The Global M2M/IoT Communications Market - 9th Edition

Table of Contents

Table of Contents

List of Figures

Executive Summary

1. Wide Area Networks for the Internet of Things

• 1.1. 3GPP family of cellular technologies
  • 1.1.1. 3GPP Release 13 - Introducing LTE-M and NB-IoT
  • 1.1.2. 3GPP Release 14 - IoT enhancements and C-V2X
  • 1.1.3. 3GPP Release 15 - The first phase of 5G specifications
  • 1.1.4. 3GPP Release 16 - URLLC enhancements, IIoT features and 5G NR C-V2X
• 1.1.5.. 3GPP Release 17 - RedCap and non-terrestrial network communications
  • 1.1.6. 3GPP Release 18 - The first 5G-Advanced specifications
  • 1.1.7. Network footprint
  • 1.1.8. 2G/3G mobile networks
  • 1.1.9. 4G mobile networks
  • 1.1.10. 4G/5G mobile IoT networks (LTE-M and NB-IoT)
  • 1.1.11. 5G mobile networks
• 1.2. LPWA and satellite technologies
  • 1.2.1. LoRa
  • 1.2.2. Sigfox
  • 1.2.3. Satellite networks
• 1.3. IoT networking platforms
  • 1.3.1. IoT connectivity management platforms
  • 1.3.2. SIM solutions and embedded UICC
• 1.4. International coverage and alliances
  • 1.4.1. Roaming and international coverage
  • 1.4.2. Mobile operator alliances

2. Europe

• 2.1. Regional market trends
  • 2.1.1. Western Europe
  • 2.1.2. Central and Eastern Europe
• 2.2. Mobile operators
  • 2.2.1. A1. Telekom Austria
  • 2.2.2. Altice Group
  • 2.2.3. Bouygues Telecom
  • 2.2.4. BT Group
  • 2.2.5. CK Hutchison Group Telecom
  • 2.2.6. Deutsche Telekom
  • 2.2.7. KPN
  • 2.2.8. Manx Telecom
  • 2.2.9. MegaFon
  • 2.2.10. MTS
  • 2.2.11. Orange
  • 2.2.12. POST Luxembourg
  • 2.2.13. Proximus
  • 2.2.14. Tele2
  • 2.2.15. Telecom Italia
  • 2.2.16. Telefonica
  • 2.2.17. Telenor
  • 2.2.18. Telia Company
  • 2.2.19. Vodafone
• 2.3. IoT managed service providers
  • 2.3.1. 1GLOBAL
  • 2.3.2. 1NCE
  • 2.3.3. 1oT
  • 2.3.4. Airnity
  • 2.3.5. BICS
  • 2.3.6. Com4 (Wireless Logic)
  • 2.3.7. Cubic Telecom
  • 2.3.8. CSL Group
  • 2.3.9. emnify
  • 2.3.10. Eseye
  • 2.3.11. floLIVE
  • 2.3.12. Freeeway
  • 2.3.13. Giesecke+Devrient
  • 2.3.14. iBASIS
  • 2.3.15. Onomondo
  • 2.3.16. Pelion
  • 2.3.17. Velos IoT
  • 2.3.18. Wireless Logic
• 2.4. LPWA networks
  • 2.4.1. LoRa networks
  • 2.4.2. Sigfox and network partners

3. The Americas

• 3.1. Regional market trends
  • 3.1.1. United States and Canada
  • 3.1.2. Brazil
  • 3.1.3. Rest of Latin America
• 3.2. Mobile operators
  • 3.2.1. AT&T
  • 3.2.2. Bell
  • 3.2.3. Verizon
  • 3.2.4. T-Mobile USA
  • 3.2.5. Rogers Communications
  • 3.2.6. TELUS
  • 3.2.7. America Movil
  • 3.2.8. Vivo and Telefonica Hispam
  • 3.2.9. Other mobile operators in Latin America
• 3.3. IoT managed service providers
  • 3.3.1. Aeris
  • 3.3.2. Blues
  • 3.3.3. Hologram
  • 3.3.4. KORE Wireless
  • 3.3.5. Semtech
  • 3.3.6. Telit Cinterion
• 3.4. LPWA networks
  • 3.4.1. LoRaWAN networks
  • 3.4.2. Sigfox and network partners

4. Asia-Pacific

• 4.1. Regional market trends
  • 4.1.1. China
  • 4.1.2. Japan and South Korea
  • 4.1.3. Australia and New Zealand
  • 4.1.4. India
  • 4.1.5. Southeast Asia
• 4.2. Mobile operators
  • 4.2.1. China Mobile
  • 4.2.2. China Unicom
  • 4.2.3. China Telecom
  • 4.2.4. KDDI
  • 4.2.5. KT
  • 4.2.6. NTT
  • 4.2.7. Singtel
  • 4.2.8. SK Telecom
  • 4.2.9. SoftBank
  • 4.2.10. Telstra
  • 4.2.11. Vodafone Idea
• 4.3. IoT managed service providers
  • 4.3.1. Plintron
  • 4.3.2. Quectel
  • 4.3.3. Soracom
  • 4.3.4. Tata Communications
• 4.4. LPWA networks
  • 4.4.1. LoRa networks
  • 4.4.2. Sigfox networks

5. Middle East & Africa

• 5.1. Regional market trends
  • 5.1.1. Middle East
  • 5.1.2. Africa
• 5.2. Mobile operators
  • 5.2.1. e&
  • 5.2.2. MTN
  • 5.2.3. Ooredoo
  • 5.2.4. Turkcell
  • 5.2.5. Vodacom
  • 5.2.6. Zain
• 5.3. IoT managed service providers
  • 5.3.1. Flickswitch
• 5.4. LPWA networks
  • 5.4.1. LoRa networks
  • 5.4.2. Sigfox networks

6. Satellite IoT Communications

• 6.1. Introduction to satellite IoT networks
• 6.2. Market analysis
• 6.3. Satellite IoT operator market shares
• 6.4. European satellite operators
  • 6.4.1. Astrocast
  • 6.4.2. Eutelsat Group
  • 6.4.3. Kineis
  • 6.4.4. Lacuna Space
  • 6.4.5. Sateliot
  • 6.4.6. Additional satellite connectivity providers
• 6.5. North American satellite operators
  • 6.5.1. Globalstar
  • 6.5.2. Iridium
  • 6.5.3. Kepler Communications
  • 6.5.4. Ligado Networks
  • 6.5.5. Lynk
  • 6.5.6. Orbcomm
  • 6.5.7. Skylo
  • 6.5.8. Starlink (SpaceX)
  • 6.5.9. Viasat (Inmarsat)
  • 6.5.10. Additional satellite connectivity providers
• 6.6. Chinese satellite operators
  • 6.6.1. CASC and CASIC
  • 6.6.2. Commsat
  • 6.6.3. Galaxy Space
  • 6.6.4. Head Aerospace
  • 6.6.5. Additional satellite connectivity providers
• 6.7. Rest of World satellite operators
  • 6.7.1. Innova Space
  • 6.7.2. Myriota
  • 6.7.3. Sky and Space Company
  • 6.7.4. Thuraya
  • 6.7.5. Additional satellite connectivity providers

7. Market Forecasts and Trends

• 7.1. Industry trends
  • 7.1.1. Top ten mobile operators manage 2.9 billion cellular IoT subscribers
  • 7.1.2. IoT revenues continue to grow slower than connections
  • 7.1.3. IoT managed service providers connect 200+ million cellular devices
  • 7.1.4. The international connectivity segment is evolving
  • 7.1.5. New entrants disrupt distribution channels
  • 7.1.6. IoT MVNOs are driving consolidation in the IoT connectivity market
  • 7.1.7. Mobile operators partner with satellite IoT players to extend coverage
• 7.2. Geographic markets
  • 7.2.1. Global market summary
  • 7.2.2. Europe
  • 7.2.3. North America
  • 7.2.4. Latin America
  • 7.2.5. Asia-Pacific
  • 7.2.6. Middle East & Africa
• 7.3. Vertical markets
  • 7.3.1. Connected cars on the rise
  • 7.3.2. Data consumption of connected cars will grow significantly
  • 7.3.3. Motor-powered two-wheeler telematics adoption picks up speed
  • 7.3.4. Telematics giants increasingly dominate the fleet management industry
  • 7.3.5. The opportunity to create smarter and safer cities
  • 7.3.6. Smart metering turns to new LPWA options for deployments in the 2020s
  • 7.3.7. Asset tracking to drive the second wave of LPWA deployments
  • 7.3.8. Connected healthcare reaches the masses
  • 7.3.9. Steady uptake of cellular connectivity in the POS terminal market
  • 7.3.10. Home energy and EV charging solutions to become new volume segments
• 7.4. Technology trends
  • 7.4.1. Cellular technologies dominate wireless IoT
  • 7.4.2. NB-IoT uptake is growing on a project-by-project basis
  • 7.4.3. RedCap will accelerate the adoption of 5G in IoT
  • 7.4.4. Distributed core networks facilitate global IoT connectivity services
  • 7.4.5. Private cellular to grow from a niche into a substantial market
  • 7.4.6. eSIM adoption is gathering pace
• List of Acronyms and Abbreviations

List of Figures

• Figure 1.1: Comparison of LTE Cat-1, LTE Cat-1 bis, LTE-M and NB-IoT specifications
• Figure 1.2: Comparison of RedCap and eRedCap specifications
• Figure 1.3: Technology positioning of RedCap in relation to eMBB, URLLC and mMTC
• Figure 1.4: The number of LTE-M and NB-IoT networks (World 2018-2023)
• Figure 1.5: Select Sigfox network operators by country
• Figure 1.6: MSS operator data services and coverage
• Figure 1.7: IoT connectivity management platform by mobile operator (Q4-2023)
• Figure 1.8: Comparison between traditional SIM and eUICC lifecycle models
• Figure 1.9: Mobile operator M2M/IoT alliances (Q2-2024)
• Figure 2.1: Europe cellular IoT connectivity market data (Q4-2023)
• Figure 2.2: Western Europe cellular IoT connectivity market data (Q2-2023)
• Figure 2.3: Germany cellular IoT connectivity market data (2019-2023)
• Figure 2.4: Italy cellular IoT connectivity market data (2019-2023)
• Figure 2.5: UK & Ireland cellular IoT connectivity market data (2019-2023)
• Figure 2.6: France cellular IoT connectivity market data (2019-2023)
• Figure 2.7: Spain & Portugal cellular IoT connectivity market data (2019-2023)
• Figure 2.8: Benelux cellular IoT market connectivity data (2019-2023)
• Figure 2.9: Nordics cellular IoT market connectivity data (2019-2023)
• Figure 2.10: Sweden cellular IoT data traffic and revenues (2020-2023)
• Figure 2.11: Central & Eastern Europe cellular IoT connectivity market data (Q2-2023)
• Figure 2.12: Russia cellular IoT market data (2019-2023)
• Figure 2.13: T-IoT Hub platform integrations
• Figure 2.14: Orange cellular IoT subscribers by country (2018-2023)
• Figure 2.15: Telefonica cellular IoT connections by country (2018-2023)
• Figure 2.16: Financial data for Telenor Connexion (2022-2023)
• Figure 2.17: Telia Company IoT subscribers by country (2019-2023)
• Figure 2.18: IoT managed service providers in Europe by installed base (Q4-2023)
• Figure 2.19: Eseye's SMARTconnect solution
• Figure 2.20: Eseye's Infinity IoT Connectivity Management Platform
• Figure 2.21: The floCONTROL dashboard
• Figure 2.22: Public LoRaWAN network operators in Europe (Q2-2024)
• Figure 2.23: Sigfox network operators in Europe (Q2-2024)
• Figure 3.1: The Americas cellular IoT connectivity market data (Q4-2023)
• Figure 3.2: US cellular IoT connectivity market data (2019-2023)
• Figure 3.3: Brazil cellular IoT market connectivity data (2019-2023)
• Figure 3.4: Estimated number of IoT subscribers in Latin America ex. Brazil (2023)
• Figure 3.5: Telefonica cellular IoT connections in Latin America by country (2019-2023)
• Figure 3.6: IoT managed service providers in North America by installed base (2023)
• Figure 3.7: Public LoRaWAN network operators in the Americas (Q2-2024)
• Figure 3.8: Amazon Sidewalk network coverage
• Figure 3.9: Total onboarded Helium LoRaWAN gateways
• Figure 3.10: Sigfox network operators in the Americas (Q2-2024)
• Figure 4.1: Asia-Pacific cellular IoT connectivity market data (Q4-2023)
• Figure 4.2: China cellular IoT connectivity market data (2019-2023)
• Figure 4.3: Japan cellular IoT connectivity market data (2019-2023)
• Figure 4.4: Cellular IoT subscribers by application category (South Korea, Q4-2023)
• Figure 4.5: China Mobile IoT business KPIs (2019-2023)
• Figure 4.6: China Unicom IoT business KPIs (2019-2023)
• Figure 4.7: China Telecom IoT business KPIs (2019-2023)
• Figure 4.8: Telstra IoT business KPIs (2018-2023)
• Figure 4.9: IoT managed service providers in Asia-Pacific by installed base (2023)
• Figure 4.10: Public LoRaWAN network operators in Asia-Pacific (Q2-2024)
• Figure 4.11: Sigfox network operators in Asia-Pacific (Q2-2024)
• Figure 5.1: Middle East & Africa cellular IoT connectivity market data (Q2-2023)
• Figure 5.2: Turkey cellular IoT market connectivity data (2019-2023)
• Figure 5.3: Vodacom IoT business KPIs (FY2020-FY2024)
• Figure 5.4: Public LoRaWAN network operators in Middle East & Africa (Q2-2024)
• Figure 5.5: Sigfox network operators in Middle East & Africa (Q2-2024)
• Figure 6.1: The main satellite orbits
• Figure 6.2: Satellite network operators by IoT subscriber base (Q4-2023)
• Figure 7.1: Top 10 mobile operators by IoT connections (World Q4-2023)
• Figure 7.2: Top mobile operators by IoT connectivity revenues (World 2023)
• Figure 7.3: Top 10 IoT managed service providers by IoT connections (Q4-2023)
• Figure 7.4: Merger & acquisition activity in the IoT connectivity market (2018-2024)
• Figure 7.5: Announced satellite IoT partnerships
• Figure 7.6: Key regional markets for cellular IoT (Q4-2023)
• Figure 7.7: Monthly ARPU data for cellular IoT by country (2023)
• Figure 7.8: Cellular IoT connections forecast, by region (World 2022-2028)
• Figure 7.9: Cellular IoT connectivity revenue forecast, by region (World 2022-2028)
• Figure 7.10: Cellular IoT connections forecast, by vertical (Europe 2022-2028)
• Figure 7.11: Cellular IoT connectivity revenue forecast, by vertical (Europe 2022-2028)
• Figure 7.12: Cellular IoT connections forecast, by vertical (NA 2022-2028)
• Figure 7.13: Cellular IoT connectivity revenue forecast, by vertical (NA 2022-2028)
• Figure 7.14: Cellular IoT connections forecast, by vertical (LATAM 2022-2028)
• Figure 7.15: Cellular IoT connectivity revenue forecast, by vertical (LATAM 2022-2028)
• Figure 7.16: Cellular IoT connections forecast, by vertical (APAC 2022-2028)
• Figure 7.17: Cellular IoT connectivity revenue forecast, by vertical (APAC 2022-2028)
• Figure 7.18: Cellular IoT connections forecast, by vertical (MEA 2022-2028)
• Figure 7.19: Cellular IoT connectivity revenue forecast, by vertical (MEA 2022-2028)
• Figure 7.20: Cellular IoT connections forecast, by vertical (World 2022-2028)
• Figure 7.21: Cellular IoT connectivity revenue forecast, by vertical (World 2022-2028)
• Figure 7.22: Top five cellular IoT connectivity providers for connected cars (Q4-2023)
• Figure 7.23: Average annual data consumption per connected car (World 2023-2028)
• Figure 7.24: Top 25 international providers of fleet management solutions (Q4-2022)
• Figure 7.25: Cellular IoT connections by network technology (World 2022-2028)
• Figure 7.26: Non-cellular IoT connections by technology (World 2022-2028)
• Figure 7.27: Cost comparison between high-speed 4G LTE modules and 5G modules
• Figure 7.28: eSIM shipments (World 2018-2023)