5G Powers the IOT

The 5G Industrial IOT market is anticipated to grow at a CAGR of 28.1% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach $18.8 Billion. 5G Industrial IOT revenue through large enterprises is projected to grow at a CAGR of nearly 28% during the period of projection.

Source: https://www.prnewswire.com/news-releases/5g-industrial-iot-market-to-reach-us-18-8-bn-by-2032--future-market-insights-301535273.html