SAN FRANCISCO, May 15, 2023 /PRNewswire/ — The Global 5G Internet of Things Market Size is Expected to Reach $89.42 billion by 2030, registering a CAGR of 50.2% from 2023 to 2030, according to a new report from Grand View Research, Inc. The growth can be attributed to improved reliability, reduced latency, increased capacity, and 5G Internet of Things (IoT) network speeds. It can also automate business operations and enable end-to-end communication. Manufacturers are aggressively adopting new technologies such as IoT, AI, and machine learning, as well as cloud computing and analytics in their manufacturing facilities and operations as part of this revolution. This has increased the demand for 5G…