Global 5G IoT Market to Reach USD 359.59 Billion by 2030, Growing at a CAGR of 72.96%
A) Market Size: The global 5G IoT market is forecasted to grow significantly, reaching USD 359.59 billion by 2030, with a compound annual growth rate (CAGR) of 72.96%. This market growth is spurred by the increasing demand for efficient, high-speed connectivity for IoT devices, which enhances operational efficiencies and unlocks new business opportunities across various sectors.
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