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North America 5G Internet of Things Market Size, Share & Trends Analysis Report By Offering, By Enterprise Size (Large Enterprises and Small & Medium Enterprises), By Network Type, By End User, By Country and Growth Forecast, 2024 - 2031

Publisher Knowledge Based Value (KBV) Research
Published Oct 10, 2024
Length 154 Pages
SKU # KBV19259398

Description

North America 5G Internet of Things Market Size, Share & Trends Analysis Report By Offering, By Enterprise Size (Large Enterprises and Small & Medium Enterprises), By Network Type, By End User, By Country and Growth Forecast, 2024 - 2031


The North America 5G Internet of Things Market would witness market growth of 68.3% CAGR during the forecast period (2024-2031).

The US market dominated the North America 5G Internet of Things Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $104,773.7 million by 2031. The Canada market is experiencing a CAGR of 70.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 70% during (2024 - 2031).

Industrial 5G technology is poised to facilitate various applications that enhance operational efficiency and drive innovation. Industrial 5G enables the creation of digital twins—virtual replicas of physical assets or processes. Organizations can simulate performance, test scenarios, and optimize operations by connecting real-time data from sensors to digital models. Digital twins facilitate predictive analytics, allowing companies to foresee potential failures and optimize maintenance schedules, significantly enhancing operational efficiency.

Also, industrial 5G can revolutionize warehousing by enabling real-time inventory tracking and automated systems for sorting and packing. Using autonomous vehicles, drones, and robotic systems within smart warehouses optimizes space utilization and significantly reduces order processing times. Field service technicians can use Industrial 5G to access real-time data, videos, and remote assistance tools while working in the field.

The increasing adoption of connected devices across residential, commercial, and industrial sectors drives the rising demand for 5G IoT in Mexico. Through its "Programa de Conectividad Digital," the Mexican government aims to expand internet coverage and promote adopting IoT solutions, particularly in underserved regions. The introduction of 5G allows for enhanced connectivity for smart appliances, security systems, and wearable devices, making it easier for households and businesses to embrace digital transformation. Hence, the region will present lucrative growth opportunities for the market throughout the forecast period.

Based on Offering, the market is segmented into Solutions (Hardware and Software & Platform) and Services. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Network Type, the market is segmented into 5G Non-Standalone and 5G Standalone. Based on End User, the market is segmented into Manufacturing, Energy & Utilities, Transportation & Logistics, Healthcare, Agriculture, Government & Public Safety, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Nokia Corporation
  • Ericsson AB
  • ZTE Corporation
  • IBM Corporation
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Verizon Communications, Inc.
  • Microsoft Corporation
  • Qualcomm Incorporated (Qualcomm Technologies, Inc.)
  • Siemens AG
  • Thales Group S.A.
North America 5G Internet of Things Market Report Segmentation

By Offering
  • Solutions
  • Hardware
  • Software & Platform
  • Services
By Enterprise Size
  • Large Enterprises
  • Small & Medium Enterprises
By Network Type
  • 5G Non-Standalone
  • 5G Standalone
By End User
  • Manufacturing
  • Energy & Utilities
  • Transportation & Logistics
  • Healthcare
  • Agriculture
  • Government & Public Safety
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

154 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America 5G Internet of Things Market, by Offering
1.4.2 North America 5G Internet of Things Market, by Enterprise Size
1.4.3 North America 5G Internet of Things Market, by Network Type
1.4.4 North America 5G Internet of Things Market, by End User
1.4.5 North America 5G Internet of Things Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jul – 2024, Sep) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America 5G Internet of Things Market by Offering
5.1 North America Solutions Market by Region
5.2 North America 5G Internet of Things Market by Solutions Type
5.2.1 North America Hardware Market by Region
5.2.2 North America Software & Platform Market by Region
5.3 North America Services Market by Region
Chapter 6. North America 5G Internet of Things Market by Enterprise Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium Enterprises Market by Country
Chapter 7. North America 5G Internet of Things Market by Network Type
7.1 North America 5G Non-Standalone Market by Country
7.2 North America 5G Standalone Market by Country
Chapter 8. North America 5G Internet of Things Market by End User
8.1 North America Manufacturing Market by Country
8.2 North America Energy & Utilities Market by Country
8.3 North America Transportation & Logistics Market by Country
8.4 North America Healthcare Market by Country
8.5 North America Agriculture Market by Country
8.6 North America Government & Public Safety Market by Country
8.7 North America Others Market by Country
Chapter 9. North America 5G Internet of Things Market by Country
9.1 US 5G Internet of Things Market
9.1.1 US 5G Internet of Things Market by Offering
9.1.1.1 US 5G Internet of Things Market by Solutions Type
9.1.2 US 5G Internet of Things Market by Enterprise Size
9.1.3 US 5G Internet of Things Market by Network Type
9.1.4 US 5G Internet of Things Market by End User
9.2 Canada 5G Internet of Things Market
9.2.1 Canada 5G Internet of Things Market by Offering
9.2.1.1 Canada 5G Internet of Things Market by Solutions Type
9.2.2 Canada 5G Internet of Things Market by Enterprise Size
9.2.3 Canada 5G Internet of Things Market by Network Type
9.2.4 Canada 5G Internet of Things Market by End User
9.3 Mexico 5G Internet of Things Market
9.3.1 Mexico 5G Internet of Things Market by Offering
9.3.1.1 Mexico 5G Internet of Things Market by Solutions Type
9.3.2 Mexico 5G Internet of Things Market by Enterprise Size
9.3.3 Mexico 5G Internet of Things Market by Network Type
9.3.4 Mexico 5G Internet of Things Market by End User
9.4 Rest of North America 5G Internet of Things Market
9.4.1 Rest of North America 5G Internet of Things Market by Offering
9.4.1.1 Rest of North America 5G Internet of Things Market by Solutions Type
9.4.2 Rest of North America 5G Internet of Things Market by Enterprise Size
9.4.3 Rest of North America 5G Internet of Things Market by Network Type
9.4.4 Rest of North America 5G Internet of Things Market by End User
Chapter 10. Company Profiles
10.1 Ericsson AB
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 Nokia Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.6 SWOT Analysis
10.3 ZTE Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.6 SWOT Analysis
10.4 IBM Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional & Segmental Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.5.6 SWOT Analysis
10.6 Verizon Communications, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental Analysis
10.6.4 Recent strategies and developments:
10.6.4.1 Product Launches and Product Expansions:
10.6.4.2 Acquisition and Mergers:
10.6.5 SWOT Analysis
10.7 Microsoft Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.5.2 Product Launches and Product Expansions:
10.7.6 SWOT Analysis
10.8 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 Recent strategies and developments:
10.8.5.1 Product Launches and Product Expansions:
10.8.5.2 Acquisition and Mergers:
10.8.6 SWOT Analysis
10.9 Siemens AG
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.9.5.2 Product Launches and Product Expansions:
10.9.5.3 Acquisition and Mergers:
10.9.6 SWOT Analysis
10.10. Thales Group S.A.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 SWOT Analysis

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