IoT Analytics

🌐 The global 5G network infrastructure market reached $27.8 billion in 2023. Huawei secured a dominant position in 5G network infrastructure, followed by Ericsson and Nokia.   In our 5G IoT & Private 5G Market Report 2024–2030, we forecast this market to grow at 13.2% CAGR until 2030.   🔑 Analyst Opinion: One of the key trends we have observed is that private 5G technology is opening opportunities for established industrial giants and emerging service providers. On the one hand, companies like Siemens are entering the market with comprehensive full-stack private 5G solutions, leveraging their industrial expertise. On the other hand, firms such as Campus Genius are capitalizing on this space by offering 5G Core as a Service (5GaaS). This diversification is largely due to the varying scales of private 5G network infrastructure deployment across different organizations.   ➡️ Access the full report to see 5G IoT and private 5G revenue and shipment forecasts, top market players, use cases, and trends: https://lnkd.in/dneQUsu2   📄 See our latest blog about the State of Private 5G, including a market snapshot, regional leaders and market drivers, and the top 5 use cases here: https://lnkd.in/d_HPsnvq   Author: Satyajit Sinha #5G #Network #Infrastructure #technology #IoT

🔥 What CEOs discussed during Q3 2024 earnings calls 📈 Rising themes: 1️⃣ Practical AI applications – CEOs discussed using AI and automation to streamline processes more than quarters before, including predictive maintenance and digital twins. 2️⃣ Renewable energy sources – Solar and wind power ticked up in discussions, particularly in APAC. 3️⃣ Unpredictable IT outages – The worldwide outage this summer has executives discussing the mission criticality of their IT systems. 4️⃣ Elections and policy – As the US election approaches, discussions around it, policy, and the candidates have increased. 📉 Topics losing traction in Q3: 1️⃣ AI and generative AI – CEOs discussed general and generative AI less, but AI inched closer to being the most talked about topic. 2️⃣ NVIDIA and GPUs – Discussions around the top producer of data center GPUs have dropped, but CEOs still recognize the importance of NVIDIA’s GPUs. 3️⃣ Cloud providers – AWS and Azure both saw declines in Q3. This is based on keyword analysis of a comprehensive dataset of Q3 2024 earnings calls from 8,000+ leading US-listed firms. Delve further into these boardroom discussion trends: https://lnkd.in/dC3C7mhs Access the full report: https://lnkd.in/dfe_qNyx Author: Philipp Wegner, Principal Analyst at IoT Analytics #ceoinsights #marketresearch #earningscalls #boardroom #tech #AI #sustainability #elections #cloud

Why do industrial DataOps and other industrial connectivity technologies matter for digital transformation? ℹ They address some of the key challenges, such as data management and complexity. ℹ Manufacturers are in need of unified data management. ℹ DataOps is the fastest-growing industrial connectivity market. 🡪 🡪 Principal Analyst Anand Taparia shares some of the findings of his latest research on industrial connectivity: https://lnkd.in/esafniXp 🔑 Download a sample of the related market report: https://lnkd.in/eSXW9Gxm #industrialconnectivity #DataOps #technology #manufacturing #industrial

The state of private 5G in 2024 5 key takeaways: 1️⃣ Significant growth for 5G expected. Private 5G connections reached 1.28 million worldwide in 2023, representing about 5% of all 5G IoT connections. This number is expected to grow at a CAGR of 65.4% through 2030, eventually accounting for 13% of total 5G IoT connections globally. 2️⃣ China leads in private 5G deployments in 2023. By May 2022, China reported over 20,000 private 5G deployments, establishing itself as a global leader in private 5G adoption. 3️⃣ Europe is preparing for growth in private 5G adoption. As of May 2024, nine European countries have allocated dedicated frequencies for private 5G, accounting for more than half of all countries worldwide with such provisions. 4️⃣ Private 5G spending is expected to shift to services and software by 2030. In 2023, 55% of private 5G spending was allocated to network infrastructure, while the remaining budget went to managed services and orchestration software. By 2030, spending is expected to pivot, with a larger focus on services and software. 5️⃣ Non-industrial facilities dominated the private 5G market in 2023. Non-industrial facilities, including ports, stadiums, commercial buildings, warehouses, and airports, made up 75% of the global private 5G market in 2023. In contrast, industrial and manufacturing sites accounted for 23%. By 2030, non-industrial applications are forecasted to retain a majority share of 71%, while the industrial and manufacturing segment is projected to grow to 28%. 📃 Learn more about the state of private 5G and the top 5 private 5G use cases in our latest blog: https://lnkd.in/d_HPsnvq 🔑 Access the full report and accompanying case study and market model databases: https://lnkd.in/dneQUsu2 #5G #connectivity #tech

Celebrating 50,000 followers 🎉 As a token of gratitude, we're offering the latest report from our "What CEOs talked about" series for free. 🎯 Link: https://lnkd.in/d6Cmt3xb Thank you for your continued engagement. #IoT #IoTAnalytics #Milestone #celebration #giveaway

🏅 The top 10 most-adopted IoT use cases in 2024: 1️⃣ Process automation 2️⃣ Quality control and management 3️⃣ Energy monitoring 4️⃣ Real-time inventory management 5️⃣ Supply chain track and trace 6️⃣ Operations planning and scheduling 7️⃣ On-site facility track and trace 8️⃣ Asset performance optimization 9️⃣ Remote asset monitoring 🔟 Location tracking This ranking is based on our 418-page IoT Use Case Adoption Report 2024, which includes a survey of 200 enterprise end-users of IoT applications and includes IoT use case adoption rates, KPIs affected, use case spending, and challenges the end users face when implementing IoT use cases. Read more about these use cases and the benefits they have brought to adopters here: https://lnkd.in/gsDknxfM Access the full report to learn more about … here: https://lnkd.in/dKuiX4zb Author: Dimitrios Paraskevopoulos #IoT #usecases #processautomation #qualitycontrol #energymanagement …

📈 The state of IoT 2024: 18.8 billion connected IoT devices globally! ➢ The number of connected IoT devices is expected to grow 13% to 18.8 billion by the end of 2024 ➢ Over 40 billion connected IoT devices by 2030 ➢ 3 technologies make up nearly 80% of the market: Wi-Fi, Bluetooth, and cellular IoT ➢ Chipset supply to remain a constraint for years to come in the face of surging demand ➢ The integration of AI in IoT, including generative AI and edge AI, is a key trend in 2024 📃 Read our latest article for our full analysis of the state of IoT in 2024, including wired end node connections and other key trends: https://lnkd.in/ghcJh4FD 🔑 Access the full State of IoT Summer 2024 report: https://lnkd.in/dfVpPe-p #iot #tech #connectediotdevices #forecast #market

On Thursday, September 19, 2024, our very own Principal Analyst Satyajit Sinha will be a guest speaker at 1NCE and Kigen’s joint webinar, eSIM IoT Activation: Reliable and Secure Global Connectivity, to discuss how eSIM is helping manufacturers overcome these challenges. According to Satya, “Robust IoT security solutions are essential with the growth of cellular IoT technologies like 5G and NB-IoT. eSIMs, as hardware roots of trust, offer a strong foundation for IoT security, leveraging advancements in cellular technology to address key security concerns. Initiatives like GSMA IoT SAFE, which prioritize security and standardization, are crucial for ensuring the future of secure IoT deployments.” Topics during the webinar include: - Using a single SKU to simplify the supply chain - How to monitor and manage security procedures for IoT devices - Remote localization achieved by secure eSIM profile management - Authenticating devices for secure data exchange from chip to cloud - Manage the ongoing lifecycle of security credentials and firmware updates Reserve your spot for the webinar today: https://lnkd.in/dUHZ3aiu #iot #connectivity #tech #eSIM #5G

🥊 MNO vs MVNO: Benchmarking the IoT mobile operators https://lnkd.in/e7igpddt Analyzing 150 IoT data plans from over 20 IoT mobile operators worldwide, IoT Analytics analyst Kalpesh Baviskar found that mobile virtual network operators (MVNOs) offered IoT services ~30% cheaper, on average, than mobile network operators (MNOs) when comparing connectivity technology and data allowances. However, MNOs remain competitive with tailored services, value-added offerings, and data traffic prioritization. ⚖️ Read our latest article in which we benchmark MNOs and MVNOs and highlight cost-effective IoT mobile operators: https://lnkd.in/e7igpddt 📄 Access the full report and database for a granular breakdown of the IoT data plans, as well as the latest IoT mobile operator market numbers: https://lnkd.in/ezMW-MRa #iot #connectivity #mobileoperators #tech #MNO #MVNO

7 notable insights about the IoT startup landscape in 2024: https://lnkd.in/gS9msM4 1️⃣ The share of IoT startups in APAC is increasing 2️⃣ US-based startups top total funding share, but one China-based company leads overall 3️⃣ Several large investment rounds for IoT hardware startups 4️⃣ Techstars remains the top IoT startup investor 5️⃣ Manufacturing receives the most attention from IoT startups, but smart city- and energy/utility-focused startups gain traction 6️⃣ AI takes a foothold 7️⃣ Analytics is the most common offering 📄 Read IoT Analytics analyst Zeynep Kaman’s latest article to learn more about these insights: https://lnkd.in/gS9msM4 🔑 Access the full report + database to find even more insights, including our team’s 17 top IoT startup picks, here: https://lnkd.in/dZdSK7_x #IoT #startups #AI #analytics #investments #tech