What are you looking for?
Need help finding what you are looking for? Contact Us

PUBLISHER: Analysys Mason | PRODUCT CODE: 1211127

Cover Image

PUBLISHER: Analysys Mason | PRODUCT CODE: 1211127

IoT Forecast: Connections, Revenue and Technology Trends 2022-2031

PAGES: 18 Slides
DELIVERY TIME: 1-2 business days
PPTX, PDF and Excel (Single User License)
USD 7999

Add to Cart

"The expected growth rate in the number of IoT connections worldwide is lower than in our previous forecast because chipset shortages and supply-chain issues continued in 2022."

The total number of IoT connections worldwide will increase from 2.2 billion at the end of 2021 to 7.0 billion in 2031. The knock-on effects of the COVID-19 pandemic continue to disrupt the IoT market, but connections growth will continue to be in the double digits for most of the forecast period.

This report provides:

  • 10-year forecasts for the number of IoT connections and revenue, split by sector
  • analysis of technology trends including the number of 2G, 3G/4G, 5G, NB-IoT, LTE-M and 'other LPWA' connections and connectivity service revenue worldwide by application
  • an overview of the key industry sectors for IoT and their share of IoT connections and revenue
  • discussion about the longer-term impacts of the COVID-19 pandemic and which sectors are affected
  • data on the IoT revenue generated worldwide from hardware, applications and connectivity services.


Geographical coverageKey metrics

Regions modelled

  • Central and Eastern Europe (CEE)
  • China
  • Developed Asia-Pacific (DVAP)
  • Emerging Asia-Pacific excluding China (EMAP)
  • Latin America (LATAM)
  • Middle East and North Africa (MENA)
  • North America (NA)
  • Sub-Saharan Africa (SSA)
  • Western Europe (WE)
  • Revenue for the following value chain elements:
    • applications
    • connectivity services
    • IoT hardware
  • IoT connections worldwide and by region, by technology type:
    • 2G
    • 3G/4G
    • 5G
    • NB-IoT
    • LTE-M
    • 'other LPWA'
  • Connections and revenue, by sector:
    • automotive
    • finance
    • health
    • industries
    • smart cities
    • retail
    • smart buildings
    • utilities
    • agriculture
    • tracking

Table of Contents

  • Worldwide trends
  • Technology trends
  • Sector trends
  • Appendix
  • About the author and Analysys Mason
Have a question?

Jeroen Van Heghe

Manager - EMEA



Christine Sirois

Manager - Americas


Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!