LTE Iot Market Size 2025-2029
The lte iot market size is forecast to increase by USD 20.5 billion, at a CAGR of 29.4% between 2024 and 2029.
The global lte iot market is expanding, driven by the proliferation of smart city initiatives and the modernization of public infrastructure. These large-scale projects depend on low-power wide-area networks for applications in intelligent utility management, public safety, and smart transportation. The inherent reliability and security of standardized cellular iot protocols make them the preferred choice for these critical deployments. As a result, the cellular iot market is witnessing sustained demand from public sector investments aimed at enhancing urban efficiency and sustainability. This foundational driver ensures a long-term demand pipeline for both nb-iot and lte-m technologies, solidifying their role in the future of connected infrastructure.A transformative trend is the strategic convergence of terrestrial lte iot with satellite communication systems, which is central to the satellite-enabled iot market. This addresses the need for ubiquitous coverage, particularly for logistics and global asset tracking. However, the market is challenged by intensifying competition from next-generation connectivity standards, such as 5g reduced capability, which could impact long-term technology roadmaps. This dynamic creates a pivotal moment where the industry must balance serving existing deployments with preparing for future technological shifts. Success hinges on navigating this transition while leveraging the unique benefits of hybrid terrestrial and non-terrestrial networks to unlock new verticals.
What will be the Size of the LTE Iot Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019 - 2023 and forecasts 2025-2029 - in the full report.
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The global lte iot market is defined by the continuous evolution of cellular iot protocols, which are being adapted to meet the demands of massive machine-type communications. The integration of lte-m for mobile asset tracking and nb-iot for stationary sensor networks is creating a versatile connectivity fabric. This dynamic is further shaped by the rise of the iot analytics market, where data from connected devices is used to drive operational insights.A key development is the strategic shift toward managed iot services, simplifying deployment and operational management for enterprises. This trend, coupled with the increasing availability of pre-integrated vertical solutions, is lowering adoption barriers. The market is also seeing the proliferation of private lte networks, offering enhanced security and dedicated bandwidth for critical industrial applications. These changes reflect a maturing ecosystem focused on delivering scalable and reliable end-to-end solutions.
How is this LTE Iot Industry segmented?
The lte iot industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments.
- Technology
- Application
- Smart manufacturing
- Smart transportation
- Connected healthcare
- Others
- Service type
- Geography
- Europe
- Germany
- UK
- France
- Italy
- Spain
- The Netherlands
- North America
- APAC
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Middle East and Africa
- South America
- Rest of World (ROW)
By Technology Insights
The nb-iot segment is estimated to witness significant growth during the forecast period.
The NB-IoT segment is a cornerstone of the global lte iot market, specifically engineered for applications that demand extensive coverage, deep indoor penetration, and ultra-low power consumption. Operating within licensed spectrum, it provides a highly secure and reliable connection for a massive number of stationary, low-data-rate devices. Its technical architecture, characterized by a narrow bandwidth, minimizes interference and maximizes efficiency. This technology is predominantly suited for use cases where devices transmit small data packets infrequently and must operate for years on a single battery.
Key application domains for NB-IoT are vast, with smart metering for utilities being a dominant vertical. It is also central to smart city applications, including parking sensors and waste management monitors. The technology's evolution is marked by network enhancements and cost reductions. Recent deployments show a clear trend of moving beyond pilot projects to full-scale implementations. With the 'Others' application segment accounting for over 21.4% of the market, NB-IoT is solidifying its position as a foundational technology for the mass-scale digitization of fixed assets.
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The NB-IoT segment was valued at USD 3.5 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 35.5% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The APAC region is the most dynamic and heterogeneous area in the global lte iot market, presenting a wide spectrum of development from technologically advanced nations to rapidly digitizing economies. The region is the global manufacturing hub for IoT modules and devices, with local companies playing pivotal roles in the supply chain. Market growth is fueled by massive government-led initiatives for smart city development, industrial automation, and digital transformation. With a growth rate of 33.3%, the sheer scale and potential of APAC make it a critical growth engine for the market.
This growth is particularly evident in China, which stands as the single largest market due to its massive scale deployments of NB-IoT technology for applications like smart metering and asset tracking. Meanwhile, markets such as India and Southeast Asia are experiencing rapid growth, driven by expanding 4g lte network coverage and falling device costs. However, the APAC market is also characterized by intense competition and varying national standards, which can complicate pan-regional deployments. Success requires a localized strategy that accounts for the unique economic and regulatory conditions of each country.
Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The Global LTE IoT market is experiencing significant transformation, driven by the proliferation of integrated AI at the edge and the increasing rise of simplified pre-integrated vertical solutions. This evolution is enabling robust cellular connectivity for industrial automation and fostering the adoption of private LTE networks for smart industries. Key applications gaining momentum include asset tracking in supply chain logistics and smart grid automation with cellular IoT. The expansion of low-power wide-area network protocols is pivotal, with LTE-M for mobile health monitors and NB-IoT for stationary equipment monitoring becoming standard for targeted use cases. This technological advancement supports critical initiatives like public infrastructure modernization with LTE IoT and the development of sophisticated edge AI platforms for smart cities, while enterprises enhance reliability through cloud-managed networking for enterprise deployments and managed SD-WAN with LTE IoT failover.Navigating this dynamic landscape requires addressing several key factors, including persistent supply chain volatility and component sourcing and intensifying competition from next-generation connectivity. The critical imperative of end-to-end security remains a top priority across all sectors, governing everything from remote monitoring in healthcare applications to secure networking for automotive applications. Looking forward, the strategic convergence of LTE IoT and satellite promises to unlock new frontiers by extending connectivity to previously unserved regions. This hybrid approach is essential for enabling truly global cellular connectivity for agriculture and other remote operations, ensuring data continuity and operational efficiency on a worldwide scale.
What are the key market drivers leading to the rise in the adoption of LTE Iot Industry?
- The widespread rollout of smart city initiatives and the modernization of public infrastructure are primary drivers for the global LTE IoT market.
The accelerated deployment of smart city ecosystems and the modernization of critical public infrastructure are key drivers for the global lte iot market. Governments are increasingly leveraging lte-m and nb-iot technologies for their wide-area coverage and deep indoor penetration, which are essential for large-scale deployments. This driver encompasses a diverse range of applications, from intelligent utility management to environmental monitoring. With regions like Europe accounting for 32.6% of the geographic opportunity, the focus on standardized and secure lte iot networks for public sector investments is enhancing urban efficiency and ensuring a long-term demand pipeline. The technology's reliability makes it a preferred choice for building the foundational connectivity for future smart cities.A second critical driver is the accelerated pace of digital transformation within key enterprise verticals, including supply chain logistics and advanced manufacturing. These sectors are under pressure to optimize operational efficiency and enhance asset visibility. LTE IoT technologies, with their support for both stationary sensor networks and mobile asset tracking, provide a robust and scalable solution for connecting a vast array of assets. This driver is fundamentally linked to the pursuit of data-driven decision-making and the automation of industrial processes. The North America region, contributing 27.76% to the market's growth, showcases strong adoption as enterprises move from pilot projects to large-scale deployments, creating substantial revenue streams.
What are the market trends shaping the LTE Iot Industry?
- The strategic integration of terrestrial LTE IoT with satellite networks to achieve universal coverage is a key market trend.
A dominant trend within the global lte iot market is the strategic integration of terrestrial cellular networks with non-terrestrial networks, particularly satellite communication systems. This convergence, pivotal for the satellite-enabled iot market, is driven by the need for truly ubiquitous coverage for iot applications, extending connectivity to remote and maritime locations. This trend addresses a critical gap in logistics, agriculture, and global asset tracking, where data continuity is essential. The development of hybrid connectivity solutions, where lte serves as the primary link and satellite as a fallback, enhances the reliability of critical deployments. With the APAC region representing 35.46% of the market opportunity, this trend elevates lte iot from a regional to a global solution, opening new verticals.The market is also experiencing a significant shift toward intelligent systems capable of processing information directly at the network edge. This trend is fueled by the integration of artificial intelligence and machine learning into lte iot modules and endpoint hardware, a key component of the iot analytics market. The primary drivers are the need to reduce latency, minimize data transmission costs, and enhance operational autonomy. By processing data locally, these intelligent devices can trigger immediate actions and send only valuable, pre-analyzed insights over the cellular network. This transforms the role of the lte connection from a mere data pipe to a strategic link for distributed intelligence, enabling more complex applications in the broader internet of things (IOT) market.
What challenges does the LTE Iot Industry face during its growth?
- Intensifying competition from emerging next-generation connectivity standards presents a significant challenge to the market.
A primary challenge for the global lte iot market is the accelerating development of 5g-based iot technologies, specifically 5g reduced capability (REDCAP). This standard is engineered to fill the performance gap between high-bandwidth 5g devices and low-power wide-area networks. Its emergence poses a threat as it offers superior performance characteristics, including higher data rates and lower latency, while remaining competitive in power efficiency and cost. This represents a strategic inflection point for the lte iot ecosystem, demanding careful navigation to avoid technological obsolescence. The challenge is not merely technical but also economic, as it risks fragmenting the ecosystem and shortening product lifecycles.The market remains acutely vulnerable to disruptions within the semiconductor and electronic component supply chain. Despite some easing of past shortages, structural fragilities and geopolitical tensions continue to pose a substantial challenge to the consistent production of lte iot modules and devices. This manifests as extended lead times, inflated component costs, and production bottlenecks, which can delay project rollouts and increase the total cost of ownership. The middle east and africa region, which has a 2.46% share of the opportunity, is also affected. This environment of uncertainty forces market participants to maintain higher inventory levels, undermining the cost-efficiency promise of lte iot solutions.
Exclusive Customer Landscape
The lte iot market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the lte iot market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, lte iot market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Accent Advanced Systems SLU - Offerings in the LTE IoT market are centered on providing a comprehensive suite of solutions that enable low-power, wide-area connectivity for a diverse range of applications. These include advanced modems, power-efficient chipsets, and embedded microcontrollers that form the hardware foundation for smart devices. The portfolio extends to rugged cellular modules, 5G-ready routers, and edge computing platforms designed for industrial, automotive, and public safety environments. Key solutions also encompass global cellular connectivity services, private wireless networks, and cloud-managed platforms that facilitate secure device and data management. These offerings are tailored for specific verticals, providing end-to-end systems for applications such as asset tracking, smart grid automation, remote patient monitoring, and smart city infrastructure, thereby enabling the digital transformation of various industries.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Accent Advanced Systems SLU
- Actility SA
- AT and T Inc.
- Cisco Systems Inc.
- Cradlepoint Inc.
- Huawei Technologies Co. Ltd.
- Intel Corp.
- Link Labs Inc.
- MediaTek Inc.
- Nokia Corp.
- Orange SA
- Qualcomm Inc.
- Renesas Electronics Corp.
- Schneider Electric SE
- Sequans Communications SA
- Sierra Wireless Inc.
- Telefonaktiebolaget LM Ericsson
- Telit Cinterion
- TELUS Corp.
- Thales Group
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Lte Iot Market
In April 2024, Telit Cinterion announced the launch of its SE150A4 smart module series, the first to feature a fully integrated NB-IoT modem, designed to streamline the development of smart devices for markets such as India.In February 2024, Nokia, in collaboration with an industry partner, successfully demonstrated a proof-of-concept for a private LTE network to support mining operations, showcasing the technology's application in industrial environments.In February 2024, Qualcomm unveiled the Snapdragon X80 5G Modem-RF System, which incorporates a dedicated 5G AI Processor to enhance connectivity, coverage, and power efficiency for next-generation devices, including those in the industrial IoT space.In February 2024, Sierra Wireless, a Semtech company, introduced its new HL7810/12 series modules, which offer 5G-ready capabilities and support for 5G RedCap, providing a migration path for existing LTE-M and NB-IoT deployments.
Research Analyst Overview
The global LTE IoT market is defined by the expansion of low-power wide-area networks, primarily through NB-IoT networks and LTE-M connectivity. These cellular IoT protocols leverage licensed spectrum operation to ensure reliable long-range connectivity and deep indoor penetration, which are critical for enabling massive machine-type communications within expanding smart city ecosystems. Mobile network operators are instrumental in deploying these infrastructures, supporting industrial IoT deployments, public infrastructure modernization, and smart grid automation. The proliferation of connected devices necessitates a robust approach to end-to-end IoT security to mitigate the complex cyber threat landscape. Developments in cellular modem technology and low-power chipsets underpin the feasibility of these deployments, supporting smart infrastructure connectivity.The ongoing enterprise digital transformation leverages advanced cellular M2M communication capabilities, with industry growth expectations pointing to a 22% increase in deployments. Use cases like asset tracking platforms and remote patient monitoring are evolving with features such as voice over LTE support and the use of location-aware tags. The market is also seeing a rise in private wireless networks for dedicated enterprise needs. Service delivery is moving toward pre-integrated vertical solutions and managed IoT services, simplifying deployment. Looking forward, edge AI integration is enhancing IoT device processing, while non-terrestrial networks, including satellite communication systems, promise to extend connectivity. Despite challenges from supply chain volatility, the progression towards next-generation connectivity standards continues, supported by innovations in wireless WAN routing and embedded MCU solutions.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled LTE Iot Market insights. See full methodology.
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Market Scope
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Report Coverage
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Details
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Page number
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298
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Base year
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2024
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Historic period
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2019 - 2023 |
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Forecast period
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2025-2029
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Growth momentum & CAGR
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Accelerating at a CAGR of 29.4%
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Market growth 2024-2029
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USD 20.5 billion
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Market structure
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Fragmented
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YoY growth 2024-2029(%)
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23.9%
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Key countries
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Germany, UK, France, Italy, Spain, The Netherlands, US, Canada, Mexico, China, Japan, India, South Korea, Australia, Indonesia, UAE, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Argentina, Chile
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Competitive landscape
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Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
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What are the Key Data Covered in this LTE Iot Market Research and Growth Report?
- CAGR of the LTE Iot industry during the forecast period
- Detailed information on factors that will drive the growth and forecasting between 2024 and 2029
- Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
- Accurate predictions about upcoming growth and trends and changes in consumer behaviour
- Growth of the market across Europe, North America, APAC, Middle East and Africa, South America
- Thorough analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the lte iot market growth of industry companies
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1 Executive Summary
- 1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Technology
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Service Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Chart on Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Chart on Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Chart on Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3 Market Landscape
- 3.1 Market ecosystem
- Chart on Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Chart on Market characteristics analysis
- 3.3 Value chain analysis
- Chart on Value chain analysis
4 Market Sizing
- 4 Market Sizing
- 4.1 Market definition
- Data Table on Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.3 Market size 2024
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ billion)
- Data Table on Global - Market size and forecast 2024-2029 ($ billion)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5 Historic Market Size
- 5.1 Global LTE IoT Market 2019 - 2023
- Historic Market Size - Data Table on Global LTE IoT Market 2019 - 2023 ($ billion)
- 5.2 Technology segment analysis 2019 - 2023
- Historic Market Size - Technology Segment 2019 - 2023 ($ billion)
- 5.3 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ billion)
- 5.4 Service Type segment analysis 2019 - 2023
- Historic Market Size - Service Type Segment 2019 - 2023 ($ billion)
- 5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
- 5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
- 6 Qualitative Analysis
- 6.1 The Impact of AI on Global LTE IoT Market
7 Five Forces Analysis
- 7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Technology
- 8 Market Segmentation by Technology
- 8.1 Market segments
- Chart on Technology - Market share 2024-2029 (%)
- Data Table on Technology - Market share 2024-2029 (%)
- 8.2 Comparison by Technology
- Chart on Comparison by Technology
- Data Table on Comparison by Technology
- 8.3 NB-IoT - Market size and forecast 2024-2029
- Chart on NB-IoT - Market size and forecast 2024-2029 ($ billion)
- Data Table on NB-IoT - Market size and forecast 2024-2029 ($ billion)
- Chart on NB-IoT - Year-over-year growth 2024-2029 (%)
- Data Table on NB-IoT - Year-over-year growth 2024-2029 (%)
- 8.4 LTE-M - Market size and forecast 2024-2029
- Chart on LTE-M - Market size and forecast 2024-2029 ($ billion)
- Data Table on LTE-M - Market size and forecast 2024-2029 ($ billion)
- Chart on LTE-M - Year-over-year growth 2024-2029 (%)
- Data Table on LTE-M - Year-over-year growth 2024-2029 (%)
- 8.5 Market opportunity by Technology
- Market opportunity by Technology ($ billion)
- Data Table on Market opportunity by Technology ($ billion)
9 Market Segmentation by Application
- 9 Market Segmentation by Application
- 9.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
- 9.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 9.3 Smart manufacturing - Market size and forecast 2024-2029
- Chart on Smart manufacturing - Market size and forecast 2024-2029 ($ billion)
- Data Table on Smart manufacturing - Market size and forecast 2024-2029 ($ billion)
- Chart on Smart manufacturing - Year-over-year growth 2024-2029 (%)
- Data Table on Smart manufacturing - Year-over-year growth 2024-2029 (%)
- 9.4 Smart transportation - Market size and forecast 2024-2029
- Chart on Smart transportation - Market size and forecast 2024-2029 ($ billion)
- Data Table on Smart transportation - Market size and forecast 2024-2029 ($ billion)
- Chart on Smart transportation - Year-over-year growth 2024-2029 (%)
- Data Table on Smart transportation - Year-over-year growth 2024-2029 (%)
- 9.5 Connected healthcare - Market size and forecast 2024-2029
- Chart on Connected healthcare - Market size and forecast 2024-2029 ($ billion)
- Data Table on Connected healthcare - Market size and forecast 2024-2029 ($ billion)
- Chart on Connected healthcare - Year-over-year growth 2024-2029 (%)
- Data Table on Connected healthcare - Year-over-year growth 2024-2029 (%)
- 9.6 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ billion)
- Data Table on Others - Market size and forecast 2024-2029 ($ billion)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
- 9.7 Market opportunity by Application
- Market opportunity by Application ($ billion)
- Data Table on Market opportunity by Application ($ billion)
10 Market Segmentation by Service Type
- 10 Market Segmentation by Service Type
- 10.1 Market segments
- Chart on Service Type - Market share 2024-2029 (%)
- Data Table on Service Type - Market share 2024-2029 (%)
- 10.2 Comparison by Service Type
- Chart on Comparison by Service Type
- Data Table on Comparison by Service Type
- 10.3 Professional services - Market size and forecast 2024-2029
- Chart on Professional services - Market size and forecast 2024-2029 ($ billion)
- Data Table on Professional services - Market size and forecast 2024-2029 ($ billion)
- Chart on Professional services - Year-over-year growth 2024-2029 (%)
- Data Table on Professional services - Year-over-year growth 2024-2029 (%)
- 10.4 Managed services - Market size and forecast 2024-2029
- Chart on Managed services - Market size and forecast 2024-2029 ($ billion)
- Data Table on Managed services - Market size and forecast 2024-2029 ($ billion)
- Chart on Managed services - Year-over-year growth 2024-2029 (%)
- Data Table on Managed services - Year-over-year growth 2024-2029 (%)
- 10.5 Market opportunity by Service Type
- Market opportunity by Service Type ($ billion)
- Data Table on Market opportunity by Service Type ($ billion)
11 Customer Landscape
- 11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12 Geographic Landscape
- 12.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)
- 12.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 12.3 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ billion)
- Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
- Chart on Regional Comparison - Europe
- Data Table on Regional Comparison - Europe
- 12.3.1 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ billion)
- Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
- 12.3.2 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ billion)
- Data Table on UK - Market size and forecast 2024-2029 ($ billion)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
- 12.3.3 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ billion)
- Data Table on France - Market size and forecast 2024-2029 ($ billion)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
- 12.3.4 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ billion)
- Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
- 12.3.5 Spain - Market size and forecast 2024-2029
- Chart on Spain - Market size and forecast 2024-2029 ($ billion)
- Data Table on Spain - Market size and forecast 2024-2029 ($ billion)
- Chart on Spain - Year-over-year growth 2024-2029 (%)
- Data Table on Spain - Year-over-year growth 2024-2029 (%)
- 12.3.6 The Netherlands - Market size and forecast 2024-2029
- Chart on The Netherlands - Market size and forecast 2024-2029 ($ billion)
- Data Table on The Netherlands - Market size and forecast 2024-2029 ($ billion)
- Chart on The Netherlands - Year-over-year growth 2024-2029 (%)
- Data Table on The Netherlands - Year-over-year growth 2024-2029 (%)
- 12.4 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ billion)
- Data Table on North America - Market size and forecast 2024-2029 ($ billion)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
- Chart on Regional Comparison - North America
- Data Table on Regional Comparison - North America
- 12.4.1 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ billion)
- Data Table on US - Market size and forecast 2024-2029 ($ billion)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
- 12.4.2 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ billion)
- Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
- 12.4.3 Mexico - Market size and forecast 2024-2029
- Chart on Mexico - Market size and forecast 2024-2029 ($ billion)
- Data Table on Mexico - Market size and forecast 2024-2029 ($ billion)
- Chart on Mexico - Year-over-year growth 2024-2029 (%)
- Data Table on Mexico - Year-over-year growth 2024-2029 (%)
- 12.5 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ billion)
- Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
- Chart on Regional Comparison - APAC
- Data Table on Regional Comparison - APAC
- 12.5.1 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ billion)
- Data Table on China - Market size and forecast 2024-2029 ($ billion)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
- 12.5.2 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ billion)
- Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
- 12.5.3 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ billion)
- Data Table on India - Market size and forecast 2024-2029 ($ billion)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
- 12.5.4 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ billion)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ billion)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
- 12.5.5 Australia - Market size and forecast 2024-2029
- Chart on Australia - Market size and forecast 2024-2029 ($ billion)
- Data Table on Australia - Market size and forecast 2024-2029 ($ billion)
- Chart on Australia - Year-over-year growth 2024-2029 (%)
- Data Table on Australia - Year-over-year growth 2024-2029 (%)
- 12.5.6 Indonesia - Market size and forecast 2024-2029
- Chart on Indonesia - Market size and forecast 2024-2029 ($ billion)
- Data Table on Indonesia - Market size and forecast 2024-2029 ($ billion)
- Chart on Indonesia - Year-over-year growth 2024-2029 (%)
- Data Table on Indonesia - Year-over-year growth 2024-2029 (%)
- 12.6 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Chart on Regional Comparison - Middle East and Africa
- Data Table on Regional Comparison - Middle East and Africa
- 12.6.1 UAE - Market size and forecast 2024-2029
- Chart on UAE - Market size and forecast 2024-2029 ($ billion)
- Data Table on UAE - Market size and forecast 2024-2029 ($ billion)
- Chart on UAE - Year-over-year growth 2024-2029 (%)
- Data Table on UAE - Year-over-year growth 2024-2029 (%)
- 12.6.2 Saudi Arabia - Market size and forecast 2024-2029
- Chart on Saudi Arabia - Market size and forecast 2024-2029 ($ billion)
- Data Table on Saudi Arabia - Market size and forecast 2024-2029 ($ billion)
- Chart on Saudi Arabia - Year-over-year growth 2024-2029 (%)
- Data Table on Saudi Arabia - Year-over-year growth 2024-2029 (%)
- 12.6.3 South Africa - Market size and forecast 2024-2029
- Chart on South Africa - Market size and forecast 2024-2029 ($ billion)
- Data Table on South Africa - Market size and forecast 2024-2029 ($ billion)
- Chart on South Africa - Year-over-year growth 2024-2029 (%)
- Data Table on South Africa - Year-over-year growth 2024-2029 (%)
- 12.6.4 Egypt - Market size and forecast 2024-2029
- Chart on Egypt - Market size and forecast 2024-2029 ($ billion)
- Data Table on Egypt - Market size and forecast 2024-2029 ($ billion)
- Chart on Egypt - Year-over-year growth 2024-2029 (%)
- Data Table on Egypt - Year-over-year growth 2024-2029 (%)
- 12.6.5 Nigeria - Market size and forecast 2024-2029
- Chart on Nigeria - Market size and forecast 2024-2029 ($ billion)
- Data Table on Nigeria - Market size and forecast 2024-2029 ($ billion)
- Chart on Nigeria - Year-over-year growth 2024-2029 (%)
- Data Table on Nigeria - Year-over-year growth 2024-2029 (%)
- 12.7 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ billion)
- Data Table on South America - Market size and forecast 2024-2029 ($ billion)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
- Chart on Regional Comparison - South America
- Data Table on Regional Comparison - South America
- 12.7.1 Brazil - Market size and forecast 2024-2029
- Chart on Brazil - Market size and forecast 2024-2029 ($ billion)
- Data Table on Brazil - Market size and forecast 2024-2029 ($ billion)
- Chart on Brazil - Year-over-year growth 2024-2029 (%)
- Data Table on Brazil - Year-over-year growth 2024-2029 (%)
- 12.7.2 Argentina - Market size and forecast 2024-2029
- Chart on Argentina - Market size and forecast 2024-2029 ($ billion)
- Data Table on Argentina - Market size and forecast 2024-2029 ($ billion)
- Chart on Argentina - Year-over-year growth 2024-2029 (%)
- Data Table on Argentina - Year-over-year growth 2024-2029 (%)
- 12.7.3 Chile - Market size and forecast 2024-2029
- Chart on Chile - Market size and forecast 2024-2029 ($ billion)
- Data Table on Chile - Market size and forecast 2024-2029 ($ billion)
- Chart on Chile - Year-over-year growth 2024-2029 (%)
- Data Table on Chile - Year-over-year growth 2024-2029 (%)
- 12.8 Market opportunity by geography
- Market opportunity by geography ($ billion)
- Data Tables on Market opportunity by geography ($ billion)
13 Drivers, Challenges, and Opportunity
- 13 Drivers, Challenges, and Opportunity
- 13.1 Market drivers
- Proliferation of smart city initiatives and public infrastructure modernization
- Accelerated enterprise digital transformation
- Strategic rollout and enhancement of 5G and LTE-A networks by mobile network operators
- 13.2 Market challenges
- Intensifying competition from next-generation connectivity standards
- Persistent supply chain volatility and component sourcing constraints
- Critical imperative of end-to-end security and evolving cyber threats
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 13.4 Market opportunities
- Strategic convergence of LTE IoT and satellite connectivity for ubiquitous coverage
- Proliferation of integrated AI at edge within LTE IoT devices
- Rise of simplified, pre-integrated solutions and managed services for vertical markets
14 Competitive Landscape
- 14 Competitive Landscape
- 14.1 Overview
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15 Competitive Analysis
- 15.1 Companies profiled
- 15.2 Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 15.4 AT and T Inc.
- AT and T Inc. - Overview
- AT and T Inc. - Business segments
- AT and T Inc. - Key news
- AT and T Inc. - Key offerings
- AT and T Inc. - Segment focus
- SWOT
- 15.5 Cisco Systems Inc.
- Cisco Systems Inc. - Overview
- Cisco Systems Inc. - Business segments
- Cisco Systems Inc. - Key news
- Cisco Systems Inc. - Key offerings
- Cisco Systems Inc. - Segment focus
- SWOT
- 15.6 Cradlepoint Inc.
- Cradlepoint Inc. - Overview
- Cradlepoint Inc. - Product / Service
- Cradlepoint Inc. - Key offerings
- SWOT
- 15.7 Huawei Technologies Co. Ltd.
- Huawei Technologies Co. Ltd. - Overview
- Huawei Technologies Co. Ltd. - Product / Service
- Huawei Technologies Co. Ltd. - Key news
- Huawei Technologies Co. Ltd. - Key offerings
- SWOT
- 15.8 Intel Corp.
- Intel Corp. - Overview
- Intel Corp. - Business segments
- Intel Corp. - Key news
- Intel Corp. - Key offerings
- Intel Corp. - Segment focus
- SWOT
- 15.9 Link Labs Inc.
- Link Labs Inc. - Overview
- Link Labs Inc. - Product / Service
- Link Labs Inc. - Key offerings
- SWOT
- 15.10 MediaTek Inc.
- MediaTek Inc. - Overview
- MediaTek Inc. - Product / Service
- MediaTek Inc. - Key news
- MediaTek Inc. - Key offerings
- SWOT
- 15.11 Nokia Corp.
- Nokia Corp. - Overview
- Nokia Corp. - Business segments
- Nokia Corp. - Key news
- Nokia Corp. - Key offerings
- Nokia Corp. - Segment focus
- SWOT
- 15.12 Orange SA
- Orange SA - Overview
- Orange SA - Product / Service
- Orange SA - Key offerings
- SWOT
- 15.13 Qualcomm Inc.
- Qualcomm Inc. - Overview
- Qualcomm Inc. - Business segments
- Qualcomm Inc. - Key news
- Qualcomm Inc. - Key offerings
- Qualcomm Inc. - Segment focus
- SWOT
- 15.14 Renesas Electronics Corp.
- Renesas Electronics Corp. - Overview
- Renesas Electronics Corp. - Business segments
- Renesas Electronics Corp. - Key news
- Renesas Electronics Corp. - Key offerings
- Renesas Electronics Corp. - Segment focus
- SWOT
- 15.15 Schneider Electric SE
- Schneider Electric SE - Overview
- Schneider Electric SE - Business segments
- Schneider Electric SE - Key news
- Schneider Electric SE - Key offerings
- Schneider Electric SE - Segment focus
- SWOT
- 15.16 Sequans Communications SA
- Sequans Communications SA - Overview
- Sequans Communications SA - Product / Service
- Sequans Communications SA - Key offerings
- SWOT
- 15.17 Sierra Wireless Inc.
- Sierra Wireless Inc. - Overview
- Sierra Wireless Inc. - Product / Service
- Sierra Wireless Inc. - Key offerings
- SWOT
- 15.18 Telefonaktiebolaget LM Ericsson
- Telefonaktiebolaget LM Ericsson - Overview
- Telefonaktiebolaget LM Ericsson - Business segments
- Telefonaktiebolaget LM Ericsson - Key news
- Telefonaktiebolaget LM Ericsson - Key offerings
- Telefonaktiebolaget LM Ericsson - Segment focus
- SWOT
16 Appendix
- 16 Appendix
- 16.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- 16.5 Data procurement
- 16.6 Data validation
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.8 Data synthesis
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations
INFORMATION SOURCES
DATA ANALYSIS
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