Strategy Analytics: Cellular IoT Connections to reach 3.5 Billion by 2030
Summary
Strategy Analytics expects similar connection growth rates in 2021, with the pandemic highlighting the need for investment in telehealth, especially remote patient monitoring, and diagnostics. Andrew Brown, Executive Director of Enterprise and IoT Research at Strategy Analytics, said “The adoption of 5G will likely happen in different stages in the largest markets, with eMBB (enhanced Mobile Broadband) reaching mass adoption first, uRLLC (ultra-Reliable and Low Latency Communication) gaining traction soon afterward, and mMTC (massive Machine Type Communication) showing the longest tail. Adoption will be determined not only by application needs, but by the availability of 5G chipsets, the speed and coverage of 5G network deployments, as well as the evolution of regulations. Our multi-discipline capabilities include: industry research advisory services, customer insights, user experience design and innovation expertise, mobile consumer on-device tracking and business-to-business consulting competencies. With domain expertise in: smart devices, connected cars, intelligent home, service providers, IoT, strategic components and media, Strategy Analytics can develop a solution to meet your specific planning need.