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The Global Wireless M2M/IoT Market

  • ID: 4793302
  • Report
  • Region: Global
  • 300 Pages
  • Berg Insight AB
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An In-Depth Analysis and Unique Insights into the Global Wireless M2M/IoT Market: The Global M2M/IoT Communications Market – 4th Edition and Cellular and LPWA IoT Device Ecosystems – 3rd Edition

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  • Com4
  • Intel
  • Nordic Semiconductor
  • Sierra Wireless
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A Complete Set of Two Unique Reports - Offering In-Depth Analysis and Unique Insights into the Global Wireless M2M/IoT Market:

The Global M2M/IoT Communications Market-4th Edition
Cellular and LPWA IoT Device Ecosystems – 3rd Edition

The Global M2M/IoT Communications Market analyses the latest trends and developments in cellular IoT and low power wireless networking. This strategic research report provides you with 180 pages of unique business intelligence including 5-year industry forecasts and expert commentary on which to base your business decisions.

Highlights from the report:

  • 360-degree overview of the cellular IoT communications ecosystem.
  • Update on the adoption of NB-IoT and LPWA standards for M2M/IoT networking.
  • Reviews of the IoT strategies of leading mobile operators.
  • Summary of industry trends in all world regions.
  • IoT business KPIs for leading global mobile operators.
  • Statistical data on cellular IoT subscribers in all world regions.
  • Extensive global and regional market forecasts lasting until 2023.

Cellular and LPWA IoT Device Ecosystems give a comprehensive overview of the main wide area networking technologies for the Internet of Things – 2G/3G/4G/5G cellular, LoRa, Sigfox, and 802.15.4 WAN. This strategic research report provides you with 120 pages of unique business intelligence including 5-year industry forecasts and expert commentary on which to base your business decisions.

Highlights from the report:

  • 360-degree overview of the main IoT wide area networking ecosystems.
  • Comparison of technologies and standards.
  • Updated profiles of the main suppliers of IoT chipsets and modules.
  • Cellular IoT module market data for 2018.
  • Early adoption trends for emerging LPWA technologies.
  • Cellular and non-cellular LPWA IoT device market forecast until 2023.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • A1 Telekom Austria
  • Com4
  • Intel
  • Nordic Semiconductor
  • Sierra Wireless
  • Thingstream
  • MORE

The Global M2M/IoT Communications Market-4th Edition

Table of Contents

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 V2X
1.1.3  3GPP Release 15 and 16 – 5G Phase 1 and 2
1.1.4  Network footprint
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 Eastern Europe
2.1.3  Russia & CIS
2.2  Mobile operators
2.2.1  Vodafone
2.2.2  Deutsche Telekom
2.2.3 Orange
2.2.4  Telefónica
2.2.5  Telenor
2.2.6  3 Group Europe
2.2.7  A1 Telekom Austria
2.2.8  Altice Europe
2.2.9  Bouygues Telecom
2.2.10  BT Group
2.2.11  JT Group
2.2.12  KPN
2.2.13  Megafon
2.2.14  MTS
2.2.15  POST Luxembourg
2.2.16  Proximus
2.2.17  Telecom Italia
2.2.18  Telia Company
2.2.19  Tele2
2.2.20  UtilityConnect
2.3  IoT managed service providers
2.3.1  1NCE
2.3.2  1oT
2.3.3 Arkessa
2.3.4  Arm ISG
2.3.5  BICS
2.3.6  Com4
2.3.7  Cubic Telecom
2.3.8  EMnify
2.3.9  Eseye
2.3.10  Freeeway
2.3.11  iBASIS
2.3.12  Matooma
2.3.13  Sierra Wireless
2.3.14  Thingstream
2.3.15  Transatel
2.3.16  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  Verizon
3.2.3  T-Mobile USA
3.2.4 Sprint
3.2.5  Rogers Communications
3.2.6  América Móvil
3.2.7  Vivo and Telefónica Latin America
3.2.8  Other mobile operators in Latin America
3.3  IoT managed service providers
3.3.1  Aeris
3.3.2  KORE Wireless
3.3.3  Twilio
3.4  Satellite networks
3.4.1  Orbcomm
3.4.2  Inmarsat
3.4.3  Iridium
3.4.4  Globalstar
3.5  LPWA networks
3.5.1  LoRa networks
3.5.2  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  Softbank
4.2.5  NTT Docomo
4.2.6  KDDI
4.2.7  SK Telecom
4.2.8  KT
4.2.9  Telstra
4.2.10  Singtel
4.2.11  Vodafone Idea
4.3  IoT managed service providers
4.3.1  Plintron
4.3.2  Soracom
4.3.3  Tata Communications
4.3.4  Unlimit
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  Etisalat
5.2.2 MTN
5.2.3  Ooredoo
5.2.4  Turkcell
5.2.5  Vodacom
5.2.6  Zain
5.3  LPWA networks

6  Market forecasts and trends
6.1  Industry trends
6.1.1  Top ten mobile operators achieve 1 billion cellular IoT subscribers
6.1.2  IoT revenues continue to grow slower than connections
6.1.3  IoT managed service providers connect 40+ million cellular devices
6.1.4  International carriers enter the cellular IoT market
6.1.5  New entrants disrupt distribution channels
6.2  Geographic markets
6.2.1  Global market summary
6.2.2 Europe
6.2.3  North America
6.2.4  Latin America
6.2.5  Asia-Pacific
6.2.6  Middle East & Africa
6.3  Vertical markets
6.3.1  Connected cars on the rise
6.3.2  Telematics giants increasingly dominate the fleet management industry
6.3.3  Smarter grids and safer cities
6.3.4  Industry 4.0 gains momentum
6.3.5  Connected healthcare reaches the masses
6.4  Technology trends
6.4.1  Cellular technologies dominate wireless IoT
6.4.2  The 2G-era is coming to an end
6.4.3  China leads the adoption of NB-IoT
6.4.4  5G will have a limited short-term impact on IoT
6.4.5  Cloud platforms are becoming the centre of gravity for IoT

Glossary

List of Figures

Figure 1.1: Comparison of LTE MTC enhancements in 3GPP Release 14
Figure 1.2: LTE-M network availability (Q4-2018)
Figure 1.3: NB-IoT network availability (Q4-2018)
Figure 1.4: Examples of network operators deploying LoRaWAN
Figure 1.5: Sigfox network operators by country
Figure 1.6: MSS operator data services and coverage
Figure 1.7: MNO IoT connectivity management platform, by vendor (Q4-2018)
Figure 1.8: Mobile operator M2M/IoT alliances (Q4-2018)
Figure 2.1: Europe cellular IoT connectivity market data (Q4-2018)
Figure 2.2: Western Europe cellular IoT connectivity market data (Q2-2018)
Figure 2.3: Germany cellular IoT connectivity market data (2016/2017)
Figure 2.4: Italy cellular IoT connectivity market data (2016–2018)
Figure 2.5: France cellular IoT connectivity market data (2014–2018)
Figure 2.6: UK cellular IoT connectivity market data (2013–2017)
Figure 2.7: Spain & Portugal cellular IoT connectivity market data (2014–2018)
Figure 2.8: Benelux cellular IoT market connectivity data (2014–2018)
Figure 2.9: Nordics cellular IoT market connectivity data (2014–2018)
Figure 2.10: Sweden cellular IoT data traffic and revenues (2014–2018)
Figure 2.11: Central Eastern Europe cellular IoT connectivity market data (Q2-2018)
Figure 2.12: Russia & CIS cellular IoT market connectivity data (2014–2018)
Figure 2.13: Vodafone Group IoT business KPIs (FY2016-FY2019)
Figure 2.14: Orange cellular IoT subscribers by country (2015–2018)
Figure 2.15: Telefónica IoT business KPIs (2015–2018)
Figure 2.16: Telefónica IoT subscribers by country (2015–2018)
Figure 2.17: Financial data for Telenor Connexion (2011–2017)
Figure 2.18: A1 Telekom Austria IoT subscribers by country (2016–2018)
Figure 2.19: KPN IoT business KPIs (2016–2018)
Figure 2.20: Telia Company IoT subscribers by country (2017–2018)
Figure 2.21: IoT managed service providers in Europe by installed base (2018)
Figure 2.22: Public LoRaWAN network operators in Europe (2018)
Figure 2.23: Sigfox network operators in Europe (2018)
Figure 3.1: The Americas cellular IoT connectivity market data (Q4-2018)
Figure 3.2: US cellular IoT connectivity market data (2014–2018)
Figure 3.3: Brazil cellular IoT market connectivity data (2016–2018)
Figure 3.4: Estimated number of IoT subscribers in Latin America ex. Brazil (2018)
Figure 3.5: Telefónica IoT subscribers in Latin America by country (2015–2018)
Figure 3.6: Satellite network operators by IoT subscriber base (Q4-2018)
Figure 3.7: LPWA network operators in the Americas (Q4-2018)
Figure 4.1: Asia-Pacific cellular IoT connectivity market data (Q4-2018)
Figure 4.2: China cellular IoT connectivity market data (2016–2018)
Figure 4.3: Japan cellular IoT connectivity market data (2014–2018)
Figure 4.4: Cellular IoT subscribers by application category (South Korea, Q4-2018)
Figure 4.5: China Mobile IoT business KPIs (2016–2018)
Figure 4.6: China Unicom IoT business KPIs (2016–2018)
Figure 4.7: China Telecom IoT business KPIs (2016–2018)
Figure 4.8: Telstra IoT business KPIs (2016–2018)
Figure 4.9: Public LoRaWAN network operators in Asia-Pacific (2018)
Figure 4.10: Sigfox network operators in Asia-Pacific (2018)
Figure 5.1: Middle East & Africa cellular IoT connectivity market data (Q2-2018)
Figure 5.2: Turkey cellular M2M market connectivity data (2014–2018)
Figure 5.3: Vodacom IoT business KPIs (FY2016–FY2018)
Figure 5.4: LPWA network operators in Middle East & Africa (2018)
Figure 6.1: Top 10 mobile operators by reported IoT connections (World Q4-2018)
Figure 6.2: Top 5 mobile operators by reported IoT revenues (World 2018)
Figure 6.3: IoT managed service providers, by installed base (2018)
Figure 6.4: Key regional markets for cellular IoT (Q4-2018)
Figure 6.5: Monthly ARPU data for cellular IoT by country (2018)
Figure 6.6: Cellular IoT subscriber forecast, by region (World 2017–2023)
Figure 6.7: Cellular IoT network revenue forecast, by region (World 2017–2023)
Figure 6.8: Cellular IoT communication market forecast (Europe 2017–2023)
Figure 6.9: Cellular IoT communication market forecast (North America 2017–2023)
Figure 6.10: Cellular IoT communication market forecast (Latin America 2017–2023)
Figure 6.11: Cellular IoT communication market forecast (Asia-Pacific 2017–2023)
Figure 6.12: Cellular IoT communication market forecast (MEA 2017–2023)
Figure 6.13: Cellular IoT communication market forecast, by vertical (2017–2023)
Figure 6.14: Top five cellular IoT connectivity providers for connected cars (Q4-2018)
Figure 6.15: Cellular IoT connections by technology (World 2017–2023)
Figure 6.16: Non-cellular IoT connections by technology (World 2017–2023)

Cellular and LPWA IoT Device Ecosystems – 3rd Edition

Table of Contents

1  Wide area networks for the Internet of Things
1.1 Which things will be connected to wide area networks?
1.1.1 Utility meters
1.1.2 Motor vehicles
1.1.3 Buildings
1.1.4 Low value assets – Industry 4.0 and consumer products
1.1.5 Future opportunities in smart cities and agriculture
1.2 What are the technology options?
1.2.1 Network architectures
1.2.2 Unlicensed and licensed frequency bands
1.3 Which are the leading technology ecosystems?

2  3GPP ecosystem
2.1 Technology characteristics
2.1.1 3GPP Release 13 – Introducing LTE-M and NB-IoT
2.1.2 3GPP Release 14 – IoT enhancements and V2X
2.1.3 3GPP Release 15 and 16 – 5G Phase 1 and 2
2.1.4 Network footprint
2.1.5 2G mobile networks
2.1.6 3G/4G mobile networks
2.1.7 4G mobile IoT networks (LTE-M and NB-IoT)
2.1.8 5G networks
2.2 Semiconductor vendors
2.2.1 Altair Semiconductor
2.2.2 GCT Semiconductor
2.2.3 HiSilicon
2.2.4 Intel
2.2.5 MediaTek
2.2.6 Qualcomm
2.2.7 Samsung Electronics
2.2.8 Sanechips Technology
2.2.9 Sequans Communications
2.2.10 UNISOC (Unigroup Spreadtrum & RDA)
2.3 Module vendors
2.3.1 Cheerzing
2.3.2 Fibocom
2.3.3 Gemalto
2.3.4 Gosuncn WeLink
2.3.5 Neoway
2.3.6 Nordic Semiconductor
2.3.7 Quectel
2.3.8 Sierra Wireless
2.3.9 Sunsea AIoT (SIMCom & Longsung)
2.3.10 Telit
2.3.11 u-blox
2.3.12 Other cellular IoT module vendors

3 LoRa ecosystem
3.1 Technology characteristics
3.2 Network footprint
3.2.1 Europe
3.2.2 Asia-Pacific
3.2.3 The Americas
3.2.4 Middle East & Africa
3.3 Semiconductor and module vendors
3.3.1 Semtech
3.3.2 LoRa module vendors

4  Sigfox ecosystem
4.1 Technology characteristics
4.2 Network footprint
4.2.1 Europe
4.2.2 The Americas
4.2.3 Asia-Pacific
4.2.4 Middle East & Africa
4.2.5 Global satellite coverage planned in collaboration with Eutelsat
4.3 Chipset and module vendors
4.3.1 Chipset vendors
4.3.2 Sigfox module vendors

5  802.15.4 WAN ecosystem
5.1 Technology characteristics
5.1.1 IPv6 connectivity stacks based on 802.15.4
5.1.2 Wi-SUN
5.1.3 ZigBee
5.2 Network footprint
5.3 Chipsets and modules

6  Vertical market segments
6.1 Motor vehicles
6.1.1 OEM connected car applications
6.1.2 Aftermarket connected car applications
6.2 Energy & Infrastructure
6.2.1 Smart electricity metering
6.2.2 Smart gas and water metering
6.2.3 Smart cities
6.3 Industry & Transport
6.4 Other
6.4.1 Buildings & security
6.4.2 Consumer products
6.4.3 Payments

7  Market forecasts and trends
7.1 Market summary
7.2 3GPP family
7.2.1 Cellular IoT device market forecast
7.2.2 Europe
7.2.3 Americas
7.2.4 Asia-Pacific
7.2.5 Middle East & Africa  
7.3 LoRa
7.4 Sigfox
7.5 802.15.4 WAN

Glossary

List of Figures

Figure 1.1: Top wide-area IoT target segments (2018)
Figure 1.2: Building stock by category (EU/US 2017)
Figure 1.3: Unlicensed and reserved radio frequencies available for wireless IoT
Figure 2.1: Comparison of LTE MTC enhancements in 3GPP Release 14
Figure 2.2: LTE-M network availability (Q4-2018)
Figure 2.3: NB-IoT network availability (Q4-2018)
Figure 2.4: Top cellular module vendors, by revenues and shipments (World 2018)
Figure 2.5: Fibocom’s embedded cellular modules (Q2-2019)
Figure 2.6: Gemalto’s embedded cellular modules (Q2-2019)
Figure 2.7: Gosuncn WeLink’s embedded cellular modules (Q2-2019)
Figure 2.8: Neoway’s embedded cellular modules (Q2-2019)
Figure 2.9: Quectel’s embedded cellular modules (Q2-2019)
Figure 2.10: Sierra Wireless’ embedded cellular modules (Q2-2019)
Figure 2.11: SIMCom’s and Longsung’s embedded cellular modules (Q2-2019)
Figure 2.12: Telit’s embedded cellular modules (Q2-2019)
Figure 2.13: u-blox’s embedded cellular modules (Q2-2019)
Figure 3.1: LoRaWAN network architecture
Figure 3.2: Public LoRaWAN network operators in Europe (Q4-2018)
Figure 3.3: Public LoRaWAN network operators in Asia-Pacific (Q4-2018)
Figure 3.4: Public LoRaWAN network operators in the Americas (Q4-2018)
Figure 3.5: Public LoRaWAN network operators in Middle East & Africa (Q4-2018)
Figure 3.6: List of LoRa modules by vendor (Q2-2019)
Figure 4.1: Sigfox network architecture
Figure 4.2: Sigfox network partners in Europe (Q1-2019)
Figure 4.3: Sigfox networks in the Americas (Q1-2019)
Figure 4.4: Sigfox networks in Asia-Pacific and MEA (Q1-2019)
Figure 4.5: List of Sigfox module vendors by supported regions (Q1-2019)
Figure 5.1: Major 802.15.4 networking platforms for smart metering (2018)
Figure 6.1: OEM telematics attach rates in new vehicles, by region (2018/2023)
Figure 6.2: Projected smart meter penetration in key markets (2024)
Figure 7.1: Cellular/LPWA IoT device shipment forecast, by region (World 2017–2023)
Figure 7.2: Cellular/LPWA IoT device shipment forecast, by technology (2017–2023)
Figure 7.3: Cellular IoT device shipment forecast (World 2017–2023)
Figure 7.4: Cellular IoT device shipments, by network technology (World 2017–2023)
Figure 7.5: Cellular IoT device shipment forecast (Europe 2017–2023)
Figure 7.6: Cellular IoT device shipment forecast (Americas 2017–2023)
Figure 7.7: Cellular IoT device shipment forecast (Asia-Pacific 2017–2023)
Figure 7.8: Cellular IoT device shipment forecast (Middle East & Africa 2017–2023)
Figure 7.9: LoRa device shipments forecast (World 2017–2023)
Figure 7.10: Sigfox device shipments forecast (World 2017–2023)
Figure 7.11: 802.15.4 WAN device shipments forecast (World 2017–2023)  

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • A1 Telekom Austria
  • Com4
  • Intel
  • Nordic Semiconductor
  • Sierra Wireless
  • Thingstream
  • MORE

The Global M2M/IoT Communications Market-4th Edition

The publisher estimates that the global number of cellular IoT subscribers increased by 70 percent during 2018 to reach 1.21 billion at the end of the year – corresponding to around 13 percent of all mobile subscribers. Until 2023, the number of cellular IoT subscribers is forecasted to grow at a compound annual growth rate (CAGR) of 49.4 percent to reach 9.03 billion at the end of the period. During the same period, cellular IoT network revenues are forecasted to grow at a compound annual growth rate (CAGR) of 34.4 percent from € 6.7 billion in 2018 to approximately € 29.4 billion in 2023. Meanwhile, the monthly ARPU is expected to drop to € 0.27.

East Asia was the largest region with 848.0 million IoT subscribers at the end of 2018, far ahead of Western Europe and North America with 157.6 million and 111.7 million respectively. Altogether the main regions accounted for over 95 percent of the global installed base. Latin America, South Asia, Southeast Asia, and Russia & CIS had in the range of 19–32 million cellular IoT subscribers each, while Africa, Middle East, Central Eastern Europe, and Australia & Oceania were in the span 7–19 million.

China is the world’s largest market for cellular IoT connectivity services by volume. According to operator subscriber data, the installed base grew by 124 percent year-on-year to reach 767 million at the end of 2018. This corresponded to 63 percent of the global installed base. The spectacular numbers reported by the domestic mobile operators leave no doubt that China is leading the global adoption of massive IoT. The country has surpassed Europe and North America in terms of penetration rate – 54.7 IoT connections per 100 inhabitants at the end of 2018 – and is on track to reach 1 billion IoT connections during 2019. The Chinese government is actively driving adoption as a tool for achieving domestic and economic policy goals, at the same time as the private sector implements IoT technology to improve efficiency and drive innovation. The publisher believes that the role of the government is the main explanation for why China is ahead of the rest of the world in the adoption of IoT. Like other advanced economies, the country has widespread adoption of connected cars, fleet management, smart metering, asset monitoring and other traditional applications for cellular IoT.

It has also given rise to new consumer services enabled by connectivity like bike-sharing. The most distinctive characteristic of the Chinese IoT market is, however, the way that the government is systematically using new technology to implement its vision for urban life in the 21st century. China Mobile is the world’s largest provider of cellular IoT connectivity. At the end of 2018, the operator reported 551 million IoT connections and a year-on-year growth rate of 141 percent. China Unicom and China Telecom ranked second and third with 110 million and 106 million connections respectively. Vodafone ranked first among the Western operators and fourth overall with 81 million connections, followed by AT&T in fifth place with 51 million. Verizon, Deutsche Telekom, and Telefónica had in the range 25–35 million cellular IoT connections. Softbank/Sprint and Telenor were the last players in the top ten with 21 million and 17 million connections respectively. Year-on-year growth rates for the mentioned operators were in the span 20–35 percent, except for Softbank/Sprint that only grew 3 percent. 

IoT connectivity revenues are growing at a considerably slower rate than the number of connections. Berg Insight’s analysis of the IoT business KPIs released by mobile operators in different parts of the world suggests that global IoT revenues increased by around 19 percent during 2018, while the monthly APRU dropped by 30 percent. Excluding China, the trend was less dramatic with revenues growing by 16 percent and ARPU declining 7 percent. Indeed, there is a negative correlation between growth in connections and monthly ARPU as the bulk of net additions are cost-sensitive devices.

Verizon reported the highest IoT revenues of € 1.4 billion (US$ 1.6 billion) in 2018 and the highest monthly ARPU of an estimated € 3.65. Around 60 percent of sales derived from the Verizon Connect fleet management and telematics business. China Mobile ranked second with yearly IoT sales of € 964 million but had the lowest monthly ARPU of just € 0.21. Vodafone and AT&T were not far behind. Annual IoT revenues for the Vodafone group in 2018 were approximately € 830 million, with a monthly ARPU of € 0.82. AT&T does not report IoT revenues but is believed to have generated approximately € 750–800 million.

Cellular and LPWA IoT Device Ecosystems – 3rd Edition

The Internet of Things is weaving a new world wide web of interconnected objects. At the end of 2018, approximately 1.3 billion devices were connected to wide area networks based on cellular or LPWA technologies. The market is highly diverse and divided into multiple ecosystems. This report will focus on the four most prominent technology ecosystems for wide-area IoT networking – the 3GPP ecosystem of cellular technologies, the emerging LPWA technologies LoRa and Sigfox and the 802.15.4 ecosystem.

The 3GPP family of cellular technologies support the biggest ecosystem in wide-area IoT networking. The publisher estimates that the global number of cellular IoT subscribers increased by 70.0 percent during 2018 to reach 1.2 billion at the end of the year – corresponding to around 13.0 percent of all mobile subscribers. Yearly shipments of cellular IoT devices increased by 76.2 percent in 2018 to reach 651.9 million units. Growth was fuelled by an exceptional market expansion in China, where the installed base of cellular IoT connections increased by 124.1 percent year-on-year to reach 767.0 million at the end of 2018.

The cellular IoT technology landscape is in a phase of rapid transformation. Developments in China accelerate a global shift from 2G/3G to 4G technologies. As the initial focus for 5G will be high-bandwidth applications, Berg Insight believes that 4G will become the preferred platform for IoT in the foreseeable future. The move from 2G to 4G began in North America with 3G as an intermediate technology. The region has seen a rapid uptake of LTE CAT-1 since 2017 and CAT-M starting in 2018 at the same time as GPRS and CDMA are fading away. Europe began to see the adoption of LTE CAT-1 in 2018 and is now followed by an accelerated uptake of LTE-M and NB-IoT in 2019/2020. China is moving fast from GPRS to NB-IoT in the mass-market segment and cumulative NB-IoT shipments are expected to exceed 190 million units by the end of 2019. At the same time, there will also be a fast-growing demand for LTE CAT-1 and LTEM, as well as LTE CAT-3+. 2G and 3G will be in a steady decline in all developed markets with demand shifting to developing countries with limited availability of 4G networks. The Publisher expects that 5G will become commercially available for verticals such as automotive in 2020.

LoRa is gaining momentum as a global connectivity platform for IoT devices. According to Semtech, the global installed base of LoRa devices was approximately 87 million at the beginning of 2019. The first major volume application segments are smart gas and water metering, where LoRa’s low power consumption matches the requirements for long-life battery operation. LoRa is also gaining traction for the metropolitan area and local area IoT deployments as a platform for networking smart sensors in cities, buildings, manufacturing plants and similar. Semtech has stated that it generated in the range of US$ 78 million in revenues from LoRa chips in its financial year ending in January 2019 and expects to reach US$ 100–140 million in fiscal 2020. Berg Insight estimates that yearly shipments of LoRa devices were 36.3 million units in 2018. Until 2023, yearly shipments are forecasted to grow at a compound annual growth rate (CAGR) of 33.7 percent to reach 155.0 million units. While the Asia-Pacific region accounted for about 60 percent of total shipments in 2018, LoRa device shipments in Europe and North America are expected to scale into significant volumes in the coming years as early adopters move from pilots to large-scale deployments.

Sigfox has very ambitious plans for establishing the technology bearing the company’s name as the leading global platform for ultra-narrow band IoT networks. In order to meet its strategic goals, Sigfox must be able to break into entirely new mass-volume device segments and prove its capability to create value by adding connectivity to things that never communicated before. At the end of 2018, Sigfox reported 6.2 million connected devices. In a positive scenario where early trials ramp up to large-scale commercial deployments, Berg Insight forecasts that shipments of Sigfox devices will grow at a compound annual growth rate (CAGR) of 63.1 percent from 3.8 million units in 2018 to 43.9 million units by 2023.

802.15.4 WAN is an established connectivity platform for private wide-area wireless mesh networks used for applications such as smart metering. Faced with increasing competition from emerging LPWA standards, 802.15.4 WAN is however only expected to grow at a moderate rate in the coming years. Berg Insight forecasts that shipments of 802.15.4 WAN devices will grow at a compound annual growth rate (CAGR) of 19.3 percent from 19.3 million units in 2018 to 46.6 million units by 2023. Smart metering is expected to account for the bulk of demand. WiSUN is the leading industry standard for smart electricity metering networks in North America, with adoption also spreading to Asia-Pacific and Europe.

Note: Product cover images may vary from those shown
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  • A1 Telekom Austria
  • AT&T
  • Aeris
  • Altair Semiconductor
  • Altice Europe
  • América Móvil
  • Arkessa
  • Arm ISG
  • BICS
  • BT Group
  • Bouygues Telecom
  • Cheerzing
  • China Mobile
  • China Telecom
  • China Unicom
  • Com4
  • Cubic Telecom
  • Deutsche Telekom
  • EMnify
  • Eseye
  • Etisalat
  • Fibocom
  • Freeeway
  • GCT Semiconductor
  • Gemalto
  • Globalstar
  • Gosuncn WeLink
  • HiSilicon
  • Inmarsat
  • Intel
  • Iridium
  • JT Group
  • KDDI
  • KORE Wireless
  • KPN
  • KT
  • LPWA networks
  • LoRa networks
  • MTN
  • MTS
  • Matooma
  • MediaTek
  • Megafon
  • NTT Docomo
  • Neoway
  • Nordic Semiconductor
  • Ooredoo
  • Orange
  • Orbcomm
  • POST Luxembourg
  • Plintron
  • Proximus
  • Qualcomm
  • Quectel
  • Rogers Communication s
  • SK Telecom
  • Samsung Electronics
  • Sanechips Technology
  • Sequans Communications
  • Sierra Wireless
  • Sierra Wireless
  • Sigfox networks
  • Singtel
  • Softbank
  • Soracom
  • Sprint
  • Sunsea AIoT (SIMCom & Longsung)
  • T-Mobile USA
  • Tata Communications
  • Tele2
  • Telecom Italia
  • Telefónica
  • Telenor
  • Telia Company
  • Telit
  • Telstra
  • Thingstream
  • Transatel
  • Turkcell
  • Twilio
  • UNISOC (Unigroup Spreadtrum & RDA)
  • Unlimit
  • UtilityConnect
  • Verizon
  • Vivo and Telefónica
  • Vodacom
  • Vodafone
  • Vodafone Idea
  • Wi-SUN
  • Wireless Logic
  • Zain
  • ZigBee
  • iBASIS
  • u-blox
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6 of 5

The Internet of Things is very diverse. There are hundreds of different use cases, each with different dynamics. The starting point is to segment the market.

The analyst begins with a number of sectors: Automotive, Cities, Health, Industry, Home, Industrial, Energy, Retail and Consumer Electronics. Each of these sectors breaks down into a number of applications. In total across all sectors, the analyst examines around 150 separate applications. It is at this application level that they generate their IoT forecast. The analyst builds reliable data bottom-up. They take into consideration the current adoption rate, regulations, demographics, vertical-specific statistics, value chain structure, etc.

The rigorous data collection methods are based on first-hand and secondary sources. The analyst conducts many hundreds of executive interviews on a yearly basis with companies from all parts of the IoT value chain.  They talk to on a regular basis all major mobile operator groups and regulators as well as the chipset, module, and terminal vendors. They also interview many companies in each of the vertical markets.

 

 

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