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The 450 Largest Cellular IoT Projects Worldwide – 4th Edition

The 450 Largest Cellular IoT Projects Worldwide – 4th Edition

  • December 2020
  • ID: 5999251
  • Format: PDF
  • Berg Insight AB

Summary

The 450 largest cellular IoT deployments in the world together account for 348.7 million units

Berg Insight presents the fourth edition of its unique list comprising the 450 largest cellular IoT deployments identified as part of the company’s on-going world-class IoT market research activities. The extensive list includes various types of projects and product categories across all types of vertical markets including OEM automotive, aftermarket automotive, transport & logistics, utilities, infrastructure, buildings & security, retail, industrial, consumer electronics, healthcare and other. The database includes project size and geographical distribution by the end of 2019 as well as a 5-year forecast for each individual project.

The projects included in the top-450 list together account for approximately 348.7 million active cellular IoT connections. This corresponds to as much as 22.3 percent of the total number of IoT connections worldwide at the end of 2019. More than 70 deployments on the list have surpassed 1 million units and the top- 10 projects account for more than 118 million units. Transport & logistics is the largest vertical in terms of the number of projects on the top list, followed by retail, aftermarket automotive, utilities, buildings & security, OEM automotive, healthcare and industrial. When comparing the number of active units represented by each vertical for the entries in the top-450 list, OEM automotive is instead the largest vertical, accounting for 95.9 million units, ahead of transport & logistics at 76.2 million units and utilities representing 67.6 million units.

The North American and European markets represent 95.4 million units and 85.5 million units respectively of the active M2M/IoT units across all verticals on the top list. The Rest of World market furthermore accounts for 145.0 million units. The 450 projects on the top list are in the coming five years forecasted to grow from an aggregate total of 348.7 million units to represent 751.6 million units globally by 2024. This corresponds to an overall compound annual growth rate (CAGR) of 16.6 percent.

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