Strategy Analytics forecasts that global IoT cellular connections will increase at a CAGR of 11% between 2019 and 2030. The growth in 5G in IoT will start slowly, with many applications requiring only low power data rates and affordable modules, but 5G will increase to 40% of all connections by 2030.
This report analyses the market forecast assumptions for IoT cellular connection growth out to 2030.
IoT Predictions for 2023
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