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IoT forecast: worldwide technology trends 2017–2026

Michele Mackenzie Principal Analyst, Research
Rémy Giraud Analyst, Research
William Hare Principal Analyst, Research

"Although 4G represents a viable option for automotive applications, it does not address the low-cost, low-power requirements of the majority of IoT applications. These will be addressed by LPWA, which will support the majority of all wireless IoT connections by 2026."

IoT devices have traditionally been supported by 2G networks in most markets. 4G will accommodate more sophisticated applications such as connected vehicles, but the rise of LPWA technologies will provide viable substitutes to 2G for the mass market of IoT devices. Migration to new networks will, however, be a long term process.

This report provides:

  • information about IoT connections worldwide, in eight regions and for several selected countries in 2017, plus forecasts for an additional 9 years
  • analysis of key trends as well as drivers and barriers of IoT networks
  • analysis of the emerging LPWA market including an overview of network announcements, launches and connections (split by NB-IoT, LTE-M and other LPWA (Sigfox, LoRa and so on))
  • analysis of the existing cellular IoT market and connections split by 2G, 3G/4G and 5G.


Geographical coverage

Key metrics

Regions modelled

  • Central and Eastern Europe (CEE)
  • Developed Asia–Pacific (DVAP)
  • Emerging Asia–Pacific (EMAP)
  • Latin America (LATAM)
  • Middle East and North Africa (MENA)
  • North America (NA)
  • Sub-Saharan Africa (SSA)
  • Western Europe (WE)

Full country level coverage of the forecasts is included in Analysys Mason's DataHub.

IoT connections worldwide and by region by technology type:

  • 2G
  • 3G/4G
  • 5G
  • NB-IoT
  • LTE-M
  • Other LPWA