Global 5G Industrial IoT Market Size study & Forecast, by Component, by Organization Size, by Application and Regional Forecasts 2025-2035

Description

The Global 5G Industrial IoT Market is valued at approximately USD 476 billion in 2024 and is anticipated to expand at a CAGR of more than 4.49% during the forecast period 2025-2035. The evolution of 5G-enabled IoT is revolutionizing industries by enabling ultra-reliable, low-latency connectivity that supports a broad spectrum of applications, from real-time asset monitoring to predictive maintenance. This ecosystem is not just a technological upgrade but a strategic enabler for digital transformation, allowing enterprises to accelerate automation, streamline operations, and harness data-driven insights at unprecedented scale. Increasing adoption of Industry 4.0 frameworks, rising demand for intelligent automation, and the push toward hyper-connected supply chains are some of the key factors steering market growth globally.

The accelerated adoption of connected ecosystems has created an exponential surge in demand for 5G-enabled IoT solutions. The combination of high bandwidth, minimal latency, and massive machine-type communication has opened new frontiers for industrial operations that require precise, uninterrupted connectivity. For instance, predictive maintenance systems powered by real-time IoT analytics help reduce downtime and extend equipment life cycles, making them indispensable for manufacturers and logistics operators. According to GSMA, global 5G connections surpassed 1 billion in 2022 and are forecasted to triple by 2030, reflecting a massive potential for industrial IoT applications. Despite these tailwinds, challenges such as high initial deployment costs and growing cybersecurity concerns remain barriers to widespread adoption. However, the advancement of edge computing and AI-powered IoT platforms continues to create lucrative opportunities throughout the forecast horizon.

The detailed segments and sub-segments included in the report are:

By Component:

Hardware
Solution
Service
Professional
Managed

By Organization Size:

Large Enterprise
Small & Medium Enterprise

By Application:

Predictive Maintenance
Business Process Optimization
Asset Tracking & Management
Logistics & Supply Chain Management
Real-time Workforce Tracking & Management
Automation Control & Management
Emergency

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa
Among the applications, predictive maintenance is expected to dominate the market during the forecast period. Industries are increasingly leveraging IoT-enabled predictive maintenance tools to anticipate machinery failures before they occur, reducing costly downtimes and optimizing performance. The growing need to ensure asset reliability in manufacturing, energy, and logistics sectors is fueling the adoption of predictive maintenance systems, which consistently account for a large portion of deployments. Furthermore, as enterprises race to digitize operations and adopt AI-driven analytics, predictive maintenance stands out as the cornerstone of industrial IoT adoption strategies, securing its position as the market leader in the years to come.
In terms of revenue contribution, asset tracking and management currently represent the largest share of the market. With industries across logistics, retail, and manufacturing prioritizing real-time visibility of goods and equipment, asset tracking solutions are seeing robust adoption. These systems leverage 5G-enabled IoT devices to provide granular, real-time updates that optimize fleet utilization, inventory levels, and warehouse operations. While asset tracking holds a strong lead, emerging technologies in automation control and supply chain management are quickly accelerating, suggesting that future growth will be evenly spread across multiple applications as enterprises integrate IoT more holistically across operations.
The key regions considered for the Global 5G Industrial IoT Market study include Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. North America dominated the market in 2025, owing to its advanced digital infrastructure, strong presence of IoT solution providers, and large-scale adoption of Industry 4.0 technologies. The U.S., in particular, continues to lead investments in smart factories and edge IoT deployments. Meanwhile, Asia Pacific is projected to witness the fastest growth, underpinned by rapid industrialization, 5G rollouts in China, India, and South Korea, and the region's manufacturing strength. Europe also presents strong growth prospects as governments prioritize digital transformation under Industry 5.0 strategies, emphasizing sustainable, connected ecosystems across industries.

Major market players included in this report are:

Qualcomm Technologies Inc.
Ericsson AB
Nokia Corporation
Huawei Technologies Co., Ltd.
Samsung Electronics Co., Ltd.
Cisco Systems, Inc.
Intel Corporation
IBM Corporation
Microsoft Corporation
Siemens AG
General Electric Company
Honeywell International Inc.
ABB Ltd.
Rockwell Automation, Inc.
Schneider Electric SE

Global 5G Industrial IoT Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of the competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global 5G Industrial IoT Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. key Findings

Chapter 3. Global 5G Industrial IoT Market Forces Analysis

3.1. Market Forces Shaping The Global 5G Industrial IoT Market (2024-2035)
3.2. Drivers
- 3.2.1. Increasing adoption of Industry 4.0 frameworks
- 3.2.2. Rising demand for intelligent automation
3.3. Restraints
- 3.3.1. High initial deployment costs and growing cybersecurity concerns
3.4. Opportunities
- 3.4.1. Advancement of edge computing and AI-powered IoT platforms

Chapter 4. Global 5G Industrial IoT Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global 5G Industrial IoT Market Size & Forecasts by Component 2025-2035

5.1. Market Overview
5.2. Global Growth Hormone Deficiency Market Performance - Potential Analysis (2025)
5.3. Hardware
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
5.4. Solution
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035
5.5. Service
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market size analysis, by region, 2025-2035

Chapter 6. Global 5G Industrial IoT Market Size & Forecasts by Organization Size 2025-2035

6.1. Market Overview
6.2. Global Growth Hormone Deficiency Market Performance - Potential Analysis (2025)
6.3. Large Enterprise
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
6.4. Small & Medium Enterprise
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035

Chapter 7. Global 5G Industrial IoT Market Size & Forecasts by Application 2025-2035

7.1. Market Overview
7.2. Global Growth Hormone Deficiency Market Performance - Potential Analysis (2025)
7.3. Predictive Maintenance
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035
7.4. Business Process Optimization
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market size analysis, by region, 2025-2035
7.5. Asset Tracking & Management
- 7.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.5.2. Market size analysis, by region, 2025-2035
7.6. Logistics & Supply Chain Management
- 7.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.6.2. Market size analysis, by region, 2025-2035
7.7. Real-time Workforce Tracking & Management
- 7.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.7.2. Market size analysis, by region, 2025-2035
7.8. Automation Control & Management
- 7.8.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.8.2. Market size analysis, by region, 2025-2035
7.9. Emergency
- 7.9.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.9.2. Market size analysis, by region, 2025-2035

Chapter 8. Global 5G Industrial IoT Market Size & Forecasts by Region 2025-2035

8.1. Growth 5G Industrial IoT Market, Regional Market Snapshot
8.2. Top Leading & Emerging Countries
8.3. North America 5G Industrial IoT Market
- 8.3.1. U.S. 5G Industrial IoT Market
  - 8.3.1.1. Component breakdown size & forecasts, 2025-2035
  - 8.3.1.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.3.1.3. Application breakdown size & forecasts, 2025-2035
- 8.3.2. Canada 5G Industrial IoT Market
  - 8.3.2.1. Component breakdown size & forecasts, 2025-2035
  - 8.3.2.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.3.2.3. Application breakdown size & forecasts, 2025-2035
8.4. Europe 5G Industrial IoT Market
- 8.4.1. UK 5G Industrial IoT Market
  - 8.4.1.1. Component breakdown size & forecasts, 2025-2035
  - 8.4.1.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.4.1.3. Application breakdown size & forecasts, 2025-2035
- 8.4.2. Germany 5G Industrial IoT Market
  - 8.4.2.1. Component breakdown size & forecasts, 2025-2035
  - 8.4.2.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.4.2.3. Application breakdown size & forecasts, 2025-2035
- 8.4.3. France 5G Industrial IoT Market
  - 8.4.3.1. Component breakdown size & forecasts, 2025-2035
  - 8.4.3.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.4.3.3. Application breakdown size & forecasts, 2025-2035
- 8.4.4. Spain 5G Industrial IoT Market
  - 8.4.4.1. Component breakdown size & forecasts, 2025-2035
  - 8.4.4.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.4.4.3. Application breakdown size & forecasts, 2025-2035
- 8.4.5. Italy 5G Industrial IoT Market
  - 8.4.5.1. Component breakdown size & forecasts, 2025-2035
  - 8.4.5.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.4.5.3. Application breakdown size & forecasts, 2025-2035
- 8.4.6. Rest of Europe 5G Industrial IoT Market
  - 8.4.6.1. Component breakdown size & forecasts, 2025-2035
  - 8.4.6.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.4.6.3. Application breakdown size & forecasts, 2025-2035
8.5. Asia Pacific 5G Industrial IoT Market
- 8.5.1. China 5G Industrial IoT Market
  - 8.5.1.1. Component breakdown size & forecasts, 2025-2035
  - 8.5.1.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.5.1.3. Application breakdown size & forecasts, 2025-2035
- 8.5.2. India 5G Industrial IoT Market
  - 8.5.2.1. Component breakdown size & forecasts, 2025-2035
  - 8.5.2.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.5.2.3. Application breakdown size & forecasts, 2025-2035
- 8.5.3. Japan 5G Industrial IoT Market
  - 8.5.3.1. Component breakdown size & forecasts, 2025-2035
  - 8.5.3.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.5.3.3. Application breakdown size & forecasts, 2025-2035
- 8.5.4. Australia 5G Industrial IoT Market
  - 8.5.4.1. Component breakdown size & forecasts, 2025-2035
  - 8.5.4.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.5.4.3. Application breakdown size & forecasts, 2025-2035
- 8.5.5. South Korea 5G Industrial IoT Market
  - 8.5.5.1. Component breakdown size & forecasts, 2025-2035
  - 8.5.5.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.5.5.3. Application breakdown size & forecasts, 2025-2035
- 8.5.6. Rest of APAC 5G Industrial IoT Market
  - 8.5.6.1. Component breakdown size & forecasts, 2025-2035
  - 8.5.6.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.5.6.3. Application breakdown size & forecasts, 2025-2035
8.6. Latin America 5G Industrial IoT Market
- 8.6.1. Brazil 5G Industrial IoT Market
  - 8.6.1.1. Component breakdown size & forecasts, 2025-2035
  - 8.6.1.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.6.1.3. Application breakdown size & forecasts, 2025-2035
- 8.6.2. Mexico 5G Industrial IoT Market
  - 8.6.2.1. Component breakdown size & forecasts, 2025-2035
  - 8.6.2.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.6.2.3. Application breakdown size & forecasts, 2025-2035
8.7. Middle East and Africa 5G Industrial IoT Market
- 8.7.1. UAE 5G Industrial IoT Market
  - 8.7.1.1. Component breakdown size & forecasts, 2025-2035
  - 8.7.1.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.7.1.3. Application breakdown size & forecasts, 2025-2035
- 8.7.2. Saudi Arabia (KSA) 5G Industrial IoT Market
  - 8.7.2.1. Component breakdown size & forecasts, 2025-2035
  - 8.7.2.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.7.2.3. Application breakdown size & forecasts, 2025-2035
- 8.7.3. South Africa 5G Industrial IoT Market
  - 8.7.3.1. Component breakdown size & forecasts, 2025-2035
  - 8.7.3.2. Organization Size breakdown size & forecasts, 2025-2035
  - 8.7.3.3. Application breakdown size & forecasts, 2025-2035

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Qualcomm Technologies Inc.
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Financial Performance (Subject to Data Availability)
- 9.2.5. Product/Services Port
- 9.2.6. Recent Development
- 9.2.7. Market Strategies
- 9.2.8. SWOT Analysis
9.3. Ericsson AB
9.4. Nokia Corporation
9.5. Huawei Technologies Co., Ltd.
9.6. Samsung Electronics Co., Ltd.
9.7. Cisco Systems, Inc.
9.8. Intel Corporation
9.9. IBM Corporation
9.10. Microsoft Corporation
9.11. Siemens AG
9.12. General Electric Company
9.13. Honeywell International Inc.
9.14. ABB Ltd.
9.15. Rockwell Automation, Inc.
9.16. Schneider Electric SE