In short LPWAN connectivity is on the rise. There were nearly 1.3 billion LPWAN IoT connections globally by the end of 2023, according to IoT Analytics' Global LPWAN Market Tracker and Forecast 2015–2027 (updated Q1 2024). This is expected to grow at 26% CAGR until 2027. NB-IoT comprises 58% of these connections. However, that does not tell the whole story about NB-IoT’s global adoption, as China’s nationwide adoption policy has greatly skewed this number. In 2023, licensed LPWAN connec...| IoT Analytics