IoT: the next wave of connectivity and services
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GSMA Intelligence is today publishing its forecast dataset outlining IoT connections growth for the period 2010–2025.
GSMA Intelligence forecasts that the total number of IoT connections (cellular and non-cellular) globally will reach 25.2 billion in 2025, up from 6.3 billion in 2017. The size of the market will almost quadruple over the forecast period.
While IoT is rapidly becoming a mainstream technology in consumer markets such as consumer electronics and smart home, the industrial IoT segment will be the largest source of connections growth going forward.
The report “IoT: the next wave of connectivity and services” outlines our definitions, key assumptions and forecast methodology.
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