North America 5g Internet Of Things (iot) Market Size & Outlook
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North America 5g internet of things (iot) market highlights
- The North America 5g internet of things (iot) market generated a revenue of USD 1,782.9 million in 2024.
- The market is expected to grow at a CAGR of 49.3% from 2025 to 2030.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 1,782.9 million |
| Market revenue in 2030 | USD 19,752.0 million |
| Growth rate | 49.3% (CAGR from 2025 to 2030) |
| Historical data covered | 2020 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | |
| Key market players worldwide | Nokia Oyj, Telefonaktiebolaget L M Ericsson ADR, ZTE Corp Class H, AT&T, Huawei Technologies, Verizon Communications Inc, Thales Group, Vodafone Group PLC, China Mobile, Microsoft Corp |
Other key industry trends
- In terms of revenue, North America region accounted for 23.1% of the global 5g internet of things (iot) market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 37,030.4 million by 2030.
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5G Internet Of Things (IoT) Market Scope
5G Internet Of Things (IoT) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| China Mobile | View profile | 10001+ | Hong Kong, Hong Kong Island, Hong Kong, Asia | http://www.chinamobileltd.com |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.com |
| AT&T | View profile | 10001+ | Dallas, Texas, United States, North America | https://www.att.com |
| Vodafone Group PLC | View profile | 85225 | Vodafone House, The Connection, Newbury, Berkshire, United Kingdom, RG14 2FN | https://www.vodafone.com |
| Verizon Communications Inc | View profile | 105400 | 1095 Avenue of the Americas, New York, NY, United States, 10036 | https://www.verizon.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| ZTE Corp Class H | View profile | 72093 | ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, China, People's Republic of, 518057 | https://www.zte.com.cn |
| Nokia Oyj | View profile | 86700 | Karakaari 7, Espoo, Finland, FI-02610 | https://www.nokia.com |
| Telefonaktiebolaget L M Ericsson ADR | View profile | 99952 | Torshamnsgatan 21, Kista, Stockholm, Sweden, SE-164 83 | https://www.ericsson.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
North America 5g internet of things (iot) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 5g internet of things (iot) market will help companies and investors design strategic landscapes.
North America is expected to witness significant growth over the forecast period. Increasing 5G infrastructure investments are a key component fueling the region's expansion. Considerable investments are made in 5G infrastructure, including installing fiber-optic cables and other network elements.
Moreover, the regional governments are encouraging the use of 5G technology through various programs and laws designed to enhance the network infrastructure. These elements promote the region's progress throughout the study period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America 5g internet of things (iot) market , including forecasts for subscribers. This continent databook contains high-level insights into North America 5g internet of things (iot) market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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North America 5g internet of things (iot) market size, by country, 2020-2030 (US$M)
North America 5G Internet Of Things (IoT) Market Outlook Share, 2024 & 2030 (US$M)
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