Asia-Pacific 5G IoT Market

Asia-Pacific 5G IoT Market Size, Share & Trends Analysis Report by Components (Hardware, Platform, Connectivity, and Services), by Network (5G Standalone, and 5G Non-Standalone), and by End-User (BFSI, Manufacturing, Healthcare, Energy and Utilities, Automotive and Transportation, Government and Defense, Residential, and Others) Forecast, 2021-2027
    Update Available - Forecast 2024-2030   

Published: Jul 2022 | Report Code: OMR2023743 | Category : Internet of Things | Delivery Format: /

The Asia-Pacific 5G IoT market is projected to grow at a considerable CAGR of 40.5% during the forecast period (2021-2027). The market is set to display impressive growth during the augur period with some key trends emerging, such as growing investment in 4G and 5G, reduced IoT sensors costs, and government support. Government expenditure on smart cities accounts for over a third of all spending in the region, followed by transportation and logistics, and finally manufacturing. For instance, in the 2020 Union Budget of India, the government has announced that it has increased its budget allocation by 5% for the smart cities from Rs. 6,169 Crore to Rs. 6,460 Crore for the 2019-2020 year to make the city smart. The COVID-19 pandemic, on the other hand, has had a negative impact on customers' transformation journeys across multiple industry sectors, causing delays in projects like integrating emerging technologies like artificial intelligence (AI), blockchain, and cloud adoption.

The Asia-Pacific 5G IoT market is segmented based on components, networks, and the end-user industry. Based on the components, the market is segmented as hardware, platform, connectivity, and services. Based on the network, the market is segmented into 5G standalone, and 5G non-standalone. Apart from it, based on the end-user industry, the market is classified into BFSI, manufacturing, healthcare, energy and utilities, automotive and transportation, government and defense, residential, and others.  Among these, manufacturing and other end-users such as the smart cities segment are growing due to the major players offers integrated IoT solutions, and develop horizontal capabilities. Smart lighting, security, and surveillance, and waste management are critical for smart cities, and predictive maintenance, remote monitoring, and connected operational intelligence are for manufacturing.

Based on the demographic viewpoint, the Asia-Pacific 5G IoT market has been segmented into China, India, Japan, ASEAN, South Korea, and the Rest of Asia-Pacific. China is likely to hold a major share in the Asia-Pacific 5G IoT market over the forecast period due to its high spending on the IoT, and the presence of major players for the 5G IoT providers. India and Japan hold a significant share in the Asia-pacific 5G IoT market, followed by China.

Further, AT&T, Inc., China Mobile Ltd., Huawei Technologies Co. Ltd., Samsung Electronics Co., Ltd., ZTE Corp., Fujitsu Ltd., NEC Corp.,  and SK Telecom Company Ltd., among others are some of the prominent players functioning in the Asia-Pacific 5G IoT market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players to sustain in the highly competitive market. For Instance, in November 2020, NEC Corp. announced the launch of the "NEC Mobility Test Center," a demonstration facility that uses sophisticated technologies such as private 5G and video analysis to evaluate automated driving technologies, coordinate infrastructure, and co-create solutions with partner companies.

RESEARCH METHODOLOGY

The market study of the Asia-Pacific 5G IoT market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary sources include:

  • Financial reports of companies involved in the market
  • Whitepapers, research papers, and news blogs
  • Company websites and their product catalog

The report is intended for 5G IoT solution provider companies, and its application such as manufacturing, retail, government and defense, and healthcare, among others, research institutes and universities, other related companies, and government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

  1. Asia-Pacific 5G IoT Market Research and Analysis by Components
  2. Asia-Pacific 5G IoT Market Research and Analysis by Network
  3. Asia-Pacific 5G IoT Market Research and Analysis by End-User 

The Report covers:

  • Comprehensive research methodology of the Asia-Pacific 5G IoT market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the Asia-Pacific 5G IoT market.
  • Insights about market determinants which are stimulating the Asia-Pacific 5G IoT market.
  • Detailed and extensive market segments with regional distribution of forecast revenues.
  • Extensive profiles and recent developments of the market players. 

1. Report Summary

Current Industry Analysis and Growth Potential Outlook

Impact of COVID-19 on the Asia-Pacific 5G IoT Industry

Recovery Scenario of Asia-Pacific 5G IoT Industry

1.1. Research Methods and Tools 

1.2. Market Breakdown

1.2.1. By Segments

1.2.2. By Geography

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis

3.1.1. AT&T, Inc.

3.1.1.1. Overview

3.1.1.2. Financial Analysis 

3.1.1.3. SWOT Analysis

3.1.1.4. Recent Developments

3.1.2. China Mobile, Ltd.

3.1.2.1. Overview

3.1.2.2. Financial Analysis 

3.1.2.3. SWOT Analysis

3.1.2.4. Recent Developments

3.1.3. Huawei Technologies Co., Ltd.

3.1.3.1. Overview

3.1.3.2. Financial Analysis 

3.1.3.3. SWOT Analysis

3.1.3.4. Recent Developments

3.1.4. Samsung Electronics Co., Ltd.

3.1.4.1. Overview

3.1.4.2. Financial Analysis 

3.1.4.3. SWOT Analysis

3.1.4.4. Recent Developments

3.1.5. ZTE Corp.

3.1.5.1. Overview

3.1.5.2. Financial Analysis 

3.1.5.3. SWOT Analysis

3.1.5.4. Recent Developments

3.2. Key Strategy Analysis

3.3. Impact of COVID-19 on Key Players

4. Market Determinants

4.1. Motivators

4.2. Restraints

4.3. Opportunities

5. Market Segmentation

5.1. Asia-Pacific 5G IoT Market by Component

5.1.1. Hardware

5.1.2. Platform

5.1.3. Connectivity

5.1.4. Services

5.1.4.1. Professional Services

5.1.4.2. Managed Services

5.2. Asia-Pacific 5G IoT Market by Network

5.2.1. 5G Standalone 

5.2.2. 5G Non-Standalone

5.3. Asia-Pacific 5G IoT Market by End-User

5.3.1. BFSI

5.3.2. Manufacturing

5.3.3. Healthcare

5.3.4. Energy and Utilities

5.3.5. Automotive and Transportation

5.3.6. Government and Defense

5.3.7. Residential

5.3.8. Others End-User (Smart Building, Agriculture, and Education)

6. Regional Analysis

6.1. China

6.2. India

6.3. Japan

6.4. ASEAN

6.5. South Korea

6.6. Rest of Asia-Pacific

7. Company Profiles 

7.1. Bharti Airtel, Ltd.

7.2. Fibocom Wireless, Inc.

7.3. Fujitsu, Ltd.

7.4. GosuncnWelink Corp.

7.5. KT Corp.

7.6. KPMG Huazhen LLP

7.7. LG Uplus Corp.

7.8. NEC Corp.

7.9. NTT DoCoMo Inc.

7.10. Neoway Technology Co. ltd.

7.11. Quectel Wireless Solutions Co., Ltd.

7.12. Sunway Communication Co., Ltd

7.13. SK Telecom Co., Ltd.

7.14. Tongyu Communication, Inc.

7.15. VeriSilicon Microelectronics (Shanghai) Co., Ltd.

1. ASIA-PACIFIC 5G IOT MARKET RESEARCH AND ANALYSIS, 2020-2027 ($ MILLION )

2. ASIA-PACIFIC 5G IOT MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2020-2027 ($ MILLION)

3. ASIA-PACIFIC HARDWARE FOR 5G IOT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

4. ASIA-PACIFIC PLATFORM FOR 5G IOT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

5. ASIA-PACIFIC CONNECTIVITY FOR 5G IOT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

6. ASIA-PACIFIC SERVICES FOR 5G IOT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

7. ASIA-PACIFIC SERVICES FOR 5G IOT MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)

8. ASIA-PACIFIC 5G IOT MARKET RESEARCH AND ANALYSIS BY NETWORK, 2020-2027 ($ MILLION)

9. ASIA-PACIFIC 5G STANDALONE NETWORK MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

10. ASIA-PACIFIC 5G NON-STANDALONE NETWORK MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

11. ASIA-PACIFIC 5G IOT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)

12. ASIA-PACIFIC 5G IOT FOR BFSI MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

13. ASIA-PACIFIC 5G IOT FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

14. ASIA-PACIFIC 5G IOT FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

15. ASIA-PACIFIC 5G IOT FOR ENERGY AND UTILITIES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

16. ASIA-PACIFIC 5G IOT FOR AUTOMOTIVE AND TRANSPORTATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

17. ASIA-PACIFIC 5G IOT FOR GOVERNMENT AND DEFENSE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

18. ASIA-PACIFIC 5G IOT FOR RESIDENTIAL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

19. ASIA-PACIFIC 5G IOT FOR OTHERS END-USER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

20. ASIA-PACIFIC 5G IOT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

21. CHINA 5G IOT MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2020-2027 ($ MILLION)

22. CHINA 5G IOT MARKET RESEARCH AND ANALYSIS BY NETWORK, 2020-2027 ($ MILLION)

23. CHINA 5G IOT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)

24. INDIA 5G IOT MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2020-2027 ($ MILLION)

25. INDIA 5G IOT MARKET RESEARCH AND ANALYSIS BY NETWORK, 2020-2027 ($ MILLION)

26. INDIA 5G IOT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)

27. JAPAN 5G IOT MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2020-2027 ($ MILLION)

28. JAPAN 5G IOT MARKET RESEARCH AND ANALYSIS BY NETWORK, 2020-2027 ($ MILLION)

29. JAPAN 5G IOT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)

30. ASEAN 5G IOT MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2020-2027 ($ MILLION)

31. ASEAN 5G IOT MARKET RESEARCH AND ANALYSIS BY NETWORK, 2020-2027 ($ MILLION)

32. ASEAN 5G IOT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)

33. SOUTH KOREA 5G IOT MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2020-2027 ($ MILLION)

34. SOUTH KOREA 5G IOT MARKET RESEARCH AND ANALYSIS BY NETWORK, 2020-2027 ($ MILLION)

35. SOUTH KOREA 5G IOT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)

36. REST OF ASIA-PACIFIC 5G IOT MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2020-2027 ($ MILLION)

37. REST OF ASIA-PACIFIC 5G IOT MARKET RESEARCH AND ANALYSIS BY NETWORK, 2020-2027 ($ MILLION)

38. REST OF ASIA-PACIFIC 5G IOT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)

1. IMPACT OF COVID-19 ON ASIA-PACIFIC 5G IOT MARKET, 2020-2027 ($ MILLION)

2. IMPACT OF COVID-19 ON ASIA-PACIFIC 5G IOT MARKET BY SEGMENT, 2020-2027 ($ MILLION)

3. RECOVERY OF ASIA-PACIFIC 5G IOT MARKET, 2021-2027 (%)

4. ASIA-PACIFIC 5G IOT MARKET SHARE BY COMPONENTS, 2020 VS 2027 (%)

5. ASIA-PACIFIC 5G IOT MARKET SHARE BY NETWORK, 2020 VS 2027 (%)

6. ASIA-PACIFIC 5G IOT MARKET SHARE BY END-USER INDUSTRY, 2020 VS 2027 (%)

7. ASIA-PACIFIC 5G IOT MARKET SHARE BY COUNTRY, 2020 VS 2027 (%)

8. CHINA 5G IOT MARKET SIZE, 2020-2027 ($ MILLION)

9. INDIA 5G IOT MARKET SIZE, 2020-2027 ($ MILLION)

10. JAPAN 5G IOT MARKET SIZE, 2020-2027 ($ MILLION)

11. ASEAN 5G IOT MARKET SIZE, 2020-2027 ($ MILLION)

12. SOUTH KOREA 5G IOT MARKET SIZE, 2020-2027 ($ MILLION)

13. REST OF ASIA-PACIFIC 5G IOT MARKET SIZE, 2020-2027 ($ MILLION)