The 500 Largest Cellular IoT Projects Worldwide 8th Edition

The 500 Largest Cellular IoT Projects Worldwide 8th Edition

The 500 Largest Cellular IoT Projects Worldwide is a uniquedeliverable featuring a list of the largest IoT projects identified byBerg Insight as part of the company's world-class market researchprograms. The database includes project size and geographicaldistribution as well as a 5-year forecast for each individual project.

The 500 Largest Cellular IoT Projects Worldwide 8th Edition

Berg Insight presents the eighth edition of its unique database comprising the 500 largest cellularIoT deployments identified as part of the company’s on-going world-class IoT market researchactivities. The extensive list includes various types of projects and product categories across alltypes of vertical markets including OEM automotive, aftermarket automotive, transport &logistics, utilities, infrastructure, buildings & security, retail, industrial, consumer electronics,healthcare and other. The database includes project size and geographical distribution by theend of 2023 as well as a 5-year forecast for each individual project.

The projects included in the top-500 list together account for approximately 632.2 million activecellular IoT connections. This corresponds to as much as 19.3 percent of the total number ofcellular IoT connections worldwide at the end of 2023. More than 100 deployments on the listhave surpassed 1 million units, and the top-10 projects account for almost 210 million units.Transport & logistics is the largest vertical in terms of the number of projects on the top list,followed by utilities, retail, aftermarket automotive, OEM automotive, buildings & security andhealthcare. When comparing the number of active units represented by each vertical for theentries in the top-500 list, OEM automotive is instead the largest vertical, accounting for 229.8million units, ahead of utilities at 139.1 million units and transport & logistics representing 104.8million units.

The North American and European markets represent 154.2 million units and 153.2 million unitsrespectively of the active M2M/IoT units across all verticals on the top list. The Rest of Worldmarket furthermore accounts for 274.7 million units. The 500 projects on the top list are in thecoming five years forecasted to grow from an aggregate total of 632.2 million units to represent1,049.5 million units globally by 2028. This corresponds to an overall compound annual growthrate (CAGR) of 10.7 percent.