Global Cellular Internet of Things (IoT) Connections and Connectivity Market, Forecast to 2024

Global Cellular Internet of Things (IoT) Connections and Connectivity Market, Forecast to 2024

Cellular IoT Connections to Grow Rapidly as Low Power Networks and 5G Drive Adoption

RELEASE DATE
16-Nov-2018
REGION
North America
Research Code: 9A5C-00-1B-00-00
SKU: IT03759-NA-TC_22553

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Description

This study provides the market size and forecast for Cellular IoT connections and connectivity revenue for cellular network operators. This global study is segmented by regions, namely, North America, Latin America, Europe, Middle East and Africa (EMEA), and Asia-Pacific. All connections and connectivity revenue forecasts are provided for the following applications: Portable Asset Tracking, OEM Telematics/Connected Car, Commercial/Fleet Telematics, Usage-based Insurance, Vehicle Lending/ BHPH, Infotainment & Aftermarket Telematics, Smart Grid/ Oil & Gas, AMIs & Smart Meters, Smart Home/ Alarm Monitoring, Building Automation, Security & Surveillance, Factory & Industrial Automation, Fixed Asset Monitoring, Vending, PoS & Transaction Terminals. Digital Signage, Healthcare & Medical Devices, mHealth & Wellness, Connected Consumer Electronics, and Others, Tier-II, MVNO & Wholesale.

Globally, there were 631.6 million cellular IoT connections in 2017 that is forecast to grow to over 3,145.5 million connections in 2024 at a CAGR of 25.8 percent. Asia-Pacific has the largest share with over 432.3 million connections in 2017 that is forecast to grow to over 2,392.3 million connections in 2024 at a CAGR of 27.7 percent.

Globally, cellular network operators generated over $10,404.6 million in connectivity revenue from IoT connections in 2017 that is forecast to grow to over $87,977.4 million in 2024 at a CAGR of 37.7 percent.

Author: Dilip Sarangan

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Related Research
This study provides the market size and forecast for Cellular IoT connections and connectivity revenue for cellular network operators. This global study is segmented by regions, namely, North America, Latin America, Europe, Middle East and Africa (EMEA), and Asia-Pacific. All connections and connectivity revenue forecasts are provided for the following applications: Portable Asset Tracking, OEM Telematics/Connected Car, Commercial/Fleet Telematics, Usage-based Insurance, Vehicle Lending/ BHPH, Infotainment & Aftermarket Telematics, Smart Grid/ Oil & Gas, AMIs & Smart Meters, Smart Home/ Alarm Monitoring, Building Automation, Security & Surveillance, Factory & Industrial Automation, Fixed Asset Monitoring, Vending, PoS & Transaction Terminals. Digital Signage, Healthcare & Medical Devices, mHealth & Wellness, Connected Consumer Electronics, and Others, Tier-II, MVNO & Wholesale. Globally, there were 631.6 million cellular IoT connections in 2017 that is forecast to grow to over 3,145.5 million connections in 2024 at a CAGR of 25.8 percent. Asia-Pacific has the largest share with over 432.3 million connections in 2017 that is forecast to grow to over 2,392.3 million connections in 2024 at a CAGR of 27.7 percent. Globally, cellular network operators generated over $10,404.6 million in connectivity revenue from IoT connections in 2017 that is forecast to grow to over $87,977.4 million in 2024 at a CAGR of 37.7 percent. Author: Dilip Sarangan
More Information
No Index No
Podcast No
Author Dilip Sarangan
Industries Information Technology
WIP Number 9A5C-00-1B-00-00
Is Prebook No
GPS Codes 9657,9702-C1,9705-C1,9820-C1,99D7-C1,99D9-C1,9A5B-C1,9A5C-C1,9A64-C1,9A66-C1,9B07-C1