IoT Connectivity Revenues Might be 10% of Total in 2020

Posted August 28, 2019

In Business Model, Internet Access, Mobile

Internet of Things deployments and revenue are growing, and have been since at least 2015, according to BCG. Communications services (network access) might represent about 10 percent of total IoT revenues in 2020.

That is why it makes sense for connectivity providers to look for additional roles within the ecosystem.

source: BCG

The verticals with the most spending in 2020, according to BCG, are manufacturing, transportation and utilities.

source: BCG

Gary Kim

Gary Kim is a communications industry analyst of 30 years, ranked second globally among power influencers in mobile and among the top 10 telecom thought leaders. He currently works as a telecom/Internet conference content developer and speaker. He recently founded the Spectrum Futures conference for the Pacific Telecommunications Council, and acts as a conference advisor for PTC. He is a member of Mensa, the international organization for people with IQs in the top 2 percent.