Organization: The global cellular Internet of Things connections are expected to reach 5.1 billion by 2030.

On August 7th, according to the latest research by Omdia, the cellular Internet of Things market will experience rapid expansion in the next six years, with the global cellular IoT connections expected to reach 5.1 billion by 2030. The report indicates that the rapid growth of cellular IoT is mainly driven by three key technologies: 5G RedCap, 5G Massive IoT, and 4G LTE Cat-1bis modules.