Strategy Analytics forecasts that licensed low power IoT cellular connections will increase at a 50% CAGR between 2018 and 2025. The long term outlook for NB IoT and LTE M, is extremely positive. NB IoT and Cat M are also covered by 5G and will naturally become the technology of choice for mMTC (massive machine-type communications) in 5G. 5G NR (New Radio) is designed to support diverse deployment models.
This report contains forecast data for licensed low power IoT cellular connections (NB IoT and LTE M) by year, by region.
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