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© GSMA Intelligence
CONNECTIVITY OF INTERNET OF THINGS (IoT)
20192018 2020 2021 20242022 2023 2025
8
17
25
21
9
30
25
10
35
28
10
38
31
11
42
33
12
45
34
13
47
34
14
48
IoT connectivity revenue ($ billion)
Licensed cellular IoT Other connectivity
Licensed cellular IoT :
cellular M2M provided over existing 2G, 3G, 4G, and 5G networks plus
licensed LPWA, which includes NB-IoT and LTE-M.
Other connectivity :
unlicensed LPWA, dedicated fixed line (revenues from consumer
or enterprise broadband not included) and others such as satellite connectivity.
As of 2020, cellular M2M forms
the bulk of connectivity revenues
and will continue to do so until 2025.
Licensed cellular IoT represents
approximately 5% of the total
IoT revenues by 2025.
forest-interactive.com

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Connectivity of Internet of Things

  • 1. © GSMA Intelligence CONNECTIVITY OF INTERNET OF THINGS (IoT) 20192018 2020 2021 20242022 2023 2025 8 17 25 21 9 30 25 10 35 28 10 38 31 11 42 33 12 45 34 13 47 34 14 48 IoT connectivity revenue ($ billion) Licensed cellular IoT Other connectivity Licensed cellular IoT : cellular M2M provided over existing 2G, 3G, 4G, and 5G networks plus licensed LPWA, which includes NB-IoT and LTE-M. Other connectivity : unlicensed LPWA, dedicated fixed line (revenues from consumer or enterprise broadband not included) and others such as satellite connectivity. As of 2020, cellular M2M forms the bulk of connectivity revenues and will continue to do so until 2025. Licensed cellular IoT represents approximately 5% of the total IoT revenues by 2025. forest-interactive.com