Strategy Analytics forecasts that the global IoT connections will grow at a double-digit CAGR of 14% between 2022 and 2030.
Most of the growth during the forecasts period of 2022-30 will come from Healthcare, Industrial and Automotive verticals with a CAGR of 23%, 17% and 16%, respectively. Some other high growth verticals are Transport, Security and Home (non-security).
This report analyses the global forecast data for the IoT cellular connections by year, by bearer network technology (2G, 3G, 4G and 5G) and by verticals - Automotive, Healthcare, Industrial, Utilities, Transport, Security, POS/Retail, Home (non-security), Primary Processing and others.