target audience: TECH SUPPLIER  Publication date: Jul 2024 - Document type: Market Forecast - Doc  Document number: # US50849124

Worldwide and U.S. IoT Cellular Connections Forecast, 2024–2028

By: 

  • Pahul Singh Loading
  • Jitesh Bhayani Loading

Content



Related Links

Table of Contents


  • IDC Market Forecast Figure

    • Figure: Worldwide IoT Cellular Connections Snapshot

  • Executive Summary

  • Advice for Technology Suppliers

  • Market Forecast

    • Table: Worldwide and U.S. IoT Cellular Connections, 2023–2028

    • Table: Worldwide and U.S. IoT Cellular Connections by Segment, 2023–2028

    • Table: Worldwide and U.S. IoT Cellular Connections by Technology Generation, 2023–2028 (M)

    • Figure: U.S. IoT Cellular Connections Share by Technology Generation, 2023 and 2028

  • Market Context

    • Drivers and Inhibitors

    • Drivers

    • Increasing Intersection between Private Mobile Networks and IoT Deployments

    • Advancements in eSIM-Enabled IoT Devices

    • The Introduction of 5G RedCap to Propel Growth in IoT Cellular Connections

    • Inhibitors

    • Limited Near-Term Urgency for 5G Features in IoT

    • Macroeconomic Environment

    • Significant Market Developments

    • Growing Global Connectivity Needs Among Enterprises

    • The Emergence of 5G RedCap

    • Continued Transition from Phasing 2G/3G Networks to LTE/4G and LPWANs

    • Changes from Prior Forecast

    • Table: U.S. IoT Cellular Connections, 2019–2028: Comparison of July 2023 and July 2024 Forecasts (M)

    • Figure: U.S. IoT Cellular Connections, 2019–2028: Comparison of July 2023 and July 2024 Forecasts

  • Market Definition

  • Methodology

  • Related Research