IoT devices with the telecom network

  • At the moment, mobile network operators (MNOs) (Vodafone, T-Mobile, AT&T, Verizon, etc.) are blazing a trail to 5G mass adoption. To connect their IoT devices with the telecom network, MNOs rely on such 5G technologies as Narrowband IoT (NB-IoT) and CAT-M1 (aka LTE-M). These are technologies that empower massive IoT allowing to connect low-cost and low-complexity devices with longer battery life and rather low throughput. Here are all cellular IoT segments leveraging 5G capabilities
    According to the Ericsson study, 25% of 114 service providers have already rolled out both technologies (LTE-M and NB-IoT), forecasted to account for 52% of all cellular IoT connections by 2025.

    In the next four years, 5G-enabled IoT connections will grow by 1,400% (from over 500 million in 2020 to a staggering 8 billion in 2024). 5G IoT will be one of the leading telecom industry trends this and the following years allowing Communications Service Providers (CSPs) to finally monetize their IoT connectivity programs. Another research showed that telcos could only receive 2% of their total revenue from implemented IoT initiatives. The problem with IoT connectivity monetization is high competition in the market and a pool of connectivity solutions available for much lower prices.

    Hence, telcos should go beyond their current IoT monetization models, focusing not only on connectivity but other areas of influence as well. For example, network operators can provide solutions for analytics of massive volumes of data generated by IoT connected devices, IoT security, APIs for deployments of IoT applications, automation solutions for IoT ecosystem orchestration, etc.

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