Global Cellular IoT Market: 2024-2028

Table of Contents

Market Trends & Strategies

1. Key Trends & Strategic Recommendations

• 1.1. Key Takeaways
• 1.2. Strategic Recommendations

2. Market Outlook

• 2.1. Introduction
  • Figure 2.1: Total Number of Cellular IoT Devices (m), 2023-2028
• 2.2. Key Cellular IoT Market Developments
  • 2.2.1. Innovation in Thermoelectricity Powered IoT
  • 2.2.2. Guidelines Developed for Single-Nanometre Magnetic Tunnel Junctions
    • Figure 2.2: MTJ Structure
  • 2.2.3. 3GPP Release 18
    • Figure 2.3: 3GPP Release Schedule for Release 18 and Release 19
  • 2.2.4. 3GPP Release 19
• 2.3. Key Networks for Cellular IoT
  • Figure 2.4: Total Number of Cellular IoT Devices, Split by Network Technology (m), 2023-2028
  • 2.3.1. 4G LTE Networks
    • Figure 2.5: Total Number of 4G Cellular IoT Devices (m), 2023-2028
  • 2.3.2. 5G Networks
    • Figure 2.6: Total Number of 5G Cellular IoT Devices (m), Split by 8 Key Regions, 2023-2028
    • Table 2.7: 5G Cellular IoT Use Cases
  • 2.3.3. LPWA Networks
    • Figure 2.8: Total Number of LPWA Connections (m), Split by 8 Key Regions, 2023-2028
    • Figure 2.9: Cellular LPWA Network Launches Map, 2023
    • i. NB-IoT
    • ii. LTE-M
      • Figure 2.10: Key LTE-M Use Cases

3. Key Monetisable Opportunities

• 3.1. Key Monetisable Opportunities in Cellular IoT
  • 3.1.1. 3GPP Releases RedCap
    • Table 3.1: RedCap Capabilities
  • 3.1.2. Digital Twins in Cellular IoT
    • eSIMs and eUICC (Embedded Universal Integrated Circuit Card)
    • i. GSMA Releases New eSIM Specification for Constrained IoT
    • Figure 3.2: New GSMA eSIM Architecture for IoT Devices
  • 3.1.3. Federated Learning in Cellular IoT
    • Figure 3.3: The Process of Federated Learning
    • Table 3.4: Federated Learning Client Selection Methods
  • 3.1.4. Satellite Connectivity
    • Table 3.5: Key Satellite Categories for NTNs
    • Figure 3.6: IoT Satellite Use Cases
    • i. 3GPP Release 17 Satellite Network Specifications
    • ii. 3GPP Release 18
    • iii. CubeSat and Nanosatellites
      • Table 3.7: Types of SmallSats
      • Figure 3.8: CubeSat Units
  • 3.1.5. System Integrators
  • 3.1.6. Quantum-backed Security for Cellular IoT
    • Figure 3.9: Graphical Representation of a Quantum Bit with a Bloch Sphere
      • i. Quantum Cryptography for Cellular IoT
      • ii. Integrating Quantum Security into IoT Management Platforms
      • iii. Quantum-resistant Cryptography

4. Country Readiness Index

• 4.1. Cellular IoT Country Readiness Index
  • Figure 4.1: Juniper Research's 8 Key Regions
  • Table 4.2: Cellular IoT: Country Readiness Index Scoring Criteria
  • Figure 4.3: Juniper Research Cellular IoT Country Readiness Index
• 4.2. Regional Analysis
  • 4.2.1. North America
    • Figure 4.4: Total Number of Cellular IoT Devices (m), Split by Country, 2023-2028
    • i. The US
      • Figure 4.5: Total Operator Cellular IoT Revenue in the US ($m), 2023-2028
  • 4.2.2. Latin America
    • Figure 4.6: Total Revenue from Cellular IoT in Latin America ($m), 2023-2028
  • 4.2.3. West Europe
    • Figure 4.7: Total Number of Cellular IoT Devices in West Europe (m), Split by SIM Type, 2024
  • 4.2.4. Central & East Europe
    • Figure 4.8: Total Operator Revenue from Cellular IoT in Central & East Europe ($m), Split by Country, 2023-2028
    • Figure 4.9: Total Number of Cellular IoT Devices in Central & East Europe (m), 2023-2028
  • 4.2.5. Far East & China
    • Figure 4.10: Total Operator Revenue from Cellular IoT Far East & China ($m), Split by 4 Key Countries, 2023-2028
    • Figure 4.11: Total Number of 5G and LPWA Cellular IoT Devices in Far East & China (m), Split by 5G and LPWA Networks, 2023-2028
    • i. China
      • Figure 4.12: Total Number of Cellular IoT Devices in China (m), 2023-2028
      • Figure 4.13: Total Operator Revenue from Cellular IoT in China ($m), 2023-2028
  • 4.2.6. Indian Subcontinent
    • Figure 4.14: Total Number of Cellular IoT Connections in Indian Subcontinent (m), Split by 4 key Countries 2023-2028
    • Figure 4.15: Total Operator Revenue from Cellular IoT in Indian Subcontinent ($m), 2023-2028
  • 4.2.7. Rest of Asia Pacific
    • Figure 4.16: Total Number of Cellular IoT Devices in Rest of Asia Pacific (m), 2023-2028
    • Figure 4.17: Total Operator Revenue from Cellular IoT in Rest of Asia Pacific ($m), 2023-2028
  • 4.2.8. Africa & Middle East
    • Figure 4.18: Total Cellular IoT Modules Shipped in Africa & Middle East (m), 2023-2028
    • Figure 4.19: Total Number of LPWA Cellular IoT Devices (m), 2023-2028
    • i. Saudi Arabia
      • Figure 4.20: Total Number of Cellular IoT Devices in Saudi Arabia (m), 2023-2028
      • Table 4.21: Cellular IoT Heatmap, North America
      • Table 4.22: Cellular IoT Heatmap, Latin America
      • Table 4.23: Cellular IoT Heatmap, West Europe
      • Table 4.24: Cellular IoT Heatmap, Central & East Europe
      • Table 4.25: Cellular IoT Heatmap, Far East & China
      • Table 4.26: Cellular IoT Heatmap, Indian Subcontinent
      • Table 4.27: Cellular IoT Heatmap, Rest of Asia Pacific
      • Table 4.28: Cellular IoT Heatmap, Africa & Middle East

Competitor Leaderboard

1. Juniper Research Competitor Leaderboard

• 1.1. Why Read This Report
  • Table 1.1: Juniper Research Competitor Leaderboard: Vendors & Product Portfolios (Part One)
  • Table 1.2: Juniper Research Competitor Leaderboard: Vendors & Product Portfolios (Part Two)
  • Figure 1.3: Juniper Research Competitor Leaderboard: Cellular IoT
  • Table 1.4: Juniper Research Competitor Leaderboard: Vendors & Positioning
  • Table 1.5: Juniper Research Competitor Leaderboard Heatmap: Cellular IoT (1 of 2)
  • Table 1.6: Juniper Research Competitor Leaderboard Heatmap: Cellular IoT (2 of 2)

2. Vendor Profiles

• 2.1. Vendor Profiles
  • 2.1.1. AT&T
    • i. Corporate Information
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
      • Figure 2.1: AT&T Control Centre Features
• v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 2.1.2. AWS (Amazon Web Services)
    • i. Corporate Information
    • ii. Geographical Spread
      • Figure 2.2: Amazon Web Service Infrastructure Deployments Map, 2023
    • iii. Key clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 2.1.3. BICS
    • i. Corporate Information
    • ii. Geographical Spread
      • Figure 2.3: BICS Global Network Presence Map
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 2.1.4. Cisco
    • i. Corporate Information
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 2.1.5. Deutsche Telekom Global Carrier
    • i. Corporate Information
      • Table 2.4: Deutsche Telekom's Global Carrier Select Financial Information (Billion)
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
      • Figure 2.5: Deutsche Telekom Cloud of Things Features and Services
    • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 2.1.6. Huawei
    • i. Corporate
      • Table 2.6: Huawei's Select Financial Information ($m), 2019-2022
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
      • Figure 2.7: Huawei IoT Device Management
    • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 2.1.7. iBASIS
    • i. Corporate
    • ii. Geographical Spread
      • Figure 2.8: iBASIS' Global Customer Connections
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 2.1.8. Kore Wireless
    • i. Corporate Information
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
      • Figure 2.9: Kore One Platform
    • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 2.1.9. Microsoft
    • i. Corporate Information
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 2.1.10. Oracle
    • i. Corporate Information
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 2.1.11. Orange Business Services
    • i. Corporate Information
    • ii. Geographical Spread
      • Figure 2.10: Orange Operations Map
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research's View: Key Strengths & Strategic Partnerships
  • 2.1.12. PTC
    • i. Corporate Information
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
      • Figure 2.11: ThingWorx
    • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 2.1.13. Tata Communications
    • i. Corporate Information
      • Table 2.12: Tata Communications' Select Financial Information (Indian Rupee in crore), FY20-22
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 2.1.14. Telefonica Global Solutions
    • i. Corporate
      • Table 2.13: Telefonica's Select Financial Information (Euro m), 2020-2022
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 2.1.15. Tele2 IoT
    • i. Corporate Information
      • Table 2.14: Tele2's Select Financial Information (SEK M), 2020-2022
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
      • Figure 2.15: Tele2's 2ACCESS Data Transfer Management
    • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 2.1.16. Telit Cinterion
    • i. Corporate Information
      • Table 2.16: Telit Cinterion's Select Financial Information ($m), 2020-2021
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 2.1.17. Verizon
    • i. Corporate Information
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 2.1.18. Vodafone Business
    • i. Corporate Information
      • Table 2.17: Vodafone Business' Select Financial Information (Euro m), FY 2022-2023
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
      • Figure 2.18: Vodafone Business' LPWA Services Availability
    • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
• 2.2. Juniper Research Leaderboard Assessment Methodology
• 2.3. Limitations & Interpretations
  • Table 2.19: Juniper Research Competitor Leaderboard: Cellular IoT

Data & Forecasting

1. Introduction and Methodology

• 1.1. Introduction & Forecast Methodology
  • Figure 1.1: Total Number of Cellular IoT Devices (m), Global, 2023-2028
• 1.2. Cellular IoT Forecast Methodology
  • Figure 1.2: Cellular IoT Forecast Methodology

2. Market Summary and Future Market Outlook

• 2.1. Total Number of Cellular IoT Connections
  • Figure & Table 2.1: Total Number of Cellular IoT Connections (m), Split by 8 Key Regions, 2023-2028
• 2.2. Total Operator Revenue from Cellular IoT Connections
  • Figure & Table 2.2: Total Operator Revenue from Cellular IoT Connections ($m), Split by 8 Key Regions, 2023-2028
• 2.3. Total Data Generated by Cellular IoT Connections
  • Figure & Table 2.3: Total Data Generated by Cellular IoT Connections (PB), Split by 8 Key Regions, 2023-2028
• 2.4. Total Cellular IoT Modules Shipped
  • Figure & Table 2.4: Total Cellular IoT Modules Shipped (m), Split by 8 Key Regions, 2023-2028
  • Table 2.5: Total Expenditure on Cellular IoT Modules Shipped ($m), 2023-2028

3. 2G & 3G IoT

• 3.1. Total 2G & 3G IoT Connections
  • Figure & Table 3.1: Total 2G and 3G IoT Connections (m), Split by 8 Key Regions, 2023-2028
• 3.2. Total Operator Revenue from 2G and 3G IoT Connections
  • Figure & Table 3.2: Total Operator Revenue From 2G and 3G IoT Connections ($m), Split by 8 Key Regions, 2023-2028
  • Table 3.3: Proportion of Cellular IoT Connections That Are 2G and 3G (%), Split by 8 Key Regions, 2023-2028

4. 4G IoT

• 4.1. Total Number of 4G Cellular IoT Connections
  • Figure & Table 4.1: Total Number of 4G Cellular IoT Connections (m), Split by 8 Key Regions, 2023-2028
• 4.2. Total Operator Revenue from 4G Cellular IoT
  • Figure & Table 4.2: Total Operator Revenue from 4G Cellular IoT ($m), Split By Key Regions, 2023-2028
• 4.3. Total Data Generated by 4G Cellular IoT
  • Figure & Table 4.3: Total Data Generated by 4G Cellular IoT (PB), Split by 8 Key Regions, 2023-2028
• 4.4. Total Number of 4G Cellular IoT Modules Shipped
  • Figure & Table 4.4: Total Number of 4G Cellular IoT Modules Shipped (m), Split by 8 Key Regions, 2023-2028
  • Table 4.5: Total Expenditure on 4G Cellular IoT Modules Shipped ($m), Split by Key Regions, 2023-2028

5. 5G IoT

• 5.1. Total Number of 5G IoT Connections
  • Figure & Table 5.1: Total Number of 5G IoT Connections (m), Split by 8 Key Regions, 2023-2028
• 5.2. Total Operator Revenue from 5G IoT Connections
  • Figure & Table 5.2: Total Operator Revenue From 5G IoT Connections ($m), Split by 8 Key Regions, 2023-2028
• 5.3. Total Data Generated by 5G IoT Connections
  • Figure & Table 5.3: Total Data Generated by 5G IoT Connections (PB), Split by 8 Key Regions, 2023-2028
• 5.4. Total Number of 5G Cellular IoT Modules Shipped
  • Figure & Table 5.4: Total Number of 5G Cellular IoT Modules Shipped (m), Split By 8 Key Regions, 2023-2028
  • Table 5.5: Total Expenditure on 5G Cellular IoT Modules Shipped ($m), Split by 8 Key Regions, 2023-2028

6. LPWA IoT

• 6.1. Total Number of LPWA IoT Connections
  • Figure & Table 6.1:Total Number of LPWA IoT Connections (m), Split by 8 Key Regions, 2023-2028
• 6.2. Total Operator Revenue from LPWA Cellular IoT Connections
  • Figure & Table 6.2: Total Operator Revenue from LPWA Cellular IoT Connections ($m), Split by 8 Key Regions, 2023-2028
• 6.3. Total Data Generated by LPWA Cellular IoT Connections
  • Figure & Table 6.3: Total Data Generated by LPWA Cellular IoT Connections (PB), Split by 8 Key Regions, 2023-2028
• 6.4. Total Number of LPWA IoT Modules Shipped
  • Figure & Table 6.4: Total Number of LPWA IoT Modules Shipped (m), Split by 8 Key Regions, 2023-2028
  • Table 6.5: Total Expenditure on LPWA IoT Modules Shipped ($m), Split by 8 Key Regions, 2023-2028