Oil and gas industry sees rapid growth in IoT devices

The oil and gas industry is experiencing a surge in the adoption of IoT devices, according to a new report from Berg Insight.

Berg Insight’s report forecasts that the installed base of wireless devices featuring cellular, satellite, or low-power wide-area (LPWA) connectivity in the industry will grow at a compound annual growth rate (CAGR) of 19.3 percent, increasing from 7.8 million units at the end of 2023 to 18.8 million connected devices by 2028.

The primary...

Low-power IoT devices to drive massive growth in cellular roaming

A new report from Juniper Research predicts explosive growth in cellular roaming among low-power Internet of Things (IoT) devices over the next five years.

Juniper’s report forecasts that the number of roaming connections from narrowband IoT (NB-IoT) and LTE-M devices will grow over five times from 90 million in 2023 to 490 million by 2028.

The massive increase will be fueled by more bilateral roaming agreements between mobile operators that are tailored to better...

Cellular LPWAN to generate $2.3B in recurring revenue by 2027

Kaleido Intelligence forecasts that cellular LPWAN will generate $2.3 billion in recurring connectivity revenue by 2027.

The figure represents an over twofold increase from the under $900 million set to be generated from cellular LPWAN connectivity in 2022.

“LPWAN has a delicate balancing act to maintain. Data-based monetisation has been shown to be uneconomical for network operators,” says James Moar, Principal Analyst at Kaleido Intelligence.

Europe is...

Eseye and Armis launch solution to secure devices on cellular networks

Global IoT connectivity services provider Eseye has partnered with device security platform Armis to launch a solution for securing devices on cellular networks.

The partners first announced their Connectivity Management Platform in April 2021—boasting the ability for organisations to deploy connected devices anywhere in the world with enterprise-class security and consistent, reliable cellular (4G/LTE/5G) connectivity.

Devices benefit from being able to seamlessly...

ABI Research: 4G is still the go-to for IoT connectivity

A study conducted by ABI Research finds that 4G is still the go-to solution for IoT connectivity.

The new year hasn’t brought with it a new dominant IoT connectivity standard. ABI Research monitored the activities of 1,037 IoT models across 52 module vendors and found competing standards have some way to go to catch up to 4G.

4G accounts for over 60 percent of cellular modules—spanning both high bandwidth CAT12 to CAT20, and high bandwidth CAT1 to CAT4. 5G represents...