5G IoT Market | Exactitude Consultancy Reports

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5G IOT Market by Radio Technology (5G NR Standalone Architecture and 5G NR Non- Standalone Architecture), by Range (Short Range IOT Devices and Wide Range IOT Devices), by Vertical (Manufacturing, Energy & Utilities, Government, Healthcare, Transportation & Logistics, Mining) and Region, Global trends and forecast from 2023 to 2029

The 5G IOT market is expected to grow at 52% CAGR from 2022 to 2029. It is expected to reach above USD 51.97 Billion by 2029 from USD 1.2 Billion in 2020.

Segment Analysis
The 5G IOT Market is segmented based on Radio Technology, Range, Vertical and Region, Global trends and forecast.

by Radio Technology (5G NR Standalone Architecture and 5G NR Non- Standalone Architecture), by Range (Short Range IOT Devices and Wide Range IOT Devices), by Vertical (Manufacturing, Energy & Utilities, Government, Healthcare, Transportation & Logistics, Mining) and Region

The global market is divided into 5G NR standalone architecture and 5G NR non-standalone architecture based on radio technology. Due to its cutting-edge features and extensive variety of functionalities, the stand-alone architecture sector is predicted to have the greatest market share globally in 2020. Additionally, it offers a number of built-in features like virtualization, ultra-low latency, network slicing, support for multiple Gbps, and control and user plane separation (CUPS)

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