Global IoT market size grew 22% in 2021 — these 16 factors affect the growth trajectory to 2027
In short Overall enterprise Internet of Things (IoT) spending grew 22.4% in 2021 to $158 billion.Key macro tailwinds for the IoT market size going forward include maturing technologies such as AI, 5G, and cloud as well as the role that IoT plays in reaching...
5 things to know about the LPWAN market in 2021
In short The low-power wide-area network (LPWAN) market had strong growth over the past two years despite COVID-19 and chipset shortages, according to the latest LPWAN Market Report 2021–2026.Four technologies account for over 95% of the global installed base.Adoption...
20 million cellular IoT chips missing in 2021 due to global supply shortage as Qualcomm continues to lead the market
Download chart as a .gif file Key Insights Demand for 20 million cellular IoT chipsets will not be met in 2021 due to a supply shortage. According to IoT Analytics’ latest report on cellular IoT chipsets, the industry is expected to see a much lower than...
Global IoT spending to grow 24% in 2021, led by investments in IoT software and IoT security
Key Insights Overall enterprise Internet of Things (IoT) spending grew 12.1% in 2020 to $128.9 billion.Asia-Pacific (APAC) saw the fastest growth (17.0%), followed by North America (14.9%) and Europe (9.7%).2021 IoT spending for enterprises is expected to grow 24.0%...
