New insights from Omdia into 5G technology predict that 5G RedCap (‘Reduced Capability’) will grow at a compound annual growth rate of 66%, reaching 963.5 million connections by 2030. These projections emphasise the increasing impact of 5G technology on IoT…
Juniper Research shows revenue from IoT roaming to rise to $2.2bn
A recent study by Juniper Research has revealed that operator revenue from IoT roaming is expected to rise from $1.1 billion in 2024 to $2.2 billion by 2029. This comprehensive report highlights that while 5G IoT devices will make up…
Smart meters projected to double over a decade, according to Transforma
IoT analyst firm Transforma Insights has projected that the global number of smart meters will increase from 1.7 billion in 2023 to 3.4 billion by 2033, at which point the market is expected to generate annual revenues of $40 billion.…
3,300 IoT startups identified by IoT Analytics
IoT Analytics, in its recently released IoT Startup Landscape 2024 Report and Database, has identified over 3,300 IoT startups for 2024. Geographically, North America continues to be a leading region, accounting for 36% of these startups, while the Asia-Pacific region…