5G IoT market to reach $111.2 billion by 2028

2022-03-02 06:03

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The global 5G IoT market size was valued at $1.4 billion in 2020 and is projected to reach $111.2 billion by 2028, growing at a CAGR of 72.1% from 2021 to 2028, according to Verified Market Research. Global 5G IoT market overview Rising demand for IoT connected devices, more adoption of mobile broadband as well as a growing device-to-device communication, and swift innovation virtualization in the networking domain is driving the growth of the 5G … More →

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