5G IoT Market (2021- 2026) Smart Infrastructure Presents Opportunities

5G IoT Market is expected to from by 73.0% by the Year of 2026.

April 21, 2021 – Dublin, April 21, 2021 (GLOBE NEWSWIRE) — The “5G IoT Market by Component (Hardware, Platform, Connectivity, and Services (Professional and Managed)), Network Type, End User (Manufacturing, Healthcare, Energy and Utilities, and Automotive and Transportation), and Region – Global Forecast to 2026” report has been added to 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.

Read more at source | Globenewswire