GLOBAL IOT MARKET VALUE TO PEAK AT US$61 BILLION DUE TO 5G AND CELLULAR LOW -POW ER WIDE AREA TECHNOLOGY GROW TH

摘要

Cellular IoT: Strategies, Opportunities & Market Forecasts 2022-2026 predicts LPWA solutions such as NB-IoT and LTE-M will be the fastest-growing cellular IoT technologies over the next four years. The low cost of connectivity and hardware is expected to drive adoption for remote monitoring in key verticals such as agriculture, smart cities, and manufacturing. As a result, LPWA connections are expected to grow 1,200% over the next four years.