Global Telecom IoT Market Growth (Status and Outlook) 2023-2029

Global Telecom IoT Market Growth (Status and Outlook) 2023-2029

Telecom Internet of Things market is considered as the fastest growing market and it provide enhanced connectivity solutions to numerous smart devices. Technology plays an important role in the development of Telecom Internet of Things market and especially with the innovation of Internet of Things. Internet of Things comes with the concept that everything around should be electronically integrated and interconnected. Telecom operators are now using digital platforms that combine connectivity, analysis, mobile, security and cloud to support business and all these empowers great revenue opportunity for them.

LPI (LP Information)' newest research report, the “Telecom IoT Industry Forecast” looks at past sales and reviews total world Telecom IoT sales in 2022, providing a comprehensive analysis by region and market sector of projected Telecom IoT sales for 2023 through 2029. With Telecom IoT sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Telecom IoT industry.

This Insight Report provides a comprehensive analysis of the global Telecom IoT landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Telecom IoT portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Telecom IoT market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Telecom IoT and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Telecom IoT.

The global Telecom IoT market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The growing adoption of intelligent transportation systems (ITS) is expected to be one of the major factors that will have a positive impact on the growth of this market in the coming years. In addition to enabling operators to gather, analyze, and distribute networked resources, ITS also helps reduce the impact of traffic congestion by providing greater visibility and improving communication among passengers. Investments towards the development of such smart solutions will bolster the growth prospects of the telecom IoT market. For instance, one of the leading automotive manufacturers General Motors has recently supported the ride-sharing service provider Lyft by making an investment of about USD 500 million towards the development of IoT projects that help provide efficient public commuting services.

This report presents a comprehensive overview, market shares, and growth opportunities of Telecom IoT market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Connectivity Technology
Network Management Solution
Services
Others

Segmentation by application
Smart Buildings and Home Automation
Capillary Network Management
Industrial Manufacturing and Automation
Vehicle Telematics
Transportation, Logistics Tracking and Traffic Management
Energy and Utilities
Smart Healthcare
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AT&T
China Mobile
Deutsche Telekom
Ericsson
Verizon Communications
Vodafone

Please note: The report will take approximately 2 business days to prepare and deliver.