Total number of IoT connections to reach 83 billion by 2024

The total number of IoT connections will reach 83 billion by 2024, rising from 35 billion connections in 2020, according to Juniper Research. This represents a growth of 130% over the next 4 years. The research identified the industrial sector as a key driver of this growth. It forecast that this expansion will be driven by the increasing use of private networks that leverage cellular networks standards. Industrial sector to account for a total of … More

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