Proving the Business Case for the Internet of Things

Berg analyses top 400 cellular IoT deployments

Steve Rogerson
December 17, 2019
The 400 largest cellular IoT deployments together account for 279 million units, according to market watcher Berg Insight.
The analyst has created a database covering the 400 largest cellular IoT deployments identified as part of the company’s IoT market research activities since 2004. The list includes various types of projects and product categories deployed across all types of vertical markets including aftermarket automotive, fleet management and mobile resource management (MRM), healthcare, OEM automotive, retail applications, smart homes and buildings, utilities, wearables and consumer electronics, and industrial M2M.
The database includes project size and geographical distribution by the end of 2018 as well as a five-year forecast for each individual project.
“The projects included in the top-400 list together account for approximately 279 million active cellular IoT subscriptions,” said Rickard Andersson, principal analyst at Berg Insight.
This corresponds to as much as 23 per cent of the total number of cellular IoT connections worldwide at the end of 2018. The 400 projects on the list are, in the coming years, forecasted to grow to 652 million units by 2023, corresponding to an overall compound annual growth rate of 18.5 per cent.
“More than 50 deployments on the list have surpassed one million subscriptions and the top ten projects alone account for over 95 million units,” said Andersson.
Fleet management and MRM is the largest vertical in terms of the number of projects that made the top list, followed by retail applications, aftermarket automotive, utilities and OEM automotive as well as smart homes and buildings.
When comparing the number of active subscriptions represented by each vertical for the entries in the top-400 list, OEM automotive is instead the largest vertical, accounting for 77 million units, ahead of utilities at about 44 million units and fleet management and MRM representing almost 40 million units.