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
Content
List of Tables
List of Figures
Related Links
Table of Contents
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IDC Market Forecast Figure
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Figure: Worldwide IoT Cellular Connections Snapshot
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Executive Summary
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Advice for Technology Suppliers
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Market Forecast
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Table: Worldwide and U.S. IoT Cellular Connections, 2023–2028
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Table: Worldwide and U.S. IoT Cellular Connections by Segment, 2023–2028
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Table: Worldwide and U.S. IoT Cellular Connections by Technology Generation, 2023–2028 (M)
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Figure: U.S. IoT Cellular Connections Share by Technology Generation, 2023 and 2028
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Market Context
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Drivers and Inhibitors
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Drivers
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Increasing Intersection between Private Mobile Networks and IoT Deployments
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Advancements in eSIM-Enabled IoT Devices
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The Introduction of 5G RedCap to Propel Growth in IoT Cellular Connections
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Inhibitors
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Limited Near-Term Urgency for 5G Features in IoT
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Macroeconomic Environment
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Significant Market Developments
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Growing Global Connectivity Needs Among Enterprises
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The Emergence of 5G RedCap
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Continued Transition from Phasing 2G/3G Networks to LTE/4G and LPWANs
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Changes from Prior Forecast
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Table: U.S. IoT Cellular Connections, 2019–2028: Comparison of July 2023 and July 2024 Forecasts (M)
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Figure: U.S. IoT Cellular Connections, 2019–2028: Comparison of July 2023 and July 2024 Forecasts
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Market Definition
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Methodology
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Related Research