The 500 largest cellular IoT projects worldwide – 5th Edition

December 2021 •
Report ID: 6193210 •
Format: PDF

Summary
Table of contents

Berg Insight presents the fifth edition of its unique database comprising the 500 largest cellular IoT deployments identified as part of the company’s on-going world-class IoT market research activities. The extensive list includes various types of projects and product categories across all types of vertical markets including OEM automotive, aftermarket
automotive, transport & logistics, utilities, infrastructure, buildings & security, retail, industrial, consumer electronics, healthcare and other. The database includes project size and geographical distribution by the end of 2020 as well as a 5-year forecast for each individual project.

The projects included in the top-500 list together account for approximately 418.5 million active cellular IoT connections. This corresponds to as much as 24.1 percent of the total number of cellular IoT connections worldwide at the end of 2020. As many as 80 deployments on the list have surpassed 1 million units, and the top-10 projects account for almost 137 million units. Transport & logistics is the largest vertical in terms of the number of projects on the top list, followed by aftermarket automotive, retail, utilities, buildings & security, OEM automotive, healthcare and industrial. When comparing the number of active units represented by each vertical for the entries in the top-500 list, OEM automotive is instead the largest vertical, accounting for 125.9 million units, ahead of transport & logistics at 88.8 million units and utilities representing 86.5 million units.

The North American and European markets represent 105.6 million units and 106.0 million units respectively of the active M2M/IoT units across all verticals on the top list. The Rest of World market furthermore accounts for 176.1 million units. The 500 projects on the top list are in the coming five years forecasted to grow from an aggregate total of 418.5 million units to represent 842.0 million units globally by 2025. This corresponds to an overall compound annual growth rate (CAGR) of 15.0 percent.

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