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Global cellular IoT revenues to surpass $26 billion by 2030
short by System User / on Sunday, 22 September, 2024
The global cellular IoT market is set to maintain its strong expansion, with connections projected to exceed 6.2 billion by 2030, growing at a CAGR of 10 per cent. Counterpoint Research expects global cellular IoT revenues to surpass $26 billion by 2030, as average revenue per user (ARPU) are expected to stabilise in the latter part of the decade.