North American 5G IoT Market 2026-2035

Description

List of Tables

North America 5G IoT Market Size, Share & Trends Analysis Report by Components (Hardware, Platform, Connectivity, and Services), by Network (5G Standalone, and 5G Non-Standalone), and by End-User Industry (BFSI, Manufacturing, Healthcare, Energy and Utilities, Automotive and Transportation, Government and Defense, Residential, and Others), Forecast Period (2026-2035)

Industry Overview

North America 5G IoT market was valued at $2.2 billion in 2025 and is projected to reach $65.9 billion by 2035, growing at a CAGR of 40.5% during the forecast period (2026-2035). The North American 5G IoT market is expanding due to rising demand for automated solutions and enhanced connectivity across sectors. Motorola Solutions, Inc. has introduced IoT-enabled communication devices for industrial and public safety applications. Government incentives and private investments are supporting rapid 5G infrastructure rollout. Honeywell International Inc. deploys IoT solutions to monitor and control energy and manufacturing operations. These initiatives are improving operational efficiency and accelerating digital transformation. The combined efforts of enterprises and telecom providers are solidifying North America's leadership in 5G IoT adoption.

Market Dynamics

Expansion of Smart City and Connected Infrastructure

The North American 5G IoT market is witnessing robust growth as cities increasingly adopt smart infrastructure solutions. Cisco Systems, Inc. has deployed IoT-enabled 5G networks to enhance traffic management and public safety in metropolitan areas. AT&T Inc. is providing enterprise-grade connectivity for energy grids and building automation systems. These advancements allow municipalities to optimize operations and improve citizen services. Collaboration between telecom providers and technology developers is accelerating large-scale implementation. The trend underscores the region's focus on integrating 5G IoT for urban modernization.

Growth of Edge Computing and IoT Analytics

Edge computing combined with 5G IoT is reshaping industrial and commercial operations in North America. Qualcomm Technologies, Inc. has developed 5G modules for edge devices that enable real-time analytics and low-latency communication. Verizon Communications Inc. is offering managed 5G IoT services that integrate cloud platforms with localized data processing. These solutions enhance efficiency, reduce network strain, and support critical applications in manufacturing and healthcare. Companies are increasingly leveraging this synergy to optimize processes and decision-making. The trend is driving innovation and boosting adoption of advanced 5G IoT systems.

Market Segmentation

Based on the components, the market is segmented into hardware, platform, connectivity, and services.
Based on the network, the market is segmented into 5G standalone and 5G non-standalone.
Based on the end-user industry, the market is segmented into BFSI, manufacturing, healthcare, energy and utilities, automotive and transportation, government and defense, residential, and others.

Non-Standalone (NSA) Networks Segment to Lead the Market with the Largest Share

Adoption of 5G Non-Standalone (NSA) networks is enabling faster deployment of IoT solutions across North America. AT&T Inc. has utilized NSA architecture to expand connected vehicle services and industrial automation solutions. T-Mobile US, Inc. is integrating NSA networks with existing LTE infrastructure to ensure seamless enterprise IoT connectivity. This approach allows organizations to implement advanced applications without waiting for full standalone networks. NSA deployment supports cost-effective, scalable integration for early-stage IoT projects. Businesses are leveraging these networks to accelerate innovation and operational efficiency.

Manufacturing: A Key Segment in Market Growth

Manufacturing remains a key contributor to North America's 5G IoT market expansion. General Electric Company has introduced 5G-enabled factory solutions that support predictive maintenance and real-time machine communication. Rockwell Automation, Inc. is implementing IoT systems for process optimization and supply chain monitoring. These innovations increase production efficiency, reduce downtime, and improve product quality. Collaboration between industrial firms and telecom providers is advancing the adoption of smart factories. The manufacturing sector continues to drive significant growth in 5G IoT deployment across the region.

Regional Outlook

US Dominates the Market with Major Share

The US 5G IoT market is growing as enterprises across multiple industries embrace connected solutions. Verizon Communications Inc. has launched IoT platforms for logistics, healthcare, and smart building applications, enabling real-time monitoring and control. Intel Corporation provides 5G modules and edge computing solutions that support industrial automation and data analytics. Private sector investment and federal initiatives are accelerating 5G infrastructure expansion. Organizations are increasingly adopting IoT-enabled devices to improve operational efficiency and decision-making. The US continues to establish itself as a leading market for next-generation 5G IoT applications.

Market Players Outlook

The major companies operating in the North America 5G IoT market include AT&T Inc., Cisco Systems, Inc., Qualcomm Technologies, Inc., T-Mobile US, Inc., Verizon Communications Inc., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.

Recent Development

In October 2025, AT&T and Ericsson joined forces to unveil the AT&T IoT Marketplace, an advanced digital eCommerce platform designed to facilitate service innovation and monetization of IOT services at scale. It streamlines the processes of selling, contracting, provisioning, and billing within the Internet of Things (IoT) sector. This state-of-the-art platform features a comprehensive digital catalog, order management system, and TMF API based integration and exposure. The platform provides an efficient and seamless solution specifically designed for industries like transportation, manufacturing, and healthcare, supporting this growing area of AT&T's business offering.

The Report Covers:

Market value data analysis of 2024 and forecast to 2035.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the North America 5G IoT market. Based on the availability of data, information related to new products and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.

Product Code: OMR2023746

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
North America 5G IoT Market Sales Analysis - Component | Network | End-User Industry | ($ Million)
North America 5G IoT Market Sales Performance of Top Countries
1.1. Research Methodology
Primary Research Approach
Secondary Research Approach
1.2. Market Snapshot

2. Market Overview and Insights

2.1. Scope of the Study
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key North America 5G IoT Industry Trends
- 2.2.2. Market Recommendations

3. Market Determinants

3.1. Market Drivers
- 3.1.1. Drivers For North America 5G IoT Market: Impact Analysis
3.2. Market Pain Points and Challenges
- 3.2.1. Restraints For North America 5G IoT Market: Impact Analysis
3.3. Market Opportunities

4. Competitive Landscape

4.1. Competitive Dashboard - North America 5G IoT Market Revenue and Share by Manufacturers
5G IoT Product Comparison Analysis
Top Market Player Ranking Matrix
4.2. Key Company Analysis
- 4.2.1. AT&T Inc.
  - 4.2.1.1. Overview
  - 4.2.1.2. Product Portfolio
  - 4.2.1.3. Financial Analysis
  - 4.2.1.4. SWOT Analysis
  - 4.2.1.5. Business Strategy
- 4.2.2. Cisco Systems, Inc.
  - 4.2.2.1. Overview
  - 4.2.2.2. Product Portfolio
  - 4.2.2.3. Financial Analysis
  - 4.2.2.4. SWOT Analysis
  - 4.2.2.5. Business Strategy
- 4.2.3. Qualcomm Technologies, Inc.
  - 4.2.3.1. Overview
  - 4.2.3.2. Product Portfolio
  - 4.2.3.3. Financial Analysis
  - 4.2.3.4. SWOT Analysis
  - 4.2.3.5. Business Strategy
- 4.2.4. T-Mobile US, Inc.
  - 4.2.4.1. Overview
  - 4.2.4.2. Product Portfolio
  - 4.2.4.3. Financial Analysis
  - 4.2.4.4. SWOT Analysis
  - 4.2.4.5. Business Strategy
- 4.2.5. Verizon Communications Inc.
  - 4.2.5.1. Overview
  - 4.2.5.2. Product Portfolio
  - 4.2.5.3. Financial Analysis
  - 4.2.5.4. SWOT Analysis
  - 4.2.5.5. Business Strategy
4.3. Top Winning Strategies by Market Players
- 4.3.1. Merger and Acquisition
- 4.3.2. Product Launch
- 4.3.3. Partnership And Collaboration

5. North American 5G IoT Market Sales Analysis by Component ($ Million)

5.1. Hardware
5.2. Platform
5.3. Connectivity
5.4. Services
- 5.4.1. Professional Services
- 5.4.2. Managed Services

6. North American 5G IoT Market Sales Analysis by Network ($ Million)

6.1. 5G Standalone
6.2. 5G Non-Standalone

7. North American 5G IoT Market Sales Analysis by End-User ($ Million)

7.1. BFSI
7.2. Manufacturing
7.3. Healthcare
7.4. Energy and Utilities
7.5. Automotive and Transportation
7.6. Government and Defense
7.7. Residential
7.8. Others End-User (Smart Building, Agriculture, and Education)

8. Regional Analysis

8.1. North America 5G IoT Market Sales Analysis - Component | Network | End-User Industry | Country ($ Million)
Macroeconomic Factors for North America
- 8.1.1. US
- 8.1.2. Canada

9. Company Profiles

9.1. AT&T Inc.
- 9.1.1. Quick Facts
- 9.1.2. Company Overview
- 9.1.3. Product Portfolio
- 9.1.4. Business Strategies
9.2. Ceva, Inc
- 9.2.1. Quick Facts
- 9.2.2. Company Overview
- 9.2.3. Product Portfolio
- 9.2.4. Business Strategies
9.3. Cisco Systems, Inc.
- 9.3.1. Quick Facts
- 9.3.2. Company Overview
- 9.3.3. Product Portfolio
- 9.3.4. Business Strategies
9.4. Dell Technologies Inc.
- 9.4.1. Quick Facts
- 9.4.2. Company Overview
- 9.4.3. Product Portfolio
- 9.4.4. Business Strategies
9.5. Ericsson Inc.
- 9.5.1. Quick Facts
- 9.5.2. Company Overview
- 9.5.3. Product Portfolio
- 9.5.4. Business Strategies
9.6. General Electric Company
- 9.6.1. Quick Facts
- 9.6.2. Company Overview
- 9.6.3. Product Portfolio
- 9.6.4. Business Strategies
9.7. Honeywell International Inc.
- 9.7.1. Quick Facts
- 9.7.2. Company Overview
- 9.7.3. Product Portfolio
- 9.7.4. Business Strategies
9.8. IBM Corporation
- 9.8.1. Quick Facts
- 9.8.2. Company Overview
- 9.8.3. Product Portfolio
- 9.8.4. Business Strategies
9.9. Intel Corporation
- 9.9.1. Quick Facts
- 9.9.2. Company Overview
- 9.9.3. Product Portfolio
- 9.9.4. Business Strategies
9.10. JMA Wireless
- 9.10.1. Quick Facts
- 9.10.2. Company Overview
- 9.10.3. Product Portfolio
- 9.10.4. Business Strategies
9.11. Microsoft Corporation
- 9.11.1. Quick Facts
- 9.11.2. Company Overview
- 9.11.3. Product Portfolio
- 9.11.4. Business Strategies
9.12. Motorola Solutions, Inc.
- 9.12.1. Quick Facts
- 9.12.2. Company Overview
- 9.12.3. Product Portfolio
- 9.12.4. Business Strategies
9.13. Nokia Corporation
- 9.13.1. Quick Facts
- 9.13.2. Company Overview
- 9.13.3. Product Portfolio
- 9.13.4. Business Strategies
9.14. Oracle Corporation
- 9.14.1. Quick Facts
- 9.14.2. Company Overview
- 9.14.3. Product Portfolio
- 9.14.4. Business Strategies
9.15. Qualcomm Technologies, Inc.
- 9.15.1. Quick Facts
- 9.15.2. Company Overview
- 9.15.3. Product Portfolio
- 9.15.4. Business Strategies
9.16. Rockwell Automation, Inc.
- 9.16.1. Quick Facts
- 9.16.2. Company Overview
- 9.16.3. Product Portfolio
- 9.16.4. Business Strategies
9.17. Samsara Inc.
- 9.17.1. Quick Facts
- 9.17.2. Company Overview
- 9.17.3. Product Portfolio
- 9.17.4. Business Strategies
9.18. Sierra Wireless, Inc.
- 9.18.1. Quick Facts
- 9.18.2. Company Overview
- 9.18.3. Product Portfolio
- 9.18.4. Business Strategies
9.19. T-Mobile US, Inc.
- 9.19.1. Quick Facts
- 9.19.2. Company Overview
- 9.19.3. Product Portfolio
- 9.19.4. Business Strategies
9.20. Verizon Communications Inc.
- 9.20.1. Quick Facts
- 9.20.2. Company Overview
- 9.20.3. Product Portfolio
- 9.20.4. Business Strategies