Mobile private networks will connect over 150mn cellular IoT devices by 2030, says report

Transforma Insights has released its forecasts for private network connectivity for IoT for 2019 to 2030, illustrating one of the most dynamic areas of IoT connectivity. Private networks are, of course, already in widespread use with short range technologies such as Wi-Fi and Zigbee currently accounting for around 70% of all connections. What is relatively new is the use of private networks using wide area technologies such as 4G and 5G. 

At the end of 2030 Transforma Insights expects that there will be more than 150 million cellular devices connected to on-premise private networks, up from 3 million at the end of 2019. As a proportion of all cellular devices this represents a growth from 0.3% to 3% of all connections. Today the majority of these devices are LTE, but over the forecast period the balance shifts towards 5G, particularly in the form of mMTC Low Power Wide Area devices.

This changing trend is best illustrated by looking at device sales. At the end of 2019 just 0.4% of the 406 million global cellular IoT device sales were destined to be connected to private cellular networks. That compares to almost 5% at the end of 2030. The figures for 5G (non-mMTC) are even more pronounced, with over 6% of shipments in 2030 accounted for by private networks.

The Forecast Database contains highly granular information for every country in the world, 20 vertical sectors and 67 different applications, allowing for highly targeted analysis. The biggest vertical in terms of number of unit shipments in 2030 will be Agriculture, which particularly makes use of private mMTC networks, followed by Manufacturing and Transportation. The biggest use cases will be Agricultural Monitoring, CCTV, Asset Tracking and Inventory Management. The top region for MPN is North America, followed by China and Europe, with Australasia making a strong showing in fourth place.

The forecasts presented here are taken from Transforma Insights’ Total Addressable Market (TAM) Forecast Database. The TAM Forecasts provide our quantitative view of the market opportunity associated with Digital Transformation and all of the associated technologies. 

The IoT Connected Things forecasts presented are based on an extensive and highly granular research methodology, which involves analysing over 300 combinations of application and vertical across each of 196 countries. 

The TAM Forecast Database presents forecasts from 2019 to 2030 for Revenue Generating Units (RGUs), connected devices, annual shipments and revenue across 20 use cases, 67 application groups, 20 vertical sectors and 198 countries. Device and shipment forecasts include technology splits between cellular (2G, 3G, 4G, 5G), LPWA (5G mMTC and non-mMTC), satellite, short-range and other. Revenue splits between hardware (module and non-module) and recurring (connectivity and service wrap).

Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow


9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, iot home automation is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

Scality’s 2022 forecast: Storage solutions get AI/MLOps upgrade, enhanced ransomware protection

Posted on: December 8, 2021

London, UK. 7 December 2021 – Scality announced its data storage predictions for 2022, coming off a year when ransomware attacks have exploded, skills shortages remain, and cloud adoption continues. This year’s forecast homes in on how storage solutions will evolve to meet these challenges and how emerging technologies will impact the data storage landscape.

Read more

Virtana free tier offering lets enterprises experience simplified hybrid cloud optimisation at no cost

Posted on: December 8, 2021

Virtana announced the immediate availability of a free version of Virtana Optimize, its cloud optimisation solution. The Free Tier offering complements the Premium version of Virtana Optimize, allowing for frictionless customer adoption.

Read more