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.
Market Reports: IoT Connectivity & Hardware
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IoT Semiconductor Design and Manufacturing Ecosystem Market Report 2025-2030
From $2,000.00 -
Wireless IoT Connectivity Chipset Market Report 2025-2030
From $5,000.00 -
IoT Microcontrollers Market Report 2025-2030
From $2,000.00 -
Global Cellular IoT Connectivity Tracker and Forecast (Q2/2025 Update)
From $8,000.00 -
Cellular IoT Module and Chipset Market Tracker & Forecast (Q3/2025 Update)
Contact Sales -
Satellite IoT Connectivity Tracker and Forecast
From $2,000.00 -
Satellite IoT Market Report 2025–2030
From $3,000.00 -
Cellular IoT Module and Chipset Market Tracker & Forecast (Q2/2025 Update)
Contact sales
Latest Insights: IoT Connectivity & Hardware
State of IoT 2024: Number of connected IoT devices growing 13% to 18.8 billion globally
Image: Global IoT market forecast (in billions of connected IoT devices) Connected IoT device market update—Summer 2024 Number of connected IoT devices to grow 13% by end of 2024. According to IoT Analytics’ 171-page State of IoT Summer 2024 report, there were 16.6 billion connected IoT devices by the end of 2023 (a growth of 15% over 2022). IoT Analytics expects this to grow 13% to 18.8 billion...
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...
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...
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...
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...
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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