IoT Connectivity & Hardware

IoT connectivity technologies provide the network infrastructure and communication capabilities required by IoT devices to collect, transport, and exchange data over the internet and be remotely monitored and controlled.

IoT hardware acts as the foundation for any IoT device, including its semiconductors, sensors, and other core device components.

Latest Insights: IoT Connectivity & Hardware

Global cellular IoT connectivity market reached $15B in 2023, 5G set to drive further growth

Global cellular IoT connectivity market reached $15B in 2023, 5G set to drive further growth

In short Mobile operators worldwide earned a combined $15 billion from 3.6 billion cellular IoT connections in 2023– according to IoT Analytics’ Global Cellular IoT Connectivity Tracker & Forecast (updated June 2024) and IoT Mobile Operator Pricing & Market Report 2024–2030 (released July 2024). Mobile operators’ IoT revenue growth rate of 23% YoY exceeded that of IoT software companies...

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Cellular IoT module market Q1 2024 update: Demand recovery, market trends, and competitive landscape

Cellular IoT module market Q1 2024 update: Demand recovery, market trends, and competitive landscape

Key insights In Q1 2024, the cellular IoT module market grew 7% year-over-year, according to IoT Analytics’ latest Global Cellular IoT Module and Chipset Tracker & Forecast update. Driving this growth was an upswing in module demand in China, which counterbalanced the remaining inventory and demand issues in much of the world. Connectivity technologies like 5G and LTE Cat-1 bis experienced a...

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The top 6 edge AI trends—as showcased at Embedded World 2024

The top 6 edge AI trends—as showcased at Embedded World 2024

In short The current state of embedded systems was on full display at Embedded World 2024, with a clear emphasis on edge AI. As part of the 67-page Embedded World 2024 Event Report, IoT Analytics’ team of four on-the-ground analysts identified 17 industry trends related to IoT chipsets and edge computing—this article highlights 6 of these trends related to edge AI. Why it matters Embedded World...

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The rise of smart and AI-capable cellular IoT modules: Evolution and market outlook

The rise of smart and AI-capable cellular IoT modules: Evolution and market outlook

In short The latest update to the Global Cellular IoT Module and Chipset Market Tracker and Forecast shows that shipments of cellular IoT modules and chipsets dropped 16% year-over-year in 2023; however, the tracker projects the market to climb back almost fully to 2022 levels in 2024. The rise of smart and AI-enabled cellular IoT modules, which enable data processing and decision-making near or...

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Top 10 IoT & telco trends—as seen at MWC 2024

Top 10 IoT & telco trends—as seen at MWC 2024

In short The current state of telecommunications was on full display at MWC Barcelona 2024. IoT Analytics’ three-analyst team produced a 123-page event report, covering 130+ companies, and presents its top 10 trends on the state of IoT & telecommunications here. Why it matters MWC is one of the world’s most important telecommunications trade shows. The showcased technologies are widely...

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LPWAN market 2024: Licensed technologies boost their share among global 1.3 billion connections as LoRa leads outside China

LPWAN market 2024: Licensed technologies boost their share among global 1.3 billion connections as LoRa leads outside China

In short LPWAN connectivity is on the rise. There were nearly 1.3 billion LPWAN IoT connections globally by the end of 2023, according to IoT Analytics' Global LPWAN Market Tracker and Forecast 2015–2027 (updated Q1 2024). This is expected to grow at 26% CAGR until 2027. NB-IoT comprises 58% of these connections. However, that does not tell the whole story about NB-IoT’s global adoption, as...

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Our View On IoT Connectivity & Hardware

IoT connectivity technologies provide the network infrastructure and communication capabilities required by IoT devices to collect, transport, and exchange data over the internet and be remotely monitored and controlled.
IoT hardware acts as the foundation for any IoT device, including its semiconductors, sensors, and other core device components.

The IoT connectivity research stream covers a range of communication technologies deployed in IoT projects and solutions, including:

Low-power wide-area network (LPWAN) technologies, such as Sigfox, LoRa, and NB-IoT
Cellular technologies, including 2G, 3G, 4G, and 5G
Short-range wireless technologies, such as Wi-Fi, Bluetooth, Zigbee, and many others
Satellite technologies, such as VSAT, BGAN, and the newest satellite-based LPWAN

Our Lead Expert

(Hardware)
Satyajit Sinha

Satyajit Sinha

Principal Analyst

Satyajit is a principal analyst in our Hamburg, Germany office. He leads the hardware and connectivity research team, focusing on IoT components, chips, modules, and other hardware, along with IoT connectivity and security.

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Our Lead Expert

(Connectivity)
Eugenio Pasqua

Eugenio Pasqua

Principal Analyst

Eugenio is a principal analyst focusing on the future of communications. He is the lead expert for IoT connectivity, especially for M2M, LPWA, and 5G.

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