REDWOOD CITY, Calif. – January 17, 2018 – According to a brand new report from Dell’Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, Internet of Things (IoT) represents a tremendous opportunity for vendors and operators to expand their revenues both by reaching new customers and by moving up the value chain. The recently released Wide Area IoT report suggests that Wide Area IoT applications will generate nearly $33 B of revenue for Service Providers and mobile infrastructure vendors by 2022, growing around 2.5x over 2017 levels. Services based on cellular technologies are expected to account for over 98 percent of Service Provider Wide Area IoT revenues.
“Service Providers have invested in cellular technologies for the past 30-plus years,” said Stefan Pongratz, Senior Director at Dell’Oro Group. “And they are now in a unique position to capture new revenue from a diverse set of IoT use cases with minimal incremental mobile infrastructure investments. The business case using cellular technologies, such as NB-IoT and LTE-M, is extremely compelling. Our analysis suggests the incremental investment in mobile radio access network and core infrastructure will yield around 30x of potential growth for the carriers by the end of the forecast period,” Pongratz continued.
Additional highlights from the Advanced Research: Wide Area IoT Report:
- LTE connections including NB-IoT and LTE-M are expected to dominate the LPWA market.
- 5G NR mMTC connections are expected to be negligible over the forecast period.
The Dell’Oro Group Advanced Research: Wide Area IoT Report assesses the impact of Wide Area IoT on the Mobile Infrastructure RAN and Core markets as well as the potential upside for Service Providers. The report includes a 5-year forecast for the following three core areas:
- Worldwide Wide-Area Cellular and Non-Cellular IoT Connections
- Worldwide Wide-Area Cellular and Non-Cellular Mobile Infrastructure Revenue
- Worldwide Wide-Area Cellular and Non-Cellular Carrier Revenue
To purchase this report, please contact Matt Dear, call +1.650.622.9400 x223 or email Matt@DellOro.com.
Dell’Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, networks, and data center IT markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell’Oro Group at +1.650.622.9400 or visit www.delloro.com.