IoT forecast: connections, revenue and technology trends 2021–2030
25 November 2021 | Research
Forecast report | PPTX and PDF (20 slides) | IoT Services
The total number of IoT connections worldwide will increase from 1.8 billion at the end of 2020 to 6.2 billion in 2030. The COVID-19 pandemic disrupted the IoT market in 2020 and some sectors continued to be adversely affected in 2021, but the growth rate for the number of IoT connections worldwide will remain in the double digits throughout the forecast period.
This report provides:
- 10-year forecasts for the number of IoT connections and revenue, split by sector
- analysis of technology trends including the number of 2G, 3G/4G, 5G, NB-IoT, LTE-M and ‘other LPWA’ connections and connectivity service revenue worldwide by application
- an overview of the key industry sectors for IoT and their share of IoT connections and revenue
- discussion about the longer-term impacts of the COVID-19 pandemic and which sectors are affected
- data on the IoT revenue generated worldwide from hardware, applications and connectivity services.
For more information, please see the associated article here.
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