The licensed cellular Internet of Things (IoT) market is expected to almost double from 2023 to 2030. As of 2023, the number of licensed cellular IoT connections was 3.5 billion, which is expected to reach 5.8 billion by 2030.
Number of licensed cellular Internet of Things (IoT) connections worldwide from 2021 to 2030
(in billions)
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GSMA . (February 23, 2024). Number of licensed cellular Internet of Things (IoT) connections worldwide from 2021 to 2030 (in billions) [Graph]. In Statista. Retrieved October 16, 2024, from https://www.statista.com/statistics/1403316/global-licensed-cellular-iot-connections/
GSMA . "Number of licensed cellular Internet of Things (IoT) connections worldwide from 2021 to 2030 (in billions)." Chart. February 23, 2024. Statista. Accessed October 16, 2024. https://www.statista.com/statistics/1403316/global-licensed-cellular-iot-connections/
GSMA . (2024). Number of licensed cellular Internet of Things (IoT) connections worldwide from 2021 to 2030 (in billions). Statista. Statista Inc.. Accessed: October 16, 2024. https://www.statista.com/statistics/1403316/global-licensed-cellular-iot-connections/
GSMA . "Number of Licensed Cellular Internet of Things (Iot) Connections Worldwide from 2021 to 2030 (in Billions)." Statista, Statista Inc., 23 Feb 2024, https://www.statista.com/statistics/1403316/global-licensed-cellular-iot-connections/
GSMA , Number of licensed cellular Internet of Things (IoT) connections worldwide from 2021 to 2030 (in billions) Statista, https://www.statista.com/statistics/1403316/global-licensed-cellular-iot-connections/ (last visited October 16, 2024)
Number of licensed cellular Internet of Things (IoT) connections worldwide from 2021 to 2030 (in billions) [Graph], GSMA , February 23, 2024. [Online]. Available: https://www.statista.com/statistics/1403316/global-licensed-cellular-iot-connections/