The cellular Internet of Things (IoT) market is expected to reach 5.3 billion connections in 2030. With about 3.85 billion connections in 2030, the Asia Pacific region is expected to be the leading market.
Number of licensed cellular Internet of Things (IoT) connections in 2023, by region
(in billions)
Characteristic
Number of connections in billions
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GSMA . (February 23, 2024). Number of licensed cellular Internet of Things (IoT) connections in 2023, by region (in billions) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1403324/global-licensed-cellular-iot-connections-region/
GSMA . "Number of licensed cellular Internet of Things (IoT) connections in 2023, by region (in billions)." Chart. February 23, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1403324/global-licensed-cellular-iot-connections-region/
GSMA . (2024). Number of licensed cellular Internet of Things (IoT) connections in 2023, by region (in billions). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1403324/global-licensed-cellular-iot-connections-region/
GSMA . "Number of Licensed Cellular Internet of Things (Iot) Connections in 2023, by Region (in Billions)." Statista, Statista Inc., 23 Feb 2024, https://www.statista.com/statistics/1403324/global-licensed-cellular-iot-connections-region/
GSMA , Number of licensed cellular Internet of Things (IoT) connections in 2023, by region (in billions) Statista, https://www.statista.com/statistics/1403324/global-licensed-cellular-iot-connections-region/ (last visited July 22, 2024)
Number of licensed cellular Internet of Things (IoT) connections in 2023, by region (in billions) [Graph], GSMA , February 23, 2024. [Online]. Available: https://www.statista.com/statistics/1403324/global-licensed-cellular-iot-connections-region/