Industrial Automation IoT - 5g Internet Of Things (iot) Market Statistics
The global industrial automation iot 5g internet of things (iot) market size was valued at US$ 1,125.4 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 53.4% from 2024 to 2030.
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Industrial Automation IOT - 5g internet of things (iot) market highlights
- The global industrial automation iot segment generated a revenue of USD 1,125.4 million in 2024 and is expected to reach USD 14,785.3 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 53.4% by 2030.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Market summary
| Market revenue in 2024 | USD 1,125.4 million |
| Market revenue in 2030 | USD 14,785.3 million |
| Growth rate | 53.4% (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 |
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