IoT connections and revenue: trends and analysis 2025
"Year-on-year IoT revenue growth was higher in 2025 than in 2024 across reporting operators."
Operators offering services beyond connectivity have the strongest IoT revenue growth. This report assesses the key trends in Analysys Mason’s IoT/M2M revenue and connections tracker.
Information included in this report
- An overview of the strategies taken by operators to increase IoT revenue
- Changes in IoT revenue and the IoT share of total mobile revenue
- Factors driving growth in the number of IoT connections
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Analysys Mason tracks and analyses changing telecoms metrics.
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