According to a study by Beecham Research, there will be 1.22 billion cellular IoT connections (including 2G, 3G, 4G and 5G) by 2021, up from 261 million at the end of 2015.
The growth in cellular IoT connections is driven by:
- Development of smart city, energy and environmental IoT applications in Israel and Arab states
- Remote payments, health care, water systems, and agriculture in Africa
- Smart homes and industrial IoT in the U.S.
- Smart metering in western Europe
Source: Global cellular IoT connections to reach 1.2 billion in 2021, http://www.rcrwireless.com/20160923/asia-pacific/global-cellular-iot-connections-reach-1-2-billion-2021-tag23/amp
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