Internet of Things (IoT) global connections will exceed five billion by 2025, and China will continue to lead the way by providing nearly two-thirds of these connections, a new report said Friday.
According to the latest study by Counterpoint’s Internet of Things (IoT) service, general IoT mobile connectivity grew 72 percent in the first half of 2018, a significant increase over the previous year.
“Emerging markets such as India, Brazil and Africa can offer huge proportions, but compared to China, it will probably be too late to find the way for something that is related,” he said. Research analyst Satyajit Sinha.
“IoT connectivity for emerging cell phones, however, remains a significant growth opportunity that can be supported by operators like Jio in India, but especially by multi-market players like Telefonica, MTN or Vodafone,” he said. said Sinha.
Smart manufacturing, utilities and mobility applications such as automotive and asset tracking are the main drivers of IoT growth over the next five to seven years.
Narrow band IoT (NB-IoT) will dominate the market with 45% of IoT mobile connections worldwide due to the variety of applications and its faster adoption throughout the ecosystem.
“If operators want the best value for money, IoT device pooling, secure connectivity, platform and data management strategies need to offer a complete IoT solution to make the most of it,” he said. Neil Shah, research director. ,
2G IoT connections will require less than 1% of global IoT mobile communications by 2025. 3G IoT connections suffer from the same fate as 2G.
“3G will die much faster than 2G,” says the report.
4G LTE IoT connections (high bandwidth and low latency) will grow much faster by 2022.
“However, we expect a smooth transition from the 4G LTE family to the 5G after 2022. IGO 4G LTE interconnects will account for just over one-third of the IoT’s global mobile connectivity by 2025,” the report said.