IoT connections and revenue: trends and analysis 2022

22 June 2023 | Research

Ibraheem Kasujee | Mary Saunders

Tracker report | PPTX and PDF (10 slides) | IoT Services


"IoT connections continued to grow at a steady pace in 2022, but IoT revenue growth outside of China is slowing."

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IoT revenue and connections continues to experience significant growth, with China leading the way. Despite this, many operators have struggled to monetise IoT solutions, with IoT forming a minimal proportion of mobile revenue.

Information included in this report

  • An overview of the strategies taken by operators to increase IoT revenue
  • Growth in IoT revenue compared to its proportion of total mobile revenue
  • Factors driving growth in IoT connections and how the number of connections differs by region

This report is based on our IoT/M2M revenue and connections tracker 4Q 2022.

 

IoT connections and revenue: trends and analysis 2022

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Author

Ibraheem Kasujee

Senior Analyst

Mary Saunders

Analyst