In 2030, the forecasted revenue for 5G internet of things (IoT) module components is 6.439 billion U.S. dollars.
Providers of active components, like radio chips and application processors, will benefit the most with 63 percent of the total revenue forecast in 2025 and 2030. In 2030, 21 percent of the forecasted revenue will go to providers of passive components, such as antennae. The other 16 percent to providers of testing, assembly and packaging.
Forecasted B2B revenues for 5G internet of things (IoT) components from 2022 to 2030, by component type
(in million U.S. dollars)
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McKinsey & Company. (February 21, 2020). Forecasted B2B revenues for 5G internet of things (IoT) components from 2022 to 2030, by component type (in million U.S. dollars) [Graph]. In Statista. Retrieved October 10, 2024, from https://www.statista.com/statistics/1190534/revenue-forecast-of-5g-iot-components/
McKinsey & Company. "Forecasted B2B revenues for 5G internet of things (IoT) components from 2022 to 2030, by component type (in million U.S. dollars)." Chart. February 21, 2020. Statista. Accessed October 10, 2024. https://www.statista.com/statistics/1190534/revenue-forecast-of-5g-iot-components/
McKinsey & Company. (2020). Forecasted B2B revenues for 5G internet of things (IoT) components from 2022 to 2030, by component type (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 10, 2024. https://www.statista.com/statistics/1190534/revenue-forecast-of-5g-iot-components/
McKinsey & Company. "Forecasted B2b Revenues for 5g Internet of Things (Iot) Components from 2022 to 2030, by Component Type (in Million U.S. Dollars)." Statista, Statista Inc., 21 Feb 2020, https://www.statista.com/statistics/1190534/revenue-forecast-of-5g-iot-components/
McKinsey & Company, Forecasted B2B revenues for 5G internet of things (IoT) components from 2022 to 2030, by component type (in million U.S. dollars) Statista, https://www.statista.com/statistics/1190534/revenue-forecast-of-5g-iot-components/ (last visited October 10, 2024)
Forecasted B2B revenues for 5G internet of things (IoT) components from 2022 to 2030, by component type (in million U.S. dollars) [Graph], McKinsey & Company, February 21, 2020. [Online]. Available: https://www.statista.com/statistics/1190534/revenue-forecast-of-5g-iot-components/