The Global M2M/IoT Communications Market – 6th Edition

31/07/2021 - 14:06

The Global M2M/IoT Communications Market – 6th Edition from Berg Insight analyses the latest trends and developments in cellular IoT, satellite IoT and low power wireless networking. This study provides you with 230 pages of unique business intelligence, including 5-year industry forecasts, expert commentary and real-life case studies on which to base your business decisions.
 
Berg Insight estimates that the global number of cellular IoT subscribers increased by 12 percent during 2020 to reach 1.74 billion at the end of the year – corresponding to around 18 percent of all mobile subscribers. Until 2025, the number of cellular IoT subscribers is forecasted to grow at a compound annual growth rate (CAGR) of 16.6 percent to reach 3.74 billion at the end of the period. During the same period, cellular IoT connectivity revenues are forecasted to grow at a CAGR of 15.4 percent from € 7.8 billion in 2020 to approximately € 15.9 billion in 2025. Meanwhile the monthly ARPU is expected to drop to € 0.38.

Source