By 2030, the forecasted revenue for 5G internet of things (IoT) modules is 9.66 billion U.S. dollars. Breaking down this revenue, 31 percent is expected to come from special purpose modules, 34 percent from standard modules and another 34 percent from 5G low-power wide-area (LPWA) modules.
Forecasted B2B revenues for 5G internet of things (IoT) modules from 2022 to 2030, by module type
(in million U.S. dollars)
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McKinsey & Company. (February 21, 2020). Forecasted B2B revenues for 5G internet of things (IoT) modules from 2022 to 2030, by module type (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1190519/revenue-forecast-of-5g-iot-modules/
McKinsey & Company. "Forecasted B2B revenues for 5G internet of things (IoT) modules from 2022 to 2030, by module type (in million U.S. dollars)." Chart. February 21, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1190519/revenue-forecast-of-5g-iot-modules/
McKinsey & Company. (2020). Forecasted B2B revenues for 5G internet of things (IoT) modules from 2022 to 2030, by module type (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1190519/revenue-forecast-of-5g-iot-modules/
McKinsey & Company. "Forecasted B2b Revenues for 5g Internet of Things (Iot) Modules from 2022 to 2030, by Module Type (in Million U.S. Dollars)." Statista, Statista Inc., 21 Feb 2020, https://www.statista.com/statistics/1190519/revenue-forecast-of-5g-iot-modules/
McKinsey & Company, Forecasted B2B revenues for 5G internet of things (IoT) modules from 2022 to 2030, by module type (in million U.S. dollars) Statista, https://www.statista.com/statistics/1190519/revenue-forecast-of-5g-iot-modules/ (last visited December 22, 2024)
Forecasted B2B revenues for 5G internet of things (IoT) modules from 2022 to 2030, by module type (in million U.S. dollars) [Graph], McKinsey & Company, February 21, 2020. [Online]. Available: https://www.statista.com/statistics/1190519/revenue-forecast-of-5g-iot-modules/