Cellular IoT: Market Forecasts, Strategies & Opportunities 2022-2026

• Key Takeaways & Strategic Recommendations: Comprehensive insight into the key trends and challenges facing the cellular IoT market; aligned with Juniper Research’s strategic recommendations for market stakeholders.
• Future Market Outlook: A thorough evaluation of the market, including the impact of sunsetting legacy networks, the growth of cellular technologies and the future of LPWA (low‑power wide area) solutions
• Future Monetisation Model Analysis: An evaluation of future models and key services that will place market stakeholders in the best position to monetise services. Analysis includes:
  • Edge Computing
  • Embedded SIMs
  • Future Private Network Models
• Market Forecasts & Key Takeaways: Scenario-based market forecasts for the adoption of services, revenue, generated data and shipments of IoT modules. Forecasts are split by 53 countries, including:
  • Argentina
  • Australia
  • Austria
  • Bangladesh
  • Belgium
  • Brazil
  • Canada
  • Chile
  • China
  • Colombia
  • Croatia
  • Czech Republic
  • Denmark
  • Egypt
  • Finland
  • France
  • Germany
  • Hong Kong
  • Hungary
  • India
  • Indonesia
  • Israel
  • Italy
  • Japan
  • Kenya
  • Malaysia
  • Mexico
  • Nepal
  • Netherlands
  • New Zealand
  • Nigeria
  • Norway
  • Pakistan
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Qatar
  • Romania
  • Russia
  • Saudi Arabia
  • Singapore
  • South Africa
  • South Korea
  • Spain
  • Sweden
  • Thailand
  • Turkey
  • UK
  • Ukraine
  • United Arab Emirates
  • US
  • Vietnam

1. How will cellular IoT technologies develop over the next 5 years?
2. What will the key strategies be for cellular IoT deployments?
3. How will 5G impact the cellular IoT market?
4. What is the future of low power IoT technologies?
5. What strain will the growth of cellular IoT place on operators’ networks?

Juniper Research’s comprehensive Cellular IoT Strategies forecast suite includes: 

• Cellular IoT
  • Connections, splits by 2G/3G, 4G, 5G, LPWA.
  • Revenue, splits by 2G/3G, 4G, 5G, LPWA.
  • Module Shipments, splits by 2G/3G, 4G, 5G, LPWA.
• Data Generated by Connections, splits by 2G/3G, 4G, 5G, LPWA.
• Access to the full set of forecast data of 70 tables and 22,300 datapoints.
• Interactive Excel Scenario tool allowing users the ability to manipulate Juniper Research’s data for 3 different metrics.

Geographical splits: 53 countries

Harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform enabling clients to better understand key data trends and manipulate charts and tables, overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and get alerted whenever your data is updated.

Interactive Excels (IFxl): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the Interactive Scenario Tool and compare selected markets side by side in customised charts and tables. IFxls greatly increase a clients’ ability to both understand a particular market and to integrate their own views into the model.

• Juniper Research predicts that LPWA solutions, such as NB-IoT and LTE-M, will be the fastest-growing cellular IoT technologies over the next four years. The low cost of both connectivity and hardware will drive adoption for remote monitoring in key verticals, such as agriculture, smart cities and manufacturing. In turn, LPWA connections are expected to grow 1,200% over the next four years.
• Operators must migrate IoT connections on legacy networks to networks that support LPWA technologies. Demand from enterprises for low-cost monitoring technologies, enabled by LPWA networks, will increase as these legacy networks are shut off over the next four years.
• Conversely, 5G IoT services will generate $9 billion of revenue by 2026; rising from $800 million in 2021. This represents a growth of 1,000% over the next five years as 5G coverage expands and operators benefit from the increased number of 5G IoT connections. To capitalise on this growth, operators must offer value-added services, such as network slicing and edge computing, to IoT users to maximise the value of 5G adoption.