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Cellular IoT connections to grow to 5.5 billion by 2027

Cellular IoT connections to grow to 5.5 billion by 2027

Source:our siteTime:2022-08-12Views:

The Ericsson Mobility Market Report predicts that there will be 5.5 billion cellular IoT connections in 2027, up from 1.9 billion in 2021.

When we talk about 5G wireless, we tend to think of smartphones and focus on the high-speed broadband that 5G can provide. But smartphones are just one of many use cases for 5G.


In addition to high performance, 5G also has other features, such as low latency, low power consumption, good security, and the use of network slicing technology. That said, 5G is an attractive technology for a variety of applications including IoT, wearables, VR/AR headsets and metaverse, surveillance, healthcare, industrial, automotive, and more.

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In fact, by 2026, industrial machine-to-machine (M2M) applications are expected to account for 70% of 5G non-mobile phone sales, especially in China; meanwhile, the Ericsson Mobility Market Report predicts that cellular IoT connections will grow from 2021 in 2027 1.9 billion in 2010 to 5.5 billion.

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