IoT connections market update—May 2022 The chip shortage continues to slow the Internet of Things (IoT) market recovery, according to our latest State of IoT—Spring 2022 report, released in May 2022. The number of global IoT connections grew by 8% in 2021 to 12.2...
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...
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...
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...
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%...
Key Insights The global market for cellular IoT modules declined 8% in 2020, according to IoT Analytics’ latest data.China is the only large country that showed growth in 2020. LTE-Cat 1 technology, which contributes to 23% of cellular IoT modules outside of...
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