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Reading: The five hundred largest mobile IoT deployments collectively account for 632 million items
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The Wall Street Publication > Blog > Business > The five hundred largest mobile IoT deployments collectively account for 632 million items
Business

The five hundred largest mobile IoT deployments collectively account for 632 million items

Editorial Board Published December 23, 2024
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The five hundred largest mobile IoT deployments collectively account for 632 million items
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Berg Perception presents its yearly up to date database protecting the five hundred largest mobile IoT deployments recognized as a part of the corporate’s world-class IoT market analysis actions since 2004.

The intensive record contains numerous sorts of initiatives and product classes deployed throughout all sorts of vertical markets together with OEM automotive, aftermarket automotive, transport & logistics, utilities, infrastructure, buildings & safety, retail, industrial, client electronics, healthcare and different. The database contains undertaking dimension and geographical distribution by the top of 2023 in addition to a 5-year forecast for every particular person undertaking.

“The projects included in the top-500 list together account for approximately 632 million active cellular IoT subscriptions”, mentioned Rickard Andersson, Principal Analyst, Berg Perception.

He provides that this corresponds to as a lot as 19.3 p.c of the entire variety of mobile IoT connections worldwide on the finish of 2023. The five hundred initiatives on the record are within the coming years forecasted to develop to 1.05 billion items by 2028, akin to an total compound annual development price (CAGR) of 10.7 p.c.

“More than 100 deployments on the list have surpassed 1 million subscriptions, and the top-10 projects alone account for 210 million units”, continued Mr. Andersson.

graphic: number of projects by iot vertical on berg insight top 500 list world 2023

Transport & logistics is the biggest vertical by way of the variety of initiatives that made the highest record, adopted by utilities, retail, aftermarket automotive, OEM automotive, buildings & safety and healthcare.

Mr. Andersson, concluded:

“When comparing the number of active subscriptions represented by each vertical for the entries in the top-500 list, OEM automotive is instead the largest vertical, accounting for 230 million units, ahead of utilities at 139 million units and transport & logistics representing 105 million units.”

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