M2MEnterprise IoT

IoT

IoT Cellular Connections by Air Interface by Region: 2022-2030 Forecast Update



Report Summary:

Strategy Analytics forecasts that the global IoT connections will grow at a double-digit CAGR of 14% between 2022 and 2030. The growth in IoT 5G modules will show traction beyond 2025, with more affordable 5G modules and applications requiring ultra-high data rates and low latency. 5G will increase to 47% of all connections by 2030, just 2 percentage points behind 4G at 49%. This report provides global forecast data to 2030, for the IoT cellular connections including splits by year, by region and by technology (2G, 3G, 4G and 5G).


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