B2B sales forecast of 5G IoT for industry 4.0 2020-2030

The strong rise in 5G internet of things (IoT) sales for industry 4.0 applications is expected to start in 2023 and by 2023, the forecasted total sales of 5G IoT units is expected to reach 22.3 million. Industry 4.0 refers to the trend of automation in manufacturing technologies, such as robots, automated guided vehicles, computer vision and more and creates so called smart factories.

Forecasted B2B 5G internet of things (IoT) unit sales for industry 4.0 applications from 2020 to 2030

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Source

Release date

February 2020

Region

Worldwide

Survey time period

2020

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