5G IoT Endpoint Segmentation
Radio Technology (5G New Radio Standalone Architecture, 5G New Radio Non-Standalone Architecture)
The 5G new radio standalone (SA) architecture segment in 5G IoT endpoint market is poised to hold a leading revenue share of 65.4% throughout the forecast timeline. A major driver of the segment is the architecture’s ability to harness the full potential of 5G, by effectively offering network slicing, low-latency, and reliance connectivity. The segment’s deployment rates are poised to be favorably impact by the rise of autonomous vehicles and smart cities. Additionally, the application potential is rife in industrial IoT application. By the end of 2037, the expansion of 5G infrastructure is expected to catalyze new business models, such as network-as-a-service (NaaS) models.
Application (Transportation & Logistics, Security, Energy, Manufacturing, Healthcare, Government)
The transportation & logistics segment is projected to register a revenue share of 28.2% throughout the forecast timeline. A major factor propelling the growth is the rising adoption of 5G-enabled IoT devices to improve fleet management and route optimization. 5G and IoT devices have simplified the advent of automated warehouses benefiting the broader logistics industry. In terms of measurable impact of the rising application on the transportation and logistics segment, major companies such as DHL have reported improvements in delivery times by over 20% due to the real-time tracking systems powered by 5G. These advancements are slated to ensure a greater opportunity of deployment within the transportation and logistics sector by the end of 2037.
Our in-depth analysis of the global 5G IoT endpoint market includes the following segments:
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Radio Technology |
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