Global Cellular IoT Connectivity Tracker & Forecast (2024 Update)

A purpose-built tool to slice and dice market data for cellular IoT connectivity

Structured market database and webtool

Discover in-depth data on 2G, 3G, 4G, 5G (RedCap), NB-IoT, and LTE-M

  • In-depth look at the quarterly market for cellular IoT connectivity
  • Includes over 4 thousand data points, that allow for detailed drill-down options per year or quarter, category, technology, and operator
  • The tracker gets updated with the most recent data every 6 months
IoT Connectivity Tracker and Forecast - Overview

Database structure

View and analyze data points for

  • 21 key telecom companies
  • 9 cellular connectivity technologies
  • 13 vertical IoT segments

See complete product details

IoT Connectivity Tracker and Forecast - Global IoT Connections by Industry

The accompanying interactive webtool

Discover the Global Cellular IoT Connectivity Dashboard

Your Title Goes Here

Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.

Click to show dashboard

Data customization

Slice and dice the IoT data to your needs

  1. Select your metric and world region
  2. Start your analysis per technology or company
  3. Refine and filter
  4. Export data and use it to back-up your IoT strategy
IoT Spending Dashboard - Customize Data and Download

Product specifications

All information about the tracker & forecast at a glance

General description

The Global Cellular IoT Connectivity Tracker is a structured market size and forecast database of worldwide cellular IoT connections, comprising the following technologies: 2G, 3G, 4G, 5G (including a breakdown of private and public 5G connections), 5G RedCap, NB-IoT, and LTE-M.

 The tracker includes the number of active connections, revenue, and ARPU, along with forecasts for cellular IoT connections, by technology type, from 2024 to 2030.

Database structure

  • 21 key telecom companies
  • 9 cellular connectivity technologies
  • 9 vertical IoT segments

Selected companies mentioned in the tracker & forecast

ATT China Mobile China Telecom China Unicom Deutsche Telekom
KDDI KD Corp LGUplus NTTDocomo Orange
SKTelecom SoftBank Sprint Telefonica Telenor
Telia Telstra Tmobile USA Verizon Vodafone

Industry verticals covered in the tracker & forecast

Building & infrastructure Embedded automotive Fixed access points Home & consumer
Health care Industrial & manufacturing Mobile access points Other energy
Retail Smart Cities & others Smart meters Telematics - OBD and aftermarket
Transportation, supply chain & logistics

Latest data releases

State of IoT 2023: Number of connected IoT devices growing 16% to 16.7 billion globally

State of IoT 2023: Number of connected IoT devices growing 16% to 16.7 billion globally

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 IoT devices to grow another 16%, to 16.7 billion active endpoints. While 2023 growth is forecasted to be slightly lower than it was in 2022, IoT device connections are expected to continue to grow for many years to come. The...

Read full analysis
5 things to know about the LPWAN market in 2021

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 is strongest in China and the smart metering use case.The migration away from second generation/third generation (2G/3G) technology is happening slowly, while low-power satellite IoT connectivity is increasing. Why it matters?...

Read full analysis

What we do to update the data every 6 months

  • Constant monitoring of investor relations documents and news releases for hundreds of IoT companies and specifically the 33 companies that are part of this tracker.
  • Industry-level forecasting based on revenue estimations of chipset vendors, module companies, and network operators.
  • Interviewing of numerous senior IoT experts from connectivity chipset vendors, module companies and network operators.
  • Approximating missing data using several indicators such as general country KPIs (e.g., GDP, population), number of companies supporting or adopting the technology, in a specific region or announcements of network roll-outs and deployments, etc.
IoT Spending - Funnel

Access the full version for hands-on help on your IoT connectivity journey


Understand the global cellular IoT market: market size, market growth, players, technologies, and pricing trends, including forecasts until 2027


Receive semi-annual data updates


Slice and dice the data according to your individual needs (e.g., by region or cellular connectivity technology)


Use the data to make better decisions in your profession

Our insights are trusted by


Request a free demo

Fill out the form to get in touch with us

  • Experience a walk-through of the dashboard via screen share
  • Get your specific questions addressed
  • Explore how our research can add value to your organization
  • Receive individual pricing and bundle
Prajwal Praveen

Prajwal Praveen


11 + 6 =