U.S. 5g Internet Of Things (iot) Market Size & Outlook

The 5g internet of things (iot) market in the United States is expected to reach a projected revenue of US$ 15,987.0 million by 2030. A compound annual growth rate of 48.4% is expected of the United States 5g internet of things (iot) market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,487.1
Forecast, 2030 (US$M)
$15,987.0
CAGR, 2025 - 2030
48.4%
Report Coverage
U.S.

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U.S. 5g internet of things (iot) market, 2020-2030 (US$M)

U.S. 5g internet of things (iot) market, 2020-2030 (US$M)

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U.S. 5g internet of things (iot) market highlights

  • The U.S. 5g internet of things (iot) market generated a revenue of USD 1,487.1 million in 2024 and is expected to reach USD 15,987.0 million by 2030.
  • The U.S. market is expected to grow at a CAGR of 48.6% from 2025 to 2030.


5g internet of things (iot) market data book summary

Market revenue in 2024USD 1,487.1 million
Market revenue in 2030USD 15,987.0 million
Growth rate48.6% (CAGR from 2025 to 2030)
Historical data2020 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentation
Key market players worldwideNokia 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, U.S. accounted for 19.3% of the global 5g internet of things (iot) market in 2024.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. 5g internet of things (iot) market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 3,765.1 million by 2030.

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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

U.S. 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.


The U.S. 5G Internet of Things market dominated the regional industry in 2024. This market is mainly driven by aspects such as large enterprises working in the IT and telecom industry, multiple companies offering an extensive range of IoT solutions, and increasing investments in 5G network developments and roll-outs. 

Growing industrial automation in the manufacturing industry, increasing use of sensor technology and IoT-enabled systems, and rising demand for high-performance network capabilities are adding opportunities to this market.

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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. 5g internet of things (iot) market , including forecasts for subscribers. This country databook contains high-level insights into U.S. 5g internet of things (iot) market from 2020 to 2030, including revenue numbers, major trends, and company profiles.

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U.S. 5g internet of things (iot) market size, by component, 2020-2030 (US$M)

U.S. 5G Internet Of Things (IoT) Market Outlook Share, 2024 & 2030 (US$M)

U.S. 5g internet of things (iot) market size, by component, 2020-2030 (US$M)

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