May 12, 2021

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5G IoT market size to reach $40.2 billion by 2026

The 5G IoT market size is projected to grow from $2.6 billion in 2021 to $40.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 73.0% during the forecast period, according to MarketsandMarkets. 5G networks support high bandwidth, low latency, and massive device volumes with high mobility and low bandwidth, and low-power device estates across a wide range of technologies, including 4G/5G, satellite and Wi-Fi, and low-mid-high spectrum bands. The 5G networks deliver … More

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