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The 400 Largest Cellular Iot Deployments Together Account for 279 Million Units
December 11, 2019 | Berg InsightEstimated reading time: 1 minute
Berg Insight presents a unique database covering the 400 largest cellular IoT deployments identified as part of the company’s world-class IoT market research activities since 2004. The extensive list includes various types of projects and product categories deployed across all types of vertical markets including aftermarket automotive, fleet management & MRM, healthcare, OEM automotive, retail applications, smart homes and buildings, utilities, wearables & consumer electronics as well as industrial M2M and other. The database includes project size and geographical distribution by the end of 2018 as well as a 5-year forecast for each individual project.
“The projects included in the top-400 list together account for approximately 279 million active cellular IoT subscriptions”, said Rickard Andersson, Principal Analyst, Berg Insight. He adds that this corresponds to as much as 23.0% of the total number of cellular IoT connections worldwide at the end of 2018. The 400 projects on the list are in the coming years forecasted to grow to 652 million units by 2023, corresponding to an overall compound annual growth rate (CAGR) of 18.5%.
“More than 50 deployments on the list have surpassed 1 million subscriptions and the top-10 projects alone account for over 95 million units”, continued Mr. Andersson. Fleet management & MRM is the largest vertical in terms of the number of projects that made the top list, followed by retail applications, aftermarket automotive, utilities and OEM automotive as well as smart homes and buildings. When comparing the number of active subscriptions represented by each vertical for the entries in the top-400 list, OEM automotive is instead the largest vertical, accounting for 77 million units, ahead of utilities at about 44 million units and fleet management & MRM representing almost 40 million units.
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