5G IoT Global Market Report 2026

5G IoT denotes a service that communicates seamlessly across all frequency bands, encompassing both local area networks and wide area networks (WAN), while maintaining optimal trade-offs in terms of speed, latency, and cost. The purpose of 5G IoT is to provide faster, more stable, and secure connectivity, driving advancements in various applications such as self-driving cars, smart grids for renewable energy, and AI-enabled robots deployed in factory settings.

The key components in 5G IoT include solutions, hardware, software, platforms, and services. Hardware encompasses tangible, physical elements of a computer system, including IoT modules, IoT gateways, modem cards, and 5G SIMs. The major network types are 5G standalone (SA) and 5G non-standalone (NSA). Enterprises adopting 5G IoT solutions come in various sizes, ranging from large enterprises to small and medium enterprises. Major end-users benefiting from 5G IoT applications span across industries such as manufacturing, healthcare, energy and utilities, automotive and transportation, supply chain and logistics, government and public safety, agriculture, and others.

Tariffs have affected the 5G iot market by raising costs for importing sensors, gateways, network equipment, and edge computing devices. These impacts are most visible in manufacturing, automotive, and energy sectors across asia pacific and north america where large scale iot deployments are underway. Increased costs have influenced investment decisions and deployment speed. At the same time, tariffs have encouraged local production of iot hardware and accelerated development of regional 5G iot ecosystems.

The 5G iot market research report is one of a series of new reports from The Business Research Company that provides 5G iot market statistics, including 5G iot industry global market size, regional shares, competitors with a 5G iot market share, detailed 5G iot market segments, market trends and opportunities, and any further data you may need to thrive in the 5G iot industry. This 5G iot market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The 5G iot market size has grown exponentially in recent years. It will grow from $20.03 billion in 2025 to $33.74 billion in 2026 at a compound annual growth rate (CAGR) of 68.5%. The growth in the historic period can be attributed to growth of connected devices, adoption of lte iot, expansion of smart manufacturing, demand for real time monitoring, early smart city projects.

The 5G iot market size is expected to see exponential growth in the next few years. It will grow to $268.1 billion in 2030 at a compound annual growth rate (CAGR) of 67.9%. The growth in the forecast period can be attributed to 5G standalone deployment, automation across industries, growth of smart grids, adoption of autonomous vehicles, demand for secure connectivity. Major trends in the forecast period include massive iot connectivity, ultra low latency applications, industrial iot integration, edge based iot analytics, private 5G iot networks.

A surge in mobile network data traffic is expected to drive the growth of the 5G IoT market going forward. 5G IoT supports large volumes of mobile network data traffic and a high number of users, including IoT devices. This substantial data traffic facilitates the expansion of 5G IoT by providing fast, reliable, low-latency, and secure connections. For example, in November 2024, according to the International Telecommunication Union, a Switzerland-based specialized agency, global mobile broadband traffic for end-user internet usage surpassed 1 zettabyte in 2023 for the first time and is projected to reach around 1.3 zettabytes in 2024. In comparison, fixed broadband traffic is expected to grow from 5.1 zettabytes in 2023 to approximately 6 zettabytes in 2024. Therefore, the increasing mobile network data traffic is fueling the growth of the 5G IoT market.

Prominent companies in the 5G IoT market are strategically focusing on innovative products, such as Radio Access Network (RAN) software, to better address the evolving needs of their existing consumer base. RAN software encompasses the software components responsible for overseeing and managing radio communications that link mobile devices (e.g., smartphones) with the cellular network. As an example, in June 2023, Telefonaktiebolaget LM Ericsson, a telecommunications company based in Sweden and known for its 5G IoT services, introduced Ericsson Reduced Capability (RedCap). RedCap by Ericsson is designed to establish an ecosystem for new types of devices capable of connecting to 5G networks. The expansion of the New Radio (NR) device ecosystem, featuring additional capabilities, is expected to drive the proliferation of diverse 5G use cases. RedCap enables connectivity for wearables that only have LTE capabilities, promoting more efficient methods to minimize device energy consumption. Specifically designed for low-complexity devices such as augmented reality (AR) smartwatches, video surveillance devices, industrial sensors, and smart energy systems, Ericsson RedCap employs energy-saving techniques surpassing those of traditional LTE low categories. This innovative approach has already generated interest within the wearable Original Equipment Manufacturer (OEM) sector.

In January 2025, Sequans Communications S.A., a France-based provider of cellular IoT solutions, acquired Advanced Circuit Pursuit AG for an undisclosed amount. Through this acquisition, Sequans aims to accelerate the development of its RedCap (Reduced Capability) 5G products, expand its IoT device ecosystem, strengthen its presence in the European market, enhance its end-to-end IoT connectivity solutions, unlock new revenue streams, and drive innovation across low-power and industrial IoT applications. Advanced Circuit Pursuit AG is a Switzerland-based IoT electronics company specializing in IoT modules and electronics that support low-power, wide-area, and cellular IoT applications.

Major companies operating in the 5g iot market are Samsung Electronics Co. Ltd.; China Mobile Ltd.; Verizon Communications Inc.; Deutsche Telekom AG; AT&T Inc.; Huawei Technologies Co. Ltd.; T-Mobile International AG; China Telecom Corporation Limited; LG Electronics Inc.; Intel Technology Corporation; Cisco Systems Inc.; NTT Docomo Inc.; China Unicom Limited; Vodafone Group plc; Orange S.A.; Telefonica S.A; Qualcomm Technologies Inc.; Fujitsu Ltd.; BT Group plc; Ericsson AB; Nokia Corporation; NEC Corporation; Telstra Corporation Limited; Thales Group; KT Corporation; TIM S.p.A.; ZTE Corporation; SK Telecom Co. Ltd.; Swisscom AG; Singtel Optus Pty Limited

North America was the largest region in the 5G IoT market in 2025. The regions covered in the 5G iot market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the 5G iot market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The 5G IoT market includes revenues earned by entities by providing enterprise and high-speed industrial networking services, mobile computing, video broadcasting, fixed wireless access (FWA). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

5G IoT Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses 5g iot market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for 5g iot ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The 5g iot market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Component: Solution; Hardware; Software And Platform; Services
• 2) By Network Type: 5G Standalone (SA); 5G Non-Standalone (NSA)
• 3) By Enterprise Size: Large Enterprises; Small and Medium Enterprises
• 4) By End User: Manufacturing; Healthcare; Energy And Utilities; Automotive And Transportation; Supply Chain And Logistics; Government And Public Safety; Agriculture; Other End Users
• Subsegments:
• 1) By Solution: Connectivity Solutions; Device Management Solutions; Security Solutions
• 2) By Hardware: IoT Devices (Sensors, Actuators); Gateways; Network Equipment
• 3) By Software and Platform: Analytics Software; Application Development Platforms; Operating Systems
• 4) By Services: Consulting Services; Integration Services; Managed Services
• Companies Mentioned: Samsung Electronics Co. Ltd.; China Mobile Ltd.; Verizon Communications Inc.; Deutsche Telekom AG; AT&T Inc.; Huawei Technologies Co. Ltd.; T-Mobile International AG; China Telecom Corporation Limited; LG Electronics Inc.; Intel Technology Corporation; Cisco Systems Inc.; NTT Docomo Inc.; China Unicom Limited; Vodafone Group plc; Orange S.A.; Telefonica S.A; Qualcomm Technologies Inc.; Fujitsu Ltd.; BT Group plc; Ericsson AB; Nokia Corporation; NEC Corporation; Telstra Corporation Limited; Thales Group; KT Corporation; TIM S.p.A.; ZTE Corporation; SK Telecom Co. Ltd.; Swisscom AG; Singtel Optus Pty Limited
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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