Top 500 Cellular IoT Deployments Nearly 20% of Market: Report
The world’s 500 largest cellular IoT deployments account for approximately 632.2 million active connections, ResearchAndMarkets.com reported Thursday. That represents as much as 19.3% of connections at the end of 2023, the report said. The 10 biggest projects account for nearly…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
210 million units. Transport and logistics are the largest use cases, followed by large deployments by utilities and in the retail, automotive, buildings and security and healthcare spheres. The North American and European markets, at 154.2 million and 153.2 million units, respectively, lead the world. These 500 largest projects are expected to grow to 1.04 billion units by 2028, a compound annual growth rate of 10.7%, the report said.