15-02-2022 13:31 via telecoms.com

Cellular IoT market expected to double by 2026

Low-power wide area (LPWA) networking is expected to fuel a 97 percent rise in the value of the cellular IoT market.
This is according to a report published by Juniper Research, which predicts it will be worth more than $61 billion by 2026, compared to $31 billion in 2022. It expects NB-IoT and LTE-M to be the growth engines, with the low cost of connectivity and devices stimulating adoption in sectors like agriculture, smart cities and manufacturing. Migration from 2G and 3G networks is also ex
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