, and Verizon.

5G Industrial IOT Market Segment Analysis

Based on the research, Verified Market Research has segmented the global market into Component, Organization Size, Application, End Users and Geography.

• 5G Industrial IOT Market, by Component
  • Hardware
  • Solutions
  • Services

• 5G Industrial IOT Market, by Organization Size
  • SMEs
  • Large Enterprises
    
    
• 5G Industrial IOT Market, 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
  • Business Communication
    
    
• 5G Industrial IOT Market, by End Users
  
  
  • Process Industries
  • Discrete Industries
    
    
• 5G Industrial IOT Market, by Geography
  
  
  • North America
    • U.S
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • ROW
    • Middle East & Africa
    • Latin America

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