OEM automotive is instead the largest vertical, accounting for 96 million units, ahead of transport & logistics at 76 million units and utilities representing 68 million units
Berg Insight has published its annual database covering the 450 largest cellular IoT deployments identified as part of the company’s IoT market research activities since 2004. The list includes various types of projects and product categories deployed across all IoT verticals 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 349 million active cellular IoT subscriptions”, said Rickard Andersson, Principal Analyst, Berg Insight. He added that this corresponds to as much as 22.3 percent of the total number of cellular IoT connections worldwide at the end of 2019. The 450 projects on the list are in the coming years forecasted to grow to 752 million units by 2024, corresponding to an overall compound annual growth rate (CAGR) of 16.6 percent.
“More than 70 deployments on the list have surpassed 1 million subscriptions and the top-10 projects alone account for over 118 million units”, continued Mr. Andersson. Transport & logistics is the largest vertical in terms of the number of projects that made the top list, followed by retail, aftermarket automotive, utilities, buildings & security, OEM automotive, healthcare and industrial.
When comparing the number of active subscriptions represented by each vertical for the entries in the top-450 list, Berg’s numbers say that OEM automotive is instead the largest vertical, accounting for 96 million units, ahead of transport & logistics at 76 million units and utilities representing 68 million units.
Related Articles
Smarter Social Distancing with Sentrius BT710 –
Wearable, battery-powered device automates and simplifies social distancingCOVID-19 has forced governments and companies around the world to seek ways to limit infection transmission and safeguard public health. Among the most common approaches to preventing...
Qualcomm: Transforming enterprise and industry with 5G private networks
5G private networks are non-public networks isolated physically or virtually from public networks, using different hardware, virtual machines, or network-slices. The first 3GPP standard for 5G NR, Release 15 – focused on enhanced mobile broadband (eMBB) for...
Audio delivery to connected automobiles is revolutionising the in-car audio experience
"Audio delivery to connected automobiles is revolutionizing the in-car audio experience" - SAR Insight Research company SAR Insight has been looking at the automotive sector, and observes that the significant growth of connected vehicles and internet accessibility...
Stay Up to Date With The Latest News & Updates
Our Sponsors
Incisor.TV partners with leading organisations in the technology sector.
Follow Us
And stay up to date with our news! We are active across the key social media platforms – please do follow us!
0 Comments