The Internet of Everything (IoE) market will see tremendous growth in the market from 2025 to 2035. This growth is driven by the connecting devices, seamless connectivity and real-time data analytics. The sales of the market are expected to reach USD 6.5 billion by 2035. The CAGR of the market is 13.5% over the forecast period.

Country-Wise Outlook

Internet of Everything (IoE) Market size growing with CAGR of 15.2% in the prediction period and crosses USD 4,321.28 Bn in 2032 from USD 1,604.89 Bn in 2025

Snapshot img

Internet Of Things (IoT) Market Size 2024-2028

The internet of things (iot) market size is valued to increase USD 1554.5 billion, at a CAGR of 18.52% from 2023 to 2028. Technological developments in different platforms will drive the internet of things (iot) market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 37% growth during the forecast period.
By Application - Industrial segment was valued at USD 188.70 billion in 2022
By Technology - RFID segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 302.53 billion
Market Future Opportunities: USD 1554.50 billion
CAGR : 18.52%
APAC: Largest market in 2022

Market Summary

The market encompasses a vast and dynamic landscape of core technologies and applications, continually evolving to redefine the way we connect and interact with the world around US. IoT technologies, including wireless communication, cloud computing, and machine learning, are revolutionizing industries and transforming everyday life. According to a recent study, the global IoT market share in the industrial sector is projected to reach 22% by 2025. Core IoT applications span across industries, including healthcare, manufacturing, transportation, and agriculture, with wearables gaining significant traction for monitoring human health and environmental conditions. However, the market faces challenges such as the lack of awareness and efficient management of IoT initiatives and investments.
Technological developments in various platforms, including edge computing and 5G networks, are addressing these challenges and creating new opportunities. For instance, edge computing enables real-time data processing and analysis, while 5G networks offer faster connectivity and lower latency. These advancements are expected to drive the growth of the IoT market, with the adoption rate projected to reach 50 billion connected devices by 2030.

What will be the Size of the Internet Of Things (IoT) Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Internet Of Things (IoT) Market Segmented and what are the key trends of market segmentation?

The internet of things (iot) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Industrial
  Retail
  Healthcare
  ICT
  Others


Technology

  RFID
  Sensors
  NFC
  Cloud services
  Others


Geography

  North America

    US


  Europe

    France
    Germany
    Norway


  APAC

    China


  Rest of World (ROW)

By Application Insights

The industrial segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth, with an estimated 27.1% of businesses implementing IoT solutions as of 2021. This trend is expected to continue, with 30.9% of companies planning to adopt IoT technology in the near future. IoT technology enables device authentication, software-defined networking, and latency reduction, among other advancements, to streamline business operations and enhance productivity. Sensor networks, firmware updates, wireless communication, and hardware acceleration are integral components of IoT infrastructure. Machine learning algorithms, edge computing, remote device management, data visualization tools, and cybersecurity measures ensure data integrity and security. Real-time monitoring, bandwidth optimization, and device provisioning are essential for efficient IoT implementation.

Low-power wide-area networks and power consumption metrics are crucial for IoT devices, especially in industrial applications. Predictive maintenance, cloud computing platforms, data acquisition, system scalability, data analytics dashboards, and embedded systems are key features that enable businesses to gain valuable insights from IoT data. The IoT market faces challenges such as network security protocols, interoperability standards, and data encryption. However, these issues are being addressed through ongoing research and development efforts. IoT is transforming industries worldwide, from manufacturing and healthcare to transportation and agriculture, offering opportunities for innovation and growth.

Request Free Sample

The Industrial segment was valued at USD 188.70 billion in 2018 and showed a gradual increase during the forecast period.

Request Free Sample

Regional Analysis

APAC is estimated to contribute 37% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

See How Internet Of Things (IoT) Mar

The IoT Market Report is Segmented by Component (Hardware, Software, Services, and More), End-User Industry (Agriculture, Retail and E-Commerce, Energy and Utilities, and More), Application (Asset Tracking and Fleet Management, Predictive Maintenance, Smart Metering, and More), Deployment Model (Cloud, On-Premises, and More), and Geography

Internet of Everything Market Outlook

As per our latest research, the global Internet of Everything (IoE) market size reached USD 1.52 trillion in 2024, reflecting rapid adoption across sectors. The market is expected to expand at a robust CAGR of 14.7% from 2025 to 2033, projecting a value of USD 4.19 trillion by 2033. This impressive growth is primarily driven by the convergence of advanced connectivity technologies, increasing digital transformation initiatives, and the proliferation of connected devices across industries.

One of the most significant growth factors for the Internet of Everything market is the exponential increase in connected devices and sensors. With the rise of smart homes, industrial IoT, healthcare wearables, and connected vehicles, the number of devices generating, transmitting, and analyzing data is at an all-time high. This surge is fueled by advancements in sensor technology, reduced hardware costs, and the widespread adoption of cloud computing and edge processing. Enterprises and governments are harnessing these connected endpoints to drive automation, improve decision-making, and enable new business models, further accelerating the marketÂ’s expansion.

Another critical driver is the global push towards digital transformation and smart infrastructure. Governments and private organizations are investing heavily in smart city initiatives, intelligent transportation systems, and energy-efficient utilities, all of which rely on the interconnectedness provided by IoE. These initiatives leverage real-time data analytics, AI, and machine learning to optimize urban planning, reduce operational costs, and enhance citizen services. The integration of IoE in healthcare is also noteworthy, as it enables remote monitoring, telemedicine, and personalized patient care, leading to improved health outcomes and operational efficiencies.

The evolution of connectivity technologies such as 5G, Wi-Fi 6, and low-power wide-area networks (LPWAN) is further catalyzing the growth of the Internet of Everything market. These technologies offer higher bandwidth, lower latency, and greater reliability, making them ideal for supporting massive numbers of interconnected devices across diverse environments. As a result, industries like manufacturing, logistics, and retail are increasingly deploying IoE solutions to streamline operations, enhance supply chain visibility, and deliver personalized customer experiences. The ongoing advancements in cybersecurity and data privacy are also bolstering market confidence, encouraging broader adoption across regulated sectors.

The Consumer Internet of Things (IoT) is playing a pivotal role in the broader Internet of Everything ecosystem by transforming everyday life through smart, connected devices. From smart thermostats and voice-activated assistants to wearable fitness trackers and connected appliances, consumer IoT is enhancing convenience, efficiency, and personalization in homes and personal spaces. This segment is witnessing rapid growth due to increasing consumer demand for seamless integration of technology into daily routines. As the cost of sensors and connectivity continues to decrease, more consumers are adopting IoT solutions, driving innovation and competition among technology providers. The integration of AI and machine learning into consumer IoT devices is further enhancing their capabilities, enabling more intuitive and adaptive user experiences.

Regionally, North America remains at the forefront of IoE adoption, driven by significant investments in smart infrastructure, early adoption of advanced technologies, and a robust ecosystem of technology providers. However, Asia Pacific is rapidly emerging as a key growth engine, fueled by urbanization, industrialization, and government-led digital initiatives in countries like China, India, and Japan. Europe continues to make strides in smart city projects and industrial automation, while the Middle East and Africa are witnessing increased uptake in sectors such as energy and utilities. Latin America, although at a nascent stage, is showing promising growth potential with rising investments in digital transformation.

Internet of Things (IoT) Market size reached USD 365.2 billion in 2022 and is estimated to reach USD 1,213.9 billion in 2030 and the market is estimated to grow at a very high CAGR of 16.2% from 2023-2030.

The Global Internet of Things Market Size is estimated to reach over USD 2,295.57 Bn by 2032 from a value of USD 663.38 Bn in 2024 and is projected to grow by USD 763.19 Bn in 2025, growing at a CAGR of 19.1% from 2025 to 2032.

Internet of Things (IoT) Market By Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Platform, By Component, By Application, By Region, Competition Forecast and Opportunities

Market Research Intellect presents the Internet Of Everything Ioe Market Report-estimated at USD 1.4 trillion in 2024 and predicted to grow to USD 3.3 trillion by 2033, with a CAGR of 10.5% over the forecast period. Gain clarity on regional performance, future innovations, and major players worldwide.

The global internet of things market size was around USD 1.13 trillion in 2025 and is likely to expand at a CAGR of more than 16.8%, surpassing USD 5.34 trillion revenue by 2035, attributed to industrial automation and smart manufacturing.

Snapshot img

Internet Of Things Market In Retail Applications Size 2024-2028

The Internet of Things (IoT) market in retail applications size is forecast to increase by USD 71.2 billion at a CAGR of 22.8% between 2023 and 2028. The retail industry is experiencing significant transformation with the integration of the Internet of Things (IoT) technology. IoT applications in retail include interconnected devices for data-driven supply chain management, RFID technology for inventory tracking, and personalized shopping experiences through consumer behavior analysis. The retail landscape is shifting towards omnichannel retailing, requiring seamless interoperability between various systems. Data security is a critical concern in IoT retail applications, as sensitive customer and business information is at risk. Cloud-based RFID systems are becoming increasingly popular due to their ability to provide real-time data and improve operational efficiency. artificial intelligence (AI) and augmented reality (AR) are also gaining traction in retail stores, enhancing the shopping experience and enabling smart payment solutions. However, challenges persist, including ensuring interoperability between different IoT devices and systems, addressing data security concerns, and implementing standardized protocols for data exchange. Retailers must stay informed of these trends and challenges to remain competitive and provide innovative solutions for their customers.

What will be the Size of the Market During the Forecast Period?

Request Free Sample

The Internet of Things (IoT) is revolutionizing the retail industry by enabling interconnected devices to collect, analyze, and act on data in real-time. This transformation is leading to operational efficiencies, enhanced customer engagement, and personalized shopping experiences. IoT applications in retail span various areas, including inventory optimization, customer management, and omnichannel integration. By deploying smart shelves, retailers can monitor stock levels and automatically reorder items when necessary, reducing the risk of stockouts and overstocks. IoT-enabled customer management systems allow retailers to gather real-time data on customer behavior, enabling personalized marketing and promotions.

Moreover, omnichannel retailing is another key area where IoT is making a significant impact. Contactless shopping solutions, such as mobile wallets and contactless payments, provide a seamless shopping experience for customers across multiple channels. IoT-enabled point of sale (POS) systems enable real-time data exchange between online and offline channels, ensuring a consistent shopping experience for customers. Data analytics is at the heart of IoT applications in retail. Predictive analytics and machine learning algorithms help retailers anticipate customer demand, optimize pricing, and improve customer experience. Real-time data from IoT sensors can also be used to optimize store layouts, reduce energy consumption, and prevent retail theft.

Furthermore, smart stores are another emerging trend in retail, where IoT technologies are used to automate various store operations. Autonomous cleaning robots, for instance, can help maintain cleanliness and hygiene levels in stores, while beacons can provide location-based advertising and marketing to customers. Cloud technology plays a crucial role in enabling IoT applications in retail. It provides the necessary infrastructure for data storage, processing, and analysis, enabling retailers to gain insights from the vast amounts of data generated by IoT devices. In conclusion, the IoT is transforming the retail industry by enabling real-time data exchange, automation, and personalization.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Technology

  RFID
  Sensors
  NFC
  Cloud services
  Others


Geography

  APAC

    China
    Japan


  North America

    US


  Europe

    Germany
    UK


  Middle East and Africa



  South America

By Technology Insights

The RFID segment is estimated to witness significant growth during the forecast period. The market has seen significant growth in 2023, with RFID technology leading the way. Retailers are increasingly adopting RFID tags to enhance inventory management and improve supply chain efficiency. By providing real-time inventory visibility, RFID enables automated replenishment and helps retailers meet consumer demands. The maturing RFID ecosystem and price reduction have made item-level merchandise tracking a reality, leading to optimized inventory operations. The implementation of analytics software and the use of RFID-equipped cameras for video analytics by major retailers are further driving the dema

The Emea Internet Of Things Market size is expected to reach a valuation of USD 2349.51 billion in 2033 growing at a CAGR of 30.20%. The Emea Internet Of Things market research report classifies market by share, trend, demand, forecast and based on segmentation.

The global IoT market size attained a value of about USD 2.18 Trillion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 15.90% to reach nearly USD 9.53 Trillion by 2034.

Snapshot img

Industrial Internet Of Things (IoT) Market Size 2025-2029

The industrial internet of things (IoT) market size is valued to increase USD 195.8 billion, at a CAGR of 14.8% from 2024 to 2029. Growth in industrial automation will drive the Industrial Internet of Things (IoT) market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 43% growth during the forecast period.
By End-user - Manufacturing segment was valued at USD 28.50 billion in 2023
By Component - Hardware segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 262.15 billion
Market Future Opportunities: USD 195.80 billion
CAGR : 14.8%
APAC: Largest market in 2023

Market Summary

The market encompasses a dynamic and continuously evolving landscape, driven by the integration of core technologies such as artificial intelligence, machine learning, and advanced sensors into industrial processes. IoT applications span various sectors, including manufacturing, transportation, energy, and healthcare, with a growing emphasis on improving operational efficiency and productivity. According to recent studies, the industrial automation segment is expected to dominate the market, accounting for over 40% of the total IoT spending. The evolving global device manager market is another significant factor, with an increasing number of organizations recognizing the need for efficient management of their IoT initiatives and investments.
However, the market faces challenges, such as the lack of awareness and understanding of IoT technologies among businesses and the need for robust security measures to protect against cyber threats. Despite these challenges, opportunities abound, including the potential for predictive maintenance, real-time data analysis, and enhanced supply chain visibility. With the increasing adoption of IoT technologies, the market is poised for significant growth, offering numerous benefits to businesses across industries.

What will be the Size of the Industrial Internet Of Things (IoT) Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Industrial Internet Of Things (IoT) Market Segmented and what are the key trends of market segmentation?

The industrial internet of things (IoT) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Manufacturing
  Automotive and transportation
  Energy and utilities
  Healthcare
  Others


Component

  Hardware
  Software
  Services
  Platforms


Connectivity

  Wired
  Wireless


Deployment

  On-cloud
  On-premises


Organization Size

  Large Enterprises
  Small and Medium Enterprises (SMEs)


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By End-user Insights

The manufacturing segment is estimated to witness significant growth during the forecast period.

In the dynamic and evolving market, data visualization dashboards play a pivotal role in making informed business decisions. IoT sensors are integrated into various industries, including machinery, food and beverage, chemicals and materials, and electrical and electronics, to monitor equipment performance and optimize processes. High-performance computing and distributed ledger technology facilitate real-time data processing and secure transactions. Operational efficiency improvements are achieved through the implementation of manufacturing execution systems, software-defined networking, and data acquisition systems. Time series databases and edge computing devices enable sensor data fusion, while cloud computing platforms offer scalability and flexibility. Anomaly detection methods and network security protocols ensure data security and privacy.

Remote monitoring systems and digital twin technology provide insights into industrial processes, enabling predictive maintenance models and process optimization techniques. Industrial control systems and energy management systems are enhanced through IoT integration, leading to significant energy savings. Low-power wide-area networks facilitate seamless connectivity, while machine learning algorithms and real-time data processing optimize performance and reduce downtime. Despite the numerous benefits, cybersecurity threats pose a challenge to IoT adoption. Data stream mining and big data analytics help businesses gain valuable insights from the vast amounts of data generated by IoT devices. System integration services ensure seamless implementation of IoT solutions, while smart factory impl

Internet Of Things (IoT) Market size was valued at USD 8,01,850.00 Million in 2024 and is expected to reach USD 30,71,152.93 Million by 2032, growing at a CAGR of 18.47% from 2026 to 2032.Global Internet Of Things (IoT) Market Executive SummaryThe Internet of Things (IoT) refers to a vast network of interconnected physical devices embedded with sensors, software, and other technologies that enable them to collect, transmit, and exchange data over the internet or other communication networks. These smart devices can include anything from industrial equipment and home appliances to wearables, vehicles, and infrastructure systems. The core objective of IoT is to enable real-time monitoring, control, and automation across a wide array of applications and industries.

[404 pages Report] The global Internet of Things (IoT) Security Product market is estimated to grow from USD 12 Billion in 2017 to USD 48 Billion by 2027, expanding at a CAGR of 14.9% from 2017 to 2027.

Industrial Internet of Things (IoT) Market Outlook

The Industrial Internet of Things (IoT) market size is projected to grow from $263 billion in 2023 to an impressive $1,110 billion by 2032, reflecting a compound annual growth rate (CAGR) of 17.3%. This robust growth trajectory can be attributed to several key factors, including technological advancements, the increasing availability of affordable sensors, and the widespread adoption of smart manufacturing solutions. The integration of IoT technologies in industrial settings is transforming operations, enabling real-time data collection and analysis, and facilitating predictive maintenance, thus significantly reducing downtime and operational costs. Additionally, the push for enhanced operational efficiencies, coupled with the demand for real-time monitoring and control, is driving the market forward.

One of the major growth drivers in the Industrial IoT market is the technological evolution in sensor and network technologies. The decreasing costs of sensors and connectivity solutions have made IoT implementations more financially feasible for industries across the board. As sensors become more advanced and capable of capturing high-quality data, industries are increasingly relying on IoT to gather insights and enhance decision-making processes. Furthermore, advancements in big data analytics and cloud computing capabilities allow for the meaningful processing and storage of the vast amounts of data generated by IoT devices, facilitating real-time analytics and predictive maintenance, which are inherently transforming industrial operations and efficiencies.

Another significant factor propelling the market is the increasing demand for smart manufacturing practices. Industries are moving towards digital transformation to remain competitive and meet the demands of globalization. Smart manufacturing, powered by IoT devices and solutions, enables factories to operate with greater efficiency, flexibility, and intelligence. IoT connects machines, systems, and humans, allowing for seamless communication and collaboration. This connectivity is crucial for implementing smart manufacturing processes, such as just-in-time production and agile manufacturing, which not only cut costs but also enhance the quality and customization of products. These capabilities are persuading industries to adopt IoT as a strategic tool for boosting operational performance.

Moreover, government initiatives and policies aimed at encouraging the adoption of innovative technologies in industrial sectors are also instrumental in driving the IoT market. Numerous governments across the globe are investing heavily in IoT infrastructure and offering incentives to companies that adopt IoT solutions. For example, initiatives like Industry 4.0 in Germany and Made in China 2025 emphasize the use of IoT technologies to modernize manufacturing processes. These governmental efforts are creating a conducive environment for the growth of the Industrial IoT market by encouraging technological adoption and fostering innovation across industries.

In terms of regional outlook, North America currently leads the industrial IoT market, with a significant share attributed to the presence of major industry players and high adoption rates across various sectors. The region's strong foothold is further supported by significant investments in research and development, as well as government support for IoT adoption. Meanwhile, the Asia Pacific region is expected to witness the highest growth rate over the forecast period, driven by rapid industrialization, the proliferation of smart factories, and favorable government initiatives. Countries like China, Japan, and India are at the forefront of this growth, as they increasingly leverage IoT solutions to enhance their manufacturing capabilities and improve overall industrial productivity.

The concept of an Open IoT Platform is gaining traction as industries seek more flexible and scalable solutions to manage their IoT ecosystems. An Open IoT Platform provides a unified framework that enables seamless integration of various IoT devices, applications, and services. This approach not only enhances interoperability but also allows organizations to customize their IoT solutions to meet specific business needs. By leveraging open standards and APIs, companies can avoid vendor lock-in and ensure that their IoT systems can evolve with technological advancements. The adoption of Open IoT Platforms is expected to accelerate as businesses recognize the benefits of a more collaborative and adaptab

Global Internet of Things (IoT) Analytics Market size valued at US$ 582.34 Billion in 2023, set to reach US$ 3,138.01 Billion by 2032 at a CAGR of 20.58%.

In 2022, the Internet of Things (IoT) market hit USD 541.72 billion and is expected to reach USD 2412.93 billion by 2030, indicating significant growth.

Snapshot img

5G Internet Of Things (IoT) Market Size 2024-2028

The 5g internet of things (iot) market size is valued to increase USD 253.28 billion, at a CAGR of 140.31% from 2023 to 2028. Rising adoption of 5G will drive the 5g internet of things (iot) market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 89% growth during the forecast period.
By Type - 5G non-standalone (SA) segment was valued at USD 2.01 billion in 2021
By Component - Hardware segment accounted for the largest market revenue share in 2021

Market Size & Forecast

Market Opportunities: USD 12.00 million
Market Future Opportunities: USD 253279.30 million
CAGR : 140.31%

Market Summary

The market is experiencing significant growth and transformation, driven by the increasing adoption of 5G technology in various industries. According to recent studies, the global 5G IoT market is projected to reach a staggering 55% of the total IoT market share by 2025. This surge is primarily due to the low latency, high bandwidth, and increased connectivity offered by 5G, enabling advanced applications in sectors like industrial automation, healthcare, and transportation. However, the high cost of 5G installation remains a major challenge for market expansion.
Regulations and standards are also evolving to accommodate the unique requirements of 5G IoT, with organizations like the International Telecommunication Union (ITU) leading the way. As the market continues to unfold, opportunities in areas like edge computing, artificial intelligence, and the Internet of Everything (IoE) are emerging, offering significant potential for innovation and growth.

What will be the Size of the 5G Internet Of Things (IoT) Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the 5G Internet Of Things (IoT) Market Segmented and what are the key trends of market segmentation?

The 5g internet of things (iot) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2021-2022 for the following segments.

Type

  5G non-standalone (SA)
  5G standalone (SA)


Component

  Hardware
  Services
  Platform
  Connectivity


Geography

  North America

    US


  Europe

    Spain
    UK


  APAC

    China
    South Korea


  Rest of World (ROW)

By Type Insights

The 5g non-standalone (sa) segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth as industries increasingly adopt advanced technologies to enhance their operations. According to recent reports, the market for 5G IoT devices is projected to expand by 30% in the next year, fueled by the rollout of autonomous vehicles and the automation of power generation and distribution in the energy and utilities sector. This expansion is driven by the demand for high-speed data transmission and real-time analytics, which are essential for optimizing processes and improving efficiency. Software-defined networking and cloud infrastructure scaling are critical components of 5G IoT systems, enabling seamless communication between devices and reducing latency.

Millimeter wave spectrum and network function virtualization are also key technologies, enabling massive MIMO antennas and network slicing for increased network capacity and power consumption efficiency. Security is a top priority in the 5G IoT market, with breach detection and data encryption methods being crucial for protecting sensitive information. Packet loss rates and signal interference reduction are also important considerations, as they can impact the reliability and performance of IoT networks. Application enablement platforms and remote firmware updates are essential for managing and maintaining IoT devices, while edge computing deployment and real-time analytics enable faster decision-making and predictive maintenance.

However, network security threats remain a significant challenge, requiring ongoing efforts to ensure the security and privacy of IoT data. 5G NR deployments are ongoing, with remote device monitoring and bandwidth optimization becoming increasingly important for maximizing network performance. The market is expected to grow further, with industry experts projecting a 45% increase in 5G IoT device shipments over the next five years. These trends underscore the continuous evolution of the 5G IoT market and its applications across various sectors.

Request Free Sample

The 5G non-standalone (SA) segment was valued at USD 2.01 billion in 2021 and showed a gradual increase during the forecast period.

Request Free Sample

Regional Analysis

APAC is estimated to contribute 89% to the growth of the global market during the forecast period.Technavio's analysts have