Strategy Analytics forecasts that global IoT cellular device sales will increase at a 5% CAGR between 2018 and 2025. IoT cellular device sales were dominated by 2G and 4G devices in 2018, but this mix will shift over the forecast period, with over 60% of overall sales 5G modules in 2025. Asia Pacific will remain the most dominant region by volume over the forecast period, followed by North America and Western Europe.
This report analyses the forecast data of IoT cellular devices, by sales volume, by year, by region and by bearer network technology (2G, 3G, 4G and 5G).