Global $15.6 Bn Cellular IoT Connectivity Markets, 2022 and 2023-2028: 5G and LPWAN Bring Opportunities for New Applications and Use Cases - ResearchAndMarkets.com
The "Global Cellular IoT Connectivity Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
- The "Global Cellular IoT Connectivity Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
- Total cellular IoT market revenue is estimated to grow from $8.3 billion in 2022 to $15.6 billion in 2028, expanding at a CAGR of 10.9% from 2022 to 2028.
- The global cellular IoT market is in the growth stage, with telecom operators expanding in terms of net add connections and revenue.
- Despite the acceleration initiative by the ecosystem to shut down their 2G and 3G networks, the cellular IoT market is evolving fast.