Both 5g and IoT are new developments. IoT is in the market for some time but almost unnoticeable. Would 5G boost the IoT?
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IoT devices seem to get fast developments (depends on the features) which will also lead to market value.
The main advancements that 5G will bring to the IoT sector includes an increase in supporting more connected devices, get fast bandwidth for communication, and provide high reliability.
The advancements of IoT through 5G can lead to the better deployment of smart homes, owing to the fast communication channel. It would also support more connected devices efficiently. Smart homes can also lead to helping smart cities where everything would be connected (including vehicles).