Global 5G IoT Connections To Surpass 100 Million By 2026: Report

Last Updated: January 25, 2023, 11:46 IST

healthcare and smart cities market will account for over 60 per cent of 5G IoT devices by 2026.

healthcare and good cities market will account for over 60 per cent of 5G IoT gadgets by 2026.

The international 5G IoT (Internet of Things) connections will attain 116 million by 2026, rising from simply 17 million in 2023.

The international 5G IoT (Internet of Things) connections will attain 116 million by 2026, rising from simply 17 million in 2023, a brand new report mentioned on Tuesday.

According to Juniper Research, the healthcare sector and good metropolis companies will drive this 1,100 per cent progress over the subsequent three years.

“5G will allow extra environment friendly and dynamic healthcare provision that was not possible with 4G or Wi-Fi. However, healthcare suppliers should first implement 5G in areas which offer a robust return on funding, most notably linked emergency companies,” said Research co-author Olivia Williams.

The report forecasts that the healthcare and smart cities market will account for over 60 per cent of 5G IoT devices by 2026.

Moreover, the report predicts that 5G networks will see significant growth in smart city services due to their low cost of deployment and ability to carry large amounts of data.

There will be over 60 million 5G smart city connections globally by 2026, and the report urges city-planning authorities to leverage 5G connectivity as high-bandwidth gateways.

The report also discovered that transportation network monitoring, including road and rail networks, will be critical services that will necessitate 5G-enabled high-bandwidth cellular connectivity.

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(This story has been edited by News18 workers and is revealed from a syndicated news company feed)

Source web site: www.news18.com

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