A study from Juniper Research has found that 5G IoT connections will reach 116 million globally by 2026, rising from just 17 million in 2023. It predicts that the healthcare sector and smart city services will drive this 1,100% growth over the next three years.
► Number of devices will grow by 1,100% over three years
► Healthcare sector and smart city services will be main drivers
The report forecasts that the healthcare and smart cities market will account for over 60% of 5G IoT devices by 2026. The ultra-low latency and high bandwidth of 5G IoT technology will be the key factors in driving this proliferation of new connections. Juniper also looked at the prospects in the automotive industry, mobile broadband and smart homes.
The report anticipates that 5G networks will experience significant growth in smart city services; owing to its cost-effectiveness in deployment and ability to carry significant amounts of data. By 2026, it predicts there will be over 60 million 5G smart city connections globally with adoption for use in the monitoring of transport networks a key area.
Investment from healthcare providers will be driven by the need to modernise services and introduce telemedicine, connected ambulances and emergency services, and real-time remote monitoring.
You can download a whitepaper at here.
Read more of our latest Infrastructure stories
