Report Overview

Juniper Research’s Cellular IoT report provides a comprehensive evaluation of the market, including strategic recommendations for operators and IoT platforms for the growth of cellular IoT services.

It also contains comprehensive forecasts for connections, revenue and module shipments split across all technologies.

This research suite includes:

  • Strategy & Forecasts (PDF)
  • 5-year Market Sizing & Forecast Spreadsheet (Excel)
  • 12 months’ access to harvest online data platform
Key Market Statistics
Market size in 2022: $31.6bn
Market size in 2026: $61.9bn
2022 to 2026 CAGR: 18.18%

  Buy Full Research Suite - Immediate access to all the above only £2990.

Read more...

Key Features

  • 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

Key Questions Answered

  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?

Companies Referenced

Mentioned: Alibaba, Cisco, Deutsche Telekom, EE, Greyp Bikes, GSMA, Hrvatski Telecom, IBM, O2, Orange, SoftBank, Telecom Italia, Three, Vodafone, Volvo, WhatsApp.
 

Data & Interactive Forecast

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

  • 5-year benchmark forecasts for robocalling metrics by 8 key regions and 53 country-level splits 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
  • 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.

Juniper Research’s highly granular IFxls (Interactive Excels) enable clients to manipulate Juniper Research’s forecast data and charts to test their own assumptions using the interactive scenario tool and compare select markets side by side in customised charts and tables. IFxls greatly increase clients’ ability to both understand a particular market and to integrate their own views into the model.
 

Forecast Summary

Juniper Research has found that the global value of the cellular IoT market will reach $61 billion by 2026; rising from $31 billion in 2022. It identified the growth of 5G and cellular LPWA technologies as key to this 95% increase over the next four years.
  • 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.

Cellular IoT Reports

Date
Price

Full Research Suite

  • Market trends, strategies and forecasts report (pdf)
  • Market data & forecasts - All topic data and interactivity (xls)
  • harvest market data platform (12 months’ online access) - find out more

Click here for more information and purchase options

Feb 2022

$3947

€3588

£2990

PDF Report & Excel

  • Market trends, strategies and forecasts report (pdf)
  • Market data & forecasts - All topic data and interactivity (xls)

Click here for more information and purchase options

Feb 2022

$2970

€2700

£2250

Research Details

Publisher:
Juniper Research
Published:
14/02/2022
Author(s):
Charles Bowman, Sam Barker
Category:
Operators & Providers
Regions:
8 Key Regions - includes North America, Latin America, West Europe, Central & East Europe, Far East & China, Indian Subcontinent, Rest of Asia Pacific and Africa & Middle East
Countries:
Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Croatia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Israel, Italy, Japan, Kenya, South Korea, Malaysia, Mexico, Nepal, Netherlands, New Zealand, Nigeria, Norway, Pakistan, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russian Federation, Saudi Arabia, Singapore, South Africa, Spain, Sweden, Thailand, Turkey, United Arab Emirates, UK, USA, Vietnam