5G IoT Roaming Market to grow by USD 1.58 Bn by 2026, Development of wireless technologies to boost market growth - Technavio
NEW YORK, Oct. 10, 2022 /PRNewswire/ -- The global 5G IoT roaming market size is expected to grow by USD 1.58 bn during 2021-2026, progressing at a CAGR of 42.48% during the forecast period. The Development of wireless technologies, heavy IoT investment, and demand for private 5G networks from enterprises, governments, and industries are one of the major factors propelling the market growth. However, factors such as lack of standardization in IoT protocols, delay in spectrum harmonization across geographies, and increase in concerns over data privacy and security may impede the market growth.
Global 5G IoT Roaming Market Driver
One of the key factors influencing the growth of the 5G IoT roaming market is the advancement of wireless technology. Over the next two years, there will likely be an increase in the demand for wireless technologies due to the growing usage of LPWAN, long-range wide area network (LoRaWAN), 5G, wireless sensor networks, and Internet Protocol version 6 (IPv6). The requirement for higher capacity, high data rate, and high connection has also increased as a result of the rising data exchange rate among a significant number of connected devices. As a result, 5G wireless networks are seen as an important force behind IoT. Request Free Sample Report.
Global 5G IoT Roaming Market Segmentation
The consumer segment's share of the 5G IoT roaming market will expand significantly. Using a SIM card from the same service provider, mobile customers can use mobile IoT (LPWA) roaming to connect their IoT devices to LTE-M or NB-IoT networks and access related IoT services across many countries and mobile networks.
North America will account for 47% of market growth. The 5G IoT roaming market in North America is primarily concentrated in the US. This region's market will expand more quickly than those in other areas. Over the course of the projection period, an increase in industrial applications will support the expansion of the 5G IoT roaming market in North America. Buy Sample Report.
Global 5G IoT Roaming Market Vendors
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.?
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
AT and T Inc.
China Mobile Ltd.
Cisco Systems Inc.
Deutsche Telekom AG
Huawei Technologies Co. Ltd.
Neoway Technology Co. Ltd.
Nokia Corp.
Orange SA
Quectel Wireless Solutions Co. Ltd.
Samsung Electronics Co. Ltd.
To find additional highlights on the growth strategies adopted by vendors and their product offerings, Download Free Sample Report.
5G IoT Roaming Market Key Highlights
CAGR of the market during the forecast period
Detailed information on factors that will assist in 5G IoT roaming market growth during the next five years
Estimation of the 5G IoT roaming market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the 5G IoT roaming market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of the 5G IoT roaming market, vendors
Enterprise AI Market by End-user, Deployment, and Geography - Forecast and Analysis 2022-2026
5G IoT Roaming Market Scope
Report Coverage
Details
Page number
120
Base year
2021
Forecast period
2022-2026
Growth momentum & CAGR
Accelerate at a CAGR of 42.48%
Market growth 2022-2026
$1.58 billion
Market structure
Concentrated
YoY growth (%)
42.15
Regional analysis
North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution
North America at 47%
Key consumer countries
US, Japan, China, Germany, and UK
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
AT and T Inc., China Mobile Ltd., Cisco Systems Inc., Deutsche Telekom AG, Huawei Technologies Co. Ltd., Neoway Technology Co. Ltd., Nokia Corp., Orange SA, Quectel Wireless Solutions Co. Ltd., Samsung Electronics Co. Ltd., Sierra Wireless Inc., SIMCom Wireless Solutions Ltd., SK Inc., Telefonaktiebolaget LM Ericsson, Telefonica SA, Telit Communications Plc, Thales Group, Verizon Communications Inc., and Vodafone Group Plc
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
1 Executive Summary
1.1 Market Overview
Exhibit 01: Executive Summary ? Chart on Market Overview
Exhibit 02: Executive Summary ? Data Table on Market Overview
Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
Exhibit 04: Executive Summary ? Chart on Market by Geography
Exhibit 05: Executive Summary ? Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary ? Chart on Incremental Growth
Exhibit 07: Executive Summary ? Data Table on Incremental Growth
Exhibit 08: Executive Summary ? Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers ? Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers ? Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants ? Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes ? Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry ? Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by End-user
5.1 Market segments
Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
5.2 Comparison by End-user
Exhibit 26: Chart on Comparison by End-user
Exhibit 27: Data Table on Comparison by End-user
5.3 Consumer - Market size and forecast 2021-2026
Exhibit 28: Chart on Consumer - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Consumer - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Consumer - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Consumer - Year-over-year growth 2021-2026 (%)
5.4 Enterprise - Market size and forecast 2021-2026
Exhibit 32: Chart on Enterprise - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Enterprise - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Enterprise - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Enterprise - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by End-user
Exhibit 36: Market opportunity by End-user ($ million)
6 Customer Landscape
6.1 Customer landscape overview
Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison
7.3 North America - Market size and forecast 2021-2026
Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
7.4 Europe - Market size and forecast 2021-2026
Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
7.5 APAC - Market size and forecast 2021-2026
Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
7.6 South America - Market size and forecast 2021-2026
Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
7.7 Middle East and Africa - Market size and forecast 2021-2026
Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
7.8 US - Market size and forecast 2021-2026
Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
7.9 Japan - Market size and forecast 2021-2026
Exhibit 66: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Japan - Year-over-year growth 2021-2026 (%)
7.10 China - Market size and forecast 2021-2026
Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
7.11 Germany - Market size and forecast 2021-2026
Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
7.12 UK - Market size and forecast 2021-2026
Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
7.13 Market opportunity by geography
Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 83: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 85: Overview on factors of disruption
9.4 Industry risks
Exhibit 86: Impact of key risks on business
10 Vendor Analysis
10.1 Vendors covered
Exhibit 87: Vendors covered
10.2 Market positioning of vendors
Exhibit 88: Matrix on vendor position and classification
10.3 AT and T Inc.
Exhibit 89: AT and T Inc. - Overview
Exhibit 90: AT and T Inc. - Business segments
Exhibit 91: AT and T Inc. - Key offerings
Exhibit 92: AT and T Inc. - Segment focus
10.4 China Mobile Ltd.
Exhibit 93: China Mobile Ltd. - Overview
Exhibit 94: China Mobile Ltd. - Product / Service
Exhibit 95: China Mobile Ltd. - Key offerings
10.5 Deutsche Telekom AG
Exhibit 96: Deutsche Telekom AG - Overview
Exhibit 97: Deutsche Telekom AG - Business segments
Exhibit 112: Telefonaktiebolaget LM Ericsson - Overview
Exhibit 113: Telefonaktiebolaget LM Ericsson - Business segments
Exhibit 114: Telefonaktiebolaget LM Ericsson - Key news
Exhibit 115: Telefonaktiebolaget LM Ericsson - Key offerings
Exhibit 116: Telefonaktiebolaget LM Ericsson - Segment focus
10.10 Telefonica SA
Exhibit 117: Telefonica SA - Overview
Exhibit 118: Telefonica SA - Business segments
Exhibit 119: Telefonica SA - Key offerings
Exhibit 120: Telefonica SA - Segment focus
10.11 Verizon Communications Inc.
Exhibit 121: Verizon Communications Inc. - Overview
Exhibit 122: Verizon Communications Inc. - Business segments
Exhibit 123: Verizon Communications Inc. - Key offerings
Exhibit 124: Verizon Communications Inc. - Segment focus
10.12 Vodafone Group Plc
Exhibit 125: Vodafone Group Plc - Overview
Exhibit 126: Vodafone Group Plc - Business segments
Exhibit 127: Vodafone Group Plc - Key offerings
Exhibit 128: Vodafone Group Plc - Segment focus
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 129: Inclusions checklist
Exhibit 130: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 131: Currency conversion rates for US$
11.4 Research methodology
Exhibit 132: Research methodology
Exhibit 133: Validation techniques employed for market sizing
Exhibit 134: Information sources
11.5 List of abbreviations
Exhibit 135: List of abbreviations
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