A report released by ABI Research urges telecom operators to be more aggressive with their 5G deployment in cities to leverage the new potential economic value.

Berg Insight estimates that global cellular IoT module shipments increased by 76% in 2017 to a new record level of 237 million, fuelled by exceptional volume growth in China. Until 2023, shipments of cellular IoT devices are forecasted to grow at a compound annual growth rate (CAGR) of 23.2% to reach 1.1 billion units.

The Middle East and Africa (MEA) region has seen an accelerated development in Internet of Things (IoT) technologies. Even though it is still adopted in limited verticals, stakeholders are exploring and identifying key areas of growth.