Global Cellular IoT Market 2018-2026: Increasing Demand in Smart Cities to Place the Cellular IoT Market on an Upward Growth Trajectory
According to a recent market research report titled, 'Cellular IoT Market - Global Industry Analysis 2013–2017 and Forecast 2018–2026', the cellular IoT market was valued at US$ 1,145.2 Mn in 2017, and is expected to register a CAGR of 26.7% from 2018 to 2026. The increasing demand for connected devices across verticals and the implementation of advanced cellular technologies such as 5G, NB-IoT, LTE-M, and others are the major factors driving the growth of the cellular IoT market. Also, the...
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