Global LTE IoT Market to Reach $21.5 Billion by 2030

Rhea-AI Summary

The global LTE IoT market, valued at $6.7 billion in 2022, is projected to escalate to $21.5 billion by 2030, achieving a CAGR of 15.7%. Notably, the NB-IoT segment is expected to grow at a 16.7% CAGR, reaching $14.1 billion. The U.S. market stands at $2 billion, while China is anticipated to grow to $3.6 billion by 2030, with a CAGR of 14.7%. Germany, Japan, and Canada are also forecasted to experience steady growth rates. Despite current economic uncertainties, including high inflation and potential recession, opportunities exist for businesses that can adapt to these challenges. Detailed market analysis is available in the full report.

Positive

• LTE IoT market expected to grow from $6.7 billion in 2022 to $21.5 billion by 2030.
• Projected CAGR of 15.7% for the LTE IoT market.
• NB-IoT segment anticipated to grow at 16.7% CAGR, reaching $14.1 billion.
• U.S. LTE IoT market estimated at $2 billion in 2022.

Negative

• High inflation and economic uncertainty may impact consumer spending and business investments.
• Potential global recession affecting market growth prospects.

NEW YORK, Feb. 9, 2023 /PRNewswire/ -- The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

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Global LTE IoT Market to Reach $21.5 Billion by 2030

In the changed post COVID-19 business landscape, the global market for LTE IoT estimated at US$6.7 Billion in the year 2022, is projected to reach a revised size of US$21.5 Billion by 2030, growing at aCAGR of 15.7% over the period 2022-2030. NB-IoT, one of the segments analyzed in the report, is projected to record 16.7% CAGR and reach US$14.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the LTE-M segment is readjusted to a revised 13.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 14.7% CAGR

The LTE IoT market in the U.S. is estimated at US$2 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.6 Billion by the year 2030 trailing a CAGR of 14.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.9% and 12.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.1% CAGR.

Select Competitors (Total 33 Featured)

- Actility

- Athonet

- Ericsson

- Link Labs

- Mediatek

- Netnumber

- Orange

- Puresoftware

- Sequans Communications

- Sierra Wireless

- T Mobile

- Telensa

- Telstra

- Telus

- Vodafone Group

Read the full report: https://www.reportlinker.com/p06032092/?utm_source=PRN

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights

World Market Trajectories

Impact of Covid-19 and a Looming Global Recession

LTE IoT - Global Key Competitors Percentage Market Share in

2022 (E)

Competitive Market Presence - Strong/Active/Niche/Trivial for

Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

Table 1: World LTE IoT Market Analysis of Annual Sales in US$

Thousand for Years 2012 through 2030

Table 2: World Recent Past, Current & Future Analysis for LTE

IoT by Geographic Region - USA, Canada, Japan, China, Europe,

Asia-Pacific and Rest of World Markets - Independent Analysis

of Annual Revenues in US$ Thousand for Years 2022 through 2030

and % CAGR

Table 3: World 8-Year Perspective for LTE IoT by Geographic

Region - Percentage Breakdown of Value Revenues for USA,

Canada, Japan, China, Europe, Asia-Pacific and Rest of World

Markets for Years 2023 & 2030

Table 4: World Recent Past, Current & Future Analysis for

NB-IoT by Geographic Region - USA, Canada, Japan, China,

Europe, Asia-Pacific and Rest of World Markets - Independent

Analysis of Annual Revenues in US$ Thousand for Years 2022

through 2030 and % CAGR

Table 5: World 8-Year Perspective for NB-IoT by Geographic

Region - Percentage Breakdown of Value Revenues for USA,

Canada, Japan, China, Europe, Asia-Pacific and Rest of World

for Years 2023 & 2030

Table 6: World Recent Past, Current & Future Analysis for LTE-M

by Geographic Region - USA, Canada, Japan, China, Europe,

Asia-Pacific and Rest of World Markets - Independent Analysis

of Annual Revenues in US$ Thousand for Years 2022 through 2030

and % CAGR

Table 7: World 8-Year Perspective for LTE-M by Geographic

Region - Percentage Breakdown of Value Revenues for USA,

Canada, Japan, China, Europe, Asia-Pacific and Rest of World

for Years 2023 & 2030

Table 8: World Recent Past, Current & Future Analysis for

Professional Services by Geographic Region - USA, Canada,

Japan, China, Europe, Asia-Pacific and Rest of World Markets -

Independent Analysis of Annual Revenues in US$ Thousand for

Years 2022 through 2030 and % CAGR

Table 9: World 8-Year Perspective for Professional Services by

Geographic Region - Percentage Breakdown of Value Revenues for

USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of

World for Years 2023 & 2030

Table 10: World Recent Past, Current & Future Analysis for

Managed Services by Geographic Region - USA, Canada, Japan,

China, Europe, Asia-Pacific and Rest of World Markets -

Independent Analysis of Annual Revenues in US$ Thousand for

Years 2022 through 2030 and % CAGR

Table 11: World 8-Year Perspective for Managed Services by

Geographic Region - Percentage Breakdown of Value Revenues for

USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of

World for Years 2023 & 2030

Table 12: World Recent Past, Current & Future Analysis for

Manufacturing by Geographic Region - USA, Canada, Japan, China,

Europe, Asia-Pacific and Rest of World Markets - Independent

Analysis of Annual Revenues in US$ Thousand for Years 2022

through 2030 and % CAGR

Table 13: World 8-Year Perspective for Manufacturing by

Geographic Region - Percentage Breakdown of Value Revenues for

USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of

World for Years 2023 & 2030

Table 14: World Recent Past, Current & Future Analysis for

Energy & Utilities by Geographic Region - USA, Canada, Japan,

China, Europe, Asia-Pacific and Rest of World Markets -

Independent Analysis of Annual Revenues in US$ Thousand for

Years 2022 through 2030 and % CAGR

Table 15: World 8-Year Perspective for Energy & Utilities by

Geographic Region - Percentage Breakdown of Value Revenues for

USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of

World for Years 2023 & 2030

Table 16: World Recent Past, Current & Future Analysis for

Healthcare by Geographic Region - USA, Canada, Japan, China,

Europe, Asia-Pacific and Rest of World Markets - Independent

Analysis of Annual Revenues in US$ Thousand for Years 2022

through 2030 and % CAGR

Table 17: World 8-Year Perspective for Healthcare by Geographic

Region - Percentage Breakdown of Value Revenues for USA,

Canada, Japan, China, Europe, Asia-Pacific and Rest of World

for Years 2023 & 2030

Table 18: World Recent Past, Current & Future Analysis for

Transportation & Logistics by Geographic Region - USA, Canada,

Japan, China, Europe, Asia-Pacific and Rest of World Markets -

Independent Analysis of Annual Revenues in US$ Thousand for

Years 2022 through 2030 and % CAGR

Table 19: World 8-Year Perspective for Transportation &

Logistics by Geographic Region - Percentage Breakdown of Value

Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific

and Rest of World for Years 2023 & 2030

Table 20: World Recent Past, Current & Future Analysis for

Agriculture by Geographic Region - USA, Canada, Japan, China,

Europe, Asia-Pacific and Rest of World Markets - Independent

Analysis of Annual Revenues in US$ Thousand for Years 2022

through 2030 and % CAGR

Table 21: World 8-Year Perspective for Agriculture by

Geographic Region - Percentage Breakdown of Value Revenues for

USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of

World for Years 2023 & 2030

III. MARKET ANALYSIS

UNITED STATES

LTE IoT Market Presence - Strong/Active/Niche/Trivial - Key

Competitors in the United States for 2023 (E)

Table 22: USA Recent Past, Current & Future Analysis for LTE

IoT by Technology - NB-IoT and LTE-M - Independent Analysis of

Annual Revenues in US$ Thousand for the Years 2022 through 2030

and % CAGR

Table 23: USA 8-Year Perspective for LTE IoT by Technology -

Percentage Breakdown of Value Revenues for NB-IoT and LTE-M for

the Years 2023 & 2030

Table 24: USA Recent Past, Current & Future Analysis for LTE

IoT by Service - Professional Services and Managed Services -

Independent Analysis of Annual Revenues in US$ Thousand for the

Years 2022 through 2030 and % CAGR

Table 25: USA 8-Year Perspective for LTE IoT by Service -

Percentage Breakdown of Value Revenues for Professional

Services and Managed Services for the Years 2023 & 2030

Table 26: USA Recent Past, Current & Future Analysis for LTE

IoT by End-Use - Manufacturing, Energy & Utilities, Healthcare,

Transportation & Logistics and Agriculture - Independent

Analysis of Annual Revenues in US$ Thousand for the Years 2022

through 2030 and % CAGR

Table 27: USA 8-Year Perspective for LTE IoT by End-Use -

Percentage Breakdown of Value Revenues for Manufacturing,

Energy & Utilities, Healthcare, Transportation & Logistics and

Agriculture for the Years 2023 & 2030

CANADA

Table 28: Canada Recent Past, Current & Future Analysis for LTE

IoT by Technology - NB-IoT and LTE-M - Independent Analysis of

Annual Revenues in US$ Thousand for the Years 2022 through 2030

and % CAGR

Table 29: Canada 8-Year Perspective for LTE IoT by Technology -

Percentage Breakdown of Value Revenues for NB-IoT and LTE-M for

the Years 2023 & 2030

Table 30: Canada Recent Past, Current & Future Analysis for LTE

IoT by Service - Professional Services and Managed Services -

Independent Analysis of Annual Revenues in US$ Thousand for the

Years 2022 through 2030 and % CAGR

Table 31: Canada 8-Year Perspective for LTE IoT by Service -

Percentage Breakdown of Value Revenues for Professional

Services and Managed Services for the Years 2023 & 2030

Table 32: Canada Recent Past, Current & Future Analysis for LTE

IoT by End-Use - Manufacturing, Energy & Utilities, Healthcare,

Transportation & Logistics and Agriculture - Independent

Analysis of Annual Revenues in US$ Thousand for the Years 2022

through 2030 and % CAGR

Table 33: Canada 8-Year Perspective for LTE IoT by End-Use -

Percentage Breakdown of Value Revenues for Manufacturing,

Energy & Utilities, Healthcare, Transportation & Logistics and

Agriculture for the Years 2023 & 2030

JAPAN

LTE IoT Market Presence - Strong/Active/Niche/Trivial - Key

Competitors in Japan for 2023 (E)

Table 34: Japan Recent Past, Current & Future Analysis for LTE

IoT by Technology - NB-IoT and LTE-M - Independent Analysis of

Annual Revenues in US$ Thousand for the Years 2022 through 2030

and % CAGR

Table 35: Japan 8-Year Perspective for LTE IoT by Technology -

Percentage Breakdown of Value Revenues for NB-IoT and LTE-M for

the Years 2023 & 2030

Table 36: Japan Recent Past, Current & Future Analysis for LTE

IoT by Service - Professional Services and Managed Services -

Independent Analysis of Annual Revenues in US$ Thousand for the

Years 2022 through 2030 and % CAGR

Table 37: Japan 8-Year Perspective for LTE IoT by Service -

Percentage Breakdown of Value Revenues for Professional

Services and Managed Services for the Years 2023 & 2030

Table 38: Japan Recent Past, Current & Future Analysis for LTE

IoT by End-Use - Manufacturing, Energy & Utilities, Healthcare,

Transportation & Logistics and Agriculture - Independent

Analysis of Annual Revenues in US$ Thousand for the Years 2022

through 2030 and % CAGR

Table 39: Japan 8-Year Perspective for LTE IoT by End-Use -

Percentage Breakdown of Value Revenues for Manufacturing,

Energy & Utilities, Healthcare, Transportation & Logistics and

Agriculture for the Years 2023 & 2030

CHINA

LTE IoT Market Presence - Strong/Active/Niche/Trivial - Key

Competitors in China for 2023 (E)

Table 40: China Recent Past, Current & Future Analysis for LTE

IoT by Technology - NB-IoT and LTE-M - Independent Analysis of

Annual Revenues in US$ Thousand for the Years 2022 through 2030

and % CAGR

Table 41: China 8-Year Perspective for LTE IoT by Technology -

Percentage Breakdown of Value Revenues for NB-IoT and LTE-M for

the Years 2023 & 2030

Table 42: China Recent Past, Current & Future Analysis for LTE

IoT by Service - Professional Services and Managed Services -

Independent Analysis of Annual Revenues in US$ Thousand for the

Years 2022 through 2030 and % CAGR

Table 43: China 8-Year Perspective for LTE IoT by Service -

Percentage Breakdown of Value Revenues for Professional

Services and Managed Services for the Years 2023 & 2030

Table 44: China Recent Past, Current & Future Analysis for LTE

IoT by End-Use - Manufacturing, Energy & Utilities, Healthcare,

Transportation & Logistics and Agriculture - Independent

Analysis of Annual Revenues in US$ Thousand for the Years 2022

through 2030 and % CAGR

Table 45: China 8-Year Perspective for LTE IoT by End-Use -

Percentage Breakdown of Value Revenues for Manufacturing,

Energy & Utilities, Healthcare, Transportation & Logistics and

Agriculture for the Years 2023 & 2030

EUROPE

LTE IoT Market Presence - Strong/Active/Niche/Trivial - Key

Competitors in Europe for 2023 (E)

Table 46: Europe Recent Past, Current & Future Analysis for LTE

IoT by Geographic Region - France, Germany, Italy, UK and Rest

of Europe Markets - Independent Analysis of Annual Revenues in

US$ Thousand for Years 2022 through 2030 and % CAGR

Table 47: Europe 8-Year Perspective for LTE IoT by Geographic

Region - Percentage Breakdown of Value Revenues for France,

Germany, Italy, UK and Rest of Europe Markets for Years 2023 &

2030

Table 48: Europe Recent Past, Current & Future Analysis for LTE

IoT by Technology - NB-IoT and LTE-M - Independent Analysis of

Annual Revenues in US$ Thousand for the Years 2022 through 2030

and % CAGR

Table 49: Europe 8-Year Perspective for LTE IoT by Technology -

Percentage Breakdown of Value Revenues for NB-IoT and LTE-M for

the Years 2023 & 2030

Table 50: Europe Recent Past, Current & Future Analysis for LTE

IoT by Service - Professional Services and Managed Services -

Independent Analysis of Annual Revenues in US$ Thousand for the

Years 2022 through 2030 and % CAGR

Table 51: Europe 8-Year Perspective for LTE IoT by Service -

Percentage Breakdown of Value Revenues for Professional

Services and Managed Services for the Years 2023 & 2030

Table 52: Europe Recent Past, Current & Future Analysis for LTE

IoT by End-Use - Manufacturing, Energy & Utilities, Healthcare,

Transportation & Logistics and Agriculture - Independent

Analysis of Annual Revenues in US$ Thousand for the Years 2022

through 2030 and % CAGR

Table 53: Europe 8-Year Perspective for LTE IoT by End-Use -

Percentage Breakdown of Value Revenues for Manufacturing,

Energy & Utilities, Healthcare, Transportation & Logistics and

Agriculture for the Years 2023 & 2030

FRANCE

LTE IoT Market Presence - Strong/Active/Niche/Trivial - Key

Competitors in France for 2023 (E)

Table 54: France Recent Past, Current & Future Analysis for LTE

IoT by Technology - NB-IoT and LTE-M - Independent Analysis of

Annual Revenues in US$ Thousand for the Years 2022 through 2030

and % CAGR

Table 55: France 8-Year Perspective for LTE IoT by Technology -

Percentage Breakdown of Value Revenues for NB-IoT and LTE-M for

the Years 2023 & 2030

Table 56: France Recent Past, Current & Future Analysis for LTE

IoT by Service - Professional Services and Managed Services -

Independent Analysis of Annual Revenues in US$ Thousand for the

Years 2022 through 2030 and % CAGR

Table 57: France 8-Year Perspective for LTE IoT by Service -

Percentage Breakdown of Value Revenues for Professional

Services and Managed Services for the Years 2023 & 2030

Table 58: France Recent Past, Current & Future Analysis for LTE

IoT by End-Use - Manufacturing, Energy & Utilities, Healthcare,

Transportation & Logistics and Agriculture - Independent

Analysis of Annual Revenues in US$ Thousand for the Years 2022

through 2030 and % CAGR

Table 59: France 8-Year Perspective for LTE IoT by End-Use -

Percentage Breakdown of Value Revenues for Manufacturing,

Energy & Utilities, Healthcare, Transportation & Logistics and

Agriculture for the Years 2023 & 2030

GERMANY

LTE IoT Market Presence - Strong/Active/Niche/Trivial - Key

Competitors in Germany for 2023 (E)

Table 60: Germany Recent Past, Current & Future Analysis for

LTE IoT by Technology - NB-IoT and LTE-M - Independent Analysis

of Annual Revenues in US$ Thousand for the Years 2022 through

2030 and % CAGR

Table 61: Germany 8-Year Perspective for LTE IoT by Technology -

Percentage Breakdown of Value Revenues for NB-IoT and LTE-M

for the Years 2023 & 2030

Table 62: Germany Recent Past, Current & Future Analysis for

LTE IoT by Service - Professional Services and Managed Services -

Independent Analysis of Annual Revenues in US$ Thousand for

the Years 2022 through 2030 and % CAGR

Table 63: Germany 8-Year Perspective for LTE IoT by Service -

Percentage Breakdown of Value Revenues for Professional

Services and Managed Services for the Years 2023 & 2030

Table 64: Germany Recent Past, Current & Future Analysis for

LTE IoT by End-Use - Manufacturing, Energy & Utilities,

Healthcare, Transportation & Logistics and Agriculture -

Independent Analysis of Annual Revenues in US$ Thousand for the

Years 2022 through 2030 and % CAGR

Table 65: Germany 8-Year Perspective for LTE IoT by End-Use -

Percentage Breakdown of Value Revenues for Manufacturing,

Energy & Utilities, Healthcare, Transportation & Logistics and

Agriculture for the Years 2023 & 2030

ITALY

Table 66: Italy Recent Past, Current & Future Analysis for LTE

IoT by Technology - NB-IoT and LTE-M - Independent Analysis of

Annual Revenues in US$ Thousand for the Years 2022 through 2030

and % CAGR

Table 67: Italy 8-Year Perspective for LTE IoT by Technology -

Percentage Breakdown of Value Revenues for NB-IoT and LTE-M for

the Years 2023 & 2030

Table 68: Italy Recent Past, Current & Future Analysis for LTE

IoT by Service - Professional Services and Managed Services -

Independent Analysis of Annual Revenues in US$ Thousand for the

Years 2022 through 2030 and % CAGR

Table 69: Italy 8-Year Perspective for LTE IoT by Service -

Percentage Breakdown of Value Revenues for Professional

Services and Managed Services for the Years 2023 & 2030

Table 70: Italy Recent Past, Current & Future Analysis for LTE

IoT by End-Use - Manufacturing, Energy & Utilities, Healthcare,

Transportation & Logistics and Agriculture - Independent

Analysis of Annual Revenues in US$ Thousand for the Years 2022

through 2030 and % CAGR

Table 71: Italy 8-Year Perspective for LTE IoT by End-Use -

Percentage Breakdown of Value Revenues for Manufacturing,

Energy & Utilities, Healthcare, Transportation & Logistics and

Agriculture for the Years 2023 & 2030

UNITED KINGDOM

LTE IoT Market Presence - Strong/Active/Niche/Trivial - Key

Competitors in the United Kingdom for 2023 (E)

Table 72: UK Recent Past, Current & Future Analysis for LTE IoT

by Technology - NB-IoT and LTE-M - Independent Analysis of

Annual Revenues in US$ Thousand for the Years 2022 through 2030

and % CAGR

Table 73: UK 8-Year Perspective for LTE IoT by Technology -

Percentage Breakdown of Value Revenues for NB-IoT and LTE-M for

the Years 2023 & 2030

Table 74: UK Recent Past, Current & Future Analysis for LTE IoT

by Service - Professional Services and Managed Services -

Independent Analysis of Annual Revenues in US$ Thousand for the

Years 2022 through 2030 and % CAGR

Table 75: UK 8-Year Perspective for LTE IoT by Service -

Percentage Breakdown of Value Revenues for Professional

Services and Managed Services for the Years 2023 & 2030

Table 76: UK Recent Past, Current & Future Analysis for LTE IoT

by End-Use - Manufacturing, Energy & Utilities, Healthcare,

Transportation & Logistics and Agriculture - Independent

Analysis of Annual Revenues in US$ Thousand for the Years 2022

through 2030 and % CAGR

Table 77: UK 8-Year Perspective for LTE IoT by End-Use -

Percentage Breakdown of Value Revenues for Manufacturing,

Energy & Utilities, Healthcare, Transportation & Logistics and

Agriculture for the Years 2023 & 2030

REST OF EUROPE

Table 78: Rest of Europe Recent Past, Current & Future Analysis

for LTE IoT by Technology - NB-IoT and LTE-M - Independent

Analysis of Annual Revenues in US$ Thousand for the Years 2022

through 2030 and % CAGR

Table 79: Rest of Europe 8-Year Perspective for LTE IoT by

Technology - Percentage Breakdown of Value Revenues for NB-IoT

and LTE-M for the Years 2023 & 2030

Table 80: Rest of Europe Recent Past, Current & Future Analysis

for LTE IoT by Service - Professional Services and Managed

Services - Independent Analysis of Annual Revenues in US$

Thousand for the Years 2022 through 2030 and % CAGR

Table 81: Rest of Europe 8-Year Perspective for LTE IoT by

Service - Percentage Breakdown of Value Revenues for

Professional Services and Managed Services for the Years 2023 &

2030

Table 82: Rest of Europe Recent Past, Current & Future Analysis

for LTE IoT by End-Use - Manufacturing, Energy & Utilities,

Healthcare, Transportation & Logistics and Agriculture -

Independent Analysis of Annual Revenues in US$ Thousand for the

Years 2022 through 2030 and % CAGR

Table 83: Rest of Europe 8-Year Perspective for LTE IoT by

End-Use - Percentage Breakdown of Value Revenues for

Manufacturing, Energy & Utilities, Healthcare, Transportation &

Logistics and Agriculture for the Years 2023 & 2030

ASIA-PACIFIC

LTE IoT Market Presence - Strong/Active/Niche/Trivial - Key

Competitors in Asia-Pacific for 2023 (E)

Table 84: Asia-Pacific Recent Past, Current & Future Analysis

for LTE IoT by Technology - NB-IoT and LTE-M - Independent

Analysis of Annual Revenues in US$ Thousand for the Years 2022

through 2030 and % CAGR

Table 85: Asia-Pacific 8-Year Perspective for LTE IoT by

Technology - Percentage Breakdown of Value Revenues for NB-IoT

and LTE-M for the Years 2023 & 2030

Table 86: Asia-Pacific Recent Past, Current & Future Analysis

for LTE IoT by Service - Professional Services and Managed

Services - Independent Analysis of Annual Revenues in US$

Thousand for the Years 2022 through 2030 and % CAGR

Table 87: Asia-Pacific 8-Year Perspective for LTE IoT by

Service - Percentage Breakdown of Value Revenues for

Professional Services and Managed Services for the Years 2023 &

2030

Table 88: Asia-Pacific Recent Past, Current & Future Analysis

for LTE IoT by End-Use - Manufacturing, Energy & Utilities,

Healthcare, Transportation & Logistics and Agriculture -

Independent Analysis of Annual Revenues in US$ Thousand for the

Years 2022 through 2030 and % CAGR

Table 89: Asia-Pacific 8-Year Perspective for LTE IoT by

End-Use - Percentage Breakdown of Value Revenues for

Manufacturing, Energy & Utilities, Healthcare, Transportation &

Logistics and Agriculture for the Years 2023 & 2030

REST OF WORLD

Table 90: Rest of World Recent Past, Current & Future Analysis

for LTE IoT by Technology - NB-IoT and LTE-M - Independent

Analysis of Annual Revenues in US$ Thousand for the Years 2022

through 2030 and % CAGR

Table 91: Rest of World 8-Year Perspective for LTE IoT by

Technology - Percentage Breakdown of Value Revenues for NB-IoT

and LTE-M for the Years 2023 & 2030

Table 92: Rest of World Recent Past, Current & Future Analysis

for LTE IoT by Service - Professional Services and Managed

Services - Independent Analysis of Annual Revenues in US$

Thousand for the Years 2022 through 2030 and % CAGR

Table 93: Rest of World 8-Year Perspective for LTE IoT by

Service - Percentage Breakdown of Value Revenues for

Professional Services and Managed Services for the Years 2023 &

2030

Table 94: Rest of World Recent Past, Current & Future Analysis

for LTE IoT by End-Use - Manufacturing, Energy & Utilities,

Healthcare, Transportation & Logistics and Agriculture -

Independent Analysis of Annual Revenues in US$ Thousand for the

Years 2022 through 2030 and % CAGR

Table 95: Rest of World 8-Year Perspective for LTE IoT by

End-Use - Percentage Breakdown of Value Revenues for

Manufacturing, Energy & Utilities, Healthcare, Transportation &

Logistics and Agriculture for the Years 2023 & 2030

IV. COMPETITION

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FAQ

What is the projected growth of the LTE IoT market by 2030?

The LTE IoT market is projected to grow from $6.7 billion in 2022 to $21.5 billion by 2030.

What is the expected CAGR for the NB-IoT segment?

The NB-IoT segment is expected to grow at a CAGR of 16.7%.

What challenges are facing the LTE IoT market in 2023?

Challenges include high inflation, economic uncertainty, and potential recession which may impact investments and consumer spending.

How large is the U.S. LTE IoT market in 2022?

The U.S. LTE IoT market is estimated at $2 billion in 2022.

What growth rate is forecast for the LTE IoT market in China?

China's LTE IoT market is forecast to grow at a CAGR of 14.7%, reaching $3.6 billion by 2030.