Why should cellular IoT be different to other technology rollouts?
For generations, technology adoption has developed in a consistent manner:
- A product is introduced.
- Early adopters pay a premium to be first to use it.
- More of the market sees the value and pays a high price for access to the technology.
- The product hits mainstream, enabling manufacturers to lower the price, due to high volume sales.
It was that way with the first PCs, the first VCRs, the first cell phones, you name it.
It’s ultimately a matter of supply and demand. The more people want the technology, the lower it can be priced.
Along comes the Internet of Things,...