Asia Pacific 5g Internet Of Things (iot) Market Size & Outlook

The 5g internet of things (iot) market in Asia Pacific is expected to reach a projected revenue of US$ 37,030.4 million by 2030. A compound annual growth rate of 51.5% is expected of Asia Pacific 5g internet of things (iot) market from 2025 to 2030.
Revenue, 2024 (US$M)
$3,036.8
Forecast, 2030 (US$M)
$37,030.4
CAGR, 2025 - 2030
51.5%
Report Coverage
Asia Pacific

Asia Pacific 5g internet of things (iot) market highlights

  • The Asia Pacific 5g internet of things (iot) market generated a revenue of USD 3,036.8 million in 2024.
  • The market is expected to grow at a CAGR of 51.7% from 2025 to 2030.
  • Country-wise, China is expected to register the highest CAGR from 2025 to 2030.


Asia Pacific data book summary

Market revenue in 2024USD 3,036.8 million
Market revenue in 2030USD 37,030.4 million
Growth rate51.7% (CAGR from 2025 to 2030)
Historical data covered2020 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentation
Key market players worldwideNokia Oyj, Telefonaktiebolaget L M Ericsson ADR, ZTE Corp Class H, AT&T, Huawei Technologies, Verizon Communications Inc, Thales Group, Vodafone Group PLC, China Mobile, Microsoft Corp


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 39.4% of the global 5g internet of things (iot) market in 2024.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 37,030.4 million by 2030.
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5G Internet Of Things (IoT) Market Companies

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Asia Pacific 5g internet of things (iot) market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 5g internet of things (iot) market will help companies and investors design strategic landscapes.


This is attributed to the increasing focus of multiple manufacturers on embracing IoT-driven automation, growing investments by government and organizations in the telecom industry in the development of reliable 5G networks, and favorable government measures for automation in the region. 

Additionally, APAC is characterized by countries with large populations, emerging economies, and evolving businesses and startups, which offers a Manufacturing Smart Cities Transportation & Logistics Healthcare Energy & Utilities Oil & Gas Enterprises/Corporates Others significant growth opportunity for 5G IoT network providers owing to a sizeable untapped consumer base in the region.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific 5g internet of things (iot) market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific 5g internet of things (iot) market from 2020 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific 5g internet of things (iot) market size, by country, 2020-2030 (US$M)

Asia Pacific 5G Internet Of Things (IoT) Market Outlook Share, 2024 & 2030 (US$M)

Asia Pacific 5g internet of things (iot) market size, by country, 2020-2030 (US$M)

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