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The applications of IoT (Internet of Things) technology in the industrial sector have been seen as a huge opportunity for 5G-related hardware ecosystems. However, compared with the current mainstream technologies used for industrial IoT such as industrial Ethernet, 5G is not particularly appealing to enterprises in the short run. This report examines the advantages of 5G technology in the industrial IoT, compares it with the current industrial IoT technologies, and examines the IoT product strategies of Qualcomm and Huawei in the era of 5G.
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
