Cellular IoT Market: 2025-2030

Cellular IoT: Latest GSMA eSIM Standard Critical to 6.5 billion Connections Globally by 2030

The Cellular IoT research suite provides operators, mobile virtual network operators (MVNOs), and connectivity service providers with extensive analysis and actionable insights into the evolving cellular IoT market. It contains data that enables stakeholders in the market to make informed decisions on their business strategies in the cellular IoT market; covering the development of key disruptive services in the cellular IoT market such as telecommunications Application Programming Interfaces (APIs), satellite or non-terrestrial networks (NTNs), quantum security, eSIMs and iSIMs, and private networks, as well as AI services in cellular IoT such as natural language interfaces, AI inferencing, and AI data analytics.

By reading this report, the audience will benefit from analysis and recommendations on business strategies for the monetisation of cellular IoT; looking at key network technologies such as 5G and Low-Power Wide-Area (LPWA), in addition to how operators and connectivity service providers can begin to expand their business models and offerings to position themselves as technology providers in the market. It also explores the development of business models such as connectivity-as-a-service, and how operators and connectivity service providers can benefit most from these models.

The report includes a Country Readiness Index, providing insight and analysis into which cellular IoT markets will experience the greatest growth over the next five years; allowing stakeholders to effectively understand the current and future status of more than 60 different cellular IoT markets.

The market forecast includes several different options that can be purchased separately, including access to data mapping and a forecast document, a strategy and trends document detailing critical trends in the market, and strategic recommendations for monetising and innovating services in the cellular IoT market.,

The research suite includes a Competitor Leaderboard, containing analysis and market sizing for 15 leading cellular IoT vendors, who each provide platforms for managing cellular IoT connectivity.

Collectively, the suite provides a critical tool for understanding the cellular IoT market.  Allowing operators, MVNOs, connectivity service providers, and other stakeholders in the market to optimise their future business strategies and product or service development; providing them with a competitive advantage over their rivals.

Key Features

• Market Dynamics: Insight into key trends and opportunities in the cellular IoT market, such as the development of NTN connectivity, new AI services, and eSIMs. It also includes strategic analysis of how initiatives such as telecommunications APIs and the push for greater security within cellular IoT can be capitalised on by stakeholders in the market.
• Key Takeaways & Strategic Recommendations: In-depth analysis of key development opportunities and findings within the cellular IoT market, accompanied by strategic recommendations for operators, and other stakeholders in the market, seeking to increase their average revenue per connection or diversify their business models.
• Benchmark Industry Forecast: The suite provides five-year forecasts for the global cellular IoT market; providing data for the number of cellular IoT connections, connectivity revenue from cellular IoT, data generated by cellular IoT connections, number of cellular IoT modules shipped, total expenditure on cellular IoT modules, and total cellular IoT market value.
• Research Competitor Leaderboard: Key player capability and capacity assessment for 15 key vendors in the cellular IoT market, with market sizing and detailed analysis of each vendor’s offering.

Key Statistics

• 4.1 billion: Total number of cellular IoT connections in 2025
• 6.5 billion: Total number of cellular IoT connections in 2030
• $31 billion: Total cellular IoT connectivity revenue in 2030
• 2025-2030 Forecast period

Market Data & Forecasting Report

The market-leading research for the Cellular IoT market includes access to the full set of forecast data; comprising more than 106,000 datapoints and 170 tables.

Metrics in the research suite include:

• Number of Cellular IoT Connections
• Connectivity Revenue from Cellular IoT
• Data Generated by Cellular IoT
• Number of Cellular IoT Modules Shipped
• Expenditure on Cellular IoT Modules
• Total Cellular IoT Market Value 

Splits are provided for each of these metrics for 2G and 3G, 4G, 5G, and LPWA, with LPWA split into Narrowband Internet of Things (NB-IoT), and Long Term Evolution for Machines (LTE-M), and 5G split into Other 5G and 5G RedCap. 

Interactive Forecast Excel contains the following functionality:

• Statistics Analysis: Users benefit from the ability to search for specific metrics, displayed for all regions and countries across the data period. Graphs are easily modified and can be exported to the clipboard.
• Country Data Tool: This tool enables users to look at metrics for all regions and countries in the forecast period. Users can refine the metrics displayed via a search bar.
• Country Comparison Tool: Users can select and compare specific countries. The ability to export graphs is included in this tool.
• What-if Analysis: Here, users can compare forecast metrics against their own assumptions, via three interactive scenarios.

Market Trends & Strategies Report

This report thoroughly examines the global Cellular IoT market; assessing market trends, technological developments, and monetisable opportunities which are shaping the market presently and in the future. Alongside this analysis, the document provides a comprehensive evaluation of business strategies in the cellular IoT market; exploring how operators, MVNOs, and connectivity service providers can introduce new monetisation models and technologies into the cellular IoT market.

Competitor Leaderboard Report

The Competitor Leaderboard included in this report provides detailed evaluation and market positioning for 15 cellular IoT vendors. These companies are positioned as established leaders, leading challengers, or disruptors and challengers, based on a capacity, capability, and product assessment. This includes analysis of their key advantages in the market, future development plans, and key partnerships.

The cellular IoT Competitor Leaderboard includes the following key vendors:

• AT&T
• China Mobile
• Cisco
• Deutsche Telekom
• emnify
• Eseye
• Huawei
• KORE Wireless
• Orange Business
• Tata Communications
• Telefónica Tech
• Telit Cinterion
• Verizon
• Vodafone Business
• Wireless Logic

This report is particularly useful for operators, IoT vendors, and technology providers looking to understand the growth and key trends in the cellular IoT market. It offers valuable insights for companies involved in mobile technology, IoT management, and those aiming to capitalise on the potential of cellular IoT connectivity and monetisation.