The Worldwide 5G IoT Industry is Expected to Grow to $40.2 Billion by 2026 at a CAGR of 73% from 2021
Share this article Share this article ResearchAndMarkets.com's offering. The global 5G IoT market size is projected to grow from USD 2.6 billion in 2021 to USD 40.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 73.0% during the forecast period. The growth of this market can be attributed to the growing demand for new emerging use cases, such as smart grid, telemedicine, connected cars, and industrial automation. The managed services segment is expected to grow at the highest CAGR during the forecast period Managed services in the 5G IoT market outsource a complete network or a p...
Source: prnewswire.com