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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

Published Date : 15-Oct-2024

Pages: 154

Formats: PDF

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).

North America 5G Internet of Things Market

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.

Free Valuable Insights: The 5G Internet of Things Market is Predict to reach USD 474.4 Billion by 2031, at a CAGR of 69.3%

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
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
TABLE 1 North America 5G Internet of Things Market, 2020 - 2023, USD Million
TABLE 2 North America 5G Internet of Things Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– 5G Internet of Things Market
TABLE 4 Product Launches And Product Expansions– 5G Internet of Things Market
TABLE 5 Acquisition and Mergers– 5G Internet of Things Market
TABLE 6 North America 5G Internet of Things Market by Offering, 2020 - 2023, USD Million
TABLE 7 North America 5G Internet of Things Market by Offering, 2024 - 2031, USD Million
TABLE 8 North America Solutions Market by Region, 2020 - 2023, USD Million
TABLE 9 North America Solutions Market by Region, 2024 - 2031, USD Million
TABLE 10 North America 5G Internet of Things Market by Solutions Type, 2020 - 2023, USD Million
TABLE 11 North America 5G Internet of Things Market by Solutions Type, 2024 - 2031, USD Million
TABLE 12 North America Hardware Market by Region, 2020 - 2023, USD Million
TABLE 13 North America Hardware Market by Region, 2024 - 2031, USD Million
TABLE 14 North America Software & Platform Market by Region, 2020 - 2023, USD Million
TABLE 15 North America Software & Platform Market by Region, 2024 - 2031, USD Million
TABLE 16 North America Services Market by Region, 2020 - 2023, USD Million
TABLE 17 North America Services Market by Region, 2024 - 2031, USD Million
TABLE 18 North America 5G Internet of Things Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 19 North America 5G Internet of Things Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 20 North America Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 21 North America Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 22 North America Small & Medium Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Small & Medium Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 24 North America 5G Internet of Things Market by Network Type, 2020 - 2023, USD Million
TABLE 25 North America 5G Internet of Things Market by Network Type, 2024 - 2031, USD Million
TABLE 26 North America 5G Non-Standalone Market by Country, 2020 - 2023, USD Million
TABLE 27 North America 5G Non-Standalone Market by Country, 2024 - 2031, USD Million
TABLE 28 North America 5G Standalone Market by Country, 2020 - 2023, USD Million
TABLE 29 North America 5G Standalone Market by Country, 2024 - 2031, USD Million
TABLE 30 North America 5G Internet of Things Market by End User, 2020 - 2023, USD Million
TABLE 31 North America 5G Internet of Things Market by End User, 2024 - 2031, USD Million
TABLE 32 North America Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 33 North America Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 34 North America Energy & Utilities Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Energy & Utilities Market by Country, 2024 - 2031, USD Million
TABLE 36 North America Transportation & Logistics Market by Country, 2020 - 2023, USD Million
TABLE 37 North America Transportation & Logistics Market by Country, 2024 - 2031, USD Million
TABLE 38 North America Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 39 North America Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 40 North America Agriculture Market by Country, 2020 - 2023, USD Million
TABLE 41 North America Agriculture Market by Country, 2024 - 2031, USD Million
TABLE 42 North America Government & Public Safety Market by Country, 2020 - 2023, USD Million
TABLE 43 North America Government & Public Safety Market by Country, 2024 - 2031, USD Million
TABLE 44 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 45 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 46 North America 5G Internet of Things Market by Country, 2020 - 2023, USD Million
TABLE 47 North America 5G Internet of Things Market by Country, 2024 - 2031, USD Million
TABLE 48 US 5G Internet of Things Market, 2020 - 2023, USD Million
TABLE 49 US 5G Internet of Things Market, 2024 - 2031, USD Million
TABLE 50 US 5G Internet of Things Market by Offering, 2020 - 2023, USD Million
TABLE 51 US 5G Internet of Things Market by Offering, 2024 - 2031, USD Million
TABLE 52 US 5G Internet of Things Market by Solutions Type, 2020 - 2023, USD Million
TABLE 53 US 5G Internet of Things Market by Solutions Type, 2024 - 2031, USD Million
TABLE 54 US 5G Internet of Things Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 55 US 5G Internet of Things Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 56 US 5G Internet of Things Market by Network Type, 2020 - 2023, USD Million
TABLE 57 US 5G Internet of Things Market by Network Type, 2024 - 2031, USD Million
TABLE 58 US 5G Internet of Things Market by End User, 2020 - 2023, USD Million
TABLE 59 US 5G Internet of Things Market by End User, 2024 - 2031, USD Million
TABLE 60 Canada 5G Internet of Things Market, 2020 - 2023, USD Million
TABLE 61 Canada 5G Internet of Things Market, 2024 - 2031, USD Million
TABLE 62 Canada 5G Internet of Things Market by Offering, 2020 - 2023, USD Million
TABLE 63 Canada 5G Internet of Things Market by Offering, 2024 - 2031, USD Million
TABLE 64 Canada 5G Internet of Things Market by Solutions Type, 2020 - 2023, USD Million
TABLE 65 Canada 5G Internet of Things Market by Solutions Type, 2024 - 2031, USD Million
TABLE 66 Canada 5G Internet of Things Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 67 Canada 5G Internet of Things Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 68 Canada 5G Internet of Things Market by Network Type, 2020 - 2023, USD Million
TABLE 69 Canada 5G Internet of Things Market by Network Type, 2024 - 2031, USD Million
TABLE 70 Canada 5G Internet of Things Market by End User, 2020 - 2023, USD Million
TABLE 71 Canada 5G Internet of Things Market by End User, 2024 - 2031, USD Million
TABLE 72 Mexico 5G Internet of Things Market, 2020 - 2023, USD Million
TABLE 73 Mexico 5G Internet of Things Market, 2024 - 2031, USD Million
TABLE 74 Mexico 5G Internet of Things Market by Offering, 2020 - 2023, USD Million
TABLE 75 Mexico 5G Internet of Things Market by Offering, 2024 - 2031, USD Million
TABLE 76 Mexico 5G Internet of Things Market by Solutions Type, 2020 - 2023, USD Million
TABLE 77 Mexico 5G Internet of Things Market by Solutions Type, 2024 - 2031, USD Million
TABLE 78 Mexico 5G Internet of Things Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 79 Mexico 5G Internet of Things Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 80 Mexico 5G Internet of Things Market by Network Type, 2020 - 2023, USD Million
TABLE 81 Mexico 5G Internet of Things Market by Network Type, 2024 - 2031, USD Million
TABLE 82 Mexico 5G Internet of Things Market by End User, 2020 - 2023, USD Million
TABLE 83 Mexico 5G Internet of Things Market by End User, 2024 - 2031, USD Million
TABLE 84 Rest of North America 5G Internet of Things Market, 2020 - 2023, USD Million
TABLE 85 Rest of North America 5G Internet of Things Market, 2024 - 2031, USD Million
TABLE 86 Rest of North America 5G Internet of Things Market by Offering, 2020 - 2023, USD Million
TABLE 87 Rest of North America 5G Internet of Things Market by Offering, 2024 - 2031, USD Million
TABLE 88 Rest of North America 5G Internet of Things Market by Solutions Type, 2020 - 2023, USD Million
TABLE 89 Rest of North America 5G Internet of Things Market by Solutions Type, 2024 - 2031, USD Million
TABLE 90 Rest of North America 5G Internet of Things Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 91 Rest of North America 5G Internet of Things Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 92 Rest of North America 5G Internet of Things Market by Network Type, 2020 - 2023, USD Million
TABLE 93 Rest of North America 5G Internet of Things Market by Network Type, 2024 - 2031, USD Million
TABLE 94 Rest of North America 5G Internet of Things Market by End User, 2020 - 2023, USD Million
TABLE 95 Rest of North America 5G Internet of Things Market by End User, 2024 - 2031, USD Million
TABLE 96 key information – Ericsson AB
TABLE 97 Key Information – Nokia Corporation
TABLE 98 Key Information – ZTE Corporation
TABLE 99 Key Information – IBM Corporation
TABLE 100 Key Information – Huawei Technologies Co., Ltd.
TABLE 101 key information – Verizon Communications, Inc.
TABLE 102 Key Information – Microsoft Corporation
TABLE 103 Key Information – Qualcomm Incorporated
TABLE 104 Key Information – Siemens AG
TABLE 105 Key Information – Thales Group S.A.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America 5G Internet of Things Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting 5G Internet of Things Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jul – 2024, Sep) Leading Players
FIG 8 Porter’s Five Forces Analysis – 5G Internet of Things Market
FIG 9 North America 5G Internet of Things Market share by Offering, 2023
FIG 10 North America 5G Internet of Things Market share by Offering, 2031
FIG 11 North America 5G Internet of Things Market by Offering, 2020 - 2031, USD Million
FIG 12 North America 5G Internet of Things Market share by Enterprise Size, 2023
FIG 13 North America 5G Internet of Things Market share by Enterprise Size, 2031
FIG 14 North America 5G Internet of Things Market by Enterprise Size, 2020 - 2031, USD Million
FIG 15 North America 5G Internet of Things Market share by Network Type, 2023
FIG 16 North America 5G Internet of Things Market share by Network Type, 2031
FIG 17 North America 5G Internet of Things Market by Network Type, 2020 - 2031, USD Million
FIG 18 North America 5G Internet of Things Market share by End User, 2023
FIG 19 North America 5G Internet of Things Market share by End User, 2031
FIG 20 North America 5G Internet of Things Market by End User, 2020 - 2031, USD Million
FIG 21 North America 5G Internet of Things Market share by Country, 2023
FIG 22 North America 5G Internet of Things Market share by Country, 2031
FIG 23 North America 5G Internet of Things Market by Country, 2020 - 2031, USD Million
FIG 24 Recent strategies and developments: Ericsson AB
FIG 25 SWOT Analysis: Ericsson AB
FIG 26 SWOT Analysis: Nokia Corporation
FIG 27 Swot Analysis: ZTE Corporation
FIG 28 Recent strategies and developments: IBM Corporation
FIG 29 SWOT Analysis: IBM Corporation
FIG 30 SWOT Analysis: Huawei Technologies Co., Ltd.
FIG 31 Recent strategies and developments: Verizon Communications, Inc.
FIG 32 SWOT Analysis: Verizon Communications, Inc.
FIG 33 Recent strategies and developments: Microsoft Corporation
FIG 34 SWOT Analysis: Microsoft Corporation
FIG 35 Recent strategies and developments: Qualcomm, Inc.
FIG 36 SWOT Analysis: QUALCOMM Incorporated
FIG 37 Recent strategies and developments: Siemens AG
FIG 38 SWOT Analysis: Siemens AG
FIG 39 SWOT Analysis: Thales Group S.A.

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