In short Generative AI is used across departments. Most of the 530 identified generative AI implementations are in customer support, marketing, IT, operations, and R&D. Customer issue resolution is the top application. 49% of projects focus on customer support, with issue resolution alone making up 35%. Tech sector and North America lead adoption. 56% of projects were implemented inside tech companies, and 56% were implemented in North America. Why it matters For generative AI vendors: It is ...| IoT Analytics
In short The recent release of DeepSeek’s R1 model has shaken tech stocks, with shares of some market participants (e.g., NVIDIA) down ~20% since January 27, 2025. R1 is largely open, on par with leading proprietary models, appears to have been trained at significantly lower cost, and is cheaper to use in terms of API access, all of which point to an innovation that may change competitive dynamics in the field of Generative AI. IoT Analytics sees end users and AI applications providers as t...| IoT Analytics
5G IoT Market Snapshot 2024 In short There were 1.28 million private 5G IoT connections globally in 2023—5% of the 25.6 million 5G IoT connections—according to the 367-page 5G IoT & Private 5G Market Report 2024–2030. The report forecasts private 5G connections to grow at a CAGR of 65.4% until 2030 and comprise 13% of the total 5G IoT connections globally by then. China and Europe are regional growth areas for private 5G through 2030, with non-industrial facilities and campuses, such as...| IoT Analytics
Our data-driven IoT Research focuses on current market dynamics. Access all research reports, notes, and other materials with the IoT research subscription.| IoT Analytics
Sign up for free. The IoT Newsletter Subscription - bringing you new research findings and article on everything IoT, Industry 4.0 and more.| IoT Analytics
In short The latest update to the Global Cellular IoT Module and Chipset Market Tracker and Forecast shows that shipments of cellular IoT modules and chipsets dropped 16% year-over-year in 2023; however, the tracker projects the market to climb back almost fully to 2022 levels in 2024. The rise of smart and AI-enabled cellular IoT modules, which enable data processing and decision-making near or at the edge, is helping to drive this projected growth. AI is not the same across the board—the ...| IoT Analytics
In short The current state of telecommunications was on full display at MWC Barcelona 2024. IoT Analytics’ three-analyst team produced a 123-page event report, covering 130+ companies, and presents its top 10 trends on the state of IoT & telecommunications here. Why it matters MWC is one of the world’s most important telecommunications trade shows. The showcased technologies are widely applicable to IoT connectivity. Source: MWC Mobile World Congress 2024 The Mobile World Congress (MWC) B...| IoT Analytics
