The Global M2M/IoT Communications Market: 9th Edition

1.1 3GPP family of cellular technologies
1.1.1 3GPP Release 13 - Introducing LTE-M and NB-IoT
1.1.2 3GPP Release 14 - IoT enhancements and C-V2X
1.1.3 3GPP Release 15 - The first phase of 5G specifications
1.1.4 3GPP Release 16 - URLLC enhancements, IIoT features and 5G NR C-V2X
1.1.5 3GPP Release 17 - RedCap and non-terrestrial network communications
1.1.6 3GPP Release 18 - The first 5G-Advanced specifications
1.1.7 Network footprint
1.1.8 2G/3G mobile networks
1.1.9 4G mobile networks
1.1.10 4G/5G mobile IoT networks (LTE-M and NB-IoT)
1.1.11 5G mobile networks
1.2 LPWA and satellite technologies
1.2.1 LoRa
1.2.2 Sigfox
1.2.3 Satellite networks
1.3 IoT networking platforms
1.3.1 IoT connectivity management platforms
1.3.2 SIM solutions and embedded UICC
1.4 International coverage and alliances
1.4.1 Roaming and international coverage
1.4.2 Mobile operator alliances

2.1 Regional market trends
2.1.1 Western Europe
2.1.2 Central and Eastern Europe
2.2 Mobile operators
2.2.1 A1 Telekom Austria
2.2.2 Altice Group
2.2.3 Bouygues Telecom
2.2.4 BT Group
2.2.5 CK Hutchison Group Telecom
2.2.6 Deutsche Telekom
2.2.7 KPN
2.2.8 Manx Telecom
2.2.9 MegaFon
2.2.10 MTS
2.2.11 Orange
2.2.12 POST Luxembourg
2.2.13 Proximus
2.2.14 Tele2
2.2.15 Telecom Italia
2.2.16 Telefónica
2.2.17 Telenor
2.2.18 Telia Company
2.2.19 Vodafone
2.3 IoT managed service providers
2.3.1 1GLOBAL
2.3.2 1NCE
2.3.3 1oT
2.3.4 Airnity
2.3.5 BICS
2.3.6 Com4 (Wireless Logic)
2.3.7 Cubic Telecom
2.3.8 CSL Group
2.3.9 emnify
2.3.10 Eseye
2.3.11 floLIVE
2.3.12 Freeeway
2.3.13 Giesecke+Devrient
2.3.14 iBASIS
2.3.15 Onomondo
2.3.16 Pelion
2.3.17 Velos IoT
2.3.18 Wireless Logic
2.4 LPWA networks
2.4.1 LoRa networks
2.4.2 Sigfox and network partners

3.1 Regional market trends
3.1.1 United States and Canada
3.1.2 Brazil
3.1.3 Rest of Latin America
3.2 Mobile operators
3.2.1 AT&T
3.2.2 Bell
3.2.3 Verizon
3.2.4 T-Mobile USA
3.2.5 Rogers Communications
3.2.6 TELUS
3.2.7 América Móvil
3.2.8 Vivo and Telefónica Hispam
3.2.9 Other mobile operators in Latin America
3.3 IoT managed service providers
3.3.1 Aeris
3.3.2 Blues
3.3.3 Hologram
3.3.4 KORE Wireless
3.3.5 Semtech
3.3.6 Telit Cinterion
3.4 LPWA networks
3.4.1 LoRaWAN networks
3.4.2 Sigfox and network partners

4.1 Regional market trends
4.1.1 China
4.1.2 Japan and South Korea
4.1.3 Australia and New Zealand
4.1.4 India
4.1.5 Southeast Asia
4.2 Mobile operators
4.2.1 China Mobile
4.2.2 China Unicom
4.2.3 China Telecom
4.2.4 KDDI
4.2.5 KT
4.2.6 NTT
4.2.7 Singtel
4.2.8 SK Telecom
4.2.9 SoftBank
4.2.10 Telstra
4.2.11 Vodafone Idea
4.3 IoT managed service providers
4.3.1 Plintron
4.3.2 Quectel
4.3.3 Soracom
4.3.4 Tata Communications
4.4 LPWA networks
4.4.1 LoRa networks
4.4.2 Sigfox networks

5.1 Regional market trends
5.1.1 Middle East
5.1.2 Africa
5.2 Mobile operators
5.2.1 e&
5.2.2 MTN
5.2.3 Ooredoo
5.2.4 Turkcell
5.2.5 Vodacom
5.2.6 Zain
5.3 IoT managed service providers
5.3.1 Flickswitch
5.4 LPWA networks
5.4.1 LoRa networks
5.4.2 Sigfox networks

6.1 Introduction to satellite IoT networks
6.2 Market analysis
6.3 Satellite IoT operator market shares
6.4 European satellite operators
6.4.1 Astrocast
6.4.2 Eutelsat Group
6.4.3 Kineis
6.4.4 Lacuna Space
6.4.5 Sateliot
6.4.6 Additional satellite connectivity providers
6.5 North American satellite operators
6.5.1 Globalstar
6.5.2 Iridium
6.5.3 Kepler Communications
6.5.4 Ligado Networks
6.5.5 Lynk
6.5.6 Orbcomm
6.5.7 Skylo
6.5.8 Starlink (SpaceX)
6.5.9 Viasat (Inmarsat)
6.5.10 Additional satellite connectivity providers
6.6 Chinese satellite operators
6.6.1 CASC and CASIC
6.6.2 Commsat
6.6.3 Galaxy Space
6.6.4 Head Aerospace
6.6.5 Additional satellite connectivity providers
6.7 Rest of World satellite operators
6.7.1 Innova Space
6.7.2 Myriota
6.7.3 Sky and Space Company
6.7.4 Thuraya
6.7.5 Additional satellite connectivity providers

7.1 Industry trends
7.1.1 Top ten mobile operators manage 2.9 billion cellular IoT subscribers
7.1.2 IoT revenues continue to grow slower than connections
7.1.3 IoT managed service providers connect 200+ million cellular devices
7.1.4 The international connectivity segment is evolving
7.1.5 New entrants disrupt distribution channels
7.1.6 IoT MVNOs are driving consolidation in the IoT connectivity market
7.1.7 Mobile operators partner with satellite IoT players to extend coverage
7.2 Geographic markets
7.2.1 Global market summary
7.2.2 Europe
7.2.3 North America
7.2.4 Latin America
7.2.5 Asia-Pacific
7.2.6 Middle East & Africa
7.3 Vertical markets
7.3.1 Connected cars on the rise
7.3.2 Data consumption of connected cars will grow significantly
7.3.3 Motor-powered two-wheeler telematics adoption picks up speed
7.3.4 Telematics giants increasingly dominate the fleet management industry
7.3.5 The opportunity to create smarter and safer cities
7.3.6 Smart metering turns to new LPWA options for deployments in the 2020s
7.3.7 Asset tracking to drive the second wave of LPWA deployments
7.3.8 Connected healthcare reaches the masses
7.3.9 Steady uptake of cellular connectivity in the POS terminal market
7.3.10 Home energy and EV charging solutions to become new volume segments
7.4 Technology trends
7.4.1 Cellular technologies dominate wireless IoT
7.4.2 NB-IoT uptake is growing on a project-by-project basis
7.4.3 RedCap will accelerate the adoption of 5G in IoT
7.4.4 Distributed core networks facilitate global IoT connectivity services
7.4.5 Private cellular to grow from a niche into a substantial market
7.4.6 eSIM adoption is gathering pace

Figure 1.1: Comparison of LTE Cat-1, LTE Cat-1 bis, LTE-M and NB-IoT specifications
Figure 1.2: Comparison of RedCap and eRedCap specifications
Figure 1.3: Technology positioning of RedCap in relation to eMBB, URLLC and mMTC
Figure 1.4: The number of LTE-M and NB-IoT networks (World 2018-2023)
Figure 1.5: Select Sigfox network operators by country
Figure 1.6: MSS operator data services and coverage
Figure 1.7: IoT connectivity management platform by mobile operator (Q4-2023)
Figure 1.8: Comparison between traditional SIM and eUICC lifecycle models
Figure 1.9: Mobile operator M2M/IoT alliances (Q2-2024)
Figure 2.1: Europe cellular IoT connectivity market data (Q4-2023)
Figure 2.2: Western Europe cellular IoT connectivity market data (Q2-2023)
Figure 2.3: Germany cellular IoT connectivity market data (2019-2023)
Figure 2.4: Italy cellular IoT connectivity market data (2019-2023)
Figure 2.5: UK & Ireland cellular IoT connectivity market data (2019-2023)
Figure 2.6: France cellular IoT connectivity market data (2019-2023)
Figure 2.7: Spain & Portugal cellular IoT connectivity market data (2019-2023)
Figure 2.8: Benelux cellular IoT market connectivity data (2019-2023)
Figure 2.9: Nordics cellular IoT market connectivity data (2019-2023)
Figure 2.10: Sweden cellular IoT data traffic and revenues (2020-2023)
Figure 2.11: Central & Eastern Europe cellular IoT connectivity market data (Q2-2023)
Figure 2.12: Russia cellular IoT market data (2019-2023)
Figure 2.13: T-IoT Hub platform integrations
Figure 2.14: Orange cellular IoT subscribers by country (2018-2023)
Figure 2.15: Telefónica cellular IoT connections by country (2018-2023)
Figure 2.16: Financial data for Telenor Connexion (2022-2023)
Figure 2.17: Telia Company IoT subscribers by country (2019-2023)
Figure 2.18: IoT managed service providers in Europe by installed base (Q4-2023)
Figure 2.19: Eseye’s SMARTconnect solution
Figure 2.20: Eseye’s Infinity IoT Connectivity Management Platform
Figure 2.21: The floCONTROL dashboard
Figure 2.22: Public LoRaWAN network operators in Europe (Q2-2024)
Figure 2.23: Sigfox network operators in Europe (Q2-2024)
Figure 3.1: The Americas cellular IoT connectivity market data (Q4-2023)
Figure 3.2: US cellular IoT connectivity market data (2019-2023)
Figure 3.3: Brazil cellular IoT market connectivity data (2019-2023)
Figure 3.4: Estimated number of IoT subscribers in Latin America ex. Brazil (2023)
Figure 3.5: Telefónica cellular IoT connections in Latin America by country (2019-2023)
Figure 3.6: IoT managed service providers in North America by installed base (2023)
Figure 3.7: Public LoRaWAN network operators in the Americas (Q2-2024)
Figure 3.8: Amazon Sidewalk network coverage
Figure 3.9: Total onboarded Helium LoRaWAN gateways
Figure 3.10: Sigfox network operators in the Americas (Q2-2024)
Figure 4.1: Asia-Pacific cellular IoT connectivity market data (Q4-2023)
Figure 4.2: China cellular IoT connectivity market data (2019-2023)
Figure 4.3: Japan cellular IoT connectivity market data (2019-2023)
Figure 4.4: Cellular IoT subscribers by application category (South Korea, Q4-2023)
Figure 4.5: China Mobile IoT business KPIs (2019-2023)
Figure 4.6: China Unicom IoT business KPIs (2019-2023)
Figure 4.7: China Telecom IoT business KPIs (2019-2023)
Figure 4.8: Telstra IoT business KPIs (2018-2023)
Figure 4.9: IoT managed service providers in Asia-Pacific by installed base (2023)
Figure 4.10: Public LoRaWAN network operators in Asia-Pacific (Q2-2024)
Figure 4.11: Sigfox network operators in Asia-Pacific (Q2-2024)
Figure 5.1: Middle East & Africa cellular IoT connectivity market data (Q2-2023)
Figure 5.2: Turkey cellular IoT market connectivity data (2019-2023)
Figure 5.3: Vodacom IoT business KPIs (FY2020-FY2024)
Figure 5.4: Public LoRaWAN network operators in Middle East & Africa (Q2-2024)
Figure 5.5: Sigfox network operators in Middle East & Africa (Q2-2024)
Figure 6.1: The main satellite orbits
Figure 6.2: Satellite network operators by IoT subscriber base (Q4-2023)
Figure 7.1: Top 10 mobile operators by IoT connections (World Q4-2023)
Figure 7.2: Top mobile operators by IoT connectivity revenues (World 2023)
Figure 7.3: Top 10 IoT managed service providers by IoT connections (Q4-2023)
Figure 7.4: Merger & acquisition activity in the IoT connectivity market (2018-2024)
Figure 7.5: Announced satellite IoT partnerships
Figure 7.6: Key regional markets for cellular IoT (Q4-2023)
Figure 7.7: Monthly ARPU data for cellular IoT by country (2023)
Figure 7.8: Cellular IoT connections forecast, by region (World 2022-2028)
Figure 7.9: Cellular IoT connectivity revenue forecast, by region (World 2022-2028)
Figure 7.10: Cellular IoT connections forecast, by vertical (Europe 2022-2028)
Figure 7.11: Cellular IoT connectivity revenue forecast, by vertical (Europe 2022-2028)
Figure 7.12: Cellular IoT connections forecast, by vertical (NA 2022-2028)
Figure 7.13: Cellular IoT connectivity revenue forecast, by vertical (NA 2022-2028)
Figure 7.14: Cellular IoT connections forecast, by vertical (LATAM 2022-2028)
Figure 7.15: Cellular IoT connectivity revenue forecast, by vertical (LATAM 2022-2028)
Figure 7.16: Cellular IoT connections forecast, by vertical (APAC 2022-2028)
Figure 7.17: Cellular IoT connectivity revenue forecast, by vertical (APAC 2022-2028)
Figure 7.18: Cellular IoT connections forecast, by vertical (MEA 2022-2028)
Figure 7.19: Cellular IoT connectivity revenue forecast, by vertical (MEA 2022-2028)
Figure 7.20: Cellular IoT connections forecast, by vertical (World 2022-2028)
Figure 7.21: Cellular IoT connectivity revenue forecast, by vertical (World 2022-2028)
Figure 7.22: Top five cellular IoT connectivity providers for connected cars (Q4-2023)
Figure 7.23: Average annual data consumption per connected car (World 2023-2028)
Figure 7.24: Top 25 international providers of fleet management solutions (Q4-2022)
Figure 7.25: Cellular IoT connections by network technology (World 2022-2028)
Figure 7.26: Non-cellular IoT connections by technology (World 2022-2028)
Figure 7.27: Cost comparison between high-speed 4G LTE modules and 5G modules
Figure 7.28: eSIM shipments (World 2018-2023)