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    Canada 5G Industrial IoT Market

    ID: MRFR/ICT/56740-HCR
    200 Pages
    Aarti Dhapte
    September 2025

    Canada 5G Industrial IoT Market Research Report By Component (Hardware, Solution, Service), By Organization Size (Large Enterprise, Small & Medium Enterprise) and By Application (Predictive Maintenance, Business Process Optimization, Asset Tracking & Management, Logistics & Supply Chain Management, Real-time Workforce Tracking & Management, Automation Control & Management, Emergency)-Forecast to 2035

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    Canada 5G Industrial IoT Market Infographic
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    Canada 5G Industrial IoT Market Summary

    The Canada 5G Industrial IoT market is projected to grow from 28.6 USD billion in 2024 to 48.0 USD billion by 2035.

    Key Market Trends & Highlights

    Canada 5G Industrial IoT Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 4.82 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 48.0 USD billion, indicating robust growth potential.
    • In 2024, the market is valued at 28.6 USD billion, reflecting a strong foundation for future expansion.
    • Growing adoption of 5G technology due to increased demand for real-time data analytics is a major market driver.

    Market Size & Forecast

    2024 Market Size 28.6 (USD Billion)
    2035 Market Size 48.0 (USD Billion)
    CAGR (2025-2035) 4.82%

    Major Players

    Rogers Communications, IBM Corporation, Microsoft Corporation, Telus Corporation, Schneider Electric, Cisco Systems, Bell Canada, Nokia Corporation, Ericsson, Amazon Web Services, General Electric, Honeywell International, Siemens AG, Qualcomm

    Canada 5G Industrial IoT Market Trends

    The growing acceptance of innovative technologies across several industries is driving notable expansion in the Canada 5G Industrial IoT market. The government's backing of digital infrastructure—which comprises expenditures to improve communication networks—is one main driver of the market.

    Aiming at guaranteeing strong 5G connectivity—which is crucial for IoT applications in sectors like manufacturing, logistics, and agriculture—the Canadian government has set out a number of projects. Moreover, the integration of IoT solutions using 5G technology offers improved data transmission capacity and real-time analytics as sectors strive to raise efficiency and lower operational risks.

    One area of interest is the use of smart cities, which are gathering steam all throughout Canada. Given that cities like Toronto and Vancouver give technology developments top priority, there is a great opportunity for cooperation between the public and commercial sectors of life.

    Improved connection and enhanced data management tools will encourage the acceptance of IoT devices capable of helping governments maximize urban services and raise residents' quality of living.

    Recent trends also show a concentration on sustainability and environmental care. Using 5G and IoT technologies for real-time monitoring and administration, companies are realizing more and more the requirement of following Canadian rules that support environmentally friendly operations.

    As companies implement greener policies, alliances between technology companies and sectors striving for sustainability will grow. The push toward digital transformation, urban smartology, and environmental responsibility emphasizes overall the dynamic terrain of the Canada 5G Industrial IoT market and positions it as a vital sector of growth for the future of the nation.

    Market Segment Insights

    Canada 5G Industrial IoT Market Segment Insights

    Canada 5G Industrial IoT Market Segment Insights

    5G Industrial IoT Market Component Insights

    5G Industrial IoT Market Component Insights

    The Canada 5G Industrial IoT Market is characterized by a diverse range of components that play a crucial role in driving its growth and development. This segment encompasses various elements such as Hardware, Solutions, and Services, each contributing significantly to the overall efficiency and functionality of the industrial IoT ecosystem. Hardware remains essential, providing the foundational technology necessary for connectivity, data processing, and communication between devices.

    With the integration of 5G, this segment is witnessing advancements that enhance performance and reliability, catering to industries such as manufacturing, healthcare, and transportation.Solutions, on the other hand, focus on software and applications that enable real-time analytics, remote monitoring, and automated processes, thereby optimizing operations and reducing costs.

    The demand for customized solutions has surged as businesses look to leverage 5G capabilities for greater productivity and innovation in their respective fields. Services, including network management, maintenance, and support, are becoming ever more critical as companies transition to 5G-enabled environments.

    These services ensure seamless integration and operational continuity, which are vital for industries dependent on timely data exchange and responsiveness.The combination of these components illustrates the intricate interdependencies that define the Canada 5G Industrial IoT Market, with ongoing advancements creating numerous opportunities for growth and enhanced industry applications across sectors.

    5G Industrial IoT Market Organization Size Insights

    5G Industrial IoT Market Organization Size Insights

    The Canada 5G Industrial IoT Market demonstrates a clear distinction in insights based on Organization Size, highlighting the significant role of both Large Enterprises and Small and Medium Enterprises (SMEs). Large Enterprises tend to dominate the market due to their vast resources, enabling them to invest heavily in advanced technologies and robust infrastructure that the 5G Industrial IoT ecosystem requires. This segment frequently prioritizes efficiency and scalability, making it a leader in adopting IoT solutions to enhance productivity.

    On the other hand, Small and Medium Enterprises are increasingly recognizing the potential of 5G technology to level the playing field, providing them with tools to innovate and improve operations without the substantial capital typically associated with technological advancements.

    This segment often focuses on tailored solutions that cater to specific industry needs, fostering agility and responsiveness. Overall, the differentiation in the Organization Size segment underscores a diverse landscape in the Canada 5G Industrial IoT Market, reflecting varied growth drivers, such as operational efficiency, accessibility of technology, and the pursuit of competitive advantage, all contributing to its dynamic evolution.

    5G Industrial IoT Market Application Insights

    5G Industrial IoT Market Application Insights

    The Canada 5G Industrial IoT Market has witnessed a notable expansion within its Application segment, reflecting the increasing adoption of advanced technologies across various industries.

    This segment is characterized by diverse applications such as Predictive Maintenance, which enhances equipment reliability; Business Process Optimization, offering greater efficiency in operational workflows; and Asset Tracking and Management, enabling companies to monitor assets in real-time.

    Logistics and Supply Chain Management applications are becoming essential, as they help industries streamline operations and reduce costs.Real-time Workforce Tracking and Management play a critical role in enhancing worker productivity and ensuring safety. Furthermore, Automation Control and Management are vital for improving the consistency and quality of production processes. The Emergency application emphasizes responsiveness, improving reaction times in critical situations.

    The synergy of these applications illustrates the growing reliance on 5G technologies to drive innovation, increase efficiency, and reduce operational complexities in Canada.

    As sectors like manufacturing and transportation embrace these advancements, the resulting data-rich environments foster actionable insights that can significantly optimize performance and enhance decision-making capabilities.The overall trends indicate a strong shift towards interconnected systems that not only elevate productivity but also provide opportunities for future growth in a competitive landscape.

    Get more detailed insights about Canada 5G Industrial IoT Market Research Report-Forecast to 2035

    Key Players and Competitive Insights

    The competitive landscape of the Canada 5G Industrial IoT Market is characterized by rapid technological advancements, strategic partnerships, and the integration of innovative solutions across various industries. This evolving market is being propelled by increased demand for real-time data collection, smart manufacturing, and enhanced connectivity

    . As enterprises seek to leverage the capabilities of 5G technology, competition is intensifying among existing telecom providers and technology giants, each striving to establish a significant foothold. The adoption of 5G is not just limited to telecommunications but is expanding into sectors such as healthcare, logistics, and smart cities, leading to a dynamic interplay among key players in the region.

    Understanding the strengths and strategies of market leaders is crucial for stakeholders looking to navigate this landscape effectively.Rogers Communications stands out in the Canada 5G Industrial IoT Market due to its extensive network infrastructure and established reputation as a leading telecommunications provider.

    The company has made significant investments in expanding its 5G network, aiming to provide broader coverage and enhanced capabilities for industrial applications. With a customer-centric approach, Rogers Communications focuses on delivering tailored solutions designed to meet the specific needs of various industries. Their strong presence in the industrial sector, coupled with strategic partnerships, allows them to leverage emerging technologies effectively.

    Additionally, Rogers Communications is known for its commitment to innovation, which has enabled them to develop unique platforms and services that enhance operational efficiency and connectivity for businesses across Canada.

    IBM Corporation is another formidable player in the Canada 5G Industrial IoT Market, recognized for its cutting-edge technology solutions and expertise in artificial intelligence and analytics. The company has developed a robust suite of products and services tailored for industrial IoT applications, including cloud computing, data analytics, and AI-driven solutions that enhance productivity and operational insights.

    IBM’s strong partnership ecosystem in Canada enables the firm to collaborate with local enterprises effectively, driving digital transformation across various sectors. With a focus on innovation, IBM continues to invest in research and development while actively seeking strategic mergers and acquisitions to expand its capabilities in the industrial IoT space.

    This proactive approach not only strengthens their market presence in Canada but also positions them as a trusted partner for organizations looking to harness the power of 5G technology in their operations.

    Key Companies in the Canada 5G Industrial IoT Market market include

    Industry Developments

    The Canada 5G Industrial IoT Market has seen significant developments recently, particularly as companies enhance their infrastructures and adoption of advanced technologies.

    Rogers Communications announced plans in September 2023 to expand its 5G network to more industrial sectors, aiming to support Canadian manufacturers. Concurrently, IBM Corporation and Microsoft Corporation are collaborating on cloud solutions that cater to 5G-powered IoT applications.

    Telus Corporation has begun integrating 5G technology with its IoT services to optimize operations for different sectors, fueling market growth. Notably, in August 2023, Bell Canada and Nokia Corporation reported a partnership focused on developing private 5G networks, boosting industry innovation.

    Additionally, in July 2023, Cisco Systems and Schneider Electric collaborated to offer IoT solutions that can be utilized across various industrial applications.

    The growth in market valuation for companies like Ericsson and Qualcomm has implications for competition and investment in 5G technologies. Over the past two to three years, the regulatory framework in Canada has also evolved, enhancing the environment for 5G deployments, reflecting a proactive approach to improving connectivity for industrial IoT solutions.

    Market Segmentation

    Outlook

    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management
    • Emergency

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 27.38(USD Billion)
    MARKET SIZE 2024 28.61(USD Billion)
    MARKET SIZE 2035 48.02(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 4.82% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Rogers Communications, IBM Corporation, Microsoft Corporation, Telus Corporation, Schneider Electric, Cisco Systems, Bell Canada, Nokia Corporation, Ericsson, Amazon Web Services, General Electric, Honeywell International, Huawei Technologies, Siemens AG, Qualcomm
    SEGMENTS COVERED Component, Organization Size, Application
    KEY MARKET OPPORTUNITIES Predictive maintenance solutions, Smart supply chain management, Enhanced remote monitoring systems, Connected autonomous vehicles, Industry 4.0 integration services
    KEY MARKET DYNAMICS Increased connectivity demand, Enhanced automation solutions, Improved data analytics capabilities, Cost reduction in operations, Expansion of smart manufacturing
    COUNTRIES COVERED Canada

    FAQs

    What is the expected market size of the Canada 5G Industrial IoT Market by 2024?

    The Canada 5G Industrial IoT Market is expected to be valued at 28.61 billion USD by 2024.

    What is the projected value of the Canada 5G Industrial IoT Market by 2035?

    By 2035, the expected value of the Canada 5G Industrial IoT Market is 48.02 billion USD.

    What is the expected compound annual growth rate (CAGR) for the Canada 5G Industrial IoT Market from 2025 to 2035?

    The expected CAGR for the Canada 5G Industrial IoT Market from 2025 to 2035 is 4.82 percent.

    Which company is expected to have a dominant market share in the Canada 5G Industrial IoT Market?

    Major players such as Rogers Communications, IBM Corporation, and Microsoft Corporation are expected to have a dominant market share in the Canada 5G Industrial IoT Market.

    What is the estimated market value for the hardware component of the Canada 5G Industrial IoT Market in 2024?

    The hardware component of the Canada 5G Industrial IoT Market is estimated to be valued at 10.8 billion USD in 2024.

    What is the expected market size for solutions in the Canada 5G Industrial IoT Market by 2035?

    The solutions segment is expected to reach a market size of 16.5 billion USD by 2035.

    How much is the services segment of the Canada 5G Industrial IoT Market projected to be worth in 2024?

    The services segment is projected to be worth 7.71 billion USD in 2024.

    What key opportunities are driving the growth of the Canada 5G Industrial IoT Market?

    Key opportunities driving growth include advancements in technology and increasing demand for automation across industries.

    How is the current competitive landscape affecting the Canada 5G Industrial IoT Market?

    The competitive landscape is intensifying with major firms like Cisco Systems and Nokia Corporation actively investing in innovation.

    What are the primary applications of the Canada 5G Industrial IoT Market?

    Primary applications include smart manufacturing, supply chain optimization, and predictive maintenance.

    Canada 5G Industrial IoT Market Research Report-Forecast to 2035 Infographic
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