Market Reports: IoT Connectivity & Hardware
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Cellular IoT Module and Chipset Market Tracker & Forecast (Q4/2024 Update)
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Cellular IoT Connectivity Tracker and Forecast (Q4/2024 Update)
From $8,000.00 -
IoT eSIM Modules and iSIM Chipsets Market Tracker (2024 Update)
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IoT Mobile Operator Pricing and Market Report 2024-2030
From $4,000.00 -
Global Cellular IoT Connectivity Tracker and Forecast (Q2/2024 Update)
From $8,000.00 -
5G IoT & Private 5G Market Report 2024–2030
From $5,000.00
Latest Insights: IoT Connectivity & Hardware
Global cellular IoT connections surpassed 4 billion in 2024, driven by 5G and LTE Cat 1 bis
In short Global cellular IoT connections reached 3.9 billion in H1 2024, according to IoT Analytics’ updated Global Cellular IoT Connectivity Tracker & Forecast. Based on ongoing tracking and analysis, cellular IoT connections have surpassed 4 billion as the end of 2024 approaches, representing approximately 22% of global overall IoT connections. Connections are expected to grow at a CAGR of...
The role of eSIM for IoT: Better security, simplified roaming, and easier provisioning—but only 33% of cellular IoT devices use it
In short The installed base of eSIM-capable (including iSIM) IoT connectivity modules reached 650 million in 2023, according to IoT Analytics’ IoT eSIM Modules and iSIM Chipsets Market Tracker and Cellular IoT Modules & Chipsets Security Tracker (both updated September 2024). eSIM technology represents a paradigm shift in cellular IoT connectivity, enabling remote SIM provisioning, global...
Avoiding digital transformation icebergs: Can industrial DataOps steer projects away from disaster?
Avoiding industrial digital transformation icebergs In short Industrial digital transformation projects, though as grand and promising as they are, face many obstacles along their journeys, such as data management and integration complexity. Among the industrial connectivity technologies covered in IoT Analytics' latest market report on the topic, 3 can help steer projects away from project...
State of private 5G in 2024: Key growth trends, use cases, and forecast
5G IoT Market Snapshot 2024 In short There were 1.28 million private 5G IoT connections globally in 2023—5% of the 25.6 million 5G IoT connections—according to the 367-page 5G IoT & Private 5G Market Report 2024–2030. The report forecasts private 5G connections to grow at a CAGR of 65.4% until 2030 and comprise 13% of the total 5G IoT connections globally by then. China and Europe are...
Benchmarking IoT mobile operator pricing: MNOs vs. MVNOs
In short There were 3.6 billion active cellular IoT connections in 2023, approximately 21% of global IoT connections, according to the 159-page IoT Mobile Operator Pricing and Market Report 2024–2030 and its accompanying mobile operator database. Two IoT mobile operator types provide cellular IoT connectivity: mobile network operators (MNOs) and mobile virtual network operators (MVNOs). A...
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...
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
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.
Our Lead Expert
(Connectivity)
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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