Key Insights (AI-assisted): Accelerating unit growth alongside flat revenues signals a structural shift toward ultra-low-cost cellular IoT, reshaping vendor economics and design choices. The dominance of LTE Cat.1 bis and China/India volume means global

Key Insights (AI-assisted): Enterprise IoT’s evolution toward operational autonomy signals that value will concentrate around decisioning and execution rather than connectivity or data collection. Vendors built around generic platforms or dashboarding risk disintermediation as

Key Insights (AI-assisted): Private cellular’s growth trajectory signals that IoT connectivity is shifting from best-effort public networks to deterministic, site-specific infrastructure. For vendors, the 6,500 deployments and fragmented supplier base imply an intensifying battle