Market Forecast 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) And Competitive Landscape
Product Code: ETC4379522 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Report Name | US 5G IoT Market |
Forecast period | 2025-2031 |
CAGR | 28.6% |
Growing Sector | Healthcare |
The US 5G IoT market report thoroughly covers the market by component, by network type, by end user, by organization size, by type and competitive Landscape. The report provides an unbiased and detailed analysis of the on-going 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.
The United States 5G IoT market is experiencing a significant surge, underpinned by the rapid deployment of 5G networks and the increasing number of IoT devices requiring high-speed internet connectivity. This expansion is characterized by transformative applications across various sectors including healthcare, automotive, agriculture, and smart cities, leading to enhanced efficiency, reduced latency, and ground breaking advancements in real-time data analytics. With major telecom players pushing for country-wide 5G coverage, the market anticipates a continued upward trajectory, paving the path for innovative use cases and an interconnected digital ecosystem. Additionally, one of the most prominent trends in the United States 5G IoT market is the rise of edge computing, which allows data processing to occur closer to where it is needed, reducing latency and accelerating response times. Furthermore, the integration of artificial intelligence (AI) in IoT devices is making systems smarter, enabling predictive maintenance and enhancing user experiences. The automotive sector, in particular, is witnessing a boom in 5G-enabled vehicular communications, promoting safer and more efficient transportation solutions. Additionally, the healthcare industry is leveraging 5G IoT for telemedicine and remote patient monitoring, signaling a revolution in patient care modalities. As 5G technology matures, these trends are expected to evolve, underlining a steady shift towards more autonomous, connected, and user-centric IoT applications.
According to 6Wresearch, US 5G IoT market size is projected to grow at a CAGR of 28.6% during 2025-2031. Several growth drivers are propelling the expansion of the 5G IoT market. Key among them is the government's support for digital infrastructure through policies and funding, which is critical for large-scale 5G deployment. Additionally, the exponential increase in the number of connected devices has generated a need for networks that can handle massive data volumes at high speeds. Corporate investment in IoT solutions is also soaring, as businesses recognize the competitive advantage offered by real-time data insight and analytics. Furthermore, consumer demand for more sophisticated and seamless experiences, particularly in smart home technologies and personal wearables, continues to stimulate the market's vigor.
Government initiatives play a crucial role in the advancement and deployment of 5G IoT. Many national strategies now include substantial investments in 5G infrastructure, reflecting a commitment to fostering innovation and competitiveness in the digital age. The government funding and regulatory support provide a strong foundation for public-private partnerships. Harmoniously, these plans have improved the US 5G IoT Market Share. Consequently, these collaborations lead to the development of smart cities where IoT permeates public services, optimizing traffic management, energy use, and emergency response systems. By prioritizing connectivity, governments are not only boosting economic growth but also enhancing the quality of life for their citizens
Several key players are at the forefront of the 5G IoT revolution, each contributing unique innovations and substantial investments. Qualcomm leads with its cutting-edge chipsets that enable a myriad of IoT devices, while Huawei and Ericsson are laying the groundwork with extensive 5G infrastructure rollouts. Cisco Systems stands out for its robust networking equipment and management solutions that are vital for handling the increased traffic 5G IoT brings. At the consumer level, Samsung and Apple are embedding 5G capabilities into their latest devices, making the technology accessible to the masses. In addition, the firms’ hold enormous US 5G IoT Market Revenues. Further, these companies, among others, are crucial to the ecosystem, driving the 5G IoT market towards a connected future.
The future of 5G IoT market embraces transformative potential across industries. In healthcare, for example, 5G IoT is anticipated to revolutionize patient care through real-time remote monitoring and telemedicine, drastically reducing the need for in-person consultations. The manufacturing sector, too, will witness a paradigm shift as smart factories powered by 5G IoT become prevalent, streamlining operations through enhanced automation and data analytics. Moreover, in the realm of autonomous vehicles, 5G IoT is expected to be pivotal in achieving higher levels of vehicular automation, with improved safety and traffic efficiency. Undoubtedly, as 5G technology matures and achieves wider coverage, the interconnectedness of devices and systems will unlock unprecedented levels of efficiency, innovation, and convenience in our day-to-day lives.
According to Ravi Bhandari, Research Head, 6Wresearch, the 5G IoT ecosystem is built upon four foundational components: Hardware, which constitutes the sensors, devices, and actuators; Platform, the suite of software that processes and manages data; Connectivity, encompassing the network infrastructure like 5G that ensures fast and reliable communication; and Services, which include professional support, security, and system maintenance that ensure the smooth operation and deployment of IoT solutions. Each component plays a critical role, forming an integrated framework that is essential for realizing the full potential of 5G within the Internet of Things.
The integration of 5G IoT is poised to be a game-changer across a diverse spectrum of applications. Manufacturing will see the emergence of fully interconnected smart factories; Healthcare shall leverage IoT for enhanced patient care and telemedicine; Energy & Utilities industries are set to optimize resources and grid management; the Automotive and Transportation sector will advance towards highly autonomous systems for improved road safety and traffic flow; Supply Chain and Logistics will benefit from better real-time tracking and inventory management; in Agriculture, IoT will enable precision farming to maximize yield and efficiency; and Government and Public Safety will implement IoT to enhance city services and public welfare initiatives.
The US 5G IoT market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 US 5G IoT Market Overview |
3.1 US Country Macro Economic Indicators |
3.2 US 5G IoT Market Revenues & Volume, 2021 & 2031F |
3.3 US 5G IoT Market - Industry Life Cycle |
3.4 US 5G IoT Market - Porter's Five Forces |
3.5 US 5G IoT Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 US 5G IoT Market Revenues & Volume Share, By Network Type, 2021 & 2031F |
3.7 US 5G IoT Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 US 5G IoT Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.9 US 5G IoT Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 US 5G IoT Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 US 5G IoT Market Trends |
6 US 5G IoT Market, By Types |
6.1 US 5G IoT Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 US 5G IoT Market Revenues & Volume, By Component, 2021 - 2031F |
6.1.3 US 5G IoT Market Revenues & Volume, By Hardware, 2021 - 2031F |
6.1.4 US 5G IoT Market Revenues & Volume, By Platform, 2021 - 2031F |
6.1.5 US 5G IoT Market Revenues & Volume, By Connectivity, 2021 - 2031F |
6.1.6 US 5G IoT Market Revenues & Volume, By Services, 2021 - 2031F |
6.2 US 5G IoT Market, By Network Type |
6.2.1 Overview and Analysis |
6.2.2 US 5G IoT Market Revenues & Volume, By 5G Standalone, 2021 - 2031F |
6.2.3 US 5G IoT Market Revenues & Volume, By 5G Non-standalone, 2021 - 2031F |
6.3 US 5G IoT Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 US 5G IoT Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.3.3 US 5G IoT Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.4 US 5G IoT Market Revenues & Volume, By Energy & Utilities, 2021 - 2031F |
6.3.5 US 5G IoT Market Revenues & Volume, By Automotive and Transportation, 2021 - 2031F |
6.3.6 US 5G IoT Market Revenues & Volume, By Supply Chain and Logistics, 2021 - 2031F |
6.3.7 US 5G IoT Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.4 US 5G IoT Market, By Organization Size |
6.4.1 Overview and Analysis |
6.4.2 US 5G IoT Market Revenues & Volume, By Large Enterprises, 2021 - 2031F |
6.4.3 US 5G IoT Market Revenues & Volume, By SMEs, 2021 - 2031F |
6.5 US 5G IoT Market, By Type |
6.5.1 Overview and Analysis |
6.5.2 US 5G IoT Market Revenues & Volume, By Short-range IoT Devices, 2021 - 2031F |
6.5.3 US 5G IoT Market Revenues & Volume, By Wide-range IoT Devices, 2021 - 2031F |
7 US 5G IoT Market Import-Export Trade Statistics |
7.1 US 5G IoT Market Export to Major Countries |
7.2 US 5G IoT Market Imports from Major Countries |
8 US 5G IoT Market Key Performance Indicators |
9 US 5G IoT Market - Opportunity Assessment |
9.1 US 5G IoT Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 US 5G IoT Market Opportunity Assessment, By Network Type, 2021 & 2031F |
9.3 US 5G IoT Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 US 5G IoT Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.5 US 5G IoT Market Opportunity Assessment, By Type, 2021 & 2031F |
10 US 5G IoT Market - Competitive Landscape |
10.1 US 5G IoT Market Revenue Share, By Companies, 2024 |
10.2 US 5G IoT Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |