IoT connections market update—May 2023 The latest IoT Analytics “State of IoT—Spring 2023” report shows that the number of global IoT connections grew by 18% in 2022 to 14.3 billion active IoT endpoints. In 2023, IoT Analytics expects the global number of connected...
In short Overall enterprise IoT spending grew 21.5% in 2022 to $201 billion. IoT Analytics lowered the growth outlook for 2023 to 18.5% (from 24% previously). Macro trends largely dominate the growth expectancy for an otherwise robust digital transformation phase for...
Key insights The global cellular IoT module market has grown from two to 10 key technologies. At the same time, the market has grown 15 times since 2010 according to IoT Analytics’ latest research on the topic.Module companies have expanded their portfolio from...
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%...
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