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Agency: IoT cellular connections grow, 4G is expected to account for only 49% in 2030
On September 19th, the latest report from Strategy Analytics pointed out that during the period 2022-2030, the compound annual growth rate (CAGR) of the Internet of Things will reach 14%.
On September 19th, the latest report from Strategy Analytics pointed out that during the period 2022-2030, the compound annual growth rate (CAGR) of the Internet of Things will reach 14%. During the forecast period, North America and Asia Pacific are expected to grow at a compound annual growth rate (CAGR) of 16% and 14%, respectively.
According to Strategy Analytics, the technology mix will change between 2022 and 2030, with 5G strongly replacing 4G connections, from 4G accounting for 71% of connections in 2022 to just 49% in 2030.
The report touched on the promise of cellular connectivity for the Internet of Things, saying that 4G will continue to dominate in general, especially in China, but elsewhere as well. 3G will be phased out as most connections move to 4G. 5G is expected to account for 47% by 2030, while 4G will remain the dominant technology at 49%.
According to reports, the adoption of 5G may occur in different stages, with eMBB gaining mass adoption first, followed by uRLLC, and mMTC showing a long tail effect.
Time:2024-11-18
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Time:2024-11-18
Time:2024-11-18
Time:2024-11-16
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