Press release
Global IoT Connectivity Market Size, Share, Growth, Industry Trends, Outlook, Price, Report and Forecast 2024-2032
The global IoT connectivity market is poised for remarkable growth, according to the latest report by Expert Market Research (EMR). With a projected compound annual growth rate (CAGR) of 20.2% between 2024 and 2032, this market is set to experience significant expansion. This growth is driven by the increasing adoption of IoT technology across various industries, enabling the seamless connection of devices and data exchange.
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IoT connectivity forms the foundation of the IoT ecosystem, allowing devices, sensors, and systems to communicate and transmit data over the internet. The widespread implementation of IoT is transforming industries, enhancing efficiency, and creating new opportunities for businesses and consumers alike.
One of the primary drivers of this growth is the industrial sector, where IoT connectivity is revolutionizing processes through automation and real-time data analytics. Manufacturing, logistics, and supply chain operations are benefiting from the optimization of processes, predictive maintenance, and enhanced decision-making capabilities.
In the consumer sector, IoT connectivity is changing the way people interact with their homes and devices. Smart homes, wearable devices, and connected appliances are becoming more prevalent, offering convenience, energy savings, and improved quality of life.
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/iot-connectivity-market
IoT Connectivity Market Segmentation
The global IoT connectivity market can be categorized based on technology, end-use, and region:
Market Breakup by Technology
Cellular IoT
LPWAN (Low-Power Wide-Area Network)
Satellite
Short-Range IoT Technologies
Other Technologies
Market Breakup by End-Use
Healthcare
Transportation and Logistics
Manufacturing
Smart Cities
Agriculture
Consumer Electronics
Others
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
IoT Connectivity Market Competitive Landscape
The EMR report provides insights into market shares, technological innovations, investments, and mergers and acquisitions of key players in the global IoT connectivity market. Some of the major companies operating in this market include:
AT&T, Inc.
Jasper Technologies Co., Ltd.
Huwei Technologies Co. Ltd.
Vodafone Group Plc
Telefonica Global Solutions, S.L.U.
Orange S.A.
Hologram Inc.
Telit
Telefonikliebolaget LM Ericsson
Sierra Wireless
Verizon Communication Inc.
Particle Industries, Inc.
Aeris Communication, Inc.
UnaBiz Pts., Ltd.
Emnify GmbH
Velos IoT Group
Microsift Corporation
Tata Communications Limited
Soracom, INC.
Pelion IOT Limited
Others
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