5G is expected to account for 40 percent of all connections by 2030, according to a new study from Strategy Analytics. North Americas market expected to reach a compound annual growth rate of 14.1% by 2024. Europe shows an even more considerable increase of up to 20% in the smart home market. 5G comprises less than 1% of IoT connections, as of 2020, but it’s expected to make it 40% by 2030. The same slower rate of expansion will likely continue in 2021, the report says.”]

