5G IoT Market 2030: How Government Initiatives Fuel Expansion
The global 5G Internet of Things (IoT) market was valued at USD 7.72 billion in 2024 and is expected to grow significantly to USD 89.42 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 50.3% from 2025 to 2030. This robust growth is primarily fueled by the core advantages of 5G technology, which include enhanced speed, reduced latency, and high-performance...
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