In short Why it matters The big picture CEOs’ economic concerns remained similar to Q2 2024. According to IoT Analytics’ “What CEOs talked about” report for Q3 2024, CEO discussions related to economic concerns have generally leveled off or decreased in importance quarter-over-quarter (QoQ). There was little change in the number of discussions around interest […] The post What CEOs talked about in Q3 2024: Practical AI applications, renewable energy sources, and unpredictable IT outages appeared first on IoT Analytics. read more

In short Why it matters 5G IoT market overview 25.6 million 5G IoT connections worldwide. According to the 367-page 5G IoT & Private 5G Market Report 2024–2030 (published June 2024), global cellular IoT connections surpassed 3.5 billion in 2023, with 5G IoT connections accounting for 0.7% at 25.6 million. IoT Analytics forecasts the number of […] The post State of private 5G in 2024: Key growth trends, use cases, and forecast appeared first on IoT Analytics. read more

In short Why it matters Industrial digital transformation: An adventurous voyage with unforeseen challenges Digital transformation is like embarking on the Titanic for a daring voyage across the North Atlantic—full of potential but also accompanied by significant risks. While many companies set sail on this journey with high expectations—believing their digital initiatives to be robust […] The post Avoiding digital transformation icebergs: Can industrial DataOps steer projects away from disaster? appeared first on IoT Analytics. read more

In short Why it matters? Status of IoT initiatives in 2024: More successful than ever before Over 90% of IoT use case projects have positive ROI. For years, IoT Analytics has been unable to validate common claims that most IoT projects are unsuccessful, such as the following: According to IoT Analytics’ research found in the […] The post The top 10 IoT use cases appeared first on IoT Analytics. read more

Connected IoT device market update—Summer 2024 Number of connected IoT devices to grow 13% by end of 2024. According to IoT Analytics’ 171-page State of IoT Summer 2024 report, there were 16.6 billion connected IoT devices by the end of 2023 (a growth of 15% over 2022). IoT Analytics expects this to grow 13% to […] The post State of IoT 2024: Number of connected IoT devices growing 13% to 18.8 billion globally appeared first on IoT Analytics. read more

In short Why it matters? Cellular IoT market overview Cellular IoT connections surpassed 3 billion in 2023. According to the 159-page IoT Mobile Operator Pricing and Market Report 2024–2030 and its accompanying mobile operator database* (both published in July 2024), global active cellular IoT connections grew by 24% to 3.6 billion active connections in 2023. […] The post Benchmarking IoT mobile operator pricing: MNOs vs. MVNOs appeared first on IoT Analytics. read more

In short Why it matters? Hannover Messe 2024 Hannover Messe (or Hannover Fair) is the top global industrial tradeshow, and it was back in action in Hannover, Germany, from 22 […] The post Top 10 industrial technology trends—as showcased at Hannover Messe 2024 appeared first on IoT Analytics. read more

In short Why it matters? This article is based on insights from: Global IoT Enterprise Spending (Q2/2024 Update) Already a subscriber? See your dashboard here → Enterprise IoT market overview Enterprise IoT market size grew 15% to $269 billion in 2023 year-over-year (YoY). This is lower than the 18% YoY growth in 2022, according to […] The post IoT market update: Enterprise IoT market size reached $269 billion in 2023, with growth deceleration in 2024 appeared first on IoT Analytics. read more

In short Why it matters The bigger picture: No AI strategy without a data strategy In Q1 2024, the CEOs of nearly 1/3 of all companies discussed AI in their […] The post How global AI interest is boosting the data management market appeared first on IoT Analytics. read more

In short Why it matters This article is based on insights from: Quarterly Trend Report: What CEOs talked about in Q2/2024 Download a sample to learn about the in-depth data that are part of the report. Already a subscriber? See your reports here → The big picture In Q2 2024, inflation remained the most discussed […] The post What CEOs talked about in Q2 2024: AI, data centers, and up-and-coming LLMs appeared first on IoT Analytics. read more