PUBLISHER: The Business Research Company | PRODUCT CODE: 2160956
PUBLISHER: The Business Research Company | PRODUCT CODE: 2160956
Fifth-generation (5G) industrial Internet of Things (IoT) refers to the integration of 5G wireless communication technologies with industrial IoT (IIoT) devices, machines, and systems to provide high-speed, low-latency, and highly reliable industrial connectivity. It enables real-time monitoring, automation, predictive maintenance, and machine-to-machine communication, thereby improving operational efficiency, productivity, and safety across industrial sectors.
The primary components of fifth-generation (5G) industrial internet of things (IoT) include hardware, solutions, and services. Hardware refers to physical devices and equipment used to connect, monitor, and control industrial assets through 5G-enabled communication networks. These systems use fifth-generation standalone, fifth-generation non-standalone, and private fifth-generation networks and are adopted by large enterprises and small and medium enterprises. The various applications include predictive maintenance, business process optimization, asset tracking and management, logistics and supply chain management, real-time workforce tracking and management, automation control and management, and emergency applications. They are utilized by end-user industries such as manufacturing, energy and utilities, automotive, transportation and logistics, healthcare, and others.
Tariffs are influencing the fifth-generation (5G) industrial Internet of Things (IoT) market by increasing the costs of imported 5G network equipment, industrial sensors, communication modules, gateways, and semiconductor components required for connected industrial deployments. This is raising deployment expenses and potentially slowing the expansion of private 5G networks and industrial connectivity, particularly in regions dependent on imported telecommunications and electronic equipment such as Asia-Pacific and Latin America. Hardware-intensive areas, including 5G industrial gateways, routers, modems, communication modules, and edge devices, are most affected due to their dependence on global supply chains. However, tariffs are also encouraging local manufacturing, regional supplier diversification, and greater investment in domestic 5G and industrial IoT ecosystems, strengthening long-term supply chain resilience.
The fifth-generation (5G) industrial internet of things (IoT) market research report is one of a series of new reports from The Business Research Company that provides fifth-generation (5G) industrial internet of things (IoT) market statistics, including fifth-generation (5G) industrial internet of things (IoT) industry global market size, regional shares, competitors with a fifth-generation (5G) industrial internet of things (IoT) market share, detailed fifth-generation (5G) industrial internet of things (IoT) market segments, market trends and opportunities, and any further data you may need to thrive in the fifth-generation (5G) industrial internet of things (IoT) industry. This fifth-generation (5G) industrial internet of things (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 fifth-generation (5G) industrial internet of things (IoT) market size has grown exponentially in recent years. It will grow from $158.89 billion in 2025 to $194.18 billion in 2026 at a compound annual growth rate (CAGR) of 22.2%. The growth during the historic period can be attributed to increasing adoption of industrial IoT devices, rising demand for wireless industrial connectivity, growing need for real-time operational monitoring, increasing deployment of connected industrial equipment, and expanding industrial automation applications.
The fifth-generation (5G) industrial internet of things (IoT) market size is expected to see exponential growth in the next few years. It will grow to $427.17 billion in 2030 at a compound annual growth rate (CAGR) of 21.8%. The growth during the forecast period can be attributed to increasing demand for low-latency industrial communication, rising deployment of private 5G networks, growing requirement for highly reliable industrial connectivity, increasing demand for real-time machine-to-machine communication, and expanding adoption of 5G-enabled predictive maintenance. Major trends in the forecast period include increasing adoption of private 5G industrial networks, rising demand for ultra-low-latency industrial connectivity, growing deployment of 5G-enabled industrial sensors, increasing need for reliable machine-to-machine communication, and expanding use of 5G connectivity for real-time industrial monitoring.
The rising adoption of Industry 4.0 and smart manufacturing technologies is expected to propel the growth of the fifth-generation (5G) industrial Internet of Things (IoT) market going forward. Industry 4.0 and smart manufacturing technologies refer to the integration of advanced digital technologies, automation, robotics, artificial intelligence, IoT, and data analytics to improve manufacturing efficiency, productivity, and operational intelligence. The rising adoption of Industry 4.0 and smart manufacturing technologies is driven by the need to improve operational efficiency, as advanced automation, industrial robotics, IoT, and AI optimize production processes, minimize downtime, and enhance productivity. The increasing adoption of Industry 4.0 and smart manufacturing technologies drives the fifth-generation (5G) Industrial Internet of Things (IoT) by enabling ultra-low-latency connectivity, real-time machine communication, and intelligent factory automation, thereby improving operational efficiency and productivity. For instance, in March 2024, according to Rockwell Automation, Inc., a US-based automation company, 95% of manufacturers were either using or evaluating smart manufacturing technology in 2024, up from 84% in 2023. Therefore, the rising adoption of Industry 4.0 and smart manufacturing technologies is driving the growth of the fifth-generation (5G) industrial Internet of Things (IoT) market.
Major companies operating in the fifth-generation (5G) industrial Internet of Things (IoT) market are focusing on developing advanced enterprise private 5G solutions to simplify network deployment, strengthen secure industrial connectivity, and support large-scale industrial IoT applications. Enterprise private 5G solutions are dedicated cellular networks that deliver reliable, low-latency, and secure wireless connectivity for industrial operations, enabling automation, real-time monitoring, and edge computing. For instance, in June 2024, Hewlett Packard Enterprise (HPE), a US-based information technology company, launched HPE Aruba Networking Enterprise Private 5G, an integrated private cellular networking solution designed to simplify the deployment and management of enterprise private 5G networks. The solution combines 4G and 5G core technology, small cell radios, cloud-native management, and automation to deliver secure, high-performance wireless connectivity across industrial environments. It supports Industrial Internet of Things (IoT), artificial intelligence (AI), and smart manufacturing applications by enabling reliable, scalable, and efficient network operations.
In June 2026, Epiroc, a Sweden-based industrial company, partnered with Ericsson to accelerate digital transformation. Through this partnership, Epiroc and Ericsson aim to accelerate the adoption of private LTE and 5G networks in the mining sector to enable autonomous operations, real-time data connectivity, enhanced worker safety, and improved operational efficiency. Ericsson is a Sweden-based telecommunications technology company that provides private 5G and LTE networks and industrial connectivity platforms.
Major companies operating in the fifth-generation (5G) industrial internet of things (IoT) market are Microsoft Corporation, Samsung Electronics Co Ltd, Amazon.com Inc, Huawei Technologies Co Ltd, Verizon Communications Inc, AT&T Inc, Siemens AG, International Business Machines Corporation, Cisco Systems Inc, Intel Corporation, Schneider Electric SE, Qualcomm Incorporated, Honeywell International Inc, ABB Ltd, Hewlett Packard Enterprise Company, Telefonaktiebolaget LM Ericsson, NEC Corporation, Nokia Corporation, ZTE Corporation, Rockwell Automation Inc, Keysight Technologies Inc, Advantech Co Ltd, Quectel Wireless Solutions Co Ltd, Fibocom Wireless Inc, Telit Cinterion BR SA
North America was the dominating region in the fifth-generation (5G) industrial internet of things (IoT) market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the fifth-generation (5G) industrial internet of things (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 fifth-generation (5G) industrial internet of things (IoT) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The fifth-generation (5G) industrial Internet of Things (IoT) market consists of revenues earned by entities by providing services such as network orchestration services, digital transformation services, and training and implementation services. The market value includes the value of related goods sold by the service provider or included within the service offering. The fifth-generation (5G) industrial Internet of Things (IoT) market also includes sales of industrial control cabinets, machine controllers, and industrial power supplies. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
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.
Fifth-Generation (5G) Industrial Internet Of Things (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 fifth-generation (5g) industrial internet of things (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.
Where is the largest and fastest growing market for fifth-generation (5g) industrial internet of things (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 fifth-generation (5g) industrial internet of things (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.
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