The automotive sector is forecast to have the most cellular IoT connections in 2025, with a projected 25 percent share of total cellular IoT connections worldwide. The growing popularity of autonomous vehicles and the enabling 5G mobile technology are some of the contributing factors.
Forecast of cellular IoT connections share worldwide in 2025, by vertical industry
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Strategy Analytics. (December 16, 2019). Forecast of cellular IoT connections share worldwide in 2025, by vertical industry [Graph]. In Statista. Retrieved December 06, 2024, from https://www.statista.com/statistics/443164/cellular-m2m-and-iot-market-revenue-forecast-in-the-us/
Strategy Analytics. "Forecast of cellular IoT connections share worldwide in 2025, by vertical industry." Chart. December 16, 2019. Statista. Accessed December 06, 2024. https://www.statista.com/statistics/443164/cellular-m2m-and-iot-market-revenue-forecast-in-the-us/
Strategy Analytics. (2019). Forecast of cellular IoT connections share worldwide in 2025, by vertical industry. Statista. Statista Inc.. Accessed: December 06, 2024. https://www.statista.com/statistics/443164/cellular-m2m-and-iot-market-revenue-forecast-in-the-us/
Strategy Analytics. "Forecast of Cellular Iot Connections Share Worldwide in 2025, by Vertical Industry." Statista, Statista Inc., 16 Dec 2019, https://www.statista.com/statistics/443164/cellular-m2m-and-iot-market-revenue-forecast-in-the-us/
Strategy Analytics, Forecast of cellular IoT connections share worldwide in 2025, by vertical industry Statista, https://www.statista.com/statistics/443164/cellular-m2m-and-iot-market-revenue-forecast-in-the-us/ (last visited December 06, 2024)
Forecast of cellular IoT connections share worldwide in 2025, by vertical industry [Graph], Strategy Analytics, December 16, 2019. [Online]. Available: https://www.statista.com/statistics/443164/cellular-m2m-and-iot-market-revenue-forecast-in-the-us/