In short The number of satellite IoT connections reached 7.5 million in 2024, according to IoT Analytics’ Satellite IoT Market Report 2025–2030 (published June 2025). The market for satellite IoT connectivity and equipment is expected to grow at a 26% CAGR until 2030, surpassing $4.7 billion. 5 key drivers are poised to propel this growth: 1) Technological advancements reducing costs 2) Providers implementing multi-orbit and hybrid network strategies 3) Emergence of standardized connectiv...| IoT Analytics
In short The low-power wide-area network (LPWAN) market had strong growth over the past two years despite COVID-19 and chipset shortages, according to the latest LPWAN Market Report 2021–2026.Four technologies account for over 95% of the global installed base.Adoption is strongest in China and the smart metering use case.The migration away from second generation/third generation (2G/3G) technology is happening slowly, while low-power satellite IoT connectivity is increasing. Why it matters?...| IoT Analytics
Explore the various IoT use cases and benefits to uncover how IoT is transforming industries. Read this pocket guide now.| Appinventiv
In short Asset tracking has become an integral part of enterprise operations, with large firms tracking over 166,000 assets daily, according to IoT Analytics’ IoT Asset Tracking & Visibility Adoption Report 2025. Enterprise IoT asset tracking has evolved across 7 dimensions: 1) asset type, 2) attributes tracked, 3) technologies used, 4) enterprise application integration, 5) intelligence provided, 6) vendor solutions, and 7) solution flexibility. Despite technological progress and growing a...| IoT Analytics
In short IoT enterprise spending grew 10% in 2024, its lowest rate in over a decade, according to IoT Analytics’ 89-page State of IoT Spring 2025 report (published February 2025). Hardware segments struggled the most, while software and cloud-based solutions continued to expand. India experienced 14% YoY IoT spending growth, while Europe experienced slower IoT adoption rates. New IoT products in late 2024 heavily focused on AI, security, and connectivity. Why it matters Vendors and end user...| IoT Analytics
In short Scalability, automation, and serviceability are the top 3 paradigms that are shaping factories of the future. Underpinning these paradigms is software, and it is notable that software-defined manufacturing is increasingly replacing rigid, hardware-centric automation. The IoT Analytics team shares 8 notable developments in software-defined manufacturing based on its research and observations at major industry technology exhibitions. Why it matters For industrial software vendors: As m...| IoT Analytics
The 9 most demanded IoT system integrator services - A heatmap is based on discussions with experts in the field| IoT Analytics
In short According to the latest “What CEOs talked about” report, three themes gained noticeable traction in Q4 2024: 1) tariffs, 2) reshoring, and 3) agentic AI. Discussions regarding AI continued to decline; however, agentic AI significantly climbed in mentions. Despite recent catastrophic hurricanes, flooding, and winter storm events, sustainability-related topics declined in mentions quarter-over-quarter and have been trending downward since Q1 2022. Why it matters The prioritizat...| IoT Analytics
In short 22% of recently announced cloud implementations had an AI element, according to the 188-page Global Cloud Projects Report and Database 2024. The data shows that AI has become a driver for cloud demand, with generative AI (GenAI) playing an increasing role. According to the data, Microsoft is leading the overall AI and GenAI race. AWS leads in traditional AI, while Google has the highest share of AI customers. Why it matters For cloud AI providers: The analysis and associated report/d...| 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
The latest data and statistics relating to the number of internet of things (IoT) devices worldwide.| Exploding Topics
In short Cybersecurity, process automation, and IT software were the top 3 enterprise technology priorities in 2024 and are expected to maintain these spots in 2025. AI is expected to rise to 4th place in 2025, and IoT is likely to remain the 5th-ranked priority. Every year, IoT Analytics surveys senior IT decision-makers about their companies’ top technology priorities, giving insight into how many organizations prioritize technology investments. Why it matters For technology vendors: Unde...| IoT Analytics
In short The enterprise IoT market size reached $269 billion in 2023, representing 15% growth year-over-year, according to the Global IoT Enterprise Spending dashboard (Q2/2024 update). Growth is expected to slow further to 12% in 2024 before re-accelerating in 2025. Economic concerns have impacted corporate spending in general, including for IoT. IoT hardware technologies are currently hit the hardest. China, India, and the US are expected to lead in spending growth regionally, while automot...| IoT Analytics