5G IoT Endpoint Market Share

On the basis of regional analysis, the 5G IoT endpoint market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

North America industry is expected to hold largest revenue share by 2036, on account of presence of leading players in the region. Furthermore, market in Europe is anticipated to gain significant market share in the upcoming years. Additionally, increasing number of connected IoT devices owing to huge rise in wireless connectivity in this region further promotes 5G IoT endpoint market. The market in Asia Pacific region is predicted to grow at the highest rate during the forecast period on account of huge support and interest taken by governments in this region to initiate several smart infrastructure projects such as smart cities. In addition, market for 5G IoT endpoint carries enormous potential, especially in countries such as India, Japan, China, Korea, Malaysia and governments which further raise the demand for 5G IoT endpoint.