Global cellular IoT module market declined 6% in Q1 2023 in a weakening demand environment
Key insights In Q1 2023, global cellular IoT module revenue declined 6% YoY; shipments declined 16%. The key reasons for the decline are: 1. Cautious end-user spending; 2. Inventory reductions; and 3. Chip supply issues. The top five cellular IoT module...
Winning in IoT: How the enterprise IoT market is evolving
In short IoT enterprise spending reached $201 billion in 2022, significantly lower than many had previously predicted. IoT adopters will focus on building the IoT software backbone, developing IoT applications, and infusing AI in the coming five years. 47% of IoT...
CEO priorities from 2019 until now: What has changed?
In short IoT Analytics reflects on the last four years covering CEO priorities in earnings calls. Most notable developments are: 1. The impact of COVID-19 and the Ukrainian War; 2. The rising importance of inflation; 3. The lower importance of trade-related themes;...
10 notable telco IoT trends—based on insights gathered in Q1 2023
Telco IoT market update Q1 2023 Telecommunication companies made $11 billion in revenue with cellular IoT connectivity services in 2022, according to the IoT Analytics Global Cellular IoT Connectivity Tracker & Forecast. This number grew strongly 15% year-on-year...