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 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
In short According to the latest 148-page State of IoT – Spring 2024 report, IoT remains a top-three corporate technology priority. While AI has surpassed IoT in corporate prioritization, combining IoT and AI is on the rise and seen as a tailwind for the $236-billion IoT market rather than a disrupter. IoT Analytics identified 40+ current IoT market trends in this research, 10 of which are shared below. Why it matters It is important for vendors and end users alike to understand how to capi...| IoT Analytics