Africa 5G IoT Market (2024-2030) | Companies, Revenue, Size, Growth, Outlook, Analysis, Forecast, Share, Trends, Value, Industry

Africa 5G IoT Market Highlights

Report Name	Africa 5G IoT Market
Forecast period	2024-2030
CAGR	4.1%
Growing Sector	Agriculture

Topics Covered in the Africa 5G IoT Market Report

Africa 5G IoT Market report thoroughly covers the market By Countries, By Component, By Network Type, By End User, By Organization Size, and By Type. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Africa 5G IoT Market Synopsis

Africa 5G IoT Market is poised for considerable growth, driven by the increasing demand for high-speed internet and the widespread adoption of IoT devices across various sectors. With the roll-out of 5G networks across African nations, there is an anticipation of enhanced network performance and reliability, facilitating the seamless operation of IoT applications. This technology leap is expected to revolutionize industries by offering unprecedented connectivity solutions in urban and remote areas alike, improving efficiency in services such as smart agriculture, healthcare monitoring, and urban planning.

According to 6Wresearch, the Africa 5G IoT Market size is projected to reach a CAGR of 4.1% during the forecast period of 2024-2030. The market is experiencing rapid growth, driven by the increasing demand for faster internet connectivity, the expansion of smart city projects, and the growing adoption of smart devices. Major trends influencing this market include the deployment of 5G infrastructure by telecommunication providers, and the integration of IoT solutions in various sectors such as agriculture, healthcare, and transportation, offering enhanced efficiency and innovation. However, the Africa 5G IoT Market Growth is impeded by the high cost of 5G technology deployment and concerns over data security and privacy. Despite these challenges, emerging opportunities are abundant, particularly in the development of IoT applications tailored for African markets, which can significantly improve everyday life and economic conditions, indicating a promising future for the continent's 5G IoT landscape.

Government policies and schemes introduced in the Africa 5G IoT Market  

The Africa 5G IoT industry has seen significant growth due to timely and strategic government interventions aimed at enhancing connectivity and fostering technological innovation. Governments across the continent have introduced policies and schemes designed to accelerate the deployment of 5G networks, with a focus on creating a supportive ecosystem for the Internet of Things (IoT). These initiatives include investments in infrastructure, public-private partnerships, regulatory reforms to ensure spectrum availability, and efforts to promote digital literacy among the populace.

Key Players in the Africa 5G IoT Market

The Africa 5G IoT market is characterized by the presence of both global giants and local startups, each playing a crucial role in shaping the landscape. Prominent players include Huawei, Ericsson, Nokia, ZTE, and MTN, who are actively involved in rolling out 5G infrastructure across the continent.

Future Insights of the Africa 5G IoT Market

The Africa 5G IoT market share is poised for exponential growth, driven by increasing demand for smart solutions in various sectors. The expansion of 5G networks will enable widespread adoption of IoT devices, revolutionizing industries from agriculture to healthcare by improving efficiencies and creating new opportunities. Furthermore, collaboration between government bodies, technology providers, and the private sector will be crucial in addressing challenges such as digital divide, ensuring that the benefits of 5G and IoT technologies are accessible to all Africans. With this, the Africa 5G IoT market is set to become a major player in the global tech landscape and a key driver of economic growth and development on the continent.

Market by End-User

According to Ravi Bhandari, Research Head, 6Wresearch, the agriculture sector has been attaining notable growth in the 5G IoT market in Africa due to the growing adoption of precision farming techniques, which rely on IoT devices for data collection and analysis to optimize crop yields, manage resources more efficiently, and minimize environmental impact.

Market by Type

By Type, the Wide-Range IoT Devices segment that is expected to hold the largest share of the market. This can be attributed to the vast geographical expanses of the continent, where wide-range connectivity becomes indispensable for efficient data transmission across remote and rural areas.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Africa 5G IoT Market Outlook
• Market Size of Africa 5G IoT Market, 2023
• Forecast of Africa 5G IoT Market, 2030
• Historical Data and Forecast of Africa 5G IoT Revenues & Volume for the Period 2020 - 2030
• Africa 5G IoT Market Trend Evolution
• Africa 5G IoT Market Drivers and Challenges
• Africa 5G IoT Price Trends
• Africa 5G IoT Porter's Five Forces
• Africa 5G IoT Industry Life Cycle
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Component for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Hardware for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Platform for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Connectivity for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Services for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Component for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Hardware for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Platform for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Connectivity for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Services for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Component for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Hardware for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Platform for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Connectivity for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Services for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Component for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Hardware for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Platform for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Connectivity for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Services for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Component for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Hardware for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Platform for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Connectivity for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Services for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Network Type for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By 5G Standalone for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By 5G Non-standalone for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Network Type for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By 5G Standalone for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By 5G Non-standalone for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Network Type for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By 5G Standalone for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By 5G Non-standalone for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Network Type for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By 5G Standalone for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By 5G Non-standalone for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Network Type for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By 5G Standalone for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By 5G Non-standalone for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By End User for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Manufacturing for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Healthcare for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Energy & Utilities for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Automotive and Transportation for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Supply Chain and Logistics for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Agriculture for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Government and Public Safety for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By End User for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Manufacturing for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Healthcare for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Energy & Utilities for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Automotive and Transportation for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Supply Chain and Logistics for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Agriculture for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Government and Public Safety for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By End User for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Manufacturing for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Healthcare for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Energy & Utilities for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Automotive and Transportation for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Supply Chain and Logistics for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Agriculture for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Government and Public Safety for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By End User for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Manufacturing for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Healthcare for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Energy & Utilities for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Automotive and Transportation for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Supply Chain and Logistics for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Agriculture for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Government and Public Safety for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By End User for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Manufacturing for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Healthcare for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Energy & Utilities for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Automotive and Transportation for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Supply Chain and Logistics for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Agriculture for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Government and Public Safety for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Organization Size for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Large Enterprises for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By SMEs for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Organization Size for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Large Enterprises for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By SMEs for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Organization Size for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Large Enterprises for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By SMEs for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Organization Size for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Large Enterprises for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By SMEs for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Organization Size for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Large Enterprises for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By SMEs for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Short-range IoT Devices for the Period 2020 - 2030
• Historical Data and Forecast of Africa 5G IoT Market Revenues & Volume By Wide-range IoT Devices for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Short-range IoT Devices for the Period 2020 - 2030
• Historical Data and Forecast of South Africa 5G IoT Market Revenues & Volume By Wide-range IoT Devices for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Short-range IoT Devices for the Period 2020 - 2030
• Historical Data and Forecast of Nigeria 5G IoT Market Revenues & Volume By Wide-range IoT Devices for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Short-range IoT Devices for the Period 2020 - 2030
• Historical Data and Forecast of Kenya 5G IoT Market Revenues & Volume By Wide-range IoT Devices for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Short-range IoT Devices for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Africa 5G IoT Market Revenues & Volume By Wide-range IoT Devices for the Period 2020 - 2030
• Africa 5G IoT Market - Key Performance Indicators
• Africa 5G IoT Market - Import Export Trade Statistics
• Africa 5G IoT Market - Opportunity Assessment By Countries
• Africa 5G IoT Market - Opportunity Assessment By Component
• Africa 5G IoT Market - Opportunity Assessment By Network Type
• Africa 5G IoT Market - Opportunity Assessment By End User
• Africa 5G IoT Market - Opportunity Assessment By Organization Size
• Africa 5G IoT Market - Opportunity Assessment By Type
• Africa 5G IoT Market - Top Companies Market Share
• Africa 5G IoT Market - Top Companies Profiles
• Africa 5G IoT Market - Comparison of Players in Technical and Operating Parameters
• Africa 5G IoT Market - Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Countries

• South Africa
• Nigeria
• Kenya
• Rest Of Africa

By Component

• Hardware
• Platform
• Connectivity
• Services

By Network Type

• 5G Standalone
• 5G non-standalone

By End User

• Manufacturing
• Healthcare
• Energy & Utilities
• Automotive And Transportation
• Supply Chain And Logistics
• Agriculture
• Government And Public Safety

By Organization Size

• Large Enterprises
• SMEs

By Type

• Short-Range IoT Devices
• Wide-Range IoT Devices